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".
The agency also alleged that Deshmukh exercised undue influence to pass favourable transfers and postings of the police officials.
The Delhi high court on Thursday sought the Enforcement Directorate's response on the bail plea by Delhi-based freelance journalist Rajeev Sharma, who was arrested in connection with a money-laundering probe linked to alleged leakage and supply of sensitive information to Chinese intelligence officers.
The arrest comes after a video clip surfaced recently in social media, in which, Karnan, allegedly made objectionable remarks against judges and their wives.
Captain Bhoopendra Singh had also provided wrong information to his superiors and the police about the recovery made during the staged encounter, the charge sheet filed by the Special Investigation Team (SIT) of the Jammu and Kashmir Police before the chief judicial magistrate in Shopian said.
A start has been made to the Chakravyuh franchise and it is quite satisfying, notes Joginder Tuteja.
The ex-president returned to Sri Lanka on a Singapore Airlines flight.
A Thane court on Wednesday directed the Maharashtra Anti-Terrorism Squad (ATS) to stop its investigation into the death of businessman Mansukh Hiran and hand over case records to the National Investigation Agency immediately.
The chargesheet was filed by the agency early this month before a special Prevention of Money Laundering Act court in New Delhi and the Enforcement Directorate named Chandrashekhar, his wife Leena Maria Paul and six others in it.
'He (Khalid) can't be made to incarcerate in jail for infinity merely on account that others who were part of the mob have to be identified and arrested in the matter'
Additional Sessions Judge Sumit Dass also placed his anticipatory bail before the District and Sessions Judge which will now decide which court will hear the plea on Wednesday.
'Jack', 'John' and 'Alpha' were among the National Investigation Agency's protected witnesses who helped nail banned Jammu and Kashmir Liberation Front chief Yasin Malik.
When a trial for a murder is going on -- with no end in sight -- more than ten years after the crime took place, it will not feel like the murder happened yesterday.
A bench headed by Chief Justice Uday Umesh Lalit directed Kappan to remain in Delhi for the next six weeks after the release from an Uttar Pradesh prison.
They said Rajeev Shamsher Bahadur Saxena wanted in the Rs 3,600 crore AgustaWestland VVIP choppers money laundering case and lobbyist Deepak Talwar wanted by the Enforcement Directorate and the Central Bureau of Investigation in a case of misusing over Rs 90 crore taken through the foreign funding route, were brought in a special plane to Delhi around 1:30 am.
Rajiv Saxena, an accused in AgustaWestland chopper deal scam, was extradited from Dubai, UAE, to India .
Ranjeet Bachchan, 40, who had founded the little known Vishwa Hindu Mahasabha, was allegedly killed because he was "delaying" the proceedings to divorce his wife Smriti Srivastava, who wanted to marry Deepender.
A special court in Mumbai on Tuesday remanded Deepak Kochhar, husband of former ICICI Bank CEO Chanda Kochhar, to ED custody till October 17. Deepak Kochhar was arrested by the Enforcement Directorate in September under the Prevention of Money Laundering Act (PMLA) in the ICICI Bank-Videocon money laundering case.
Mallya's lawyer said he wants to return, but a British court has prohibited him from leaving the UK without its permission.
The case relates to the July 18, 2020 encounter at Amshipora in which three youths of Rajouri district -- Imtiyaz Ahmed, Abrar Ahmed and Mohammed Ibrar -- were killed and branded as terrorists.
Abhishek Banerjee, Trinamool Congress MP and nephew of West Bengal Chief Minister Mamata Banerjee, was questioned for about nine hours by the Enforcement Directorate (ED) in New Delhi on Monday in a money laundering case linked to an alleged coal pilferage scam in the state.
The Sessions Court judge presiding over the trial was appointed to this court just a few months ago. Annoyed at its slow pace, he is cracking the whip on the prosecution.
I don't think Rahul Mukerjea once referred to Sheena as killed or murdered and always referred to it as her disappearance. It felt like he still used the word 'disappear' because killed had a finality to it that he didn't want to face.
The consignment was imported by a trading company registered in Vijaywada in Andhra Pradesh.
Several women's rights activists, eminent citizens, intellectuals, writers and artistes had also penned an open letter to the chief justice demanding an apology and retraction of the remarks.
A Delhi Court on Thursday dismissed the bail application of Kashmiri separatist leader Shabbir Shah in a money laundering case related to alleged terror funding in Kashmir, saying the prosecution cannot be blamed for delay on account of COVID-19.
The federal agency has filed its case under the criminal sections of the Prevention of Money Laundering Act (PMLA) taking cognisance of a recent first information report (FIR) registered by the Central Bureau of Investigation (CBI) in the same case, they said.
A brief statement by Srinagar-based defence spokesperson Col Rajesh Kalia said there was no system of cash rewards for Army personnel for any acts in combat situations or otherwise in the line of duty.
A yellow-sari daintily clad Indrani was beaming broadly and it seemed like for the first time, for her, Rahul had done something right. Vaihayasi Pande Daniel reports from the Sheena Bora Murder Trial.
A Mumbai court on Tuesday rejected a bail plea of businessman Deepak Kochhar, husband of former ICICI Bank CEO Chanda Kochhar and an accused in a money laundering case. He was arrested by the Enforcement Directorate (ED) in September under the Prevention of Money Laundering Act (PMLA) in the alleged ICICI Bank-Videocon money laundering case. Special PMLA judge P P Rajvaidya rejected the `regular' bail application of Deepak Kochhar, filed on merits of the case as against technical grounds.
Taking a cue from judicial precedent of Gujarat's Godhra riots cases, a Delhi court on Tuesday ordered separation of trial of accused on the ground of their faith in a murder of a 24-year-old man during the north-east Delhi communal riots, saying there was an "assortment" of undertrials and one trial would prejudice their defence as they belong to Hindu and Muslim religions.
'The consolation is that in recent years, the focus at the time of the anniversary has been increasingly shifting from Indira Gandhi's assassination to the plight of the thousands of innocent Sikhs who had been killed in retaliation,' Manoj Mitta, co-author of When a Tree Shook Delhi: The 1984 Carnage and its Aftermath, tells Prasanna D Zore/Rediff.com.
The Delhi high court on Wednesday delivered a split verdict on the issue of criminalisation of marital rape and granted leave to the parties to file an appeal before the Supreme Court.
Rizvi, the long serving legal advisor of the board, made it clear he had initiated defamation and criminal proceedings against Akhtar and also lodged a complaint with the Federal Investigation Agency under its cyber crime laws.
A Chinese national apprehended while trying to cross the India-Bangladesh border illegally has told the investigators that he and his associates have smuggled as many as 1,300 Indian SIM cards into their country by hiding them in undergarments, the BSF said.
Pinky Irani alias Angel, 53, was arrested in this case by the agency in December last year. She was recently granted bail by a Delhi court.
Congress leader Priyanka Gandhi Vadra, who arrived Bahraich on Thursday to meet the families of two farmers killed in the Lakhimpur Kheri violence, said by allowing Union minister Ajay Kumar Mishra to continue on the post, the Centre is giving the message that those in power can do anything.
The Supreme Court on Monday said it would hear on July 20 a plea by Alt News co-founder Mohammed Zubair, seeking to quash FIRs lodged against him in Uttar Pradesh for allegedly outraging religious feelings, and directed that no precipitative steps be taken against him in the meantime.
Thar fails to ignite any excitement on screen, sighs Sukanya Verma.
Gehraiyaan seems to be aurally thin, which serves as a clue to the larger issues plaguing the movie, observes Rohit Sathish Nair.
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