Abbas Ansari (File photo/IANS) The Supreme Court granted bail to MLA Abbas Ansari on Friday in a money laundering case. Ansari, the son of the late gangster-politician Mukhtar Ansari, received the relief from a bench comprising Justices M M Sundresh and Pankaj Mithal.SC had sought a response from the Enforcement Directorate (ED) on an appeal…
Purushottam Mandhana, promoter of Mandhana Industries, used business loans for personal benefit and caused a loss of Rs 975 crore to a Bank of Baroda-led consortium of lenders, the Enforcement Directorate has said in its charge sheet. Observing that there was a prima facie case against Mandhana and others, a special court for Prevention of…
Karnataka CM Siddaramaiah NEW DELHI: The Enforcement Directorate (ED) on Monday filed a money-laundering case against Karnataka chief minister Siddaramaiah, linked to the Mysuru Urban Development Authority (MUDA). The ED’s action comes in response to a state Lokayukta FIR, registered last week, that accuses the CM and others of irregularities in the allotment of land…
Representational image NEW DELHI: The Enforcement Directorate on Wednesday said it has attached fresh assets worth Rs 29.75 crore of fugitive diamond trader Nirav Modi under the anti-money laundering law. A provisional order has been issued under the Prevention of Money Laundering Act (PMLA) to attach these assets that are in the form of bank…
NEW DELHI: Supreme Court, while fixing a batch of petitions seeking review of its 2022 order on validity of various provisions of Prevention of Money Laundering Act, 2002, has observed whether review petition is an appeal in disguise.A bench of Justices Surya Kant, C T Ravikumar and Ujjal Bhuyan asked whether review proceedings would partake…
The Enforcement Directorate’s Lucknow zonal office has provisionally attached movable and immovable assets worth Rs 1.02 crore belonging to Rajeev Nayan Mishra and Subhash Prakash — accused in UP Police Constable Recruitment Exam leak and UP Public Service Commission’s RO/ARO Exam leak case — under provisions of Prevention of Money Laundering Act, 2002. The properties…
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: The Enforcement Directorate on Saturday arrested Sandeshkhali accused and now suspended TMC leader Sheikh Shahjahan after interrogation in a Prevention of Money Laundary Act case.The central agency interrogated Shahjahan at the Basirhat Sub Correctional Home in North 24 Parganas district. Shahjahan will now be produced before ED special court.Shahjahan was first arrested by…
