A special PMLA court in Bengaluru has convicted a retired Karnataka Excise Department guard, M Ramchandra, and his daughter, R Yurekha, on money laundering charges. Ramchandra received five years rigorous imprisonment and a Rs 5 lakh fine, while Yurekha received three years rigorous imprisonment and a Rs 3 lakh fine. Five immovable properties were also confiscated. The case stemmed from a 2009 ED investigation based on a Lokayukta Police complaint regarding disproportionate assets.
The Supreme Court has sought responses from the Centre and state governments on a Public Interest Litigation (PIL) advocating for the confiscation of movable and immovable property belonging to individuals and their family members involved in exam question paper leak cases. The plea also calls for invoking various anti-corruption and financial crime acts against perpetrators and suggests consecutive sentencing for such offences.
Punjab Chief Minister Bhagwant Mann announced the state government will introduce an anti-drug law allowing for the confiscation of drug smugglers' properties. Mann criticised previous administrations for enabling drug trafficking and highlighted the enactment of an anti-sacrilege law, promising stricter measures against sacrilege and drug-related offences.
Punjab Chief Minister Bhagwant Mann announced the state government will introduce a stringent anti-drug law allowing for the confiscation of drug smugglers' properties. Mann criticised previous administrations for allegedly enabling the drug trade and vowed stricter penalties for sacrilege. He also accused the BJP of divisive politics and criticised the Akali Dal for alleged political manipulation of religious institutions.
A special NIA court in Mumbai has issued a proclamation order against three wanted accused in the 2014 ISIS link case, threatening property confiscation if they fail to appear before the court.
A Delhi court has ordered the confiscation of several properties belonging to UK-based arms consultant Sanjay Bhandari under the Fugitive Economic Offenders Act, following his declaration as a fugitive in a money laundering case.
Uttar Pradesh has significantly ramped up its efforts against narcotics trafficking, confiscating properties worth approximately Rs 78.5 crore in 69 cases this year. This marks a more than fourfold increase from the previous year, with authorities also initiating detention proceedings under the PIT-NDPS Act to dismantle drug networks and target assets acquired through illegal trade.
The Enforcement Directorate (ED) has filed a chargesheet against FIITJEE and its directors, Dinesh Kumar Goel and Monila Goel, on money laundering charges. The case involves the alleged misappropriation of over Rs 85 crore collected from students for coaching programmes. The ED seeks their conviction under the PMLA and confiscation of properties worth Rs 71.88 crore.
Uttar Pradesh Chief Minister Yogi Adityanath announced the renaming of Kasari-Masari, a former stronghold of gangster Atiq Ahmed, to Shrikrishnapuri. The area in Prayagraj will see the construction of 1,200 homes for poor families on land reclaimed from the mafia leader. Adityanath reiterated his government's "zero-tolerance" policy against criminals and highlighted development initiatives.
Police in Jammu and Kashmir's Doda district attached a property allegedly acquired through narcotics trafficking as part of the 'Nasha Mukt Jammu Kashmir Abhiyaan'. The property belonged to drug peddler Yasir Ahmed Shah and the action aims to dismantle financial networks linked to narco-trafficking.
Lieutenant Governor Manoj Sinha announced strict measures to combat drug trafficking in Jammu and Kashmir, including property confiscation and document revocation.
The Enforcement Directorate (ED) Director, Rahul Navin, has issued directives to intensify action against Insolvency and Bankruptcy Code (IBC) frauds involving "large haircuts" and to address delays in police registering FIRs based on ED's requests. The agency also aims to fast-track high-profile trials under the Prevention of Money Laundering Act (PMLA) and enhance internal coordination and efficiency.
After confiscating the assets of six corrupt government officials in Bihar, the state government has sought the court's permission to confiscate the assets of 40 corrupt officials.
Rajasthan Police has launched a significant crackdown on organised crime, initiating proceedings to attach illegally acquired assets worth over Rs 220 crore. The action targets 636 criminals, including drug traffickers, and involves asset seizures, demolition drives, and the use of new legal provisions to dismantle economic networks and return confiscated properties to victims.
Hasina expressed a desire to face consequences on her home soil, where her parents are buried, amidst repression against her party workers.
The Enforcement Directorate has reported a staggering 170 per cent surge in asset attachments, reaching 81,422 crore in the last financial year (FY26), underscoring its intensified efforts against financial crimes and its significant role in restituting funds to victims.
Bihar Police have reported an increase in attacks on their personnel during an intensified crackdown on criminals. The police reject allegations of caste-based targeting and assert their commitment to law enforcement.
The Bombay High Court has ruled that the Prevention of Money Laundering Act (PMLA) takes precedence over debt recovery laws like SARFAESI and RDB Acts when it comes to the attachment of proceeds of crime.
