Page 73 - Enforcement Directorate

Anil Ambani's wife Tina appears before ED in connection with FEMA case

Tina Ambani, the wife of Reliance ADA Group Chairman Anil Ambani, on Tuesday appeared before the Enforcement Directorate (ED) here for questioning and recording her statement in connection with an investigation linked to the alleged contravention of the foreign exchange law, official sources said. Anil Ambani had recorded his statement in the case on Monday under sections of the Foreign Exchange Management Act (FEMA) and he is expected to appear before the federal agency again later this week for completion of the exercise. The investigation against the couple pertains to the possession of certain alleged undisclosed assets abroad and linked movement of funds, the sources said. Anil Ambani's alleged links to some offshore companies based in Jersey, British Virgin Islands and Cyprus are under the probe scanner of the ED. He had been questioned by the agency in 2020 in a money laundering case against Yes Bank promoter Rana Kapoor and others. In August last year, the income-tax ...

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Excise policy scam: SC dismisses ED's plea against bail to Sameer Mahendru

The Supreme Court on Monday refused to entertain a plea of the Enforcement Directorate challenging the six-week interim bail granted to liquor businessman Sameer Mahendru in a money laundering case related to alleged irregularities in the now-scrapped Delhi excise policy. A bench of Justices Sanjiv Khanna and Bela M Trivedi told Additional Solicitor General SV Raju, appearing for the ED, that it is not going to interfere with the order of the Delhi High Court. Raju submitted that the Delhi High Court order is "shocking" and is based on wrong facts and cannot be treated as a precedent. The bench said, "Sorry, for six weeks bail, we are not going to interfere. The period is going to run itself out in the next 10-15 days". On June 12, the high court had granted six-week interim bail on medical grounds to Mahendru in the money laundering case. The high court had observed that the accused was suffering from life-threatening diseases warranting immediate medical attention and post-opera

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Covid-19 centres scam: IAS officer Sanjeev Jaiswal appears before ED

IAS officer Sanjeev Jaiswal on Friday appeared before the Enforcement Directorate in connection with a money laundering case related to alleged irregularities over jumbo COVID centres set up by Mumbai civic body BMC during the pandemic, an official said. The Indian Administrative Service (IAS) officer was seen entering the ED office at Ballard Estate in South Mumbai around 11.30 am. The agency, which investigates offences of money laundering and violations of foreign exchange laws, had on June 21 raided 15 places linked to some people, including the IAS officer. Jaiswal had served as an additional commissioner in the Brihanmumbai Municipal Corporation (BMC). ED had recovered jewellery worth nearly Rs 2.4 crore, Rs 68 lakh cash and property-related documents during those raids, said the official. Jaiswal had been asked to appear before the ED to record his statement on Friday in connection with the case, he said. Jaiswal was summoned by the agency earlier too, but he had not appea

TN governor reserves dismissal order of Senthil Balaji to consult AG

Tamil Nadu Governor R N Ravi has decided to keep the dismissal order of state minister V Senthil Balaji in abeyance for the time being and informed Chief Minister M K Stalin about it, sources said on Thursday. In a late evening communication to the chief minister, the governor said he would consult the attorney general and seek his legal opinion about the move. The order to dismiss Balaji from the Council of Ministers has been kept in abeyance by the governor until further communication, the sources said. Earlier, the governor had dismissed Balaji from the Council of Ministers, days after his arrest by the Enforcement Directorate (ED) in an alleged cash-for-jobs scam. Stalin had said the state government would challenge the governor's decision legally. In an official release, the Raj Bhavan in Chennai had said, "There are reasonable apprehensions that the continuation of V Senthil Balaji in the Council of Ministers will adversely impact the due process of law, including fair ...

Supertech's Arora main person who decided to divert homebuyers' funds: ED

The ED on Wednesday alleged R K Arora, owner of real estate company Supertech, was the group's main controlling person who decided to "divert" investors and homebuyers money worth crores of rupees to various shell companies. Ram Kishor Arora was arrested under the anti-money laundering law on Tuesday. Earlier on Wednesday, he was sent to Enforcement Directorate (ED) custody till July 10 by the court of Duty Sessions Judge Devender Kumar Jangala. "The arrest is made in connection with the investigation being done against the Supertech Group for diverting, siphoning off and misappropriating funds of investors and customers," the ED said in a statement. The money laundering case, filed under the criminal sections of the Prevention of Money Laundering Act (PMLA), stems from as many as 26 FIRs registered by Delhi, Haryana and Uttar Pradesh police against Supertech Limited and its group companies on allegations of cheating 670 homebuyers to the tune of Rs 164 crore. "Huge amounts of mone

Delhi court sends Supertech's chairman R K Arora to ED custody till July 10

A Delhi court on Wednesday sent R K Arora, the owner of the real estate firm Supertech, to the ED's custody for interrogation till July 10 in a money-laundering case. Duty Sessions Judge Devender Kumar Jangala sent Arora to the custody of the Enforcement Directorate on an application filed by the agency. The ED in its application seeking Arora's 14-day custody told the court that the accused was required to be interrogated to unearth a larger conspiracy in the case. The ED had taken Arora into custody Tuesday under the criminal sections of the Prevention of Money Laundering Act (PMLA), following a third round of questioning at the federal agency's office here. The money-laundering case against the Supertech group, and its directors and promoters, stems from a clutch of FIRs registered by the police in Delhi, Haryana, and Uttar Pradesh. Special Public Prosecutor N K Matta, appearing for the ED along with advocate Faizan Khan, told the court that the company and its directors had ..

