Dominic Xavier wonders what the end game in the NCB's starstruck probe will be.
Earlier, in September, authorities seized around 3,000 kg of the drug at the Mundra port in Gujarat's Kutch district.
ED and Directorate of Revenue Intelligence have detected a significant increase in the outflow of Indian money, specifically into four countries --Thailand, Dubai, Singapore and Hong Kong.
Shelar also claimed that the MVA govt was obstructing the Centre's strong actions to tackle the drug menace in the country.
The consignment was imported by a trading company registered in Vijaywada in Andhra Pradesh.
The modus operandi highlighted by CBI says that while the corporate strikes a deal for imports with a company in one country, the billing is done at inflated prices in other country by the group's front company.
Rahat had reportedly told his interrogators that Event Manager Chitresh had allegedly handed over money to him at the airport before boarding the Emirates Delhi-Lahore-Dubai flight.
The singer was detained at New Delhi Indira Gandhi International airport on Sunday by the Directorate of Revenue Intelligence officials after he and two of his troupe members were caught allegedly carrying $1.24 lakh (about Rs 60 lakh) in undeclared foreign currency.
Markets regulator Sebi and the Directorate of Revenue Intelligence (DRI) are probing some Adani Group companies for alleged non-compliance with rules, the government told Lok Sabha on Monday. Minister of State for Finance Pankaj Chaudhary in a written reply to a question said accounts of three of the six Mauritius-based funds, that have invested most of their money in Adani Group firms, were frozen in 2016 over the issuance of Global Depository Receipt (GDR) by certain listed firms. No freeze was ordered for their holding in other firms.
'Harassment' is the objective, not detention.
The income tax department will share PAN and bank account details of any entity with 10 investigative and intelligence agencies, including the CBI and NIA, under the integrated counter-terrorism platform NATGRID, according to an official order.
'Once you are in their system, they finish you with the never-ending processes.' 'Once your family member is arrested, you are just running between lawyers, courts and the jail.' 'The process to prove that you are innocent drains you to such an extent that you are finished.'
A senior CBI official said Adani group is alleged to have 'over-invoiced' its loans to the tune of Rs 2,300 crore (Rs 23 billion) between 2011 and 2013.
On a tip-off, the DRI officers intercepted the passenger who had arrived from Singapore on Friday.
Besides Aryan Khan, the arrested accused are identified as Munmun Dhamecha, Arbaaz Merchant, Ismeet Singh, Mohak Jaswal, Gomit Chopra, Nupur Sarika, and Vikrant Chhokar.
The proposed measures aim to bring stricter norms to curb holding of illegal cash and mismanagement of unaccounted cash seized by the probe agencies during investigations.
Over 60 kg of gold "concealed and smuggled" by several passengers on three flights coming from Singapore and Malaysia was seized at the Visakhapatnam airport by the directorate of revenue intelligence, officials said on Monday.
Customs sleuths will be posted in London, Hong Kong, Dubai and Brussels in an effort to check trade-based money-laundering among others.
The Financial Intelligence Unit (FIU), the federal economic snoop agency under the Union finance ministry, sent 289 legal requests to its counterparts across the globe during 2018-19 as compared to 177 in 2017-18 and 138 in 2016-17.
A rise in import duty could be a reason for increase in illegal consignments, say experts.
DRI seized contraband worth Rs 504.39 crore.
Last month, the DRI had claimed to have busted over Rs 1,000 crore hawala racket in Punjab.
To capitalise on the proposed changes in the Budget and the information on black money available with the government, the government is revitalising the economic intelligence council (EIC) headed by finance minister Pranab Mukherjee.
Five persons, including a defence ministry staff and a constable of the Directorate of Revenue Intelligence, were arrested for allegedly molesting a woman and trying to forcibly take her in their car on Sunday, police said on Wednesday.
A staffer associated with the military intelligence unit has been caught in a joint operation by the army and directorate of revenue intelligence officials for allegedly stealing and trying to pass on classified information to Pakistan's spy agency Inter-Services Intelligence.
A shocking revelation that banking giants HSBC and Standard Chartered are suspected to have laundered money for drug cartels has prompted an in-depth inquiry by Indian investigation agencies.
The revelation against HSBC has woken up the Indian agencies who have now put its India employees under the scanner. The Revenue Intelligence wing and also the Reserve Bank of India will probe some rogue elements in the bank who could have possibly facilitated this offence which helped drug lords and terrorist groups park money by hoodwinking the security agencies.
Intelligence agencies have seized fake Indian currency notes of over Rs two crore face value during 2011-12, the highest seizure in past three years, with Delhi accounting for a major chunk.
Sitharaman also directed public sector bank heads to clear long pending vigilance cases against their officials for alleged malpractices.
CEC Sunil Arora will meet former heads of Central Board of Direct Taxes and Central Board of Indirect Taxes and Customs on Friday to discuss ways to keep a check on black money disbursements in South India, especially Tamil Nadu.
The Directorate of Revenue Intelligence on Saturday slapped the charges of Foreign Exchange Management Act and Customs Act violation against Pakistani Sufi Singer Rahat Fateh Ali Khan and his manager Maroof in connection with recovery of huge undeclared foreign currency from them at the New Delhi airport.
Armed with his contract papers, Pakistani singer Rahat Fateh Ali Khan, appeared at the office of Directorate of Revenue Intelligence as directed. The singer was accompanied by his aide Maroof and his Indian agent Chitresh Srivastav.
Pakistani singer Rahat Fateh Ali Khan and two of his troupe members were released on Monday evening pending investigations into recovery of foreign exchange case.
Officials say that such a list, to be updated on a real-time basis, will serve as a ready reckoner in identifying those committing multiple economic offences
Senior Congress leader Kishore Chandra Deo, who headed a parliamentary panel that probed the 2008 'cash-for-votes' scam allegedly involving some members of the Lok Sabha, on Thursday said there cannot be any inquiry on the basis of "so-called" cable leak as its authenticity has to be verified
Pakistani sufi singer Rahat Fateh Ali Khan was questioned on Friday by the Directorate of Revenue Intelligence officials for allegedly carrying $ 1.24 lakh (about Rs 60 lakh) of undeclared foreign currency.
Official sources said the ED will focus on the event managers and will also issue summons to them under the Foreign Exchange Management Act (FEMA) to explain how they got the foreign exchange that was paid to the singer.
A senior DRI official, under condition of anonymity, told rediff.com that there was severe diplomatic pressure for the singer's release.
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