ED issues provisional attachment order under PML act on assets worth ₹ 37.50 Crore
1 year ago

ED issues provisional attachment order under PML act on assets worth ₹ 37.50 Crore

The Hindu  

The Directorate of Enforcement, Mumbai Zonal Office on March 13, issued a Provisional Attachment Order under the provisions of the Prevention of Money Laundering Act, 2002, attaching overseas assets worth ₹37.50 crore. As per the release issued by ED officials, the assets belong to a person named Vinod Khute, owner of VIPS Group of Companies and M/s Global Affiliate Business company based in Pune. The attached assets belonging to Mr. Khute are in the form of immovable properties consisting of various flats worth ₹37.50 crore located in Dubai. The ED investigation further revealed that Mr. Khute, who currently lives in Dubai, was the mastermind of various illegal trade, crypto exchange, wallet services, forex trading through Dubai based firm M/s Kana Capital Limited.

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History of this topic

ED orders transfer of ₹52.31 crore assets to Aryarup scam victims
1 day, 1 hour ago

ED orders transfer of ₹52.31 crore assets to Aryarup scam victims

Hindustan Times  

MUMBAI: The Enforcement Directorate on Friday handed over movable and immovable assets worth ₹52.31 crore to the Competent Authority under the Maharashtra Protection of Interests of Depositors Act, 1999. ED orders transfer of ₹ 52.31 crore assets to Aryarup scam victims According to ED investigations, Aryarup promoters, along with its associates, lured investors with promises of high returns but ultimately …

ED facilitates restitution of ₹13.58-crore assets in “illegal” overseas remittance case
Trending News
1 week ago

ED facilitates restitution of ₹13.58-crore assets in “illegal” overseas remittance case

The Hindu  

The Enforcement Directorate has facilitated restitution of assets worth ₹13.58 crore to the victims of money laundering and rightful claimants in the “fake imports” case involving “illegal” overseas remittance of about ₹3,200 crore. “The ED probe revealed that huge amounts were remitted to various companies based in Hong Kong, SAR, China and Dubai, in connivance with several ‘hawala’ operators and …

ED attaches assets of former Revenue official
1 week, 1 day ago

ED attaches assets of former Revenue official

The Hindu  

The Enforcement Directorate has provisionally attached assets worth ₹1.43 crore belonging to Saji John, a former village assistant in the Revenue department, after a probe found that he had acquired property disproportionate to his known sources of income. The probe revealed that Saji John had indulged in criminal misconduct as a public servant and had acquired disproportionate assets in his …

ED attaches assets worth Rs 8 crore in Hyderabad illegal drug export case
2 weeks, 4 days ago

ED attaches assets worth Rs 8 crore in Hyderabad illegal drug export case

India Today  

The Enforcement Directorate has attached 22 immovable and 8 movable properties worth Rs 7.98 crore in a money laundering case related to the illegal export of psychotropic substances by the promoter of a Hyderabad-based company, officials said on Wednesday. The attached immovable properties, in the form of land parcels in the name of promoter Aashish Jain and his family members, …

ED attaches ₹11.07 cr assets in FCCB fraud
3 weeks, 2 days ago

ED attaches ₹11.07 cr assets in FCCB fraud

Hindustan Times  

MUMBAI: The Mumbai unit of Enforcement Directorate has attached provisionally assets worth ₹11.07 crore as part of its money-laundering investigation against a private firm, Geodesic Limited, and others in connection with a case related to the alleged defrauding of holders of Foreign Currency Convertible Bond, of USD 125 million. ED attaches ₹ 11.07 cr assets in FCCB fraud The attachments …

ED attaches Telangana-based Lucent Drugs’ assets worth ₹5.67 crore for illegal Tramadol exports to Pakistan
3 weeks, 3 days ago

ED attaches Telangana-based Lucent Drugs’ assets worth ₹5.67 crore for illegal Tramadol exports to Pakistan

The Hindu  

The Directorate of Enforcement, Hyderabad Zonal Office, has provisionally attached immovable properties worth ₹5.67 crore on Wednesday, February 19 in the case of illegal export of Tramadol by M/s Lucent Drugs Pvt. Ltd. ED investigation revealed that Lucent Drugs has been in the business of manufacturing and exporting of Tramadol, an opioid pain medication, to its overseas clients including those …

