Articles for Money Laundering

Punjab & Haryana High Court Monthly Digest: November 2024
1 day, 10 hours ago

Punjab & Haryana High Court Monthly Digest: November 2024

Live Law  

NOMINAL INDEX MANGAL KUMAR DAWAR V/S STATE OF PUNJAB AND ORS 2024 LiveLaw 319Sangeet Pal Singh v. State of Punjab and another 2024 LiveLaw 320Hemant Bhagar and Ors v. Prekshi Sood Bhagat MANGAL KUMAR DAWAR V/S STATE OF PUNJAB AND ORS 2024 LiveLaw 319 Sangeet Pal Singh v. State of Punjab and another 2024 LiveLaw 320 Hemant Bhagar and Ors …

High Court Court University Judicial 2024 Tribunal Gram Panchayat
Summons Under PMLA Can't Be Quashed Merely Because Accused Was Discharged In Predicate Offence : Supreme Court
3 days, 10 hours ago

Summons Under PMLA Can't Be Quashed Merely Because Accused Was Discharged In Predicate Offence : Supreme Court

Live Law  

The Supreme Court yesterday set aside an order of the Gauhati High Court which quashed summons under the Prevention of Money Laundering Act, 2002, to investigate proceeds of crime involved money laundering on grounds that the Respondent was discharged in scheduled offence. A bench of Justices MM Sundresh and Aravind Kumar was hearing a challenge to the judgment of the …

High Court Money Laundering Money Accused Respondent Pwd Cbi
Mallika Sherawat, Pooja Banerjee questioned by ED in money laundering case linked to Pakistani betting website
4 days, 14 hours ago

Mallika Sherawat, Pooja Banerjee questioned by ED in money laundering case linked to Pakistani betting website

India TV News  

Enforcement Directorate has recorded the statement of Bollywood star Mallika Sherawat and a TV actor named Pooja Banerjee in a money laundering case in connection with a betting website, owned by some Pakistani nationals, that also 'illegally' broadcast Men's T20 World Cup matches. Sources said the agency had asked Sherawat and TV actor Pooja Banerjee to respond to some queries …

Money Betting Case Website Pakistani This Case Banerjee
Former CEO will not be prosecuted for money laundering scandal at ING
5 days, 14 hours ago

Former CEO will not be prosecuted for money laundering scandal at ING

NL Times  

The Public Prosecution Service has decided against prosecuting former ING CEO Ralph Hamers for his role in a money laundering scandal at the bank. "Although it must be concluded in retrospect that the measures taken internally by ING at the time were insufficient, the Public Prosecution Service concludes that the investigation has not yielded sufficient evidence that would justify the …

Money Laundering Hamers Money Laundering Scandal Laundering Scandal
Son-in-law of top foe of Venezuela’s president sentenced to 30 months on money laundering charge
5 days, 21 hours ago

Son-in-law of top foe of Venezuela’s president sentenced to 30 months on money laundering charge

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The son-in-law of a prominent …

Money Laundering Miami Swiss Venezuelan Maduro Ledezma Vuteff
Supreme Court Grants Bail To Rajasthan Jal Jeevan Mission Scam Accused Sanjay Badaya In Money Laundering Case
6 days, 6 hours ago

Supreme Court Grants Bail To Rajasthan Jal Jeevan Mission Scam Accused Sanjay Badaya In Money Laundering Case

Live Law  

The Supreme Court today granted bail to Sanjay Badaya in a money laundering case arising out of Rajasthan's Jal Jeevan Mission scam, in which he is alleged to have acted as a middleman for a Minister.A bench of Justices BR Gavai and KV Viswanathan passed the order, taking into account the fact that co-accused Piyush Jain has already been. The …

Supreme Court Court Bail Order Jain Piyush Money Laundering Case
Owner of Ladbrokes and Neds sued for alleged anti-money laundering failure
6 days, 14 hours ago

Owner of Ladbrokes and Neds sued for alleged anti-money laundering failure

ABC  

The parent company of Ladbrokes and Neds has been sued by the financial crimes regulator for allegedly not doing enough to prevent money laundering on their products. AUSTRAC alleges the company had "serious and systemic non-compliance" with Australia's anti-money laundering and counter-terrorism financing laws. It alleges Entain did not develop and maintain a compliant anti-money laundering program and failed to …

Gambling Money Laundering Money Company Customers Laundering Ctf
Regulatory action against Nidhis, non-disclosure of beneficial ownership jump
1 week ago

Regulatory action against Nidhis, non-disclosure of beneficial ownership jump

Live Mint  

Regulatory action against Nidhi companies or mutual benefit societies, and firms defaulting on their beneficial ownership disclosure have shot up in 2024 compared to previous years, official data from the Registrars of Companies showed. Surge in regulatory action The RoC action against defaulters of beneficial ownership disclosures also skyrocketed in 2024, with 79 adjudication notices to companies under sections 89 …

India Action Corporate Financial Money Laundering Indian Companies
End of the Dubai dream for Europe's drug lords?
1 week ago

End of the Dubai dream for Europe's drug lords?

