Page 16 - Enforcement Directorate

IPL 2025: ED files chargesheet against 11 people for illegal streaming

According to the chargesheet, Fairplay appointed several Indian celebrities, including Ranbir Kapoor, Sanjay Dutt and sports personalities such as AB de Villiers, Graeme Smith, to promote the platform

FIITJEE took ₹200 cr fees, failed to deliver services, laundered funds: ED

The Enforcement Directorate (ED) on Saturday alleged that FIIT JEE coaching institute collected more than Rs 200 crore as fee from thousands of students and their parents but "did not" deliver the educational service indicating "serious" financial irregularities and siphoning of funds. The federal probe agency said in a statement that it seized Rs 10 lakh in cash, jewellery worth Rs 4.89 crore after it conducted searches on April 24 as part of a money laundering investigation and covered premises including that of FIIT JEE Director D K Goel, other executives of the company and their offices. The raids covered seven premises in Noida, Delhi and Gurugram. FIIT JEE or its promoters could not be contacted for a comment on the charges made by the ED against them. The ED case, filed under the Prevention of Money Laundering Act (PMLA), stems from multiple police FIRs got registered by the parents of students and IIT aspirants in Noida, Lucknow, Delhi, Bhopal and some other cities. These

Court refuses to issue notices to Sonia, Rahul in National Herald case

The Rouse Avenue Court in Delhi asks ED to plug gaps and submit more evidence before next hearing on May 2 in the National Herald case

ED raids Gensol Engineering, detains co-promoter Puneet Singh Jaggi

The Enforcement Directorate Thursday conducted searches against beleaguered Gensol Engineering Ltd and detained its co-promoter Puneet Singh Jaggi from a Delhi hotel, official sources said. The raids were conducted at company's premises in Delhi, Gurugram and Ahmedabad under the provisions of the Foreign Exchange Management Act (FEMA). The promoter brothers of the company -- Anmol Singh Jaggi and Puneet Singh Jaggi -- are under the scanner of the federal probe agency following a SEBI report against them for alleged financial misconduct and diversion of funds. The sources told PTI that Puneet Jaggi was detained by the ED from a Delhi hotel while Anmol Jaggi is stated to be in Dubai. The ED action is based on the SEBI order which claimed that Gensol Engineering obtained loans from Power Finance Corporation and IRDEA Ltd for procurement of EVs and EPC contracts. However, according to the sources, the company instead of utilizing these funds for the intended purposes had diverted the

Probe agency ED searches 8 places in Delhi-NCR in case against FIITJEE

Residence of Dinesh Kumar Goel, managing director of company, among places investigated: Sources

ED raids several locations in Delhi-NCR over FIITJEE centres' shutdown

FIITJEE institutes provide coaching to engineering aspirants for competitive exams. The institute has as many as 73 centres across the country

ED attaches fresh assets worth over Rs 1,500 crore in Sahara case

The Enforcement Directorate (ED) on Wednesday said it has attached fresh assets worth more than Rs 1,500 crore as part of a money-laundering investigation against the Sahara Group. A provisional order was issued by the federal probe agency under the Prevention of Money Laundering Act (PMLA) to attach a total of 1,023 acres of land of Sahara Prime City Limited in 16 cities. The total value of these plots is Rs 1,538 crore (according to the 2016 circle rate). These pieces of land were purchased through "benami" transactions, with the funds "diverted" from Sahara entities, the agency said in a statement. These pieces of land are located in Gujarat, Odisha, Maharashtra, Karnataka, Rajasthan, Jammu and Kashmir and Uttar Pradesh, the statement said. Last week, the ED attached 707 acres of land in Amby Valley, located in Maharashtra's Lonavala, worth Rs 1,460 crore (market value). The money-laundering case stems from more than 500 FIRs filed by various state police departments. Three FI

'I am waiting for invitation': Priyanka Gandhi amid ED probe on family

Congress leader Priyanka Gandi's statement comes amid ED's investigations in the National Herald case against Sonia and Rahul Gandhi, and a separate money laundering case against Robert Vadra

