Leaders welcome HC order of CBI probe into Rs 570 crore seizure

Leaders welcome HC order of CBI probe into Rs 570 crore seizure

Leaders welcome HC order of CBI probe into Rs 570 crore seizure: Political leaders, including DMK treasurer and leader of opposition M K Stalin, MDMK general secretary Vaiko, PMK founder S Ramadoss and VCK supremo Thol Thirumavalavan have welcomed the Madras high court ordering CBI investigation into the seizure of Rs 570 crore from three containers near Tirupur.

Stalin said when he tried to raise this issue in the Assembly, the
Speaker did not grant him permission. ”But now the Madras High Court has ordered a CBI probe into the seizure”, he added.

The court on Monday directed the Central Bureau of Investigation (CBI) to conduct a preliminary enquiry into the complaint on the alleged attempt to transfer Rs. 570 crore from Coimbatore to Visakhapatnam by the State Bank of India (SBI).

“If a prima facie case is made out the CBI shall initiate appropriate action in accordance with law,” Justice R. Subbiah said while passing orders on a criminal original petition moved by the DMK represented by its press relations secretary T.K.S. Elangovan. The petitioner alleged that the transfer relates to interstate movement of