Economic Offences Wing

The Economic Offenses Wing (EOW) of Uttarakhand Police will investigate allegations of money laundering of around Rs 200 crore against a company owned by the wife of a close aide of former Uttarakhand Chief Minister Trivendra Singh Rawat. The BJP leader had to quit the top office in March 2021 following a "collective decision" by the party. Sworn in as CM on March 18, 2017, he had just nine days left to complete four years of his tenure when he had to call it quits. The BJP retained power in the state in the Assembly polls held earlier this year. The opposition parties led by the Congress have alleged that Dehradun-based Social Mutual Benefit Company Limited, owned by the wife of Rawat's former advisor K S Panwar, allegedly opened bank accounts in the names of thousands of people in a fraudulent manner from 2017 to 2020 and converted black money into white. They also claimed that Panwar had quit as the director of the company after becoming the chief minister's advisor and made his

Bollywood actor Jacqueline Fernandez on Monday appeared before the Economic Offences Wing in connection with an investigation related to an extortion case linked to alleged conman Sukesh Chandrashekhar, officials said. This is the second time that the actor has been summoned for questioning by Delhi Police for her alleged role in the case, officials said. A senior police officer said Fernandez has joined the probe and is being questioned at the office of Economic Offences Wing on Mandir Marg. Last Wednesday, Fernandez was quizzed for over eight hours along with Pinki Irani, the person who allegedly introduced the actor to Chandrashekhar. Investigation had revealed that Chandrashekhar had on his birthday offered a motorcycle to Fernandez's agent Prashant but he declined to take it. All the same, Chandrashekhar left the two-wheeler and its keys at Prashant's place, police had said earlier. The vehicle was seized, they added. Chandrashekhar, who is currently in jail here, is accused

The Mumbai police's Economic Offences Wing has arrested the chief financial officer (CFO) of an agro company for allegedly duping an investor for Rs 117 crore, an official said on Thursday

EOW of Mumbai police registered a fresh case against builder Sanjay Chhabria and DHFL promoter Kapil Wadhwan for allegedly cheating a real estate firm to the tune of Rs 150 crore

The Odisha Police's Economic Offence Wing has asked Google Inc to immediately remove 45 'fake' loan apps from the Google Play Store

Govt school teacher posted in Gwalior has assets that are over 1,000 times his known sources of income, says EOW official

The order was issued by the Home Department with the Lieutenant Governor's approval.

The government on Wednesday approved amendments to the Limited Liability Partnership (LLP) Act, including decriminalising 12 offences under the law

Mumbai-based brokerage misused client funds worth Rs 119 crore, says regulator's investigation

The fund house could take second vote for appointing a liquidator

The Economic Offence Wing of Delhi Police has registered an FIR against Nayati Healthcare's Niira Radia and four others for alleged embezzlement of over Rs 300 crore of bank loan

The Economic Offences Wing of the Delhi Police has arrested the directors of Amrapali group in connection with two cases of cheating, an official said

Sebi, the specialised regulator for the securities market, is best placed to handle any issues related to mutual fund investments, FT said in a note to unitholders

Franklin Templeton Mutual Fund shut six debt mutual funds on April 23 citing unfavourable conditions in the debt market due to the Covid-19 pandemic

It is estimated that about Rs 700 - 900 crore of likely liability may hit the bank

The FIR also named Santosh Das Kamath, MD and chief investment officer, FTAMIL

According to sources in the EOW, it closed the case against Scindia and his family on Friday

Company believed to have siphoned off huge amounts of money to various shell companies

Enforcement Directorate is probing the money-laundering angle in the scam

Additional Sessions Judge Sandeep Yadav sent Singh to ED remand after the agency sought his 14-day custodial interrogation.