New Delhi, July 27 (IANS) The Delhi High Court on Monday granted Congress Parliamentary Party Chairperson Sonia Gandhi, Leader of Opposition in the Lok Sabha Rahul Gandhi and other respondents three weeks to file their replies on the Enforcement Directorate’s (ED) criminal revision petition challenging a trial court order refusing to take cognisance of its prosecution complaint in the alleged National Herald money laundering case. A single-judge Bench of Justice Manoj Jain granted time to the re…
Latest Prevention of Money Laundering Act News & Updates
Raipur, July 27 (IANS) The Directorate of Enforcement’s (ED) Raipur Zonal Office has arrested the Chhattisgarh Public Service Commission’s (CGPSC) former Chairman Taman Singh Sonwani in a case involving corruption, question-paper leak and manipulation of the CGPSC State Service Examinations under the Prevention of Money Laundering Act (PMLA), 2002, an agency release said.Sonwani was arrested on July 25 under Section 19 of the PMLA and produced before the Special Court (PMLA), Raipur. The court s…
Indore, July 27 (IANS) The Directorate of Enforcement (ED), Indore Sub-Zonal Office, has filed a detailed chargesheet spanning over 20,000 pages under the Prevention of Money Laundering Act (PMLA), 2002, before the Special Court (PMLA) here against 32 accused persons in the Indore Municipal Corporation (IMC) fake bill scam. The accused include contractor beneficiaries, officials of the Indore Municipal Corporation, officials of the local fund audit/resident audit office, and other private person…
Lucknow, July 25 (IANS) The Enforcement Directorate (ED) has carried out search operations at ten premises located in Delhi, Uttar Pradesh and Punjab in connection with an alleged bank loan diversion and money-laundering case involving M/s Santosh Overseas Ltd (SOL), officials said on Saturday. The searches were conducted by the Lucknow Zonal Office under Section 17 of the Prevention of Money Laundering Act (PMLA), 2002, at premises linked to the company’s promoters, associated companies, facili…
Mumbai, July 25 (IANS) The Enforcement Directorate (ED) conducted search operations at various premises in Mumbai, Pune and Bengaluru in a case involving online gaming and betting platform, “All Panel Exchange” and seized incriminating documents and digital devices, an official said on Saturday. The ED’s Mumbai Zonal Office conducted the search operations under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, and froze various bank accounts related to multiple such entities…
Bengaluru, July 25 (IANS) The Enforcement Directorate (ED)’s Bengaluru Zonal Office on Saturday filed a chargesheet under the Prevention of Money Laundering Act (PMLA), 2002, against online gaming firms Gameskraft Technologies and RummyTime Technologies Private Limited, along with their founders and directors, for allegedly cheating users of real-money rummy platforms and laundering proceeds of crime amounting to nearly Rs 19,984 crore. The complaint was filed before the Special Court in Bengalu…
Mumbai, July 25 (IANS) The Directorate of Enforcement (ED), Mumbai Zonal Office, has issued a Provisional Attachment Order in the case of Prabhudas Virchand Lotia and others, attaching two immovable properties, including a Bandra Hotel, having an aggregate value of approximately Rs 332.24 crore, an official said on Saturday. The attached properties include Hotel Rangsharda situated at Bandra, Mumbai, and a land parcel located at Prabhadevi, Mumbai, which are under the possession and control of R…
Indore, July 25 (IANS) The Enforcement Directorate (ED) has provisionally attached nine immovable properties valued at Rs 3.48 crore in connection with the Indore Municipal Corporation (IMC) fake bill scam. The action was taken by the Indore Sub‑Zonal Office under the Prevention of Money Laundering Act (PMLA), 2002, as part of an ongoing probe. The attached assets include residential houses and flats, residential plots, commercial shops and agricultural land located in Indore and Dhar district…
Thiruvananthapuram, July 25 (IANS) Leader of the Opposition in Kerala Assembly, Pinarayi Vijayan, on Saturday strongly rejected reports claiming that Sasidharan Kartha, Managing Director of Cochin Minerals and Rutile Ltd (CMRL), had told the Enforcement Directorate (ED) that payments made to his daughter T. Veena’s firm, Exalogic Solutions, were linked to his personal proximity to the Chief Minister.Vijayan dismissed the allegation as a “media creation” and challenged those making the claim …
Kochi, July 25 (IANS) The Enforcement Directorate’s (ED) money laundering probe into the CMRL–Exalogic monthly payment case has entered a decisive phase, with former Chief Minister and Leader of the Opposition Pinarayi Vijayan and his daughter Veena T facing mounting legal pressure following crucial statements made by CMRL Managing Director Sasidharan Kartha.The ED is preparing to take the investigation to its next stage, with indications that Veena could soon be arraigned as an accused under …