Enforcement Directorate (ED): News

Mayawati dumps Congress, says mistakes haven't taught them anything

Addressing a press conference on Wednesday, BSP chief Mayawati lambasted the Congress and said the party has not learned from its past mistakes.

#PNBScam: Choksi gets time to reply to ED plea

A special court yesterday gave diamond jeweler Mehul Choksi, a key accused in PNB bank fraud case, time till October 30 to file his reply to an Enforcement Directorate (ED) plea seeking to declare him a "fugitive" under Fugitive Economic Offenders Act.

#AnotherNiravModi: Sterling director accused of Rs.5,000cr scam hiding in Nigeria

After reports surfaced last month that Nitin Sandesara, the absconding director of Sterling Biotech, had been arrested in Dubai over an alleged Rs. 5,000cr scam, it now appears that Sandesara and his family might have fled to Nigeria.

TN: ED raids 9 places in Rs. 90cr bank fraud

The Enforcement Directorate (ED) on Saturday conducted searches at nine locations in Tamil Nadu in connection with an alleged Rs. 90 crore bank loan fraud money laundering case, officials said.

Mehul Choksi's properties are money laundering assets: PMLA Authority

A designated PMLA authority has held that 41 properties worth about Rs. 1,210 crore, attached by the Enforcement Directorate (ED) in the name of absconding diamond jeweler Mehul Choksi and his associated firms, are money laundering assets.

ED files charge sheet against ex-HP CM Virbhadra's son

The Enforcement Directorate (ED) today filed a charge sheet in a Delhi court against former Himachal Pradesh Chief Minister, Virbhadra Singh's son Vikramaditya, in a money laundering case which also involves Virbhadra.

UK court allows officials to seize Vijay Mallya's assets

Less than a week after a PMLA court in India summoned embattled billionaire Vijay Mallya, a UK High Court has now issued an enforcement order in favor of a 13-bank consortium.

Special court summons Vijay Mallya under Fugitive Economic Offenders Ordinance

A special PMLA court in Mumbai has summoned beleaguered liquor baron Vijay Mallya to appear before it on August 27 on Enforcement Directorate's plea seeking action against him under the Fugitive Economic Offenders Ordinance in the over Rs. 9,000cr bank fraud case.

No probe will be ordered into 'exchange-of-currency' in Ahmedabad-bank: Sinha

Former BJP leader Yashwant Sinha yesterday said the government wouldn't order any probe into reports of exchange of currency notes worth Rs. 745.58cr at Ahmedabad District Cooperative Bank within five days of the announcement of demonetization on November 8, 2016.

ED seeks fugitive-tag for Mallya; moves court to confiscate Rs.12,500cr-assets

Enforcement Directorate (ED) on Friday filed the first case under "Fugitive Economic Offender Ordinance" to declare Vijay Mallya a fugitive offender and to confiscate his assets worth Rs. 12,500cr (including movable and immovable properties).

Know why ED has slapped a penalty on BCCI, others

The BCCI finds itself in a new spot of bother as the Enforcement Directorate (ED) has slapped a penalty of Rs. 121 crore on the cricket body and some of its former officials.

ED attaches assets of Gujarat firm in Rs. 5,000cr bank-fraud

The Enforcement Directorate has attached Rs. 4,701cr worth of assets of Gujarat-based pharmaceutical company Sterling Biotech Group in connection with a Rs. 5,000cr bank fraud money laundering case, the ED said today.

Aircel-Maxis case: Chidambaram moves Delhi court, seeking protection from arrest

Former Finance Minister of India, P Chidambaram, today moved a Delhi court seeking protection from arrest in the Aircel-Maxis money laundering case.

Delhi: Upset over CBSE Class-10 results, three students commit suicide

Hours after the Central Board of Secondary Education (CBSE) declared the class 10 results, three students committed suicide in different parts of Delhi.

ED attaches Rs. 177cr-worth assets in Rotomac bank fraud case

The Enforcement Directorate today said it has attached assets worth Rs. 177 crore in connection with its probe against Kanpur-based Rotomac Group.

Is the net finally closing in around Nirav Modi?

The Enforcement Directorate has provisionally attached Rs. 170cr worth of assets belonging to Nirav Modi in connection with the Rs. 13,400cr PNB scam.

Maharashtra Police to get its own state-level Economic Offenses Wing

Maharashtra government is set to establish an Economic Offenses Wing (EOW) at the state level.

SC decision on Karnataka trust vote shows Governor at fault

The Shiv Sena today said the SC's decision of slashing the 15-day window given to BJP Chief Minister BS Yeddyurappa to prove majority showed that Karnataka Governor Vajubhai Vala was at fault.

Senior NCP leader Chhagan Bhujbal discharged from hospital

Senior NCP leader Chhagan Bhujbal, granted bail in a money laundering case, was today discharged from the civic-run KEM hospital where he underwent treatment for nearly a week.

Supreme Court won't interfere with journalist Upendra Rai's arrest

On Friday, the Supreme Court said that it would not interfere with the arrest of journalist Upendra Rai by the CBI over his alleged involvement in dubious financial transactions.

