Page 10 - Money Laundering

Vadra gets 4 weeks to file rejoinder in plea to quash money laundering case

A bench of Justices Manmohan and Sangita Dhingra Sehgal listed the matter for further hearing on November 18

INX Media case: ED issues fresh lookout circular against P Chidambaram

Officials said this is a preventive measure exercised by the agency as Chidambaram's whereabouts are not known at present and he is required by them to take the probe forward in the INX Media case

TMC leaders laundering money through Durga puja committees, alleges BJP

Banerjee on Sunday had criticised the Centre for issuing income tax notices to several Durga Puja committees here, saying festivals should be exempt from levies

Govt tightens anti-money laundering laws, widens ambit of proceeds of crime

The new amendment has been brought in with the Finance Bill passed in the Lok Sabha on Thursday

Cancel AugustaWestland scam accused Khaitan's bail in black money case: ED

ED cited Gautam Khaitan's position in society, gravity of the offence to challenge the relief granted to him

ED questions Avista Advisory CEO Rajiv Kochhar in money laundering case

Chanda Kochhar, husband seek 10-day extension for personal appearance, ED agrees

Money laundering row: ED seeks probe report from Dutch investigator

According to the sources, the enforcement agency had received the money laundering alert a few months back when its counterpart in the Netherlands approached it for certain information

How the world's cleanest banks became a haven for Russian criminals

The allegations against Swedbank suggest former Ukraine President Viktor Yanukovych was among those who benefited from the bank's services

I-T dept unearths Rs 20,000-cr hawala, money laundering racket in Delhi

The dept conducted searches against a group and found 'undisclosed foreign bank accounts and a well established racket of claiming bogus duty draw back/GST through over-invoicing of exports.'

EU to add Saudi, Panama to list of nations failing to curb money laundering

The blacklist includes the Gulf kingdom and more than 20 other territories over alleged failures to fight illicit cash flows, the paper said citing European Union officials

ED seizures of alleged money launderers' assets to remain valid for 1 year

Interim Budget proposes amendment to law in a bid to allow probe agency more time

Journo Upendra Rai arrested in June in money laundering case denied bail

Additional Sessions Judge Rakesh Syal denied the relief to Rai, saying the allegations against him were serious and it was not a fit stage to grant him bail

Zardari's interim bail extended till Dec 10 in money laundering scam

At least 32 people are under legal scanner by the FIA for laundering money from fictitious accounts. Zardari, however, has denied such allegations

Pakistan's 'penniless billionaires' expose money laundering frenzy

Dozens of stories in recent weeks have filled newspapers in Pakistan and riled a populace long accustomed to extravagant tales of corruption and theft

Tribunal allows banks to recover loans by selling Jatin Mehta's assets

A Delhi-based tribunal under the Prevention of Money Laundering Act allowed banks to sell the collateral assets to recover their loans of Rs 40 bn

FII lobby sets out best practices to prevent money laundering

The number of employees working on KYC compliance in financial institutions rocketed from an average of 68 in 2016 to 307 in 2017

884 companies under scanner in money laundering cases: P P Chaudhary

Further, over 226,000 companies have been struck off for remaining inactive for a period of two years or more

83% of money-laundering cases since note ban related to shell firms, realty

Gold-related cases accounted for only 7%, drugs (6.5%), arms and ammunition (4.5%) and others (8%)

Delhi bizman held for laundering Rs 5,000 cr, under lens for other frauds

It is alleged that Dhawan laundered the money of Sandesh Arya through his companies based abroad

ED attaches assets worth Rs 1.53 crore in Gaya

The central probe agency said it has issued a provisional attachment order against two flats and a house in Muzzafarpur in the state along with some bank deposits, under the provisions of PMLA