Pmla

  • Over 300 bank accounts, 200 firms used to commit Saradha scam: ED June 8, 2014

    New Delhi: A complicated maze of 338 bank accounts and 224 companies was used by the perpetrators of the Saradha chitfund scam which is alleged to have duped numerous investors of their hard earned monies in various states including West Bengal, Odisha and Assam. The Enforcement Directorate (ED), which has been...
  • Contradiction in ED's charge sheet in 2G's PMLA case: Shahid Balwa June 4, 2014

    New Delhi: Swan Telecom promoter Shahid Usman Balwa on Wednesday told a Delhi court that the charge sheet filed by Enforcement Directorate in a 2G scam-related money laundering case was "contradictory" and the transfer of Rs 200 crore to Kalaignar TV was a "prudent business transaction". Balwa, who has...
  • Assets, properties worth Rs 1,759 crore seized by ED April 29, 2014

    New Delhi: Over Rs 1,750 crore worth of properties and valuable assets have been seized by Enforcement Directorate (ED) in the last one year even as the anti-money laundering agency launched maximum number of prosecution for alleged violations during the same period. The agency carried out a total of 127 attachments...
  • Enforcement Directorate attaches Rajasthan Tourism officials assets for laundering March 21, 2014

    The Enforcement Directorate on Friday attached assets worth over Rs 40 lakh of a Rajasthan Tourism department official and another person on charges of money laundering through illegal narcotics trade. This is the first case of enforcement action by the agency in a narcotics case in the desert state. The Jaipur zonal...
  • Madhu Koda case: Jharkhand ex-ministers' assets frozen January 21, 2014

    A special PMLA court has frozen properties worth over Rs 5.8 crore belonging to Kamlesh Kumar Singh, former Jharkhand minister in the Madhu Koda cabinet, declaring them as proceeds of money laundering crime. The order has been issued while confirming a provisional attachment order of the Enforcement Directorate (ED) which seized...
  • ED to attach Rs 143 cr properties in Koda money laundering case March 1, 2013

    Ranchi/New Delhi: Stepping up its action in the alleged multi-crore money laundering case involving former Jharkhand Chief Minister Madhu Koda, the Enforcement Directorate (ED) has decided to attach properties worth Rs 143 crore belonging to his close aides. The orders for attachment of these properties spread in cities like Pune,...