Illegal mining: Enforce Directorate attaches Janardhan Reddy's assets worth Rs 884 crore

Written By Unknown on Rabu, 05 Desember 2012 | 07.20

BANGALORE: The Enforcement Directorate has attached shares and assets worth Rs 884 crore belonging to former BJP minister and mining baron G Janardhan Reddy, under money laundering act.

According to reports, Reddy, who owned Obalapuram Mining company (OMC), illegally mined ore from 2007-2010.

This is a great set back to Janaradhan Reddy, who is planning to contest election from jail.

Earlier, a court had extended the judicial remand Gali Janardhan Reddy, his brother-in-law B V Srinivas Reddy and another accused Mehfuz Ali Khan in the illegal mining case involving Obulapuram Mining Company (OMC) till December 19.


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