New Delhi, June 5 (IANS) Quick-commerce platform Zepto on Friday said it has fully cooperated with the Enforcement Directorate (ED) and provided all information sought by the agency in connection with its investigation into the alleged promotion of offshore betting platform Parimatch in India, while asserting that it had no direct relationship with the advertiser under scrutiny.In a statement, a Zepto spokesperson said the company had fully cooperated with the ED and shared all information avail…
Latest ED News & Updates
New Delhi, June 3 (IANS) The Reserve Bank of India (RBI) has issued a compounding order under Section 15 of the Foreign Exchange Management Act, 1999 (FEMA), in the case of Jusda India Supply Chain Management Private Limited with a one-time payment of Rs 12,52,984. This has resulted in the termination of proceedings against the company for compounded contraventions of provisions of FEMA, 1999, according to a statement issued by the Enforcement Directorate (ED) on Wednesday.The order has been pas…
Thiruvananthapuram, May 30 (IANS) BJP leader Shaun George has approached the Enforcement Directorate (ED) seeking an investigation into alleged overseas financial transactions linked to the CMRL–Exalogic monthly payment case, claiming that funds received by Exalogic Solutions may have been routed through foreign bank accounts. In a letter to the central agency, Shaun George alleged that funds received by Exalogic Solutions from its transactions with Cochin Minerals and Rutile Ltd. (CMRL) were …
Thiruvananthapuram, May 29 (IANS) Kerala politics is witnessing a dramatic political turnaround that many within the CPI(M) are already describing as a rare moment of political poetic justice.The decision to restore the party membership of Bineesh Kodiyeri, son of former CPI(M) state secretary Kodiyeri Balakrishnan, after three years of political exile has exposed the rapidly changing power equations inside the party, especially in the backdrop of the Enforcement Directorate (ED) tightening its …
Kolkata, May 28 (IANS) Former Kolkata Police Deputy Commissioner (DC) Shantanu Sinha Biswas and real estate developer Biswajit Poddar alias Sona Pappu were produced before the Bankshall court on Thursday as the ED custody period expired. Shantanu’s lawyer requested the judge to grant his client the status of a ‘Grade One’ prisoner.Shantanu’s lawyer said on Thursday, “Shantanu has a threat to his life. My client has conducted important investigations in several police stations. Several accu…
Thiruvananthapuram, May 27 (IANS) Tension flared outside the rented residence of veteran CPI-M leader and former Kerala Chief Minister Pinarayi Vijayan, in the wake of the Enforcement Department raids on Wednesday, as angry party workers allegedly attacked vehicles carrying agency officials soon after the searches ended.Three vehicles accompanying the ED team were damaged in the violence, while central security personnel, drivers and a few police officials sustained injuries as protesters went o…
Kolkata, May 16 (IANS) The West Bengal government had terminated the services of Kolkata Police Deputy Commissioner, Shantanu Sinha Biswas, who was arrested by officials of the Enforcement Directorate (ED).The action was in connection with a couple of money laundering-cum-land-linked syndicate cases involving a notorious and currently absconding history-sheeter.Despite attaining the official retirement age of 60, Biswas was retained under extension for two years by the previous Mamata Banerjee-l…
New Delhi, May 11 (IANS) The Supreme Court on Monday granted bail to former Jharkhand Rural Development Minister and Congress leader Alamgir Alam and his private secretary Sanjeev Lal in a money laundering case linked to the alleged tender commission scam being probed by the Enforcement Directorate (ED).A Bench of Justices M.M. Sundresh and N. Kotiswar Singh ordered their conditional release after hearing special leave petitions (SLPs) challenging the Jharkhand High Court’s order refusing bail…
Chandigarh, May 11 (IANS) Criticising the attack and unruly behaviour by AAP workers at BJP offices in Punjab, and accusing the police of acting under political pressure while facilitating hooliganism against party workers, BJP working chief Ashwani Sharma on Sunday warned that they would not tolerate political intimidation or the misuse of police machinery. Accompanying state media head Vineet Joshi, Sharma launched a sharp attack on the Aam Aadmi Party government, accusing it of misusing state…
New Delhi, May 9 (IANS) Delhi BJP president Virendra Sachdeva on Saturday condemned AAP National Convenor Arvind Kejriwal for holding a press conference and describing the ED raid on Punjab AAP President and state minister Sanjeev Arora as a political conspiracy. The Delhi BJP president stated that during the press conference, Kejriwal appeared visibly nervous, clearly indicating that he knows the ED investigation involving Sanjeev Arora could eventually reach him as well, since he appears to…