Salgaocar is being investigated in the money laundering case related to illegal mining.
ED had in June, last year, filed an enforcement case investigation report (ECIR) under Prevention of Money Laundering (PML) Act, 2002 in the larger mining scam, which is pegged at a total of Rs 35,000 crore by Justice M B Shah Commission.
Along with Salgaocar, summons have been issued to managing directors of Balaji Mines Minerals (January 22), Shantilal Kushaldas & Bros Pvt Ltd (January 23), Tungbhandra Minerals Pvt Ltd (January 28) and Salitho Ores Pvt Ltd (January 27).
Apparently, all these firms are part of Salgaocar Mining Industries. ED official claimed that mines belonging to the above leases are run or operated by Salgaocar Mining Industries Pvt Ltd.
These names are amongst the list of firms which were issued notices by the ED in connection with the money laundering case emerging from the illegal mining. ED in the past had questioned former managing director of Timblo Private Limited Radha Timblo and her son Chetan in connection with the case. Other directors of Chowgule companies were also grilled.
The ECIR has been registered against government officials, mining companies and entities identified and mentioned in the report of Central Empowered Committee (CEC) appointed by the Supreme Court, Justice M B Shah Commission report and report of the Goa State legislative Assembly’s Public Accounts Committee (PAC).
