Ranchi: The Jharkhand High Court on Thursday granted bail to former state chief minister Madhu Koda, who was in prison for over two years in connection with illegal investments and hawala transaction case. Koda, who was in judicial custody since November 30, 2009, was granted bail by the single bench of HC Mishra. Koda, who ruled the state between 2006 and 2008, was arrested by the officers of Jharkhand Vigilance...
02:05 PM, Apr 05, 2012
New Delhi: Charges were on Saturday framed against a close aide of hardline Hurriyat leader Syed Ali Shah Geelani and three others, arrested for allegedly running hawala racket to fund banned terrorist outfit Hizbul Mujahideen in Kashmir Valley, by a Delhi court, paving the way for their trial. District Judge HS Sharma framed charges under various sections of the Unlawful Activities (Prevention) Act against Ghulam Mohd Bhat, said to be...
05:06 PM, Mar 03, 2012
New Delhi: A Delhi court on Saturday accepted a plea for a trial of a close aide of Hurriyat leader Syed Ali Shah Geelani and three others. They have been allegedly running a hawala racket to fund banned terrorist outfit Hizbul Mujahideen in the Kashmir valley. The court decided to put the four on trial, ordering formal framing of charges against them under various provisions of the Unlawful Activities Prevention...
09:27 AM, Mar 03, 2012
New Delhi: The Enforcement Directorate will attach an estimated Rs 50 crore of assets of Pune stud farm owner and alleged tax defaulter Hasan Ali Khan and his Kolkata-based associate Kashinath Tapuriah in a money laundering case. The Adjudicating Authority of the agency based in Delhi recently endorsed an order of ED's Mumbai office in this regard, paving way for attachment of the duo's immovable properties in Mumbai, Pune and...
01:05 PM, Nov 04, 2011
Mumbai: Refusing to grant bail to Pune-based stud farm owner Hasan Ali Khan, accused of stashing away billions of dollars in overseas accounts, the Bombay High Court on Friday asked him to approach the special court handling Prevention of Money Laundering Act cases. Disposing of Khan's bail application, Justice RC Chavan told his lawyer that "why have you come here directly instead of moving the special court as directed by...
06:10 PM, Apr 29, 2011
New Delhi: The black money case has brought the focus back on Hasan Ali, a man known as the king of money launderers in India. Ali is under investigation by the Income Tax Department for laundering upto Rs 40,000 crore. CNN IBN unravels Hasan Ali's money trail, which is allegedly in bank accounts spanning from Switzerland to New York to Singapore and Dubai. Hasan Ali Khan - frequently seen on...
10:45 PM, Mar 03, 2011
New Delhi: The Supreme Court wants the Centre to explain why no action has been taken against India's biggest tax defaulter and alleged hawala operator Hasan Ali Khan so far. A bench of justices B Sudershan Reddy and SS Nijjar asked why Ali and other alleged black money launderers have not been interrogated under supervision of the Supreme Court. The court castigated the government for failing to interrogate Khan and...
03:18 PM, Mar 03, 2011
New Delhi: The recently unearthed Hawala trail in the Kashmir valley points to money being allegedly passed to senior Hurriyat leaders including Syed Ali Shah Geelani following which the separatist leader has been asked not to leave Delhi to face investigations. Sensing trouble, the Hurriyat faction led by Geelani, who is leader of Jamaat-e-Islami, attempted to downplay the investigations in the Hawala case and announced a bandh call in the...
08:18 PM, Feb 21, 2011
Mumbai: The Income Tax Department on Friday imposed a huge penalty of Rs 40,000 crore on businessman Hasan Ali Khan, a 56-year-old alleged stud-farm owner and one of the main accused in the multi-million dollar tax evasion and money laundering case. Hasan Ali on Friday presented himself before the Income Tax Department in Mumbai, after summon was issued to Hasan Ali by the Tax Department in connection with penalty proceedings...
06:45 PM, Feb 18, 2011
New Delhi: The government on Thursday assured the Supreme Court that it will announce names of people with black money after case is registered against them. The Supreme Court asked the government to ensure that Pune-based businessman Hasan Ali Khan, accused of stashing black money in foreign banks, does not leave the country. This was conveyed by the court to Solicitor General Gopal Subramanium during the hearing of a petition...
12:06 PM, Feb 10, 2011
New Delhi: One of the most revered places for Tibetans and Buddhists across the world now caught in a criss-crossing web of Hawala, Benami land deal and worse still of furthering Chinese interest on Indian soil. The 17th Karmapa Ugyen Trinley Dorjee stands accused of being a Chinese plant. Central government sources say that foreign currency worth crores was recovered from this religious abode. The Gyuto Tantric Monastic University, home...
07:14 AM, Jan 29, 2011
New Delhi: In a joint operation by Delhi and Jammu and Kashmir police, a Hawala racket has been busted in Jammu and Kashmir. A close aide of Hurriyat hardliner Syed Ali Shah Geelani, Ghulam Mohammed Bhat has been arrested for his alleged involvement in the hawala racket. Two other associates of Bhat have also been arrested. More than Rs 20 lakh have been recovered from Bhat and his associates. ...
06:08 PM, Jan 23, 2011
Ranchi/New Delhi: Non-bailable arrest warrants have been issued against seven aides of former Jharkhand chief minister Madhu Koda including an Indonesia-based businessman in connection with a multi-crore illegal investments and hawala case being probed by the Enforcement Directorate. Official sources said a Prevention of Money Laundering Act Court in Ranchi had issued the arrest warrants against Manoj Kumar Sinha, Sunil Kumar Sinha, Saubhik Chattopadhyay, Vijay Joshi, Rohitash Krishnan, Ajay Amolchand...
11:39 PM, Aug 23, 2010
Former CM has been evading summons by ED under various pleas. ...
03:16 PM, Jan 28, 2010
50-year-old Naresh Jain can be called the perfect white-collared criminal. ...
12:42 AM, Dec 08, 2009
displayed with permission. Use of the CNN name and/or logo on or as part of CNN-IBN does not derogate from the intellectual property rights of Cable News Network in respect of them.
Disclaimer: Network18 Media & Investments Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
