Chennai, Feb. 4 -- The Enforcement Directorate (ED), Chennai,
on Tuesday seized immovable properties, collectively valued at about
Rs.1,000 crore and freezed Fixed Deposit Receipts (FDRs) and Mutual
Funds amounting to Rs 912 crore belonging to RKMPPL under PMLA.
In a social media post, the ED said it has conducted search operations
at three locations in Chennai, targeting premises linked to Ms Andal
Arumugam, S. Arumugam and others as part of the ongoing investigation
into M/s RKM Powergen Private Limited (RKMPPL) under the provisions
of Prevention of Money Laundering Act (PMLA), 2002.
During the search operations, various incriminating documents, digital
devices and documents related to immovable properties, collectively
valued a...