Goa, Nov. 10 -- The Enforcement Directorate (ED) has attached assets worth Rs.21 crore belonging to Karnataka Congress MLA Satish Krishna Sail in connection with a money laundering investigation linked to the alleged illegal export of iron ore.
According to an official statement, the ED issued a provisional attachment order under the Prevention of Money Laundering Act (PMLA) on November 6, covering properties and assets held by Sail through his Goa-based company, Shree Mallikarjun Shipping Pvt Ltd (SMSPL).
The probe stems from allegations that the company was involved in unauthorised iron ore mining and export operations, causing significant losses to the state exchequer. Investigators claim that the proceeds from these illegal activiti...
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