New Delhi, Dec. 3 -- The Enforcement Directorate (ED) has attached immovable properties worth Rs 2.04 crore belonging to G Ranganathan, proprietor of Sresan Pharmaceutical Manufacturer, under charges of money laundering linked to the selling of Coldrif adulterated cough syrup, which caused deaths of more than 20 children, the agency said on Wednesday.
ED's Chennai zonal office has attached these properties, comprising two residential flats at Kodambakkam in Chennai, owned by G Ranganathan and his family members. These properties were attached on December 2 under the Prevention of Money Laundering Act (PMLA), 2002.
ED initiated investigations under PMLA based on two FIRs involving scheduled offences.
The FIR registered by Madhya Pradesh...
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