Overview
- The DVAC registered an FIR against V. Senthil Balaji as the prime accused and six others, including former TASMAC managers and several companies, alleging large-scale irregularities in TASMAC operations between 2021 and 2025.
- Investigators have invoked criminal conspiracy, criminal breach of trust, cheating, destruction of evidence and offences under the Prevention of Corruption Act in the FIR.
- Two associates from Karur identified as Mulanoor Karthik and Ramesh were arrested by the DVAC and remanded to judicial custody in connection with the case.
- The agency carried out large-scale raids at dozens of locations linked to the probe and has said it is seeking to question former TASMAC officials named in the FIR, one of whom has reportedly gone incommunicado.
- Senthil Balaji obtained anticipatory bail from the Supreme Court after the Madras High Court denied his plea and he is expected to face further questioning and legal proceedings as the probe continues.