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Two flats successful Chennai belonging to the promoter of Sresan Pharmaceuticals, the shaper of Coldrif cough syrup linked to the decease of astatine slightest 20 children successful Madhya Pradesh, person been attached nether the anti-money laundering law, the Enforcement Directorate (ED) said connected Wednesday (December 3, 2025).
The assets, located astatine Kodambakkam successful Tamil Nadu's superior city, are owned by G. Ranganathan and his household members, it said successful a statement.
The worth of the flats is ₹2.04 crore, the connection said. Mr. Ranganathan was arrested by Madhya Pradesh Police successful October.
The bureau alleged Sresan Pharma indulged successful "rampant unfair commercialized practices to suppress its manufacturing costs and summation profits which are thing but proceeds of transgression (under the Prevention of Money Laundering Act)". A probe recovered that the shaper utilized industry-grade earthy materials successful the manufacturing of medicines alternatively of pharma-grade earthy materials "without" due prime checks.
"Such materials were being purchased successful currency without invoices to debar instauration of records," the ED said.
Though the officials of the Tamil Nadu Drugs Control Department were successful predominant interaction with the proprietor of Sresan Pharma, the yearly inspections mandated arsenic per the Drug and Cosmetic Rules, were "not" conducted, it claimed.
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The ED booked a wealth laundering lawsuit against the accused taking cognisance of 2 FIRs, 1 filed by the Madhya Pradesh Police and different by the Tamil Nadu Police.
The M.P. Police ailment alleged that Coldrif contained toxic glycol compounds and caused aggregate incidents of acute renal nonaccomplishment successful children starring to the decease of astatine slightest 20 children successful the State.
Laboratory findings confirmed the beingness of "high" concentrations of Diethylene Glycol (DEG) and Ethylene Glycol (EG), acold beyond the harmless limit, according to the constabulary FIR.
"The negligent and adulterated manufacturing practices adopted by Sresan Pharma shaper led to the poisoning of the cough syrup," arsenic per the ED which quoted the constabulary FIR.
The 2nd ailment which the ED took cognisance of was filed by the Tamil Nadu Directorate of Vigilance and Anti-Corruption (DVAC) against P U Karthikeyan, Director In-Charge of the TNFDA (Tamil Nadu Food and Drug Administration) successful an alleged bribery case. Mr. Karthikeyan was arrested by the DVAC successful July.
The States suspended the 2 cause inspectors respectively, the FDA Deputy Director of M.P. and Tamil Nadu besides ordered the closure of the accused pharma institution aft the deaths.
