The Supreme Court of India has quashed criminal proceedings against Standard Chartered Bank and one of its officers in a 1991-92 Foreign Exchange Regulation Act (FERA) case, citing an extraordinary 23-year delay in prosecution and the Enforcement Directorate's failure to comply with mandatory procedural safeguards.
The Enforcement Directorate has attached assets worth approximately Rs 112.90 crore, including a residential property in Texas, USA, in a money-laundering case. The case involves a Noida-based air-conditioner components manufacturer, LEEL Electricals Limited, and its promoters, accused of defrauding a consortium of banks led by SBI of Rs 376 crore through manipulated financial statements and siphoning off funds.
Former IPL chairman Lalit Modi has been cleared in most of the Enforcement Directorate's findings and penalties in the 2009 IPL South Africa FEMA case by an appellate tribunal. This verdict ends a 16-year legal battle, prompting Modi to announce his plans to return to India by late this year or early next year.
The Enforcement Directorate (ED) has conducted searches against the Vedanta Group as part of a Foreign Exchange Management Act (FEMA) probe, officials said on Tuesday. The action was launched against the mining conglomerate on Monday, initiated after the central agency began investigating the Anil Agarwal-promoted company.
Former Jharkhand Chief Minister Madhu Koda and his associates, facing charges of money laundering, have been summoned by the Enforcement Directorate for questioning on alleged hawala transactions and investments.
Hampton Sky Realty Limited, formerly directed by Punjab minister Sanjeev Arora, has issued a statement asserting its innocence and cooperation with authorities following the arrest of Arora in connection with a money laundering probe.
The Enforcement Directorate has arrested the promoter of a Noida-based realty company in a money laundering case linked to alleged duping of home buyers.
The Enforcement Directorate has successfully auctioned a seized Hawker 800A aircraft for Rs 3 crore. This action is part of an ongoing money laundering investigation into a Hyderabad-based company, Capital Protection Force Pvt. Ltd., accused of defrauding investors of Rs 792 crore through a Ponzi scheme. The proceeds from the auction will be used for restitution to genuine investors.
The Enforcement Directorate has arrested a former Andhra Pradesh State Beverages Corporation Ltd. official and a "prime accused" in connection with a fresh money laundering case related to an alleged Rs 195-crore liquor transport scam. Raids were conducted at multiple premises, including those linked to a former minister.
The Enforcement Directorate has arrested a former Andhra Pradesh State Beverages Corporation Ltd. official and a "prime accused" in connection with a fresh money laundering case related to an alleged Rs 195-crore liquor transport scam. Raids were conducted at multiple premises, including those linked to a former minister.
Senior Trinamool Congress MLA Madan Mitra has joined the rebel faction led by Ritabrata Banerjee, resigning from all organisational posts under Mamata Banerjee's leadership while maintaining his Trinamool MLA status. This move significantly bolsters the rebel camp and intensifies the power struggle within the party, coming amidst a municipal recruitment scam investigation involving Mitra's family.
The Enforcement Directorate has issued a fresh summons to Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, for questioning on June 17 in a money laundering case involving Cochin Minerals and Rutile Ltd (CMRL). The probe focuses on alleged payments of Rs 2.78 crore from CMRL to Veena's IT firm, Exalogic Solutions, without services rendered, and loans from an associated company.
The Enforcement Directorate conducted searches in Kolkata as part of an investigation into alleged fund routing from TMC's bank accounts for purchasing an Embraer jet and an AgustaWestland helicopter. The probe suggests Rs 160 crore was transferred to Carewell Aviation, with Rs 112 crore used for aircraft. The ED suspects the arrangement was designed to camouflage the true purpose of transactions. This comes amidst frozen TMC bank accounts and ongoing internal party disputes.
The Enforcement Directorate (ED) seized gold worth nearly Rs 4 crore and recovered a 'suspicious diary' during searches at the residence of arrested businessman Jay S Kamdar in Kolkata.
Kerala Police have arrested eight people in connection with the violent attack on Enforcement Directorate officials who raided the residence of former Chief Minister Pinarayi Vijayan. The investigation is ongoing, and more individuals involved in the violence have been identified.
The Enforcement Directorate has summoned the two sons of Karnataka Congress MLA N A Haris for questioning in a crypto currency-linked money laundering case. The case involves hacking websites, stealing bitcoins, and selling virtual digital assets, with the Nalapad brothers previously denying wrongdoing and alleging political vendetta.
The Enforcement Directorate arrested former West Bengal minister Sujit Bose in connection with a money laundering case linked to an alleged municipality recruitment scam.
Enforcement Directorate on Friday recorded the statement of jailed YSR Congress chief Jaganmohan Reddy in Chanchalguda prison, where he is lodged currently.
