The Centre on Wednesday told the high court that the enforcement directorate was investigating the alleged investment of American retail giant Walmart in Indian companies, in violation of the provisions of the Foreign Exchange Management Act.
The ED conducted multiple searches in Mumbai as part of a money laundering probe into the operations of the underworld and linked illegal property deals and hawala transactions, official sources said.
The money-laundering case was filed by the ED after taking cognisance of a CBI FIR against the accused, whom the latter agency had booked for alleged violations of the Foreign Contribution (Regulation) Act (FCRA), 2010 and under section 120B (criminal conspiracy) of the Indian Penal Code.
The meeting, proposed at the CM House, has been called to discuss strategy over the current political situation and the Enforcement Directorate's proposed questioning of Chief Minister Hemant Soren on Wednesday, he said.
Leaders of several opposition parties were stopped by the police at Vijay Chowk in New Delhi as they took out a protest march from Parliament House to hand over a complaint to the Enforcement Directorate on the Adani issue.
The Enforcement Directorate on Tuesday questioned former Indian cricket team captain and Congress leader Mohammed Azharuddin for over nine hours in a money laundering case linked to alleged financial irregularities in the Hyderabad Cricket Association, official sources said.
Even as the Income Tax department is probing the financial dealings of the money-spinning Indian Premier League, the Enforcement Directorate (ED) will look into the alleged murky international deals of the Twenty20 tournament. Official sources said the Mumbai wing of the ED had conducted a discreet inquiry into the finances of Rajasthan Royals in 2008 and had prepared a report of alleged Foreign Exchange Management Act (FEMA) violations.
The Enforcement Directorate (ED) is proposing a penalty on German sportswear giant Adidas' subsidiary Reebok India for alleged violations of the Foreign Exchange Management Act (Fema).
"The investigation has revealed that Singh had assured to get changes through Manish Sisodia in the then proposed Excise Policy of 2020-21 to increase the brand registration criterion for IMFL brands at the behest of Amit Arora and Dinesh Arora.
A total of 17 places are being covered in the two neighbouring states by the Jharkhand office of the federal probe agency.
The high court of Jharkhand on Friday granted bail to former chief minister Hemant Soren in a money laundering case linked to a land scam.
'In 2014 the BJP built its campaign around 'jija ji' (brother-in-law) and corruption, shouting about Vadra, 2G and coal scams. Yet today, all those cases have quietly been shut. The people are not fools. They can see the reality--that Congress and BJP are in a hidden alliance'
The Supreme Court on Thursday disagreed with the Centre's submission that petitions challenging the amended law allowing extension of the Enforcement Directorate director's tenure up to five years should not be entertained as they have been filed by political entities facing serious money laundering charges.
The MLC daughter of Telangana Chief Minister K Chandrashekar Rao reached the ED office in central Delhi from the Tughlaq Road official residence of her father around 11.30 am and left shortly after 9.40 pm.
Sheikh, who was apprehended in the early hours of Thursday, was brought to Bhawani Bhawan from a local court in Basirhat, which sent him to 10 days police custody.
The 49-year-old Trinamool Congress leader was called for questioning twice earlier by the central agency, but she did not depose citing official work and sought deferment of the notice.
Searches conducted by the Enforcement Directorate (ED) under the anti-money laundering law rose by 86 times while arrests and attachment of assets jumped by around 25 times in the 10 years since 2014 compared to the preceding nine-year period, according to official data.
Atishi said the directions, received late on Saturday, brought tears to her eyes with Kejriwal showing concern for the people of Delhi despite his own plight.
The Enforcement Directorate (ED) on Friday raided the premises of businessman Raj Kundra, the husband of actor Shilpa Shetty, and some others as part of a money laundering case linked to alleged distribution of pornographic content. Around 15 locations in Mumbai and Uttar Pradesh are being searched. The probe pertains to the role of suspects in alleged distribution of pornographic content through mobile applications and other modes.