Gensol Engineering shares down 80% since March; Retail investors hike stake

Gensol Engineering latest news: According to reports, Enforcement Directorate (ED) may grill Jaggi brothers of Gensol Engineering in mahadev app case

ED summons actor Mahesh Babu for questioning in money laundering case

The Enforcement Directorate is probing Sai Surya Developers under PMLA for delays in the 'Green Meadows' project. Actor Mahesh Babu was the project's brand ambassador

National Herald case: Goyal calls it a Rs 5,000 cr 'open and shut' scam

Union minister Piyush Goyal on Saturday said the action by the Enforcement Directorate (ED) in the National Herald case is aimed at protecting the nation's assets from being "taken over by the Gandhi family for personal use". Goyal alleged that Congress leaders Sonia Gandhi and Rahul Gandhi were involved in a conspiracy to take control of the property, originally meant for public interest, through the now-defunct National Herald newspaper. The ED's action in the National Herald case is to save the nation's assets, the Union commerce minister told reporters here. Such property should be returned to the people, he said. It should be utilised for the people and not the Gandhi family, which was trying to keep it for its own interests, he claimed. The Enforcement Directorate (ED) has filed a chargesheet against Congress leaders Sonia Gandhi, Rahul Gandhi and others on charges of money laundering in the National Herald case.

ED attaches ₹121.8 crore assets in Neomax Properties money laundering case

ED's Chennai zonal office is attached to movable and immovable properties in various locations across Tamil Nadu. The market value of the attached properties is around Rs 600 cror

ED attaches Jagan's shares, Dalmia land worth ₹800 cr in old bribery case

The Enforcement Directorate's action stems from a case initially registered by the CBI in 2011, alleging that DCBL invested ₹95 crore in Raghuram Cements Ltd, a company associated with Jagan Reddy

ED attaches Rs 121.8 cr worth assets of Neomax Group in Rs 8,000 cr scam

The attached properties, located across Tamil Nadu, have an estimated market value of around Rs 600 crore

Bombay HC to ED: Clarify if Mehul Choksi still holds Indian citizenship

Bombay High Court asks ED to verify if Mehul Choksi still holds Indian citizenship, as conflicting claims emerge during hearing on plea to cancel NBW in PNB fraud case

ED seeks confiscation of Rs 661 crore assets in National Herald chargesheet

In a recently-filed chargesheet in the Associated Journals Limited-Young Indian-National Herald money-laundering case, the Enforcement Directorate (ED) has sought confiscation of assets worth Rs 661 crore that it has attached during the course of the investigation, according to official sources. The federal probe agency has also appended the statements of Congress leaders Sonia Gandhi and Rahul Gandhi in the prosecution complaint (chargesheet) that it had recorded in 2022 during their questioning and it is understood that they have denied any wrongdoing, saying the takeover of Associated Journals Limited (AJL) by Young Indian (YI) was not for commercial purposes, the sources told PTI. The chargesheet names 78-year-old former Congress president and Rajya Sabha MP Sonia Gandhi as the accused number one and her son, Rahul Gandhi (54), as the accused number two, besides five others. It was filed by the ED before a competent court here that tries criminal cases against lawmakers on April

Online travel platform EaseMyTrip denies association with Mahadev app

ED conducted searches at online travel portal's premises

EaseMyTrip denies ties to Mahadev betting app after ED conducts searches

As per information available in the public domain, the ED conducted searches at over 50 locations of various persons and corporates

Mahadev app case: ED searches premises of EaseMyTrip's Nishant Pitti

The ED said that several top politicians and government officials from Chhattisgarh are suspected to be involved in illegal activities and money deals connected to the app

Is Mehul Choksi a fugitive under Indian law? What it means for extradition

Fugitive diamond merchant Mehul Choksi is under investigation by the Enforcement Directorate and Central Bureau of Investigation in connection with the ₹13,500 cr Punjab National Bank loan fraud