PANAJI: Former director of the Timblo mining firm Radha Timblo has been summoned by the Enforcement Directorate, which is probing money laundering case in the alleged multi-crore Goa illegal mining scam.
Sources said the summons was issued on Wednesday asking her to appear before the investigating officer on November 18, 2014.
Radha Timblo and the mining firm Timblo Pvt Ltd have been mentioned in the affidavit filed by the centre government in the Supreme Court for allegedly stashing black money in foreign banks.
Incidentally Timblo Pvt Ltd was penalised
` 2.81 crore by the RBI in 2013 for allegedly under invoicing the iron ore exports by ` 20.34 crore.
The sources said that investigation by the ED had revealed that during the period from March 2006 to 2008 the mining firm was allegedly involved in under invoicing ore exports.
The firm had approached the RBI for compounding the violations after the ED issued show-cause notice for adjudication.
The RBI had also penalised Radha Timblo and Chetan Timblo ` 28.10 lakh each for acquisition of foreign currency and retaining the same outside India without taking permission from the RBI, and for also opening and operating banks accounts without RBI’s permission.
Apart from the money laundering case, the ED will also inquire into the other details pertaining to the Timblo mining firm from 2008 till the period of suspension of mining activities in the state, the sources said. Last month, the ED had issued summons to former director of mines Arvind Lolienkar and 16 mining companies in connection with the money laundering case.
The companies to which summons were issued are Jain Udyog, Goa Ispat, Mangal Iron Ore, Mandovi Pellets, Chowgule and Company, Kamdhenu Ispat, Magnum Mineral, Agri Gold Exims, MMTC, K B Steel, Omega Natural Resources, Sunrise Electromelt, Frost International, Bharat Mines and Minerals, Canara Overseas and Bagadiya Brothers.
The ED in June this year had registered money laundering case against government officials, mining companies and entities identified and mentioned in the reports of central empowered committee appointed by the Supreme Court, Justice Shah Commission and the public accounts committee of Goa.
At least 80 companies involved in mining in the state have been named in the Enforcement case information report filed by the agency, the sources said.