‘Velumani’s L.E.D light scam cost TN Rs 500 crore loss’

COIMBATORE: In a fresh criminal case, the Directorate of Vigilance and Anti-Corruption (DVAC) on Monday booked AIADMK MLA SP Velumani for allegedly abusing his position and granting tenders to his associates during his tenure as municipal administration minister, thereby causing a loss of up to Rs 500 crore to the State. DVAC sleuths on Tuesday conducted searches at 31 places in Chennai, Coimbatore, Tiruchy, Tiruvallur and Chengalpattu linked to Velumani and his associates.