Tag: Money Laundering Case

New Delhi: Popular disc jockey DJ Aqeel, the son-in-law of actor-director Sanjay Khan, on Monday skipped an Enforcement Directorate’s summons in the Rs 8,100 crore Sterling Biotech loan fraud case. A senior ED official told IANS: “Aqeel has not appeared before the agency today. He is not complying with the agency’s order.” Aqeel, who is […]

New Delhi: The Enforcement Directorate on Thursday said it has attached properties totalling Rs 200 crore of different companies of the Basil International Ltd in several states in its probe into a ponzi scheme case. In a statement, the agency said: “The ED has attached assets to the tune of Rs 200 crore under the […]

London: Fugitive diamond merchant Nirav Modi, wanted in India in connection with the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, was on Thursday further remanded to judicial custody until September 19. During a short remand hearing at Westminster Magistrates’ Court via videolink from Wandsworth prison, the judge extended Modi’s […]

Mumbai: Jailed media baron Indrani Mukerjea, the prime accused in the killing of her daughter, on Thursday termed the arrest of former Union finance minister P Chidambaram in the INX media money laundering case as “good news”. Chidambaram was arrested on August 21 by the CBI in the INX Media corruption and money laundering case. […]

New Delhi: The Enforcement Directorate Wednesday arrested Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath, in a money laundering case related to the AgustaWestland chopper scam. Puri, already in judicial custody in a separate money laundering case related to an alleged bank loan fraud, was produced before a Delhi court in pursuance to […]

New Delhi: The Enforcement Directorate (ED) here on Thursday questioned for six hours Aishwarya, daughter of former Karnataka Minister and senior Congress leader D.K. Shivakumar in a money laundering case. Aishwarya, summoned by the ED on Tuesday, appeared before the financial probe agency around 10.40 a.m and was questioned for over six hours. Shivakumar was […]

New Delhi: The Enforcement Directorate (ED) has attached immovable properties worth Rs 4,025.23 crore of Bhushan Power and Steel Limited (BPSL) in a money laundering case against the firm for siphoning off funds obtained as loans from various banks and financial institutions, the agency said on Saturday. The attached assets include land, building, plant and […]

New Delhi: The Enforcement Directorate on Friday arrested former Bhushan Power and Steel Ltd CMD Sanjay Singal in connection with its probe in a multi-crore money laundering case linked to an alleged bank loan fraud. According to ED officials, Singal was arrested under the Prevention of Money Laundering Act (PMLA) after he was questioned for […]

New Delhi: Vitriolic Islamic preacher Zakir Naik, who is living in exile in Malaysia, has claimed that the NDA government at the Centre offered to shelve money laundering charges against him and give him safe passage in return for his support to abrogate Article 370. In a statement issued by Naik’s team on Saturday, the […]

London: Fugitive diamond merchant Nirav Modi, fighting extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case, was produced for a regular remand hearing at Westminster Magistrates’ Court in London on Thursday and further remanded in custody until February 27. The 48-year-old, who has been […]

Islamabad: Pakistan’s anti-corruption watchdog on Monday filed fresh cases against former prime ministers Nawaz Sharif and Yousuf Raza Gilani and former president Asif Ali Zardari for misuse of authority and buying vehicles given by foreign leaders as gifts. The National Accountability Bureau (NAB) filed the cases in an accountability court in Islamabad. According to NAB, […]

New Delhi: The Income Tax Department has conducted raids against some Chinese individuals and their local associates for allegedly indulging in a money laundering racket involving Rs 1,000 crore using shell or dubious firms, the CBDT said on Tuesday. It said the “subsidiary of Chinese company and its related concerns have taken over Rs 100 […]

New Delhi: In a major action, the Enforcement Directorate (ED) on Monday arrested Deepak Kochhar, husband of ex-ICICI Bank CEO Chanda Kochhar, in connection with Videocon loan case. A top ED official told IANS, “Deepak Kochhar has been arrested under the Prevention of Money Laundering Act after day long questioning.” The action comes almost a […]

New Delhi: The Enforcement Directorate (ED) has filed a money laundering complaint in the alleged Television Rating Points (TRP) rigging scam that is being investigated by the Mumbai police. Official sources said the central probe agency has filed an enforcement case information report (ECIR) that is equivalent to a police FIR under the provisions of […]

New Delhi: The Enforcement Directorate has arrested former TMC MP K D Singh in a money laundering case, official sources said on Wednesday. They said Singh has been placed under arrest under sections of the Prevention of Money Laundering Act (PMLA). The Trinamool Congress (TMC) party is led by West Bengal Chief Minister Mamata Banerjee […]