NEW DELHI: In a rare instance, ED is set to move SC in a case related to Santiago Martin — the Chennai-based ‘lottery king’ who earlier this year turned out to be the single biggest contributor to political parties with Rs 1,368 crore in electoral bonds — asking the top court to recall its 2023…
NEW DELHI: The Enforcement Directorate (ED) has attached assets worth Rs 500 crore located across Maharashtra, West Bengal, Bihar, Jharkhand and Andhra Pradesh in a Rs 4,000-crore bank fraud and money laundering case against Corporate Power Ltd, and its promoters and directors Manoj Jayaswal, Abhijeet Jayaswal and Abhishek Jayaswal.In Aug, ED had searched the premises…
NEW DELHI: In a setback to Ajit-Pawar led NCP and a judgment that can have bearing on other PMLA cases, a special court in Mumbai on Friday rejected a plea of NCP heavyweight and Maharashtra cabinet minister Chhagan Bhujbal that money laundering case against him and other associates be dropped. The minister unsuccessfully argued that…
In a significant crackdown on illegal ticket sales, the Enforcement Directorate (ED) launched coordinated raids on October 25, 2024, across five major Indian cities: Delhi, Mumbai, Jaipur, Chandigarh, and Bangalore. This operation is part of an ongoing investigation into unauthorized ticket sales for the highly anticipated concerts of British rock band Coldplay and Punjabi singer…
NEW DELHI: “They (ED officers) should remember that there is something called Article 21 in the country (which guarantees right to life and liberty),” Supreme Court on Monday told the agency while expressing concern over the way in which PMLA was being implemented and made it clear that any high-handedness against any accused in violation…
Saurabh Chandrakar, the promoter of the Mahadev Online Book gaming-betting app, was arrested in Dubai. NEW DELHI: Sourabh Chandrakar, one of the main promoters of the Mahadev betting app, is expected to be brought to India soon following his recent formal arrest in Dubai on the basis of an Interpol issued arrest warrant in a…
HYDERABAD: ED’s adjudicating authority has imposed a penalty of Rs 2,146 crore on PC Financial Services (PCFS), a non-banking financial company running a loan app allegedly linked to Chinese and Norwegian entities, for Fema violations. This is the first instance in India of an NBFC running a loan app being penalised with a huge fine,…
Arvind Kejriwal and Mohan Bhagwat (R) NEW DELHI: AAP national convener and former Delhi chief minister Arvind Kejriwal on Wednesday penned a letter to RSS chief Mohan Bhagwat, outlining five “key concerns,” including the alleged misuse of central agencies by the BJP. Kejriwal accused the BJP of deploying agencies like the CBI and ED against…
NEW DELHI: While lauding India on most counts, Financial Action Task Force (FATF), the global money laundering and terror financing watchdog, has called for efforts to reduce pending money laundering cases and recommended “major changes” to address prosecution in terror financing cases.FATF’s Mutual Evaluation Report on India, released on Thursday, noted that the main sources…
KOLKATA: West Bengal Medical Council has decided to cancel the medical registration of former RG Kar Medical College principal Sandip Ghosh after Ghosh failed to reply to the council’s showcause notice, served on Sept 7, asking him why his registration should not be cancelled. He had been asked to reply within three days.Ghosh, currently behind…
