Page 50 - Enforcement Directorate

ED probing Paytm, its bank unit over currency transactions: Report

The sources did not indicate what specific provisions of the Foreign Exchange Management Act (FEMA), which covers individual

What steps has ED taken over money laundering allegations on Paytm: Cong

Hitting out at the government after the RBI's action against Paytm Payments Bank, the Congress on Monday asked what steps have been taken by the Enforcement Directorate given serious allegations of money laundering have been levelled against the company. Congress spokesperson Supriya Shrinate asked whether the ED was satisfied with cases against political leaders, alleging that 95 per cent of its cases were against politicians. She also asked if the data of users of Paytm payments bank was safe and was not being shared with the BJP. "Why was Paytm payment bank given such a long relaxation despite so many violations? What steps has ED taken so far on serious allegations like money laundering? How much did Paytm donate to the BJP and the PM Cares Fund," the Congress leader asked. "Is the ED satisfied by initiating 95 per cent of cases against political people? Is the data of Paytm consumers confidential or is it being shared with the BJP," she asked. On Sunday, Paytm said that the E

Sanjay Bhandari case: Court stays NBW issued against UK national Chadha

The accused, through his lawyer, has moved the court for the cancellation of the NBW against him in the case

Prove corruption charges, will quit politics: Soren's challenge to BJP

Arrested former chief minister of Jharkhand Hemant Soren on Monday challenged the BJP to prove the corruption charges against him, asserting that if the accusations are proved, he will quit politics. Taking part in the confidence motion moved by his successor Champai Soren in the assembly, the JMM executive president also alleged that the Raj Bhavan was instrumental in his arrest after a conspiracy hatched by the Centre. JMM legislature party leader Champai Soren took oath as the chief minister of Jharkhand on February 2, after Hemant Soren was arrested by the Enforcement Directorate last week in a money laundering case. "I challenge BJP to prove corruption charges against me. If proved, I will resign from politics," said Hemant Soren. The ex-chief minister who is in ED custody now was allowed by a special PMLA (Prevention of Money Laundering Act) court to participate in the trust vote. "January 31 was a black chapter in India's history. A chief minister was arrested at the behest

Task is to make state corruption free, prosperous: Jharkhand Governor

Jharkhand Governor C P Radhakrishnan on Monday said the task is to make Jharkhand corruption-free and prosperous. He was addressing a special session of the Jharkhand assembly convened by the Champai Soren government to seek trust vote. "For past years, the government worked for the development of people. Now, our task is to continue the progress and make Jharkhand corruption-free and prosperous," the governor said. The ruling party legislators gave a rousing welcome to arrested former chief minister Hemant Soren on his arrival to the House and raised slogans like 'Hemant Soren Jindabad' and 'Hamara Neta Kaisa Ho Hemant Soren Jaisa Ho' for about five minutes. Earlier, MLAs of the BJP-led opposition raised slogans against the government for the late arrival of chief minister Champai Soren.

Next hearing on Hemant Soren's petition against ED action on Feb 12

A special PMLA court here will hear a petition by arrested ex-Jharkhand CM Hemant Soren against the ED action on February 12, his counsel Advocate General Rajeev Ranjan said on Monday. Soren was arrested by the Enforcement Directorate last week in a money laundering case. "The next hearing on Hemant Soren's petition against the ED action on February 12," the advocate general said. The special court has allowed Soren to participate in the trust vote in the state assembly on Monday.

Ex-Jharkhand CM Hemant Soren reaches assembly to participate in trust vote

Arrested JMM leader and former Jharkhand chief minister Hemant Soren on Monday reached the assembly here to take part in a trust vote of the Champai Soren-led government. A special court in Ranchi has allowed Hemant Soren, the Jharkhand Mukti Morcha (JMM) executive president, to participate in the floor test. Hemant Soren was arrested by the Enforcement Directorate on January 31 in a money laundering case linked to an alleged land scam. He was remanded to ED custody for five days by the court on February 2. Hemant Soren had filed a petition before the special PMLA (Prevention of Money Laundering Act) court, seeking permission to participate in the trust vote sought by the new government. He had pleaded before the court that he is a member of the assembly and has a right to participate in the special session of the House. The new government led by Champai Soren has sought the floor test to prove its majority in the House. JMM legislature party leader Champai Soren took oath as th

