ED seizes assets worth Rs 2.03 crore in left wing extremism case

New Delhi, Feb 27: The Enforcement Directorate has attached movable properties worth Rs 2.03 crore under the Prevention of Money Laundering Act, 2002 (PMLA) in a case of Left-Wing Extremism (LWE) of Jharkhand.

The naxalites used to collect funds through extortion from contractors, col traders, transporters in Magadh Amrapali Coal Block area of Jharkhand.

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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.

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Why Chidambaram in ED’s custody and CBI custody will be very different

chidduNew Delhi, Sep 06: With former union minister, P Chidambaram stating that he is ready to submit himself for interrogation by the Enforcement Directorate, officials in the agency would look to record his statements under a crucial section of the Prevention of Money Laundering Act (PMLA).

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IMA Ponzi scam: ED attaches property worth Rs 197 crore, RCN against accused shortly

mohammad-mansoor-khanBengaluru, 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.

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Zakir Naik gets an ultimatum: Show up or face the consequences

zakirnaikMumbai, June 20: Controversial Islamic preacher Zakir Naik, who has been accused of inspiring terrorists has been given an ultimatum by a special court.

The Special Money Laundering Act (PMLA) court has ordered him to physically appear on July 31, failing which he would have to face the consequences. The court said if he failed to appear, a non-bailable warrant would be issued against him.

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Terror funding: ED attaches properties worth crores in J&K

New Delhi, Mar 20: Furthering its probe into the terror funding case, the Enforcement Directorate has attached dozens of assets in Jammu and Kashmir.

The central probe agency issued a provisional order under the Prevention of Money Laundering Act (PMLA) to attach 13 properties, worth Rs 1.22 crore, in the state. 

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How meat exporter Moin Qureshi extorted money at behest of former CBI directors

moinqureshiDid the millionaire meat exporter Moin Qureshi act as an extortionist at the behest of former CBI directors? The chargesheet filed against Qureshi under the Prevention of Money Laundering Act states that he had used his clout with several CBI directors to help several accused get relief.

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