ED attaches properties of Tamil film director Shankar
3 weeks, 3 days ago

ED attaches properties of Tamil film director Shankar

The Hindu  

The Directorate of Enforcement, Chennai Zonal Office has provisionally attached three immovable properties worth about ₹10.11 crore registered in the name of film director and producer S. Shankar under the provisions of Prevention of Money Laundering Act, 2002. — ED February 20, 2025 The ED initiated investigation on the basis of a complaint filed by one Aarur Tamilnadan against Mr. …

ED facilitates restoration of properties to Indian Bank
3 weeks, 4 days ago

ED facilitates restoration of properties to Indian Bank

The Hindu  

The Directorate of Enforcement, Chennai Zonal Office, has facilitated the restoration of immovable properties worth ₹235 crore to Indian Bank in connection with a money-laundering case involving Saravana Stores and its partners. As part of the investigation, the ED attached immovable properties worth ₹274.75 crore, which were subsequently confirmed. Meanwhile, Indian Bank, as the aggrieved party, filed an application under …

ED Hyderabad restores ₹30.71 crore worth of properties to SBI in money laundering case
1 month ago

ED Hyderabad restores ₹30.71 crore worth of properties to SBI in money laundering case

The Hindu  

The Directorate of Enforcement, Hyderabad Zonal Office, has successfully facilitated the restitution of properties worth ₹30.71 crore to the State Bank of India in connection with a money laundering case against M/s Sheetal Refineries Limited and others. Following ED’s initiative, SBI filed restitution applications under Section 8 of the Prevention of Money Laundering Act, 2002, before the Special Court of …

Order issued to attach immovable assets worth ₹14.27 crore of two private firms
1 month ago

Order issued to attach immovable assets worth ₹14.27 crore of two private firms

The Hindu  

Telangana government issued an ad-interim order to attach immovable assets worth ₹14.27 crore of Akshara Chit Funds, and Akshara Townships Private Limited, Rajeev Chowk, Karimnagar. The order has been issued under Section 5 of the Telangana Protection of Depositors of Financial Establishments Act, 1999, as per a request made by the Crime Investigation Department, Telangana Police, police sources said. These …

ED attaches moveable property in alleged disproportionate assets case against former U.P. Minister Gayatri Prasad Prajapati
1 month ago

ED attaches moveable property in alleged disproportionate assets case against former U.P. Minister Gayatri Prasad Prajapati

The Hindu  

The Enforcement Directorate has provisionally attached ₹60 lakh in moveable property belonging to Anil Kumar Prajapati, son of former Uttar Pradesh Mining Minister Gayatri Prasad Prajapati, in connection with an alleged disproportionate assets case. “ED investigation revealed that Gayatri Prasad Prajapati, while holding the post of Mining Minister of Uttar Pradesh, misused his official position and had acquired huge assets …

ED arrests former MP transport dept constable, key aides in money laundering case
1 month ago

ED arrests former MP transport dept constable, key aides in money laundering case

New Indian Express  

BHOPAL: Nearly 50 days after lodging a case under the Prevention of Money Laundering Act against ‘crorepati’ Saurabh Sharma, the Enforcement Directorate has finally made the first arrests. The ED’s Bhopal Zonal Office has arrested three persons, including the ex-constable Saurabh Sharma and his two key business partners Sharad Jaiswal and Chetan Singh Gaur, the ED said in its official …

Corporate Debtor Immune From Prosecution Under PMLA Post Approval Of Resolution Plan: Delhi High Court
Trending News
1 month, 1 week ago

Corporate Debtor Immune From Prosecution Under PMLA Post Approval Of Resolution Plan: Delhi High Court

Live Law  

The Delhi High Court bench of Justice Manmeet Pritam Singh Arora has held that in accordance with Section 32A of the Insolvency and Bankruptcy Code, 2016, a Corporate Debtor that has successfully undergone a resolution process under Section 31 of the IBC shall not be prosecuted for offences committed prior to the commencement of the CIRP. Arguments Dr. Abhishek Manu …

₹1.45 lakh-crore assets attached under PMLA till 2024: ED data
1 month, 2 weeks ago

