The Enforcement Directorate (ED) on Monday conducted searches across multiple locations in Chennai as part of a money laundering probe linked to the spurious Coldrif cough syrup deaths in Madhya Pradesh. The raids, carried out under the Prevention of Money Laundering Act (PMLA), covered seven sites, including residences of senior officials from the Tamil Nadu Drug Control office.
The action follows last week’s arrest of G. Ranganathan, owner of Tamil Nadu-based Sresan Pharma Company, by police teams from Madhya Pradesh and Tamil Nadu, and the suspension of two state drug inspectors. The Tamil Nadu government has already shut down Sresan Pharma following reports that the contaminated cough syrup claimed at least 21 children’s lives in Madhya Pradesh. Authorities said a decision on the permanent cancellation of the company’s licence is expected soon.
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ED officials confirmed that their investigation, based on earlier police findings, will examine the company’s financial transactions and possible money laundering activities. Ranganathan will also be questioned by the ED after he is taken into custody from the Madhya Pradesh police.
(This story has been published from a syndicated feed.)
