He was discharged for want of sanction for his prosecution.
The court had concluded the arguments on quantum of sentence on Friday last week after taking into consideration submissions made by both the prosecution and defence lawyers as well as the lawyer of the victims.
The accused, Tapas Ghosh, 49, was arrested on Tuesday night. A Special Investigation Team (SIT) is looking into the matter under the supervision of DCP Vinita Sahu, said Nagpur commissioner of police (CP) Amitesh Kumar.
Currently, confiscation can be done through multiple laws, but it is a complicated process.
Chandole was arrested by the ED on late Wednesday night under the Prevention of Money Laundering Act (PMLA) in a case against a security service provider company and others.
Joint MD of the company Arun K Saha and MD of transportation network K Ramchand were arrested late evening in Mumbai under the Prevention of Money Laundering Act.
The PMLA court in Mumbai has sought their appearance on September 25 (Nirav Modi) and 26 (Mehul Choksi) respectively under the fugitive economic offender law.
Cyber criminals are using apps and young women to trap people through mobile phone calls and video chats.
A bench of Justices V Ramasubramanian and Pankaj Mithal, which extended the protection from arrest to Gogoi till March 3, said it would hear the matter on Friday.
A senior IDBI Bank official allegedly conspired with businessman Vijay Mallya for sanction and disbursement of loan to the latter's Kingfisher Airlines, the Central Bureau of Investigation said in its supplementary chargesheet filed in a Mumbai court. Mallya is an accused in the alleged Rs 900-crore IDBI Bank-Kingfisher Airlines loan fraud case, which is being probed by the CBI. The Central agency had recently filed a supplementary chargesheet before a special CBI court.
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.
Deputy Chairman of the Supreme Court-appointed Special Investigative Team on black money, Justice Arijit Pasayat, said Rs 70,000 crore of black money has been unearthed so far and the sixth report on it will be submitted to the apex court in April.
The Special Court on Monday has sentenced erstwhile Satyam chairman B Ramalinga Raju and his brother Rama Raju to six months imprisonment for violating provision of the Companies Act.
M Nageswar Rao, who took over the duties and functions of CBI director late on Tuesday night, appointed Satish Dagar as superintendent of police to probe the case, they said.
Chidambaram, who was accompanied by police personnel in the police bus, was put in a special cell in the Asia's biggest prison complex as per the orders of the CBI court.
The Supreme Court said on Wednesday that money laundering is a "heinous" crime which not only affects the social and economic fabric of a nation but also tends to promote other serious offences like terrorism and drug trafficking.
Grant of anticipatory bail to Chidambaram at this stage will hamper investigation, it said.
This is one of the many such cases that helped to create an acute fear psychosis among public sector bankers, reveals Tamal Bandyopadhyay in his fascinating new book Pandemonium: The Great Indian Banking Tragedy.
Setting aside the Delhi high court's September 30 verdict denying bail to Chidambaram, the apex court said he is neither a "flight risk" nor there is a possibility of "his abscondence from the trial". Chidambaram had moved the apex court challenging the high court verdict.
Raju and his brother B Rama Raju were told to furnish personal bonds of Rs 100,000 each
As per the existing process of law under the PMLA, the ED could confiscate the assets only after the trial in a case finishes which usually takes many years.
The Madhya Pradesh Special Police Establishment (also known as Lokayukta) is exempted under Section 24 of the RTI Act as per directions of the state government, it said in a reply to an RTI query.
Mumbai police chargesheets billionaire-builder Chandru Raheja for cheating, breach of trust; Rahejas call it pressure tactic, say Wadia plea was thrown out by Supreme Court
Modi also reiterated that he cannot return to India due to safety concerns and also because his case has been politicised.
Broker Hiten Dalal and Canara Bank Mutual Fund's former General Manager B R Acharya have been sentence to one year imprisonment.
The Kerala government on Friday decided to recommend a judicial inquiry against central probe agencies, including the Enforcement Directorate, which are investigating the gold and dollar smuggling cases.
The CBI said the RJD leader is likely to get involved in political activities and misuse the grant of bail ahead of upcoming Lok Sabha polls.
The Kerala high court on Tuesday granted bail to Swapna Suresh in the Unlawful Activities (Prevention) Act case registered by the National Investigation Agency in connection with the sensational gold smuggling through diplomatic channel.
The CBI has named Prasad, his wife Rabri Devi, and daughters Misa Bharti and Hema Yadav, in addition to 12 people who were given jobs in Railway zones of Mumbai, Jabalpur, Kolkata, Jaipur, Hajipur, the officials said.
CJI Lalit concurred with the minority view of Justice S Ravindra Bhat who held the EWS quota as "unconstitutional" for excluding poor among SCs, STs and OBCs.
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.
It is high time the Indian government signalled discomfort with the UK providing refuge to those accused of financial crimes in India, states Jaimini Bhagwati.
The ED opposed the bail plea of the accused, saying they indulged in a "very serious" economic offence.
It was perhaps over-enthusiasm that prompted the Indian investigative agencies to take a private jet to Dominica to bring back fugitive diamantaire Mehul Choksi. Predictably, the eight-member team had to return empty-handed after almost a week-long wait. The agencies were banking too much on the "state-less" status of Mr Choksi, as Antigua, which had given him citizenship in 2017, wasn't willing to take him back. Thus, the calculation was that Mr Choksi would be whisked away from the Dominican courtroom to the waiting plane. The reason for the optimism was also because Antigua is friendly territory for India.
Supreme Court judge Justice Rohinton Fali Nariman on Monday recused himself from hearing liquor baron Vijay Mallya's petition against the confiscation of his properties by the Enforcement Directorate.
Call it the Aam Aadmi Party effect, as Bihar has decided to dismiss 91 corrupt public servants (officers) from service within one month with more on their way out in the coming months.
The top court had granted bail to Chidambaram in the case lodged by the CBI saying he is neither a 'flight risk' nor is there a possibility of 'his abscondence from the trial'.
Enforcement Directorate alleged that he was not cooperating and sought his custodial interrogation.
Since arraignment under money laundering is a tougher offence, the CBDT hopes it will also overcome its dismal score sheet to prove satisfactorily to the courts that these cases were genuine ones of tax evasion.
President Droupadi Murmu administered him the oath at a brief ceremony held at the Rashtrapati Bhavan.
