Page 32 - Money Laundering

Bank fraud case: ED attaches media group's assets worth over Rs 124 crore

The group companies "fraudulently" availed loans to the tune of Rs 2,600 crore from banks

DHFL scam: ED probing money laundering of Rs 4,122 crore EPF corpus

While Rs 4,122 cr was parked with DHFL between March 2017 and Dec 2018, some Rs 2,267 crore is outstanding with the firm, which has been barred by Bombay HC from making fresh repayments

Malvinder Singh arrested in another case of funds misappropriation

Singh is already in judicial custody in another case

Hong Kong police freeze HK$70 million from fund to support protests

Police said some of the donations were allegedly used by the fund owners for other investments

Money laundering probe: ED files first charge sheet against Iqbal Mirchi

The charge sheet names 16 people including Dheeraj Wadhawan of DHFL

ED attaches Rs 34-cr assets of Gujarat company for 'money laundering'

Probe revealed that the accused had "misappropriated" funds to the tune of about Rs 250 crore by preparing bogus bills and invoices during 2007-2009, the ED said in a statement

Europol cracks down on money laundering, arrests 200 in 13 countries

The swoop by law enforcement authorities in European countries, as well as Australia and the United States took place between September and November

13 convicted for money-laundering till now since 2005: Anurag Thakur in LS

The minister also informed the House that a total of 757 criminal cases were registered by the ED in the last five years (from 2015 to October 31 this year) under the PMLA

INX Media case: SC verdict on Chidambaram's bail plea on Wednesday

The ED had arrested him on October 16 in the money laundering case

Ratul Puri granted bail in AgustaWestland money laundering case

Special Judge Arvind Kumar granted bail to Puri on a personal bond of Rs 5 lakh and two sureties of like amount

Bank loan fraud: Ex-Bhushan Power CMD Sanjay Singhal arrested by ED

According to ED officials, Singhal was arrested under the Prevention of Money Laundering Act (PMLA) after he was questioned for several hours in the evening in connection with the case

UK's Crime Agency arrests 5 Indians among 10 people for laundering money

Examinations of their travel history suggests the group transported more than GBP 14 million in 2017 and 2018 alone, the NCA notes.

Electoral bonds govt's instruments of 'opaque money laundering': Congress

"RTI reveals how 'electoral bonds' became instruments of anonymous donations bordering on opaque 'money laundering'," Surjewala said in a tweet.

Australia's Westpac slapped with 23 million money laundering breaches

The regulator is pursuing fines of up to $14 million for every transaction Westpac failed to monitor adequately or report on time

Australia's Westpac slapped with 23 million money laundering breaches

The regulator is pursuing fines of up to $14 million for every transaction Westpac failed to monitor adequately or report on time

INX media case: ED says Chidambaram threatened witnesses, opposes bail plea

The senior Congress leader has sought bail, saying as the evidence is documentary and in the custody of probe agencies, he cannot tamper them.

Iqbal Mirchi money-laundering case: ED files reply on Bindra's bail plea

Besides Bindra, the ED has so far arrested Haroun Aleem Yusuf, Humayun Merchant and Rinku Deshpande

INX Media case: Chidambaram files rejoinder in Delhi HC as ED opposes bail

The ED said that the grant of bail to him by the court would go against its zero-tolerance policy against corruption and set a wrong precedent for corruption cases.

India, US commit to increasing cooperation for money-laundering cases

The two countries also re-affirmed their commitment to greater economic cooperation on global economic issues

Explained: Are Enforcement Directorate's seizures harming the economy?

ED's move could stall the resolution process, prevent banks from recovering their pending dues