Enforcement Directorate

AAP rejects claims of LG granting sanction to ED to prosecute Kejriwal

Aam Aadmi Party leaders in Delhi, including Chief Minister Atishi, on Saturday rejected claims that Lieutenant Governor V K Saxena has granted sanction to the Enforcement Directorate to prosecute party supremo Arvind Kejriwal in the alleged excise policy scam. While no formal reaction was immediately available from the lieutenant governor's (LG) office on the issue, sources in the Enforcement Directorate (ED) said it is yet to receive the sanction to prosecute Kejriwal in the excise policy case linked to money laundering. "Reports of ED getting prosecution sanction (against Kejriwal) are false. Had the LG granted prosecution sanction, why isn't the ED showing its copy," senior AAP leader Manish Sisodia, who was also an accused in the excise policy case, asked in a statement. This is nothing but an attempt to divert attention from the "disrespect" shown by the BJP to Babasaheb Ambedkar, Sisodia alleged. Atishi claimed reports about LG granting prosecution sanction are being spread .

Delhi LG gives nod to ED to prosecute Arvind Kejriwal in excise policy case

On December 5, the Enforcement Directorate sought permission for sanction of prosecution against Arvind Kejriwal

Rs 14,131.6 crore recovered from Vijay Mallya's asset sales: FM Sitharaman

The Enforcement Directorate has restored assets worth Rs 22,280 crore to victims or rightful claimants from cases involving economic offences, the finance minister informed Lok Sabha

ED restored properties worth Rs 22,280 cr to legitimate claimants: FM

Finance Minister Nirmala Sitharaman on Tuesday said the Enforcement Directorate has restored properties worth Rs 22,280 crore to the victims or rightful claimants and asserted that the fight against economic offenders will continue unabated. Replying to a debate on the first batch of Supplementary Demands for Grants in the Lok Sabha, she said Rs 14,131.6 crore worth properties belonging to fugitive Vijay Mallya have been restored to public sector banks. As regards the Nirav Modi case, properties to the tune of Rs 1,052.58 crore have been restored to PSBs and private banks. In the Mehul Choksi case, properties worth Rs 2,565.90 crore have been attached and will be auctioned. In the National Spot Exchange Ltd (NSEL) case, Rs 17.47 crore worth properties were restored to the genuine investors who were defrauded. "On the PMLA, ED has successfully restored properties valued at least Rs 22,280 crore from major cases... We have not left anyone, even if they fled the country, we've gone a

ED attaches properties worth Rs 2.73 crore in money laundering case

The restitution was made under the second proviso to Section 8(8) of PMLA (restitution pending trial) read with Rule 3A of PMLA Restoration of Property Rules

MP bizman-wife death: Suicide note mentions harassment by ED, BJP leaders

A purported suicide note recovered after the deaths of a businessman and his wife who hanged themselves in Madhya Pradesh's Sehore district has led to a slugfest between the Congress and the ruling BJP. In the purported suicide note that surfaced on social media, businessman Manoj Parmar urged Rahul Gandhi and other Congress leaders not to leave his children alone and accused the Enforcement Directorate (ED) and BJP leaders of harassment. The Congress has claimed that Parmar and his wife were party supporters, and the ED harassed them over their political leanings. The couple's children had gifted their piggybank to Gandhi during his "Bharat Jodo (Nyaya) Yatra". Sub-divisional officer of police (SDOP) Akash Amalkar said the suicide note received by the police was in the form of an application. He said the family members of the deceased couple were still in mourning, so the police have not recorded their statements. Talking to PTI, Amalkar said he cannot reveal more about the suici

ED restitutes assets worth Rs 4,025 cr in Bhushan Steel bank 'fraud' case

The ED has restituted assets worth Rs 4,025 crore of the erstwhile Bhushan Steel and Power Limited to JSW Steel following approval from the Supreme Court, the federal probe agency said on Saturday. JSW Steel was the successful resolution applicant to the assets of the insolvent company under the Insolvency and Bankruptcy Code (IBC) of the Corporate Insolvency Resolution Process (CIRP). These assets were earlier attached by the federal probe agency under provisions of the Prevention of Money Laundering Act (PMLA) in an investigation against Bhushan Steel and Power and its promoters on charges of alleged bank loan fraud and "diversion" of those funds for personal investments. The Enforcement Directorate (ED) said the restitution of assets worth Rs 4,025 crore was made under Section 8(8) of the PMLA (restitution pending trial), read with Rule 3A of PMLA Restoration of Property Rules. The apex court gave its approval on this Enforcement Directorate (ED) proposal on Wednesday, the agenc

