Hyderabad: The Enforcement Directorate (ED) has provisionally attached immovable and movable properties in the form of lands, buildings and share holdings worth Rs.1,984 crore under Prevention of Money Laundering Act (PMLA)-2002 in the money laundering investigation against Karvy Stock Broking Limited (KSBL) and its Chairman C Parathasarathy and others. It initiated money laundering investigation on […]
Hyderabad: Continuing the investigation into the Karvy Stock Broking Limited cheating case, the Hyderabad Central Crime Station police on Friday arrested Y. Sailaja, a Company Secretary working for Karvy, on charges of falsely creating the company resolution and misrepresenting the HDFC bank to obtain loans. Police said Sailaja, being the Company Secretary, had created a […]
Hyderabad: The Hyderabad Central Crime Station on Thursday produced before court Karvy Stock Broking Limited chairman and managing director C Parthasarathy after the two day custody ended. He was again sent to the Chanchalguda Central Prison. “We found that Parthasarthy had not only pledged securities belonging to the clients without their consent to IndusInd bank, […]
