ED attaches properties worth Rs 1.2 cr of JIPL in coal scam case

ED attaches properties worth Rs 1.2 cr of JIPL in coal scam case

Shillong Times

New Delhi, Feb 23 : The Enforcement Directorate (ED) has attached properties to the tune of Rs 1.2 crore of Jharkhand Ispat Private Limited (JIPL) in a coal block case.
An ED official here said that the agency attached the properties under the sections of Prevention of Money Laundering Act (PMLA), 2002.
The ED had registered a case of money laundering on the basis of the FIR filed by the Central Bureau of Investigation (CBI). The CBI has also filed a charge sheet against Jharkhand Ispat Private Limited and its directors. Subsequently, the special CBI court had convicted JIPL and its directors along with imposing a fine on them in the CBI case.

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