The Bihar government has suspended two senior IAS officers, Yogesh Kumar Sagar and Abhilasha Kumari Sharma, following corruption charges based on findings shared by the Enforcement Directorate (ED) and the Special Vigilance Unit (SVU). The officers are accused of obtaining undue monetary benefits through bribery and commissions.
The Enforcement Directorate (ED) has arrested four promoters of Earth Infrastructures Ltd in connection with a money laundering probe into an alleged Rs 2,004-crore homebuyer fraud that affected more than 19,000 buyers and investors.
The Enforcement Directorate has attached assets worth Rs 634 crore of a Unitech Group realty project in Noida as part of a money laundering investigation linked to alleged fraud with homebuyers.
The Enforcement Directorate (ED) has arrested Biswajit Poddar, also known as Sona Pappu, on charges of land grabbing and extortion. This arrest follows the detention of a senior Kolkata Police officer in connection with the same case.
The Enforcement Directorate (ED) has arrested a real estate businessman in connection with the alleged embezzlement of Rs 645 crore from bank accounts linked to the Haryana government, Chandigarh administration, and private schools.
Bollywood actor Jacqueline Fernandez has withdrawn her plea from the Supreme Court, challenging a Delhi court's order to frame charges against her in a Rs 200 crore money laundering case.
Former Jharkhand minister Alamgir Alam was released from jail after the Supreme Court granted him bail in a money laundering case linked to a tender scam.
The Enforcement Directorate has arrested Jai Prakash Gandhi in connection with an alleged land acquisition compensation fraud amounting to Rs 9.27 crore related to the Bharatmala highway project in Chhattisgarh. Gandhi is accused of illegally acquiring land and fragmenting it to claim inflated compensation from NHAI.
The Enforcement Directorate has arrested Jai Prakash Gandhi in connection with an alleged land acquisition compensation fraud amounting to Rs 9.27 crore related to the Bharatmala highway project in Chhattisgarh. Gandhi is accused of illegally acquiring land and fragmenting it to claim inflated compensation from NHAI.
The Maharashtra Highway Traffic Police have launched a six-month camera-based speed enforcement pilot project on the Mumbai-Nashik highway to curb over-speeding and improve road safety.
A Delhi court has ordered the framing of charges against actress Jacqueline Fernandez, Sukesh Chandrashekhar, and 15 others in connection with a Rs 200-crore money laundering case.
The investigation pertains to alleged irregularities in CMRL's financial transactions and its links with Veena's now-defunct company Exalogic Solutions Private Limited.
The Enforcement Directorate has arrested a real estate businessman in a money laundering investigation linked to submission of alleged fake consent letters for obtaining Change of Land Use (CLU) from the Punjab government.
Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan, appeared before the Enforcement Directorate in Kochi for questioning regarding a money laundering case involving her defunct IT firm, Exalogic Solutions Private Ltd, and mining company CMRL. The probe focuses on alleged payments made without services and loans extended despite repayment failures, leading to accusations of generating "proceeds of crime."
The Enforcement Directorate conducted fresh searches at multiple premises in West Bengal as part of a money laundering probe linked to arrested Kolkata Police officer Shantanu Sinha Biswas and an alleged criminal Biswajit Poddar alias Sona Pappu.
The Enforcement Directorate (ED) is set to appeal the Delhi High Court's decision to quash a money laundering case against news portal NewsClick and its editor-in-chief Prabir Purkayastha, arguing that the High Court 'overlooked or left unaddressed' critical contentions regarding alleged FDI rule violations and false representations to authorities.
The Calcutta High Court has ordered a status quo on the demolition of TMC MP Abhishek Banerjee's constituency office in South 24 Parganas. The court's directive prevents further demolition until a new hearing or the end of July, following a petition by Leaps and Bounds Private Limited, a company Banerjee is CEO of. The district administration had initiated demolition citing alleged construction without an approved plan.
The Kerala High Court has admitted an appeal by CMRL against a single-judge verdict allowing the ED to continue its money laundering investigation into the company's dealings with Veena T, daughter of former Kerala Chief Minister Pinarayi Vijayan.
The Calcutta High Court has instructed the Enforcement Directorate to submit a report regarding its investigation into the arrest of TMC leader and former West Bengal minister Sujit Bose, who was apprehended in connection with a money laundering probe related to an alleged municipality recruitment scam.
BJP leader V Muraleedharan dismisses claims that Prime Minister Narendra Modi would strike a deal with the Congress to target the CPI(M), stating Modi has 'better things to do'. He also questioned Kerala CM Pinarayi Vijayan's concern over ED raids if he has done nothing wrong.
The Enforcement Directorate (ED) arrested Punjab industries minister Sanjeev Arora in a new money laundering case following raids at his residence and other locations.
Salman is still facing trial in the hit-and-run case.
