ED attaches properties, bank deposits of Alagiri’s son

Wednesday 01st May 2019 03:11 EDT

The Enforcement Directorate has attached 25 properties and bank deposits worth over £4 million belonging to Alagiri Dayanidhi, son of expelled DMK leader MK Alagiri, in connection with £1.6 billion granite mining scam case in Tamil Nadu. The central agency said that it has issued provisional attachment orders for these properties which are in the name of a company owned by Alagiri's filmmaker son. The assets include "movable and immovable properties consisting of lands, buildings in Madurai, Chennai and fixed deposits totaling to £4.03 million". The assets, ED said, belong to M/s Olympus Granites Pvt. Ltd and its directors which includes Dayanidhi. The attachments have been made under the Prevention of Money Laundering Act.

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