Page 11 - Money Laundering Case

Court extends interim bail to Supertech chairman in money laundering case

The plea stated that Arora was admitted to Fortis Hospital, Noida on March 10 and was diagnosed with 'Systemic Hypertension, Coronary Artery Disease and unstable angina'

Money laundering case: SC to hear AAP's Sanjay Singh's bail plea on Mar 19

The Supreme Court on Tuesday said it would hear on March 19 a plea filed by AAP leader Sanjay Singh, who has challenged an order of the Delhi High Court which refused to grant him bail in a money laundering case related to the alleged Delhi excise policy scam. A bench of Justices Sanjiv Khanna, Dipankar Datta and Prashant Kumar Mishra was informed by the counsel appearing for the Enforcement Directorate (ED) that they would file their reply to Singh's plea during the day. The ED's counsel said the apex court had on February 26 issued notice to the probe agency seeking its response on the plea. He said the reply was ready and would be filed. "You are filing it today?" the bench asked. The counsel said the ED would file the reply during the day. "Then we will keep it on next Tuesday," the bench said while posting the matter for hearing on March 19. A separate plea filed by Singh challenging his arrest and remand in the money-laundering case also came up for hearing before the ...

ED raids against RJD family associate in homebuyer's funds fraud case

The Enforcement Directorate on Tuesday raided multiple premises in Delhi-NCR as part of a money laundering investigation against a realty and liquor group promoted by Amit Katyal, an alleged "close associate" of RJD chief Lalu Prasad's family, official sources said. Katyal was arrested by the central agency last year in the alleged railways land-for-jobs scam involving Prasad, his wife Rabri Devi, son and former deputy CM Tejashwi Yadav, MP daughter Misa Bharti and some other children. A total of 27 premises of Haryana-based Krishn Buildtech Pvt Ltd in Delhi, Gurugram and Sonipat are being searched under the provisions of the Prevention of Money Laundering Act (PMLA), the sources said. The company is promoted by Amit Katyal and Rajesh Katyal. The probe pertains to alleged siphoning of homebuyer's fund worth Rs 400 crore by the promoters of the company and parking them abroad, they said. The agency alleged that Amit Katyal sent more than Rs 200 crore of homebuyer's funds to Sri ...

Money laundering case: ED raids J'hand Cong MLA Amba Prasad, linked persons

The Enforcement Directorate on Tuesday carried out searches against Jharkhand Congress MLA Amba Prasad and some others allegedly linked to her as part of a money laundering investigation, official sources said. About 17-18 premises in Ranchi and some other cities of the state were being covered, the sources said. The 36-year-old legislator represents the Barkagaon assembly seat in Hazaribag district. A clutch of FIRs related to alleged illegal sand mining, extortion and some other crimes have formed the basis of the ED action being undertaken under the provisions of the Prevention of Money Laundering Act (PMLA), the sources said.

Delhi HC denies default bail to Supertech chairman in money laundering case

The Delhi High Court has dismissed a plea by R K Arora, the chairman and promoter of real estate major Supertech Group, seeking default bail in a money laundering case. The high court rejected Arora's contention that on the date of filing of the prosecution complaint (charge sheet) the investigation was incomplete as the chargesheet was not accompanied by FSL report and the Enforcement Directorate (ED) had issued summons to another person in the case after filing the prosecution complaint. The respondent (ED) has already submitted the requisite documents for obtaining expert opinion from the Forensic Science Laboratory (FSL). Preparation of the FSL report is not in the control of the investigating agency, though it can take steps for expediting the process. It is the categorical stand of the respondent that the investigation against the present petitioner is complete. Mere issuance of summons to another person or seeking leave of the court to file additional evidence, without there

Not entitled to default bail: HC rejects Supertech's promoter Arora's plea

Default bail is enshrined in Section 167(2) of the CrPC, which states that when an accused is arrested and detained in custody, the investigation must be completed within a specified time frame

Money Laundering case: ED raids premises of SP MLA Irfan Solanki in Kanpur

The ED on Thursday raided premises linked to Samajwadi Party MLA Irfan Solanki and some of his family members in Kanpur, Uttar Pradesh as part of a money laundering investigation, official sources said. The premises of the incarcerated four-time MLA from Sisamau and others are being raided under the Prevention of Money Laundering Act PMLA, the Enforcement Directorate sources said. Solanki (44) has been lodged in the Maharajganj prison since December 2022 in connection with several criminal cases. The MLA and his brother Rizwan were arrested for allegedly harassing a woman and setting her house on fire in a bid to grab her plot. They had surrendered before police. Later, police slapped the UP Gangsters and Anti-Social Activities (Prevention) Act against them and three others.

