Page 6 - Money Laundering Case

SC adjourns hearing on Vijay Nair's bail plea in Delhi excise policy scam

The Supreme Court on Tuesday adjourned hearing on the bail plea of former Aam Aadmi Party communication in-charge Vijay Nair in a money laundering case related to the alleged Delhi excise policy scam. A bench of justices Hrishikesh Roy and SVN Bhatti deferred the matter after the counsel for the ED sought a weeks' time for filing a counter affidavit. "Reluctantly, time prayed for is granted," the bench said. The top court had issued notice to the Enforcement Directorate (ED) on August 12 on the plea of Nair while noting that he has been in custody for two years. Appearing for Nair, senior advocates Abhishek Singhvi and Vikram Chaudhary submitted before the court on August 12 that he was arrested on November 13, 2022, and he has challenged the trial court's July 29 order dismissing his default bail plea. Earlier, on July 3 last year, the high court refused to grant bail to Nair and other co-accused in the money laundering case. The money laundering case stems from a Central Bureau

SC to hear K Kavitha's bail pleas in Excise policy case on Tuesday

The Supreme Court is scheduled to hear on Tuesday BRS leader K Kavitha's pleas seeking bail in corruption and money laundering cases linked to the alleged Delhi excise policy scam. The apex court had on August 12 sought responses from the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) on Kavitha's pleas challenging the Delhi High Court's July 1 verdict denying her bail in these cases. As per the cause list of August 20 uploaded on the top court website, a bench of justices B R Gavai and K V Viswanathan is slated to hear her pleas. During the arguments on August 12, Kavitha's counsel had sought bail contending that she has been in custody for around five months and the charge sheet and prosecution complaint have already been filed by the CBI and the ED respectively. A prosecution complaint is the ED's equivalent of a charge sheet. Her lawyer had referred to the apex court's verdicts on the pleas filed by Delhi Chief Minister Arvind Kejriwal and Aam Aadmi Par

ED attaches assets worth Rs 29 cr in Ponzi scheme running Pearlvine

The Enforcement Directorate on Friday said assets worth more than Rs 29 crore have been attached under the anti-money laundering law as part of an investigation against a fraud investment website that ran a Ponzi scheme across the country. The action has been taken against the portal --www.pearlvine.com -- that runs under the banner of Pearlvine International, the central agency said in a statement. The money laundering case stems from an FIR filed by the CID of Meghalaya Police on a complaint made by the RBI. Pearlvine International was an "unrecognised" entity, which claimed itself to be US-based and provided several lucrative investment options. It collected a minimum amount of Rs 2,250 as membership fees and ran a Ponzi scheme in India between 2018 till March, 2023, the Enforcement Directorate (ED) said. During this period, the company organised seminars all around the country soliciting membership and popularising its benefits, the central agency said. At one point of time in

ED summons Dabur's Mohit Burman, others in Religare money laundering probe

Religare open offer case: Dabur Chairman Mohit Burman, three independent directors of Care Health Insurance and the manager of the open offer have been summoned by the Enforcement Directorate

Delhi Excise scam case: SC extends interim bail to Hyderabad businessman

The Supreme Court on Tuesday extended the interim bail granted to Hyderabad-based businessman Abhishek Boinpally in a money laundering case related to the alleged Delhi excise policy scam. A bench of justices M M Sundresh and Aravind Kumar adjourned the matter for hearing on October 14 as Additional Solicitor General S V Raju was not available. Senior advocate Kapil Sibal, appearing for Boinpally, submitted that the petitioner was arrested in October 2022 and referred to AAP leader Manish Sisodia case while seeking bail for him. During the brief hearing, advocate Zoheb Hossain, appearing for the ED, told the court that Boinpally has been out on interim bail owing to the condition of his wife, who is suffering from various ailments, since March 6 and requested the court to hear the matter in the presence of ASG. The apex court then adjourned the matter as the ASG was not available while extending the interim relief. On March 20, the top court noted that the businessman has been in

SC to consider listing Kejriwal's plea against CBI arrest in excise case

The high court had asked him to move the trial court for regular bail in the CBI case