The ED officers are conducting raids at 15 places in the state during the day and Sajahan's house is one of them, an officer said.
The special judge, Pankaj Kumar, ordered issuance of letters of request in the name of the five countries to enable ED officials to conduct investigation. SR Das, the counsel for ED told the court that the visit was necessary as the agency had unearthed facts about the illegal investments and hawala transactions made in these countries by the accused.
The federal agency said it conducted raids against a director of Zanmai Lab Pvt Ltd, which owns WazirX, on August 3 in Hyderabad and alleged he was "non-cooperative". The agency's probe against the crypto exchange is linked to its ongoing investigation against a number of Chinese loan apps (mobile applications) working in India.
The statement issued by Raj Bhavan late Saturday night highlighted that the governor, upon receiving a complaint in the Peace Room, instructed the police chief to arrest the culprit promptly.
A senior Enforcement Directorate officer on Wednesday moved the Supreme Court accusing two former journalists of intimidating and blackmailing him from conducting a fair probe in the 2G spectrum allocation related case.
The exact case in connection with which the searches were being conducted was not yet known.
Fugitive businessman Vijay Mallya has said that he will pursue relief for the Enforcement Directorate and banks taking more than two times the debt he owed. His remarks came following a statement by Finance Minister Nirmala Sitharaman in Parliament about recovery of over Rs 14,130 crore from his attached assets.
He is expected to be produced before a special Prevention of Money Laundering Act court on Saturday where the ED will seek his remand for custodial interrogation.
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.
Vijay Deverakonda was questioned by the Enforcement Directorate on Wednesday, November 30, 2022, in connection with a money laundering case, official sources said.
A vacation bench of Justice Madhav Jamdar was hearing an application filed by the ED, challenging the special court's order of November 6 remanding Deshmukh to 14-day judicial custody, on the ground that it was bad in law and against the principles of natural justice.
The Enforcement Directorate (ED) failed to furnish direct evidence linking Delhi Chief Minister Arvind Kejriwal to the proceeds of crime in the money laundering case against him, a Delhi court has said while ordering his release on bail.
Meanwhile, ED officers faced resistance again during the arrest of TMC leader and former Bongaon Municipality chairman Shankar Adhya on the intervening night of Friday and Saturday.
Moitra, who was expelled from the Lok Sabha in December for "unethical conduct", has been renominated by her party from West Bengal's Krishnanagar seat in the upcoming Lok Sabha polls.
The bench said it would be a travesty of justice to relegate Sisodia to the trial court for seeking bail in these cases.
Gahlot says he has no knowledge of Nair living in his official accommodation, AAP's Goa activities
Several Aam Aadmi Party leaders, including Manish Sisodia and Sanjay Singh, hit out at the BJP government at the Centre, saying agencies are targeting those who raised their voice against the ruling party.
The 1984-batch IRS officer was otherwise to remain in office till November 18, 2023, according to the notification issued by the government.
The sources said that Chaitnaya Baghel was arrested under section 19 of the anti-money laundering as he was allegedly not cooperating during the searches that came about following receipt of fresh evidence in the case.
The ED carried out searches against two former auditor firms of IL&FS -- BSR and Associates and Deloitte Haskins and Sells -- on Wednesday in connection with its money-laundering probe into alleged financial irregularities at the infrastructure development and finance company, official sources said. The premises linked to the two auditors in Mumbai were searched under the provisions of the Prevention of Money Laundering Act (PMLA), they added. The action came a week after the Supreme Court set aside a Bombay High Court verdict that quashed an SFIO probe against the two companies, both former auditors of IL&FS Financial Services, paving the way for action against them under the Companies Act and allowing the National Company Law Tribunal (NCLT) to take forward its enquiry against them.
Currently, the enforcement officers are making seizures of assets directly and indirectly connected to offenders, including jewelers Nirav Modi and Mehul Choksi in the Punjab National Bank fraud and Vijay Mallya in the Rs 9,000-crore IDBI loan case.
