Business Standard

ED attaches Rs 52 crore worth of properties

IANS  |  Chennai 

The Enforcement Directorae (ED) on Friday said it has attached Rs 52 crore worth of properties belonging to granite companies in

According to ED, it has attached 284 immovable properties worth Rs 52 crore under the Prevention of Money Laundering Act (PMLA).

The properties belong to Om Sri Granites, and their partners in the alleged granite mining scam, ED tweeted.

This month, the ED said it had provisionally attached 158 properties valued at Rs 37.79 crore under PMLA belonging to C. Periyakaruppan , K. Balakrishnan, P.T. Subiah and their family members running Kumar Granites and Kumar Exports.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, March 23 2018. 18:54 IST
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