The Directorate of Enforcement (ED), Chennai, has provisionally attached immovable properties worth Rs 298.21 crore (approx.) of M/s. South India Corporation Ltd. (SICPL), a group company of M/s. Chettinad Group, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
The searches were conducted last Friday and locations included the premises of the former director (coal) of TANGEDCO, government officials, as well as the key management personnel of SIC and Western Agencies (Madras).