Money Laundering Case

Delhi HC dismisses Satyendar Jain's bail plea in money laundering case

The Delhi High Court on Thursday dismissed the bail plea of jailed former Delhi minister Satyendar Jain in a money laundering case being probed by the Enforcement Directorate (ED). The high court, while dismissing the Aam Aadmi Party (AAP) leader's bail plea, said he is an influential person and may tamper with evidence. Jain, who was arrested on May 30 last year by the agency, is accused of having laundered money through four companies allegedly linked to him. Justice Dinesh Kumar Sharma also rejected the bail pleas of co-accused in the case -- Vaibhav Jain and Ankush Jain. The detailed order is awaited. The high court said there was no illegally or infirmity in the trial court's order by which bail pleas were dismissed. The three accused had challenged the trial court's November 17 last year order. The high court had reserved the order on the bail pleas on March 21 after hearing arguments of the counsels for the ED and the AAP leader and two others.

ED attaches Ambience Tower worth over Rs 252 cr in money laundering case

Delhi-based Ambience Tower belongs to Ambience Towers Pvt. Ltd, a company of Ambience Group, promoted by Raj Singh Gehlot, the ED said

Manish Sisodia sent to 14-day judicial custody in Delhi excise policy case

A Delhi court on Wednesday sent former Deputy Chief Minister Manish Sisodia to 14-day judicial custody in a money laundering case arising out of the excise policy matter. Special Judge M K Nagpal sent the senior AAP leader to jail till April 5 after the Enforcement Directorate (ED) produced him on conclusion of his custodial interrogation in the matter. The anti-money laundering probe agency has so far quizzed Sisodia for seven days in its custody in the matter. On Tuesday, the special court deferred the hearing to March 25 on the bail plea of Sisodia in the main case being probed by the CBI. The CBI on February 26 arrested Sisodia in connection with alleged corruption in the formulation and implementation of the now-scrapped Delhi Excise Policy 2021-22. The ED arrested Sisodia on March 9 in Tihar jail, where he was lodged in connection with the case being probed by the CBI.

Will teach BJP lesson at appropriate time: BRS MLA on K Kavitha's ED probe

The ED on Tuesday questioned BRS MLC K Kavitha for over 10 hours in the national capital regarding her alleged role in the Delhi liquor policy case

BRS leader Kavitha writes to ED, says she is submitting phones to agency

BRS leader K Kavitha Tuesday said she has submitted the phones used by her so far to the Enforcement Directorate (ED) as she appeared for questioning before the agency in the Delhi excise policy linked money laundering case. In a letter to the ED, the 44-year-old MLC daughter of Telangana Chief Minister K Chandrashekar Rao, said "These phones are submitted without prejudice to my right and contentions and larger contentions whether a woman's phone can be intruded, in the teeth of her right to privacy". Before she entered the agency office, Kavitha flashed some mobile phones kept in a transparent sheet, and said she was going to submit them to the ED. Referring to the agency's allegation in its first charge sheet filed in this case last year that Kavitha was using at least two mobile numbers whose IMEI changed 10 times, Kavitha said, "It is baffling to note as to how, why and under what such circumstances agency made such allegations when I was not even summoned or asked any question

Delhi excise policy case: Kavitha appears before ED for questioning

BRS leader K Kavitha on Monday appeared before the Enforcement Directorate (ED) here for the second round of questioning in the Delhi excise policy linked money laundering case, officials said. The 44-year-old MLC daughter of Telangana Chief Minister K Chandrashekar Rao was first questioned in the case on March 11 following which she was summoned again on March 16. Kavitha, however, skipped the deposition citing her pending plea for relief against the ED action in the case. The federal probe agency rejected her claims and asked her to depose on March 20. During the nine hours she spent at the ED office on March 11, Kavitha is understood to have been confronted with the statements made by Hyderabad-based businessman Arun Ramchandran Pillai, an arrested accused in the case who allegedly shares close ties with her, apart from those of few others involved in the case. The BRS MLC's statement was recorded under the Prevention of Money Laundering Act (PMLA). Kavitha has asserted that s

Delhi excise policy case: ED likely to confront Sisodia with his PA today

Aam Aadmi Party leader and former Deputy Chief Minister Manish Sisodia's PA, Devender Sharma is likely to join the probe of the ED in connection with the Delhi excise policy scam case

Delhi HC grants bail to Shakti Bhog Foods' CMD in money laundering case

The Delhi High Court on Friday granted bail to Kewal Krishan Kumar, Chairman & Managing Director (CMD) of the Delhi-based Shakti Bhog Foods Limited, in a money laundering case linked to an alleged Rs 3,200 crore bank loan fraud.

