MONEY LAUNDERING ACT
Delhi L-G okays recommendation for probe against Satyendar Jain in CCTV graft case
Delhi L-G approves probe against former minister Satyendar Jain for alleged corruption in CCTV project. Jain, already in jail for money laundering, faces new charges. AAP yet to respond to the accusations. Investigation to be carried out by Anti-Corruption Branch.
ED files charge sheet, attaches assets of ex J'khand minister Alamgir Alam, linked persons
The Enforcement Directorate has attached assets worth over Rs 4 crore of former Jharkhand minister Alamgir Alam in a money laundering case. Charges have been filed against Alam, his ex-PS, and others. Cash, vehicles, and jewelry seized. Investigation uncovers irregularities in tender allocation in the rural development department.
Hemant Soren: Youngest Jharkhand CM with chequered career
Hemant Soren, the youngest chief minister of Jharkhand, has a long and successful political career. Born in 1975, he debuted as a Rajya Sabha member in 2009 and later resigned from the Upper House of Parliament to take up the post of deputy chief minister in the BJP-led Arjun Munda government. After the collapse of the BJP-JMM government, Soren took charge of the state in 2013 with the support of the Congress and the RJD.
PNB scam: Court suspends non-bailable warrant against top executive of Gitanjali Group
A special anti-money laundering court suspended the non-bailable warrant against Sunil Varma, former Gitanjali Group executive linked to the PNB scam, allowing him to return to India for court appearance. Varma, accused alongside Choksi in the alleged bank fraud, faced warrants in money laundering and CBI cases. Bombay HC cancelled CBI warrant earlier, facilitating his return. Enforcement Directorate instructed not to execute warrant pending further orders.
ED arrests two in Chhattisgarh liquor 'scam'-linked money laundering case
The Enforcement Directorate has arrested two liquor businessmen in connection with a money laundering probe into an alleged excise scam in Chhattisgarh. The case, which is estimated to have generated over Rs 2,100 crore of slush funds, involved 70 individuals and companies, including former excise minister Kawasi Lakhma and former chief secretary Vivek Dhand. The ED has pegged the proceeds of crime at Rs 2,161 crore. Trilok Singh Dhillon was accused of being a "prime beneficiary" of the proceeds of crime through a "classic" mode of money laundering.
ED quizzes TV actors in forex scam
The federal agency had launched a probe on the basis of an FIR registered by Shivaji Nagar Police Station, Pune, against several persons for involvement in "showing false temptations of high returns and duping persons" in the guise of forex trading through OctaFx.
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Why Mahadev app not banned by Centre and Chhattisgarh governments: Bhupesh Baghel
Former Chhattisgarh Chief Minister Bhupesh Baghel criticised BJP MP Santosh Pandey's allegations in Lok Sabha regarding the Mahadev app scam, questioning why the BJP-led governments hadn't banned the platform. Baghel denied Pandey's accusations of operating a Rs 6,000 crore betting scheme during his tenure, pointing out that his government had taken action against the app's promoters. Baghel also expressed concerns over the app's continued operation under the current administration and plans to address the issue further.
Excise 'scam': HC says BRS leader Kavitha one of main conspirators, denies bail
BRS leader K Kavitha faces charges of corruption and money laundering in the Delhi Excise Policy case. Despite her political background, the court denied her bail, emphasizing the seriousness of the allegations against her. Kavitha maintains her innocence, alleging a conspiracy by the central government and the ED in her arrest.
Kerala: ED attaches land, bank deposits of CPI(M) in money laundering case
The Enforcement Directorate has attached a land parcel in Kerala and bank deposits worth Rs 73 lakh, alleged to belong to the CPI(M), in connection with a money laundering probe related to the Karuvannur Service Cooperative Bank "scam." The CPI(M) has denied allegations of wrongdoing and money laundering.
Arvind Kejriwal allowed medicines, home-cooked food and a 30-min meeting with wife Sunita during CBI custody
Delhi Chief Minister Arvind Kejriwal was sent to three days of CBI remand by the Rouse Avenue Court of Delhi on Wednesday in connection with the Excise policy case. Vacation Judge Amitabh Rawat granted the remand period until June 29, 2024, after considering submissions from both sides.
Kejriwal's sugar levels drop, allowed to have tea and biscuits in court complex
AAP accused BJP of conspiring against me, stressing my resilience against oppression. They highlighted the panic and dictatorship displayed by BJP during the arrest, emphasizing my unwavering stance.
FATF session begins today, India review also to be taken up
According to officials, the last mutual evaluation was conducted in 2009 and was delayed due to the Covid-19 pandemic. According to FATF, the international policy making body conducts mutual evaluations of its member countries by evaluating levels of implementation of the FATF recommendations.
ED gets 7-day remand of 'kingpin' in 2022 JKSSB SI paper leak case
Yatin Yadav, the alleged kingpin in the 2022 JKSSB sub-inspector recruitment exam paper leak case, was remanded to seven-day Enforcement Directorate custody by a special court in Jammu. The case involves the cancellation of a selected list of candidates due to paper leak and malpractice. The ED is now investigating Yadav's alleged involvement in a scheme to access leaked papers for payments ranging from Rs 15 lakh to Rs 30 lakh.
