Page 71 - Enforcement Directorate

Centre moves SC seeking extension of tenure for ED chief SK Mishra

In a judgement earlier this month, the Supreme Court had dubbed the extension of ED chief Sanjay Kumar Mishra as illegal

AG writes to Centre on setting panel to examine hanging death row convicts

From ED's opposition to Preeti Chandra's bail to plea for urgent hearing on SIMI, here's what happened in the Supreme Court today

ED registers 490 fraud cases related to NPAs worth over Rs 20 crore

The Directorate of Enforcement has recorded 490 bank fraud cases related to non-performing assets (NPAs) of Rs 20 crore or more in the last 5 years under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA), Parliament was informed on Tuesday. "As on July 20, 2023, proceeds of crime amounting to Rs 26,732.68 crore approx. have been attached/freezed, 82 persons have been arrested and 80 prosecution complaints have been filed before the special court, PMLA in these cases," Minister of State for Finance Bhagwat Karad said in a written reply to the Rajya Sabha. Further, he said, assets worth Rs 15,113.02 crore have been confiscated and restituted to public sector banks. In the case of an account classified as NPA, banks initiate recovery action under various recovery mechanisms, such as filing a suit in civil courts or in debts recovery tribunals, action under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, filin

ED conducts searches in Delhi Jal Board linked money laundering case

The Enforcement Directorate (ED) has conducted searches in a money laundering case linked to alleged irregularities and siphoning of funds of the Delhi Jal Board (DJB), official sources said on Tuesday. The raids were carried out in the national capital on Monday at about 10 premises as part of the investigation being carried out under the provisions of the Prevention of Money Laundering Act (PMLA). The agency has collected some documents and records, the sources said. The ED probe is stated to be based on a November, 2022 FIR of the Delhi government's anti-corruption branch (ACB) for alleged embezzlement of Rs 20 crore funds from the DJB.

Over 93% conviction rate in money laundering cases in 9 years: Govt

The Enforcement Directorate (ED) has reported a conviction rate of more than 93 per cent in money laundering cases over the last nine years, the government informed the Parliament on Monday. The federal agency also has a vacancy of over 25 per cent as of July 13, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Lok Sabha. As per his statement, the ED has a sanctioned strength of 2,075 staffers and out of this it has 1,542 posts occupied at present. "During the last nine years, the trial has been completed in 31 PMLA cases which resulted in conviction of 54 accused in 29 cases. Thus, as on date, rate of conviction under PMLA is 93.54 per cent," the minister said while replying to a question on ED's conviction rate in money laundering cases during the last nine years. The ED was entrusted to enforce stringent provisions of the Prevention of Money Laundering Act (PMLA), enacted in 2002, from July 1, 2005. It also enforces the Foreign Exchange Management A

ED arrests Samajwadi Party politician in ponzi linked money laundering case

The Enforcement Directorate on Monday said it has arrested an Uttar Pradesh-based state secretary of the Samajwadi Party after it raided his premises in Noida as part of a money laundering investigation linked to the 'Bike Bot' alleged Ponzi scam. Dinesh Kumar Singh alias Dinesh Singh Gujjar was arrested on July 21 and a special Prevention of Money Laundering Act (PMLA) court sent him to ED custody till July 26, the agency said in a statement. The money laundering case stems from multiple FIRs filed by the Uttar Pradesh Police on the basis of complaints made by certain investors about the 'Bike Bot' fraud allegedly committed by Garvit Innovative Promoters Ltd. (GIPL), its promoter Sanjay Bhati and others. Bhati and others are alleged to have floated lucrative investment scheme in the name of 'BIKE BOT' in 2017, the ED said. As per the scheme, it said, a customer could invest in 1, 3, 5 or 7 bikes which would be maintained and operated by the company and the investors would be paid

In political palette of TN, saffron is a colour DMK wants turned pallid

On June 14, Balaji was arrested by the Enforcement Directorate (ED) after 18 hours of interrogation and a search of his official residence and chamber at the state Secretariat

SC seeks ED's reply on Senthil Balaji's plea against HC order in PMLA case

The Supreme Court on Friday sought response from the Enforcement Directorate (ED) on the pleas of Tamil Nadu Minister V Senthil Balaji and his wife Megala challenging the July 14 order of the Madras High Court upholding his arrest by the probe agency in a money laundering case. A bench of Justices A S Bopanna and M M Sundresh issued a notice to the ED on the pleas and posted the matter for hearing on July 26. The minister and his wife have filed two separate petitions in the top court challenging the high court order. Besides upholding the arrest of the minister, the high court had held as valid his subsequent remand in judicial custody by a sessions court in the money laundering case arising out of the alleged cash-for-jobs scam in the state's transport department when he was the transport minister. He continues to be a minister without portfolio in the Tamil Nadu cabinet. During the hearing in the apex court, senior advocate Kapil Sibal, appearing for the petitioners, referred t

