Page 82 - Enforcement Directorate

Excise policy scam: K Kavitha may join ED probe for 3rd time today

On Monday, the Bharat Rashtra Samithi (BRS) MLC was grilled for almost ten hours during which she was confronted with Hyderabad-based businessman Arun Pillai and few documentary evidence

Liquor policy case: Delhi court to hear Manish Sisodia's bail plea today

The court on Monday extended the judicial custody of the Aam Aadmi Party (AAP) leader for further 14 days, in connection with the Delhi Excise Policy case

ED arrests Santhosh Eapen in LIFE Mission Scam Case, says report

Santhosh Eapen told the ED officials that he had given the dollar to the consulate official as directed by the gold smuggling case accused Swapna Suresh, PS Sarith and Sandeep Nair

ED attaches immovable properties worth Rs 20.16 crore in PMLA case

The ED said that the accused acquired proceeds of crime and layered the same in the form of various immovable properties

ED attaches assets worth Rs 47.1 cr under PMLA in Cosmos bank loan fraud

The ED said that they also conducted a fund trail investigation and found that Vinay Aranha diverted the loans and got crores of rupees in cash

Delhi excise policy case: Kavitha appears before ED for questioning

BRS leader K Kavitha on Monday appeared before the Enforcement Directorate (ED) here for the second round of questioning in the Delhi excise policy linked money laundering case, officials said. The 44-year-old MLC daughter of Telangana Chief Minister K Chandrashekar Rao was first questioned in the case on March 11 following which she was summoned again on March 16. Kavitha, however, skipped the deposition citing her pending plea for relief against the ED action in the case. The federal probe agency rejected her claims and asked her to depose on March 20. During the nine hours she spent at the ED office on March 11, Kavitha is understood to have been confronted with the statements made by Hyderabad-based businessman Arun Ramchandran Pillai, an arrested accused in the case who allegedly shares close ties with her, apart from those of few others involved in the case. The BRS MLC's statement was recorded under the Prevention of Money Laundering Act (PMLA). Kavitha has asserted that s

Delhi excise policy case: K Kavitha likely to appear before ED today

K. Kavitha, the daughter of Telangana Chief Minister K. Chandrasekhar Rao, is likely to join the second round of questioning by the Enforcement Directorate in connection with Delhi excise policy scam

ED attaches assets worth Rs 5.21 cr of Mineral Enterprises Ltd under PMLA

The assets attached are in the form of six immovable properties owned by the accused persons, the official said

WB teachers' scam: ED recovers 350 OMR sheets from real estate promoter

Following the raid and search operations, the Enforcement Directorate (ED), probing the multi-crore recruitment scam for teaching and non-teaching staff in the state-run schools in West Bengal

ED attaches assets worth Rs 5.21 cr in Bangalore mining case: Official

According to the officials, the assets attached are in the form of six immovable properties owned by the accused

ED files caveat in SC on K Kavitha's plea challenging summons against her

A Caveat application is filed by a litigant to ensure that no adverse order is passed against them without being heard

Sisodia involved in 'large-scale destruction of digital evidence': ED

The Enforcement Directorate has claimed before a Delhi court that AAP leader and former deputy chief minister Manish Sisodia was involved in "large-scale destruction of digital evidence to impede investigation" into the Delhi excise policy case and had changed and destroyed 14 phones. In its remand application, seeking an extension of Sisodia's custody, the agency on Friday said the major recommendations that ultimately formed the basis for the Excise Policy 2021-22, including fixing of 12 per cent profit margin for wholesalers, were not decided in the group of ministers (GoM) meetings and instead "imported from external sources". The Enforcement Directorate (ED) had arrested Sisodia on March 9 in the Tihar jail, where he was lodged in connection with a Central Bureau of Investigation (CBI) case about alleged corruption in the formulation and implementation of the now-scrapped policy. The CBI had arrested him on February 26. The ED is probing money laundering charges against the Aam

Delhi excise policy case: ED likely to confront Sisodia with his PA today

Aam Aadmi Party leader and former Deputy Chief Minister Manish Sisodia's PA, Devender Sharma is likely to join the probe of the ED in connection with the Delhi excise policy scam case