SC to hear bail plea of Senthil Balaji in money laundering case on Monday

The Supreme Court is scheduled to hear on Monday the bail plea of former Tamil Nadu minister V Senthil Balaji, who was arrested by the Enforcement Directorate last year in connection with a money laundering case. A bench of Justices Abhay S Oka and Augustine George Masih is scheduled to hear Balaji's plea challenging the February 28 order of the Madras High Court dismissing his second bail petition in the case. The high court, while dismissing the bail petition, said that if he is let out on bail in a case of this nature, it will send a wrong signal and it will be against larger public interest. It said the petitioner has suffered incarceration for more than eight months and therefore, it will be more appropriate to direct the special court to dispose of the case within a time frame. "Accordingly, there shall be a direction to the Principal Special Court, Chennai, to dispose of the case within a period of three months from the date of receipt of copy of this order," it had ...

Excise policy cases: SC to hear BRS leader Kavitha's pleas on August 12

The Supreme Court is scheduled to hear on August 12 the pleas filed by BRS leader K Kavitha challenging the Delhi High Court's verdict denying her bail in corruption and money laundering cases linked to the alleged Delhi excise policy scam. The high court had on July 1 dismissed Kavitha's bail pleas in both the cases, saying she was prima facie one of the main conspirators in the criminal conspiracy related to the formation and implementation of the now-scrapped Delhi Excise Policy 2021-22. According to the cause list of August 12 uploaded on the apex court's website, a bench of Justices B R Gavai and K V Viswanathan is slated to hear her petitions. While dismissing her bail pleas, the high court had said no case for grant of regular bail was made for now as the investigation is at a crucial stage. It had rejected her plea for relief on the grounds of being a woman, saying as a well-educated person and a former MP, she cannot be equated to a vulnerable female, and the court cannot

'Tight slap on dictatorship': AAP slams BJP after Sisodia gets bail

The AAP on Friday called the Supreme Court verdict granting bail to party leader Manish Sisodia as a "victory of truth" and hoped that other jailed leaders of the party "will also get justice". The Supreme Court on Friday granted bail to AAP leader Manish Sisodia in corruption and money laundering cases linked to the alleged Delhi excise policy scam, noting that he has been in custody for 17 months. A bench of justices B R Gavai and K V Viswanathan said Sisodia has been in custody for 17 months and trial has not yet commenced, depriving him of the right to speedy trial. In a post on X in Hindi, party MP Raghav Chadha said, "The whole country is happy today as Manish Sisodia, the hero of Delhi education revolution, got bail. I express my gratitude to the Honorable Supreme Court from the bottom of my heart." "Manish ji was kept behind the bars for 530 days. His crime was that he gave a better future to the children of the poor. Dear children, your Manish uncle is coming back," Chadha

SC to hear Manish Sisodia's bail pleas in Delhi excise policy case on Aug 5

The Supreme Court is scheduled to hear on Monday pleas filed by AAP leader Manish Sisodia, seeking bail in corruption and money-laundering cases linked to the alleged Delhi excise policy scam. A bench of Justices BR Gavai and KV Viswanathan will take up for hearing both the pleas. On July 29, Additional Solicitor General SV Raju, appearing for CBI and ED, had told the bench that while the Central Bureau of Investigation had filed its response on Sisodia's plea, it had not come on record. Raju had raised preliminary objections on Sisodia's pleas and said it was the second special leave petition challenging the same Delhi High Court order. "The same order can't be challenged twice," the law officer had submitted. Sisodia had earlier moved the apex court challenging the Delhi High Court's May 21 order dismissing his bail pleas. He had challenged in the high court a trial court's April 30 order rejecting his bail applications in the two cases. He was arrested by the CBI on February 2

Supreme Court grants bail to NCP's Nawab Malik in money laundering case

The interim bail was made absolute or permanent till disposal of the regular bail plea filed by him before the Bombay High Court

