Tag: Enforcement Directorate

Rs 255 crore assets of companies fraudulently availing agriculture loans attached

NEW DELHI: The Enforcement Directorate (ED) has attached properties worth Rs 255 crore in a case connected to fraudulent availing of agricultural loans in the name of poor farmers. The agency provisionally attached assets worth Rs 255 crore of Gangakhed Sugar Energy Ltd (GSEL), Yogeswari Hatcheries, and Gangakhed Solar Power Ltd under Prevention of Money […]

Customs arrest suspended IAS officer in gold smuggling case

NEW DELHI: The Customs on Tuesday formally arrested suspended IAS officer M Sivasankar in connection with the Kerala gold smuggling case. In July, 2020,  a 1995 batch IAS officer Sivasankar was removed from the posts of principal secretary to CM and Information Technology (IT) secretary after news reports of his association with Swapna Suresh, charged […]

IAS officer Sivasankar moves Kerala High Court for bail in Enforcement Directorate

KOCHI: Suspended IAS officer M Sivasankar on Friday moved the Kerala High Court seeking bail in an Enforcement Directorate (ED) case related to money laundering charges in the gold smuggling racket. Sivasankar, arrested by the ED on October 28 and now in judicial custody, filed the bail petition two days after the Special Court for […]

ED attaches properties worth Rs 122 crore of DCHL

NEW DELHI: The Enforcement Directorate (ED) has attached properties to the tune of Rs 122 crore of Deccan Chronicle Holdings Limited (DCHL) and two of its former promoters, T. Venkatram Reddy and T. Vinayakarvi Reddy, in connection with its probe into the Rs 8,180 crore bank loan fraud case. The ED in a statement said […]

Enforcement Directorate attaches properties worth Rs 255.17 crore of Kanva Group

BENGALURU: The Enforcement Directorate (ED) on Friday said it has attached properties worth Rs 255.17 crore, owned by founder of Kanva Group of Companies, N Nanjundaiah and his family members, in connection with a case pertaining to cheating of investors. “Identified assets to the tune of Rs 255.17 crores have been provisionally attached under Prevention […]

How Enforcement Directorate attaches Dawood Ibrahim properties in foreign countries

NEW DELHI: The Enforcement Directorate (ED) on Tuesday attached properties to the tune of Rs 200 crore belonging to underworld don Dawood Ibrahim close aide late Iqbal Mirchi and his family members in the UAE in connection with a money laundering probe under different sections of the Prevention of Money Laundering Act (PMLA). Explaining how […]

ED attaches assets valued at Rs 91.8 crore in Syndicate Bank fraud case

NEW DELHI: The Enforcement Directorate (ED) on Monday attached movable and immovable properties valued at Rs 91.8 crore in connection with a bank fraud involving Rs 1,267 crore. An ED official said that the agency attached the properties — owned by Udaipur’s CA Bharat Bomb, Shankar Lal Khandelwal and others — in the loan fraud […]

Delhi High Court asks Enforcement Directorate to respond to Conwood Construction’s plea

NEW DELHI: The Delhi High Court Monday sought response of the Enforcement Directorate (ED) on a plea by a firm, which was acquitted in the 2G scam related money laundering case along with former telecom minister A Raja and others, seeking to release its properties worth Rs 22 crore attached by the agency. Justice Brijesh […]

ED freezes 60 bank accounts in India on Brazil’s request

NEW DELHI: The Enforcement Directorate (ED) is understood to have initiated a process to freeze over 60 bank accounts in the country on the request of the Brazilian government in connection with a money laundering case in that country, offiicials said on Monday. They said the agency has undertaken the action under the provision of […]

Enforcement Directorate raids former Ranbaxy group promoters

NEW DELHI: The Enforcement Directorate (ED) on Thursday raided the premises linked to erstwhile Ranbaxy promoters, Malvinder Mohan Singh and Shivinder Mohan Singh, in connection with a money-laundering case, agency officials said. They said the raids were conducted after the filing of a case under the Prevention of Money Laundering Act (PMLA). The action is […]

Enforcement Directorate attaches Sweka Power Tech assets worth Rs 1.43 crore

NEW DELHI: The Enforcement Directorate (ED) Friday said it has attached assets worth Rs 1.43 crore of a firm hired to upgrade streetlights during the 2010 Commonwealth Games (CWG) in the national capital. The federal agency issued a provisional order for attachment, under the Prevention of Money Laundering Act (PMLA), of an industrial plot in […]

ILFS crisis:Enforcement Directorate conducts fresh raids in Mumbai

NEW DELHI: The Enforcement Directorate on Wednesday carried out fresh searches in Mumbai in connection with its money laundering probe in the multi-crore IL&FS payment default crisis, officials said. They said the residences and offices of at least four directors of the firm are being raided. The central agency had first carried out searches in […]

AgustaWestland scam: Christian Michel to remain in Enforcement Directorate custody for 7 days

NEW DELHI: Just three days after a special Central Bureau of Investigation (CBI) court sent Christian Michel James, the alleged middleman accused in the AgustaWestland chopper scam, to judicial custody until 28 December, Delhi’s Patiala House Court, on Saturday, sent him to seven-day custody of the Enforcement Directorate. While Christian Michel’s 15-day police custody ended […]

VVIP Chopper case: Enforcement Directorate arrests Christian Michel

NEW DELHI: The Enforcement Directorate (ED) on Saturday arrested Christian Michel, the alleged middleman arrested in the AgustaWestland VVIP chopper deal case. Michel was produced before Special Judge Arvind Kumar where the ED sought his 15 days custody. The court allowed the ED to interrogate the British national inside courtroom for 15 minutes after the […]

PNB scam: Enforcement Directorate attaches 11 properties worth Rs 56 crore of Nirav Modi in Dubai

NEW DELHI: The Enforcement Directorate (ED) said it had attached 11 properties worth over Rs 56 crore of fugitive diamond jeweller Nirav Modi in Dubai in connection with its money-laundering probe in the $2-billion Punjab National Bank (PNB) fraud case. The central probe agency said the assets were in the name of “Modi and his […]

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