Raw Story  

Drug lords like Sean McGovern, a top lieutenant of the Kinahan cartel, and Faissal Taghi -- son of the infamous head of the Dutch-Moroccan Mocro Maffia -- used to hang out and party in Dubai's glitzy hotels and restaurants without a care in the world. In 2022, Europol's Operation Desert Light revealed the existence of a mostly Dubai-based "super cartel" …

Europe France Spain Luxury Dutch Money Laundering Money
Reining in Excess: Punjab & Haryana High Court's Judgments Curtailing ED's Arbitrary Powers
1 week, 2 days ago

Reining in Excess: Punjab & Haryana High Court's Judgments Curtailing ED's Arbitrary Powers

Live Law  

The arrest and detention under the Prevention of Money Laundering Act often turn out to be a punishment due to the wide powers given to the Enforcement Directorate and its stringent bail provisions. Judges Of PMLA Courts Not Supposed To Act Like "Extended Arm Of ED" The High Court pointed out the practice of passing custodial interrogation orders in a …

Court Money Laundering Money Haryana Accused High Punjab
ED seizes assets worth ₹3.9 crore in money laundering probe
1 week, 3 days ago

ED seizes assets worth ₹3.9 crore in money laundering probe

Hindustan Times  

Mumbai: The Enforcement Directorate has seized movable assets worth approximately ₹3.9 crore during searches in Mumbai, Delhi and Gurgaon as part of its money laundering investigation into Dentsu Communications India Private Limited and Suumaya Industries Ltd and their promoters. The agency's investigation stems from a Worli police case against the accused for allegedly embezzling ₹137 crore from certain non-banking financial …

Mumbai Money Laundering Crore Allegedly Ted Movable Assets Dentsu
911 PMLA Cases Filed During Last 5 Years
1 week, 5 days ago

911 PMLA Cases Filed During Last 5 Years

Deccan Chronicle  

New Delhi: The Finance Ministry stated that a total total of 911 PMLA cases were filed between January 1, 2019, and October 31, 2021 In a query, Surjewala asked the Finance Minister, seeking details about cases filed by the ED over the last five years. In a written reply to Surjewala's question, Pankaj Chaudhary, Minister of State for Finance, presented …

Finance Money Laundering Pmla Surjewala 911 Cases Filed 911 Cases
6.42% Conviction Rate In Cases Filed By ED Since 2019 : Union Government Tells Parliament
1 week, 5 days ago

6.42% Conviction Rate In Cases Filed By ED Since 2019 : Union Government Tells Parliament

Live Law  

The Union Government has informed the Parliament that out of 911 prosecution complaints filed in cases registered by the Enforcement Directorate for offence of Money Laundering during the last five years between 01.01.2019 to 31.10.2024, trials were completed in 654 cases and it was able to secure a conviction in 42 cases. It is worthwhile to mention that the Supreme …

Supreme Court Money Laundering Cases Conviction Minister Rate Parliament
Excise policy cases: SC relaxes Manish Sisodia's bail conditions
Trending News
1 week, 5 days ago

Excise policy cases: SC relaxes Manish Sisodia's bail conditions

Deccan Chronicle  

New Delhi: The Supreme Court on Wednesday relaxed bail conditions of AAP leader Manish Sisodia which required him to report to the investigating officer twice a week in the corruption and money laundering cases related to the Delhi excise policy. On August 9, the apex court granted him bail in the corruption and money laundering cases linked to the alleged …

Delhi Trial Court Bail Cases Cbi Manish Sisodia
SC relaxes bail conditions for Manish Sisodia in excise policy cases
1 week, 5 days ago

SC relaxes bail conditions for Manish Sisodia in excise policy cases

New Indian Express  

NEW DELHI: The Supreme Court on Wednesday relaxed the bail conditions of AAP leader and Deputy Chief Minister of Delhi, Manish Sisodia, requiring him to report to the investigating officer twice a week in the corruption and money laundering cases related to the Delhi excise policy case. The apex court, while granting bail to Sisodia, had put several conditions, including …

Delhi Court Money Laundering Bail Cbi Sisodia Manish Sisodia
Navigating Intersection Of Anti-Money Laundering And Recovery Laws: The Imperative For Collaboration And Cooperation
2 weeks ago

Navigating Intersection Of Anti-Money Laundering And Recovery Laws: The Imperative For Collaboration And Cooperation

Live Law  

The legislative efforts to combat money laundering activities in the country and the legislative measures to deal with the recovery of nonperforming assets in the Banking sector without the intervention of courts of law coincided in the same year with the passage of two special Acts in the year 2002. An Act to regulate securitisation and reconstruction of financial assets …