₹1.45 lakh-crore assets attached under PMLA till 2024: ED data

Hindustan Times  

Assets worth ₹1.45 lakh crore have been attached by the Enforcement Directorate till date under the prevention of money laundering act, according to the financial crime agency’s data till December 31, 2024, accessed by HT. Prior to 2024, ED’s total attachments stood a ₹1.24 lakh crore, most of which has been done since Prime Minister Narendra Modi came to power. …

Corruption case: ED attaches LIT officials’ assets worth ₹5.5 crore
1 month, 2 weeks ago

Corruption case: ED attaches LIT officials’ assets worth ₹5.5 crore

Hindustan Times  

The Enforcement Directorate has provisionally attached ₹5.58 crore worth of immovable properties and bank balances of Ludhiana Improvement Trust officials, including former chairperson Raman Bala Subramaniam, executive officer Kuljit Kaur, and others, under the Prevention of Money Laundering Act, 2002. The New Senior Secondary School Society, Sarabha Nagar, Ludhiana, has also been booked in the case. The ED had initiated …

ED attaches assets worth Rs 80 crore in money laundering case against pharma company
1 month, 2 weeks ago

ED attaches assets worth Rs 80 crore in money laundering case against pharma company

India Today  

The Enforcement Directorate attached immovable assets worth nearly Rs 80 crore in connection with a money laundering case against a pharmaceutical company. The ED began its investigation based on several FIRs filed by the Central Bureau of Investigation and the Anti-Corruption Bureau against Sharon Bio Medicine and others for allegedly committing fraud against banks by using bogus documents causing around …

ED attaches immovable properties belonging to Minister Anitha R. Radhakrishnan
1 month, 3 weeks ago

ED attaches immovable properties belonging to Minister Anitha R. Radhakrishnan

The Hindu  

The Directorate of Enforcement, Chennai Zonal Office, has provisionally attached immovable properties worth ₹1.26 crore in Thoothukudi, Madurai and Chennai belonging to Minister for Fisheries Anitha R. Radhakrishnan, and others, under provisions of the Prevention of Money Laundering Act, 2002. The ED initiated an investigation on the basis of a First Information Report registered by the Directorate of Vigilance and …

Enforcement Directorate Mumbai restitutes assets worth ₹289.54 crore in money-laundering case
1 month, 3 weeks ago

Enforcement Directorate Mumbai restitutes assets worth ₹289.54 crore in money-laundering case

The Hindu  

The Enforcement Directorate, Mumbai Zone, has restituted immovable properties worth ₹289.54 crore to the Competent Authority under the Maharashtra Protection of Interest of Depositors Act appointed by Government of Maharashtra in the case of M/s Pen Co-operative Urban Bank Limited. The charge sheet filed by the Law Enforcement Agency said the office-bearers of the bank entered into criminal conspiracy with …

ED restores properties worth Rs 290 crore in Maharashtra co-operative bank scam
Trending News
1 month, 3 weeks ago

ED restores properties worth Rs 290 crore in Maharashtra co-operative bank scam

India Today  

The ED has restored immovable properties worth Rs 289.54 crore to the competent authority under the Maharashtra Protection of Interest of Depositors Act in a case pertaining to Pen co-operative Urban Bank Ltd. These benami properties measuring 70.9 acres worth Rs 25.20 crore were attached between May 26, 2014 and December 2, 2014 under Section 5 of PMLA Act, 2002, …

ED attaches 142 properties worth ₹300-cr in Muda case
1 month, 3 weeks ago

ED attaches 142 properties worth ₹300-cr in Muda case

Hindustan Times  

The Enforcement Directorate on Friday said it has attached 142 immovable properties worth ₹300 crore in the agency’s money laundering probe in connection with the Mysuru Urban Development Authority case involving Karnataka chief minister Siddaramaiah. “ED Bangalore zonal office has provisionally attached 142 immovable properties having market value of ₹300 crore under the provisions of the PMLA in connection with …

ED attaches flats, offices in Delhi, Gurugram in Fairplay IPL betting app case
2 months ago

ED attaches flats, offices in Delhi, Gurugram in Fairplay IPL betting app case

India Today  

As part of its crackdown in a money laundering case, the Enforcement Directorate on Wednesday issued a provisional attachment order in connection with its probe into online betting platforms' alleged involvement in illegal broadcasting of Cricket/IPL matches, officials said. In an action taken under the Prevention of Money Laundering Act, 2002, the financial probe agency provisionally attached immovable assets belonging …

