The Supreme Court on Thursday stayed a money laundering probe against state-run liquor retailer, Tamil Nadu State Marketing Corporation (TASMAC), in an alleged Rs 1,000 crore scam.
Commenting on the raids, the apex court said: “ED is violating the Constitution. ED is really crossing all the limits.”
The agency had conducted searches on the premises of the company, which is wholly owned by the state government, on March 6 and 8. The ED probe is based on over 40 FIRs registered in the matter by the Vigilance Department.
