New Delhi, Mar 09: Had it not been for the quick thinking of the agencies, Yes Bank promoter would have never returned to India and would have joined the list of fugitive economic offenders like Vijay Mallya and Nirav Modi.
Kapoor while in London was told by the Reserve Bank of India that the failed attempts to attract new investors could mean him returning to the bank that he had co-founded in 2004.
Mumbai, Mar 09: Yes Bank promoter Rana Kapoor’s secretary had coordinated with officials of the DHFL for a Rs 600 crore loan. This submission was made by the Enforcement Directorate before a court on Sunday.
ED sources tell OneIndia that Kapoor had misused his position in Yes Bank in several other cases and had received over Rs 2,000 crore in kickbacks for his company.
New Delhi, Mar 06: The cyber cell of the Delhi police has arrested three persons part of a Pakistan based gang in connection with a Kaun Banega Crorepati scam.
The trio are accused of cheating people from across the country. They would sell a fake lottery relating to the Kaun Banega Crorepati and dupe people. They are accused of duping 100s of people across the nation, the Delhi police said.
New Delhi, Mar 05: Investigators are looking at the role played by some former District Magistrates who had allegedly issued back dated licences. The move comes following the arrest of IAS officer, Rajeev Ranjan in connection with one of the country’s biggest gun licence scam.
It may be recalled that in 2017, the Ministry of Home Affairs had said that during the last 15 years, DM’s serving in different districts of Jammu and Kashmir had issued 3,69,191 gun licences.
New Delhi, Sep 13: The Interpol has issued an arrest warrant against Nehal Modi, the brother of Nirav Modi in connection with the PNB fraud case. The warrant was issued following a request made by the Enforcement Directorate (ED).
This comes in the backdrop of the ED approaching a Mumbai court to extradite Nehal, the brother of Nirav Modi, the main accused in the Rs 1,400 crore fraud case. The ED accused Nehal of money laundering and destruction of evidence.
Bengaluru, June 29: The Enforcement Directorate has provisionally attached immovable properties worth Rs. 197 Crore, Rs. 98 lakh from 51 Bank accounts and Rs. 11 Crore from HDFC Bank held in the Pradhan Mantri Garib Kalyan Deposit Scheme in connection with a Ponzi scam.
Based on an FIR registered by the Bengaluru Police against IMA Group of Companies, Bengaluru (IMA Group) and its Managing Director Mohammed Mansoor Khan, the Directorate of Enforcement (ED) initiated investigations under PMLA.
New Delhi, Apr 05:The AP in the notes prepared by alleged AgustaWestland middleman James Christian Michel means Ahmed Patel, the Enforcement Directorate (ED) has said in an explosive chargesheet.
The recipients of the kickback include several categories of persons namely Air Force officials, bureaucrats including defence ministry officials and top political leaders of the then ruling party. As per Christian Michel James, ‘AP’ means Ahmed Patel and ‘Fam’ means Family,” the ED said.
New Delhi, Mar 21: There are three Indian agencies working in tandem to bring back fugitive businessman, Nirav Modi from the United Kingdom.
The Central Bureau of Investigation, Enforcement Directorate and the Income Tax department are working in tandem to bring Modi back to India. Similar efforts are on to bring back Nirav Modi’s uncle Mehul Choksi as well. Both are accused in the Rs 13,500 crore PNB scam.