Page 5 - Enforcement Directorate

Land for jobs 'scam': ED carries out searches in multiple cities of Bihar

The Enforcement (ED) Friday conducted searches in multiple cities of Bihar in connection with a money laundering investigation into the land for jobs 'scam' case in which RJD leaders Lalu Prasad and his wife Rabri Devi were questioned recently by the CBI. The searches are covering some leaders linked to the Rashtriya Janata Dal (RJD) in towns like Patna and Phulwari Sharif, officials said. The case pertains to people allegedly given employment in the railways in return for land parcels gifted or sold at cheap rates to the Yadav family and its associates, they said. The CBI has filed a charge sheet in the case against Prasad, his wife and former Bihar chief minister Rabri Devi and 14 others under charges of criminal conspiracy and provisions of the Prevention of Corruption Act, and all the accused have been summoned on March 15, officials had said. The ED case, filed under the criminal sections of the Prevention of Money Laundering Act, stems from this CBI complaint. Both Lalu Pras

Delhi excise policy: ED arrests Sisodia on money laundering charges

The Enforcement Directorate (ED) on Thursday arrested AAP leader and former deputy chief minister Manish Sisodia on money laundering charges in connection with alleged irregularities in the Delhi excise policy, official sources said. The 51-year-old was placed under arrest under the Prevention of Money Laundering Act (PMLA) following his second round of questioning at the Tihar jail, they said. The agency alleged Sisodia was "evasive" in his replies and was "not cooperating in the probe." Sisodia is currently lodged in judicial custody after the CBI arrested him on February 26 in connection with alleged corruption in the formulation and implementation of the now-scrapped Delhi liquor or excise policy for 2021-22. The first round of Sisodia's questioning by the ED took place on March 7.

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Crypto under PMLA: Industry gives thumbs up, expects higher investor faith

Cryptocurrency news: On Tuesday, the Centre issued a notification to bring VDAs under the ambit of anti-money laundering law in India

Delhi excise policy: ED questions Manish Sisodia second time in Tihar

The Enforcement Directorate (ED) Thursday began the second round of questioning of former deputy chief minister Manish Sisodia at the Tihar Jail here in connection with its money laundering probe into alleged irregularities in the Delhi excise policy, officials said. The federal probe agency had recorded the statement of the 51-year-old Aam Aadmi Party (AAP) leader for the first time on March 7 for about five hours. Sisodia is currently lodged in judicial custody after the CBI arrested him on February 26 in connection with alleged corruption in the formulation and implementation of the now-scrapped Delhi liquor or excise policy for 2021-22. The ED obtained a local court's permission to question the politician, who till recently was the deputy CM of Delhi, in the cell number 1 of the jail. The agency is expected to question him about the alleged change and destruction of cellphones that were in his possession and the policy decisions and the timeline followed by him as the excise ..

ED raids 9 places in Kashmir in connection with MBBS seats allotment racket

Sleuths of ED started raids at the places, including three in Srinagar district in connection with the allotment of MBBS seats to residents of J&K in different colleges in Pakistan

Cryptocurrency under PMLA: What changes for those investing in VDAs now?

Cryptocurrency news: If found guilty under PMLA, the person who committed money laundering can be awarded rigorous imprisonment for a minimum of three years up to seven years, with a fine

Delhi excise policy case: BRS leader Kavitha to appear before ED on Mar 11

Telangana Chief Minister K Chandrashekar Rao's politician daughter K Kavitha on Wednesday said she will appear before the Enforcement Directorate on March 11 in connection with a money laundering case linked to alleged irregularities in the Delhi excise policy. Kavitha Kalvakuntla (44), a Bharat Rashtra Samithi (BRS) MLC, declared this in a late-night post on her official Twitter handle. "I will be appearing before the Enforcement Directorate in New Delhi on March 11, 2023," she said. The BRS leader landed in the national capital from Hyderabad late evening. She was summoned by the ED to depose before it on March 9. Kavitha has been called by the agency so that she can be confronted with Hyderabad-based businessman Arun Ramchandran Pillai, an alleged frontman of the "south group", who was arrested by the ED on Monday. The agency will record Kavitha's statement under the Prevention of Money Laundering Act (PMLA) during this confrontation. Pillai is in ED custody and the agency had

