Thapar, 60, was arrested under the Prevention of Money Laundering Act (PMLA) on Tuesday night after the agency carried out raids against him and his linked businesses in Delhi and Mumbai, they said. He is expected to be produced before a court on Wednesday where the ED will seek his custody, they added. The ED has been probing an alleged transaction between his company Avantha Realty, Yes Bank co-founder Rana Kapoor and his wife, who are already being investigated under the PMLA by the agency.
A special court in Mumbai on Friday granted bail to dismissed police officer Sachin Waze in an alleged money laundering case linked to former Maharashtra minister Anil Deshmukh.
The Supreme Court on Friday ordered withdrawal of the Look Out Circular (LOC) issued against Trinamool Congress MP Abhishek Banerjee and his wife Rujira in connection with the money laundering cases against them linked to an alleged coal smuggling scam in West Bengal.
The Supreme Court on Friday declared JSW Steel Limited's resolution plan for Bhushan Power & Steel Limited (BPSL) "illegal" and ordered the latter's liquidation, four years after the company was acquired by JSW Steel under the Insolvency and Bankruptcy Code (IBC). Following the ruling, JSW Steel shares fell sharply.
The agency made the disclosure in a chargesheet filed by it on May 10 against former Telangana chief minister and Bharat Rashtra Samithi leader K Chandrashekar Rao's MLC daughter K Kavitha and four others.
The Delhi High Court Tuesday restrained the Enforcement Directorate from taking any further action pursuant to the attachment of Amnesty International India's funds in connection with a money laundering case.
Officials said the 36-year-old actor was examined for four hours in Delhi as a witness in the case and her statement was recorded under the provisions of the Prevention of Money Laundering Act.
The authority said in its order that it believes that the movable assets and equity shares that were attached by the ED are proceeds of crime and linked to the offence of money laundering.
Karnataka Congress president D K Shivakumar on Monday appeared before the Enforcement Directorate in Delhi for a fresh round of questioning in the National Herald money laundering case.
Recorded versions or bhajans being recited by those present at the temples were played out at around 5 am to counter the morning azaan being recited on the loudspeakers.
A bench of justices Sanjiv Khanna and Dipankar Datta referred to a larger bench, preferably of five judges, for in-depth consideration of three questions on the aspect of "need and necessity of arrest" under the Prevention of Money Laundering Act (PMLA).
The agency, sources said, has issued the notices under the Prevention of Money Laundering Act (PMLA) and they have summoned the accused to examine them and record their statements.
A bench of Justices Manoj Misra and SVN Bhatti made the observation while disposing of Jain's plea against the high court's decision of adjourning the hearing of his bail application for six weeks.
Satish Uke has filed several petitions against BJP leaders, especially former Maharashtra chief minister Fadnavis.
The officials said several "incriminating" documents have been seized during the searches, which reveal the "large-scale conversion" allegedly carried out by Umar Gautam and his organisations across India.
The ED, which is probing 'illegal' sand mining under the Prevention of Money Laundering Act apprised the court that it is in possession of credible scientific evidence.
Sources claimed 48-year-old Soren was "evasive" in his replies during his questioning and hence was taken into custody under the Prevention of Money Laundering Act.
The two federal agencies came in for some sharp criticism over the "fairness" of their investigation, with the apex court observing "Sorry to see this state of affairs".
Kejriwal (55) has been issued the summons under the Prevention of Money Laundering Act and according to the sources, the agency will record his statement once he deposes before the investigating officer of the case in Delhi.
The Enforcement Directorate (ED) has arrested Shiv Sena MP Sanjay Raut in a money laundering case linked to alleged irregularities in the redevelopment of a Mumbai 'chawl', officials said.
Nitin Bhatnagar, a Maltese citizen and a former relationship manager of the Bank of Singapore, was taken into custody under the provisions of the Prevention of Money Laundering Act on Tuesday.
The agency is also preparing to analyse the details of assets of the Kochhars and others so that they can be provisionally attached under the Prevention of Money Laundering Act
The ED also alleged that Kejriwal, during his questioning, said AAP communication in-charge Vijay Nair 'did not report to him' but to his cabinet colleagues Atishi and Saurabh Bharadwaj and that his interaction with Nair was 'limited'.
A bench of Justices Aniruddha Bose and Sanjay Karol agreed to list the matter for hearing on May 26, after senior advocate Abhishek Singhvi, appearing for Jain, sought urgent listing of the plea on health grounds.
Occupants were served eviction orders in April this year
Jharkhand mining secretary Pooja Singhal, earlier arrested and remanded to the custody of the ED in a suspected money laundering case, was suspended by the Jharkhand government on Thursday, an official said.
The federal probe agency obtained these receipts from two Ranchi-based dealers and attached those to its charge sheet filed against the 48-year-old Jharkhand Mukti Morcha (JMM) leader and four others last month.
Ambani's group companies are stated to have taken loans of about Rs 12,800 crore from the bank that turned NPAs.
The apex court's order came hours after the high court extended Chidambaram's protection from arrest in the ED case from March 20 to March 22.
A special court in Mumbai denied bail to businessman Sujit Patkar, an aide of Shiv Sena (UBT) MP Sanjay Raut, in the alleged COVID treatment centres scam. The court found that Patkar played with the "life of people" by under-deployment of doctors and staff to generate proceeds of crime. The Enforcement Directorate (ED) alleged that Patkar's firm, Lifeline Hospital Management, fraudulently obtained a contract for supplying medical staff at Dahisar and Worli Jumbo Covid facilities during the pandemic, resulting in the generation of proceeds of crime (PoC) amounting to Rs 32.44 crore. The court noted that there are ample statements of the witnesses to show that a list of more staff members was prepared than being deployed on the instructions of Patkar.
Since arraignment under money laundering is a tougher offence, the CBDT hopes it will also overcome its dismal score sheet to prove satisfactorily to the courts that these cases were genuine ones of tax evasion.
She has been called again on Wednesday for a fresh round of grilling.
Anand Sharma said weaponisation of laws and their use to target and humiliate people should not happen.
'Once filed, it cannot be revised or rectified.'
The attached assets include 15 commercial and residential properties belonging to the 'family members' of Mirchi. They include a hotel called Midwest Hotel Apartment, the ED said. They are valued at Rs 203.27 crore and have been provisionally attached under the Prevention of Money Laundering Act (PMLA), the central probe agency said in a statement.
A three-judge bench headed by Justice Sanjay Kishan Kaul was hearing the pleas seeking reconsideration of the July 27, 2022 verdict by a three-judge bench on certain parameters.
The probe pertains to alleged financial irregularities in the Congress-promoted Young Indian Private Limited, which owns the National Herald newspaper.
A special court in Mumbai on Friday declared three family members of late gangster Iqbal Mirchi as 'fugitive economic offenders' under the provisions of a criminal law by the same name, official sources said.
The 34-year-old TMC national general secretary was seen entering the new office of the central probe agency in central Delhi around 11 am.
ED filed a bulky prosecution investigation report before the XXI Additional Chief Metropolitan Magistrate cum Special Sessions Judge here today seeking to "prosecute the accused for the offence of money laundering" under the Prevention of Money Laundering Act.
