Tag: Money Laundering

The arrested included the "mastermind" of the group, Proshanta Kumar Halder, accused of perpetrating a bank fraud in the neighbouring country to the tune of 10,000 crore Bangladeshi taka.

A day after being arrested in a PMLA case, Jharkhand mining secretary Pooja Singhal was suspended from the Indian Administrative Services (IAS).

In the latest action against fintech companies controlled by Chinese, who had been providing short term loans and were allegedly involved in money laundering, the Enforcement Directorate (ED) on Wednesday said that it has attached assets worth Rs 6.17 crore lying in various accounts, merchant IDs belonging to the accused companies and persons.

The CBI had said that it was a well-planned conspiracy by the accused. On the basis of this, the CBI in 2021 filed a case against the management of the bank and its chairman.

Later the ED initiated a probe of money laundering on the basis of the FIRs lodged by the Kerala Police. The ED official said that the offences under Section 420 of the IPC is scheduled offence of the PMLA, 2002.

On Wednesday, the ED arrested Maharashtra's Minority Affairs Minister and NCP leader Nawab Malik in connection with the money laundering probe linked to the activities of Dawood Ibrahim, his aides and the Mumbai underworld.

In the last 17 years, 4,850 cases have been taken up for investigation under the PMLA. The investigation in these offences was carried out by using investigative tools as provided under the PMLA including 2,883 searches, he said.

Honey is the son of Channi's sister-in-law. On January 18, the agency had raided his premises and claimed to have seized about Rs 8 crore cash.

Bollywood actress Aishwarya Rai was on Monday quizzed for more than five hours by the officials of the Enforcement Directorate (ED) at its Jam Nagar office here in connection with the Panama Papers expose for allegedly violating FEMA (Foreign Exchange Management Act).

The ED, on December 5, had stopped Fernandez from flying abroad through the Mumbai airport.

The ED had on Saturday filed a charge sheet of 7,000 pages against Sukesh and seven others. Jacqueline is so far a witness in the case along with other Bollywood actress Nora Fatehi.

The bench said the stands of the CBI and the state government are also not known as the writ petition stands decided on a threshold point of sending it to the Central Administrative Tribunal (CAT).

The agency said if Hrishikesh Deshmukh is granted protection from arrest then there is a likelihood of him tampering with evidence or attempting to obfuscate the trail of the proceeds of crime.

The ED had initiated a probe against Deshmukh and his associates after the CBI filed its FIR against the NCP leader on April 21 on charges of corruption and misuse of official positions.

Actor Nora Fatehi was summoned by Enforcement Directorate (ED) in Sukesh Chandrashekhar money laundering case. The actor appeared before the agency today.