Bhopal, June 11 (IANS) The Directorate of Enforcement (ED), Bhopal Zonal Office, has provisionally attached movable properties worth approximately Rs 3.01 crore belonging to Anil Kumar Jain, former Assistant General Manager (AGM) of the State Bank of India (SBI), who was posted at the Local Head Office (LHO), Bhopal.The attachment was made under the Prevention of Money Laundering Act (PMLA), 2002, on June 10, 2026, an ED statement issued on Thursday said.The action stems from a First Information…
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New Delhi, June 11 (IANS) Supreme Court judge, Justice Prashant Kumar Mishra, on Thursday recused himself from hearing Bollywood actor Jacqueline Fernandez’s plea challenging a Delhi court order framing charges against her in the Rs 200 crore money laundering case linked to alleged conman Sukesh Chandrashekhar.A bench of Justices P.K. Mishra and Atul S. Chandurkar was hearing the matter when Justice Mishra informed the parties that he would not be able to hear the case due to his son’s appeara…
Mumbai, June 10 (IANS) The Directorate of Enforcement (ED) has provisionally attached a prime Arabian Sea-facing property in Maharashtra’s Raigad district, valued at more than Rs 60 crore. The attachment was carried out by the ED’s Indore Zonal Office under the provisions of the Prevention of Money Laundering Act (PMLA) as part of its ongoing probe into the alleged Rs 1,400-crore bank fraud involving S. Kumars Nationwide Limited (SKNL), an official statement said on Wednesday.The property, locat…
Agartala/Aizawl, June 9 (IANS) The Enforcement Directorate (ED) conducted searches at multiple locations in West Bengal, Tripura and Mizoram in connection with an ongoing money laundering investigation arising out of a major cross-border drug-trafficking case involving proceeds of crime in excess of Rs 142 crore, the central probe agency said on Tuesday. The ED, Aizawl Sub-Zonal Office, conducted search operations under the Prevention of Money Laundering Act (PMLA), 2002, on Monday at four locat…
New Delhi, June 9 (IANS) In a big relief to duped investors in the PACL (Pearl Agrotech Corporation Limited) case, a Special Court (PMLA) court gave the nod to the ED for the restitution of 282 immovable properties worth Rs 9,420.57 crore, and refund the money to the victims of the ponzi scheme, an official said on Tuesday. The attached properties will be handed over by the ED to the Justice Lodha Committee for further distribution of the sale proceeds among the victim investors.This action has …
New Delhi, June 9 (IANS) As part of the ongoing money laundering investigation involving Jaypee Infratech, the ED attached immovable assets worth Rs 100 crore belonging to two companies, an official said on Tuesday. The Directorate of Enforcement (ED), Delhi Zonal Office, provisionally attached immovable assets belonging to JC World Hospitality and Investors Clinic Infratech, valued at Rs 40 crore and Rs 60 crore, respectively, according to an official statement.The attachment was done under the…
Jaipur, June 8 (IANS) The Directorate of Enforcement (ED), Jaipur Zonal Office, has conducted search operations at seven locations across Kishangarh (Ajmer), Nagaur, Jodhpur and Ludhiana (Punjab) in connection with a major cyber fraud and money laundering case.The searches were carried out on June 5 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.The case involves Indian mobile numbers that were allegedly obtained through fraudulent means by Point of Sale (POS) vendor…
Ranchi, June 8 (IANS) Jharkhand Chief Minister Hemant Soren suffered a major legal setback on Monday after a special court hearing cases under the Prevention of Money Laundering Act (PMLA) rejected his discharge petition in a case linked to 8.86 acres of land in Ranchi’s Badgai area.The PMLA special court had reserved its order earlier after hearing arguments from both sides.On Monday, the court ruled that at this stage there are sufficient grounds based on available records and allegations to…
Agartala/Aizawl, June 8 (IANS) The Enforcement Directorate (ED) on Monday conducted searches at multiple locations in West Bengal, Tripura and Mizoram as part of its investigation into a cross-border drug trafficking and money laundering network involving proceeds of crime estimated at more than Rs 142 crore, official sources said.Sources said that the ED’s Aizawl Sub-Zonal Office carried out search operations under the Prevention of Money Laundering Act (PMLA), 2002, at four locations spanning …
Kochi, June 5 (IANS) The Kerala High Court has cleared the way for the Enforcement Directorate (ED) to proceed with its investigation into Cochin Minerals and Rutile Limited (CMRL), rejecting the company’s plea to quash the probe. The development comes at a crucial stage with ED Director Rahul Navin reaching Kochi and preparing to hold a high-level meeting with senior officials.A Division Bench comprising Justices Raja Vijayaraghavan V. and K.V. Jayakumar on Friday dismissed an appeal filed by…