Page 29 - Money Laundering

Mufti appears before ED in Srinagar over link with money laundering case

PDP president Mehbooba Mufti on Thursday appeared before the Enforcement Directorate (ED) in connection with a money laundering case, officials said

INX Media: ED charges Chidambaram, others with money laundering of Rs 65 cr

ED chargesheet revealed that Rs 65 crore worth of properties involved in money laundering by Advantage Strategic Consultancy Pvt Limited (ASCPL).

Britain's NatWest bank faces money laundering charges, rise in costs

The action is the first such case against a British bank under a 2007 money laundering law

No adverse findings so far: Franklin Templeton MF on money laundering

The fund house had shuttered its six debt schemes in April last year due to the severe market dislocation and illiquidity caused by the Covid-19 pandemic

ED arrests actor-businessman Sachin Joshi in money laundering case

Joshi is an actor-producer hailing from a family having gutka manufacturing business

Yes Bank case: ED raids Mumbai builder group in money laundering case

The action is being carried out under the Prevention of Money Laundering Act (PMLA) and the raids are aimed to gather more evidence, they said

2 Chinese nationals held in money laundering case, sent to 14-day ED remand

The Enforcement Directorate has arrested two Chinese nationals in connection with its money laundering probe that it registered last year in August

India is at forefront of fighting money laundering, says Suresh Prabhu

Addressing a virtual ''AML/CFT Conference 2020'', Prabhu said that criminally-minded people use terrorism, and by and large, the kind of terrorism the world is facing is motivated by ideology

PMC Bank fraud: ED summons Sanjay Raut's wife for questioning on Dec 29

The ED has summoned Varsha Raut, wife of Shiv Sena MP Sanjay Raut, for questioning in the PMC Bank money laundering case on December 29, officials said on Sunday

US Fed orders Credit Suisse to strengthen anti-money laundering policies

The order directs the bank to adopt a formal plan to overhaul its policies within 90 days to ensure it is appropriately monitoring for illicit activity

Rs 9.6 mn penalty on PayPal for violating anti-money laundering processes

The penalty was issued by India's Financial Intelligence Unit (FIU)

Court refuses to cancel NBWs against business tycoon Shravan Gupta

The court dismissed Gupta's application seeking cancellation of the NBWs, saying it was 'without any merit'

BTC-e cryptocurrency founder given a 5-yr prison term for laundering funds

Alexander Vinnik was arrested in July 2017 while vacationing in a summer resort in northern Greece.

Vijay Mallya's property in France worth Rs 14 crore seized, says ED

Investigations under the Prevention of Money Laundering Act revealed that a large amount was remitted abroad from the bank account of Kingfisher Airlines for creation of the asset.

ED asks court to deem Iqbal Mirchi's family as fugitive economic offenders

Mirchi, his family and others are being probed by the ED under the criminal sections of the Prevention of Money Laundering Act (PMLA).

DRI to discuss trade-based money laundering with global peers on Friday

Global representatives would include those from the Australian Border Force and customs administration of the Netherlands, the finance ministry said

ED raids PFI chairman, locations in 9 states in money laundering case

The ED on Thursday raided at least 26 premises in nine states linked to the Popular Front of India (PFI).

YES Bank money-laundering case: ED arrests Cox & Kings promoter Kerkar

The Enforcement Directorate will produce Kerkar in the Mumbai sessions court on Friday

ED arrests close aide of Shiv Sena MLA Sarnaik in money laundering case

The Enforcement Directorate (ED) has arrested a close aide of Shiv Sena MLA Pratap Sarnaik named Amit Chandole, in an alleged money laundering case related to private company Tops Security

ED raids premises of Shiv Sena MLA's son in money laundering case

The Enforcement Directorate (ED) on Tuesday carried put searches at over 10 locations in Maharashtra on Tops Group promoters and related members, including some politicians, officials said