Page 97 - Enforcement Directorate

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ED points to insider trading in NSE case, to share info with Sebi for probe

Narain, arrested a few days before the chargesheet was filed, had allegedly conspired with iSec in the tapping case from the beginning

Will give ED list of 100 TMC MLAs with disproportionate assets: Adhikari

Senior BJP leader Suvendu Adhikari on Thursday claimed he would soon submit documents to the Enforcement Directorate (ED) that contain details about disproportionate assets of 100 TMC leaders. The ruling Trinamool Congress, however, dubbed the allegations as baseless and politically motivated. Adhikari said he would visit the ED office in the city on Saturday and submit the documents to the central agency. "A few days back, Chief Minister Mamata Banerjee had claimed that 99 per cent of party workers are honest. But, I have documents to prove nearly 99 per cent of TMC leaders are corrupt, the Leader of Opposition in West Bengal assembly claimed. "On Saturday, I would submit those documents to the ED officials and request them to initiate a probe The entire TMC is neck-deep in corruption," he alleged. Reacting to his comments, senior TMC leader Tapas Ray said Adhikari has a habit of making baseless allegations. "Let him prove his claims. After BJP's failed Nabanna Abhiyan' (march t

Nora Fatehi leaves EOW office after five-hour grilling in extortion case

The official said that Fatehi has said many times that she didn't know about the criminal record of Chandrashekhar

D K Shivakumar questions timing of ED summons in money laundering case

In August this year, a Delhi court had granted bail to Shivakumar and other accused persons in connection with a 2018 money laundering case registered by the ED

Bengal Law Minister Moloy Ghatak skips ED summons in coal smuggling case

West Bengal Law Minister Moloy Ghatak skipped appearing before the Enforcement Directorate (ED) for questioning in a case of alleged coal pilferage from Eastern Coalfields Ltd mines in Asansol

School jobs scam: Ex-Bengal minister Partha's judicial remand extended

A special PMLA court here on Wednesday extended the judicial remand of former West Bengal minister Partha Chatterjee till September 28 on a prayer by the Enforcement Directorate (ED), which is probing alleged money trail in the school jobs scam. The Prevention of Money Laundering Act (PMLA) court also extended the judicial remand of Chatterjee's alleged close aide, Arpita Mukherjee, for 14 days. Rejecting a bail prayer of the former minister, Judge Bidyut Baran Roy granted 14 days' judicial remand of Chatterjee and Mukherjee on a prayer by the ED till September 28. Opposing the bail prayer, ED counsel Phiroze Edulji claimed before the court that around Rs 100 crore have so far been recovered in the form of cash and assets of Mukherjee, the alleged associate of the former minister. Produced before the court through the virtual mode from Presidency Correctional Home here, Chatterjee prayed that he be granted bail. His lawyers were present before the judge physically. The judge grant

Fresh raids by ED at Paytm, PayU, and other payment gateway offices: Report

Sources said that raids were going on in Mumbai, Delhi, Gurugram, Lucknow and Kolkata

ED arrests man for duping people on pretext of investment in oil company

Further investigation in the matter is on

WazirX says ED has unfrozen bank accounts, allowing it to continue ops

Cryptocurrency exchange platform said it is cooperating with agency in its investigation of 16 fintech companies and instant loan apps

Maneka Gambhir files contempt of court petition in Calcutta HC against ED

The immigration department furnished an email printout of a notice from the ED, through which the latter had summoned her to be present at the ED office in Kolkata for questioning in a particular case

Top headlines: Retail inflation rises to 7% in August; AI leases 30 planes

India plans to pay about Rs 20,000 crore ($2.5 billion) to the state-run fuel retailers, such as Indian Oil Corp., to partly compensate them for losses and keep a check on cooking gas prices

ED issues fresh summons to TMC MP's kin after wrong notice call at midnight

The Enforcement Directorate has issued fresh summons to Maneka Gambhir, the sister-in-law of TMC MP Abhishek Banerjee, for questioning in a money laundering case after it was found that the agency "erroneously" issued her a notice for appearance at 12:30 AM instead of 12:30 PM on Monday, official sources said. Gambhir was handed over the summons to appear at the ED office here on Monday "at 12:30 AM" by agency officials at the Kolkata airport on September 10 after they denied her from travelling abroad as she was required to join investigation in an alleged coal scam case. She reached the ED office in Salt Lake area around the stipulated time given on the summons but as it was an erroneous date issued inadvertently, she found the office closed and returned after clicking some pictures, the sources said. The sources said the midnight time printed on the earlier summons was a "typographical error" and it should have been "12:30 PM" on September 12. Now, Gambhir has been sent fresh ..

