Money Laundering

ED raids residence, office of Videocon promoters Venugopal and Rajkumar Dhoot in Mumbai

More trouble for Anil Deshmukh, ED attaches assets worth Rs 4.20 crore

ED has attached assets worth about Rs 4 crore in connection with its money laundering case against Anil Deshmukh.

Bangladesh militants use Bitcoins for laundering money to Kashmir

Banned Bangladeshi militant outfits, Ansar Al Islam (AI) and Ansarullah Bangla Team (ABT), have sent a huge amount of money to another extremist group in Kashmir in the form of cryptocurrency, a senior police official said.

Yes Bank: ED raids Mumbai builder group in money laundering case

The ED on Monday conducted raids on at least ten premises of a Mumbai-based realty group in connection with its money laundering probe in the Yes Bank alleged bank fraud case, official sources said.

6 assets of Farooq Abdullah worth Rs 11.86 crore seized by ED

The Enforcement Directorate (ED) on Saturday seized 2 houses, 3 plots and one property worth Rs 11.86 crore of former Jammu and Kashmir chief minister Farooq Abdullah in relation to JK cricket association fund scam. The ED has taken action under PMLA act.

ED carries out countrywide raids against PFI, chairman in money laundering case

The ED on Thursday raided at least 26 premises in nine states linked to the Popular Front of India (PFI) including those of its chairman OM Abdul Salam and Kerala state chief Nasarudheen Elamarom as part of a money laundering probe, official sources said.

Chinese hawala kingpin Lau Sang bribed monks living in Delhi's Majnu ka Tila to spy on Dalai Lama

A 42-year-old Chinese national, who was arrested earlier this week by the Income Tax Department in connection with a Hawala racket operating in Delhi and NCR, had also bribed some Buddhist monks to collect information on the Dalai Lama.

Ex-Jharkhand minister Ekka sentenced to 7 years' rigorous imprisonment for money laundering

Former Jharkhand minister Anosh Ekka was on Thursday sentenced to seven years' rigorous imprisonment and slapped with a fine of Rs 2 crore by a special court in Ranchi in a money laundering offence, the Enforcement Directorate (ED) said.

UK court rejects Nirav Modi's bail plea for fifth time

A UK court on Thursday rejected for the fifth time the bail plea of fugitive diamond merchant Nirav Modi, who is fighting his extradition to India on charges over the nearly USD 2 billion Punjab National Bank (PNB) fraud and money laundering case.

Dewan Housing chairman Wadhawan gets bail in Mirchi case

A special court here on Friday granted bail to Kapil Wadhawan, chairman and MD of Dewan Housing Finance (DHFL) arrested in connection with a money laundering case also involving the late gangster Iqbal Mirchi.

INX Media case: Court directs CBI to hand over certain documents from charge sheet

A Delhi court on Tuesday directed the CBI to hand over to P Chidambaram and his son Karti certain documents filed along with the charge sheet in the INX Media corruption case.

CC Thampi: A typical rags-to-riches story

Starting off by doing odd jobs after moving to the Middle East in the 1980s, arrested NRI businessman C.C. Thampi's story is a typical rags-to-riches one. 

Mirchi aide held in money-laundering case sent to ED custody

Merchant is being probed by the ED in connection with illegal real estate deals of Iqbal Mirchi alias Iqbal Memon, an associate of Dawood Ibrahim, and his family. According to the ED, Merchant, who is in his 70s, has admitted to his links with Mirchi, a druglord who died in London in 2013.

ED attaches properties worth Rs 21 crore in NH 74 case

The agency further said that probe revealed that the farmers/land owners who had got higher compensation had utilised the excess amount in buying the immovable property, making deposits in bank and giving commission to Revenue officers/officials.  

INX case: P Chidambaram to judicial custody till November 13

A Delhi court on Wednesday sent former finance minister P Chidambaram to judicial custody till November 13 in the INX Media money laundering case. Special judge Ajay Kumar Kuhar dismissed the plea of the Enforcement Directorate for one day custodial interrogation of Chidambaram. The court directed Tihar authorities to provide Chidambaram with medicines, western toilet, security and separate cell.

Home-cooked food, separate cell: What Chidambaram wants in ED custody

Former Finance Minister P Chidambaram will be interrogated by the Enforcement Directorate in the INX Media money laundering case till October 24. A Delhi Court sent Chidambaram in ED custody on Thursday and allowed him certain facilities. Chidambaram has been granted permission to have home-cooked food, western toilet, medicines, separate cell during his ED custody.

Bank fraud case: ED attaches Rs 4,025 cr assets of BPSL

The Enforcement Directorate (ED) has attached immovable properties worth Rs 4,025.23 crore of Bhushan Power and Steel Limited (BPSL) in a money laundering case against the firm for siphoning off funds obtained as loans from various banks and financial institutions, the agency said on Saturday.

Karnataka Congress MLA appears before ED in D K Shivakumar case

The investigating officer of the case is expected to record her statement under the Prevention of Money Laundering Act (PMLA) even as she will be confronted with the statements made by Shivakumar and others, they said. 

Delhi court dismisses Chidambaram's plea to surrender in INX Media money laundering case

The Enforcement Directorate had on Thursday told the court that Chidambaram's arrest was necessary in the INX Media money laundering case and it will do so at an appropriate time.

INX Media scam: Chidambaram not required to be arrested now in PMLA case, ED tells court

ED said it will take him into custody in the INX Media money laundering case at an appropriate time.