SC dismisses 2018 money laundering case against K'taka Dy CM Shivakumar

The Supreme Court on Tuesday dismissed a money laundering probe against Karnataka Deputy Chief Minister DK Shivakumar. The Congress leader had moved the top court against the Karnataka High Court order that refused to quash the Enforcement Directorate (ED) summons issued to him in an alleged case of money laundering. A bench of justices Surya Kant and K V Viswanathan granted the relief to Shivakumar. The case dates back to August 2017 when the Income Tax department had carried out searches at multiple premises in Delhi as part of its alleged tax evasion probe against Shivakumar, his alleged business associate and liquor trader Sachin Narayan (45), another associate Sunil Kumar Sharma (46) who operated a fleet of luxury buses, 49-year-old Karnataka Bhawan (Delhi) employee A Hanumanthaiah and former state government employee and caretaker posted at the Karnataka Bhawan Rajendra N (76). The department during the searches had seized more than Rs 8.59 crore, out of which more than Rs 41

ED intensifies probe in Mahadev betting app case, 2 more accused arrested

According to ED lawyer Saurabh Pandey, Suraj Chokhani, the Managing Director of Ability Games Ltd Company, is a close associate of Tibrewal

ED issues 8th summon to Arvind Kejriwal in Delhi excise policy scam case

The Enforcement Directorate has issued summons to Delhi Chief Minister Arvind Kejriwal for the eighth time for his questioning in an excise policy-linked money laundering case, official sources said on Tuesday. They said Kejriwal, the national convenor of the Aam Aadmi Party, has been asked to depose on March 4 at the agency's headquarters here. On Monday, Kejriwal, 55, skipped the seventh summons issued to him in the case, saying he would appear before the agency if a court ordered him to do so. A city court, approached by the Enforcement Directorate (ED) over Kejriwal skipping its summonses, has directed the chief minister to appear before it on March 16. The ED, while issuing the eighth summons, rejected the contention that a fresh notice for Kejriwal's attendance was wrong as the matter was sub-judice.

ED raids premises of RJD MLA, husband in money laundering case in Bihar

The Enforcement Directorate on Tuesday raided the premises of RJD MLA Kiran Devi, her husband and former legislator Arun Yadav and some others as part of a money laundering probe linked to alleged possession of disproportionate assets, official sources said. Kiran Devi is a sitting MLA of the Lalu Prasad-led Rashtriya Janta Dal (RJD). She represents the Sandesh constituency in Bhojpur district. Arun Yadav represented the seat from 2015 to 2020. According to the sources, when ED sleuths reached Kiran Devi's residence on Tuesday morning, the MLA was not there. Searches were also conducted at the premises linked to the MLA in Bhojpur's Agiaon. Despite several attempts by PTI, the RJD MLA was not available for comments on the Enforcement Directorate (ED) action. The ED's money laundering case against Arun Yadav and Kiran Devi stems from a total of 16 FIRs filed by the Bihar Police at various police stations in Ara district. The agency filed a criminal case under the Prevention of Mone

Court to pass order on AAP MLA Amanatullah Khan's bail plea on Mar 1

A local court will pronounce on March 1 its order on the application of AAP MLA Amanatullah Khan, who is seeking anticipatory bail in a money-laundering case related to alleged irregularities at the Delhi Waqf Board in hiring staff and leasing out assets during his chairmanship. Special Judge Rakesh Syal reserved the order after hearing arguments from the counsel appearing for Khan and the Enforcement Directorate (ED) on the application, which has said the MLA anticipates being arrested by the central probe agency in the case. During the arguments, the ED opposed the application and claimed that Khan may not cooperate in the investigation if he is granted pre-arrest bail. Khan, the AAP's Okhla MLA, was not named as an accused in the charge sheet that the ED recently filed. The agency has named five entities in its prosecution complaint (the ED's equivalent of a charge sheet) that included three suspected associates of Khan -- Zeeshan Haider, Daud Nasir and Jawed Imam Siddiqui. The

FATF removes UAE, Uganda, Barbados & Gibraltar from gray list of countries

An international watchdog said Friday that it was removing the United Arab Emirates from its so-called gray list of countries that don't take full measures to combat money laundering and terrorism financing. The announcement was made by the Paris-based Financial Action Task Force following its meeting in the French capital. The FATF welcomed the UAE's "significant progress in improving its anti-money laundering and counterterrorism financing policies. Barbados, Gibraltar and Uganda will also be removed from the FATF's gray list, the watchdog said in a statement Friday following its plenary meetings. They "will no longer be subject to the FATF's increased monitoring process, the watchdog said in a statement. Being on the watchdog's gray list can scare away investors and creditors, hurting exports, output and consumption. It also can make global banks wary of doing business with a country.

