New Delhi : The Enforcement Directorate on Tuesday said that it had raided 11 places in Delhi and Mumbai in connection with an international hawala racket involving Rs 700 crore and seized Rs 29 lakh. The financial probe agency said that searches were carried out at 11 premises of Pankaj Kapur and his associates in […]
Tag: ED
ED files chargesheet against Lalu, Rabri, Tejashwi in IRCTC case
New Delhi : The Enforcement Directorate (ED) on Friday filed chargesheet against former Railway Minister Lalu Prasad, his wife Rabri Devi, son Tejashwi Yadav and others in a money laundering case related to the 2006 IRCTC hotels maintenance contract. The chargesheet was filed before Special Judge Arvind Kumar who has listed the matter for further […]
Choksi siphoned funds received as LOUs to overseas firms
Mumbai :The Enforcement Directorate (ED) on Thursday said that Gitanjali Group chief Mehul Choksi siphoned off funds received as LOUs from banks to his overseas companies through alleged foreign suppliers. “Funds of LOUs (Letter of Undertaking) obtained fraudulently were siphoned off through their alleged overseas suppliers namely — 4C’s Diamonds Distributors in Hong Kong, Shanyang Gong […]
ED summoned me as witness in bitcoin probe: Raj Kundra
Mumbai : Mumbai businessman Raj Kundra on Wednesday claimed that he had gone to the Enforcement Directorate (ED) as a witness for the ongoing investigations in the Rs 2,000 crore bitcoin scam. Kundra — the husband of Bollywood actress Shilpa Shetty — had appeared before the ED office in Mumbai on Tuesday. According to some […]
IPL 2009: ED imposes penalty of Rs 121 cr on BCCI, others
New Delhi : The Enforcement Directorate on Thursday said it has slapped a penalty of Rs 121 crore on BCCI, its former Chairman N. Srinivasan, former Indian Premier League (IPL) Commissioner Lalit Modi and others for alleged violation of the FEMA during second edition of the cash-rich Twenty-20 cricket tournament in South Africa. An official […]
ED attaches Rotomac properties worth Rs 177 cr
New Delhi : The Enforcement Directorate (ED) on Tuesday said it has attached Vikram Kothari owned Kanpur-based Rotomac Global’s properties worth Rs 177 crore in connection with a money laundering case involving an alleged bank fraud amounting to Rs 3,695 crore. The attached properties of the company and those of its directors are located in […]
ED attaches property worth Rs 1,122 cr of Vadodara’s Diamond Power
New Delhi : The Enforcement Directorate (ED) on Tuesday attached property worth Rs 1,122 crore belonging to Vadodara-based DPIL firm in connection with a Rs 2,654.40 crore bank fraud case. The ED has also attached some belongings of promoter-directors of the Diamond Power Infrastructure Pvt. Ltd. — Suresh Narain Bhatnagar, his two sons Amit Suresh […]
ED searches Vadodara firm accused in Rs 2,654 cr fraud
New Delhi : The ED on Monday carried out searches at Vadodara-based Diamond Power Infrastructure Ltd (DPIL) and its directors who are accused of defrauding a consortium of 11 banks of a Rs 2,654.40 crore loan that was declared a non-performing asset in 2016-17. The ED, which registered a money laundering case based on Central Bureau […]
ED questions Delhi Minister Jain in money laundering case
New Delhi : The Enforcement Directorate (ED) on Tuesday questioned Delhi Health Minster Satyendar Jain in connection with a money laundering case. ED officials said the Minister’s statement will be recorded in connection with the alleged ‘proceeds of crime’ in the case. The ED booked Jain and five others in the money laundering case last […]
ED arrests Nirav Modi’s Firestar VP S.S. Wadhwa
Mumbai : The Enforcement Directorate has arrested Firestar Group Vice President Shyam Sunder Wadhwa, a confidant of Nirav Modi, who is wanted in the multi-crore Punjab National Bank fraud case, an official said on Wednesday. Wadhwa was arrested in Mumbai on Tuesday night after questioning, said the ED official, adding it was the first arrest […]