CHENNAI: 14 immovable properties worth Rs 21.32 crore belonging to the family members and an associate of fugitive Sridhar Dhanapal Sridhar, hailing from Kancheepuram district have been attached to the Enforcement Directorate here on Friday. In a release ED said, Sridhar is wanted in several criminal cases, but he is said to be hiding in Dubai. HE Enforcement Directorate (ED) on Friday attached. as arresting him is quite difficult ED has been attaching properties owned by him. Recently the ED even attached a property that Pothy’s, a clothing retail chain, bought from Sridhar’s family member, ED said. Sridhar’s wife S Kumari; his younger brother D Senthil and his wife S Nirmala; and one J Arul, an associate of Kanchi Sridhar were the latest set of properties to be attached to ED, according to the ED joint director, K S V V Prasad. The properties attached included four farm lands and one commercial site in the name of Kumari worth Rs 10 crore; two residential properties worth Rs 2.84 crore in the name of Senthil; two farm lands worth Rs 7.68 crore in the name of Senthil’s wife and children; and three vacant sites and two farm lands worth Rs 80 lakh belonging to Arul, the release said. Properties worth Rs 80 Crore were attached to ED and they Sridhar and his family members by issuing two provisional attachment orders in September 2016 and both the orders have been confirmed by the adjudicating authority under the Prevention of Money Laundering Act (PMLA). Sridhar has been evading the action under PMLA, 2002 by not appearing before the ED, the release added. Nine murder cases, 15 attempt to murder cases, three explosive cases, besides kidnapping for ransom and many prohibition cases at various police stations in Kancheepuram district are filed against him ED said. Sridhar’s younger brother D Senthil was arrested on January 4 for money laundering, Mr. Prasad said. ]]>
