New Delhi: In a massive search operation in Delhi, the Income Tax (I-T) department has unearthed hawala and other accommodation entries of more than Rs 1,000 crore. The tax department has also found links to money laundering involving the business group engaged in e-governance projects and financial services. “The search and seizure action has led […]
Tag: hawala money
Mehbooba, Omar flay MHA decision on cross-LoC trade
Srinagar: Former state chief ministers, Mehbooba Mufti and Omar Abdullah, on Thursday criticised the Ministry of Home Affairs’ decision to suspend cross-LoC trade in Jammu and Kashmir. The MHA said on Thursday that following reports of weapons, hawala money and narcotics being routed into the state through cross LoC, it has been decided to suspend […]
India suspends trade across LoC, says used by anti-national elements for sneaking in hawala money, weapons
New Delhi: India on Thursday suspended, with immediate effect, trade across the Line of Control (LoC) in Jammu and Kashmir, saying it was being used by unscrupulous and anti-national elements for sneaking in hawala money and weapons from the territory under Pakistani occupation to fuel terrorism and separatism in the country. The Ministry of Home Affairs […]
ED raids 11 places, seizes Rs 29 lakh hawala money
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 […]