Five-time DMK MP and former Union Minister S Jagathrakshagan faces a Rs. 908 crore penalty in a case of violation of foreign exchange rules. The Enforcement Directorate (ED) has said that following an investigation against Mr Jagathrakshagan, properties worth Rs. 89 crore were seized and a penalty of Rs. 908 crore levied.
The 76-year-old DMK leader is an MP from Arakkonam in Tamil Nadu and owns a chain of colleges and hospitals.
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