Page 5 - Money Laundering

Letting ED add its chilling effect to crypto winter will kill the industry

A couple more scandals, and the ED may achieve the shutdown the RBI has long wished for: The considerable talent India has in this area will flee to more welcoming jurisdictions like Dubai

London or Londongrad? What makes the UK a hub for global 'dirty money'

According to reports, the 'questionable funds' in the UK amount to over $125 billion every year. What makes London a hub for money laundering? Find out here

Money laundering case: Sena MP Sanjay Raut gets 14 days' judicial remand

PMLA Court Special Judge M.G. Deshpande granted Raut judicial remand after the ED informed that it did not require his additional custody for the probe into the Rs 1,034-crore scam.

ED to send 50 bank accounts linked to Partha, Arpita for forensic audit

The agency officials have contacted all the bank authorities concerned and asked for statement details, following which they will be sent for forensic audit.

ED freezes over Rs 64-crore bank deposits of crypto exchange WazirX

The federal agency said it conducted raids against a director of Zanmai Lab Pvt Ltd, which owns WazirX, on August 3 in Hyderabad and alleged he was "non-cooperative".

Can PMLA really be the go-to legislation to probe financial crimes?

Several older legislations like the Black Money Act and the Benami Transactions Act have become subservient to the Prevention of Money Laundering Act now

Imran Khan's PTI received prohibited funding from foreign, rules ECP

Imran Khan's Pakistan Tehreek-e-Insaf (PTI) was accused of receiving funds from Pakistani businessman Arif Naqvi's company, Wootton Cricket Ltd

ED expanded by over 50% since Sanjay Kumar Mishra assumed office in 2018

The ED, which is in the news over its action in various cases of alleged money laundering, has witnessed a growth over the last four years since Sanjay Kumar Mishra assumed office as its Director

Why the Enforcement Directorate is being seen as a political weapon

Unlike the CBI, the ED has policing powers without the accountability imposed on the regular police

ED officials search Shiv Sena MP Sanjay Raut's residence in Mumbai

Enforcement Directorate (ED) conducted a search at Shiv Sena MP Sanjay Raut's residence in Mumbai in connection with a money laundering case, an official said

SC upholds ED's powers under PMLA, says power to arrest not arbitrary

Many politicians, builders, and civil rights activists have charges of money laundering against them and are currently in ED custody

Sonia Gandhi's questioning by ED: Congress workers detained in Mumbai

Youth Congress workers were detained after they staged a 'rail roko' protest at a station against Congress chief Sonia Gandhi's questioning by the ED, police said

SC to deliver verdict on pleas challenging Money Laundering Act today

The Supreme Court is scheduled to pronounce its judgment on Wednesday on a batch of petitions concerning the interpretation of certain provisions of the Prevention of Money Laundering Act (PMLA)

JKCA scam case: NC says Farooq shall stick to truth, vindicate himself

This comes days after the principal district and sessions judge, Srinagar summoned Abdullah on August 27 on a complaint filed by ED against him and others in the JKCA money laundering case

Vivo's Chinese shareholders used forged driving licenses: ED to Delhi HC

The ED has mentioned that Vivo India incorporated 22 firms in different states which allegedly laundered money. The Delhi-based CA firm helped Vivo India in integrating 22 firms.

Srinagar court summons Farooq Abdullah in JKCA scam case on August 27

The principal District and Sessions Judge, Srinagar, issued the summons against Abdullah for August 27 on a complaint filed by the ED against him and others in the JKCA money laundering case

National Herald case: ED quizzes Congress chief Sonia Gandhi for 2 hours

Congress chief summoned again on July 25; party stages protests across country

NSE colo case: ED arrests former Mumbai top cop Sanjay Pandey

He was taken into custody following several hours of questioning by the federal agency on Monday and Tuesday in the matter

Pak court declares PM's son Suleman offender in money laundering case

The Lahore Special Court (Central-I) declared Suleman and Tahir Naqvi proclaimed offenders after they failed to appear despite being summoned

Judgment on plea challenging PMLA provisions 'almost ready', says SC

The petition says some provisions in the Act are unconstitutional, put a reverse burden on accused, give inspectors wide powers to arrest, and take away the right to silence