ED attaches properties worth ₹100 crore of former AIADMK Minister R. Vaithilingam under PMLA
2 months ago

ED attaches properties worth ₹100 crore of former AIADMK Minister R. Vaithilingam under PMLA

The Hindu  

The Chennai Zonal Office of the Directorate of Enforcement has attached two immovable properties worth more than ₹100 crore belonging to R. Vaithilingam, MLA of Orathanadu and former Tamil Nadu Minister for Housing and Urban Development. The attached properties were registered in the name of Muthammal Estates Private limited, an entity owned by Mr. Vaithilingam’s family. The ED investigation pertains …

ED attaches properties worth ₹2.85cr of former UPPCL MD
2 months ago

ED attaches properties worth ₹2.85cr of former UPPCL MD

Hindustan Times  

The Lucknow Zonal Office of the Enforcement Directorate has provisionally attached properties worth ₹2.85 crore of former Uttar Pradesh Power Corporation Limited managing director, Ayodhya Prasad Mishra, in a disproportionate assets case. For representation only In a press note shared with media, the ED officials said the attached properties are in the form of three immovable properties, including a residential …

ED attached properties worth ₹103.4 crore in ponzi scheme case
2 months, 1 week ago

ED attached properties worth ₹103.4 crore in ponzi scheme case

The Hindu  

The Directorate of Enforcement, Hyderabad, provisionally attached 27 immovable properties having market value of ₹103.4 crore under the provisions of the Prevention of Money Laundering Act, 2002 in a ponzi scheme case related to Nowhera Shaik and Heera Group of Companies. The ED has been investigating money laundering case against Heera Group of Companies and their managing director Nowhera Shaik …

ED Attaches Rs 103 Crore Assets of Nowhera Shaik
2 months, 1 week ago

ED Attaches Rs 103 Crore Assets of Nowhera Shaik

Deccan Chronicle  

Hyderabad: The Directorate of Enforcement officials on Wednesday attached 27 immovable properties having market value of Rs. 103.4 Crore under the provisions of the Prevention of Money Laundering Act, 2002 in a ponzi scheme case related to Nowhera Shaik and Heera Group of companies. The investigation agency is investigating a money laundering case against Heera Group of Companies and their …

ED attaches assets worth over Rs 8 crore in black money-linked case in Maharashtra
2 months, 2 weeks ago

ED attaches assets worth over Rs 8 crore in black money-linked case in Maharashtra

India Today  

The Enforcement Directorate on Thursday attached assets worth more than Rs 8 crore as part of an alleged black money-linked money laundering case in Maharashtra. A provisional attachment order has been issued under the Prevention of Money Laundering Act against two persons identified as Siddharth Abhay Chokshi and Abhay Sajanlal Chokshi, the agency said in its statement. Siddharth Abhay Chokshi …

ED attaches properties in bank fraud case of Transstroy India Limited
2 months, 2 weeks ago

ED attaches properties in bank fraud case of Transstroy India Limited

Deccan Chronicle  

Hyderabad: The Hyderabad zonal unit of Directorate of Enforcement has provisionally attached immovable properties in the form of land parcels and residential premises worth Rs.48.71 crore under the provisions of the Prevention of Money Laundering Act -2002 in a bank fraud case being investigated against Transstroy India Limited and others. The ED investigation revealed that TIL and its directors and …

ED restores Rs 22,000 crore of assets from Vijay Mallya, Nirav Modi: Minister
2 months, 3 weeks ago

ED restores Rs 22,000 crore of assets from Vijay Mallya, Nirav Modi: Minister

India Today  

Union Finance Minister Nirmala Sitharaman on Tuesday revealed that the Enforcement Directorate has successfully restored assets worth Rs 22,280 crore to victims and rightful claimants, asserting the government's relentless commitment to combating economic offenders. The Finance Minister pointed out that among the major cases, the ED has recovered properties valued at Rs 14,131.6 crore belonging to fugitive businessman Vijay Mallya, …

ED restitutes assets worth ₹4,025 crore in Bhushan Power and Steel case to JSW
3 months ago

