The Supreme Court has halted the Enforcement Directorate (ED)'s money laundering probe against the Tamil Nadu State Marketing Corporation (TASMAC) pending a decision on a review plea related to the Prevention of Money Laundering Act (PMLA).
The probe is related to an alleged ₹1,000 crore scam. In May, the court stayed any coercive action and money laundering probe against TASMAC after the Tamil Nadu government challenged the Madras High Court's decision to allow the ED probe to proceed.
A bench consisting of Chief Justice of India (CJI) BR Gavai and Justice Vinod Chandran made the interim order absolute.
The Supreme Court intervened on the Tamil Nadu government's petition challenging the Madras High Court decision.
Author's summary: Court halts ED probe against TASMAC.