Hyderabad: A team of Enforcement Directorate (ED) officials from Delhi on Tuesday arrived in Hyderabad to approach a local court for questioning YSR Congress chief Y S Jaganmohan Reddy who has been arrested by the Central Bureau of Investigation (CBI) in a disproportionate assets case. The team would get in touch with CBI officials probing the case to present its plea in court in Hyderabad for questioning Reddy, ED sources...
04:45 PM, May 29, 2012
Hyderabad: YSR Congress chief and Kadapa MP Jagan Mohan Reddy is in more trouble in the alleged disproportionate assets case with the Central Bureau of Investigation (CBI), which was denied his custody, likely to move a higher court while the Enforcement Directorate, too, may question him. Jagan spent his first night in Hyderabad's Chanchalguda jail on Monday after a court sent him to 14-day judicial custody, which means he won't...
07:36 AM, May 29, 2012
Mumbai: In the latest development in connection with the Adarsh housing society scam, the Enforcement Directorate (ED) on Monday submitted its report to the court. The ED told the court that it was awaiting the Central Bureau of Investigation (CBI) report to ascertain if Money Laundering Act applies to charges the accused under it. The point was made by the ED after the court asked it as to "why Prevention...
02:36 PM, Apr 30, 2012
New Delhi: The Enforcement Directorate has summoned top brass of Vodafone and Bharti Airtel in connection with alleged irregularities in the grant of additional 2G spectrum during 2001-03. Continuing its probe into telecom spectrum scam, the ED had registered case, pertaining to the allocation of spectrum during the NDA regime. It has named former telecom secretary Shyamal Ghosh, then deputy director general JR Gupta and few telecom companies for alleged...
03:39 AM, Apr 14, 2012
New Delhi/Bangalore: The Enforcement Directorate has begun a "preliminary inquiry" into the financial transactions that took place in connection with the Antrix-Devas deal. The Directorate's zonal office in Bangalore has begun the probe to ascertain if any contraventions with regard to foreign exchange or anti-money laundering laws in the deal have occurred. The investigation, which the agency will conduct with the help of the RBI and the Income Tax department,...
02:50 PM, Mar 13, 2012
Mumbai: The Bombay High Court on Monday exempted the Director of Enforcement Directorate (ED) from personally appearing before it on March 12 and instead summoned the Special Director along with a status report mentioning the steps that have been taken in the scam-tainted Adarsh Housing Society probe. A division bench of Justices PB Majmudar and RD Dhanuka had on February 28, severely castigated the agency for "serious lapse" on its...
03:16 PM, Mar 05, 2012
Mumbai: The Enforcement Directorate has initiated an inquiry into former Maharashtra Congress chief Kripashankar Singh's disproportionate assets after Mumbai Police lodged an FIR against him on Bombay High Court's orders. CNN-IBN has accessed details of 22 bank accounts of Kripashankar's family, which give details of his rise from rags to riches. The Samata Sahakari Bank account number 18966 belonging to his son Narendramohan Singh witnessed a turnover of Rs 60...
01:10 PM, Mar 01, 2012
New Delhi: The UP government on Monday informed the State Lokayukta that it was not possible to take action against senior Cabinet minister Naseemuddin Siddiqui in the disproportionate assests case, choosing to refrain from giving any reason for the same. The State Lokayukta had recommended a probe by the CBI and Enforcement Directorate (ED) into the alleged disproportionate assets accumulated by Siddiqui, a key aide of Chief Minister Mayawati. So...
06:20 PM, Feb 27, 2012
New Delhi: The Enforcement Directorate has issued a foreign exchange violation notice to internet giant Google for alleged irregularities in transfer of funds to its foreign entities. The Directorate has asked the Indian arm of the company to explain to it all the permissions the company has obtained from RBI in this regard and its source of income in the country along with I-T returns filed earlier. "We have an...
05:42 PM, Feb 10, 2012
New Delhi: In view of complaints of corruption in the private sector, the government is considering bringing corporates under a proposed anti-graft law. Official sources said the chiefs of the Central Vigilance Commission, the Central Bureau of Investigation and the Enforcement Directorate have been called in by a parliamentary standing committee next week to give their views in this regard. The Parliamentary Standing Committee on Personnel, Public Grievances, Law and...
02:22 PM, Jan 22, 2012
New Delhi: CBI and Enforcement Directorate on Friday placed before the Supreme Court fresh status reports on the progress of probe into the 2G spectrum scam which also contained their responses to allegations of interference of an influential minister in the investigation against some firms. "I have two status reports from ED and CBI in sealed covers on each issue raised by the petitioners. Our full reply is by way...
07:22 PM, Jan 20, 2012
New Delhi: The Enforcement Directorate, India's premier probe agency for money laundering, is studying the alleged multi-crore Uttar Pradesh rural health scam and may register cases against the accused, including Babu Singh Kushwaha whose membership of the BJP has been suspended. According to sources, the Enforcement Directorate has started going through the First Information Reports (FIR) registered by the Central Bureau of Investigation (CBI) in connection with the alleged largescale...
05:17 PM, Jan 08, 2012
Mumbai: The Enforcement Directorate (ED) on Tuesday registered a case against Speak Asia, a Singapore-based online survey company, under the Prevention of Money Laundering Act in connection with a multi-level marketing scam, sources said. The firm had allegedly duped over 12 lakh investors, also called as panelists, to the tune of Rs 1,300 crore, after assuring them commission if they introduced new members. Speak Asia had promised lucrative returns to...
10:31 PM, Jan 03, 2012
New Delhi: Widening its probe into the finances of yoga guru Ramdev, the Enforcement Directorate has summoned his aide Balkrishna in connection with a foreign exchange violation case registered against their trusts. The agency, according to sources, has asked Balkrishna or an authorised representative on his behalf to be present before agency officials in New Delhi on January 10. The representative also has been asked to bring along documents and...
04:51 PM, Jan 03, 2012
New Delhi/Hyderabad: YSR Congress chief YS Jagan Mohan Reddy may be questioned by the Enforcement Directorate (ED) in connection with the money laundering and foreign exchange violations case registered against him and his associates. Official sources said the Kadapa MP could be asked to appear before the agency either in Hyderabad or Delhi this week for a detailed questioning as the initial probe has been conducted after questioning few officials...
03:41 PM, Dec 18, 2011
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