Jet Airways founder Naresh Goyal and few others have been booked by the Enforcement Directorate in a money laundering case even as the agency is conducting searches at his premises, officials said on Thursday. They said a criminal case against the former chairman of the airlines has been filed under the Prevention of Money Laundering Act after taking cognisance of a recent Mumbai Police FIR filed against him.
The Enforcement Directorate conducted searches at multiple locations in Mumbai and Hyderabad as part of an investigation against Reliance Power Ltd., a group company of Anil Ambani, concerning alleged money laundering and financial irregularities.
Wankhede, a 2008-batch Indian Revenue Service (IRS) officer of the Customs and Indirect Taxes cadre, has moved the Bombay High Court seeking protection from any coercive action by the anti-money laundering agency.
The Enforcement Directorate (ED) has arrested self-styled godman Ashok Kharat, accusing him of systematic extortion and money laundering through a network of bank accounts. Kharat allegedly rotated over Rs 47 crore of ill-gotten money through 60 bank accounts, deceiving devotees by claiming divine powers.
The SC said it will not interfere with the Bombay HC order but Malik can avail the remedy available under the law.
The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.
The Enforcement Directorate has summoned several farmers in Jaipur as part of an investigation into alleged money laundering and fraudulent land aggregation involving real estate developers.
Vadra's anticipatory bail application is likely to be heard by the court on Saturday.
A Delhi court has taken cognisance of an Enforcement Directorate chargesheet against Robert Vadra in a money laundering case linked to a land deal in Haryana's Shikohpur, summoning him to appear in court on May 16.
The Enforcement Directorate (ED) has attached assets worth Rs 11.14 crore of former cricketers Suresh Raina and Shikhar Dhawan as part of a money-laundering probe linked to the operations of an alleged illegal betting site, official sources said on Thursday.
In further trouble for the chit fund scam-hit Saradha group of Kolkata, the Enforcement Directorate has registered a money laundering case to probe the allegations of financial irregularities by numerous depositors against it.
Probes come after independent journalist accuses ICICI, HDFC, Axis Bank and cites video recordings collected by him as evidence.
With the Financial Intelligence Unit deciding to probe three major banks for alleged money laundering, it is interesting to note that the same agency also conducted a probe in the HSBC money laundering case.
The officials said her statement was also recorded under the Prevention of Money Laundering Act.
The Congress party in Maharashtra has accused senior police officials, including an IPS officer, of involvement in a multi-crore bogus call centre racket and is demanding a high-level investigation.
Chaudhari was released from Arthur Road Jail in central Mumbai after completion of formalities, including furnishing of a cash bail of Rs 1 lakh, his lawyer Mohan Tekavde said.
Police in Surat are investigating an alleged interstate hawala-linked political funding network involving Aam Aadmi Party (AAP) functionaries, with Rs 1.25 crore reportedly routed from Delhi to Surat ahead of Gujarat local body polls. The AAP has dismissed the claims as a conspiracy by the ruling BJP.
The Enforcement Directorate on Thursday arrested Aam Aadmi Party leader and former deputy chief minister Manish Sisodia on money laundering charges in connection with alleged irregularities in the Delhi excise policy, official sources said.
The ED summons have come close on the heels of filing of a chargesheet by the CBI against Singh, his wife and others for allegedly amassing assets worth around Rs 10 crore disproportionate to their known sources of income.
The ED has now seized the property, agency sources said.
The Supreme Court questioned the West Bengal government regarding its objection to the maintainability of the Enforcement Directorate's plea concerning alleged obstruction by Chief Minister Mamata Banerjee during a raid, focusing on the fundamental rights of ED officers.
The Delhi High Court has declined to grant interim relief to Gurugram-based Experion Developers Private Limited, who sought to quash an FIR registered against them by the Economic Offences Wing of Delhi Police on charges of fraud.
CBI sources said the agency had sought time from the minister's wife.
The Enforcement Directorate (ED) in India reported a decrease in arrests related to money laundering cases during the last financial year, but the value of assets attached reached a record high. The agency attributed the changes to more targeted investigations and increased efficiency in asset recovery.
The agency had earlier questioned actor Jacqueline Fernandes in this case. She is expected to depose again before the agency on Thursday.
Sameer Bhujbal was arrested after over six hours of questioning under the provision of the Prevention of Money Laundering Act at the agency's office in Ballard Tiar here. He will be produced in court on Tuesday, official sources said.
Issuing notice to the ED on the plea filed by the Tamil Nadu government and Tamil Nadu State Marketing Corporation (TASMAC), a bench comprising Chief Justice B R Gavai and Justice Augustine George Masih told Additional Solicitor General S V Raju, appearing for the anti-money laundering probe agency, that "Your ED is crossing all the limits."
Lalu's daughter was grilled by the ED on Tuesday for about eight hours.
The Delhi high court on Wednesday dismissed a bail plea by Avantha Group promoter Gautam Thapar in a Rs 500-crore money laundering case lodged by the Enforcement Directorate (ED). Justice Manoj Kumar Ohri denied the relief to Thapar, who was arrested under the Prevention of Money Laundering Act (PMLA) on August 3, 2021, after the agency carried out raids against him and his linked businesses in Delhi and Mumbai. The detailed order of the high court is awaited.
The Enforcement Directorate on Tuesday arrested Financial Technologies India Limited founder Jignesh Shah in connection with its probe into the Rs 5,600-crore National Spot Exchange Limited money laundering scam.
Police in Gujarat's Panchmahal district are investigating an Aam Aadmi Party candidate and two party workers for alleged hawala transactions involving over Rs 50 lakh ahead of local body polls.
The Enforcement Directorate (ED) reported a decrease in arrests related to money laundering cases but a significant increase in asset seizures during the last financial year. The agency also saw a rise in searches and chargesheets filed.
The Enforcement Directorate has launched a money laundering investigation into the alleged embezzlement of 590 crore from Haryana government accounts held with IDFC First Bank, conducting searches across multiple locations.
The ED, early this year, also attached assets worth Rs 78 crore "in possession of" Chanda Kochhar, Deepak Kochhar and the companies owned and controlled by him.
The Enforcement Directorate has registered a money laundering case in connection with the narcotics haul in Punjab from the house of alleged NRI drug dealer Anoop Singh Kahlon.
The criminal case was registered by the Mumbai zonal office of the agency after it got reports in this regard from the Sebi.
A Delhi court has remanded former senior executives of Reliance Anil Ambani Group (RAAG) to five days of ED custody in connection with an alleged bank loan fraud-linked money laundering case.
The Enforcement Directorate, probing money laundering charges against Himachal Pradesh Chief Minister Virbhadra Singh and his family members, on Tuesday recorded the statement of his wife Pratibha Singh
In a first, the Enforcement Directorate on Tuesday registered a money laundering case against ten people, including chief of banned militant outfit Hizbul Mujahideen Syed Salahuddin, for alleged cross-border funding of terror activities in the country.
Enforcement Directorate has issued summons to Himachal Pradesh Chief Minister Virbhadra Singh in connection with its probe against him and his associates for alleged money laundering.
