LOGO
Reply to Thread New Thread
Old 08-18-2011, 05:15 PM   #1
AdSuiteAdobe

Join Date
Oct 2005
Posts
351
Senior Member
Default ED to seize assets of Kalaignar TV
In its ongoing probe into the 2G spectrum scam, the Enforcement Directorate (ED) is set to attach properties worth Rs.200 crores of companies allegedly associated with telecom promoter Shahid Balwa and Kalaignar TV very soon.

The ED has asked representatives of private companies, who allegedly helped in transferring Rs.200 crores from Kusegaon Fruits & Vegetables Pvt Ltd and Cineyug Films to Kalaignar TV, to produce balance-sheets details of their respective companies before the agency officials on Thursday.

“After going through the balance-sheets of these companies on Thursday, the ED is expected to issue a formal order related to attachment of properties, worth Rs.200 crores, within a week,“ sources said.

Sources further claimed, “Even after repeated reminders by the ED officials, representatives of these companies did not submit detailed balancesheets to the agencies.“
AdSuiteAdobe is offline



Reply to Thread New Thread

« Previous Thread | Next Thread »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

All times are GMT +1. The time now is 12:24 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.0 PL2
Design & Developed by Amodity.com
Copyright© Amodity