7 U.P. super mills worth over ₹1,097 crore attached
The Hindu
The Enforcement Directorate has attached seven sugar mills in Uttar Pradesh, currently worth over ₹1,097 crore, in connection with their acquisition allegedly by former Saharanpur MLC Mohammed Iqbal and others in 2010-11 via illegitimate means.
The mills, said to be owned by Mr. Iqbal and his family members, were sold to them at throwaway prices — ₹60.28 crore — through a disinvestment process. The ED’s money-laundering case is based on the investigations conducted by the Serious Fraud Investigation Office.
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