'The larger and more opaque this shadow economy becomes, especially online, the greater the risk to India's national security.'
The Enforcement Directorate on Monday booked Karnataka Chief Minister Siddaramaiah and some others in a money-laundering case linked to the Mysuru Urban Development Authority, taking cognisance of a recent state Lokayukta first information report (FIR), official sources said.
The Enforcement Directorate on Friday withdrew its summons to a senior lawyer for reportedly giving legal advice in a case after the Supreme Court Advocates on Record Association (SCAORA) wrote to the chief justice of India for taking note of the action.
The ED on Wednesday had issued a fresh and the fifth summons to Kejriwal after he skipped four earlier summonses over the last four months.
The Enforcement Directorate has recently arrested Chandrashekhar in a fresh money laundering case linked to duping former Religare promoter Malvinder Singh's wife by posing as the Union home and law secretaries.
Jet Airways founder Naresh Goyal's cancer was at a preliminary stage and not life threatening, a special court said here on Thursday while refusing to grant him interim bail on medical grounds. The court, however, permitted Goyal, arrested in a money laundering case, to undergo cancer treatment at a hospital of his choice for two months. Goyal (74), who is lodged in Arthur Road jail in central Mumbai, had sought to be released on interim bail to undergo treatment for cancer.
ED officials said that Subhash was produced before a special PMLA court on Sunday morning and was sent to judicial custody.
A bench of Justices Abhay S Oka and Augustine George Masih, therefore, dismissed a plea of the Enforcement Directorate challenging a high court verdict that quashed the cognisance order of the agency's complaint (chargesheet) against two IAS officers.
Karnataka Chief Minister Siddaramaiah on Tuesday questioned the ED slapping a money laundering case against him in the MUDA 'scam' and once again ruled out his resignation over the issue.
The Lokpal was functioning without its regular chief since Pinaki Chandra Ghose completed his term on May 27, 2022.
The Enforcement Directorate (ED) is investigating the involvement of Canadian colleges and Indian entities in a money laundering case linked to the trafficking of Indians into the US from the borders of Canada. The probe stems from the death of an Indian family who died trying to illegally cross the Canada-US border in January 2022. The ED has alleged that accused individuals arranged admissions for Indians in Canadian colleges, but the students never joined the institutions after obtaining student visas. The ED has conducted searches at multiple locations in India and found that two entities were involved in facilitating admissions for Indians in foreign universities on a commission basis. The agency suspects that several Canadian colleges near the Canada-US border are involved in the trafficking racket.
The ED recently registered the money-laundering case against Karti Chidamabaram and others in the alleged scam about the issuance of visas to 263 Chinese nationals in 2011 when his father P Chidambaram was the home minister.
Justice Yashwant Varma issued notice to the investigating agency on Ayyub's petition against the provisional attachment and sought a response from it within six weeks.
The central agency has pressed charges under the Prevention of Money Laundering Act after taking cognisance of a FIR and charge sheet filed by the Gautam Buddh Nagar (Noida) district police in Uttar Pradesh last month against him and other linked to him.
The ED has charged the accused under various sections of the Indian Penal Code and the Prevention of Money Laundering Act (PMLA) in the over Rs 13,000 crore PNB scam case.
The Delhi high court on Friday said the trial court order granting bail to Chief Minister Arvind Kejriwal shall not be given effect to till it hears the Enforcement Directorate (ED)'s plea challenging the relief granted in the money laundering case linked to the alleged excise scam.
The Central Bureau of Investigation on Tuesday examined Delhi Chief Minister Arvind Kejriwal in Tihar Jail and recorded his statement related to the excise policy case.
A criminal case has been registered against the group by the agency in connection with non-payment of crores of rupees to depositors after it got some fresh reports in this regard from the Sebi.
The Enforcement Directorate has filed a money laundering complaint against ex-Mumbai Police Commissioner Sanjay Pandey and former NSE top bosses Chitra Ramkrishna and Ravi Narain in connection with the illegal phone tapping and snooping case of employees of the stock exchange, officials said Thursday. The federal probe agency filed the case under criminal sections of the Prevention of Money Laundering Act (PMLA), a week after the CBI booked them.
Raghav Magunta was taken into custody under the Prevention of Money Laundering Act (PMLA) on Friday evening, they said.
One of the lawyers of the chief minister said that they will be seeking urgent listing of the petition on Monday.
The agency recorded the statement of the 26-year-old man at its zonal office located at Ashok Marg in Lucknow for about seven hours.
The Supreme Court on Monday dismissed pleas of Tamil Nadu minister V Senthil Balaji and his wife Megala challenging the Madras high court order upholding his arrest in a money laundering case.
A special court in Mumbai on Monday extended Shiv Sena member of Parliament Sanjay Raut's judicial custody by another 14 days in a money laundering case linked to alleged irregularities in the redevelopment of a Mumbai 'chawl'.
The AAP hailed a Delhi court granting bail to Satyendar Jain describing the decision as a victory of truth and the defeat of another BJP "conspiracy".
The Enforcement Directorate late on Friday arrested Jet Airways founder Naresh Goyal in a money laundering case linked to an alleged bank fraud of Rs 538 crore at the Canara Bank, official sources said.
The Enforcement Directorate on Tuesday said it has attached over a dozen properties worth Rs 12.78 crore of suspended Trinamool Congress leader Shajahan Sheikh including bank deposits, an apartment, and agricultural and fishery land in Sandeshkhali and Kolkata in West Bengal.
In a relief to former Aam Aadmi Party communication in-charge Vijay Nair, the Supreme Court on Monday granted him bail after nearly 23 months of incarceration in a money laundering case stemming from the alleged Delhi excise policy scam, observing that liberty is 'sacrosanct' and needs to be respected in cases involving even stringent laws.
Soren pleaded before the court that he is a members of the assembly and has a right to participate in the special session.
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.
A Delhi court Friday dismissed the anticipatory bail plea of Congress MP Karti Chidambaram in a case registered by the Enforcement Directorate in the alleged Chinese Visas scam.
Delhi Chief Minister Arvind Kejriwal 'directly used' part of the alleged Rs 100 crore generated from the 'kickbacks' of the Delhi excise policy 'scam' by staying in a luxury hotel in Goa, the Enforcement Directorate (ED) has claimed in its charge sheet filed against the Aam Aadmi Party supremo.
The Enforcement Directorate (ED)'s plea seeking cancellation of bail granted to Shiv Sena (Uddhav Balasaheb Thackeray) MP Sanjay Raut by a special court in a money laundering case could not be heard by the Bombay high court on Thursday due to paucity of time.
The top court had come down heavily on the ED and said it is not expected to be "vindictive" in its conduct and must act with utmost probity and fairness.
Joint MD of the company Arun K Saha and MD of transportation network K Ramchand were arrested late evening in Mumbai under the Prevention of Money Laundering Act.
In August, the ED had raided the residential premises of former Ranbaxy CEO Malvinder Mohan Singh and his brother Shivinder Singh in connection with a money laundering case.
The court, in its order, said it appears from the report that accused has not cooperated with the investigation on the crucial aspect.
The Enforcement Directorate (ED) on Wednesday challenged the anticipatory bail granted to Robert Vadra, the son-in-law of former Congress president Sonia Gandhi, in a money laundering case, claiming non-compliance with bail conditions.
The Congress MP wrote to the investigating officer of the ED to allow him exemption from the questioning scheduled on Friday (June 17) as he wants to remain with his ailing mother, Sonia Gandhi.
The Opposition said the judgement will strengthen the hands of a government.
