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The attached assets -- including fixed deposits, bank balances, residential flats, a commercial office and agricultural land -- are linked to the bank's former chairman Hiren Bhanu and his family members. The action has been taken under provisions of the Prevention of Money Laundering Act (PMLA), officials said on Wednesday. The ED initiated its probe last year based on an FIR registered by the Mumbai Police's Economic Offences Wing (EOW), after the alleged fraud came to light in February follo ...Read More >
New Delhi [India], April 8 (ANI): The Delhi High Court on Wednesday dismissed the plea moved by Christian Michel James, challenging Article 17 of the UAE-India Extradition treaty. He is an accused in the Augusta Westland Chopper deal corruption and money laundering case. Division bench of justices Navin Chawla and Ravinder Dudeja dismissed the plea and said, "We find no merit in the petition." The detailed order of judgement is to be uploaded by the High Court. Michel had claimed that the inve ...Read More >
Siddiqui was produced before Additional Sessions Judge Sheetal Chaudhary Pradhan on Saturday, at the conclusion of his ten-day ED custody granted on March 25. He has now been sent to judicial custody till April 17. On March 24, the ED arrested Siddiqui in his second case under the Prevention of Money Laundering Act . Their probe found that "forged" documents were prepared and used for fraudulent acquisition of land, and Siddiqui, director and majority shareholder of Tarbia Education Foundation, ...Read More >
New Delhi, Apr 7 (PTI) A Delhi court on Tuesday granted bail to alleged conman Sukesh Chandrasekhar in an ED case related to the AIADMK's "two leaves" election symbol, noting that he had undergone detention exceeding half of the maximum seven-year sentence prescribed under the Prevention of Money Laundering Act. Special Judge Vishal Gogne said the court's decisions cannot "preach liberty", the most sacrosanct constitutional norm, while "playing footsie with the state upon the bogey of special l ...Read More >
New Delhi, Apr 7 (PTI) The Enforcement Directorate on Tuesday said it has attached a house in Delhi's Jamia Nagar, agricultural land in Faridabad, and several bank deposits, worth more than Rs 39 crore, as part of a money laundering probe against Al-Falah Group chairman Jawad Ahmad Siddiqui and his charitable trust. Al-Falah University, based in Haryana's Faridabad, came under the scanner of probe agencies during an investigation into a 'white-collar' terror module linked to the November 10, 20 ...Read More >
New Delhi: The Enforcement Directorate has attached a house in Delhi's Jamia Nagar, agricultural land in Faridabad, and several bank deposits, worth more than Rs 39 crore all told, as part of a money laundering probe against Al Falah Group chairman Jawad Ahmad Siddiqui, sources said on Tuesday. A provisional attachment order has been issued by the federal probe agency to freeze these properties under the provisions of the Prevention of Money Laundering Act (PMLA). The assets include a house in ...Read More >
New Delhi, Apr 7 (PTI) The Enforcement Directorate has attached a house in Delhi's Jamia Nagar, agricultural land in Faridabad, and several bank deposits, worth more than Rs 39 crore all told, as part of a money laundering probe against Al Falah Group chairman Jawad Ahmad Siddiqui, sources said on Tuesday. A provisional attachment order has been issued by the federal probe agency to freeze these properties under the provisions of the Prevention of Money Laundering Act (PMLA). The assets includ ...Read More >
The Election Commission is expected to review the complaint In a fresh political development in Assam, a Congress delegation led by former Chhattisgarh Chief Minister Bhupesh Baghel on Monday filed a complaint before the Chief Electoral Officer (CEO) in Guwahati against Assam Chief Minister and BJP candidate from Jalukbari constituency, Himanta Biswa Sarma. The delegation included Congress candidate from Jalukbari Smt. Bidisha Neog and Guwahati City District Congress President Swapan Das. The ...Read More >
Guwahati: The Congress on Monday approached the Election Commission, seeking cancellation of Assam Chief Minister Himanta Biswa Sarma's candidature. The congress alleged that he failed to disclose his wife's purported offshore assets in his election affidavit. The complaint was filed with Chief Election Commissioner Gyanesh Kumar by Congress candidate Bidisha Neog, who is contesting against Sarma from the Jalukbari constituency. The party has also demanded a probe into the alleged "suppression ...Read More >
Guwahati: The Congress filed a complaint with the Election Commission on Monday, demanding the cancellation of Chief Minister Himanta Biswa Sarma's candidature, contending that he did not mention his wife's alleged offshore assets in the poll affidavit. The move by the opposition party came a day after it posed three questions to the Assam CM -- whether his wife or family owns property in Dubai, has companies in Wyoming in the USA, or has placed their assets in shell companies. Sarma has denied ...Read More >
