The Enforcement Directorate (ED) has attached extra properties worth Rs 1.26 crore belonging to tamil Nadu minister Anitha R Radhakrishnan in reference to an ongoing money laundering research linked to the alleged ownership of disproportionate assets.
The ED issued a provisional order underneath the Prevention of money Laundering Act (PMLA) to attach the immovable belongings located in Thoothukudi, Madurai, and Chennai. The federal organization made the declaration in a declaration on Thursday.
Radhakrishnan, seventy three, serves as a Dravida Munnetra Kazhagam (DMK) mla representing the Tiruchendur assembly constituency in Thoothukudi and holds the portfolio of fisheries and animal husbandry. This marks the second one time the ED has focused his property. In 2022, the agency had connected homes well worth about Rs 1 crore.
The money laundering case originates from a primary records file (FIR) filed by the tamil Nadu Directorate of Vigilance and Anti-Corruption (DVAC). The FIR accuses Radhakrishnan of "obtaining belongings disproportionate to his acknowledged assets of income within the call of his own family individuals".
The DVAC eventually filed a charge sheet alleging that among 14 may additionally 2001 and 31 march 2006, Radhakrishnan had received belongings worth Rs 2.07 crore beyond his recognised sources of earnings.
The ED's research revealed that Radhakrishnan and his circle of relatives contributors are "nevertheless in possession and leisure" of those proceeds of crime. A part of the illicit belongings, the ED claimed, become laundered thru numerous companies via layering, which includes cash deposits and loans acquired the use of the proceeds.
