ED Links Film Producer Akash Baskaran to Tasmac Money Laundering Scam
December 11, 2025
The Enforcement Directorate (ED) told the Madras High Court on Thursday that film producer Akash Baskaran and his friend Vikram Ravindran are linked to money laundering in the Tasmac scam. This evidence came from information found on Tamil Nadu State Marketing Corporation (Tasmac) Managing Director S. Visakan’s mobile phone.
ED Special Public Prosecutor N. Ramesh said the agency carried out a search and seizure at Tasmac headquarters in Chennai in March 2025. They recovered key details on the crime from electronic devices. Following this, ED officials searched Akash Baskaran’s Chennai home and seized more materials.
However, after Baskaran filed a writ petition, a Division Bench of the High Court issued an interim order in his favor. Because of this, the seized items were returned and further actions against him stopped.
Mr. Ramesh said an Assistant Director of ED then sent a summon from the Adjudicating Authority under the Prevention of Money Laundering Act to Baskaran, despite the court order. This led to contempt proceedings. ED also paused all actions in the Tasmac money laundering case following a Supreme Court interim order.
The court noted the Supreme Court is handling a related matter. It postponed Akash Baskaran’s writ petition until the fourth week of January 2026.
Meanwhile, the court dismissed two writ petitions by Baskaran’s friend relating to the search and seizure of his residence and office, after ED said the authorization was withdrawn. Mr. Ramesh explained the ED found the premises locked during their search. They placed notices warning others not to enter without permission. After interim orders from the bench, the notices were removed and the search authorization cancelled.
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Tags:
Tasmac Scam
Money laundering
Akash Baskaran
Ed investigation
Tamil nadu
Madras high court
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