Bhubaneswar: The Enforcement Directorate on Wednesday conducted extensive raids on the properties of Khirod Mallick, the late brother of Pramila Mallick, a senior leader of the Biju Janata Dal and the Opposition Chief Whip. The simultaneous raids took place in New Delhi and three locations in Sambalpur, Odisha, as part of an investigation into alleged financial fraud totaling Rs 231 …
KOCHI: The Enforcement Directorate probing the Karuvannur Service Co-operative Bank money-laundering case found that bogus loans were sanctioned at the behest of CPM Thrissur District Committee. The investigation also found that five cents of land purchased for the construction of CPM office at Porathissery was from proceeds of crime linked to Karuvannur bank. These included five cents of land purchased …
CHENNAI: The Enforcement Directorate ’s investigation into the money trail of the alleged Rs 4,730 crore river sand mining scam has indicated that a portion of the cash from the sale of sand was routed through multiple accounts to one primary account, which was used for repaying monthly dues for loans taken to buy excavators. As part of the probe, …
The Enforcement Directorate has attached assets worth ₹100 crore of a businessman and his family members for allegedly cheating the IDBI Bank by fraudulently taking Kisan Credit Card loans. The ED’s money laundering probe is based on a First Information Report registered by the Central Bureau of Investigation against Satyanarayana and others for allegedly taking KCC fish tank loans to …
A special court in Mumbai on Thursday sent the chairman and the managing director of Mumbai-based Omkar Realtors and Developers - Babulal Varma and Kamal Kishore Gupta - to the ED custody till January 30, a day after they were arrested in a money laundering case. The ED money laundering case against them has been filed after studying an FIR …
