Prevention Of Money Laundering Act

Friday, Apr 19, 2024 | Last Update : 04:13 AM IST

Prevention of Money Laundering Act Page-2

Property seizure draconian, Vijay Mallya tells Bombay HC

The ED, while opposing the petition, argued that the object of the Act was to ensure the return of a person who was evading arrest in India.

02 Apr 2019 3:03 AM

Agusta Westland case accused Sushen Mohan Gupta at ED office in New Delhi on Saturday. (Photo: PTI)

Sushen Mohan Gupta’s ED custody extended by 4 days

Gupta was arrested by the agency under the Prevention of Money Laundering Act (PMLA).

31 Mar 2019 3:13 AM

Bombay HC Remands Zakir Naik’s Aide in legal custody

Sathak filed a bail application saying that he had been falsely implicated in the case and there was no evidence on record against him.

28 Mar 2019 6:17 AM

The Enforcement Directorate (ED) Monday took into custody Vijay Kothari, the prime accused in the import remittance fraud worth crores of rupees.

Court remands Vijay Kothari in ED custody

The Enforcement Directorate took him into its custody for investigation Monday.

26 Mar 2019 2:21 AM

Special judge Arvind Kumar has summoned the four accused on May 4 after the agency filed the charge sheet. (Photo:File)

Delhi court summons lawyer Gautam Khaitan, 3 others in money-laundering case

A Delhi court on Monday summoned lawyer Gautam Khaitan, his wife Ritu and two companies - Ismax and Windfor.

25 Mar 2019 4:33 PM

Former ICICI Bank CEO Chanda Kochhar (Photo: PTI)

ED questions Kocchars, Dhoot till late hours

The questioningbegan late on Friday night and was concluded around 4 am in the early hours of Saturday, officials said.

03 Mar 2019 4:08 AM

Flat owned by Deepak Kochhar. (Photo: Shripad Naik)

ED raids premises of Kochhar, Dhoot in bank loan fraud

The officials said that they had taken into custody papers and other material during the searches.

02 Mar 2019 4:11 AM

Investigations in case were initiated on complaint registered by CBI in Gandhinagar against DPIL and others for causing loss to consortium of banks to the tune of Rs 2654 crore. (Photo: File)

ED files complaint against DPIL Ltd for Rs 2,600 crore bank fraud

Charges made under section 4 of Prevention of Money Laundering Act, for confiscation of linked assets, and punishment for directors of DIPL.

28 Dec 2018 4:13 PM

Mallya, who is currently in the United Kingdom, has been charged by the ED of defaulting on bank loans to the tune of Rs 9,000 crore. (Photo: File)

ED 'resisted' my efforts to repay banks, Mallya claims in PMLA court

Mallya's reply stated that ED's application in its endeavour to confiscate assets, is one which is contrary to public and national interest.

24 Sep 2018 7:50 PM

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

The Authority is a quasi-judicial body that adjudicates over PMLA attachment of assets.

03 Sep 2018 12:55 AM

Nirav Modi, Mehul Choksi asked to reply to ED notice

The special PMLA court judge, S.M. Azmi, issued a notice to both the beleaguered jewellers.

26 Jul 2018 2:18 AM

Mallya summoned under fugitive offenders ordinance

As per the govt data, Kingfisher Airlines owes Rs 9,900 crore to a consortium of 17 public sector banks.

01 Jul 2018 12:57 AM

Delhi Court extends ED custody of scribe by a day

The scribe submitted that he had started his career at the age of 26 and worked with big media houses.

22 Jun 2018 6:22 AM

Vijay Mallya 'deliberately and intentionally diverted the loan amounts from the bank accounts of the airlines to other bank accounts of his interest.' (Photo: File)

Vijay Mallya diverted loan funds to F1, T20 IPL team says ED chargesheet

The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared 'fugitive' under a new Indian law.

19 Jun 2018 10:36 AM

The ED probe showed that the firm had allegedly borrowed from the bank consortium in lieu of stocks of gold and jewellery that turned out to be non-existent.

ED attaches Kanishk Gold assets worth Rs 138 crore

The firm has been accused of defrauding a consortium of banks to the tune of Rs 824 crore.

16 Jun 2018 5:32 AM

Nirav Modi is said to have left the country before criminal cases were lodged against him. (Photo: File)

Special court issues non-bailable warrant against Nirav Modi, kin

The non-bailable warrants were issued by Special PMLA judge Salman Azmee against Nirav Modi and 10 others, including his family members.

12 Jun 2018 8:09 PM

The ED-CBI case has been registered against firm director and owner Vikram Kothari, his wife Sadhna Kothari, son Rahul Kothari and unidentified bank officials on a complaint from the Bank of Baroda. (Photo: File)

ED attaches assets worth Rs 177 crore in Rotomac bank fraud case

The ED alleged that these assets were the 'proceeds of crime' of the illegal act of money laundering.

29 May 2018 2:54 PM

The ED chargesheet focuses on the money laundering aspect and the role of Nirav Modi and others in perpetrating the alleged fraud, a senior official said. (Photo: File)

PNB fraud case: ED files chargesheet against Nirav Modi, associates

ED said about 12,000 page chargesheet or the prosecution complaint has been filed before special court under various sections of PMLA.

24 May 2018 6:07 PM

Nirav Modi and Choksi are being investigated by the Enforcement Directorate (ED) for allegedly cheating Punjab National Bank, the country's second largest lender, to the tune of more than USD 2 billion or over Rs 13,000 crore. (Photo: PTI)

PNB fraud case: ED attaches more assets of Nirav Modi worth Rs 170 Cr

ED issued a provisional order under PMLA attaching number of bank accounts, immovable assets and share investments of Nirav Modi.

21 May 2018 5:04 PM

The enforcement directorate has registered a case of money laundering in connection with an alleged Rs 621 crore loan fraud involving UCO Bank.

ED files PMLA case in Rs 621 crore UCO Bank loan fraud

The agency has filed a criminal complaint under the Prevention of Money Laundering Act.

07 May 2018 2:03 PM

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Mohan Guruswamy