ED team assaulted on offshore Cruise Casino Pride in Goa; staffers booked

A team of the Enforcement Directorate (ED) was allegedly assaulted by the staff of an offshore casino vessel in Goa, police said on Saturday. Police on Friday registered a case against the director, two senior staffers of Cruise Casino Pride, and a few others for the incident that occurred on December 12, an official said. According to the complaint lodged at Panaji police station, the staff of the offshore casino vessel allegedly assaulted Poluri Chenna Kesava Rao, an assistant director of ED, and his team and confined them in a room while they were searching the premises on Thursday afternoon, the official said. He said casino director Ashok Wadia, senior staffers Gopal Ramnath Naik, Arati Raja and a few others were involved in the assault. The accused threatened to cause injury to the complainant and his team and wrongfully confined them in a room while they were discharging their lawful duty in an official capacity, a spokesperson from the Goa police said. He said the ED has a

Mahadev betting case: ED conducts fresh raids in Kolkata, freezes Rs 130 cr

The Enforcement Directorate on Friday said it has conducted fresh searches in Kolkata in the Mahadev online betting-linked money laundering case and has frozen securities and deposits worth more than Rs 130 crore. The searches were conducted on Thursday, the agency said in a statement. The case pertains to an ongoing investigation by the federal agency in which a number of high-ranking politicians and bureaucrats from Chhattisgarh are alleged to have been involved. During the searches conducted in Kolkata, securities, bonds and demat accounts worth Rs 130.57 crore were frozen under the provisions of the Prevention of Money Laundering Act (PMLA), the ED said. The agency has alleged that its probe into the Mahadev Online Book (MOB) gaming and betting app has shown the involvement of various high-ranking politicians and bureaucrats from Chhattisgarh, the state where the two main promoters -- Sourabh Chandrakar and Ravi Uppal -- of the app hail from. It has said the MOB app is an umbr

ED action linked to fraud done by third parties, says Dentsu India

Leading communications company Dentsu India Friday said the recent ED searches against it were related to a suspected fraud done by some "third parties" and this was "proactively" reported by it to the relevant authorities. The Enforcement Directorate had Thursday said in a press statement that it conducted raids on December 10 at multiple premises in Mumbai, Delhi and Gurugram as part of a probe in the "Suumaya-Dentsu case". The money laundering case stems from an FIR of the Mumbai police (Worli police station) against Dentsu Communications India Private Limited and Suumaya Industries Ltd, a textile group, and its promoters and some others. Dentsu India, in response to a PTI query, said they had, in 2021, identified "suspected fraudulent activity conducted by third parties and some of InDeed's former employees against whom criminal complaints have also been filed". "This activity was limited to the InDeed business only. Three years ago, we proactively reported the matter to the ..

Summaya-Dentsu case: ED raids across multiple cities, seizes cash, gold

During the search operations, ED found seized Indian currency of Rs 46 Lakh, foreign currency equivalent to Rs 4 Lakh and gold bars amounting to Rs 3.4 Crore

ED cannot direct prosecutors on court conduct in money laundering cases: SC

The Supreme Court has said the Enforcement Directorate and its director may provide instructions related to the facts of a money laundering case but they cannot direct their prosecutors on how to conduct themselves in court. The top court ruling underscored the independence of public prosecutors as officers of the court and limits the influence of investigative agencies in judicial proceedings. The observations were made in an order by a bench of Justices Abhay Oka and Augustine George Masih on Wednesday while granting bail to Zeeshan Haider and Daud Nasir, who were arrested in connection with the Delhi Waqf Board money laundering case. The bench took note of their prolonged incarceration and believed that the trial would not begin in the near future. The bench clarified the limits of the ED's authority over public prosecutors while addressing a trial court's directive that the director of the anti-money laundering probe agency issue instructions to prosecutors not to oppose bail .

