The Income Tax Department detected bogus expenditure claims and alleged transfer of share capitals worth crores of rupees through shell companies after it recently raided some entities in Karnataka and Uttar Pradesh, including people linked to the Samajwadi Party.
The 36-year-old actor had spent about eight hours at the agency's office on Wednesday as she was questioned and her statement was recorded in multiple sessions under the Prevention of Money Laundering Act (PMLA).
The case relates to alleged terror funding in 2017 in the valley and involves Jamaat-ud-Dawah (JuD) chief Hafiz Saeed, the 2008 Mumbai terror attack mastermind based in Pakistan.
Custom authorities have been keeping strict vigil on the cargo movements from Bhutan, Taiwan, China, Afghanistan, South Korea Japan, and Dubai since January.
As per procedure, the headquarters of the agency have been sealed for 48 hours and are expected to resume operations on Monday, the officials said.
The Indian economy has recovered 'handsomely' from the pandemic-induced disruptions, former Niti Aayog vice chairman Arvind Panagariya said on Tuesday, while expressing hope that the recovery will be sustained and the growth rate of 7 to 8 per cent will be restored. Panagariya suggested that the government must now signal its intention to wind down fiscal deficit by cutting it by half-to-one percentage point in 2022-23. "The Indian economy has recovered handsomely, returning to its pre-COVID GDP... "Only private consumption is still below its pre-COVID-19 level," the eminent economist told PTI in an interview.
What is worrying analysts is that such money that flows into India seems to be the money of Indians, sent abroad first through the hawala route and then subsequently laundered abroad, especially in tax havens.
Praveen Kakkar has alleged that the Income Tax raids at his premises were politically motivated, and claimed nothing objectionable was found against him in the two-day operation.
The raid was carried out at a hotel in Karol Bagh in the national capital.
Syed Ahmad Shakeel and Shahid Yousuf, who are sons of Hizbul Mujahideen chief and one of the most wanted terrorists, Salahuddin, were also dismissed from service for allegedly being involved in terror funding, the officials said.
Delhi Chief Minister Arvind Kejriwal has sent a "secret note" to Union Home Minister Rajnath Singh, mentioning allegations against Lt Governor-appointed Anti-Corruption Branch chief M K Meena of involvement in hawala and curtain purchase scam.
Dinakaran said how could he flee the country when his passport 'is in court' for 20 years.
The government on Friday said gains from fake currency business are going abroad through the hawala route and admitted that the quality of fake currency has gone up with better imitation of security features.
The Financial Intelligence Unit will apply a multi-pronged approach in probing black money, counterfeit currency, terror funds and hawala transactions as it believes they are all interlinked, reports Vicky Nanjappa.
In its attempt to link a hawala transaction with the October 27 Patna blasts, the Bihar police had carried out several arrests of both Hindu and Muslim operatives. But the case linking the hawala deal to the Patna blasts is on the verge of closure as the National Investigation Agency says there is no evidence.
Shivakumar, 57, was arrested by the Enforcement Directorate on September 3 in a money laundering case.
Pakistan is yet to comply with 13 conditions out of the 27-point Action Plan of the FATF including curbing terror financing, enforcement of the laws against the proscribed organisations and improving the legal systems.
The former Karnataka minister said the ED has asked him to appear before it in Delhi on Friday by 1 pm and he was considering all legal options.
The Enforcement Directorate arrested Shah over a decade-old money laundering case.
The summons have been sent at the south Delhi guest house where Shah, the Chairman of Democratic Freedom Party of Jammu and Kashmir, has been kept after Delhi police detained him on Saturday.
His career as a bureaucrat has been somewhat colourless, which suggests his current elevation is simply a matter of being at the right place at the right time.
It said Naisar Kothari, a resident of Bhavnagar in Gujarat, was arrested under sections of the Prevention of Money Laundering Act (PMLA) and he has been sent to the ED custody till December 22 by a court.
Aditya Birla Management Corporation has received cash from certain group companies through hawala operators in Delhi, say investigators
The spotlight is back on the hawala trade in diamonds.
"You cannot play hide and seek with the court," Justice Suresh Kait said.
Since trading in virtual currencies is not illegal, they traded in cash or through barter in some instances.
Shivakumar, who is in ED's custody since September 3 in connection with a money laundering case, was earlier taken to the Ram Manohar Lohia hospital on Thursday.
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.
Police said that Pakistan-based Anees Ibrahim, who is brother of Dawood Ibrahim, was connected with the underworld operatives to execute the terror plan.
Ayesha Bano, who was detained at Mangalore airport on Tuesday morning, allegedly ran a hawala racket to sponsor terror strikes in India. Ayesha, also known as 'Pakistan Boss', is a married woman with three children.
Kiran Bedi got emotional and started crying during a road show
Khan, the chairman of Pakistan Tehreek-i-Insaf submitted the documents containing details of alleged bank accounts held by the Sharif family and loan write-off schemes.
NCP chief Sharad Pawar said that Malik is being troubled because he spoke against the Union government and 'misuse' of central probe agencies.
A senior official in the central probe agency said Wani was arrested from Jammu and Kashmir's summer capital Srinagar by the Enforcement Directorate with the help of the state police.
They said the 22-year-old management graduate will be questioned and her statement will be recorded under the Prevention of Money Laundering Act (PMLA).
Why can't we have a sunset clause for the ARCs, which is a global norm? questions Tamal Bandyopadhyay.
During the operations, that began in the morning, houses and business establishments of those suspected of channelising funds to fuel secessionist and anti-India activities were searched, an NIA spokesman said.
Officials said both the factions of the Hurriyat are likely to be banned under Section 3(1) of the Unlawful Activities (Prevention) Act, or the UAPA, under which "if the Central Government is of opinion that any association is, or has become, an unlawful association, it may, by notification in the Official Gazette, declare such association to be unlawful."
The Enforcement Directorate (ED) on Friday arrested a suspected Delhi-based bookie after launching searches in multiple cities.
Dinakaran's chartered accountant will be called by the crime branch for questioning in the matter.
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