Naik was booked by the Enforcement Directorate in 2016 based on a National Investigation Agency FIR that was registered under the Unlawful Activities Prevention Act.
The Enforcement Directorate has filed its first charge sheet in connection with its money laundering probe against Chinese smartphone maker Vivo-India and some others, official sources said on Thursday. The prosecution complaint was filed before the court of Special Judge Kiran Gupta in New Delhi on Wednesday under the criminal sections of the Prevention of Money Laundering Act and Vivo-India has been named an accused apart from those arrested in this case, the sources told PTI. The judge posted the matter for consideration on December 13.
While officials of the National Investigation Agency are finding it hard to extract any information from Yasin Bhatkal, the wily chief of terror outfit Indian Mujahideen, his aide Asaddulah Akthar is singing like a canary.
The operations revealed evidence of price and volume manipulation of stocks through the use of platforms like YouTube and WhatsApp.
