ED estimates Rs 450 crore loss for TN in granite scam

Reports have emerged that the Enforcement Directorate (ED) has provisionally attached 517 immovable properties (with guideline value of Rs 98 crore and market value of about Rs 200 crore) belonging to two Madurai-based granite firms and related persons for money laundering on Monday. ED also said that this illegal gain has resulted in a loss of Rs 450 crore to TN exchequer, according to reports.

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