CBI working impartially; most cases being probed reported during UPA: Shah

Union Home Minister Amit Shah on Friday asserted that probe agencies like the CBI and the ED have been working impartially and except two, all cases they were investigating had been registered during the UPA government. Participating in the India Today Conclave here, Shah said whatever the investigating agencies were doing could be challenged in courts. In 2017, during Uttar Pradesh polls, a big woman leader of Congress had said if they were indulging in corruption, why there was no investigation. She was questioning us. Now they are creating a hue and cry when there has been action, he said. The home minister said these investigating agencies are not above the court and any notice, FIR and chargesheet can be challenged in the courts. Instead of going to the court, why are they shouting outside. I want to ask the people if there is any corruption allegation against anyone, should not there be a probe. All these cases, except two, were registered during their rule. Not during our ..

Delhi excise scam: Court sends Manish Sisodia to ED custody till March 22

A city court on Friday extended the ED custody by five days of senior AAP leader Manish Sisodia, arrested in a money laundering case related to the excise policy, saying the physical custody of the accused appeared necessary for his further effective interrogation. Special judge M K Nagpal allowed the anti-money laundering agency to interrogate the former Delhi deputy chief minister in custody till March 22. The Enforcement Directorate (ED) had sought Sisodia's custody for seven days. The court, which heard the arguments put forth by the ED and Sisodia's lawyers on the AAP leader's custody, said in its nine-page order said that the physical custody of the accused appears to be necessary for his further effective interrogation, in light of the new or fresh incriminating facts or material which has surfaced during this period (of earlier seven-days ED custody) and also to confront him with the fresh physical records and digital data received or expected to be received as well as the ..

Court reserves verdict on ED plea seeking extension of Sisodia's custody

A court here on Friday reserved its order on an Enforcement Directorate plea seeking the custody of AAP leader Manish Sisodia, who has been arrested in a money laundering case related to the Delhi excise policy, for seven more days. Sisodia was produced before special judge M K Nagpal, who will announce the order on the extension of the former Delhi deputy chief minister's custody shortly. Heavy security deployment was made inside and outside the Rouse Avenue Court premises. The ED told the court that crucial information had come up during Sisodia's custody and he had to confronted with other accused persons. It said voluminous data from Sisodia's email and mobile, etc. is also being forensically analysed. Opposing the federal probe agency's plea, Sisodia's lawyer said there is not a whisper from the agency regarding the proceeds of the crime, which is fundamental to the case. He further said there is no justification for the extension of custody and Sisodia was confronted only w

Chinese loan app case: Razorpay, fintech cos, NBFCs named in ED chargesheet

The Enforcement Directorate Friday said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals and as many NBFCs and some others in a money laundering probe linked to Chinese loan apps which allegedly cheated numerous people. The federal probe agency said in a statement that the special Prevention of Money Laundering Act (PMLA) court based in Bengaluru has taken cognisance of the prosecution complaint (chargesheet). A total of seven entities and five individuals have been named as accused in the charge sheet. The accused entities include fintech companies Mad Elephant Network Technology Private Limited, Baryonyx Technology Private Limited and Cloud Atlas Future Technology Private Limited which are "controlled" by the Chinese nationals and three non-banking financial companies (NBFCs) registered with RBI named X10 Financial Services Private Limited, Track Fin-ed Private Limited and Jamnadas Morarjee Finance Private ...

Crypto under PMLA: CoinDCX registers itself as reporting entity with FIU

As per the Prevention of Money Laundering Act (PMLA), 2002, a reporting entity is required to conduct KYC verification of the customers and maintain their records

ED knocks at the door of Franklin Templeton execs, conducts searches

Sebi in 2021 barred firm from launching new debt schemes for violating norms in winding up of 6 debt schemes

Delhi excise policy case: BRS MLC K Kavitha to skip ED probe today

K. Kavitha, the daughter of Telangana CM K. Chandrasekhar Rao, who was all set to join the investigation of ED in connection with Delhi excise policy scam case, is likely to skip the summon