Page 28 - Money Laundering

Syndicate Bank fraud case: Enforcement Directorate attaches Rs 5-cr assets

The central probe agency said its investigation in the case was initiated on the basis of an FIR filed by the Bengaluru Police

FATF review of India's anti-money laundering postponed to 2022 due to Covid

An evaluation by FATF to analyse effectiveness of India's anti-money laundering countering terrorist financing regime has been postponed for second time due to Covid pandemic, slated for next year

ED arrests Shakti Bhog CMD in money laundering case linked to bank fraud

ED said it has arrested Kewal Krishan Kumar, chairman and managing director (CMD) of Delhi-based Shakti Bhog Foods Limited, in a money laundering case linked to an alleged multi-crore bank loan fraud

Pakistan establishes anti-money laundering cell to exit FATF's grey list

This is to check financial crimes and illegal transfer of resources as the country struggled to exit from the FATF's grey list.

ED hell-bent on creating adverse impression, prejudices against me:Deshmukh

Anil Deshmukh wrote to ED and alleged that the probe is not transparent and the department is "hell-bent" on creating "adverse impression and prejudices" against him.

Mauritius closer to exiting grey list as FATF sees progress on action plan

Inter-governmental body has now authorised its delegates to visit the island nation for an on-site inspection of the progress made

Malta placed on global money laundering watchdog's grey list for monitoring

A watchdog on the lookout for money laundering and terror financing said Friday it has placed the tiny Mediterranean island nation of Malta on a list for increased monitoring

ED arrests 2 aides of ex-Maharashtra HM Anil Deshmukh in PMLA case

The Enforcement Directorate has arrested two aides of former Maharashtra home minister Anil Deshmukh in a money laundering case against the politician related to a Rs 100 crore bribery charges

ED questions ex-Maha home minister Deshmukh's personal secretary

Deshmukh's personal secretary, Sanjeev Palande, was brought to the ED's office in the afternoon for inquiry in connection with the case, they said.

ED raids ex-Maharashtra HM Anil Deshmukh's premises in Nagpur, Mumbai

The Enforcement Directorate on Friday conducted searches at the premises of former Maharashtra home minister Anil Deshmukh in Nagpur and Mumbai as part of a money laundering probe against him

ED records statement of DCP Raju Bhujbal in Anil Deshmukh corruption case

The Enforcement Directorate (ED), probing an alleged corruption case against former Maharashtra Home Minister Anil Deshmukh, recorded the statement of Deputy Commissioner of Police (DCP) Raju Bhujbal

Mauritius, Cayman Islands funds under watch for ownership info gaps

There are concerns that a number of such funds could have a high non-resident Indian (NRI) holding and be used by Indian promoters for round-tripping and manipulating share prices

In the eye of the storm: Adani stocks crash on rumours of FPI freeze

Shares recoup some losses after company, NSDL, FPIs deny report

China arrests over 1,100 for money laundering in crypto crackdown

Busts 170 groups for money laundering

Court in El Salvador sentences former first lady to 10 years in prison

A court in El Salvador sentenced the wife of former President Tony Saca to 10 years in prison for money laundering Friday and ordered her to repay USD17.6 million to the government

HDFC Bank asks customers to ignore communication on crypto transactions

This communication from the bank comes after the RBI on Monday clarified that banks can no longer cite its circular on cryptocurrencies for not offering such products to customers

Enforcement Directorate steps up drive to check Covid-linked corruption

The Enforcement Directorate (ED) has directed officials to consider cases of crime related to Covid-19 as predicate offence

Bombay HC stays investigation under FIR against Indiabulls Housing

Says charges malafide, casts doubts on bonafide of complainant

ED attaches properties of former UP minister Gayatri worth Rs 36.94 cr

The Enforcement Directorate on Thursday said it has attached properties of Gayatri Prajapati and his family members, to the tune of Rs 36.94 crore, under the Prevention of Money Laundering Act

Chidambaram asking INX to help Karti important step in money laundering: ED

Karti used to consult his father regarding matters related to a company "beneficially owned" by him in the past