The Supreme Court dismissed a businessman’s plea challenging ED searches at his residence in a May 2025 money laundering probe linked to the TASMAC corruption case.
The top court extended the stay on the probe by the ED, after being apprised by TASAMC regarding the non-supply of the Enforcement Case Information Report.
The residences and office premises of Akash Bhaskaran and Vikram Ravindran were raided in May this year by the ED; both filed petitions in the HC challenging the ED’s proceedings and questioned the au ...
After intense searches at Tasmac headquarters and premises related to the firm, the ED, in a press release on March 13, said it had found incriminating materials indicating a scam of Rs 1,000 crore.
Madras HC directed the ED to return all properties seized and sealed during the search conducted on May 16, until the writ petitions are finally adjudicated.
