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Manx link with Indian mining scandal

Two high-profile Indian businessmen and politicians have been arrested over allegations they illegally exported iron ore and stashed money away in the Isle of Man.

Former Karnataka tourism minister Janardhan Reddy and his brother-in-law Srinivasa Reddy have been remanded into judicial custody in Hyderabad.

The country's Central Bureau of Investigation says they will face charges of cheating, criminal conspiracy, illegally mining, transporting iron ore and damaging a forest.

They are alleged to have made almost £30 million illegally and the money trail has led the authorities to accounts in the British Virgin Islands and the Isle of Man.


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