Guwahati: The Congress on Monday, 6 April, approached the Election Commission, seeking cancellation of Chief Minister Himanta Biswa Sarma's nomination, alleging that his poll affidavit did not include details of his wife's purported overseas assets. The complaint follows a set of questions raised by the party a day earlier, asking whether Sarma's wife or family holds property in Dubai, operates companies in Wyoming in the United States, or has investments routed through shell firms. The Chief M ...Read More >
Guwahati, Apr 6: The Congress on Monday filed a complaint with the Election Commission of India seeking cancellation of the nomination of Assam Chief Minister Himanta Biswa Sarma, alleging non-disclosure of his wife's purported offshore assets in his election affidavit. The complaint, submitted to Chief Election Commissioner Gyanesh Kumar by Congress candidate Bidisha Neog, who is contesting against Sarma from the Jalukbari constituency, also called for a probe into the alleged "suppression of ...Read More >
Guwahati, Apr 6 (PTI) The Congress filed a complaint with the Election Commission on Monday, demanding the cancellation of Chief Minister Himanta Biswa Sarma's candidature, contending that he did not mention his wife's alleged offshore assets in the poll affidavit. The move by the opposition party came a day after it posed three questions to the Assam CM -- whether his wife or family owns property in Dubai, has companies in Wyoming in the USA, or has placed their assets in shell companies. Sarm ...Read More >
New Delhi: A Delhi court on Saturday remanded Al-Falah group chairman Jawad Ahmad Siddiqui in 14 days of judicial custody, in connection with a money laundering case linked to the "fraudulent" acquisition of a Rs 45 crore worth land in Delhi. Siddiqui was produced before Additional Sessions Judge Sheetal Chaudhary Pradhan on Saturday, at the conclusion of his ten-day ED custody granted on March 25. He has now been sent to judicial custody till April 17. On March 24, the ED arrested Siddiqui in ...Read More >
New Delhi [India], April 4 (ANI): The Rouse Avenue court on Saturday reserved an order on the cognisance of the Enforcement Directorate's chargesheet against Robert Vadra and seven others. The court will pronounce an order on the cognisance on April 15. This case is connected with the Shikohpur Gurugram Land deal. Special Judge Sushant Changotra reserved order on cognisance after hearing rebuttal arguements by ASG S V Raju, assisted by Special Counsel Zoheb Hossain, Special Public Prosecutor NK ...Read More >
New Delhi: A Delhi court on Saturday remanded Al-Falah group chairman Jawad Ahmad Siddiqui in 14 days of judicial custody, in connection with a money laundering case linked to the "fraudulent" acquisition of a Rs 45 crore worth land in Delhi. Siddiqui was produced before Additional Sessions Judge Sheetal Chaudhary Pradhan on Saturday, at the conclusion of his ten-day ED custody granted on March 25. He has now been sent to judicial custody till April 17. Also Read: ED arrests Al Falah group cha ...Read More >
Following the discharge in the primary CBI case, special judge Rajeev Goyal also closed the Enforcement Directorate's (ED) money-laundering complaint against the accused. Hooda, 78, appeared in person during the proceedings, which effectively terminate a decade of litigation involving allegations of corruption, cheating, and criminal conspiracy. The court's decision follows a February 25 ruling by the Punjab and Haryana high court, which set aside a 2021 order that had originally framed charge ...Read More >
Panchkula, Apr 3 (PTI) A special court in Panchkula on Friday discharged former Haryana chief minister Bhupinder Singh Hooda and the Associated Journals Limited in a money laundering case linked to re-allotment of a plot in Panchkula, after closing the Enforcement Directorate's case against them. The order follows a ruling by the Punjab and Haryana High Court dated February 25, which set aside a 2021 order that had framed charges against Hooda and others in the case. Congress veteran Hooda app ...Read More >
Chandigarh, April 3 (SocialNews.XYZ) A trial court in Haryana's Panchkula on Friday closed the Enforcement Directorate's complaint against Congress leader and two-time Chief Minister Bhupinder Singh Hooda and Associated Journals Ltd (AJL) regarding the re-allotment of an institutional plot at old rates in 2005. AJL is linked to Congress leaders Sonia Gandhi and Rahul Gandhi. Special Judge under the Prevention of Money Laundering Act (PMLA), Rajeev Goyal, closed the ED's complaint against Hooda ...Read More >
The Delhi high court on Thursday granted a final opportunity to former Delhi chief minister Arvind Kejriwal and other respondents to file their replies in the Enforcement Directorate's (ED) petition seeking expunging of adverse observations made by a trial court while discharging them in the excise policy case. A bench of justice Swarana Kanta Sharma issued the direction after counsel appearing for Kejriwal and others sought additional time to submit their responses. The court was informed that ...Read More >
