The Madras High Court has dismissed petitions filed by the Tamil Nadu government and TASMAC challenging the legality of Enforcement Directorate (ED) raids. The ED had conducted raids alleging financial irregularities and overpricing of liquor bottles amounting to approximately Rs 1,000 crore. TASMAC, the state-run liquor retailing entity, alleged harassment during the raids, which was denied by the ED. This development comes as a setback to the Tamil Nadu government and TASMAC in their legal battle against the ED’s investigations. The court’s decision signifies a major development in the ongoing dispute between the state government and the central investigative agency. The ED’s allegations of financial impropriety have been a subject of contention between the two parties, with the court now ruling in favor of allowing the ED to continue its investigations unhindered. The outcome of this legal battle is expected to have far-reaching implications for the state’s liquor retailing industry and could potentially lead to further scrutiny of TASMAC’s financial transactions.
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Madras High Court dismisses Tamil Nadu govt and TASMAC pleas against ED raids over alleged financial irregularities.
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