Hyderabad: A two-judge panel of the High Court comprising Chief Justice Satish Chandra Sharma & Justice Abhinand Kumar Shavali dismissed a PIL challenging the transfer of land to an extent of 95 acres in Sy.No.191/1 of Kollur Village in Sy.No.30/1 under nonexistent survey numbers as per revenue records. The Bench was dealing with a PIL […]
Hyderabad: The Enforcement Directorate (ED) has arrested Balvinder Singh the Promoter – Director of the PCH Corporation Ltd and other PCH group companies under the Prevention of Money Laundering Act (PMLA) in a case relating to defrauding banks to the tune of Rs 370 crore. Balvinder Singh was arrested on Tuesday. He was produced before […]
Hyderabad: The Enforcement Directorate (ED) has provisionally attached bank fixed deposits worth Rs 1.93 crore belonging to Hygro Chemicals Pharmtek Private Limited (HCPPL) at Bollarum in Medak district under Prevention of Money Laundering Act (PMLA)-2002 for illegally manufacturing and dealing in a scheduled drug DextroPropoxyphene Hydrochloride (DPP HCL). It initiated money-laundering investigation on the basis […]
Hyderabad: Enforcement Directorate (ED) has provisionally attached movable and immovable assets worth Rs.100 crore belonging to Rebba Satyanarayana and his family members under Prevention of Money Laundering Act (PMLA)- 2002 for allegedly cheating IDBI bank by taking fraudulent fish tank Kisan Credit Card (KCC) loans. The attached assets are in the form of agricultural lands, […]
New Delhi: The Enforcement Directorate (ED) on Saturday said it has arrested the CEO of a non-banking financial company (NBFC) in connection with a money laundering investigation against fintech firms backed by Chinese funds. Pavitra Pradip Walvekar, promoter, Director and CEO, Kudos Finance and Investment Private Limited, an NBFC, was taken into custody on Friday. […]
New Delhi: Actor Jacqueline Fernandez on Wednesday appeared before the ED here for a fresh round of questioning in a money laundering investigation involving alleged conman Sukesh Chandrashekhar and others. The agency will record the statement of the 36-year-old actor under the Prevention of Money Laundering Act (PMLA), officials said. She has been grilled by […]
Hyderabad: The Enforcement Directorate (ED) has provisionally attached assets worth Rs.144.4 crore under Prevention of Money Laundering Act (PMLA)-2002 belonging to the then Insurance Medical Scheme (IMS) Director Devika Rani and other officials and their family members along with the medicines suppliers IMS scam. The scam came to light in 2019 in Hyderabad. The attached […]
