In a recent development, the Madras High Court dismissed the petitions filed by the Tamil Nadu government and TASMAC challenging the Enforcement Directorate (ED) raids. The ED had conducted raids based on allegations of financial irregularities and overpricing of liquor bottles by TASMAC, amounting to approximately Rs 1,000 crore. TASMAC has alleged harassment during the raids, which was denied by the ED. The court’s decision marks a significant development in the ongoing legal battle between the state government, TASMAC, and the ED. The ED’s actions have stirred controversy and raised questions about the integrity of TASMAC’s operations. This ruling is likely to have far-reaching implications on the investigation and subsequent legal proceedings. Stay tuned for more updates on this evolving story.
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Madras High Court dismisses Tamil Nadu govt & TASMAC petitions against ED raids on Rs 1,000 crore allegations.
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