Page 95 - Enforcement Directorate

ED attaches properties of Rajkot-based firm in money laundering case

Enforcement Directorate (ED) has provisionally attached immovable assets worth Rs 16 crore under the PMLA, 2002 in connection with a case against Mandeep Industries, Rajkot

Masala bonds: Former FM Thomas Issac running away from probe, says ED

The Enforcement Directorate, investigating the Masala bonds case involving former Kerala Finance Minister Thomas Isaac, on Saturday told the High Court that he is running away from the probe.

Recent raids at PFI premises was called 'Operation Octopus': Sources

Sources in the National Investigation Agency (NIA) have said that the raids at the premises of the Popular Front of India (PFI) conducted earlier this week was named as 'Operation Octopus'.

Special court allows ED for 7-day custodial probe of Delhi PFI leaders

A Special Court of Delhi has allowed ED a 7-day custodial interrogation of Perwez Ahmad (President, PFI Delhi), Md. Ilias (General Secretary PFI Delhi) and Abdul Muqeet (Office Secretary, PFI, Delhi)

Illegal mining in HP: ED conducts searches, seizes cash, documents

The ED carried out searches at the premises of Lakhwinder Singh Stone Crushers, and people related with it in Una, Mohali and Panchkula in connection with illegal mining

National Herald: ED issues notices to Cong leaders from Andhra, Telangana

The Enforcement Directorate has issued notices to some Congress leaders from Telangana and Andhra Pradesh in connection with its ongoing money laundering investigation into the operations of the Congress party-owned National Herald newspaper, officials said Friday. While some of the politicians belonging to the party have been summoned for questioning here over the next few weeks, others have been given notices to explain certain payments made to Young Indian, the company that owns the news outlet. Officials said four leaders have been issued the notices. Earlier this week, Karnataka Congress President D K Shivakumar had told reporters after finishing his questioning session with the ED in Delhi that he was questioned about certain transactions made by him to this company in the past. "Surprisingly, they (ED officials) have asked me about the payment from one of my trust, from me and my brother, to Young Indian," he told reporters on September 19. Shivakumar said he had sought mor

CBI, ED no more 'caged parrot' but 'jewels of law': Mukhtar Abbas Naqvi

Senior BJP leader and former Union minister Mukhtar Abbas Naqvi on Friday said that the CBI and the ED were no more a "caged parrot" but have now become a "jewels of law" which are performing their duties fairly without any bias. Speaking to reporters in Moradabad and Rampur, Naqvi slammed the opposition parties for accusing the government of misusing the probe agencies to target them. He said those raising such questions are themselves in dock for committing "wrong deeds." These "champions of corruption" are in trouble today that is why they are levelling baseless and unsubstantiated statements against the agencies, Naqvi said. He also parried criticism of the Uttar Pradesh government over its decision to survey madrassas and waqf properties, saying its critics are raising a "bogey of fear and fallacy" only for emotional exploitation of people. "Everyone's constitutional rights are absolutely safe and secure. "Some organisations like PFI are involved in a criminal and communal .

Welspun bid for ABG Shipyard among highest for assets under liquidation

Gujarat govt welcomes the winning offer which could boost ship building activity under the new 2019 port policy

ED freezes Rs 2,747 cr worth of assets of ABG Shipyard in bank fraud case

The ED case has been filed under various Sections of the Prevention of Money Laundering Act (PMLA) after the investigators studied the CBI complaint and the forensic audit report

Government does not interfere in functioning of ED, says FM Sitharaman

Union Finance Minister Nirmala Sitharaman on Thursday said the government does not interfere in the functioning of the Enforcement Directorate (ED) and rejected the Opposition criticism that the central agency is often misused against opponents of the Bharatiya Janata Party (BJP). Addressing a press conference near Pune on the sidelines of a programme, she said the ED comes into picture only when there is suspicion of money laundering. Asked about ED actions against Opposition leaders, Sitharaman said the law enforcement agency, which comes under the Ministry of Finance, knows its responsibilities and the government does not interfere in its work. "Try to understand the functioning of the ED. It does not reach the spot when an incident happens. It's role comes into the picture only after it emerges that the Prevention of Money Laundering Act (PMLA) has been violated in a case. "The ED never comes into the picture directly. It comes when there is a doubt that money laundering has .

