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2mo ago

Tamil Nadu Liquor Scam: ED Uncovers ₹1,000 Crore Financial Irregularities in TASMAC Operations

The Enforcement Directorate alleges widespread corruption involving distilleries, bottling companies, and TASMAC officials, prompting opposition parties to demand the DMK government's resignation.

The ED said that its searches in various premises across many districts of Tamil Nadu under the provisions of PMLA, 2002, for various offences related to TASMAC and its associated entities and people was based on multiple FIRs (ANI)
Tamil Nadu Chief Minister MK Stalin addresses a gathering during a public meeting, in Tiruvallur district of Tamil Nadu.
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AIADMK walked out of the Budget session of the Tamil Nadu assembly and demanded resignation of DMK government

Overview

  • The Enforcement Directorate (ED) has uncovered ₹1,000 crore in unaccounted cash transactions linked to the Tamil Nadu State Marketing Corporation (TASMAC), alleging manipulation of tenders and financial fraud.
  • Evidence points to collusion between distillery companies, bottling entities, and TASMAC officials to inflate expenses, fabricate purchases, and secure undue favors in supply orders.
  • The ED's investigation revealed irregularities in bar license and transport tenders, including instances where tenders were awarded to applicants without proper documentation or competitive bidding.
  • Opposition parties AIADMK and BJP have called for the resignation of the DMK government, accusing Chief Minister MK Stalin of failing to address corruption and demanding transparency on the ED's findings.
  • DMK officials, including Excise Minister Senthil Balaji, have dismissed the allegations as baseless, asserting that TASMAC operations are conducted transparently and denying any wrongdoing.