Kerala ministers deny allegations of a Congress-BJP operation behind ED searches at residences linked to Marxist veteran Pinarayi Vijayan, claiming instead that the CPI(M) had an understanding with the BJP. They also downplayed the significance of the searches and the meeting between the Kerala CM and the Prime Minister.
The inquiry that led to the detention of former Brazil player Ronaldinho Gaucho enters a new stage this week as prosecutors focus on what they believe is a money laundering scheme involving the businesswoman who invited him to Paraguay. Investigators will begin reviewing files and messages on the phones of the former Barcelona and AC Milan player and his brother and business manager Roberto Assis.
ED sought his custody for seven days, claiming it had knowledge of unidentified assets which value more than Rs 500 crore and his custodial interrogation was required.
The Enforcement Directorate (ED) may initiate a money laundering investigation over the framing and execution of the Aam Aadmi Party government's excise policy, official sources said on Friday after the Central Bureau of Investigation raided Delhi Deputy Chief Minister Manish Sisodia and others in the matter.
The stringent Prevention of Money Laundering Act, which was recently amended to remove certain shortcomings, will come into force from July 1.
The Enforcement Directorate on Tuesday arrested Financial Technologies India Limited founder Jignesh Shah in connection with its probe into the Rs 5,600-crore National Spot Exchange Limited money laundering scam.
Hyderabad Police have dismantled a pan-India cyber fraud network, arresting 52 individuals across nine states in 'Operation Octopus 2.0'. The operation targeted bank officials, mule account holders, and middlemen involved in facilitating cyber frauds.
The Enforcement Directorate has issued fresh summons to Reliance Group chairman Anil Ambani to appear for questioning on February 26 after he skipped deposition this week, official sources said on Thursday.
According to an ED official, the arrest of the former Public Works Department minister was affected under the provisions of the Prevention of Money Laundering Act after he allegedly refused to cooperate during the questioning.
Sameer Bhujbal was arrested after over six hours of questioning under the provision of the Prevention of Money Laundering Act at the agency's office in Ballard Tiar here. He will be produced in court on Tuesday, official sources said.
The agency wants to question and record his statement under the Prevention of Money Laundering Act.
Enforcement Directorate has issued summons to Himachal Pradesh Chief Minister Virbhadra Singh in connection with its probe against him and his associates for alleged money laundering.
Gupta, 54, pleaded guilty to charges of murder-for-hire, conspiracy to commit murder-for-hire, and conspiracy to commit money laundering, in connection with his efforts to murder Khalistani separatist Gurpatwant Singh Pannun in New York.
The Supreme Court has granted four weeks of protection from arrest to Bihar-based contractor Rishu Shree, who is accused of acting as a middleman in government tender manipulation. Shree is alleged to have charged commissions to facilitate contracts, with the Enforcement Directorate investigating a "larger conspiracy" involving multiple Bihar departments.
Activist Anjali Damania has called for the questioning of Rupali Chakankar, former chairperson of the Maharashtra State Commission for Women, regarding her alleged connections with Ashok Kharat, a self-styled godman accused of sexual assault.
The Enforcement Directorate has registered a money laundering case in connection with the narcotics haul in Punjab from the house of alleged NRI drug dealer Anoop Singh Kahlon.
Swan Telecom promoter Shahid Balwa, who along with former Telecom Minister A Raja and 17 others are facing a money laundering case arising out of the 2G scam, on Friday moved the Supreme Court seeking setting aside of a lower court order of framing charges against him.
In a fresh development in NSEL's Rs 5,600 crore scam, the Enforcement Directorate (ED) on Monday registered a preliminary inquiry into the payment crisis, suspecting large-scale money laundering in the beleaguered spot exchange, a senior official said.
The UK High Court has concluded the hearing for Nirav Modi's application to reopen his extradition appeal, focusing on claims of potential torture during interrogations in India. The court has reserved its judgement.
Ayyub is the account holder and deposits totalling Rs 1,77,27,704 have been attached by the ED.
The case is linked to an alleged fraud of over Rs 512 crore in a Panvel-based cooperative bank.
At the end of December 2012, the notional value of outstanding PNs stood at Rs 1.51 lakh crore (Rs 1.51 trillion), higher than Rs 1.38 lakh crore (Rs 1.38 trillion) at the end of 2011.
The Enforcement Directorate has registered a money laundering case against former Union Minister Dayanidhi Maran and his brother Kalanidhi in connection with the 2G spectrum allocation case.
The market intermediaries have also been told to appoint designated directors to ensure compliance with new norms, who would face penal action for any lapses.
The criminal case was registered by the Mumbai zonal office of the agency after it got reports in this regard from the Sebi.
The Enforcement Directorate (ED) has seized significant assets from Earth Infrastructures Ltd., a Delhi-based real estate company, following accusations of defrauding homebuyers. The company is currently undergoing insolvency proceedings.
The Enforcement Directorate, probing money laundering charges against Himachal Pradesh Chief Minister Virbhadra Singh and his family members, on Tuesday recorded the statement of his wife Pratibha Singh
A senior official said CBDT has inputs that a number of these companies possibly indulged in tax crimes and once this is established, the department will initiate action against them for indulging in money laundering and tax evasion.
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".
With many foreign patients being his clients, Kumar has been accused of stashing a part of his earnings abroad and the Enforcement Directorate is assessing if a case under the Prevention of Money Laundering Act could be slapped against him and his associates.
CPI(M) leaders have strongly criticised the ED raids on former Kerala CM Pinarayi Vijayan and others, alleging political motivation and a conspiracy by the BJP and Congress. They claim the raids are an attempt to intimidate the party and its leaders, and have vowed to fight back against what they see as a politically fabricated case.
Deshmukh, 72, has moved the top court seeking protection from any coercive action, Mumbai-based advocate Inderpal B Singh said in a video message released for the media.
They said Chaudhary was arrested on Tuesday night after he was questioned at length in the case at the office of the central investigative agency in south Mumbai.
The Enforcement Directorate has registered a money laundering case against sacked CWG Organising Committee Chairman Suresh Kalmadi in connection with financial dealings during the 2010 Commonwealth Games.
During the financial years between 2012-13 to 2021-22, the federal probe agency filed a total of 3,985 criminal complaints under the Prevention of Money Laundering Act and 24,893 under the civil law of the Foreign Exchange Management Act.
A Delhi court on Tuesday summoned Congress leader D K Shivakumar and others in a money laundering case lodged against him in 2018 after taking cognisance of the charge sheet.
The Enforcement Directorate on Wednesday registered a money laundering case in the Elgar Parishad and Bhima Koregaon violence case and has begun investigations, according to a source.
In what was described as a sensational expose, Bhartiya Janata Party general secretary Kirit Somaiya on Monday alleged large scale money laundering by Uttar Pradesh Chief Minister Mayawati's younger brother Anand Kumar, whose assets have allegedly bloated over a short span of time.
A bill to amend the Money Laundering Act, 2002 by allowing the appointment of the chairperson and a member of an Appellate Tribunal, was introduced by Finance Minister P Chidambaram in the Lok Sabha on Friday.
Investments under the framework would remain voluntary for employees.