PMLA case: SC seeks ED's reply on plea by Senthil Balaji against HC order

The Supreme Court on Friday sought response from the Enforcement Directorate (ED) on the pleas of Tamil Nadu Minister V Senthil Balaji and his wife Megala challenging the July 14 order of the Madras High Court upholding his arrest by the probe agency in a money laundering case. A bench of Justices A S Bopanna and M M Sundresh issued notice to the ED on the pleas and posted the matter for hearing on July 26. The minister and his wife have filed two separate petitions in the top court challenging the high court order. Besides upholding the arrest of the minister, the high court had also held as valid his subsequent remand in judicial custody by a sessions court in the money laundering case arising out of the alleged cash-for-jobs scam in the state's transport department when he was the transport minister. He continues to be a minister without portfolio in the Tamil Nadu cabinet. Justice C V Karthikeyan, who was named as a third judge by the high court to hear the habeas corpus petit

SC seeks ED's reply on plea by Senthil Balaji against HC order in PMLA case

The Supreme Court on Friday sought response from the Enforcement Directorate (ED) on the pleas of Tamil Nadu Minister V Senthil Balaji and his wife Megala challenging the July 14 order of the Madras High Court upholding his arrest by the probe agency in a money laundering case. A bench of Justices A S Bopanna and M M Sundresh issued notice to the ED on the pleas and posted the matter for hearing on July 26. The minister and his wife have filed two separate petitions in the top court challenging the high court order. Besides upholding the arrest of the minister, the high court had also held as valid his subsequent remand in judicial custody by a sessions court in the money laundering case arising out of the alleged cash-for-jobs scam in the state's transport department when he was the transport minister. He continues to be a minister without portfolio in the Tamil Nadu cabinet.

ED files fresh case against former Jet Airways promoter Naresh Goyal

The Enforcement Directorate has conducted eight searches so far in locations linked to Naresh Goyal after filing a fresh case where Canara Bank is the complainant

ED arrests businessman Sujit Patkar in BMC Covid-19 centres' case

The Enforcement Directorate has arrested businessman Sujit Patkar, a friend of Shiv Sena (UBT) MP Sanjay Raut, and another person in connection with a money laundering case related to alleged irregularities in setting up of jumbo COVID-19 treatment facilities here, an official said on Thursday. Patkar and his three partners allegedly bagged Mumbai civic body contracts fraudulently for managing COVID-19 field hospitals in the city during the pandemic, officials earlier said. The ED arrested Patkar and doctor Kishore Bisure on Wednesday night after their alleged involvement in the case came to light, an official said. Bisure was the dean of the Dahisar jumbo COVID-19 centre, the official said. Both of them will be produced before a court later in the day, he said. The ED last month conducted raids at 15 locations in Mumbai in connection with the money laundering case against Patkar and others. The raids were conducted at locations of some officials of the Brihanmumbai Municipal ...

SC asks ED to hold their hands in C'garh money laundering case for now

The oral remark was passed by the apex court while dealing with various pleas relating to Chhattisgarh liquor irregularities case

38 party NDA, brought to you by ED: AAP's Raghav Chadha takes swipe at BJP

Ahead of the National Democratic Alliance meeting here, the Aam Aadmi Party took potshots at the BJP on Tuesday, alleging that the ruling party's coalition partners have been brought together by the Enforcement Directorate. BJP president J P Nadda on Monday had said that 38 parties have confirmed their participation in the meeting of the NDA and slammed opposition leaders' unity efforts as a "selfish" exercise to protect themselves from action in cases of corruption worth over Rs 20 lakh crore. The NDA meeting is scheduled to be held later in the day. Taking a swipe at the NDA, AAP Rajya Sabha member and national spokesperson Raghav Chadha tweeted, "Thirty-eight party NDA. Brought to you by ED." The NDA meeting comes on a day when a crucial meeting of 26 opposition parties, including Congress, JD (U), AAP, TMC, NCP, SP and DMK, was underway in Bengaluru to formulate a joint strategy to defeat the BJP in the 2024 Lok Sabha elections. Delhi Chief Minister and AAP national convenor .

