Chennai: The Madras high court has directed the Economic Offences Court, Egmore, to order issuance of documents relating to proceedings initiated by Enforcement Directorate to TTV Dhinakaran, Amma Makkal Munnetra Kazhagam (AMMK) leader and RK Nagar MLA, in connection with case registered against him by the ED two decades ago.
According to ED, TTV Dhinakaran was the director of M/s Dipper Investments Limited Company incorporated in the British Virgin Islands had allegedly transferred '1 crore US Dollars without RBI permission. In 1994 about 21 cheques, totaling the value of US dollars 1,04,93,313 were deposited in the account of M/s Dipper Investments in the Barclays Bank. The money was illegally without permission of the RBI. ED registered case against him under Fera Act.
The plea of TTV Dhinakaran for production of documents was not considered by the EO court. Hence he filed a revision petition against the order of EO court dated December 8, 2017.
Allowing the petition, Justice MV Muralidharan has directed trial court to order the ED to furnish the documents as sought for by TTV Dhinakaran.