New Delhi: The Delhi High Court on Thursday gave a final opportunity to former chief minister Arvind Kejriwal, his deputy Manish Sisodia and others to respond to a plea by the Enforcement Directorate to expunge "unwarranted" remarks made against it by the trial court while discharging them in the liquor policy case. Observing that none of the respondents, except one, filed their responses even after seeking time on the last date of hearing, Justice Swarana Kanta Sharma said the court will hear ...Read More >
The Enforcement Directorate (ED) Wednesday raided six locations in Kolkata, including the residence of history-sheeter Biswajit Poddar alias Sona Pappu in Ballygunge and that of his close associate Rahul Das, in connection with a land-grabbing case. The agency is investigating a housing scam, focusing on allegations of land grabbing, illegal construction, and extortion. It is alleged that Sona Pappu and his associates ran an extortion racket under the guise of real estate promotion, and that th ...Read More >
Kolkata/New Delhi, Apr 1 (PTI) The Enforcement Directorate on Wednesday seized about Rs 1.2 crore in cash and a country-made pistol during searches in Kolkata as part of a money laundering investigation against an alleged criminal and his linked syndicate, official sources said. The action is being taken in the case against Biswajit Poddar alias Sona Pappu, who is booked in multiple cases of attempted murder and extortion, they said. The ED action has come amid two-phase assembly polls in West ...Read More >
New Delhi [India], April 1 (ANI): The Delhi High Court on Wednesday issued notice to former Delhi Chief Minister and AAP leader Arvind Kejriwal on a plea filed by the Enforcement Directorate (ED) challenging his acquittal in cases related to alleged non-compliance with summons issued under the Prevention of Money Laundering Act (PMLA) in the excise policy matter. The matter was taken up by Justice Swarana Kanta Sharma. The Court noted that despite advance notice, no one appeared on behalf of Ke ...Read More >
New Delhi, Apr 1 (PTI) The Enforcement Directorate on Wednesday conducted searches at multiple premises in Kolkata as part of a money laundering investigation against an alleged criminal and linked syndicate, official sources said. The state is poll-bound and two phase polling for the West Bengal assembly will be held on April 23 and April 29. About eight premises, including the residence and commercial premises of Podder in the Ballygunge area, and that of Babu Sona alias Rahul Das, Sun Group ...Read More >
Agartala: The Directorate of Enforcement (ED) has filed three prosecution complaints in Tripura in connection with large-scale smuggling and trafficking of narcotic drugs and psychotropic substances, officials said on Tuesday. The complaints have been filed under Sections 44 and 45 of the Prevention of Money Laundering Act, 2002, before the Special Court (PMLA) in West Tripura against a total of 14 accused persons. The cases arise from offences registered under the Narcotic Drugs and Psychotro ...Read More >
The Enforcement Directorate has recovered and restored ₹15,000 crore to a Supreme Court-appointed committee, offering hope to investors defrauded by the massive PACL Ponzi scheme. IMAGE: Illustration: Uttam Ghosh/Rediff.comKey PointsThe Enforcement Directorate (ED) has restored over ₹15,000 crore to a Supreme Court committee for victims of the PACL Ponzi scheme.The PACL (Pearls Group) Ponzi scheme allegedly defrauded investors of approximately ₹48,000 crore.A special PMLA court ordered the ...Read More >
New Delhi, March 30 (SocialNews.XYZ) The Enforcement Directorate has investigated 1,105 bank fraud cases under the Prevention of Money Laundering Act (PMLA) and has attached proceeds of crime worth Rs 64,920 crore, Finance Minister Nirmala Sitharaman said in the Lok Sabha on Monday. She also said that action had been taken under the Fugitive Economic Offenders Act (FEOA) against those evading Indian law by staying abroad. This was a reference to high-profile cases such as the Nirav Modi case, ...Read More >
Mumbai, March 30: The Enforcement Directorate (ED) has provisionally attached immovable assets worth Rs 271.48 crore in a money laundering probe linked to alleged cheating and fund diversion involving a listed real estate company. Assets attached under PMLA The attached assets, comprising land parcels in Panvel and Shahapur talukas of Maharashtra, were attached on March 26 under provisions of the Prevention of Money Laundering Act (PMLA). The action is part of an ongoing investigation against ...Read More >
Kolkata, Feb 16 (SocialNews.XYZ) The Enforcement Directorate (ED), which is investigating the multi-crore coal smuggling case in West Bengal, is also currently examining the hawala aspect related to the diversion of illicit proceeds overseas. Sources aware of the development said the investigating officials have secured some specific information that part of the proceeds of the crime in the alleged scam were diverted to neighbouring Bangladesh and Dubai through the hawala route. The probe offi ...Read More >
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