Page 3 - Money Laundering

Money laundering case: Anil Deshmukh moves special court for default bail

Deshmukh was arrested by the ED on November 2, 2021 and is currently in judicial custody

Money laundering law can't be used as weapon to jail people, says SC

Indiscriminate use of Prevention of Money Laundering Act by ED will affect the 'value' of legislation and it cannot be wielded as a weapon to put people behind bars, Supreme Court said on Wednesday.

Jacqueline, Nora got expensive cars, gifts from Sukesh Chandrashekhar: ED

Fernandez and Fatehi were recently questioned by the ED in the probe related to a case filed by former Ranbaxy promoter Shivinder Singh's wife Aditi Singh

NatWest fined 264.8 million pounds in money-laundering case

British bank NatWest was fined 264.8 million pounds (USD 354.30 million) on Monday for failing to comply with money laundering rules

French court to rule on $5 bn UBS fine for helping clients to evade taxes

The Paris appeals court is set to rule on whether to confirm or adjust the penalty against Switzerland's largest lender, which was imposed after an initial trial in 2019.

US is the 'bestplace' to hide, launder illicit funds, says Janet Yellen

Switzerland or the Cayman Islands have long been the focuses of regulators looking to find hidden cash

Ex-Religare CEO sent to judicial custody in connection with fund siphoning

A Delhi court sent Krishnan Subramanian to judicial custody for four days in connection with the alleged siphoning of public money to the tune of Rs 2397 crore of Religare Finvest Limited (RFL).

Actor Jacqueline Fernandez appears before ED second day in a row

The 36-year-old actor had spent about eight hours at the agency's office on Wednesday

Enforcement Directorate summons Jacqueline Fernandez again in PMLA case

She was asked to appear before the ED team in Delhi.

At Mumbai airport, ED stops actor Jacqueline Fernandez from flying abroad

The 36-year-old actor was stopped by the immigration authorities at the Mumbai airport on the basis of a Look Out Circular (LoC) issued by the federal probe agency

ED attaches properties of Prakash Industries under money laundering case

Properties worth Rs 227.95 crore were attached

Money laundering case: Court extends Anil Deshmukh's ED custody till Nov 15

A special PMLA court here on Friday extended the ED custody of former Maharashtra home minister Anil Deshmukh till November 15 in connection with a multi-crore money laundering case

Rs 100-crore money laundering racket via crypto scheme busted

The kingpin of the racket is absconding, police said

Anil Deshmukh gets 14-day judicial custody in money laundering case

The ED's case is that Deshmukh, while serving as home minister, misused his official position and through dismissed cop Sachin Waze collected Rs 4.70 crore from various bars and restaurants in Mumbai

Anil Deshmukh in ED custody till Nov 6; NCP, Sena slam his arrest

Deshmukh (71) was arrested by the ED on late Monday night after over 12 hours of questioning here in the money laundering case linked to an alleged extortion racket in the state police establishment

Jacqueline Fernandez appears before ED; records statement

Fernandez appeared before ED on Wednesday for questioning in connection with an over Rs 200 crore money laundering case being probed against alleged conman Sukesh Chandrashekar, officials said

ED issues fresh summons to Jacqueline Fernandez after she skips summons

She skipped her summons on Friday in connection with a money laundering case being probed against alleged conman Sukesh Chandrashekar, officials said

ED attaches assets of Rs 1.74-crore in PMLA case against BPSL

The Enforcement Directorate on Friday said it has attached properties worth Rs 1.74 crore in connection with its money laundering probe linked to an alleged bank fraud in BPSL

Abhishek Banerjee's plea to quash summons in PMLA case premature: ED to HC

ED told the Delhi High Court on Tuesday that the plea by TMC MP Abhishek Banerjee and his wife seeking quashing of its summons in a money laundering case was premature and not maintainable.

PM CARES Fund not govt fund; functions with transparency: HC told

The PM CARES Fund is not a Government of India fund and the amount collected by it does not go to the Consolidated Fund of India, the Delhi High Court has been informed