CBI files final charge sheet in Delhi excise policy case against Kejriwal

Concluding its probe in the alleged Delhi Excise Policy scam, the CBI on Monday filed its final charge sheet in the case against Chief Minister Arvind Kejriwal and others, officials said. The CBI earlier filed one main charge sheet and four supplementaries in the case in which former Delhi deputy Chief Minister Manish Sisodia, Telangana MLC K Kavitha and others have also been charged. The agency said the one filed on Monday will be its final charge sheet in the case. Liquor businessman Magunta Sreenivasalu Reddy (a TDP MP) met Kejriwal on March 16, 2021 in his office at the Delhi Secretariat and requested him to provide support in his liquor business in the national capital by tweaking the Excise Policy 2021-22 which was then in the making, the agency said in its charge sheet against K Kavitha. Kejriwal assured support to Reddy and asked him to contact the accused K Kavitha as she was working with his team on the Excise Policy of Delhi, the CBI had alleged. Kejriwal in turn allege

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SC to hear Manish Sisodia's bail pleas in Excise policy case on Monday

The Supreme Court is scheduled to hear on Monday Aam Aadmi Party (AAP) leader Manish Sisodia's bail pleas in corruption and money laundering cases linked to the alleged Delhi excise policy scam. The former deputy chief minister of Delhi has sought bail contending that he has been in custody for 16 months and the trial against him has not made any progress since October last year. According to the cause list of July 29 uploaded on the Supreme Court website, a bench of Justices B R Gavai and K V Viswanathan is slated to hear Sisodia's pleas. The apex court had on July 16 agreed to hear the pleas and sought responses from the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED). Sisodia has also filed an application seeking revival of his bail petitions in the excise policy-linked corruption and money laundering cases. The AAP leader was arrested by the CBI on February 26, 2023 in connection with alleged irregularities in the formulation and implementation of th

Elvish Yadav appears before ED for questioning in money laundering case

YouTuber Siddharth Yadav alias Elvish Yadav appeared before the Enforcement Directorate here on Tuesday for questioning in a money laundering case linked to suspected use of snake venom as a recreational drug in parties he hosted and related financial transactions, official sources said. The agency will record his statement at its zonal office located at Ashok Marg here. The central agency had registered a case in May and pressed charges under the Prevention of Money Laundering Act (PMLA) after taking cognisance of an FIR and charge sheet filed against him and linked persons by the Gautam Buddh Nagar (Noida) district police in Uttar Pradesh. Elvish Yadav was summoned by the agency in the second week of July but he sought deferment of the summons owing to his scheduled foreign travel and professional commitment. Rahul Yadav alias Rahul Fazilpuriya, a singer from Haryana allegedly linked to Elvish Yadav, was questioned by the ED in the said case, they said. Alleged generation of ...

Delhi HC allows sale of conman Sukesh's 26 cars, says 'subject to decay'

These cars were attached and in possession of the Directorate of Enforcement (ED) in a money laundering case linked to the Rs 200 crores extortion case

Delhi Excise policy: Court defers CBI arguments, hearing on July 22

Manish Sisodia and other accused in judicial custody were produced before the court through video conferencing

SC to deliver verdict on Arvind Kejriwal's plea against ED arrest today

ED had discovered chats between Kejriwal and Hawala operators regarding the alleged proceeds of crime in the case

ED takes ex- K'taka min B Nagendra into custody in money laundering probe

The Enforcement Directorate on Friday took former Minister B Nagendra into custody, as part of a money-laundering probe linked to the alleged irregularities in the Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation Limited, official sources said. The Congress MLA was taken to the ED office here from his residence for questioning, the sources said. Following allegations against him in connection with the scam, Nagendra, who was Scheduled Tribes Welfare Minister, tendered his resignation on June 6. "I'm being brought from my home...I don't know anything," Nagendra told reporters as he was being taken to the ED office. The ED has carried out searches for the last two days at several places, including at the premises of former Karnataka Minister Nagendra and ruling Congress MLA Basanagouda Daddal, who is Chairman of the Corporation. The agency covered around 20 locations in Karnataka, Andhra Pradesh, Telangana and Maharashtra as part of a case registered under the ...

Bail order can't be set aside merely on prosecution's imagination: Kejriwal

Reply copy stated that during the hearing on the stay application, ED chose to produce media reporting before this Court