July 30, 2019 8:34 AM

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ED provisionally attaches assets worth Rs 246 cr in Gutkha Scam case

<span style="color: #222222;">Enforcement Directorate, ED has provisionally attached assets worth 246 crore rupees in a Gutkha Scam case.<br />'' <br />'' In a statement, the agency said, the attached properties consists of 174 immovable properties situated in Tamilnadu, Puducherry and Andhra Pradesh.<br />'' <br />'' ED has initiated investigations under the provisions of Prevention of Money Laundering Act against unknown Officials of State and Central Government and others, based on an FIR filed by the CBI.<br />'' <br />'' The CBI is conducting investigations into illegal manufacture, import, supply, distribution and sale of Gutkha and other chewable tobacco which were banned in the Tamilnadu and Puducherry.<br />'' <br />'' Investigation revealed that accused A. V. Madhava Rao, P.V.Srinivasa Rao, Tallam Uma Shankar Gupta and others were involved in illegal manufacture, sale and distribution of Gutkha products in Tamilnadu from June 2013 to June 2016 having a turnover of over 639 Crore rupees.</span><br />

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