Ranchi, July 13 (IANS) The ED attached immovable properties valued at Rs 3.87 crore of a construction company and its associates in connection with alleged extortion by the Maoists and related money laundering, an official said on Monday. The assets were attached by the Directorate of Enforcement (ED), Ranchi Zonal Office, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, against Santosh Construction and its associates, the ED official said in a statement.Those named b…
Latest Proceeds of Crime News & Updates
Lucknow, July 9 (IANS) The ED searched 11 premises in Jhansi, Lucknow and other places in Uttar Pradesh and recovered incriminating documents and records of suspected benami properties linked to a former MLA allegedly involved in 60 criminal cases, an official said on Thursday. The Directorate of Enforcement (ED), Allahabad Sub Zonal Office, conducted the search operations on Wednesday at 11 locations as part of an investigation under the provisions of the Prevention of Money Laundering Act (PML…
New Delhi, June 30 (IANS) The ED issued provisional attachment order against a cricket academy, hotels and resorts and the underlying land in a Bhopal village – collectively worth Rs 22.46 crore – in a case related to former bureaucrat couple of Late Arvind Joshi and Tinoo Joshi, an official said on Tuesday. The Enforcement Directorate (ED), Bhopal Zonal Office, issued the Provisional Attachment Order against the cricket academy and hotels, along with the land situated at Village Semri Bajyafa…
Shillong, June 24 (IANS) The Directorate of Enforcement’s (ED) Shillong Sub-Zonal Office has provisionally attached an immovable property worth Rs 40 lakh under the Prevention of Money Laundering Act (PMLA) in connection with the alleged misappropriation of development funds of the Garo Hills Autonomous District Council (GHADC) in Meghalaya, an official statement said on Wednesday.The attached property is in the name of Ismail R. Marak, former Member of the District Council (MDC) for the Asanang…
New Delhi, June 24 (IANS) The Delhi High Court on Wednesday deferred the hearing on an interim bail plea filed by Al-Falah Trust money laundering case accused Jawad Ahmad Siddiqui after the Enforcement Directorate (ED) placed its status report on record. The matter came up before Justice Vinod Kumar, who posted the case for further hearing on July 8.Siddiqui has sought six weeks’ interim bail on the ground that his wife, Usma Akhtar, is undergoing treatment for cancer and requires his care and s…
Gurugram, June 18 (IANS) In cases related to the SRS Group, the PMLA Special Judge at Gurugram has ordered restitution of immovable properties valued at Rs 281.85 crore to 12 genuine home buyers, the Enforcement Directorate (ED) said on Thursday. The move to restore the Proceeds of Crime (PoC) to the rightful claimants follows the Special Judge’s separate orders dated May 19, June 4 and June 11, the ED said in a statement.The Special Judge also directed the distribution of a share of the PoC to …
Chandigarh, June 11 (IANS) The ED arrested a former senior official of Haryana government in connection with an ongoing investigation into the Rs 645 crore IDFC Bank fraud under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, an official said on Thursday.The Directorate of Enforcement (ED), Chandigarh Zonal Office, arrested Naresh Kumar, the then superintendent in the office of Director, Development and Panchayat, on Wednesday, the official said in a statement.Investigatio…
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 …
Hyderabad, June 3 (IANS) The Directorate of Enforcement (ED), Hyderabad Zonal Office, has arrested one Nazneen Ansari alias Abeeda in the case of Heera Group and others, involving defrauding investors. The Central agency said in a release on Wednesday that she was arrested on Tuesday under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002.ED initiated an investigation based on multiple FIRs registered by Telangana Police and Andhra Pradesh Police against Nowhera Shaik, Heera Grou…
Bhopal, June 2 (IANS) The Enforcement Directorate (ED)’s Bhopal Zonal Office on Tuesday provisionally attached movable and immovable properties valued at nearly Rs 18.20 crore belonging to Dharmendra Singh Bhadauria, former District Excise Officer of Madhya Pradesh’s Alirajpur, and his family members. The action was taken under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, following allegations of disproportionate assets.The investigation was initiated on the basis of an…