Tag: Ed Raid

More than 100 PFI leaders have been detained by the two probe agencies, but there has been no official confirmation by the ED and NIA.

An official said that the company duped banks and took loans to the tune of Rs 2296.58 crore.

The cash was seized from the Garden Reach residence of city-based businessman Amir Khan, who allegedly launched a mobile gaming application named E-Nuggets, which was designed for the purpose of defrauding the public.

Raut has been asked to depose at the agency's regional office in Mumbai.

The ED said that out of the total sale proceeds of Rs 1,25,185 crore, Vivo India remitted Rs 62,476 crore -- almost 50 per cent of the turnover out of India, mainly to China.

Wang Xiaojian, counsellor and spokesperson from the Chinese Embassy in India, said the frequent investigations by Indian authorities into Chinese enterprises "chill the confidence and willingness of market entities from other countries.

The ED said that it conducted a search operation on June 6, 2022 at the premises of Jain, his wife and accomplices who had either directly or indirectly assisted him or participated in the processes of money laundering.

The shock attachments are part of the ED probe into the Rs 1,034-crore Patra Chawl land-scam case in which Raut's friend Pravin Raut was arrested and a charge sheet filed in the matter.

"Documents related to properties and buildings worth Rs 23 crore were seized," said the ED official.

The ED initiated a money-laundering investigation on the basis of this FIR. The ED formed a team of elite officials and started probing the matter. They said that they have got some crucial evidence against Jajodia.

Another about Rs 2 crore has been seized from the premises linked to a person identified as Sandeep Kumar, they said.

Mumbai: The Enforcement Directorate on Friday raided the Mumbai residence of Yes Bank founder Rana Kapoor in connection with a money-laundering probe against him and others, officials said. They said the raid is being carried out at his Samudra Mahal residence in Worli. Kapoor is being questioned at his home by the ED team, the […]