Excise policy case: BRS minister slams BJP; says Centre targeting KCR govt

Bharat Rashtra Samithi (BRS) Minister Jagdeeshwar Reddy on Wednesday slammed the ruling Bharatiya Janata Party govt for targeting party MLC K Kavitha after she was summoned by ED on March 11 in Delhi liquor policy case.Speaking to the media, Reddy said that the BJP Government under Prime Minister Modi is targeting Chief Minister K Chandrashekar Rao-led government in Telangana and Kejriwal-led AAP government in Delhi."BJP has been violating the Constitution & misusing the constitutional agencies and trying to suppress the opposition parties," said Jagdeeshwar Reddy, BRS Minister."In Kavitha's issue, I have been maintaining that this case is nothing but political vendetta and the case was registered after a BJP MP made allegations," he said.BRS Minister claimed that they (BJP) are attempting to suppress the AAP govt, and more than that, they're trying to damage CM KCR's morale because he's exposing BJP and PM Modi."That's why all this is being done by BJP Govt. These cases can ...

Congress workers stage protest in Pune, seek ED, JPC probe in Adani group

Congress workers staged a protest outside a State Bank of India (SBI) branch in Pune city on Wednesday and demanded that Adani group's financial affairs be probed by the Enforcement Directorate (ED) and also a Joint Parliamentary Committee (JPC). Pune city Congress president Arvind Shinde and other party leaders participated in the protest outside the SBI branch near Pune collectorate. "Our leader Rahul Gandhi has been demanding a Joint Parliamentary Committee probe into the Adani group share crash issue, but no probe has been initiated so far. SBI and LIC's investments in Adani group shares have received heavy losses. Who told LIC and SBI to invest money in Adani group shares?" Shinde asked. He said it was the Supreme Court that ordered setting up of a six-member committee to look into various regulatory aspects for stock markets, including the recent Adani Group shares crash triggered by the Hindenburg Research's fraud allegations. "Was it not the government's responsibility to

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Delhi Excise policy case: KCR's daughter Kavitha to be questioned tomorrow

In a major development in the ongoing investigation in the Delhi Excise Policy 2021-22 alleged money laundering case, ED has summoned K Kavitha for questioning on Thursday, sources said

Cattle smuggling: Delhi court sends TMC's Anubrata Mandal to ED custody

A Delhi court on Wednesday sent TMC leader Anubrata Mondal to ED custody till March 10 in an alleged money laundering case related to West Bengal cattle smuggling case. The midnight court passed the order on a plea moved by the Enforcement Directorate (ED), which sought his 14-day custody and said the accused was required to be quizzed. Special Judge Rakesh Kumar directed the agency, represented by Special Public Prosecutor Nitesh Rana, to produce the accused on March 10 before the regular court. The ED on Tuesday got custody of arrested Trinamool Congress (TMC) leader Mondal after doctors at Joka-ESI Hospital in West Bengal found him fit to travel to New Delhi. ED officials took Mondal straightaway to the city airport under tight security of central forces to catch a flight to the national capital, the agency said. Mondal, the TMC's Birbhum district president and a close aide of West Bengal Chief Minister Mamata Banerjee, was earlier arrested by the CBI in connection with the rel

Delhi excise policy case: Arun Pillai acted as benami of Kavitha, says ED

The Enforcement Directorate (ED) has said that Hyderabad-based businessman Arun Ramchandra Pillai, who was arrested in the Delhi excise policy case on Monday night, acted as the benami of K. Kavitha

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Excise case: ED questions Sisodia for 5 hrs; another businessman arrested

The Enforcement Directorate (ED) Tuesday questioned and recorded the statement of former Delhi deputy chief minister Manish Sisodia for about five hours as part of its money laundering probe into alleged irregularities in the excise policy matter, official sources said. The questioning is expected to continue over the next few days. The federal probe agency also made a fresh arrest in this case as it took into custody Hyderabad-based liquor businessman Arun Ramchandra Pillai on Monday evening, they said. The ED's investigators reached the Tihar Jail to question and record the statement of Sisodia under the Prevention of Money Laundering Act (PMLA). The sources said the questioning ended after about 5 hours and the agency is expected to grill him again on Wednesday or Thursday. The CBI had arrested Sisodia on February 26 in connection with alleged corruption in the formulation and implementation of the now-scrapped Delhi liquor or excise policy for 2021-22. He is lodged in judicia

