How Indian agencies ensured Rana Kapoor did not join the lines of Vijay Mallya, Nirav Modi

rana-kapoorNew 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.

Read more

ED arrests Yes Bank promoter Rana Kapoor

rana-kapoorMumbai, Mar 08: The Enforcement Directorate has arrested Yes Bank promoter, Rana Kapoor in connection with a money laundering case. The case is related to the Dewan Housing Finance Corporation Ltd.

Read more

Raids on as ED files money laundering case against Jet founder Naresh Goyal

nareshgoyalNew Delhi, Mar 05: The Enforcement Directorate has slapped a case under the Prevention of Money Laundering Act (PMLA) against Jet Airways founder, Naresh Goyal. This is the first time that Goyal has been booked for money laundering.

The case comes in the wake of the Mumbai police filing an FIR abasing Goyal based on a complaint by a travel agency. ED sources tell OneIndia that the probe has revealed money laundering. However in the absence of a predicate offence it was not in a position to register a case under the PMLA.

Read more

ED set to quiz Farooq Abdullah in money laundering case again

farooqabdullah

New Delhi, Aug 19: The Enforcement Directorate (ED) has decided to question, former Jammu and Kashmir chief minister, Farooq Abdullah in connection with the alleged financial irregularities in the cricket association case.

Read more

Dubious transfers of Rs 64.86 crore get mention in ED chargesheet against Zakir Naik

New Delhi, May 03: The Enforcement Directorate has identified properties belonging to Zakir Nail in Dubai and London. In its chargesheet, the ED has said that it attached properties that included investment in mutual funds, the Islamic International School building in Chennai, three godowns, land in Pune and Mumbai and two buildings.

Read more

Separatist Shabir Shah used JeM terrorist to collect money handed out by Pakistan

shabbirshahNew Delhi, Mar 30: From attaching a house belonging to Kashmir separatist, Shabir Shah to imposing penalty on hawala operatives, the Enforcement Directorate continued its action in the terror funding case.
The Enforcement Directorate has identified several properties in Delhi and 30 in Jammu and Kashmir, which belong to the separatists. On Friday, the ED attached a property in Srinagar linked to separatist, Shabir Shah in connection with a 14 year old terror funding and money laundering case.

Read more

Suspected Lashkar member charged in money laundering case

New Delhi, Jan 6: The Enforcement Directorate (ED) has filed a charge sheet in a Delhi court against Shabbir Ahmad Lone, a suspected member of the banned terrorist outfit Lashkar-e-Taiba, for his alleged involvement in a money laundering case.

Read more

Why is the ED catching up to Robert Vadra

robertvadraNew Delhi, Dec 7: Two days after he was summoned, the Enforcement Directorate has conducted raids at three offices belonging to Robert Vadra. The raids are being conducted in connection with a money-laundering probe.

Read more 

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

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