ED attaches Rs 884-cr assets of Janardhana Reddy

December 06, 2012 11:45

Shares and assets worth Rs 884 crore have been attached under Prevention of Money Laundering Act in Obulapuram Mining Company case involving former Karnataka Minister G Janardhana Reddy, the Enforcement Directorate today said. "Investigations revealed that OMC has illegally mined iron ore valued at Rs 884.13 crore during 2007-08, 2008-09, 2009-10," an ED statement said here today. Read more on the Economic Times.

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