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The Enforcement Directorate has frozen assets of around Rs 41.9 crore of fixed deposits of Tamil Nadu Higher Education Minister K.Ponmudi. Both the Minister and his son Gautam Sigamani were interrogated by the ED in a money laundering cse related to sand-mining.
While Ponmudi is an MLA from the Tirukkoyilur Assembly in Villupuram district, his son is a Member of Parliament and represents Kallakurichi.
The ED carried out search operations in seven locations and it interrogated both father and son on two occasions. The searches revealed cash amounting to 81.7 lakh, foreign currency of British pounds equal to 13 lakh and fixed deposits of around Rs 41.9 crore.
The DMK party considers these raids as part of ”political vendetta” and was being done to divert attention from the mega opposition meet in Bengaluru.
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