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: Granting bail to two men recently in a money laundering case, Delhi high court has ruled that the stringent twin tests for grant of bail under Section 45 of Prevention of Money Laundering Act, 2002 (PMLA) cannot be invoked as a tool to indefinitely detain accused persons when there is a delay in…
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…
NEW DELHI: Observing that rigorous bail provisions in statutes like PMLA, anti-terror law UAPA and NDPS Act cannot become a ‘tool’ to keep an undertrial accused in jail for unreasonably long time, Supreme Court on Thursday held that the requirement of expeditious disposal of cases must be read into these statutes as inordinate delay in…
NEW DELHI: Sending a clear message that irrespective of the seriousness of offence, an accused has to be released if statutory procedure is not followed by the investigating agency while arresting him, Supreme Court on Friday directed release of Bhushan Steel promoter Neeraj Singal in a money laundering case for allegedly defrauding financial institutions of…
NEW DELHI: Posing tough questions to former Jharkhand CM Hemant Soren who has challenged his arrest in an alleged money laundering case relating to illegal possession of 8.8 acres in Ranchi, Supreme Court on Tuesday said since the chargesheet had been taken cognisance of, the trial court was prima facie satisfied that an offence was…
NEW DELHI: In a scathing critique of the Prevention of Money Laundering Act (PMLA), Rajya Sabha MP Kapil Sibal has stirred controversy by claiming that the acronym stands for “Pradhan Mantri ki Lal Ankh” (PM’s glare).Speaking with ANI, Sibal questioned the efficacy and fairness of the PMLA, asserting that it deviates from its intended purpose…
NEW DELHI: With the role of Enforcement Directorate (ED) muscling its way onto electoral centrestage, the agency has come forward with comparative details of its investigations during UPA and NDA spells, showing it has been into overdrive during the 10 years of Modi govt.Data shared by the agency showed that the number of arrests in…
NEW DELHI: Delhi high court on Tuesday dismissed chief minister Arvind Kejriwal‘s plea against the Enforcement Directorate’s (ED) arrest and subsequent remand to the central agency.Justice Swarana Kanta Sharma held ED’s arrest of CM Arvind Kejriwal valid and observed that the AAP convenor “conspired” and was actively involved in the “use and concealment of proceeds…
