Prevention Of Money Laundering Act

Friday, Apr 19, 2024 | Last Update : 04:45 PM IST

Prevention of Money Laundering Act Page-3

The accused firm had raised USD 125 million under FCCB for which a London-based bank had acted as a trustee.

ED arrests accountant in money-laundering case

The ED had earlier registered a PMLA case against the firm on the basis of the Mumbai police’s Economic Offences Wing (EOW)’s probe in 2016.

28 Apr 2018 2:46 AM

Enforcement Directorate grills Delhi minister Satyendar Jain in PMLA case

Sources said that Rs 4.63 crore was allegedly received through Prayas Info Solutions, Akinchan Developers, Managal-yatan Projects.

04 Apr 2018 2:24 AM

Enforcement Directorate allowed to question Peter in jail for two days

The ED on Sunday had confronted Indrani with Karti at Byculla prison in Mumbai in connection with the same case.

06 Mar 2018 1:44 AM

Special Judge Arvind Kumar granted the relief to Bharti and her husband Shailesh Kumar, who appeared before the court in pursuance to summons issued against them, on a personal bond of Rs 2 lakh with a surety of a like amount each and directed them not to leave the country without prior permission of the court. (Photo: File)

Lalu’s daughter Misa, husband granted bail in money laundering case

During the hearing, the ED opposed the bail plea of the accused, saying they indulged in 'very serious' economic offence.

05 Mar 2018 11:06 AM

In the letter, Nirav Modi said he was 'baffled and in a state of extreme confusion' as the passport authority had written to him, informing that it had suspended his passport after receiving a communication from the ED. (Photo: File)

Woman employee of firm arrested illegally, claims Nirav Modi

Modi, against whom a special court on Saturday issued a non-bailable warrant, wrote 2 letters to the ED in response to summons last month.

04 Mar 2018 9:33 AM

ED teams have raided various sites across the country in the Nirav Modi scam.

Court gives nod for issuance of letters rogatory

Agency sought to get in touch with 6 countries.

27 Feb 2018 3:21 AM

The agency has also summoned Modi, Ami and Modi's uncle and Gitanjali Gems promoter Mehul Choski for questioning in the case on February 26. (Photo: Nirav Modi website)

PNB fraud case: ED attaches 21 properties of Nirav Modi worth Rs 523 cr

With the latest action, the total assets seized by the ED in this case are now over Rs 6,393 crore, officials claimed.

24 Feb 2018 2:32 PM

The agency has filed the case under the Prevention of Money Laundering Act (PMLA) on the basis of an FIR registered by the Central Bureau of Investigation (CBI). (Photo: ANI)

Top vigilance body issues advisory to public sector banks to transfer officers

The CVC advisory stated that the transfer of all clerical staff who have completed 5 years as on Dec 31, 2017 'should be done immediately'.

19 Feb 2018 12:23 PM

The CBI had claimed that Singh had amassed assets worth around Rs 10 crore which were disproportionate to his total income during his tenure as a Union minister. (Photo: PTI)

Court asks ED to file chargesheet in PMLA case linked to Virbhadra Singh

In its report, ED claimed that it recently recorded the statements of several witnesses and investigated bank transactions.

22 Jan 2018 6:08 PM

The Enforcement Directorate conducted searches at multiple premises linked to Karti Chidambaram in connection with its money laundering probe in the Aircel-Maxis case. (Photo: PTI)

ED raids Karti Chidambaram's houses in Delhi, Chennai in Aircel-Maxis case

The central probe agency, on Dec 1, 2017, had conducted similar searches on the premises of a relative of Karti and others in this case.

13 Jan 2018 10:59 AM

Bharti and her husband are alleged to have been directors of this firm in the past. (Photo: PTI)

Money laundering case: ED files chargesheet against Misa, her husband

The probe agency had earlier attached a Delhi farmhouse in connection with money laundering probe against Bharti and her husband.

23 Dec 2017 12:11 PM

The ED had alleged that Tandon and the other accused in the case 'conspired so that demonetised currency would be collected and deposited in various accounts of the firms which have huge cash in hand, and from those accounts demand drafts in fictitious names would be issued.' (Photo: Representational | PTI)

Ex-Cong MLA routed Rs 8 crore black money after demonetisation

According to official sources, the Enforcement Directorate now will soon seek his remand from court and question him at length.

13 Dec 2017 3:29 PM

According to the agency, Qureshi was arrested under the provisions of the Prevention of Money Laundering Act (PMLA) as he was 'not cooperating in the probe.' (Photo: file)

Meat exporter Moin Qureshi gets bail in money laundering case

ED had earlier in Dec opposed Qureshi's bail plea, saying he could hamper the ongoing probe, after which court had reserved its verdict.

12 Dec 2017 1:02 PM

The high court had recently asked the ED and income tax department to look into the allegations of money laundering in the functioning of Dera Sacha Sauda sect. (Photo: PTI)

ED will give report on Dera to HC on Wednesday

The ED will soon register a case against the Dera and Ram Rahim under The Prevention of Money Laundering Act (PMLA).

08 Nov 2017 1:40 AM

The Enforcement Directorate arrested businessman Gagan Dhawan in connection with its money laundering probe in the over Rs 5,000 crore alleged bank fraud case involving a Gujarat-based pharma firm and few other hawala deals. (Representational Image)

Enforcement Directorate arrests businessman in bank fraud case involving Gujarat firm

Dhawan was on ED's radar for aiding bank loan frauds related to Sterling Biotech and other similar illegal transactions.

01 Nov 2017 1:00 PM

Centre to set new KYC rules for buying jewellery

This led to jewellers implementing the August 23 order on the line of banks where cash transactions of Rs 50,000 and above are to be reported.

09 Oct 2017 4:21 AM

This meant that the jewellers had to keep detail record including PAN and Aadhaar number of all high cost transactions above Rs 50,000.

No more PAN to buy jewellery above Rs 50,000

In August 2017, finance ministry had brought the sector under PMLA.

07 Oct 2017 12:59 AM

The High Court had issued notice to the Enforcement Directorate (ED) and sought their response within five days. (Photo: File)

Money laundering case: Delhi court extends Moin Qureshi's ED custody by 4 days

Moin Qureshi on Wednesday challenged his arrest in the Delhi High Court in regards to the matter.

31 Aug 2017 7:03 PM

Qureshi was arrested late on Friday night in New Delhi after he was called for questioning in the case. (Photo: File)

Money laundering case: Meat exporter Moin Qureshi sent to ED custody till Aug 31

The order was passed by Special Judge Arun Bharadwaj after the ED sought Qureshi's custody for 14 days to interrogate him.

26 Aug 2017 8:40 PM

The central probe agency's regional office here issued a provisional attachment order under sections of the Prevention of Money Laundering Act (PMLA) and with this fresh action, the total attachment in this case stands at Rs 1,950 crore (market value). (Photo: File)

ED attaches assets worth Rs 293 crore in Rose Valley chit fund scam case

The ED had registered a criminal FIR against the firm, its Chairman Gautam Kundu and others in 2014 under the PMLA.

28 Jul 2017 2:24 PM

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Mohan Guruswamy