ED summons Ponmudi, son to appear today evening in money laundering case

Tamil Nadu Higher Education Minister K Ponmudi and his son who left the Enforcement Directorate office in the wee hours of Tuesday have been summoned to appear this evening in connection with a money laundering case linked to alleged illegal sand mining. After almost an overnight enquiry by the ED officials, both Ponmudi and his MP son Gautham Sigamani were allowed to go home at about 3.30 am today and asked to appear before the ED officials at 4 pm today for further enquiry, DMK spokesperson and advocate A Saravanan said. He claimed that the Minister cooperated well with the central agency and wondered the necessity to put a 72-year-old Minister to an overnight ordeal merely for obtaining a statement. Nothing would have happened if the ED officials had asked him to appear in the morning for obtain the statement," he said. The raids were held at the premises of Ponmudy and his son in state capital Chennai and in the minister's stronghold of Villupuram. The ruling DMK dubbed the act

ED raids TN minister K Ponmudy, his MP son, DMK dubs action as 'vendetta'

The Enforcement Directorate on Monday conducted raids at the premises of DMK leader and Tamil Nadu Higher Education Minister K Ponmudy and his MP son Gautham Sigamani in a money laundering case, official sources said. The raids are being undertaken at the premises of the father-son duo in state capital Chennai and in Villupuram, they said while the ruling DMK dubbed the action 'political vendetta.' Ponmudy is the second Minister in the Chief Minister M K Stalin's Cabinet to face ED raids following Senthil Balaji, who was arrested last month in a cash-for-jobs case following searches. The 72-year old Ponmudy is an MLA from Tirukkoyilur Assembly constituency in Villupuram district while his 49-year old son Sigamani is a Member of Parliament representing the Kallakurichi seat. The money laundering case is linked to alleged irregularities when Ponmudy was the state mining minister (between 2007 and 2011) and there were allegations of violation of quarry licence conditions leading to lo

We have united to defeat BJP: Stalin on Oppn unity meeting; slams ED raid

Speaking to reporters at the Chennai airport before flying to Bengaluru to attend the Opposition meet, CM Stalin said, 'All Opposition parties have united to defeat the BJP-led Central government

Like-minded parties united against Modi govt's 'vendetta politics': Kharge

Condemning the Enforcement Directorate raids at multiple premises of DMK leader K Ponmudy, Congress president Mallikarjun Kharge on Monday said all like-minded parties are united against the "vendetta politics" of the Modi government and shall not be bogged down by these "cowardly tactics to trample upon democracy". The Enforcement Directorate (ED) on Monday conducted raids at multiple premises of Tamil Nadu Higher Education Minister Ponmudy and his MP son Gautham Sigamani Pon in a money laundering case linked to alleged illegal mining, official sources said. Escorted by armed personnel of the CRPF, the officials of the federal probe agency searched the premises under the provisions of the Prevention of Money Laundering Act (PMLA). In a tweet, Kharge said, "We condemn the ED raids against Tamil Nadu Education Minister, Dr. K. Ponmudy, just before our crucial opposition meeting." This has become Modi government's predictable script in order to intimidate and divide the opposition, h

Enforcement Directorate searches premises linked to TN Minister Ponmudy

The Enforcement Directorate on Monday conducted searches at premises linked to Tamil Nadu Higher Education Minister and DMK leader K Ponmudy, the party said and dubbed the action 'political vendetta.' On a day when party president and Chief Minister M K Stalin was scheduled to take part in the Congress-led Opposition meet in Bengaluru, the ED began its searches here and in Villupuram, Ponmudy's home district. Official information related to searches is awaited. "This is political vendetta and aimed at testing the DMK's resolve," party spokesperson A Saravanan told PTI. There has been no action from Central authorities against the AIADMK leaders on graft cases such as the one involving the Gutka scandal, he alleged. The DMK, under the leadership of party president and Chief Minister Stalin, has been playing a pivotal role in taking on the BJP and the ED action is aimed at 'intimidating' the party, he added.

WB teachers' recruitment 'scam': ED attaches assets of expelled TMC workers

Assets worth more than Rs 15 crore of expelled TMC youth wing leaders Kuntal Ghosh and Santanu Banerjee and another person have been attached in connection with a money laundering probe into the alleged West Bengal school teachers' recruitment scam, the ED said on Friday. The attached properties are in the form of bank accounts, shares, mutual funds, residential flats and land, the agency said in a statement. The total value of the provisionally attached assets, seized under the Prevention of Money Laundering Act, is Rs 15.03 crore. They belong to accused persons Ghosh, Banerjee and Ayan Sil who "acted as agents in the illegal collection of money from aspiring candidates for the posts of primary teacher", it alleged. The Enforcement Directorate (ED) had earlier arrested the three and Sil is an alleged associate of Banerjee. Former TMC leader and West Bengal education minister Partha Chatterjee, his alleged associate Arpita Mukherjee, TMC MLA and former president of the West Bengal .