Three persons are being questioned in connection with the massive seizure.
In almost every hawala deal, 10 per cent of the amount goes towards terror funding, reports Vicky Nanjappa
The Enforcement Directorate (ED) has summoned Rajkot-based bullion trader Pankaj Lodhiya, whose name figured in the list of black money holders submitted by the government to the Supreme Court, to probe if he was involved in hawala trade.
With funds for terror activities drying up due to intense crackdown by authorities, terror outfits are resorting to alternative means -- like carrying out robberies -- to raise money for their plans. Terror groups such as the People's Liberation Front of India, Indian Mujahideen and certain modules of the Harkat-ul-Jihadi in Kerala have all adopted this method. While acts of robbery may indicate sheer desperation.
What were the Indian authorities doing all these years, especially when it was well known universally that all was not well within HSBC?
What were the Indian authorities doing all these years, especially when it was well known universally that all was not well within HSBC?
14 places in Kashmir and eight places in the national capital were raided by the NIA.
The Central Bureau of Investigation on Monday sought 14-day custody of Kadapa MP Jagan Mohan Reddy, saying it needed to further question him in the disproportionate assets case.
Activist-turned-politician Arvind Kejriwal on Friday took on the issue of hawala money stashed in Swiss bank accounts.
'No one institution can cleanse it: Not the courts, government or activists.' 'And least of all the Indian Police Service,' argues Shekhar Gupta.
The 3,064-page chargesheet, filed in a Jammu court under the Unlawful Activities (Prevention) Act and various sections of the Indian Penal Code, names self-styled commander of the Hizbul Mujahideen terror group Syed Naveed Mushtaq alias Naveed Babu and his alleged network of aides.
Muzaffar Kola, accused for funding the 13/7 blasts is marked as 'wanted' in the chargesheet filed by Maharashtra Anti-Terrorism Squad, but in reality, he lives at Jaali Cross Road in Bhatkal, Karnataka. Vicky Nanjappa speaks to the man and his family.
A user just needs to download any app floated by such fraudsters and apply for instant loans. These apps are mainly concentrated on Google Play considering the reach and popularity of Android systems.
Charges were framed on Saturday against a close aide of hardline Hurriyat leader Syed Ali Shah Geelani and three others, arrested for allegedly running hawala racket to fund banned terrorist outfit Hizbul Mujahideen in Kashmir Valley, by a Delhi court, paving the way for their trial.
Starting with 10 terror modules in 2009, the Jamaat-ul-Mujahideen Bangladesh today has more than 50 units across West Bengal, reveal investigative officials.
Kerala seeks a National Investigation Agency probe into the use of mobile phones by prisoners lodged in state jails, to ascertain whether some of them had any terror links. Insiders say that hawala operations are carried out from prisons and these operators have political backing. Vicky Nanjappa reports
The Jharkhand high court on Thursday granted bail to former state Chief Minister Madhu Koda, who has been in prison after his arrest over two years in connection with illegal investments and hawala transaction case.
Michel, who was extradited from Dubai recently, was arrested by the Enforcement Directorate on December 22 and sent to a seven-day custody of the agency over money-laundering charges in the scam by a court.
Haroon Naik, an arrested accused in 13/7 Mumbai blasts, had met Lashkar-e-Tayiba operations chief Zaki-ur-Rehman Lakhvi and was present at an "inspirational" lecture by slain al Qaeda leader Osama Bin Laden in Pakistan just a month before the 9/11 attack.
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.
Mayawati recently appointed her brother Kumar as national vice president of the Bahujan Samaj Party.
Shivakumar's lawyers Abhishek Manu Singhvi and Dayan Krishnan opposed the ED's plea for custodial interrogation saying that he had joined the probe and never absconded.
Earlier in June this year, his another son, Shahid, who was working in the agricultural department of the Jammu and Kashmir government, was arrested in the same case.
Soon after being discharged, Mishra said he would go to the offices of the Central Bureau of Investigation and the Central Board of Direct Taxes to lodge complaints against Chief Minister Arvind Kejriwal whom he had accused of corruption.
Non-bailable arrest warrants have been issued against seven aides of former Jharkhand chief minister Madhu Koda including an Indonesia- based businessman in connection with the multi-crore illegal investments and hawala case being probed by the Enforcement Directorate.
Normal life in Kashmir was disrupted on Tuesday following a strike call given by the hardline separatist All Parties Hurriyat Conference against the curbs imposed on its chairman Syed Ali Shah Geelani in New Delhi, which barred him from leaving the capital.
With payoffs in Bofors gun deal under the spotlight again, a former Central Bureau of Investigation officer who supervised the case claimed that alleged hawala dealer SK Jain told the probe agency he and Ottavio Quattrocchi received kickbacks from projects routed through them including the howitzer deal.
They will fawn over a prize catch who has brought a rich dowry of Gwalior-Chambal politicians. But in the end, all BJP members are prajas of Amit Shah and Narendra Modi, notes Sunanda K Datta-Ray.
Capping a three-week-long high-voltage intense power struggle triggered by a raft of resignations by rebel lawmakers that pushed the government to the brink of collapse, the motion in the Karnataka Assembly was defeated with 99 members voting for the motion and 105 against it.
The Indian Premier League scandal gets murkier and murkier by the day.
Vicky Nanjappa analyses how the death of Sajid Batcha could impact the ongoing Central Bureau of Investigation probe into the 2G Spectrum scam
Separatist leader Syed Ali Shah Geelani was detained by the police at the Srinagar airport and put under house arrest soon after his arrival from New Delhi. In the national capital, the chairman of the hard-line faction of the Hurriyat Conference was questioned by the Delhi police in connection with a hawala case. "He was detained at the airport and put under house arrest soon after his arrival from Delhi," said the party spokesperson.
Jammu and Kashmir Chief Minister Omar Abdullah on Wednesday asked fire-brand separatist leader Syed Ali Shah Geelani not to make 'false claims' about being detained by the Delhi police.Rubbishing claims of separatists that Geelani had been detained in Delhi, he said the separatist leader was 'completely free' and even takes his morning walks."He has been told to not to leave the city until he records his statement in connection with the alleged hawala case.
Funds diverted by associate to Dubai.
The Enforcement Directorate on Thursday arrested aides of former Jharkhand Chief Minister Madhu Koda -- Manoj Punamiya and Arvind Vyas -- from Delhi in a case of alleged illegal investments and Hawala transactions.
The passport of Sanjay Choudhary, close aide of former Jharkhand Chief Minister Madhu Koda, has been revoked as part of the investigations into the alleged multi-crore illegal investment and hawala racket involving the duo and some others.Sources said Choudhary, who is alleged to be the main money bag for Koda, is currently hiding in Dubai.
For the first time, the National Investigation Agency will be sending a judicial request to Pakistan for the arrest of Hizbul Mujahideen chief Syed Salahuddin, declared a proclaimed offender and chargesheeted by the agency for allegedly pumping money into Jammu and Kashmir for terror activities.
Rashtriya Swayamsevak Sangh ideologue Govindacharya said that Sushma Swaraj and Vasundhara Raje should quit on moral grounds in the wake of the Lalit Modi controversy as from common man's perception they are "guilty".
Additional Sessions Judge Nivedita Anil Sharma convicted Md Amin Wani and Lutfur Rahman of various offences under the Indian Penal Code, the Unlawful Activities Prevention Act and the Explosive Substances Act.
The Income Tax department on Tuesday raided more than 60 places across the country in connection with the alleged illegal investments and hawala transactions case involving Jharkhand's former Chief Minister Madhu Koda.
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