Supreme Court says Delhi High court stay on Arvind Kejriwal's bail unusual
The Supreme Court commented on the Delhi High Court's 'unusual' interim stay in Arvind Kejriwal's money laundering case, awaiting the HC's verdict on the ED's plea regarding the AAP chief's release.
FIU slaps Rs 18.82 cr penalty on crypto exchange Binance
FIU imposes Rs 18.82 crore penalty on Binance for alleged anti-money laundering law violation.
Delhi court grants bail to Kashmiri separatist leader Shabir Shah in money laundering case
A Delhi court has granted bail to Kashmiri separatist leader Shabir Ahmad Shah in a money laundering case related to alleged terror funding in Jammu and Kashmir. The court noted that Shah was in custody for six years and 10 months in the case in which the maximum punishment was seven years.
FIU imposes over Rs 1.66 crore fine on Axis Bank for failing to detect fraud NSG account
The Financial Intelligence Unit has fined Axis Bank over Rs 1.66 crore for failure to detect and report suspicious transactions involving a fraudulent account created in the name of the NSG counter-terrorist force. The agency's order under the PMLA found Axis Bank employees complicit in a large-scale fraud. The bank was directed to review its monitoring mechanisms, improve data-sharing practices, and implement stringent employee screening and training programs.
Jailed Jharkhand Minister Alamgir Alam resigns from state cabinet
Jharkhand Minister Alamgir Alam, embroiled in a money laundering case, has resigned from the state cabinet and as the leader of the Congress Legislature Party. His resignation comes after being arrested by the Enforcement Directorate following the seizure of Rs 32 crore cash linked to his aide. The BJP opposition had demanded his removal from the cabinet. Earlier, the chief minister had taken over Alam's portfolios.
Appellate tribunal quashes ED attachment of Praful Patel's assets worth Rs 179 crore
Delhi appellate tribunal sets aside ED's Rs 179 crore property attachment related to NCP leader Praful Patel and wife Varsha, citing 'double attachment' against legal principles.
Delhi court denies interim bail to Arvind Kejriwal
Delhi Chief Minister Arvind Kejriwal's plea for interim bail was dismissed by a local court on Wednesday. The court noted that his extensive poll campaigning indicated he wasn't seriously ill. The court also reactivated the AIIMS medical board to examine him and asked for medical tests to be conducted within three days. Kejriwal, arrested by the ED in March, had sought bail for medical tests and will have his regular bail plea heard on June 7. He returned to Tihar Jail on June 2 after campaigning for the Lok Sabha polls as per the Supreme Court's interim bail.
Forex remittances worth Rs 50,000 crore under ED scanner
Delhi-based entity made illegal sale of cryptocurrencies, sent proceeds to Hong Kong and Canada. Bank officials too being probed for leaking info, helping accused. The agency has carried out searches on residences of one of the suspects, Manideep Mago, and his company, Birfa IT Services.
'PMLA is Pradhan Mantri ki Lal Aankh': Kapil Sibal slams money laundering law
"PMLA is Pradhan Mantri ki Lak Aankh. It has nothing to do with Prevention of Money Laundering Act. It means you can send them over to ED who can do whatever they wish to do," Sibal said in a free-wheeling conversation with ANI.
Supreme Court questions Hemant Soren's bail plea after special court takes cognisance of chargesheet
The Supreme Court questioned former Jharkhand Chief Minister Hemant Soren's lawyer about challenging his arrest in a money laundering case. The Enforcement Directorate opposed his plea for interim bail. court rescheduled next hearing for May 22. Soren's lawyer defended his client's arrest as illegal, citing lack of evidence. Jharkhand High Court previously rejected Soren's plea challenging his arrest.
ED: Cash seized from Ranchi flat pertains to minister Alamgir Alam
The ED had raided Alam's personal secretary Sanjeev Kumar Lal and his domestic help Jahangir Alam on May 6 and recovered a total Rs 32.2 crore from a flat in the name of the latter person. The total cash seizure in this case is Rs 37.5 crore.
Mahadev betting app 'scam': Chhattisgarh EOW/ACB raids 29 places in five districts
Raids conducted by EOW/ACB in connection with Mahadev betting app scam during Congress government. Arrests made, including key app promoters. Money laundering investigation ongoing with involvement of multiple individuals and significant proceeds of crime.
Delhi excise policy: ED to file charge sheet against Arvind Kejriwal, K Kavitha and others
Enforcement Directorate plans to file a charge sheet in the Delhi excise policy-linked money laundering case, naming Arvind Kejriwal, BRS leader K Kavitha, and others as accused, including individuals and companies.
Jharkhand minister's secretary collected commission for 'influential people': ED
The total seizure of cash by the ED in the case has been recorded at around Rs 36.75 crore as the agency seized about Rs 3 crore from another location that included Rs 10.05 lakh from Lal's place. Rs 1.50 crore was also seized from a contractor's premises on Tuesday.
Why didn't you file for bail, Supreme Court asks Arvind Kejriwal
On the question of Kejriwal not joining the investigation despite repeated summons issued by ED, Singhvi contended that "non-cooperation cannot be a ground for arrest". He argued that ED arrested Kejriwal from his residence but did not record his statement under Section 50 of the Prevention of Money Laundering Act (admissible in a court of law).
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