ED issues seventh summons to Delhi CM Arvind Kejriwal in excise policy case

While issuing the summons, ED has also rejected Kejriwal's contention that the agency should wait for the court's decision instead of repeatedly sending summonses

Won't arrest Wankhede in money laundering case till March 1: ED to HC

The Enforcement Directorate on Tuesday told the Bombay High Court that it will extend till March 1 its previous statement that it would not arrest Sameer Wankhede, the former zonal director of the Narcotics Control Bureau (NCB), in a money laundering case. A division bench of Justices P D Naik and N R Borkar accepted the statement and posted Wankhede's petition against the case on March 1. The bench directed the probe agency to produce a copy of the ECIR (complaint) on that day. The ED registered a money laundering case against Wankhede after taking cognisance of a first information report (FIR) by the Central Bureau of Investigation (CBI) in an alleged Rs 25-crore bribe demand from superstar Shah Rukh Khan's family to spare his son in a drugs case. Earlier this month, Wankhede filed a petition in the high court seeking to quash the ED's case and, through an interim order, sought protection from any coercive action and a stay on the probe. The probe agency had last week said it wo

Waqf Board money laundering case: AAP MLA moves court for anticipatory bail

Earlier on February 7, the Delhi High Court dismissed AAP MLA Amanat Ullah Khan's plea against the summons of ED in the Delhi Waqf Board money laundering case

HC grants interim bail to Lava MD Hari Om Rai in money laundering case

The Delhi High Court on Friday granted interim bail for three months to Hari Om Rai, MD of Lava International mobile company, in a money laundering case involving smartphone maker Vivo. Justice Swarana Kanta Sharma gave relief to 57-year-old Rai on account of his "life-threatening" heart disease, saying he must be given an opportunity to be treated in the hospital of his choice. "The delicate balance between life and death in cardiac emergencies underscores the importance for prioritization and specialized care required in such cases, for mitigating the profound risks posed by these medical conditions. "Each passing moment in the face of cardiac distress is fraught with the peril of irreversible harm, and in case of any eventuality that may occur in applicant not getting proper and specialised treatment, this Court will have to bear the weight of regret," the court said in the order. The court asked Rai to furnish a personal bond of Rs 1 lakh with one surety of the like amount and

Ex-NCB officer Sameer Wankhede moves HC against ED's money laundering case

Former Mumbai NCB zonal director Sameer Wankhede has moved the Bombay High Court challenging the Enforcement Directorate's money laundering case against him, claiming that it was a "counter blast" to a complaint filed by him against the anti-drug agency's senior official. The ED registered the money laundering case against Wankhede after taking cognisance of a Central Bureau of Investigation (CBI) FIR in an alleged Rs 25 crore bribe demand from Bollywood superstar Shah Rukh Khan's family to spare his son Aryan Khan in a drugs case. Wankhede, a 2008-batch Indian Revenue Service (IRS) officer of the Customs and Indirect Taxes cadre, in his plea said the ED's case "smacks of malice and vendetta". The petition filed on February 6 through advocates Karan Jain, Sneha Sanap and Aditya Targe sought for the ED case to be quashed and an interim order to be passed granting him protection from any coercive action. Wankhede also sought for the probe being carried out by the ED to be stayed till

ED raids Karnataka Congress MLA Nara Bharath in money-laundering case

The Enforcement Directorate (ED) raided more than a dozen locations in Karnataka on Saturday as part of a money-laundering investigation against Congress MLA Nara Bharath Reddy and some others, official sources said. The premises of the 34-year-old legislator from Bellary and some other locations in Karnataka and Telangana are being searched, they said. Officials of the central agency searched Reddy's locations in Bellary and Bengaluru. The money-laundering case against Reddy stems from an FIR lodged by the Karnataka Police and allegations of land deals that are under the ED's scanner. Some mining and quarrying businesses allegedly linked to the MLA are also being investigated by the agency.

ED files case against ex-NCB Mumbai Zonal Director Sameer Wankhede

The Enforcement Directorate has registered a money laundering case against former Mumbai NCB zonal director Sameer Wankhede taking cognisance of a CBI FIR in an alleged Rs 25-crore bribe demand from superstar Shah Rukh Khan's family to spare his son in a drugs case, official sources said Saturday. The central agency has booked the case under the Prevention of Money Laundering Act (PMLA), they said. Some former Narcotics Control Bureau (NCB) officials have also been summoned. Wankhede, a 2008-batch Indian Revenue Service (IRS) officer of the Customs and Indirect Taxes cadre, has moved the Bombay High Court seeking protection from any coercive action by the anti-money laundering agency. He was booked by the CBI in May last year on charges of seeking Rs 25-crore bribe for not framing Shah Rukh Khan's son Aryan Khan in the drugs-on-cruise case, officials had said. Aryan Khan was arrested in the alleged drug bust case on the Cordelia cruise ship on October 2, 2021. The Central Bureau