Granit tycoon Palanichamy suspected of fraud
One of the big Indian granite producers and exporters, PRP Granites and PRP Exports, is involved in a gigantic fraud scandal surrounding illegal granite mining. In the course of detecting and investigating the fraud, the owner of PRP Granite, Mr. P. Palanichamy, was remanded, his home was searched, and granite mining licenses were suspended. Meanwhile, the wife of Mr. Palanichamy, two sons, a daughter and a daughter-in-law are under suspicion of fraud.
Mr. P. Palanichamy is one of thirteen lifetime members of the powerful Indian Monument Manufacturers Association (IMMA) Indian Tomb Association.