Page 3 - Money Laundering Case

Delhi excise policy case: ED arrests AAP in-charge, Hyderabad businessman

The ED has arrested Aam Aadmi Party (AAP) communication in-charge Vijay Nair and businessman Abhishek Boinpally in connection with its ongoing money laundering probe into the Delhi Excise policy that was scraped following corruption allegations, official sources said Monday. The two are currently in judicial custody and lodged in jail here after the Central Bureau of Investigation (CBI) arrested them in the same case. While Nair was arrested by the CBI in September, Boinpally was apprehended last month. The Enforcement Directorate (ED) will seek the custody of the two from a special Prevention of Money Laundering Act (PMLA) court on Monday, they said. The ED is investigating the money laundering angle of the case and the two will be confronted with the evidence gathered and statements recorded by other persons and accused involved in the formulation and implementation of the liquor policy, officials said. The agency has arrested Sameer Mahandru, promoter of liquor company Indospir

Conman Sukesh writes to Delhi L-G, seeks transfer to any other jail

Jailed conman Sukesh Chandrashekhar has written a series of letters to Delhi Lieutenant Governor VK Saxena complaining against Delhi Chief Minister Arvind Kejriwal and Minister Satyendar Jain.The latest letter, released by Sukesh's lawyer AK Singh dated November 9, claimed that he has received "constant threats" and pressure to withdraw complaints filed before the LG office against Aam Aadmi Party, Satyendar Jain, Arvind Kejriwal and Kailash Gehlot.Sukesh's lawyer, in the letter, sought the transfer of the conman and his wife who are lodged in Tihar Jail in the national capital, to any other jail across the country (away from control of DG and Delhi Prisons) "to ensure safety of their lives and limbs"."My client (Sukesh Chandrashekhar) has received constant threats and pressure to withdraw complaints filed before the Lieutenant Governor office against Aam Aadmi Party, Satyendar Jain, Arvind Kejriwal & Kailash Gehlot and also to retract from disclosure statements given to the EOW

Judgement a reminder that fugitives can't be considered above process: CBI

The High Court of London (United Kingdom) on Wednesday dismissed the appeal of Nirav Modi, who is wanted in India to face money laundering and fraud cases.

Court grants bail to Shiv Sena MP Sanjay Raut in money laundering case

A special court here on Wednesday granted bail to Shiv Sena MP Sanjay Raut in a money laundering case pertaining to the Patra Chawl redevelopment project. Special Judge M G Deshpande, designated to hear cases pertaining to the Prevention of Money Laundering Act (PMLA), allowed the bail plea of Raut after hearing arguments from both sides. The Enforcement Directorate (ED) had arrested Rajya Sabha member Raut in July this year for his alleged role in financial irregularities in connection with the redevelopment of the Patra Chawl (row tenement) in suburban Goregaon. He is currently in judicial custody and lodged at the Arthur Road Jail in Mumbai. Raut had in his bail plea claimed the case against him was a perfect example of "abuse of power" and "political vendetta". The ED had opposed Raut's plea, saying he played a major role in the money laundering case related to the Patra Chawl redevelopment and acted "behind the curtains" to avoid the money trail. The ED's probe pertains to .

Money laundering case: ED issues fresh summons to Hemant Soren for Nov 17

The Enforcement Directorate has issued fresh summons to Jharkhand Chief Minister Hemant Soren to appear before it in Ranchi on November 17 for questioning in a money laundering case linked to alleged illegal mining in the state, official sources said Wednesday. Soren, 47, was initially summoned by the federal probe agency on November 3 but he did not depose citing official engagements. He had then sought a three-week deferment of the summons. Official sources said the agency has now asked the CM to appear next week on November 17 at its regional office in state capital Ranchi for questioning and recording of his statement under the provisions of the Prevention of Money Laundering Act (PMLA). The ED has arrested Soren's political aide Pankaj Mishra and two others -- local muscleman Bachhu Yadav and Prem Prakash -- in this case. The agency has said it has "identified" proceeds of crime relating to illegal mining in the state to the tune of more than Rs 1,000 crore till now.

Sanjay Bhandari extradition; here's why ED, CBI want fugitive arms dealer

He is wanted in India for money laundering, kickbacks in arms deal and tax evasion during the UPA government

Money laundering case: Mukhtar Ansari's son, Mau MLA sent to ED remand

The court had issued a non-bailable warrant against him in the case registered at the Mahanagar police station in Lucknow in October 2019

ED arrests Abbas Ansari, son of UP don Mukhtar Ansari, for money laundering

The ED had initiated investigation under PMLA, 2002 against Mukhtar Ansari (Ex MLA) and his aides on the bases of multiple FIRs lodged by Uttar Pradesh Police.

