Chennai, June 13 (PTI): The Enforcement Directorate has attached gold ingots and bars weighing 50 kg and worth about Rs 14 crore in connection with its money laundering probe against Tamil Nadu sand mining baron J. Sekhar Reddy and others. The total value of the attached gold, weighing 49.48 kg, is over Rs 13.96 crore, it said. ”In addition to this attachment, till date, the ED has attached Rs 10 crore in demonetised currencies, 6.5 kg gold bullion, Rs 34 crore of new currency and 30 kg of gold. The total attachments in this case adds up to about Rs 68.5 crore,” the ED said in a statement. Reddy was earlier arrested by the CBI too in the same case of alleged black money generation post the note ban.

Source: The Telegraph June 13, 2017 09:22 UTC