Excise case: ED questions Sisodia in Tihar Jail; another bizman arrested

The Enforcement Directorate (ED) Tuesday questioned and recorded the statement of former Delhi deputy chief minister Manish Sisodia as part of its money laundering probe into alleged irregularities in the excise policy matter, official sources said. The federal probe agency also made a fresh arrest in this case as it took into custody Hyderabad-based liquor businessman Arun Ramchandra Pillai on Monday evening, they said. The ED investigators reached the Tihar Jail to record the statement of Sisodia under the Prevention of Money Laundering Act (PMLA). The CBI had arrested Sisodia on February 26 in connection with alleged corruption in the formulation and implementation of the now-scrapped Delhi liquor or excise policy for 2021-22. He is lodged in judicial custody till March 20. The ED obtained the court's permission to question the 51-year-old Aam Aadmi Party (AAP) leader, who till recently was the deputy CM of Delhi, in the cell number 1 of the jail for three days. The agency is

Excise case: ED to question Manish Sisodia in Tihar Jail, says report

The Enforcement Directorate on Tuesday is expected to question and record the statement of former deputy chief minister Manish Sisodia as part of its money laundering probe into alleged irregularities in the Delhi excise policy, official sources said. The federal probe agency also made a fresh arrest in this case as it took into custody Hyderabad-based liquor businessman Arun Ramchandra Pillai, they said. Officials of the ED will reach the Tihar Jail around noon to record the statement of Sisodia under the Prevention of Money Laundering Act. Sisodia was arrested by the CBI in this case last month and he is currently in judicial custody. Pillai was taken into custody under the criminal sections of the Prevention of Money Laundering Act (PMLA) on Monday evening following a long session of questioning. The businessman, alleged to to have represented the 'Soith Group' of liquor traders in this case, is the 11th person to be arrested in the case by the ED. He will be produced before a

ED seizes Rs 1.21 cr cash, jewellery after raids in investment fraud case

The Enforcement Directorate (ED) Monday said it has seized Rs 1.21 crore cash and gold and diamond jewellery worth more than Rs 5 crore after it raided some Nagpur-based persons in a money laundering case linked to alleged investment fraud that cheated numerous investors. The searches were launched on March 3 at 15 places in Nagpur and Mumbai and covered the premises of "main accused" Pankaj Mehadia, Lokesh Jain and Karthik Jain apart from main beneficiaries, it said in a statement. The money laundering case stems from a Nagpur Police FIR field against Pankaj Nandlal Mehadia, Lokesh Santosh Jain, Kartik Santosh Jain, Balmukund Lalchand Keyal, Premlata Nandlal Mehadia in a case of "fraud causing loss to investors in crores of rupees." "Pankaj Mehadia along with other accomplices was running a ponzi scheme and lured various investors by promising to give 12 per cent assured profit after deducting TDS on investments made from the year 2004 to 2017," it alleged. "Throughout the period

Calcutta HC clears way for ED to take Anubrata to Delhi in smuggling case

Clearing the way for the Enforcement Directorate (ED) to take senior Trinamool Congress leader Anubrata Mondal to Delhi for questioning in connection with a cattle smuggling case, the Calcutta High Court on Saturday set aside a petition by him challenging a production warrant issued by a special CBI court. The court also ordered Mondal to pay a fine of Rs one lakh for forum shopping. Rejecting the petition by Mondal challenging a production warrant issued by the special CBI court at Asansol in West Bengal, Justice Bibek Chaudhuri directed that the TMC Birbhum district president be taken to Delhi by air. He directed that doctors posted in a central government hospital in Kolkata in the department of general medicine, cardiology and general surgery will examine Mondal and issue a medical certificate stating the condition of the health of the petitioner before he is handed over to the ED. Justice Chaudhari directed that a medical officer will accompany Mondal to Delhi and he will be .