New Delhi, March 12 (IANS) The Delhi High Court, on Thursday, issued notice to the Al-Falah University Group Chairman Jawad Ahmad Siddiqui on a plea filed by the Enforcement Directorate (ED) challenging a trial court order granting him interim bail in a money laundering case linked to the Red Fort blast investigation. After hearing submissions from the ED, a single-judge bench of Justice Saurabh Banerjee directed Siddiqui to file his response with the federal anti-money laundering agency’s petit…
Latest Financial Irregularities News & Updates
Bengaluru/Mysuru, March 10 (IANS) Karnataka BJP MLA T.S. Srivatsa, representing Krishnaraja constituency in Mysuru, has demanded a comprehensive investigation into the alleged irregularities in the registration and subsequent cancellation of 24 acres and 10 guntas of land in Survey No. 4 of Kurubarahalli village in Mysuru, claiming that the matter could involve a scam worth nearly Rs 900 crore. Speaking to reporters in Mysuru on Tuesday, MLA Srivatsa questioned how government land was registered…
Chennai, March 5 (IANS) The Enforcement Directorate (ED) has conducted coordinated search operations at multiple locations in Mumbai and Chennai in connection with an alleged investor fraud involving M/s Atum Capital Pvt Ltd and its associated entities.The searches were carried out on February 27 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, as part of an ongoing investigation into suspected financial irregularities and diversion of investor funds, the ED said in a…
Kolkata, Feb 16 (IANS) The trial process against Sandip Ghosh, the former and controversial principal of state-run R. G. Kar Medical College and Hospital in Kolkata, in connection with his alleged involvement in the multi-crore R. G. Kar financial irregularities case, could not begin at a special court under the Prevention of Money Laundering Act (PMLA) in Kolkata on Monday.Despite the Enforcement Directorate (ED) filing its first chargesheet in the matter at the special PMLA court on February 6…
Hyderabad, Jan 27 (IANS) Telangana’s main opposition party BRS on Tuesday sought Governor Jishnu Dev Varma’s intervention for a probe by CBI or a sitting judge into the alleged corruption and financial irregularities in the Singareni Collieries Company Limited (SCCL).A delegation of Bharat Rashtra Samithi (BRS) led by party working president K. T. Rama Rao met the Governor and submitted a representation highlighting alleged irregularities related to tender, procurement, policy, and CSR funds…
Thiruvananthapuram, Jan 23 (IANS) Kerala politics on Friday was jolted by explosive revelations made by senior CPI-M leader and Kannur district committee V. Kunjikrishnan, alleging large-scale financial irregularities within the party, leading to the opposition latching on to attack the ruling dispensation.Kunjikrishnan alleged that Payyannur MLA T.I. Madhusoodanan and his group misappropriated more than Rs one crore, including funds from the party’s martyrs’ fund.According to him, manipulat…
New Delhi, Jan 23 (IANS) The Supreme Court on Friday sought sealed-cover status reports from the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) on their ongoing probes into alleged large-scale bank frauds linked to Reliance Communications Ltd (RCOM), its group companies, and promoter Anil Ambani. A Bench of Chief Justice of India (CJI) Surya Kant and Justice Joymalya Bagchi directed the two Central agencies to apprise the top court of the progress made in the investig…
Panaji, Jan 23 (IANS) The Enforcement Directorate (ED) on Friday conducted extensive search operations at eight locations in Delhi and Goa linked to the Luthra brothers — Saurabh and Gaurav — following their arrest in connection with the December 6 nightclub fire that killed 25 people.Agency sources confirmed that the raids target financial irregularities and suspected money laundering activities tied to the management of the nightclub. “Teams are currently examining digital evidence and finan…