INX Media PMLA case: ED questions Karti Chidambaram again
The investigating officer of the case recorded the statement of Karti, a Congress MP from Tamil Nadu''s Sivaganga, under the Prevention of Money Laundering Act (PMLA).
INX Media PMLA case: ED 'grills' Karti chidambaram again
Karti Chidambaram, son of former Union minister P Chidambaram, appeared before the E...
ED arrests NRI businessman Thampi in PMLA case linked to property deals
The Dubai-based businessman has also been summoned by the agency in t...
ED summons Air Asia executives, CEO Tony Fernandes in PMLA case
Tony Fernandes and others stand booked by the Central Bureau of Investigation (CBI) on charges of criminal conspiracy under the Prevention of Corruption Act. The Enforcement Directorate (ED) is also probing allegations of money laundering. CBI registered the FIR on May 29, 2018 following a case registered by the ED on charges of money laundering.
ED questions P Chidambaram in UPA-era aviation scam case
The case pertains to alleged losses suffered by Air India due to the alleged multi-crore aviation scam and irregularities in fixing air slots for international airlines.
Bank fraud: ED attaches Rs 18-crore assets of Gujarat firm
The company, the agency said in a statement, "had availed fund-based and non-fund based financial assistance from a consortium of 13 banks led by Canara Bank and later on defaulted in repayment of loans to the tune of Rs 2,107 crore."
Bank loan fraud: ED arrests 2 on money laundering charges in Hyderabad
The case pertains to the accused fraudulently availing loans, in connivance with others, from a consortium of banks and subsequent default of loans to the tune of Rs 1,768 crore, ED said in a statement said. "Investigation so far has unearthed 33 shell companies and more than forty contractors in this case," the ED said.
ED seeks possession of house owned by Robert Vadra company
ED has filed an application urging the PMLA tribunal to vacate the stay clamped by the appellate authority in August 2019 on any “coercive action” by the central agency against Vadra and his company, Sky Light Hospitality Pvt Ltd, said people aware of the matter. ED had attached the house, registered in the company’s name, in February last year.
PMLA court allows liquidation of Vijay Mallya's assets
A special purpose court dealing with money laundering offences has allowed banks that lent money to Vijay Mallya to utilise the embattled li...
ED attaches Rs 78-cr worth assets of Chanda Kochhar in alleged bank loan fraud case
In what can be seen as another blow to former ICICI BankNSE -1.11 % MD and CEO Chanda Kochhar, the Enforcement Directorate (ED) provisionall...
ED attaches Rs 78-cr assets of ex-ICICI Bank CEO Chanda Kochhar, family
According to sources, Chanda Kochhar's flat in Mumbai, certain shares and investments have been attached by the investigating agency. Deepak Kochhar's business properties too were attached by the ED. The ED has registered a criminal case under the PMLA in 2019 against Chanda Kochhar, Deepak Kochhar, Venugopal Dhoot of Videocon Group and others.
e-KYC likely to be Aadhaar for non-banks
Government is hesitant to allow these nonbanks direct access to the UIDAI database.
NCLAT directs ED to file final affidavit in BPSL assets attachment matter
A two-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya also asked the ED to clarify about its role after the attachment of assets of Bhushan Power and Steel Ltd (BPSL). The NCLAT has directed to list the matter on December 12 for the next hearing. The appellate tribunal was hearing a batch of petitions, against the attachment of BPSL assets.
Court allows liquidation of Vijay Mallya's assets
The Prevention of Money Laundering Act (PMLA) court in Mumbai also said the ruling has been stayed till January 18, until which all parties affected by the order could appeal to the Bombay High Court. The seized assets mainly comprise financial securities, such as shares.
Iqbal Mirchi PMLA case: Dheeraj Wadhawan, 15 others in ED chargesheet
The agency is probing alleged illegal purchases of certain properties of the Sir Mohammad Yusuf Trust at Worli, in south-central Mumbai, by Mirchi; ED believes the purchases are “proceeds of crime, and were later sold by Mirchi to two builders through agents.
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