Properties Recovery Money Laundering Money Enforcement Financial Institutions Bank
Excise policy cases: SC to hear Sisodia's pleas seeking relaxation of bail conditions on Dec 11
Trending News
2 weeks ago

Excise policy cases: SC to hear Sisodia's pleas seeking relaxation of bail conditions on Dec 11

Deccan Chronicle  

New Delhi: The Supreme Court on Monday said it would hear on December 11 AAP leader Manish Sisodia's pleas seeking relaxation of bail conditions which require him to report to the investigating officer twice a week in the corruption and money laundering cases related to the Delhi excise policy. On August 9, the apex court granted him bail in the …

Delhi Bail Trial Court Cbi Sisodia Money Laundering Cases
Suspended IAS officer Pooja Singhal granted bail in money laundering case after 28 months
2 weeks, 2 days ago

Suspended IAS officer Pooja Singhal granted bail in money laundering case after 28 months

India Today  

Suspended IAS officer Pooja Singhal, who has been in judicial custody for the last 28 months in an alleged money laundering case, was granted bail by a Jharkhand court on Saturday. The bail was granted to Singhal by a special Ranchi PMLA court, where her plea was heard under provisions of a law regarding prolonged judicial custody. The court had …

Court Bail Jharkhand Case Ias Officer Money Laundering Case Pooja Singhal
Delhi HC refuses to advance hearing on Kejriwal’s plea in money laundering case
2 weeks, 2 days ago

Delhi HC refuses to advance hearing on Kejriwal’s plea in money laundering case

The Hindu  

The Delhi High Court on Friday refused to advance the hearing of a case based on Aam Aadmi Party chief Arvind Kejriwal’s plea to set aside a trial court’s order taking cognisance of a chargesheet filed against him in a money laundering case. On November 21, the High Court had refused to stay the trial court’s proceedings against Mr. Kejriwal …

Delhi Court Case Cbi Kejriwal Money Laundering Case
Delhi excise policy scam: HC refuses to advance hearing on Kejriwal's plea in money laundering case
Trending News
2 weeks, 3 days ago

Delhi excise policy scam: HC refuses to advance hearing on Kejriwal's plea in money laundering case

The Hindu  

The Delhi High Court on Friday refused to advance the hearing on a petition by AAP chief Arvind Kejriwal challenging a trial court's order taking cognisance of a chargesheet filed against him in a money laundering case. On November 21, the high court refused to stay at that moment the trial court proceedings against Kejriwal in the money laundering case. …

Delhi Court Money Cbi Kejriwal Laundering Money Laundering Case
The quiet British market town that is an unlikely hotspot for the world's dirty cash: How £146m of suspicious money from offshore tax havens has been used to purchase property in sleepy location
2 weeks, 4 days ago

The quiet British market town that is an unlikely hotspot for the world's dirty cash: How £146m of suspicious money from offshore tax havens has been used to purchase property in sleepy location

Daily Mail  

With its cosy pubs, medieval parish church and quiet high street boasting a Gail's and a Waitrose, nothing points to Wokingham being a likely destination for the world's dirty cash. The sleepy Berkshire town of Wokingham has been revealed as a surprise hotspot for ‘suspect wealth’ channelled through offshore tax havens A pop-up market in the centre of the market …

London Properties Transparency Tax Money Laundering Money Town
Dubai arrests two Dutch alleged drug traffickers, including Ridouan Taghi’s son
2 weeks, 4 days ago

Dubai arrests two Dutch alleged drug traffickers, including Ridouan Taghi’s son

NL Times  

The police in Dubai have arrested two Dutch wanted for drug trafficking in two, separate arrests. Sources in the judiciary told the Telegraaf on Thursday that Taghi’s son Adil was arrested in Dubai last week and is now being detained in an unknown location in the United Arab Emirates. Lawyers who represent several Dutch people in the UAE told the …

Dutch Netherlands Money Laundering Drug Trafficking Son Arrested Belgian
Multibillion-dollar money laundering system used by criminals and spies exposed
2 weeks, 4 days ago

Multibillion-dollar money laundering system used by criminals and spies exposed

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A multibillion-dollar money laundering network run by two Russian millionaires …

Money Laundering Money National Network Russian Drug Smart
UK, US clamp down on money laundering rings allegedly favored by Russian oligarchs and Western drug gangs
Trending News
2 weeks, 5 days ago

UK, US clamp down on money laundering rings allegedly favored by Russian oligarchs and Western drug gangs

CNN  

CNN — UK and US authorities on Wednesday announced a major crackdown on a pair of billion-dollar money laundering rings that officials say has cleaned money for Russia’s elite, cybercriminals and drug-runners around the world. The US Treasury Department sanctioned alleged senior members of one of the money-laundering rings, while the alleged leader of the other money-laundering ring is in …

Money Cnn Russian Drug Alleged Nca Laundering