ED attaches Maharashtra-based steel company's assets worth over Rs 517 cr

The Enforcement Directorate (ED) on Wednesday said it has attached a Maharashtra-based steel company's assets worth more than Rs 517 crore under the anti-money laundering law in connection with an alleged bank loan fraud of over Rs 895 crore. The assets, including land, building and machinery, belong to SKS Ispat and Power Limited, the ED said in a statement. A provisional order for attaching these assets has been issued under the Prevention of Money Laundering Act (PMLA) and their total value is Rs 517.81 crore. The investigation pertains to a money laundering case based on a Central Bureau of Investigation (CBI) FIR against Tiruchirappalli-based boiler manufacturing company Cethar Limited that "availed" credit facilities of Rs 895.45 crore from a consortium of lenders led by the Indian Bank, SAM branch in Madurai. The ED said accounts of Cethar Limited turned NPA (non-performing asset) on December 31, 2012 and subsequently proceedings under the Insolvency and Bankruptcy Code (IBC

ED arrests Supertech's Chairman R K Arora in money laundering case

Earlier in April, the ED provisionally attached 25 immovable properties, valued at Rs 40.39 crore, belonging to the Supertech Group of Companies and their Directors in Uttarakhand and Uttar Pradesh

ED arrests Supertech's chairman R K Arora in money-laundering case

The Enforcement Directorate (ED) arrested real estate company Supertech's chairman and owner R K Arora on money-laundering charges on Tuesday, official sources said. Arora was taken into custody under the criminal sections of the Prevention of Money Laundering Act (PMLA), following a third round of his questioning at the federal agency's office here, they said. He is expected to be produced before a special PMLA court here on Wednesday, where the ED will seek his further remand. The money-laundering case against the Supertech group, its directors and promoters stems from a clutch of FIRs registered by the police departments in Delhi, Haryana and Uttar Pradesh. In April, the ED had attached assets worth more than Rs 40 crore of the real estate group and its directors.

BJP harasses industrialists who want to make donations to Cong: Gehlot

Rajasthan Chief Minister Ashok Gehlot on Monday alleged that the BJP alone takes donations for elections and harasses industrialists who want to donate to Congress. Gehlot also accused the BJP-ruled government at the Centre of misusing central agencies like Enforcement Directorate (ED), Income Tax department and the CBI. "BJP alone takes donations in elections and is not letting others take donations. They harass industrialists who want to donate to Congress," the Chief Minister said addressing a public meeting after visiting an inflation relief camp in Dungarpur. Highlighting the schemes and programmes of his government, Gehlot said that none of the state government schemes were launched with elections in mind. He also requested people to vote for the Congress party in the upcoming Assembly elections so that it can retain power in the state. Gehlot also reiterated his demand for a law on right to social security to be passed at the central government level.

ED seizes unaccounted cash of Rs 1.4 cr in PG medical seat scam in T'gana

During the search and seizure action, various incriminating documents and digital data were seized

Covid centre scam: What it is and why ED is conducting raids across Mumbai?

BJP leader Kirit Somaiya had registered a money laundering case in August 2022, claiming that contracts awarded to multiple field hospitals in Mumbai lacked healthcare experience

ED raids 15 places in Mumbai in relation to Covid jumbo centre scam

The ED searched the premises of Suraj Chavan, a close aide of Shiv Sena UBT leader Aaditya Thackeray and Sujit Patkar who is a close friend of MP Sanjay Raut

Senthil Balaji to undergo surgery on June 21, says TN health minister

Tamil Nadu health minister Ma Subramanian said that Balaji will undergo a coronary artery bypass graft (CABG) surgery at Kauvery Hospital in Chennai; Balaji was arrested by the ED on June 14

ED freezes bank balances totalling Rs 31.74 cr for FEMA violation

In the instant money laundering case, the ED has seized Rs 3.14 Crore in cash and frozen a bank balance of Rs. 28.60 crore

ED moves to SC against HC order allowing Senthil Balaji's hospital transfer

ED moved to the SC against an order of Madras High Court allowing Tamil Nadu minister V Senthil Balaji to be moved to a private hospital in Chennai from the govt hospital following his arrest by ED

With Senthil Balaji's arrest, TN politics heading for direct DMK-BJP fight

The arrest of Senthil Balaji, who is considered very close to the Chief Minister and one of the pointsman of the party in Western Tamil Nadu, led to Stalin directly intervening

BJP leader's remarks of ED probe against 17 Nagaland officials spark row

The controversy generated by a BJP leader's statement that the Enforcement Directorate (ED) is probing into the files of 17 senior officers in Nagaland has triggered a major socio-political row