ED attaches over Rs 298-cr assets of Chettinad group company

The Enforcement Directorate (ED) attached assets worth more than Rs 298 crore from a Chettinad Group subsidiary as part of a money laundering investigation. The complaint involved former TANGEDCO officials and SICPL. Between 2011-2019, Rs 908.79 crore was the loss to TANGEDCO in a Visakhapatnam port coal handling case, prompting ED's action and provisional order.