The MHA said all the "glossy statements" about humanitarian work and speaking truth to power are nothing but a "ploy to divert attention" from their activities which were in clear contravention of laid down Indian laws.
The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.
The raids resulted in recovery of documents of some dummy firms linked to Mallya like Gold Reef Investments Ltd and McDowell Holdings Ltd.
Banks will also have to seek borrower's status report from Central Economic Intelligence Bureau on the account turning NPA
"You cannot play hide and seek with the court," Justice Suresh Kait said.
Enforcement Directorate on Friday recorded the statement of jailed YSR Congress chief Jaganmohan Reddy in Chanchalguda prison, where he is lodged currently.
The disclosures will enjoy immunity from wealth tax, civil and other taxation laws but there will be no immunity from FEMA, PMLA, narcotics and black money laws.
The agency's latest action, under Prevention of Money Laundering laws, had been taken against the borrower company and its two group companies, which owe the investors Rs 922 crore (Rs 9.22 billion), sources said.
The ED had filed the first chargesheet in the case against Chidambaram's son Karti; later, a supplementary chargesheet was also filed against him.
Official is accused of taking a bribe of Rs 2 cr to issue order in an appeal favouring Balaji Trust
According to an ED official, the arrest of the former Public Works Department minister was affected under the provisions of the Prevention of Money Laundering Act after he allegedly refused to cooperate during the questioning.
Congress leaders have hit out at the BJP governments at the Centre and in Karnataka, questioning its timing.
The businessman has been grilled in this case four times in the past, the last being February 20.
The Enforcement Directorate on Saturday questioned Kalaignar TV MD Sharad Kumar in connection with its probe into his role in the alleged financial irregularities in the 2G spectrum allocation case.
The chargesheet said according to the 'budget sheet, 30 million were paid to Air Force officers.
The NSEL scam, involving Rs 5,600 crore, came to light after the now defunct exchange, promoted by Financial Technologies, failed to pay its investors.
According to a complaint from Bank of Baroda, the conspirators allegedly cheated a consortium of bank loans of Rs 3,695 crore. The scam was earlier estimated at around Rs 800 crore.
It is understood that Vijay Mallya left the country for UK on March 2 using a diplomatic passport issued to him by virtue of him being a sitting Rajya Sabha Member of Parliament.
The government has initiated the process to safeguard buyers from online frauds.
In the first such case, four traders engaged in business across the Line of Control in Jammu and Kashmir have been booked by Enforcement Directorate in connection with alleged hawala racket for Lashkar-e-Tayiba terror outfit.
Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks
The ED had conducted searches on at least nine premises, including properties and offices, belonging to the senior Bhujbal, Pankaj, nephew Samir and few others.
The Directorate, which is probing charges of huge illegal investments and hawala transactions against Koda and his associates, got an approval order from the adjudicating authority under the Prevention of Money Laundering (PMLA) Act in New Delhi.
The probe agency had earlier attached a Delhi farmhouse in connection with its money laundering probe against Bharti and her husband, Shailesh Kumar.
The bench also said there was merit in ED's contention that while the "driving force behind the companies" (Modi) was not submitting to the agency's jurisdiction, his companies cannot be given any discretionary relief.
The court took note of Michel's submission alleging mental torture inside the jail and directed Tihar jail authorities to produce the CCTV footage and reports by Thursday based on which he was shifted to a high-security ward.
Initiating one of its biggest criminal actions in a money laundering case, the Enforcement Directorate on Wednesday attached assets worth Rs 863 crore of YSR Congress leader Jaganmohan Reddy and his associates in connection with its probe into alleged corruption in an infrastructure project in Andhra Pradesh.
Mallya said, the ED on the one side and the banks on the other are fighting over the same assets.
The Enforcement Directorate in October last year had filed the complaint against Raju and 212 others, including 166 companies, before the XXI Additional Chief Metropolitan Magistrate Court cum Special Sessions Judge here for allegedly laundering funds under a 'corporate veil' to perpetrate the accounting scam that rocked the business world in 2009.
The Reserve Bank of India (RBI) is likely to soon notify that the information about an individual captured in 'Aaadhar', issued by the Unique Identification Authority of India (UIDAI), would be sufficient to fulfill the KYC (know your customer) norms for all financial products.
The Enforcement Directorate moved a special court in Mumbai on Monday seeking issuance of a non-bailable warrant (NBW) against former Indian Premier League chief Lalit Modi in alleged money laundering case registered against him.
ED had earlier issued summons to Mallya for "personal appearance" on March 18 under the provisions of the Prevention of Money Laundering Act (PMLA).
Undisclosed foreign assets and funds worth Rs 350 crore detected; these are separate entities from those featured in Panama Leaks and Paradise Papers
The HC's direction came on Qureshi's plea in which he sought a restraint on the ED from arresting or taking any coercive action once he joins the investigation.
They were chargesheeted for alleged offences punishable under section 120-B (criminal conspiracy) of IPC and under relevant provisions of the Prevention of Corruption Act.
Funds diverted by associate to Dubai.
Justice Suresh Kait said that wrong message will be sent to the society if bail is granted to Chidambaram in this case.
The ED on Monday contested claims made by the Lalit Modi camp that the former IPL boss will be heard before Interpol issues a red corner notice against him.
Shivakumar will be produced before a court in New Delhi on Wednesday by the ED for seeking his custody.
Officials said the agency's Mumbai office officialy moved for a 'Red Interpol notice' against Modi on the basis of a non-bailable warrant issued recently by a special court in the western metropolis of the country.
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