As per ED, the attached properties are in the form of 26 residential flats and shops in the name of various companies and persons viz. M/s Savi Commodity and Capital Services Pvt Ltd, M/s J & J Network Consultancy (P) Limited, Dinesh Jajodia and others situated in the states of Maharashtra and West Bengal.
The ED said it has freezed Rs 5.87 crore in the form of balances available in the bank accounts of various individuals and entities in a case related to illegal online betting.
Hyderabad: The Enforcement Directorate (ED) has frozen movable assets of crypto-currency exchange company WazirX to the extent of Rs. 64.67 crore under Prevention of Money Laundering Act (PMLA)-2002. It conducted searches on one of the directors of Zanmai Lab Private Limited (ZLPL), which owns WazirX, and has issued an order to freeze their bank balances […]
New Delhi: The Enforcement Directorate (ED) over the last eight years has carried out 3,010 raids and attached proceeds of crime worth Rs 99,356 crore under the Prevention of Money Laundering Act (PMLA). Union Minister of State for Finance Pankaj Chaudhary, during the ongoing Monsoon Session, informed the Rajya Sabha that since the National Democratic […]
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: The Enforcement Directorate (ED) has filed a supplementary prosecution complaint against Sanjay Agarwal and three others in a case of smuggling of gold to the tune of 2,717 kgs valued at more than Rs 650 crore for the offence committed under Prevention of Money Laundering Act (PMLA)-2002. The court took cognizance of the case. […]
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: A special court for ACB cases here resumed on Monday the hearing of the sensational cash-for-vote scam involving Congress MP A Revanth Reddy and others. The hearing began following directions from the Supreme Court to all High Courts to ensure expeditious disposal of pending criminal cases against former and sitting MPs and MLAs. On […]