New Delhi: The Enforcement Directorate (ED) has attached assets worth Rs 169 crore of a firm in connection with its money laundering probe in the coal blocks allocation case, the central agency said on Tuesday.
The case pertains to Topworth Urja and Metals Ltd (formerly Shree Virangana Steels Ltd) that was allocated the Marki Mangli-II, III and IV coal blocks in eastern Maharashtra.
The ED, in a statement, alleged that the firm got the coal blocks “through fraudulent means and by misrepresentation.”
“Due to illegal allocation of Marki Mangli-II and Marki Mangli-III coal blocks, the company was benefited to the extent of Rs 169.64 crore,” the agency claimed.
