Madras High Court dismisses Tamil Nadu govt, TASMAC pleas against ED raids over alleged Rs 1,000 crore irregularities.

In a recent development, the Madras High Court has dismissed petitions filed by the Tamil Nadu government and TASMAC challenging the Enforcement Directorate’s (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-owned liquor retail corporation, claimed harassment during the raids, which was refuted by the ED. This legal battle sheds light on the ongoing investigations into the alleged misconduct within the liquor industry. The High Court’s decision marks a significant milestone in the case, further intensifying the scrutiny on TASMAC and the state government. The outcome of this legal dispute will have far-reaching implications on the liquor trade in Tamil Nadu and could potentially impact the operations of TASMAC. Stay tuned for more updates on this developing story.

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