ED restitutes assets worth ₹4,025 crore in Bhushan Power and Steel case to JSW

The Hindu  

The Enforcement Directorate has restituted assets worth ₹4,025 crore to JSW, a Successful Resolution Applicant in the matter of the erstwhile Bhushan Power and Steel Limited under the Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code. The assets were provisionally attached by the ED under Section 5 of Prevention of Money Laundering Act as the erstwhile promoters of …

ED returns assets worth Rs 4,025 crore in Bhushan Steel fraud case
3 months ago

ED returns assets worth Rs 4,025 crore in Bhushan Steel fraud case

Deccan Chronicle  

New Delhi: The ED has restituted assets worth Rs 4,025 crore of the erstwhile Bhushan Steel and Power Limited to JSW Steel following approval from the Supreme Court, the federal probe agency said on Saturday.JSW Steel was the successful resolution applicant to the assets of the insolvent company under the Insolvency and Bankruptcy Code of the Corporate Insolvency Resolution Process. …

Mumbai court approves monetisation of ₹2,565.9 crore in properties in Choksi fraud case
3 months ago

Mumbai court approves monetisation of ₹2,565.9 crore in properties in Choksi fraud case

Hindustan Times  

Mumbai: A special court in Mumbai on Tuesday permitted the monetisation of properties worth ₹2,565.9 crore that were attached or seized by the Enforcement Directorate since 2018 as part of its money laundering investigation against fugitive diamantaire Mehul Choksi in the alleged Punjab National Bank fraud. Mehul Choksi The court's decision followed an application from the victim banks, Punjab National …

Mahadev app betting case: ED attaches fresh assets worth Rs 388 crore
3 months, 1 week ago

Mahadev app betting case: ED attaches fresh assets worth Rs 388 crore

Deccan Chronicle  

New Delhi: The Enforcement Directorate on Saturday said it has attached fresh assets worth about Rs 388 crore in its ongoing money laundering investigation into the Mahadev online betting case in which various high-ranking politicians and bureaucrats from Chhattisgarh are alleged to have been involved.These include movable assets -- investment made by Mauritius-based company Tano Investment Opportunities Fund related to …

ED attaches 37 horses, flats worth Rs 5.23 crore in international cyber fraud case
3 months, 1 week ago

ED attaches 37 horses, flats worth Rs 5.23 crore in international cyber fraud case

India Today  

The Enforcement Directorate has provisionally attached properties worth Rs 5.23 crore in connection with an international cyber fraud network operated by Kunal Gupta, owner of Met Technologies, and his associate Pawan Jaiswal. Among the attached properties are 37 horses belonging to KG Stud Farm LLP, valued at Rs 3.98 crore, and flats in the Greenleaf Complex, Baguiati, Kolkata, worth Rs …

ED restitutes property worth ₹25.38 crore to claimants
3 months, 2 weeks ago

ED restitutes property worth ₹25.38 crore to claimants

The Hindu  

In a significant move to restore the Proceeds of Crime to rightful claimants, the Directorate of Enforcement, Chennai Zonal office has successfully restituted property valued at ₹25.38 Crore to the victim and claimant in an anti-Money Laundering case against Nafisa Overseas and others being investigated by the ED. A press release said ED investigation revealed that the accused availed the …

Madras HC orders interim attachment of properties of Mylapore Hindu Permanent Fund Nidhi Ltd, its MD Devanathan Yadav
3 months, 2 weeks ago

Madras HC orders interim attachment of properties of Mylapore Hindu Permanent Fund Nidhi Ltd, its MD Devanathan Yadav

The Hindu  

The Madras High Court has ordered interim attachment of the properties of Mylapore Hindu Permanent Fund Nidhi Limited, its arrested Managing Director Devanathan Yadav, and other individuals involved in the reported default of ₹557 crore to over 4,808 depositors. Justice P. Velmurugan passed the order on a writ petition filed by Mylapore Hindu Permanent Fund Investors and Depositors Welfare Association, …

ED files chargesheet against IFS officer, husband in investment 'fraud' linked money laundering case
3 months, 2 weeks ago

ED files chargesheet against IFS officer, husband in investment 'fraud' linked money laundering case

