Unaccounted cash of Rs 20 crore directly related to D K Shivakumar says probe

dks1New Delhi, Sep 20: Karnataka minister and Congress strongman, D K Shivakumar finds himself in the dock after the Enforcement Directorate registered a money laundering case against him. The case in question pertains to alleged tax evasion and hawala transactions.

Read more

Advertisements

D K Shivakumar set up extensive network to transport, utilise unaccounted cash: ED

dkshivkumarBengaluru, Sep 19: The Enforcement Directorate (ED) has registered a money laundering case against Karnataka minister D K Shivakumar and few others on the basis of an alleged tax evasion and hawala transactions case, officials said.

Read more

ED attaches 8,000 US dollars meant for recruiting Lashkar operatives

New Delhi, July 28: The Enforcement Directorate has attached foreign currency worth US dollars 8,000 which was recovered from a terrorist of the Lashkar-e-Tayiba. The recovery was made under the provisions of the Prevention of Money Laundering Act.

Read more

What the enforcement order in the Mallya asset case means to Indian banks

mallya2New Delhi, July 6: The Indian banks scored a major victory after a UK High Court judge issued an enforcement order permitting a consortium of 13 banks to recover funds owned to them by former liquor baron, Vijay Mallya.

Read more

Aircel-Maxis: SC allows govt to probe serious charges against ED official

The Supreme Court has allowed the government to probe the serious charges Rajeshwar Singh, an officer with the Enforcement Directorate, probing the 2G and Aircel-Maxis case.

Read more 

Terror funding: Kashmir separatists set to face, ED, NIA heat

EDWith the imposition of Governor’s rule in Jammu and Kashmir, the government is expected to tighten the noose around Kashmiri separatist leaders who were allegedly involved in terror funding and money laundering, officials said on Monday.

Read more 

Mallya to become first test case for new Fugitive Economic Offenders law

Absconding former liquor baron, Vijay Mallya will become the first test case for the new Fugitive Economic Offenders Act. The Enforcement Directorate will move the designated court seeking to declare Mallya as a fugitive.

Read more

Karti transferred money and invested it abroad, ED tells court

kartichidambaramThe Enforcement Directorate has told a Delhi court that it is investigating the transfer of Rs 32.91 crore by Karti P Chidambaram’s firm to a Singapore-based company and another investment of Rs 15.79 crore with erstwhile French tennis player Jean-Francois Caujolle.

Read more

What transpired at the 6 hour questioning of Chidambaram by the ED

chidambaramFormer finance minister P Chidambaram was on Tuesday questioned for over six hours by the Enforcement Directorate (ED) during his second round of appearance in the Aircel-Maxis money laundering case, even as he reiterated that there was no offence committed.

Read more 

PNB: ED provisionally attaches Modi’s property worth Rs 170 crore

niravmodiIn a major move the Enforcement Directorate has provisionally attached assets worth nearly Rs 170 crore belonging to Nirav Modi in connection with the PNB fraud case. The action was taken under the provisions of the Prevention of Money Laundering Act. This action would now have to be confirmed by the adjudicating authority.

Read more