Delhi excise policy scam: Kavitha to appear for questioning before ED today

BRS MLC K. Kavitha is scheduled to appear before the Enforcement Directorate (ED) on Thursday in connection with the central agency's probe into the Delhi Excise Policy scam case

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 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

Delhi HC seeks ED stand on plea by Sukesh against money laundering charges

The Delhi High Court on Thursday asked the Enforcement Directorate to state its stand on a plea by alleged conman Sukesh Chandrashekhar challenging the framing of charges against him under the anti-money laundering law in connection with a 2017 Election Commission bribery case. Justice Dinesh Kumar Sharma heard the counsel for the petitioner as well as the agency, and said the matter "needs further consideration" while seeking written submissions from the parties. "Both of you file written submissions. I am not issuing notice (at this stage)," said the judge. The counsel for the petitioner said that in view of the stay on proceedings in the scheduled offence in the matter, the trial court could not have framed charges under Prevention of Money Laundering Act (PMLA). "Scheduled offence is the base. When it goes, everything goes, said the lawyer. Counsel for the Enforcement Directorate said that the petition was a dilatory tactic and if the petitioner's argument is accepted, it woul

Court extends Sukesh Chandrashekhar's ED custody in money laundering case

A Delhi court on Friday extended by three days the ED custody of Sukesh Chandrashekhar in a money laundering case related to alleged extortion of around Rs 4 crore from prominent entrepreneur Malvinder Singh's wife Japna M Singh. The judge extended the custody of the alleged conman after he was produced before court on expiry of his nine-day ED custody. The court passed the order on an application filed by the Enforcement Directorate which said it needed to interrogate him to track the money trail. The anti-money laundering probe agency also got 5 days' police remand of co-accused Deepak Ramdani. Sukesh Chandrashekhar was arrested following registration of an Enforcement Case Information Report (ECIR), the ED's version of an FIR, for allegedly duping Malvinder Singh's Wife Japna Singh of Rs 3.5 crore in order to secure bail for her husband arrested in a criminal case. Singh is a former promoter of Fortis Healthcare. According to the complaint, Chandrashekhar had called Japna M Si

ED questions Delhi CM Kejriwal's PA in excise policy money laundering case

The Enforcement Directorate (ED) on Thursday questioned Delhi Chief Minister Arvind Kejriwal's PA Bibhav Kumar in the money laundering case linked to alleged irregularities in the Delhi excise policy, officials said. Kumar deposed before the federal probe agency here and the investigators are recording his statement under the provisions of the Prevention of Money Laundering Act (PMLA), they said. His questioning is understood to be related to the ED's charges made before the court that at least 36 accused, including Delhi Deputy Chief Minister Manish Sisodia and Bibhav Kumar, "destroyed or used" 170 phones to conceal evidence of "kickbacks" worth thousand of crores of rupees in the alleged scam. The ED, till now, has filed two charge sheets or prosecution complaints in this case and has arrested a total of nine people. The ED has alleged in a charge sheet submitted to the court that a part of the alleged Rs 100 crore "kickbacks" generated in the scrapped Delhi excise policy were ..

SC dismisses Rana Ayyub's plea challenging Ghaziabad special court summons

The Supreme Court on Tuesday dismissed a plea of journalist Rana Ayyub challenging summons by the Ghaziabad special court in a money laundering case. A bench of Justices V Ramasubramanian and JB Pardiwala allowed Ayyub to raise the issue of jurisdiction before the trial court, saying it is a question of evidence. On January 31, the top court had reserved its verdict on a plea of Ayyub challenging the summons. On January 25, the top court had asked a special court in Ghaziabad to adjourn the proceedings in the money laundering case against Ayyub scheduled for hearing on January 27 to a date after January 31. In her writ petition, Ayyub has sought quashing of the proceedings initiated by the ED in Ghaziabad citing lack of jurisdiction as the alleged offence of money laundering occurred in Mumbai. On November 29 last year, the special PMLA court in Ghaziabad took cognisance of the prosecution complaint (charge sheet) filed by the ED and summoned Ayyub. The ED charge sheet was filed

