SC refuses to interfere with ED proceedings in money-laundering case linked to JSW
SC refused to interfere with ED proceedings against JSW Steel and its officers in connection with the alleged money-laundering case arising out of illegal mining "scam". The scam was conducted by Obulapuram Mining Company (OMC), owned by ex-Minister G Janardhana Reddy. JSW's name is involved in the case as it won a ₹33.80-crore arbitral award from OMC's "proceeds of crime".