ED attaches assets worth Rs 135.06 cr in Adarsh credit cooperative case

In the case, ED had earlier attached properties amounting to Rs 2,075 crore have already been attached

Mehul Choksi's Rs 2,565.9 crore properties set for auction after court nod

A Mumbai court has approved the auction of Mehul Choksi's Rs 2,565.9 crore assets, seized by the ED in the PNB fraud case. The assets, including flats and factories, will now be liquidate

Mahadev app betting case: ED attaches fresh assets worth Rs 388 crore

The Enforcement Directorate on Saturday said it has attached fresh assets worth about Rs 388 crore in its ongoing money laundering investigation into the Mahadev online betting case in which various high-ranking politicians and bureaucrats from Chhattisgarh are alleged to have been involved. These include movable assets -- investment made by Mauritius-based company Tano Investment Opportunities Fund related to Dubai-based "hawala operator" Hari Shankar Tibrewal through FPI and FDI -- and properties in Chhattisgarh, Mumbai and Madhya Pradesh in the name of promoters of multiple betting apps and websites, panel operators and associates of the promoters, the federal agency said in a statement. A provisional order was issued under the Prevention of Money Laundering Act (PMLA) on December 5 to attach these assets with a total value of Rs 387.99 crore, the Enforcement Directorate (ED) said. Tibrewal is being investigated by the agency in this case. The ED has issued multiple such orders

ED attaches over 3 dozen horses worth Rs 4 crore in cyber fraud case

The Enforcement Directorate Wednesday said it has attached more than three dozen horses worth about Rs 4 crore as part of a money laundering investigation in a cyber fraud case in West Bengal where foreign citizens were duped through fake call centres. The federal agency said in a statement that it issued a provisional order under the Prevention of Money Laundering Act (PMLA) on Tuesday to attach properties worth over Rs 5 crore of Kunal Gupta, owner of Met Technologies Pvt Ltd, and his associate Pawan Jaiswal who ran an international "cyber fraud" network. The attached properties include 37 horses belonging to KG Stud Farm LLP, valued at Rs 3.98 crore, and flats worth Rs 1.08 crore in Greenleaf Complex at Baguiati in Kolkata. "The attached 37 horses are stationed across race clubs and riding schools in India," the ED said. Under such an attachment involving animals, the ED imposes restriction on their sale and once the provisional order is confirmed by the Adjudicating Authority o

Pernod Ricard internal probe reveals that top India exec violated laws

Enforcement Directorate, in Jan. 2023 accused Pernod Ricard India (PRI) of engaging in money laundering by unlawfully facilitating $24 million in corporate guarantees

CM Siddaramaiah calls ED's move in Muda case politically motivated

Karnataka Chief Minister Siddaramaiah on Wednesday termed the ED's recent communication to the state Lokayukta police in connection with the MUDA site allotment case, as "politically motivated" and sent with an intent to influence them and the court. He repeatedly asserted that the Enforcement Directorate (ED) has no powers to investigate the case. Siddaramaiah is facing allegations of illegalities in the allotment of 14 sites to his wife Parvathi B M by the Mysuru Urban Development Authority (MUDA). "It is politically motivated. Tomorrow our writ appeal against the single bench order is coming up (before division bench in HC), if they have done it just ahead of it, what does it mean? First of all they (ED) dont have any powers to investigate, they cannot do it legally. Secondly, they have done this to influence the court," he said in response to a question on ED's letter to Lokayukta. Addressing reporters here, the CM said, "The Lokayukta is conducting the inquiry and they will ha

Delhi HC notice on ED plea against giving unrelied doc copies to Kejriwal

The plea stated that the impugned order, dated October 9 this year issued by the Special Court, directed the ED to supply copies of the uninspected and un-relied upon documents

MUDA scam case: Karnataka BJP chief Vijayendra praises ED's investigtion

Karnataka BJP president B Y Vijayendra on Wednesday said the Enforcement Directorate (ED) probe into the MUDA case has vindicated his party's stand that this scam was not limited to the irregularities in 14 sites belonging to Chief Minister Siddaramaiah's family. He noted that the investigation by the ED in the preliminary stage has uncovered over Rs 700 crore worth of irregularities. Vijayendra also raised doubts over the inquiry conducted by the Lokayukta police into the matter. "We have been saying that thr MUDA scam is not restricted to the allotment of 14 sites to the Chief Minister's family... I had said earlier also that it's a scam worth hundreds of crores of rupees," he said in a press conference here in Kalaburagi. He said his statement was not a mere accusation, but a charge now proved by the ED probe. "The ED has carried out an impartial probe. Preliminary investigation has revealed that more than Rs 700 crore worth scam has taken place in MUDA site allotment." He sai