The ED started probing Modi in 2009.
A special court in Mumbai has said that Shiv Sena MP Sanjay Raut dealt with some "unaccounted money" for purchasing plots at Kihim near Alibag in Raigad district, but the same cannot be "thrown in the stock of proceeds of crime (POC) under the provisions of the Prevention of Money Laundering Act (PMLA)".
The action comes days after the CBI registered an FIR in the country's biggest alleged bank loan fraud case till date.
The Enforcement Directorate (ED), probing the case, sought his remand for nine more days, but the court refused the probe agency's plea and sent him to judicial custody.
Special court judge M G Deshpande, who has granted bail to Shiv Sena MP Sanjay Raut, terming his arrest as "illegal, without reason and a witch-hunt", had pulled up the Enforcement Directorate (ED) on multiple occasions this year over its approach in dealing with money laundering cases.
The Enforcement Directorate on Thursday submitted a charge sheet against Maharashtra Minority Development Minister Nawab Malik in an alleged money laundering case linked to fugitive gangster Dawood Ibrahim.
The ED case of money laundering in the excise policy stems from a CBI FIR in which Delhi Deputy Chief Minister Manish Sisodia and some bureaucrats have been named as accused. The excise policy has been rolled back now.
The court allowed Raut's plea for home food and medicines, but refused to pass an order on his prayer for bedding.
While extending the custody, the court noted that the ED has made 'remarkable progress' in the investigation.
The Enforcement Directorate on Friday arrested Iqbal Kaskar, the jailed brother of 1993 Mumbai blasts mastermind Dawood Ibrahim, as part of a probe into a recently registered money laundering case against him, officials said.
The properties include Goawala compound and a commercial unit in Mumbai's suburban Kurla (West) 147.79-acre agricultural land located in Osmanabad district of Maharashtra and three flats in Kurla (West).
The official said the search is still on at the Katol premises of Deshmukh, while the search at Wadvihira concluded around 12 noon.
Officials said Deshmukh, 71, was arrested under the provisions of the Prevention of Money Laundering Act.
The bail plea was opposed by ED which had said the offence committed by him has cross border implications and if released, he would not be available for further ongoing investigation.
The high court in London on Tuesday began hearing evidence from two leading experts in the field of psychiatry to determine the level of suicide risk faced by Nirav Modi if he is extradited to India to face charges of fraud and money laundering, amounting to an estimated $2 billion in the Punjab National Bank (PNB) loan scam case. Lord Justice Jeremy Stuart-Smith and Justice Robert Jay heard from Andrew Forrester, Professor of Forensic Psychiatry at Cardiff University, and Seena Fazel, Professor of Forensic Psychiatry at Oxford University, in the final stages of the extradition appeal being pursued by the 51-year-old diamond merchant. The two psychiatrists weighed up Nirav's level of depression, which could pose a "substantial" or "elevated" risk of suicide.
A special court on Mumbai on Tuesday rejected a plea filed by former Maharashtra home minister Anil Deshmukh seeking 'default bail' in an alleged money laundering case.
Delhi's Deputy Chief Minister Manish Sisodia on Monday claimed the BJP offered him the chief minister's post if he broke the AAP.
The court remanded advocate Uke and his brother Pradeep Uke in the ED's custody till April 6.
A three-judge bench headed by Justice A M Khanwilkar said Desmukh is at liberty to access remedies available to him under the law.
The IAS officer said that most of the names mentioned in the 'unofficial list' used to figure in the final transfer order as well.
A British court on Tuesday opened the continuation appeal hearing in the extradition case of Nirav Modi, who is wanted in India on the charges of fraud and money laundering amounting to an estimated $2 billion in the Punjab National Bank (PNB) loan scam case. The 51-year-old diamond merchant had lodged an appeal last year against his extradition order on mental health grounds. Lord Justice Jeremy Stuart-Smith and Justice Robert Jay presided over an initial hearing at the High Court in December last year to determine whether District Judge Sam Goozee's Westminster Magistrates' Court ruling from February 2021 in favour of extradition was incorrect to overlook the diamond merchant's "high risk of suicide".
