ED files charge sheet in money laundering case over valuation of coal price
The Enforcement Directorate (ED) on Thursday said that its has filed a charge sheet against Ahmed A.R. Buhari and six others in a money laundering case of over valuation of coal prices.
The charge sheet was filed before a special court in Chennai.
The court after receiving the charge sheet took cognizance of it and fixed the matter for the next date of hearing.
The ED initiated the money laundering investigation on the basis of an FIR registered by the Central Bureau of Investigation (CBI), against Buhari, the promoter of Coastal Energy Pvt. Ltd, Chennai, and others unknown officials of PSUs under various section of the IPC, and section 13(2) read with section 13(1)(d) of the Prevention of Corruption Act.