ED moves Jharkhand HC over FIR filed by Hemant Soren under SC/ST Act

Hemant Soren was arrested by the ED on Wednesday evening after seven hours of grilling in an alleged money laundering case

Fintech major Paytm denies any ED investigation into money laundering

Meanwhile, the company has cautioned against speculation on reasons that prompted the Reserve Bank of India (RBI) to take action against Paytm Payments Bank

No ED investigation against company or CEO for money laundering: Paytm

The Enforcement Directorate is neither investigating One97 Communications, owner of Paytm brand, nor its Founder and CEO Vijay Shekhar Sharma for money laundering, the company said on Sunday. The ED had visited premises of the company and some other fintech firms like Razorpay in September 2022 for money laundering investigations against some of the merchants that were using their platforms. "Neither the Company nor its founder and CEO are being investigated by the Enforcement Directorate regarding inter alia money laundering. In the past, certain merchants/users on our platforms have been subject to enquiries and on those occasions, we have always cooperated with the authorities," Paytm said in a regulatory filing. The company said it has cooperated with the agencies during any investigations by the authorities on any set of merchants or users in the past. "We would like to set the record straight and deny any involvement in anti-money laundering activities. We have and continue t

Wrong advice landed Hemant Soren in jail, says JMM leader Lobin Hembrom

A day before the Champai Soren government in Jharkhand is scheduled to face a floor test, senior JMM leader Lobin Hembrom on Sunday claimed that wrong advice led to Hemant Soren's arrest by the ED. Hemant Soren, the former chief minister, has been arrested by the Enforcement Directorate in a money laundering case. "Hemant Soren repeatedly ignored my advice and eventually landed in jail... he has always been surrounded by wrong advisors," Hembrom a lawmaker from Borio seat in Sahibganj district, told reporters. Hembrom squarely blamed Hemant Soren's personal and media advisors, besides advisors from Jharkhand Mukti Morcha for his plight. He also objected to the move by the JMM-led alliance to shift MLAs to Hyderabad. Hembrom expressed displeasure over "such expenditure at a time when Jharkhand's majority populace struggled to meet both ends". He also demanded the implementation of the Chota Nagpur Tenancy Act and Santhal Parganas Tenancy Act. Both the Acts prohibit the sale of tri

ED 'fabricating evidence' against Hemant Soren: Rajya Sabha MP Kapil Sibal

Soren was on Friday remanded to five days' ED custody by a special PMLA court in Ranchi in connection with a money laundering case linked to an alleged land fraud

Govt's developmental works won't stop even if I am jailed: CM Kejriwal

Delhi Chief Minister Arvind Kejriwal on Sunday said the ongoing developmental works of his government for the people would not stop even if he was sent to jail. Laying the foundation stone of two school buildings at Kirari here, Kejriwal said, "Manish Sisodia was put in jail because he built schools. Satyendar Jain was sent to jail because he built Mohalla clinics." Kejriwal alleged that central agencies such as ED and CBI have been unleashed on them (AAP leaders). "But even if you put Kejriwal in jail, the (ongoing) works of building schools and Mohalla clinics and providing free treatment to the people of Delhi will not stop. The BJP wants us to join their party but we will not bow down," he asserted. Reacting on the interim Union Budget presented by Finance Minister Nirmala Sitharaman in Parliament on February 1, Kejriwal said it allocated only four per cent of the total budget for schools and hospitals while the Delhi government has been spending 40 per cent on education and ..

Govt's developmental works won't stop even if I am jailed: CM Kejriwal

Delhi Chief Minister Arvind Kejriwal on Sunday said the ongoing developmental works of the Delhi government like building schools and providing free treatment to the people will not stop even if he was sent to jail. Laying the foundation stone of two school buildings at Kirari here, Kejriwal said, "Manish Sisodia was put in jail because he built schools. Satyendar Jain was sent to jail because he built Mohalla clinics." Kejriwal said all central agencies like ED and CBI have been unleashed on them (AAP leaders). "But even if you put Kejriwal in jail, the (ongoing) works of building schools and Mohalla clinics and providing free treatment to the people of Delhi will not stop. The BJP wants us to join their party but we will not bow down," he asserted.