Police in Surat, Gujarat, have seized a large quantity of fake ghee and arrested two individuals following a raid on a factory producing the adulterated product.
Jammu and Kashmir Police have seized properties worth over Rs 55 lakh belonging to two drug peddlers in Rajouri and Udhampur districts as part of an ongoing crackdown on narcotics.
China executed Bai Tianhui, a former top official of a state-owned financial firm, for accepting bribes totaling CNY 1.108 billion (about USD 157 million).
An anti-terrorism court in Pakistan has sentenced 47 Pakistan Tehreek-e-Insaf (PTI) leaders and supporters to 10 years in prison for their involvement in vandalism and violence during a protest in May 2023.
'Always keep accurate and transparent records of the source of the investment or property's funding: Loan agreements, transfer records of the property, and bank statements of co-owners if available.'
Two former Chinese defence ministers, Wei Fenghe and Li Shangfu, were sentenced to death with a two-year reprieve over graft charges, official media reported.
The National Investigation Agency (NIA) has filed a supplementary chargesheet against Areeb Majeed, adding a charge of raising funds for terrorist activities in connection with the 2014 ISIS link case.
The Supreme Court of India has dismissed a plea filed by the legal heir of former Tamil Nadu chief minister J Jayalalithaa seeking the return of properties confiscated in a corruption case against her. The court stated that the abatement of proceedings due to her death did not mean she was acquitted of the crime. The court upheld the confiscation of her properties, including her iconic residence, Veda Nilayam, land parcels, estates, bank deposits, and other assets, which will be transferred to the Tamil Nadu government.
The next hearing on ED's application before the special court, seeking permission to start confiscation proceedings, is scheduled for April 8.
Troubles for Bharatiya Janata Party MLA Sonelal Hembrum in Bihar is likely to escalate with the state vigilance bureau filing a petition in the special vigilance court seeking permission to confiscate his property in a corruption case, officials said on Saturday.
Rashid Naseem, wanted in India for an alleged investment fraud, has been arrested in Dubai following an Interpol Red Notice and extradition request.
Uttar Pradesh Chief Minister Yogi Adityanath attributed the state's 'BIMARU' (sick) status to corruption during previous governments, emphasising the need for transparency and meritocracy in recruitment processes. He highlighted improvements in medical facilities and increased government job opportunities for young people in Uttar Pradesh.
The Enforcement Directorate (ED) has filed a chargesheet in the Associated Journals Limited-Young Indian-National Herald money-laundering case, seeking confiscation of assets worth Rs 661 crore and appending statements of Congress leaders Sonia Gandhi and Rahul Gandhi. The agency has accused the Gandhis of orchestrating a conspiracy to illegally obtain the underlying assets of AJL by the beneficial owners of YI (Sonia Gandhi and Rahul Gandhi). Both Sonia Gandhi and Rahul Gandhi have denied any wrongdoing and said the takeover of Associated Journals Limited (AJL) by Young Indian (YI) was not for commercial purposes. The Congress has slammed the chargesheet, alleging that the ED action against its leaders shows panic and moral bankruptcy of the "despotic" government, while the BJP has continued to call out the role of the Gandhi family in the matter.
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The Enforcement Directorate (ED) reports a decline in traditional financial crimes due to sustained investigative actions and government initiatives, while highlighting emerging challenges like cryptocurrency fraud and terror financing.
Punjab's AAP government is aggressively tackling drug trafficking through strict enforcement, community involvement, and preventive education, resulting in significant arrests, seizures, and a high conviction rate.
Tightening its noose around Canada-based 'designated individual terrorist' Gurpatwant Singh Pannu, the National Investigation Agency (NIA) confiscated a house and land of the self-styled general counsel of the outlawed Sikhs for Justice (SFJ) outfit in Punjab's Amritsar and the Union Territory of Chandigarh on Saturday, an official said.
The Maharashtra legislature has passed a special bill, the Maharashtra Special Public Security Bill, 2024, to curb activities of Left-wing extremist organizations, introducing strict measures and penalties for individuals and organizations involved in unlawful activities.
The Jammu and Kashmir high court has directed the state government to enact laws providing for confiscation of wealth and properties raised through corrupt practices while terming corruption as a "hydra-headed monster" eating into the vitals of economic and social fabric.
Uttar Pradesh Director General of Police Rajeev Krishna has directed officers to strengthen preventive policing and ensure timely disposal of investigations across the state.
Opposition parties cry foul over the list drawn up by the police. They allege that the list targets criminals only from the Muslim community and the Yadav caste. M I Khan reports.
In its report, 'Asset Recovery Guidance and Best Practices', the global money laundering and terrorist financing watchdog, shared multiple examples from cases investigated by the ED, citing them as models of effective asset recovery practice and inter-agency coordination.
