Tag: Money Laundering Act

ED questions actor Prosenjit Chatterjee over his company’s links to Rose Valley

Officials of Idea Locations and Production Pvt Ltd were also questioned by the agency in connection with the PMLA case recently, said a source.

July 20, 2019

RBI should disclose the list of defaulters: Congress

Many cooperative banks, especially in Gujarat, are not disclosing the list of defaulters. The government is favouring its crony capitalist friends. Why is the government not directing the RBI to disclose the information?

April 28, 2019

Manesar land case: ED attaches properties worth Rs 42 cr

In a press release, the financial probe agency said: "ED provisionally attached immovable properties worth Rs 42.19 crore of ABW Infrastructure Ltd. and its group companies in illegal land acquisition case under Prevention of Money Laundering Act."

December 28, 2018

Aircel-Maxis deal: ED questions Karti Chidambaram

The Enforcement Directorate (ED) on Tuesday questioned Karti Chidambaram, son of Congress leader P. Chidambaram, for allegedly receiving kickbacks for getting FIPB clearance in the Aircel-Maxis deal when his father was the Finance Minister in 2006. The junior Chidambaram was questioned at the Directorate’s headquarters here over the alleged money laundering through his firms in …

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April 10, 2018

ED files chargesheet against Delhi businessman

The Enforcement Directorate (ED) on Saturday filed a chargesheet against businessman Gagan Dhawan, arrested in connection with an over Rs 5,000 crore bank fraud. The chargesheet was filed before Additional Sessions Judge Sidharth Sharma, who has listed the matter for January 3 for considering the investigation report. Dhawan, who is in judicial custody, was arrested …

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December 23, 2017

Historic verdict

More “hot” issues hogged the headlines, so limited attention was drawn to an apex court bench of Justices Rohinton F Nariman and Sanjay Kishan Kaul recently striking a firm blow for personal freedom against the financial/ economic police ~ regardless of the political complexion of the government in power. The apex court bench declared that …

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December 1, 2017

VVIP chopper deal: ED opposes woman Director’s bail plea

The Enforcement Directorate (ED) on Friday opposed the bail plea of a woman Director of a Dubai-based company in a money-laundering case related to the AgustaWestland VVIP chopper deal. Public Prosecutor Navin Kumar Matta requested Special Judge Arvind Kumar not to grant bail to Shivani Saxena, citing serious nature of offence filed against the woman …

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October 6, 2017

Shabir Shah’s custody extended till Oct 13

A Delhi court today extended the judicial custody of Kashmiri separatist leader Shabir Shah and a suspected hawala dealer till October 13 in a 2005 money laundering case for alleged terror financing. Additional Sessions Judge Sidharth Sharma also gave copies of the final report (charge sheet) to accused Shah and alleged hawala dealer Mohammed Alsam …

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September 27, 2017