Money laundering case: ED raids multiple locations linked to AIADMK leader R. Vaithilingam in probe
- The Enforcement Directorate (ED) is conducting raids across multiple locations in Chennai in connection with former AIADMK minister and current MLA, R. Vaithilingam
The Enforcement Directorate (ED) is conducting raids across multiple locations in Chennai in connection with former AIADMK minister and current MLA, R. Vaithilingam, as part of an ongoing money laundering investigation. The searches come after the Directorate of Vigilance and Anti-Corruption (DVAC) filed a case last month against Vaithilingam and his son, V. Prabhu, over allegations of corrupt activities, as per ANI.
This action follows nearly a month after the Directorate of Vigilance and Anti-Corruption (DVAC) in Tamil Nadu filed a case against Vaithilingam and his family, accusing them of accepting bribes from a major real estate company in exchange for granting planning permission for a housing project.
According to the DVAC, Vaithilingam allegedly abused his position as Housing and Urban Development Minister (2011-2016) to amass assets under his son's name that are disproportionate to his known sources of income.
The DVAC's FIR states that the real estate firm funneled ₹27.9 crore in bribes to a shell company managed by Vaithilingam's family in return for approvals to develop a residential project.
Vaithilingam has served three terms as an MLA for the AIADMK, representing Orathanadu, and held ministerial roles between 2001 and 2006. During his second tenure from 2011 to 2016, he oversaw both the Housing and Urban Development and Agriculture ministries. He later served as a Rajya Sabha MP from 2016 to 2021 and was re-elected as an MLA in 2021.
About the money laundering case
Tamil Nadu police had filed a ₹27.90 crore bribery case against R Vaithilingam, minister during the previous AIADMK regime, in September, 2024 and a noted property-infrastructure development company that allegedly paid the bribe to secure planning permission for a project in 2016.
Vaithilingam, formerly housing and urban development minister, is the first accused in the FIR registered by the Directorate of Vigilance and Anti-Corruption (DVAC). Ten others include Shriram Properties and Infrastructure Pvt Ltd (SPIPL) and a director of SPIPL. Vaithiligam and the company did not answer calls/text messages seeking their reaction.
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Business NewsNewsIndiaMoney laundering case: ED raids multiple locations linked to AIADMK leader R. Vaithilingam in probe
First Published:23 Oct 2024, 09:29 AM IST
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