The Enforcement Directorate (ED) on Tuesday attached shares worth Rs 452 crores of ILFS Tamil Nadu Power Company (ITPCL) held in the name of a Singapore-based shell company.
The agency said that the company M/s A S Coal Pte Singapore is owned by a British National, Jaimin Vyas.
"ED attaches shares worth Rs 452 crores of ILFS Tamil Nadu Power Company (ITPCL) held in the name of M/s A. S. Coal Pte Singapore (a shell company), owned by a British National, Jaimin Vyas under PMLA in a fraud case," ED tweeted.
( With inputs from ANI )
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