The Enforcement Directorate (ED) has filed a Prosecution Complaint or chargesheet against Karnataka’s Karwar MLA Satish Krishna Sail in connection with the export of seized iron ore, which caused a loss of Rs 44.09 crore to the government exchequer.

In the chargesheet, filed before the special Prevention of Money Laundering Act (PMLA) court in Bengaluru, the agency has also named Shree Mallikarjun Shipping Pvt Ltd.

ED files money laundering chargesheet against Karwar MLA Satish Krishna Sail in Rs 44.09 crore iron ore export case, the managing director of Shree Mallikarjun Shipping Pvt Ltd, is accused of entering into a criminal conspiracy with other accused persons and illegally purchasing the seized iron ore stacked at the premises of Belekeri port, disregarding the orders of the Karnat

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