The Hindu  

The Enforcement Directorate on Wednesday said it has filed a chargesheet against Indian Foreign Service officer Neeharika Singh, her husband, and his companies as part of an alleged investment fraud linked money laundering case. The money laundering investigation began after the ED took cognisance of 33 FIRs registered by the Uttar Pradesh Police against Gupta and various other persons/entities, for …

ED files chargesheet against IFS officer, husband in investment 'fraud' linked money laundering case
3 months, 2 weeks ago

ED files chargesheet against IFS officer, husband in investment 'fraud' linked money laundering case

Deccan Chronicle  

New Delhi: The Enforcement Directorate on Wednesday said it has filed a chargesheet against Indian Foreign Service officer Neeharika Singh, her husband, and his companies as part of an alleged investment fraud linked money laundering case. The money laundering investigation began in 2019 after the ED took cognisance of 33 FIRs registered by the Uttar Pradesh Police against Gupta and …

ED attaches assets worth Rs 2.43 crore in Blossoms Oils, Fats Limited case
3 months, 3 weeks ago

ED attaches assets worth Rs 2.43 crore in Blossoms Oils, Fats Limited case

New Indian Express  

HYDERABAD: The Hyderabad zonal office of the Enforcement Directorate has attached immovable properties worth Rs 2.43 crore under the provisions of the Prevention of Money Laundering Act, 2002, in connection with the Blossoms Oils & Fats Limited case. The attached properties, belonging to Sarvade Vinod Kumar and Jan Shakti Oil Products Pvt Ltd, represented by M Venkata Nagendra, include both …

ED attaches ₹3.72 crore assets in Chinese national case
4 months ago

ED attaches ₹3.72 crore assets in Chinese national case

Hindustan Times  

The Enforcement Directorate has provisionally attached properties worth ₹3.72 crore in a money laundering case lodged against a Chinese national, who was “illegally staying in India”, and others connected to a loan app fraud case, confirmed senior ED officials in Lucknow on Tuesday. A senior ED official said the attached properties were in the form of bank balance and fixed …

ED attaches Rs 4 crore assets in PMLA case against Chinese man living illegally in India
4 months ago

ED attaches Rs 4 crore assets in PMLA case against Chinese man living illegally in India

New Indian Express  

NEW DELHI: The Enforcement Directorate on Tuesday said it has attached fresh assets worth Rs 4 crore as part of money laundering investigation against a Chinese national staying "illegally" in India and his associate. It said the Chinese national's associate allegedly indulged in a host of criminal activities like gambling, prostitution and for secret clubs for people from China. The …

ED attaches ₹333.82 crore in DMCSL fraud case
Trending News
4 months, 1 week ago

ED attaches ₹333.82 crore in DMCSL fraud case

Deccan Chronicle  

Mumbai: The Enforcement Directorate has attached assets worth ₹333.82 crore in connection with its money laundering probe into the alleged fraud at Dnyanradha Multistate Co-operative Credit Society Ltd. The investigation revealed that DMCSL's management, including Suresh Kute and Yashvant Kulkarni, embezzled ₹2,467.89 crore, disguised as loans to companies. The society attracted over four lakh investors, offering deposit schemes with interest …

ED seizes assets worth ₹333.82 crore in cooperative society fraud case
4 months, 1 week ago

ED seizes assets worth ₹333.82 crore in cooperative society fraud case

Hindustan Times  

Mumbai: The Enforcement Directorate's Mumbai zonal office has provisionally attached assets worth ₹333.82 crore in a money-laundering investigation involving alleged fraud at Dnyanradha Multistate Co-operative Credit Society Ltd. The Enforcement Directorate's Mumbai zonal office has provisionally attached assets worth ₹ 333.82 crore in a money-laundering investigation. The ED's investigation revealed that DMCSL's management allegedly embezzled funds by fraudulently diverting ₹2,467.89 …

ED attaches assets worth Rs 333 crore in Dnyanradha company fraud case
4 months, 1 week ago

ED attaches assets worth Rs 333 crore in Dnyanradha company fraud case

India Today  

The Enforcement Directorate has attached assets worth over Rs 333 crore in a money laundering case linked to the Dnyanradha Multistate Co-operative Credit Society Ltd, its chairman Suresh Kute, and others. The assets, attached by ED on November 5, include land, buildings, and machinery belonging to Kute Sons Dairys Ltd and Kute Sons Fresh Dairy Pvt Ltd, in Maharashtra’s Satara …

