Mehul Choksi The Directorate of Enforcement (ED) has reached out to 10 countries in a bid to confiscate the foreign assets of diamond merchant Mehul Choksi, a key accused in the $2-billion Punjab National Bank fraud case who was arrested over the weekend in Belgium on India’s request. He is likely to remain in the…
New Delhi: The Belgian police have arrested diamond merchant Mehul Choksi, one of the two prime accused in the $2-billion Punjab National Bank (PNB) fraud, people in the know told ET. Choksi was arrested on Saturday at the behest of the Central Bureau of Investigation (CBI) and is still in jail, they said. Indian investigating…
Officials from the Directorate of Enforcement (Chennai Zone) are searching the residence of Manivannan, younger brother of KN Nehru, Tamil Nadu’s Minister for Municipal Administration. COIMBATORE: Officials from the Directorate of Enforcement (Chennai Zone) are conducting a search at the residence of Manivannan, who is the younger brother of KN Nehru, minister for municipal administration,…
NEW DELHI: Enforcement Directorate on Tuesday conducted searches against US billionaire George Soros backed firm Open Society Foundation in Karnataka’s Bengaluru.According to the officials of the probing agency, the searches were linked to the Foreign Exchange Management Act violations.(This is a developing story) Source link
NEW DELHI: Taking strong exception to ED making “inadvertent” submissions contrary to the provisions of PMLA on grant of bail to minors, women or sick people in money laundering cases, Supreme Court on Wednesday said the agency intended to keep accused in jail and declared that it would not tolerate such “frivolous submissions”.SG Tushar Mehta…
NEW DELHI: In one of the single-biggest restitution exercises undertaken by ED, involving the 32 lakh victims of the Agri Gold ponzi ‘scam’, the agency has begun the sale of attached properties, worth over Rs 6,000 crore, across multiple states.With the concurrence of the Supreme Court and the Andhra Pradesh HC, favouring distribution of attached…
NEW DELHI: A team of the Enforcement Directorate was allegedly attacked on Thursday while conducting raids related to a cyber crime case in Delhi.According to officials, one additional director of the probing agency was injured in the attack in the Bijwasan area of the national capital.“The Enforcement Directorate’s High-Intensity Unit (HIU) launched extensive searches today…
Supreme Court of India and Partha Chatterjee (Picture credit: Agencies) NEW DELHI: The Supreme Court on Wednesday questioned the Enforcement Directorate (ED) about its low conviction rate in money laundering cases during a bail hearing for former West Bengal minister Partha Chatterjee. Chatterjee has been jailed for over two years awaiting trial in a teacher…
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…
