ED questions Goa miner Timblo's son in money laundering case

Enforcement Directorate (ED) on Friday questioned Goa-based miner Radha Timblo's son Chetan in connection with a money laundering probe against him and his mining firm.

PTI| Updated: Nov 28, 2014, 22:10 PM IST

Panaji: Enforcement Directorate (ED) on Friday questioned Goa-based miner Radha Timblo's son Chetan in connection with a money laundering probe against him and his mining firm.

Radha Timblo's name had figured in the blackmoney list submitted by the government in the Supreme Court recently.

"Chetan Timblo was grilled by the investigating officer of the case for over seven hours at the ED office here. His statement has been recorded," agency sources said.

They said the investigating officer of the case has asked Chetan to submit additional documents related to his personal and professional financial dealings and has been summoned again in the case on December 17.

The central probe agency had earlier questioned Radha Timblo in the same case and sought details about her and her mining company-- Timblo Private Limited.

The firm and its directors are being probed by ED, along with other mining firms based in Goa, after it registered a criminal case in the Rs 35,000-crore Goa illegal mining scam which was earlier investigated by the Justice M B Shah Commission for alleged large-scale irregularities.

Radha Timblo's name came to the fore after the central government submitted a list in the Supreme Court last month mentioning the name of the firm and its directors including Radha Satish Timblo, Chetan S Timblo, Rohan S Timblo, Anna C Timblo and Mallika R Timblo.

Timblo had maintained she had "no undisclosed bank account abroad" and that she has not done anything illegal.

The agency had, in June this year, registered a complaint under Prevention of Money Laundering Act (PMLA) after taking cognisance of the reports of the Commission, the inquiry boards constituted in this regard and also an FIR filed by Goa police's Crime Branch last year in August.

Close to 80 firms allegedly involved in mining in the state have been named in ED's FIR.

The Shah Commission has estimated that the scam was worth Rs 35,000 crore. It had submitted its report in 2012, two years after it was constituted.