Will never surrender: PFI after NIA-ED raids at party offices in 11 states

The Popular Front of India, while condemning the raids by the National Investigation Agency (NIA) and the Enforcement Directorate (ED) against its leaders, stated that it will "never surrender"

ABG Shipyard: ED attaches assets worth Rs 2,747 cr in money laundering case

The ED on Thursday said it has attached dockyards, agricultural lands, commercial properties and bank deposits worth more than Rs 2,747 crore as part of an alleged bank loan fraud linked money laundering investigation against ABG Shipyard Ltd, its group companies and linked entities. The seized properties include shipyards located at Surat and Dahej in Gujarat, agricultural lands and plots, various commercial and residential premises in Gujarat and Maharashtra and bank accounts owned by ABG Shipyard Ltd., its group companies and other related entities, the federal agency said in a statement. The total value of the provisionally attached assets, under the Prevention of Money Laundering (Act), is Rs 2,747.69 crore. The Enforcement Directorate action comes a day after the CBI arrested the founder of the company Rishi Kamlesh Agarwal. Probe found that the ABG Shipyard Ltd. and its Chairman & Managing Director Agarwal availed various credit facilities/loans from consortium of Banks led

ED finds no evidence of Republic TV's involvement in TRP rigging case

The Enforcement Directorate (ED) has said that there is no evidence of involvement of Republic TV and R Bharat in the case of manipulation of Television Rating Points (TRP)

NIA, ED conduct anti-terror raids in 10 states; 100 PFI activists detained

The National Investigation Agency on Thursday morning launched a massive nationwide search operation against groups, including PFI, and individuals allegedly supporting terrorists, officials said. In the "largest ever investigation till date", the searches are taking place at the premises of those allegedly involved in terror funding, organising training camps, and radicalising people to join proscribed organisations, they said. "The raids are taking place at the homes of national, state and local leaders of PFI. The state committee office is also being raided. "We strongly protest the fascist regime's moves to use agencies to silence dissenting voices," the outfit said in a statement.

WBSSC scam: Partha Chatterjee, 3 others get judicial custody till Oct 5

A special CBI court here Wednesday rejected the bail prayer of former West Bengal minister Partha Chatterjee and remanded him and three others to judicial custody till October 5 in connection with its probe in the SSC recruitment scam. The three others sent to judicial custody till the same date are former West Bengal Board of Secondary Education (WBBSE) president Kalyanmoy Ganguly, who was arrested by CBI on September 15, former secretary of West Bengal School Service Commission (SSC) Ashok Saha and its former advisor S P Sinha. The order was given by a CBI court a prayer by the central investigating agency. The special court had on September 16 given CBI the custody of Chatterjee till Wednesday on a prayer by the agency for questioning him in connection with the case, which it is investigating on an order of the Calcutta High Court. Chatterjee and his alleged close associate Arpita Mukherjee were arrested by the Enforcement Directorate (ED), which is probing the reported money tr

ED cases against opposition candidates up four-fold under NDA government

Out of the total 121 cases against politicians under Enforcement Directorate (ED) probe currently, 115 or 95 per cent are against Opposition leaders

Sukesh Chandrasekhar: A jailed conman who never stopped duping people

He is accused of running an extortion racket worth Rs 200 crore from the inside of Tihar jail. He has also duped people on the pretext of promising them jobs

Some BJP leaders, not PM, behind misuse of CBI, ED: Mamata Banerjee

West Bengal Chief Minister Mamata Banerjee on Monday sought to insulate Prime Minister Narendra Modi from allegations of misuse of central agencies by the BJP-led Centre against political rivals by saying she doesn't believe that the PM is behind the alleged excesses of CBI and ED. The chief minister, who has been a voracious critic of the Narendra Modi government since 2014, blamed a section of the BJP leaders for misusing the central agencies to serve their interests. While speaking on a resolution in the Assembly against the "excesses" of the central probe agencies, Banerjee, also the Trinamool Congress supremo, urged the Prime Minister to ensure that the functioning of the union government and the interests of his party do not get mixed up. The BJP said such a resolution against the CBI and ED is against the rules and regulations of the Assembly. The resolution was passed through division, with 189 voting in favour of it and 69 against it. Central agencies such as CBI and ED a

Partha Chatterjee-Arpita Mukherjee assets worth Rs 103 cr: ED charge sheet

ED officials said that the assets include cash amounting to Rs 49.80 crore and gold worth Rs 5.08 crore seized from the two residences of Mukherjee in Kolkata in July.

ED attaches over Rs 46 crore assets of ex-minister Partha Chatterjee, aide

The Enforcement Directorate on Monday said it has attached assets worth Rs 46.22 crore "beneficially owned" by former minister Partha Chatterjee and his alleged associate Arpita Mukherjee as part of a money laundering probe in the West Bengal teachers' recruitment 'scam'. The attached properties include 40 immovable assets such as a farmhouse, flats and "prime land" located in Kolkata worth a total Rs 40.33 crore, apart from Rs 7.89 crore worth deposits kept in 35 bank accounts, the federal agency said in a statement. "The attached properties are found to be beneficially owned by Partha Chatterjee and Arpita Mukherjee," it said. According to the agency, several of the attached properties were registered in the name of shell companies and persons acting as proxies for Chatterjee. The former minister in the TMC-led government in West Bengal and his "close associate" were arrested by the ED in July. The agency had seized Rs 49.80 crore cash, gold and other jewellery worth more than R