ED conducts searches in ₹118-crore fraudulent contracts case in Assam
6 months, 2 weeks ago

ED conducts searches in ₹118-crore fraudulent contracts case in Assam

The Hindu  

The Enforcement Directorate has conducted searches in connection with the alleged fraudulent award of contracts worth about ₹118 crore from 2013 to 2016 by misappropriation of funds collected as cess for the welfare of construction workers in Assam. In the case being probed under the Prevention of Money Laundering Act, the agency has seized several documents and also attached properties …

ED Files Complaint Against NBFCs and Fintech Firms in Loan Scam
6 months, 3 weeks ago

ED Files Complaint Against NBFCs and Fintech Firms in Loan Scam

Deccan Chronicle  

Hyderabad: The Directorate of Enforcement, Hyderabad Zonal Officials, have filed Prosecution Complaint against several NBFCs, Fintech companies and individuals involved in instant loan lending business through various mobile applications before the Special MSJ Court, Nampally, Hyderabad under the provisions of Prevention of Money Laundering Act, 2002 and the Court has taken cognizance of the complaint. ED initiated investigation on the …

ED attaches ₹678 crore worth assets of Gautam Thapar-owned Avantha Group
7 months ago

ED attaches ₹678 crore worth assets of Gautam Thapar-owned Avantha Group

Hindustan Times  

MUMBAI: Businessman Gautam Thapar-owned Avantha Group’s assets worth more than ₹678 crore has been attached by the Enforcement Directorate in a ₹2,435 crore-worth loan fraud case under the Prevention of Money Laundering Act. Businessman Gautam Thapar-owned Avantha Group’s assets worth more than ₹ 678 crore has been attached by the Enforcement Directorate in a ₹ 2,435 crore-worth loan fraud case …

₹2,000-crore ‘scam’: Ex-minister Ashu in judicial custody
7 months ago

₹2,000-crore ‘scam’: Ex-minister Ashu in judicial custody

Hindustan Times  

The additional sessions court here on Monday sent former Punjab food and civil supplies and consumer affairs minister Bharat Bhushan Ashu to judicial custody in connection with an alleged ₹2,000-crore foodgrain transportation-linked money-laundering case. Bharat Bhushan Ashu Ashu, who was arrested by the ED on August 1, had been in the central agency’s custody since August 2. In August last …

Haryana: ED attaches immovable properties worth over Rs 300 crore in Gurugram
7 months, 3 weeks ago

Haryana: ED attaches immovable properties worth over Rs 300 crore in Gurugram

India TV News  

Haryana: ED attaches immovable properties worth over Rs 300 crore in Gurugram The ED investigation revealed that the accused entity discharged industrial effluents in the bore-wells illicitly installed in the premises of its industrial unit, leading to soil and water contamination, which resulted in public health risk and cattle deaths in and around adjacent areas. The Enforcement Directorate has attached …

Dilip Khedkar disproportionate assets case: Complainant submits 2,000-page evidence to ACB
7 months, 3 weeks ago

Dilip Khedkar disproportionate assets case: Complainant submits 2,000-page evidence to ACB

Hindustan Times  

Advocate Tanaji Gambhire, complainant in a disproportionate assets case related to Dilip Khedkar, father of IAS probationer Puja Khedkar, has submitted over 2,000 pages of evidence to the Anti-Corruption Bureau Pune division. Authorities had issued a suspension order to Dilip on February 24, 2020, after a departmental inquiry found that he threatened 300-400 small businessmen for extortion while posted in …

ED makes fresh arrest in Rajasthan's Jal Jeevan Mission case
7 months, 3 weeks ago

ED makes fresh arrest in Rajasthan's Jal Jeevan Mission case

Deccan Chronicle  

Jaipur: The Enforcement Directorate has made a fresh arrest in connection with its money laundering investigation into alleged irregularities in the Jal Jeevan Mission scheme being implemented in Rajasthan, officials said on Wednesday. The central government's Jal Jeevan Mission aims to provide safe and adequate drinking water through household tap connections and is being implemented in Rajasthan by the state's …

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