Excise scam: ED approaches court after Arvind Kejriwal skips 5th summon

The Enforcement Directorate on Saturday filed a complaint against Delhi Chief Minister Arvind Kejriwal in a court here for not appearing before it in a money laundering case linked to the alleged excise policy scam. The complaint was filed before Additional Chief Metropolitan Magistrate Divya Malhotra, who put up the matter for further hearing on February 7. "Fresh complaint case'for non-attendance in compliance of Section 50, PMLA, 2002, received by way of assignment," the judge noted. The judge heard the part arguments and adjourned the matter. "This is a fresh complaint case. Submissions heard. Put up for remaining submissions/ consideration on February 7, 2024," the judge said.

ED to probe Paytm Payments Bank if charges of fund siphoning found

The (RBI) on Wednesday ordered the payments bank unit of One 97 Communications, popularly known as Paytm, to stop accepting fresh deposits in its accounts or popular wallets from March

ED to transfer Hemant Soren from jail to its office for questioning

Jharkhand Mukti Morcha chief and former Chief Minister of Jharkhand Hemant Soren will be brought to the Enforcement Directorate's office from the Birsa Munda jail for questioning on Saturday.Hemant Soren was sent to five-day custody of the Enforcement Directorate by the High Court on Friday in connection with an alleged land scam case.The JMM chief was arrested by the ED after several summons in the alleged land scam case and several hours of questioning on Wednesday night.Meanwhile, amidst the political unrest in Jharkhand, Champai Soren took oath as the Chief Minister of Jharkhand on Friday at the Raj Bhavan in Ranchi.Alongside Soren, Congress' Alamgir Alam and RJD's Satyanand Bhokta also took the oath as ministers in the Jharkhand cabinet.Earlier, the ED said it had recovered cash worth in excess of Rs 36 lakh from the possession of the JMM chief, along with documents linked to the ongoing investigation into the alleged acquisition of land by 'fraudulent means'.The agency added ...

Meet Champai Soren, the new Jharkhand CM at helm amid political crisis

Champai Soren's appointment comes two days after former CM Hemant Soren resigned from his post before being arrested by the Enforcement Directorate in a money laundering case on Wednesday

J'khand people will deliver resounding response: Mamata on Soren's arrest

Condemning the arrest of JMM leader Hemant Soren, West Bengal Chief Minister Mamata Banerjee on Friday said the people of Jharkhand will deliver a "resounding response" to it. Stating that Soren was a close friend, Banerjee "vowed" to stand "unwaveringly" by his side. "I strongly condemn the unjust arrest of Shri Hemant Soren, a powerful tribal leader. The vindictive act by BJP-backed central agencies reeks of a planned conspiracy to undermine a popularly elected government," she posted on X. "He is a close friend of mine, and I vow to stand unwaveringly by his side, dedicated to protecting democracy in these trying times. The resilient people of Jharkhand will deliver a resounding response and emerge victorious in this crucial battle!" she added. Soren was arrested by the Enforcement Director on Wednesday in a money laundering case after he resigned as Jharkhand chief minister.

Champai Soren: From humble farm worker to Jharkhand's Chief Minister

Champai Soren, who once tilled fields with his father in a remote village in Jharkhand's Seraikela-Kharsawan district, has ascended to the chair of the state's chief minister. The 67-year-old tribal leader has earned the sobriquet "Jharkhand's Tiger" for his contribution to the long fight for the creation of a separate state in the 1990s. Jharkhand was created from the southern part of Bihar in 2000. A loyalist of Jharkhand Mukti Morcha president Shibu Soren, Champai became the leader of the JMM legislative party after Hemant Soren's resignation as the chief minister by the ED in a money laundering case and his subsequent arrest on the night of January 31. He is the seventh person to become Jharkhand's chief minister and the third from the JMM to reach that post after Shibu Soren and his son Hemant. "I used to work in farms along with my father (Simal Soren)... Now fate has offered me a different role," Champai Soren told PTI after being elected as the leader of the JMM legislative