MP Son In Money Laundering Case, Probe Agency Raids Tamil Nadu Minister The Enforcement Directorate on Monday conducted raids at the premises of DMK leader and Tamil Nadu Higher Education Minister K Ponmudy and his MP son Gautham Sigamani in a money laundering case, official sources said.
The raids are being undertaken at the premises of the father-son duo in the state capital Chennai and in Villupuram, they said.
The money laundering case is linked to alleged irregularities when Mr. Ponmudy was the state mining minister (between 2007 and 2011) and allegations of violation of quarry license conditions leading to the exchequer loss of about Rs 28 crore.
The ED had recently initiated similar action against senior DMK leader and TN Transport Minister Senthil Balaji.
(Except for the headline, this story has not been edited by Fortune Post staff and is published from a syndicated feed.)