MUMBAI: The Enforcement Directorate on Tuesday questioned Manish Jain Lalwani, the son of Nationalist Congress Party ’s former Rajya Sabha member and one-time party treasurer Ishwarlal Jain Lalwani, in Nagpur for several hours as part of its money-laundering investigation. ED questions son of ex-treasurer of NCP in money-laundering probe The probe is related to suspected bank fraud, involving three Jalgaon-based …
MUMBAI: The Enforcement Directorate ’s money-laundering investigation related to the alleged fraudulent collection of ₹205 crore from nurses for Kuwait jobs by a few recruitment firms has revealed that a substantial part of the proceeds of crime was allegedly sent abroad via hawala channels by the accused firms/ persons. A recruitment firm, which is under the probe’s scanner, had allegedly, …
The Punjab National Bank on Wednesday moved multiple applications before a special PMLA court here, seeking restoration of the assets of two firms owned by fugitive diamond merchant Nirav Modi, who is accused of duping the bank. The Enforcement Directorate had earlier confiscated assets worth over ₹329.66 crore of Nirav Modi under the fugitive economic offenders law. The confisticated property …
