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16 Jul 2018, Edition - 1098, Monday

FLASH NEWS:

  • NHRC issues notice to Maharashtra govt over suicide by almost 700 farmers in the state
  • Terrorists opened fire upon a police post guarding the house of NC leader at Murran Pulwama, 1 cop martyred, 2 guards injured
  • Major Aditya Case: J&K authorities refuse to quash FIR, wants all states involved
  • Petrol becomes cheaper by 11 Paise, Diesel by 14
  • NIA Court sends Asiya Andrabi and two others for 30 days judicial custody
  • Even doing ‘Puja’ has become difficult here, says PM Modi in Midnapore
  • J&K: Infiltration bid foiled in Kupwara as 1 terrorist was gunned down while 2 army men were injured in the firing
  • Income tax raids at SPK Company and Expressway Private Limited in Chennai as major tax evasion is being suspected
  • Bombay HC is set to begin hearing on Col Purohit’s discharge plea in the 2008 Malegaon blast
  • SC refuses to stay Centre’s notification introducing pictorial representation on tobacco-related packets

Tamilnadu News

ED attaches 517 properties of two Madurai based granite export firms, their owners and relatives

Covai Post Network

Image credit : Illustrative Image

Chennai: The Enforcement directorate on Monday provisionally attached 517 immovable properties of Madurai based granite companies, MR Granites and RR Granites and those belonging to the relatives of the owners of these companies. The action was taken under the Prevention of Money Laundering Act, 2002.

While the guidance value of these properties is collectively valued at Rs 98 crore, the market value would over double at Rs 200 crore.

The ED said in a statement here that it identified 517 properties acquired by the suspects in their own name and in the names of their family members.

Action comes on the basis of five FIRs, registered in 2013 by the ED against Madurai Granite Exports, M R Granites and R R Granites and their proprietors/partners.

Charge sheets were filed by police that these persons were allegedly indulging in illegal quarrying of multi-coloured granties at Melur, Keelavalavu, Rasipuram and other places in and around Madurai.

“It was estimated that the loss to the Government exchequer and the consequent illegal gain to the accused there in was about Rs. 450 crores in this case,” the ED said in the statement.

COIMBATORE WEATHER