ED attaches Telangana-based Lucent Drugs’ assets worth ₹5.67 crore for illegal Tramadol exports to Pakistan
3 weeks, 5 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 based in Pakistan. The attached assets, under the provisions of the Prevention of Money Laundering Act, 2002, include land, building and factory premises belonging to M/s Lucent Drugs Pvt. The case also involves violations of orders under the NDPS Act and forgery of records and documents concerning various export authorisations by Lucent Drugs Pvt.

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History of this topic

ED attaches assets worth Rs 8 crore in Hyderabad illegal drug export case
2 weeks, 5 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 properties worth ₹7.98 crore linked to illegal export of psychotropic substances
2 weeks, 6 days ago

ED attaches properties worth ₹7.98 crore linked to illegal export of psychotropic substances

The Hindu  

The Directorate of Enforcement, Hyderabad, provisionally attached 22 immovable and eight movable properties worth ₹7.98 crore in a case related to illegal export of psychotropic substances. The ED initiated investigation against M/s JR Infinity Private Limited, its owner Aashish Jain, and his family members, based on the information report recorded by the Narcotics Control Bureau, Hyderabad, on May 4, 2022. …

Pharma firm assets attached for exporting opioids to Pakistan
3 weeks, 4 days ago

Pharma firm assets attached for exporting opioids to Pakistan

New Indian Express  

HYDERABAD: The Hyderabad zonal office of the Enforcement Directorate has provisionally attached immovable properties belonging to Lucent Drugs Pvt Ltd. worth Rs 5.67 crore under the provisions of the Prevention of Money Laundering Act, 2002. The agency began its investigation on the basis of a complaint filed by the Narcotics Control Bureau, Bangalore Zonal Unit under Section 36A of the …

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 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 …

Enforcement Directorate Mumbai restitutes assets worth ₹289.54 crore in money-laundering case
2 months 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 attaches assets worth over ₹27 crore in cheating case
8 months, 2 weeks ago

ED attaches assets worth over ₹27 crore in cheating case

The Hindu  

The Kochi unit of the Enforcement Directorate has provisionally attached assets valued at ₹27.88 crore in a cheating case involving PRD Mini Nidhi Limited, under the Prevention of Money Laundering Act, 2002. The attached assets include immovable properties in the name of the prime accused, Anilkumar D., managing director of the firm, and his family members, and David George, former …

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 …

Delhi: Enforcement Directorate attaches assets worth over Rs 4 crore linked to Satyendar Jain's family
2 years, 11 months ago

Delhi: Enforcement Directorate attaches assets worth over Rs 4 crore linked to Satyendar Jain's family

India TV News  

Delhi: Enforcement Directorate attaches assets worth over Rs 4 crore linked to Satyendar Jain's family ED has also initiated a money laundering case registered by CBI against Satyendar Kumar Jain and others under the provisions of Section 109 of IPC and Sec 13 and 13 of Prevention of Corruption Act. Highlights ED has attached immovable properties worth Rs 4.81 crores …

Drug export to Pakistan: 5 held in Telangana\'s Sangareddy
2 years, 11 months ago

Drug export to Pakistan: 5 held in Telangana\'s Sangareddy

Deccan Chronicle  

Hyderabad: The Managing Director, along with the Vice President and three employees of a pharmaceutical company in Sangareddy were placed under arrest by the Bengaluru unit of the Narcotics Control Bureau for allegedly manufacturing and exporting Tramadol, a psychotropic drug, to Pakistan. Officials detected unauthorized re-export of Tramadol to Pakistan to the tune of 25,000 kilos in 2021 and a …

Telangana IMS Scam: Enforcement Directorate Attaches Rs 144 crore Assets
3 years, 3 months ago

Telangana IMS Scam: Enforcement Directorate Attaches Rs 144 crore Assets

News 18  

The Enforcement Directorate on Tuesday said it has attached assets worth Rs 144 crore in connection with its money laundering probe into the alleged insurance medical scheme scam in Telangana. The money laundering case was filed by the ED after studying eight FIRs registered by the Telangana anti-corruption bureau against insurance medical scheme officials and private persons, including medicines suppliers …

Ponzi scam: Enforcement Directorate attaches Rs 300-crore assets of Telangana group
5 years, 7 months ago

Ponzi scam: Enforcement Directorate attaches Rs 300-crore assets of Telangana group

India TV News  

The Enforcement Directorate on Friday said it has attached assets worth about Rs 300 crore in connection with its money laundering probe in an alleged ponzi scam involving a Telangana-based multi-level marketing group. "The attached assets comprise 96 immovable properties located in Telangana, Kerala, Maharashtra, Delhi and Andhra Pradesh worth Rs 277.29 crore in the form of agricultural lands, commercial …

ED has attached a property of Rs 64 crores in National Herald case
5 years, 9 months ago

ED has attached a property of Rs 64 crores in National Herald case

Op India  

In a major jolt to the Gandhi family, the Enforcement Directorate has attached a Gurugram property worth Rs 64.93 crores under the Prevention of Money Laundering Act. The said property was illegally allotted to Associated Journals Limited by the then Haryana Chief Minister Bhupinder Singh Hooda for Rs 59.39 lakhs. C-17, Sector 6, Panchkula worth ₹64.93 Crore which was illegally …

Ponzi Scheme: ED Attaches Rs 1.04 Cr Assets of Mumbai Firm
10 years, 5 months ago

Ponzi Scheme: ED Attaches Rs 1.04 Cr Assets of Mumbai Firm

India TV News  

New Delhi: Enforcement Directorate has attached properties worth Rs 1.04 crore in connection with its money laundering probe against a Mumbai-based firm and its owner for allegedly running illegal chit fund schemes few years back. The case pertains to alleged contravention of money laundering laws by Sayed Mohammed Masood, Chairman of a firm 'City Limousines' in Mumbai, whom the agency …

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