Rs 17 cr cash, 16 hours, 8 counting machines: Know about ED raid in Kolkata

It took over 16 hours and eight counting machines for the ED officials to count the heap of cash that was recovered from the residence of a businessman in Kolkata

ED stops Abhishek Banerjee's relative from flying abroad; issues summons

TMC MP Abhishek Banerjee's sister-in-law Maneka Gambhir was on Saturday evening stopped by the ED at the Kolkata airport from flying abroad and was handed over summons to join investigation in a money laundering case, official sources said. Gambhir had reached the airport to take a flight to Bangkok departing around 9 PM. The sources said on Sunday that Gambhir was denied immigration clearance on the basis of a Look Out Circular (LOC) issued against her by the federal probe agency. She was stopped by the immigration authorities and the Enforcement Directorate (ED) was informed following which they reached the airport, spoke to her and denied her permission to travel, they said. The ED officials subsequently handed over summons to her seeking her appearance before the agency on Monday (September 12) at 11 am at its office in Salt Lake area in Kolkata for questioning in a money laundering case linked to an alleged coal pilferage case of West Bengal, the sources said. She is understo

ED raids Kolkata-based gaming app operator, recovers over Rs 17 cr cash

The Enforcement Directorate on Saturday seized Rs 17.32 crore in cash after it raided the promoters of a Kolkata-based mobile gaming app company as part of a money-laundering investigation, official sources said. The agency, the sources said, is looking at some "political links" of the app promoters and wants to ascertain the actual beneficiaries of this cash, even as it is investigating the possible routing of the funds spent by gullible gamers here through some "Chinese-controlled" entities. A photograph released by the federal agency showed multiple bundles of Rs 500 currency notes along with a few in the denomination of Rs 2,000, Rs 200 and Rs 100 stacked on a bed depicting the ED abbreviation. Official sources said the cash was recovered from a premise which has an address mentioned as 'F 7. N A Khan' and is located in the Garden Reach area of Kolkata. The ED was looking for the alleged prime accused in the case identified as Aamir Khan as he was not found at the premises that

Mobile gaming application case: ED raids six locations in Kolkata

ED has carried out search operations at six locations here with respect to an investigation relating to the Mobile Gaming Application

ED raids several places in Kolkata, estimated Rs 7 crore recovered

ED teams conducted raids at three separate places in Kolkata and recovered a huge amount of cash from the possession of a city-based businessman

ED seizes cash after raids on Punjab AAP MLA, others in bank fraud case

The ED on Friday said it seized Rs 32 lakh cash, some mobile phones and hard drives after it raided the premises of AAP MLA in Punjab Jaswant Singh Gajjan Majra and some others as part of a money laundering probe linked to an alleged bank loan fraud. The federal investigative agency said in a statement that the searches were carried out at the business and residential premises of "accused persons and their associates" including Tara Corporation Limited (renamed as Malaudh Agro Limited on September 24, 2018), its directors Jaswant Singh, Balwant Singh, Kulwant Singh, Tejinder Singh, their associates and other sister concerns at Ludhiana, Malerkotla, Khanna, Payal and Dhuri. Jaswant Singh Gajjan Majra is a legislator from the Amargarh assembly constituency. The Aam Aadmi Party (AAP) Punjab unit had on Thursday called the raids a "political vendetta". The ED said "incriminating pieces of evidence were seized related to "bogus firms through which turnover of Tara Corporation Limited was

Ex-NSE MD Ravi Narain sent to 2-day ED custody in money laundering case

A Delhi court on Wednesday sent former MD and CEO of National Stock Exchange Ravi Narain to two days' custodial interrogation by Enforcement Directorate in a money laundering case related to alleged illegal phone tapping and snooping on stock exchange employees. Special Judge Sunena Sharma allowed ED's plea seeking Narain's custody till September 9 after the accused was produced before him by the probe agency. ED's Special Public Prosecutor N K Matta told the court that Narain was required to be confronted with other accused persons and evidence in the matter to unearth the larger conspiracy in the matter. The ED on Tuesday arrested him in the case. Narain was the MD and CEO of NSE from April 1994 to March 31, 2013. Thereafter, he was appointed as the vice-chairman in a non-executive category on the company's board from April 1, 2013, to June 1, 2017. The ED had registered an Enforcement Case Information Report (ECIR) in July against former Mumbai Police commissioner Sanjay Pandey