The Central Economic Intelligence Bureau, lead agency under Finance Ministry to gather and disseminate intelligence related to financial crimes, has traced illegal flow of money through Private Placement Programme, which involves offering of securities to select individuals or groups, upto 50 in numbers, official sources said.
The Enforcement Directorate has registered a criminal case against controversial Islamic preacher Zakir Naik and his organisation IRF under money laundering laws.
TV footage showed Zardari coming out of his house and embracing his younger daughter Aseefa before getting into a black Landcruiser.
It is important to clarify that availing of an exemption is neither evasion nor tax planning.
The bench said the AAP contention that the LG is bound to act on the aid and advice of Council of Ministers was "without substance and cannot be accepted".
The agency's poor track record in convictions is the only light at the end of a rather long tunnel for the couple, observes Shyamal Majumdar.
The agency filed the prosecution complaint under the Prevention of Money Laundering Act before a special court in Mumbai and said Naik's "inflammatory speeches and lectures have inspired and incited a number of Muslim youths in India to commit unlawful activities and terrorist acts."
Significant portion of the funds used to fuel urban demand have become illegal and inoperative.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
Vadra was directed by a Delhi court to cooperate with the investigation being carried out by the central probe agency after he knocked on its door seeking anticipatory bail in this case.
The department said that total confidentiality is ensured to those who declare their black assets and funds
A city court on Friday remanded suspended Trinamool Congress MP Kunal Ghosh to seven days' judicial custody after he dramatically recused his lawyer from speaking for him and then pleaded for either bail or CBI custody to 'assist' the agency in its Saradha chit fund scam probe.
Trading of diamonds especially with a gulf country has come under the lens of intelligence agencies here for suspected terror financing and money laundering.
The businessman, Pankaj Gangar, used to transfer the money to Shakeel
Rana Gurjit denied the charges saying neither he nor his company - Rana Sugars Limited - has any direct or indirect stakes in sand mining business.
The land acquisition, the consolidation process in Kot and a slew of other decisions by the Haryana government to open the hills to privatisation and commercial activity run contrary to court orders, environmentalists' demand, and at times the Union government's measures to protect the Aravalli hills, say Nitin Sethi & Kumar Sambhav Shrivastava.
Enforcement Directorate is jointly probing the case.
Batra Hospitality Private Ltd broke no ground rules while disposing off its shareholding in Centaur Hotel Mumbai to Sahara Group, Lok Sabha was informed on Wednesday.
Reddy, who appeared at the Central Crime Branch office in Bengaluru on Saturday, was arrested after the questioning ended on Sunday morning
The Delhi High Court on Thursday sought response of the Centre and the Enforcement Directorate on the bail plea of businessman Gautam Khaitan, arrested last month in a money laundering case related to the Rs 3,600-crore VVIP chopper deal.
Since trading in virtual currencies is not illegal, they traded in cash or through barter in some instances.
President Trump reacted sharply to the lawsuit and asserted that he would 'not settle' the case, and accused the Opposition Democrats of continuing with their 'witch hunt' against him.
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
To reduce their reliance of foreign transactions, terror outfits are now using charity organisations and NGOs. The money is collected legitimately but distributed illicitly, reports Vicky Nanjappa
Finance Minister Arun Jaitley said the magnitude of the alleged black money transfer through state-owned BoB will only be known after completion of the multi-disciplinary probe.
ED lawyer Hiten Venegaonkar contended that huge amount of money was laundered and Shah's acts constituted a very serious economic offence
'Even with the restrictions of depositing more than Rs 2.5 lakh in a bank, people will find new methods to convert this cash hoard into legal tender.'
Satyam Case has not ended after court verdict, there's lot to unfold say insiders.
The move is aimed at making it easier to do business in India.
The 2020 assembly polls marked the coming of age of a politician who valiantly went down fighting an army of battle-hardened veterans.
It cannot be that only in this case the CBI has developed a spine, refusing to heed the advice of its political masters.' 'There is something that does not meet the eye here,' notes Virendra Kapoor.
"As FM, I granted approval in the normal course of business," he said in a statement.
Lead players in the poll-bound state are understood to be re-working their strategies on how to manage the campaign with less money with Rs 500 and Rs 1,000 notes becoming illegal tender in one stroke.
Sanjeev Khanna, the step father of Sheena Bora and a key accused in the sensational murder case, was on Tuesday remanded in judicial custody till September 21.
Nine lenders have exposure to the promoter entities and had taken listed operating companies' shares as collateral from the promoter companies.
The entire amount is to be provided for four quarters.
Congress vice president Rahul Gandhi on Thursday said his party will allow Parliament to function only after External Affair Minister Sushma Swaraj discloses her family's financial transactions with Lalit Modi.
