ED attaches ₹3.19 cr. assets of firm officials
The Hindu
The accused, who moved to the US., have not been responding to summons
The Enforcement Directorate on Thursday said that it seized assets worth ₹3.19 crore of Karusala Venkat Subba Rao, Tejesh K. Kodali and Kadiyala Venkateswara Rao of 3K Technologies Limited, under Foreign Exchange Management Act (FEMA), 1999.
The sized assets are in the form of 15 immovable properties situated in the two Telugu States.
The ED said that action was taken after information was received from the office of the Development Commissioner, Visakhapatnam Special Economic Zone.
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