PFI booked: ED files prima facie evidence of money laundering

The Enforcement Directorate has found prima facie evidence to suggest that the Popular Front of India was involved in money laundering. Based on a case registered by the National Investigation Agency, the ED filed a case under the Prevention of Money Laundering Act against the PFI, which has a strong presence in Kerala and Karnataka.

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PNB scam: ED arrests close aide of Nirav Modi on money laundering charges

The Enforcement Directorate which is probing the PNB scam amounting to over Rs 12,000 crore has arrested a close aide of Nirav Modi, the prime accused in the case.

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Chidambaram pushed 80:20 gold scheme despite DRI warning on black money and laundering

Former Union Minister, P Chidambaram would find himself in a spot of bother after the Public Accounts Sub Committee sought a CBI probe against him for the controversial 80:20 gold import scheme. The PAC has alleged that Chidambaram had ignored objections of the Department of Revenue Intelligence.

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Lashkar operative convicted for terror financing, money laundering

A terrorist of the Lashkar-e-Tayiba has been sentenced to 7 years in jail by a court after being found guilty of money laundering.

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Mid-air forex smuggling: How the trap was set and operation carried out

devshiA few years back a Ghana Airways flight was raided by New York customs officials on the tarmac. Three flight attendants were apprehended with 45,000 US dollars and booked under provisions of money laundering.

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Mallya laundered Rs 500 crore says ED

Vijay Mallya--621x414Rs 500 crore of the Rs 900 crore loan taken from the IDBI bank by former liquor baron Vijay Mallya had been laundered the Enforcement Directorate has said. This was stated in the affidavit filed by the ED in the UK before the Crown Prosecution Service.

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Kashmir separatist Shabir Shah sent to JC in money laundering case

shabbirshahKashmir separatist, Shabir Shah accused in a money laundering case has been sent to judicial custody, Additional Sessions Judge Sidharth Sharma sent the accused to jail after the Enforcement Directorate (ED) submitted that he was not required for further custodial interrogation.

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Mysuru court convicts Pakistani terrorist

terroristA terrorist from Pakistan was convicted under the provisions of the Prevention of Money Laundering Act in Mysuru. The Principal City Civil and Sessions court, Mysuru sentenced Mohammed Fahad Hai to seven years rigorous imprisonment and slapped a fine of Rs 10,000.

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7 Hurriyat leaders arrested for money laundering by NIA

arrestThe National Investigation Agency has arrested 7 Hurriyat leaders in connection with a money laundering case. The NIA has arrested Nayeem Khan, Bitta Karate, Altaf Fantosh among others. The NIA had expressed its inability to interrogate these persons as they were in preventive custody. The NIA had made a formal request to arrest these persons for questioning.

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Money laundering: CBI team at Delhi Minister, Satyendra Jain’s residence

sateyneA CBI team has arrived at the residence of Delhi health minister Satyendra Jain in connection with an alleged money laundering case. The CBI is questioning the minister’s wife.

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