Page 2 - Money Laundering Case

Robert Vadra appears before ED in Sanjay Bhandari money laundering case

Robert Vadra, the businessman husband of Congress MP Priyanka Gandhi Vadra, appeared before the Enforcement Directorate on Monday for his questioning in connection with the UK-based arms consultant Sanjay Bhandari linked money laundering case, official sources said. The businessman's statement will be recorded under the Prevention of Money Laundering Act (PMLA), they said. The 56-year-old Vadra was called by the agency to depose last month but he had sought deferment of his summons as he had to travel abroad. He is being investigated by the central probe agency in three different money laundering cases, including this one. The two others pertain to alleged irregularities in land deals. The 63-year-old Bhandari fled to London in 2016 soon after the Income-Tax department raided him in Delhi. He was recently declared a fugitive economic offender by a Delhi court. A UK court last month refused the Indian government's application seeking permission to appeal in Britain's Supreme Court

ED raids in several Punjab, Haryana cities in 'donkey route' case

The Enforcement Directorate on Wednesday conducted searches in multiple cities of Punjab and Haryana as part of a money laundering investigation into a 'donkey route' case related to illegal Indian immigrants who were deported by the US this year, official sources said. Offices and houses of suspects and agents in at least 11 cities in the two states -- Amritsar, Sangrur, Patiala and Moga in Punjab and Ambala, Kurukshetra and Karnal in Haryana-- are being raided under the Prevention of Money Laundering Act (PMLA), the sources said. The money laundering case stems from 17 FIRs registered by Punjab and Haryana police departments against the travel/visa agents and middlemen who cheated various persons willing to go to the US illegally, they said. A number of Indians from these two states and few others were deported onboard US military planes in February this year and the agency later recorded the statements of few deportees. These statements and some linked investigation threw up the

ED attaches luxury yacht, properties in Spain in case against OctaFX

This is the second instance when the offshore properties have been attached in this case. Previously, the probing agency attached 19 properties in Spain and other assets worth ₹296 crore

Actor Mahesh Babu served legal notices in ₹34 lakh plot fraud case

Mahesh Babu, who endorsed Sai Surya Developers, has been served legal notices after a Hyderabad-based doctor alleged she was duped of ₹34 lakh in a non-existent plot scam

ED raids 8 places in J'khand in money laundering case against Yogendra Sao

The raids have been underway since early morning in Jharkhand's Hazaribagh and Ranchi, based on an ongoing investigation under the Prevention of Money Laundering Act (PMLA), official sources told ANI

ED attaches Mahira Group assets worth ₹557 cr in money laundering case

The ED initiated the probe based on FIRs filed by Gurugram Police against Sai Aaina Farms Pvt. Ltd. and others under various sections of the Indian Penal Code

BRS leader K T Rama Rao appears before Telangana ACB in Formula E race case

BRS Working President K T Rama Rao on Monday appeared before the Telangana government's Anti-Corruption Bureau (ACB) as part of its ongoing inquiry in the Formula E race case. Speaking to reporters at the BRS headquarters here prior to his appearance, Rama Rao called the investigation against him "political harassment" and accused the Congress government of trying to divert public attention from its "failure" to fulfill the election promises. "May be, they will arrest me. But, one thing is sure. We had gone to jail earlier for the sake of Telangana (statehood). We are ready to go to jail again over a decision taken to promote Hyderabad's brand image. Ready to go to jail even 100 times. But, we will not spare the Congress government (on its poll promises)," he said. He added that truth will triumph in the end. The BRS Working President, who was the Municipal Administration Minister during the previous BRS regime, was questioned by the ACB in January this year in connection with the

Nexa Evergreen land Scam: ED raids 24 sites across Rajasthan, Gujarat

The real estate firm allegedly defrauded around 62,000 investors by offering land in Gujarat's Dholera and promising to double investments in 14 months

