Tag: Money laundering
17 Results
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Pressure on Pak to act on terror after FATF ‘black list’ warning: Army Chief Bipin Rawat
The global watchdog for terror financing and money laundering had on Friday warned Pakistan of blacklisting it if it fails to take complete measures on terror financing and money laundering by February 2020.
October 19, 2019 -
‘Swiftly complete full action plan by Feb 2020 or face action’: FATF warns Pakistan
The FATF stated that in an otherwise situation, it would take action including urging members to advise their financial institutions to give special attention to business relations/transactions with Islamabad.
October 18, 2019 -
FATF likely to place Pak in ‘Dark Grey’ list till Feb 2020, to announce decision today
'Dark Grey' means the issuance of a strong warning so that the country concerned gets one last chance to improve.
October 18, 2019 -
INX Media case: ED arrests Cong leader P Chidambaram after interrogation at Tihar jail
A Delhi court had on Tuesday allowed the Enforcement Directorate to arrest the former finance minister in connection with the money laundering case.
October 16, 2019 -
INX Media case: Delhi court allows ED to quiz Chidambaram, arrest him if needed
The 74-year-old Congress leader has been in Tihar jail since September 5 in connection with the INX Media case.
October 15, 2019 -
Pakistan likely to be placed in ‘Dark Grey’ list, left isolated at FATF meet: Report
The FATF had in August put Pakistan in the 'enhanced expedited follow-up list' (blacklist) for its failure to meet its standards.
October 15, 2019 -
ED summons DK Shivakumar’s mother, wife for questioning
According to the officials Shivakumar's mother and wife needed to be summoned as the agency got some evidences about financial transactions while questioning several other persons in the last one month.
October 14, 2019 -
Pakistan ‘under pressure’: NSA Ajit Doval ahead of FATF meet
Although the APG has recommended that Pakistan be downgraded to the blacklist due to its poor compliance on measures to tackle terror funding, the FATF is most likely to keep it in the grey list.
October 14, 2019 -
Pakistan quietly ‘de-listing terror groups, unfreezing their accounts’: FATF report
The APG report further stated that detailed statistics on year of freezing action were not provided and it is not clear which terrorist groups the accounts frozen were associated with.
October 8, 2019 -
‘Pak has not taken sufficient action against terrorists, terror groups’: FATF report
The long-awaited 228-page report was published on Saturday, a week before the FATF is set to announce its decision to remove or retain Pakistan in its grey list.
October 7, 2019 -
Missing PMC Bank MD Joy Thomas arrested from Mumbai: Police
Absconding since the past four days, Joy Thomas' arrest came a day after the Chairman and the Managing Director of HDIL were arrested by the Economic Offences Wing (EOW) of the Mumbai Police.
October 5, 2019 -
HDIL promoters, PMC Bank board members charged with money laundering in loan default case
Rakesh Kumar Wadhawan, the Chairman, and Sarang Wadhawan, Managing Director of HDIL were arrested by the Economic Offences Wing (EOW) of the Mumbai Police earlier on Thursday.
October 4, 2019 -
Chidambaram’s judicial custody extended till October 17
Earlier today, Chidambaram had moved the Supreme Court seeking bail in the INX Media corruption case after being denied the same by the Delhi High Court on Monday.
October 3, 2019 -
Chidambaram moves SC seeking early hearing on bail plea in INX Media case; CJI to decide
The Delhi High Court had on Monday once again rejected the bail application of Chidambaram in the INX Media case on the ground that the Congress leader might influence witnesses.
October 3, 2019 -
Sharad Pawar drops plan to suo moto ‘present’ himself at ED office after probe agency writes to him
Mumbai Commissioner of Police Sanjay Barve also visited Sharad Pawar's residence in Mumbai and requested him not to visit ED office as prohibitory orders were in place.
September 27, 2019 -
Action by ‘vindictive govt’ reeks of ‘political opportunism’: Rahul Gandhi on Sharad Pawar
The ED has registered a money laundering case against Sharad Pawar, his nephew Ajit Pawar, and several other politicians and officials in the Maharashtra State Cooperative Bank (MSCB) scam worth around Rs 25,000 crore.
September 27, 2019 -
ED opposes DK Shivakumar’s bail application, says can influence investigation
The agency said that Shivakumar, who is in judicial custody, did not cooperate during interrogation despite direct documentary evidence linking him with proceeds of crime in the case.
September 20, 2019