Coal scam: ED attaches assets worth Rs 78.25 cr of Nagpur firm

NEW DELHI: ED today attached assets worth Rs 78.25 crore of a Nagpur-based firm in connection with its money laundering probe into the coal scam case.

The agency said it issued the provisional attachment orders in this regard against the firm — Ms B S Ispat Limited — and a few others.

Enforcement Directorate had registered a case under the Prevention of Money Laundering Act (PMLA) against them based on a CBI FIR and charge sheet.

“Ms B S Ispat Limited had obtained Marki Mangli-I coal block through misrepresentation and after the allocation of the coal block, the original promoters of the company sold their shares and were benefited on a large scale. (AGENCIES)

 

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