Harsh Goenka supports fugitive Vijay Mallya, says justice must be fair

Vijay Mallya recently appeared on a YouTube podcast, where he shared his side for the first time in nine years - speaking on decline of Kingfisher Airlines, charges against him, and more

ED arrests key accused Rohan Harmalkar in ₹1,000 crore Goa land scam

The alleged mastermind Rohan Harmalkar is charged with defrauding property owners using fake documents and tampering revenue records across prime tourist locations in Goa

ED arrests former Uco Bank chairman Subodh Kumar Goel in fraud case

ED arrests ex-Uco Bank CMD Subodh Goel in ₹6,210 crore fraud case; agency alleges he received illegal gratification via shell firms during credit sanctions to CSPL

Who is the Indian-origin billionaire Balvinder Singh jailed in Dubai?

Balvinder Singh Sahni is a well-known businessman in Dubai's elite circles. He is founder of RSG Group, a real estate and property management firm with operations in UAE, India, US and other countries

100 PMLA courts in country but money laundering trials delayed: ED

Timely completion of money laundering case trials continues to face several "systemic" and "procedural" hurdles, even though there are 100 special PMLA courts across the country, the Enforcement Directorate has said in its latest report. The federal probe agency has been regularly targeted by political parties in the opposition, alleging that its actions were biased and the conviction rate was "poor" -- a claim strongly refuted by the organisation. ED Director Rahul Navin defended the track record of his agency during an event held here on Thursday to mark the 'ED Day', saying its conviction rate was more than 93 per cent. Same day, the ED also released its first-ever annual report, where it devoted a specific chapter to 'Challenges in Expeditious Completion of PMLA Trials'. Till now, the estimate of yearly work done by the agency was clubbed in the 'Annual Report' of the Union finance ministry under which the ED works. "While the legal framework under PMLA (Prevention of Money ..

Over 1,700 money laundering cases under trial: ED chief Rahul Navin

He attributed the delay in prosecution to the broader issue of slow judicial processes in the country

ED summons actor Mahesh Babu for questioning in money laundering case

The Enforcement Directorate is probing Sai Surya Developers under PMLA for delays in the 'Green Meadows' project. Actor Mahesh Babu was the project's brand ambassador

ED attaches Jagan's shares, Dalmia land worth ₹800 cr in old bribery case

The Enforcement Directorate's action stems from a case initially registered by the CBI in 2011, alleging that DCBL invested ₹95 crore in Raghuram Cements Ltd, a company associated with Jagan Reddy

Mahadev app case: ED searches premises of EaseMyTrip's Nishant Pitti

The ED said that several top politicians and government officials from Chhattisgarh are suspected to be involved in illegal activities and money deals connected to the app

Robert Vadra appears before ED on day 2 of questioning in land deal case

Robert Vadra, the businessman brother-in-law of Leader of Opposition in Lok Sabha Rahul Gandhi, appeared before the Enforcement Directorate on the second straight day on Tuesday for his questioning in a 2008 Haryana land deal linked money laundering case. He was accompanied by his wife Priyanka Gandhi Vadra, the Congress MP from Kerala's Wayanad. The two exchanged hugs before Robert Vadra went inside the ED office. He was questioned for about five hours on Tuesday and his statement was recorded by the federal probe agency under the Prevention of Money Laundering Act (PMLA), official sources said. The session will resume on Wednesday, the sources said. The 56-year-old Vadra had termed the ED action "political vendetta". He said he has always cooperated with investigative agencies and has furnished huge amount of documents, stressing that there needs to be a closure in cases which are as old as 20 years. The probe against Vadra is linked to a land deal in Haryana's Manesar-Shikohpu

ED attaches Aamby Valley land worth Rs 1,460 crore in Sahara case

This land was purchased in benami names with funds diverted from Sahara group entities

ED attaches ₹1,460 cr Aamby Valley land in probe against Sahara Group

The Enforcement Directorate has attached ₹1,460 crore worth of benami land in Aamby Valley, seizing 707 acres linked to diverted investor funds in the Sahara probe