ED files charge sheet against SRS group, promoters in money laundering case

The Enforcement Directorate has filed a charge sheet against the SRS group and its promoters in a money laundering case linked to alleged cheating of homebuyers and investors. Nineteen accused persons and entities, including SRS group chairman Anil Jindal and company directors Jitender Kumar Garg, Praveen Kumar Kapoor and Vinod Jindal, have been named in the prosecution complaint filed under various sections of the Prevention of Money Laundering Act (PMLA), the agency said in a statement. The complaint has been filed before a special PMLA court in Gurugram and the court took cognisance on October 31, it said. "The accused duped innocent buyers by promising them to deliver flats, plots, commercial spaces etc. however, they failed to deliver the projects. The real estate projects were mortgaged to avail loans from banks and other financial institutions," the Enforcement Directorate (ED) said. However, it added, the loans were not used for the intended purposes and were defaulted, ..

ED issues summons to Jharkhand CM Hemant Soren in money laundering case

The Enforcement Directorate has summoned Jharkhand Chief Minister Hemant Soren for questioning on November 3 in a money laundering case linked to alleged illegal mining in the state, officials said on Wednesday. Soren, 47, has been asked to appear before the federal probe agency at its regional office in state capital Ranchi on Thursday. The agency wants to question and record his statement under the Prevention of Money Laundering Act (PMLA), they said. The ED had earlier arrested his political aide Pankaj Mishra and two others in this case. The agency has said it has "identified" proceeds of crimes relating to illegal mining in the state to the tune of more than Rs 1,000 crore till now. The ED probe began after the agency raided Mishra and his alleged associates on July 8, covering 19 locations in Sahibganj, Barhait, Rajmahal, Mirza Chauki and Barharwa in Jharkhand in the case linked to alleged instances of illegal mining and extortion.

Mumbai court to pronounce order on Sena MP Raut's bail plea on Nov 9

A special court here on Wednesday reserved its order on the bail plea filed by Shiv Sena MP Sanjay Raut, arrested in a money laundering case, and said it would pronounce the order on November 9. Raut was produced before the court which extended his judicial custody till November 9. Special Judge M G Deshpande, designated to hear cases pertaining to the Prevention of Money Laundering Act (PMLA), said it would also pass an order on November 9 on the bail plea filed by Pravin Raut, a co-accused in the case. The Enforcement Directorate (ED) had arrested Rajya Sabha member Sanjay Raut in July this year for his alleged role in financial irregularities in connection with the redevelopment of the Patra Chawl (row tenement) in suburban Goregaon area. He is presently in judicial custody and lodged at the Arthur Road Jail in central Mumbai. He had last month sought bail in the case, which the ED opposed. The ED probe pertains to alleged financial irregularities in the redevelopment of the P

Chhattisgarh court sends IAS officer, 2 others to custody in extortion case

A special court here on Thursday sent an Indian Administrative Service (IAS) officer and two others, including a businessman, to 14-day judicial custody in a money laundering case linked to alleged extortion of money from coal and mining transporters in Chhattisgarh. IAS officer Sameer Vishnoi, businessman Sunil Agrawal and advocate Laxmikant Tiwari were arrested by the Enforcement Directorate (ED) on October 13 following their questioning after the agency launched multi-city raids in the state on October 11. The accused were produced before the court of additional district and sessions judge Ajay Singh Rajput on Thursday on expiry of their ED custody, Tiwari's lawyer Faizal Rizvi said. He said the court sent them to 14-day judicial custody and they will be kept in jail. On October 13, the court had allowed custodial interrogation of the trio by the ED for eight days and on October 21 extended their remand for six more days. The trio was arrested under the Prevention of Money ...

Extortion case: Jacqueline Fernandez deleted evidence from phone, says ED

The Enforcement Directorate (ED) has claimed that Bollywood actress Jacqueline Fernandez had deleted evidence from her cell phone, and also tried to leave the country

Pak may exit FATF's grey list during watchdog's Oct 20-21 plenary: report

Pakistan is likely to exit the grey list of the Financial Action Task Force (FATF) this week after it was placed in the infamous category since 2018 for failing to check money laundering and terrorist financing, a media report said on Monday. Pakistan was included in the increased monitoring list in June 2018 for deficiencies in its legal, financial, regulatory, investigations, prosecution, judicial and non-government sector to fight money laundering and combat terror financing considered serious threat to global financial system, the Dawn newspaper reported. The Paris-based global watchdog on money laundering and terrorist financing said that the first FATF Plenary under the two-year Singapore Presidency of T. Raja Kumar will take place on October 20-21. Pakistan has made high-level political commitments to address these deficiencies under a 27-point action plan. But later the number of action points was enhanced to 34. The country had since been vigorously working with FATF and i