SC reserves verdict on plea of journalist Rana Ayyub against summons

The Supreme Court on Tuesday reserved its verdict on a plea of journalist Rana Ayyub challenging the summons issued by a special court in Ghaziabad in the money laundering case. A bench of Justice V Ramasubramanian and Justice J B Pardiwala said it will pass orders on the plea. During the hearing, advocate Vrinda Grover, appearing for Ayyub, submitted, "Can her personal liberty be deprived by a procedure not authorised by law?" She submitted that the Ghaziabad special court has no jurisdiction to try the offence as the alleged act is said to have been committed in Mumbai. Grover said the Enforcement Directorate (ED) has attached the journalist's personal bank account in a bank at Navi Mumbai in which around Rs 1 crore was lying. Solicitor General Tushar Mehta, appearing for the ED, said the prosecution complaint has been filed in the Ghaziabad court by the agency as part of the cause of action had arisen in Uttar Pradesh, where a lot of people, including from Ghaziabad, contribute

Enforcement Directorate can only probe money laundering cases: Delhi HC

The court ruled that the primary responsibility for investigating and prosecuting crimes specified as scheduled offences under the PMLA belongs to the authorities established by those separate acts

ED attaches Rs 76.54 cr worth assets of accused in Excise policy scam

Houses located in upscale localities of Delhi and Mumbai, restaurants, 50 vehicles and bank deposits worth Rs 76.54 crore of various accused, including an AAP functionary, an alleged close associate of deputy chief minister Manish Sisodia and an associate of Telangana chief minister's daughter, have been attached in the Delhi excise policy money laundering case, the ED said Wednesday. It said in a statement that the agency has issued a provisional attachment order, under the Prevention of Money Laundering Act (PMLA), for freezing the properties. The properties belong to arrested Aam Aadmi Party (AAP) communications in-charge Vijay Nair, Arun Pillai, a Hyderabad-based liquor businessman and a partner in a company called Robin Distilleries LLP whom the ED had said represented the 'south group' alleged cartel linked to Telangana chief minister's MLC daughter Kavitha and others, liquor businessman Sameer Mahandru, his wife Geetika Mahandru and their company Indospirit Group. The assets

Court grants 2 days to ED to reply on Jacqueline's plea for foreign travel

A Delhi court on Wednesday granted two days to the ED to reply to an application of Bollywood actor Jacqueline Fernandez seeking permission to travel to Dubai. Fernandez, an accused in a Rs 200 crore money laundering case also involving alleged conman Sukesh Chandrasekhar, has sough the court's permission to travel to Dubai from January 27 to 30. Additional Sessions Judge Shailender Malik, who was scheduled to hear arguments on the actor's application on Wednesday, posted the matter for January 27 after the agency sought time to file a detailed reply to her application. The actor did not appear before the court on Wednesday and was represented by her lawyer. Fernandez had on December 22 withdrew from the court her plea for permission to go abroad to meet her family members, after the judge suggested that let the question of charge first be decide. She was granted regular bail in the case on November 15, 2022. Fernandez was not arrested in the case. The judge had on August 31 take

Excise policy 'scam': ED attaches Rs 76.54 cr worth assets under PMLA

The Enforcement Directorate (ED) on Wednesday said it has attached houses located in upscale localities of Delhi and Mumbai, restaurants, 50 vehicles and bank deposits worth Rs 76.54 crore in a money laundering case probe linked to the Delhi excise policy 'scam'. The properties belong to arrested Aam Aadmi Party (AAP) communications in-charge Vijay Nair, liquor businessman Sameer Mahandru, his wife and company Indospirit Group, businessman Dinesh Arora, Arun Pillai, Amit Arora, director of liquor company Buddy Retail Pvt Limited, and others, the agency said in a statement. An order for the provisional attachment of the assets has been issued under the Prevention of Money Laundering Act (PMLA). The money laundering stems from a CBI FIR. Delhi Deputy CM Manish Sisodia and other excise officials of the government were named as accused in the CBI and the ED complaints. In its FIR, the CBI has alleged that Sisodia and other accused public servants recommended and took decisions pertaini