IT department attaches Lalu family's suspected benami property in Patna

The Income Tax department has attached a property worth over Rs. 3cr in Sheikhpura of Patna suspected to be a benami asset held by Lalu Prasad's family members who are facing investigation in a land-for-hotels scam.

Under new-law, Mallya, Modi, Choksi's assets might be seized soon

The recent Fugitive Economic Offenders Ordinance has given new teeth to the Enforcement Directorate (ED), which has moved swiftly to seize assets of Vijay Mallya, Nirav Modi and Mehul Choksi.

Indian banks received highest fake currency post demonetization: Report

The country's banks received an all-time high amount of fake currency and also detected an over 480 percent jump in suspicious transactions post demonetization, the first-ever report on dubious deposits made in the wake of the 2016 notes ban has revealed.

Bihar topper scam: ED attaches prime accused Baccha Rai's assets

In a major development related to the Bihar topper scam of 2016, the Enforcement Directorate on Saturday revealed it has attached properties worth Rs. 4.53 crore of Amit Kumar alias Bachcha Rai, the secretary-cum-principal of Vishun Roy College in Vaishali district.

2016 Bihar toppers scam: ED attaches assets of main accused

The ED today said it has attached assets worth Rs. 4.53cr, including 29 plots and deposits in ten bank accounts, of the main accused in the 2016 Bihar topper scam.

PNB scam: Nirav Modi's close aide arrested by ED

The Enforcement Directorate has arrested a "close" associate and the Vice President of a firm of diamantaire Nirav Modi in connection with a money-laundering probe in the over Rs. 12,000cr PNB scam, officials said on Wednesday.

Delhi court orders attachment of Mallya's properties in PMLA case

A Delhi court on Tuesday ordered attachment of properties of business tycoon and liquor baron Vijay Mallya, who was declared a proclaimed offender for evading summons in a money laundering case related to FERA violation.

Delhi HC seeks ED's reply on Nirav Modi firm's plea

The Delhi High Court on Wednesday sought response of the Enforcement Directorate on a plea by Nirav Modi's firm Firestar Diamond against a money laundering case lodged by the agency in connection with the over Rs. 11,000cr Punjab National Bank (PNB) fraud case.

INX case: SC refuses Karti Chidambaram protection from arrest

The SC has refused to grant interim protection from arrest by the Enforcement Directorate (ED) to Karti Chidambaram in the INX money laundering case.

PNB Scam: Non-bailable arrest warrants issued for Modi and Choksi

A special court, set up under the Prevention of Money Laundering Act, has issued non-bailable arrest warrants for diamond traders Nirav Modi and Mehul Choksi in the alleged Rs. 12,650 crore Punjab National Bank scam.

Chidambaram approaches SC seeking "fundamental-rights" protection amid CBI, ED raids

Senior Congress leader and former Finance Minister P Chidambaram moved the Supreme Court seeking protection of his fundamental rights, following the raids and summons to his son Karti by CBI and Enforcement Directorate.

Black money: Purchases above Rs. 6L will soon be flagged

Soon, any purchase you make costing over Rs. 6L will have to be reported to the Financial Intelligence Unit.

ED raids Karti Chidambaram's premises in Delhi, Chennai

Chidambarams continue to be haunted by scams. Now, the Enforcement Directorate (ED) has conducted raids at various premises linked to Karti Chidambaram, senior Congress leader P Chidambaram's son.

ED files second chargesheet against Lalu's daughter

The Enforcement Directorate (ED) on Saturday filed a second chargesheet in a Delhi court against the former Bihar CM Lalu Prasad Yadav's daughter, Misa Bharti in a money laundering act case .

Congress's Ahmed Patel and his kin under ED scanner

After losing Gujarat and Himachal, newly-elected Congress president faces another setback. His mother Sonia Gandhi's most trusted lieutenant Ahmed Patel and his family are under the Enforcement Directorate's (ED) scanner in relation to a money laundering case.

Railways irregularities case: Lalu's wife Rabri Devi appears before ED

Chhagan Bhujbal and Jagan Reddy in ED's list of launderers

The Enforcement Directorate (ED) has released its list of top money launderers and shell companies they used to transact unaccounted money.

#Demonetization: One year on, here's looking at India in numbers

It's been a year since PM Narendra Modi discarded the currency notes of denominations Rs. 500 and Rs. 1000. A lot has happened since then.

AgustaWestland scam: Interpol arrests Italian middleman on ED's request

The Interpol has detained Carlos Gerosa, a middleman in the controversial AgustaWestland chopper deal in Italy; he was apprehended on his way from Switzerland to Italy.

Bullion trader arrested for money laundering, buying 258kg gold post-demonetization

The Enforcement Directorate has arrested Mumbai-based bullion trader, Chandrakant Narsidas Patel of Pushpak Bullions Private Limited, for buying 258kg gold using laundered money amounting to Rs. 84.5cr, post-demonetization.