ED searches TN realty group started by Minister’s brother

CHENNAI :

THE Enforcement Directorate on Monday searched multiple premises spread across Chennai, Tiruchirappalli and Coimbatore as part of an investigation against a real estate group promoted by the brother of State Minister and senior DMK leader, K N Nehru, official sources said. The realty company -- TVH Group -- was founded by KN Ravichandran. The federal probe agency has conducted searches as part of a probe linked to the TVH group, the sources said. Ravichandran is the brother of KN Nehru, the Tamil Nadu Minister for municipal administration. ED arrests SP leader Vinay Shankar Tiwari, aide in Rs 750 cr bank ‘fraud’ case: The ED on Monday arrested former Uttar Pradesh MLA Vinay Shankar Tiwari and a senior official of his company in a money laundering investigation linked to an alleged bank loan fraud of Rs 750 crore, official sources said. The money laundering case stems from an FIR filed by the CBI. Tiwari, 59, was taken into custody from the State capital Lucknow around 5 pm. Ajeet Pandey, the managing director of his company called Gangotri Enterprises, was apprehended from Mahrajganj district around the same time under the Prevention of Money Laundering Act (PMLA), the sources said.

ED questions ‘L2: Empuraan’ producer in chit fund case

NEW DELHI,

Apr 7 (IANS)

THE Enforcement Directorate on Monday questioned Gokulam Gopalan, one of the producers of the Malayalam movie ‘L2: Empuraan’, at its Kochi office in connection with a foreign exchange law “violation” by his chit fund company, sources said. The federal probe agency recorded the Kerala-based businessman’s statement under the Foreign Exchange Management Act, they said.

ED seizes Rs 25 cr assets of firm linked to illegal mining in Haryana

NEW DELHI,

Apr 7 (IANS)

THE Enforcement Directorate has attached movable and immovable assets worth Rs 25.16 crore in a case of money laundering by a company allegedly linked to illegal mining in Haryana. The search op against Sunder Marketing Associates, conducted by the ED Headquarters in New Delhi, involved seizure of assets including cash, agricultural lands, residential plots andhouse, flat and commercial office.