ED files chargesheet against journalist Rana Ayyub in money laundering case

Enforcement Directorate (ED) filed a chargesheet against journalist Rana Ayyub under the Prevention of Money Laundering Act (PMLA), 2002 in Special Court, Ghaziabad on Wednesday.ED had initiated money laundering investigation on the basis of an FIR registered on September 7, 2021 by the Indirapuram police station, Ghaziabad, UP, under various sections of IPC 1860, Information Technology Amendment Act 2008 and Black Money Act against Rana Ayyub alleging that she illegally acquired funds from the general public in the name of charity by launching fund-raiser campaigns on an online crowdfunding platform-'Ketto'.It was also alleged that Rana Ayyub is a journalist by profession and received foreign contributions without registration under FCRA. ED investigation revealed that Rana Ayyub launched three fundraiser campaigns on 'Ketto platform' starting from April 2020, and collected funds totalling to Rs 2.70 crore. She collected funds in the name of helping slum dwellers and farmers, relief

ED arrests IAS officer, 2 others in money laundering case in Chhattisgarh

The Enforcement Directorate on Thursday arrested IAS officer Sameer Vishnoi and two other people after it conducted raids in a money laundering case in Chhattisgarh, officials said. Businessman Sunil Agrawal of Indramani group and Laxmikant Tiwari, uncle of "absconding" businessman Suryakant Tiwari, have been taken into custody in the morning by the federal agency from state capital Raipur, they said. The three people have been arrested under criminal sections of the Prevention of Money Laundering Act (PMLA) and will be produced before a local court, where the ED will seek their further custody. Vishnoi, CEO of the Chhattisgarh Infotech Promotion Society, was questioned by the agency in Raipur on Wednesday. The arrests came after the agency launched multiple raids in Chhattisgarh on October 11 in a money laundering case linked to alleged illegal levy extorted from transporters in the state by a purported nexus of government officials, businessmen and private entities. The agency h

SC issues notice to ED on Satyendar Jain's plea against Delhi HC order

The Supreme Court on Tuesday sought response from the Enforcement Directorate (ED) on a plea filed by Delhi minister Satyendar Jain challenging the Delhi High Court verdict dismissing his petition against a lower court order to transfer the money laundering case to another court. A bench of Justices M R Shah and Krishna Murari issued notice to the ED and posted the case for hearing on October 31. On October 1, the high court had dismissed Jain's plea, saying all facts were duly considered by the Principal District and Sessions Judge while transferring the case, which is being probed by the Enforcement Directorate (ED), and it cannot be held that the decision suffered from any illegality or needed interference. Jain, who is under arrest in the case, had moved the high court challenging the September 23 order of Principal District and Sessions Judge Vinay Kumar Gupta transferring the money laundering case to another judge over alleged bias. The district judge's order was passed on an

Mumbai court extends Sanjay Raut's custody in money laundering case

A special court here on Monday extended by 14 days the judicial custody of Shiv Sena MP Sanjay Raut, an accused in a money laundering case investigated by the Enforcement Directorate. Raut was produced in the special Prevention of Money Laundering Act (PMLA) court as his judicial custody expired on Monday. Special judge M G Deshpande, who is hearing the bail application of Raut, extended his custody by another 14 days. Additional Solicitor General Anil Singh, appearing for ED, on Monday made his submissions against Raut's bail plea in the court. Raut was arrested by the ED on August 1 in a money laundering case linked to alleged irregularities in the redevelopment of Patra 'chawl' in Mumbai. He is currently in judicial custody. The ED probe pertains to alleged financial irregularities of Rs 1,034 crore pertaining to the redevelopment of the chawl or tenements in suburban Goregaon and related financial transactions allegedly involving his wife and associates. Singh argued that a l

SC to hear Satyendar Jain's plea against transfer of bail plea on Tuesday

Delhi minister and Aam Aadmi Party leader Satyendar Jain has moved the Supreme Court against the transfer of his bail plea in a money laundering case to another judge, on the ED's request

ED seizes Rs 1 cr cash after raids in connection with Delhi Excise policy

The Enforcement Directorate has seized about Rs 1 crore in cash after raids conducted in connection with a money laundering investigation into the alleged irregularities in the now-scrapped Delhi excise policy, official sources said Saturday. The searches were launched on Friday at about 35 locations in Delhi-NCR, Punjab and Telangana's capital Hyderabad. About a crore cash has been seized from a location during the raids conducted against liquor businessmen, distribution companies and linked entities, sources said. Some digital devices and documents were also seized, they said without disclosing the locations of all the recoveries. Premises linked to a director of a Delhi-based TV news organisation, who is also on the board of a Telugu daily, a city-based businessman whose company imports and distributes various alcoholic beverages and a former Punjab MLA were also searched by ED officials, they said. The federal agency has conducted more than 103 raids in this case till now and