Enforcement Directorate takes this major action in coal block probe

The ED is continuing its probe in the case

In yet another major swoop, the Enforcement Directorate has taken action against Jayaswal Neco Industries Ltd.

It is said that ED has gone ahead and seized over Rs 100 crores worth assets of the company.

The action has been taken as part of the Prevention of Money Laundering Act.

The ED is continuing its probe in the case.

As per information received from the ED sources.

As per the case registered with the Central Bureau of Investigation, the company had wrongly got the allotment of the Gare Pelma IV coal block.

The company has so far recovered 3.8 million tonnes of coal from the block.

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