Page 22 - Money Laundering

SC allows hearing of review plea by Karti Chidambaram against PMLA judgment

According to Chidambaram, the judgment deserves to be reviewed on grounds of grave error and being contradictory to earlier judgments and provisions of the Constitution.

Asia Pacific Group removes Russia's observer status over Ukraine war

The decision to remove Russia's status was taken last month in Malaysia during the annual meeting of the APG

ED files money laundering case against Manish Sisodia under PMLA

The ED will probe if there were alleged irregularities in the formulation and execution of the Delhi Excise Policy unveiled in November last year

SC stays proceedings before High Court against Jharkhand CM Hemant Soren

The bench during the hearing observed, "We are only concerned with this. The CM already had 0.88 acres of land before he assumed office. It's not as if the office was misused to amass wealth

Jacqueline Fernandez shares quote on social media amid ED trouble

Actor Jacqueline Fernandez, who was on Wednesday named as an accused in the charge sheet filed by the Enforcement Directorate in a multi-crore money laundering case linked to alleged conman Sukesh Chandrashekhar and others, shared a post on her social media page saying she will remain "strong" in these testing times. The federal probe agency filed the fresh (second supplementary) charge sheet or prosecution complaint in this case on Wednesday before a special Prevention of Money Laundering Act (PMLA) court in Delhi and, according to sources, the actor has been arraigned in it as an accused. While Fernandez didn't directly comment on the case, she re-shared an anonymous motivational quote on her Instagram stories. "Dear me, I deserve all good things, I'm powerful, I accept myself. It'll all be ok. I'm strong, I'll achieve my goals and dreams. I can do it (sic)," read the post. The 36-year-old actor, known for films such as "Kick", "Bhoot Police'' and most recently "Vikrant Rona", is

ED attaches Rs 370 cr deposits, including crypto assets of a Bengaluru firm

The federal agency froze the funds after it raided the premises of the company, Yellow Tune Technologies Pvt. Ltd, located in Karnataka's capital city over three days, starting August 8.

Ten crypto exchanges under ED lens for allegedly laundering Rs 10 billion

Many investors were traced based on their KYC details available with these crypto exchanges, but they were found to be fake or different from the real ones

Letting ED add its chilling effect to crypto winter will kill the industry

A couple more scandals, and the ED may achieve the shutdown the RBI has long wished for: The considerable talent India has in this area will flee to more welcoming jurisdictions like Dubai

London or Londongrad? What makes the UK a hub for global 'dirty money'

According to reports, the 'questionable funds' in the UK amount to over $125 billion every year. What makes London a hub for money laundering? Find out here

Money laundering case: Sena MP Sanjay Raut gets 14 days' judicial remand

PMLA Court Special Judge M.G. Deshpande granted Raut judicial remand after the ED informed that it did not require his additional custody for the probe into the Rs 1,034-crore scam.

ED to send 50 bank accounts linked to Partha, Arpita for forensic audit

The agency officials have contacted all the bank authorities concerned and asked for statement details, following which they will be sent for forensic audit.

ED freezes over Rs 64-crore bank deposits of crypto exchange WazirX

The federal agency said it conducted raids against a director of Zanmai Lab Pvt Ltd, which owns WazirX, on August 3 in Hyderabad and alleged he was "non-cooperative".

Can PMLA really be the go-to legislation to probe financial crimes?

Several older legislations like the Black Money Act and the Benami Transactions Act have become subservient to the Prevention of Money Laundering Act now

Imran Khan's PTI received prohibited funding from foreign, rules ECP

Imran Khan's Pakistan Tehreek-e-Insaf (PTI) was accused of receiving funds from Pakistani businessman Arif Naqvi's company, Wootton Cricket Ltd

ED expanded by over 50% since Sanjay Kumar Mishra assumed office in 2018

The ED, which is in the news over its action in various cases of alleged money laundering, has witnessed a growth over the last four years since Sanjay Kumar Mishra assumed office as its Director

Why the Enforcement Directorate is being seen as a political weapon

Unlike the CBI, the ED has policing powers without the accountability imposed on the regular police

ED officials search Shiv Sena MP Sanjay Raut's residence in Mumbai

Enforcement Directorate (ED) conducted a search at Shiv Sena MP Sanjay Raut's residence in Mumbai in connection with a money laundering case, an official said

SC upholds ED's powers under PMLA, says power to arrest not arbitrary

Many politicians, builders, and civil rights activists have charges of money laundering against them and are currently in ED custody

Sonia Gandhi's questioning by ED: Congress workers detained in Mumbai

Youth Congress workers were detained after they staged a 'rail roko' protest at a station against Congress chief Sonia Gandhi's questioning by the ED, police said

SC to deliver verdict on pleas challenging Money Laundering Act today

The Supreme Court is scheduled to pronounce its judgment on Wednesday on a batch of petitions concerning the interpretation of certain provisions of the Prevention of Money Laundering Act (PMLA)