While the Opposition is making a belated effort to form a joint front against the BJP, Mamata's ambiguous stand has created confusion, observes Virendra Kapoor.
The Enforcement Directorate (ED) on Thursday said it has arrested Karvy Stock Broking Limited (KSBL) CMD C Parthasarathy and group CFO G Krishna Hari in connection with a money laundering investigation linked to alleged diversion of clients' securities of over Rs 2,873 crore. The agency produced the two-- already lodged in central jail, Bengaluru after being arrested by the police-- before a special Prevention of Money Laundering Act (PMLA) court in Hyderabad on January 20 and on January 25 it remanded them to four days of ED custody from January 27-30, it said in a statement. The ED case, filed under the criminal provisions of the PMLA, is based on multiple Telangana Police FIRs filed by the HDFC Bank, few other banks and investors alleging clients' securities were illegally diverted by Karvy Stock Broking Ltd and these were later pledged with banks and non banking financial companies (NBFCs) for loans which were later "defaulted".
Sources said his residence and NGO offices located in south Delhi's Vasant Kunj, Adchini and Mehrauli areas are being searched under the provisions of the Prevention of Money Laundering Act (PMLA).
Deshmukh sent a two-page letter to the ED through his advocate Inderpal Singh and mentioned that he is sending his representative.
After Deshmukh (71) was remanded to judicial custody, his legal team moved a plea before the court, seeking that he be allowed to have home food and medicines, considering his age and medical history.
Deshmukh said, "The ED has provisionally seized my family's property estimated at around Rs 4 crore"
He is the fourth leader of the Sharad Pawar-led Nationalist Congress Party, which is ruling in alliance with the Shiv Sena and Congress in Maharashtra, to face the heat from the central agency.
The ED case against Deshmukh and others is borne out after the CBI first carried out a preliminary enquiry followed by a regular case being filed on the orders of the Bombay High Court.
The Income Tax department on Friday conducted separate 'survey operations' at the premises of online news portals Newsclick and Newslaundry in New Delhi, officials said.
A Delhi Court on Friday dismissed the bail pleas of alleged middleman Christian Michel in connection with alleged AgustaWestland scam related corruption case filed by the Central Bureau of Investigation, and the money laundering case by the Enforcement Directorate.
The Enforcement Directorate (ED) on Tuesday arrested former Mumbai police commissioner Sanjay Pandey in connection with a money laundering case linked to the alleged illegal phone tapping of NSE employees, officials said.
The continuation appeal hearing in the extradition case of Nirav Modi, the fugitive diamond merchant wanted in India to face charges of fraud and money laundering amounting to an estimated $2-billion Punjab National Bank (PNB) scam case, is listed to be heard in the high court in London on June 28. The 51-year-old diamond merchant had lodged an appeal against his extradition order on mental health grounds. "The hearing is listed for the 28th June," confirmed the Royal Courts of Justice administrative office last week.
The 62-year-old Nationalist Congress Party leader was taken into custody shortly before 3 pm after he was questioned for about six hours at the ED office in south Mumbai's Ballard Estate area.
A special court in Mumbai on Tuesday remanded Deepak Kochhar, husband of former ICICI Bank CEO Chanda Kochhar, to ED custody till October 17. Deepak Kochhar was arrested by the Enforcement Directorate in September under the Prevention of Money Laundering Act (PMLA) in the ICICI Bank-Videocon money laundering case.
Finance Minister Nirmala Sitharaman on Thursday said that fugitive businessmen Vijaya Mallya, Nirav Modi and Mehul Choksi are "coming back" to India" to face the law.
After the Bombay HC last week refused to quash these summons, he appeared before the agency.
The Supreme Court on Thursday junked a plea filed by former Maharashtra home minister Anil Deshmukh seeking records, including file notings and internal correspondence, of the preliminary enquiry report in the corruption case, saying "should we entertain this because he has been a minister."
The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors.
Michel, extradited from Dubai, was arrested by the ED on December 22 last year.
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