ED attaches assets worth ₹144 crore
The Hindu
The Enforcement Directorate has attached assets worth ₹144.40 crore of the then director and some junior functionaries of the Insurance Medical Scheme (IMS) and others for allegedly causing a loss of
The Enforcement Directorate has attached assets worth ₹144.40 crore of the then director and some junior functionaries of the Insurance Medical Scheme (IMS) and others for allegedly causing a loss of ₹211 crore to the exchequer.
The properties of some medicine suppliers and family members of the accused IMS officials have also been attached under the Prevention of Money Laundering Act.
The ED probe is based on eight FIRs registered by the Telangana Anti-Corruption Branch in Hyderabad, against the IMS officials and others for alleged violations in tendering process and misappropriation of government funds.
As speculation over the continuation of Minister for Scheduled Tribes Welfare B. Nagendra in the Cabinet persisted, with the demand for his resignation raised by the BJP in connection with the ₹94 crore scam at the Maharshi Valmiki Scheduled Tribes Development Corporation, his Cabinet colleagues came to his defence on Thursday.