Chennai: In what could spell trouble for former Tangedco top brass who served during the period 2001-2019, the Enforcement Directorate has decided to investigate them in connection with a 1,200-crore scam in handling coal at Visakhapatnam port.
The ED believes that apart from those named in the FIR registered by the directorate of vigilance and anti-corruption (DVAC), other officials must also be involved in the case. This was after a four-day search at 10 locations in the city. These included properties of a former director of coal of Tangedco, other government officials, South India Corporation (SIC), a group company of the Chettinad Group, and key personnel of SIC and Western Agencies (Madras) Private Limited.
The ED seized digital evidence and property documents, apart from 360 crore in fixed deposits in the accounts of SIC.
