Money Laundering-probe

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Money Laundering-probe - Total results - 10
PMC Bank case: ED attaches HDIL promoter's 5-acre bungalow near Mumbai in money laundering probe
Business

PMC Bank case: ED attaches HDIL promoter's 5-acre bungalow near Mumbai in money laundering probe

A private business jet, Dassault Falcon 200 owned by accused Rakesh Wadhawan of HDIL was earlier seized by the ED

DRT directs Nirav Modi, aides to pay over Rs 7,200 cr to PNB and others, recovery officials to initiate further action
Business

DRT directs Nirav Modi, aides to pay over Rs 7,200 cr to PNB and others, recovery officials to initiate further action

In another order in the suit filed by the consortium of banks, the presiding officer directed Modi and others to pay Rs 232 crore to the applicant banks with the 16.20 percent interest from 27 July, 2018.

IL&FS scam: ED arrests two former top executives in connection with money laundering probe
Business

IL&FS scam: ED arrests two former top executives in connection with money laundering probe

L&FS has defaulted on payment of loans to SIDBI and along with its subsidiaries has a combined debt of over 91,000 crore.

'Damned if you do and damned if you don't is how I am treated,' says Vijay Mallya after sale of 74 lakh shares by debt recovery tribunal
Business

'Damned if you do and damned if you don't is how I am treated,' says Vijay Mallya after sale of 74 lakh shares by debt recovery tribunal

The ED had attached these shares under the Prevention of Money Laundering Act (PMLA) to ensure that they were not "alienated" or sold by Mallya

Sale of Vijay Mallya's 74 lakh shares in UBHL fetches Rs 1,008 crore; more stake sell-off to follow soon: ED
Business

Sale of Vijay Mallya's 74 lakh shares in UBHL fetches Rs 1,008 crore; more stake sell-off to follow soon: ED

Subsequently, the ED said, the recovery officer of the DRT, Bangalore published a notice early this month for the sale of a total of 74,04,932 shares of UBHL.

Karti Chidambaram arrest updates: P Chidambaram maintains stoic silence; 'will be vindicated,' shouts son
India

Karti Chidambaram arrest updates: P Chidambaram maintains stoic silence; 'will be vindicated,' shouts son

In a dramatic development in the INX Media case, former finance minister P Chidambaram's son Karti Chidambaram was arrested by the CBI from Chennai airport on his return from abroad on Wednesday.

INX Media case: Delhi court reserves order on bail plea of Karti Chidambaram's chartered accountant till 7 March
India

INX Media case: Delhi court reserves order on bail plea of Karti Chidambaram's chartered accountant till 7 March

A Delhi court on Thursday reserved it order on a bail plea filed by Karti Chidambaram's chartered accountant S Bhaskararaman, arrested in the INX Media money laundering case.

INX Media case: Karti Chidambaram produced before Delhi court, CBI seeks extension of custody by 14 days
India

INX Media case: Karti Chidambaram produced before Delhi court, CBI seeks extension of custody by 14 days

The CBI on Thursday produced Karti Chidambaram, arrested in the INX Media case, before a Delhi court after the expiry of his one-day custody and sought extension of his custody by 14 days.

ED confiscates Rs 100 cr beachside farm house of Vijay Mallya in Maharashtra
Business

ED confiscates Rs 100 cr beachside farm house of Vijay Mallya in Maharashtra

The property, spread in 17 acres, was provisionally attached by the agency last year in September under the provisions of the Prevention of Money Laundering Act (PMLA).

IPL money laundering: ED gets court nod to extradite Lalit Modi from UK
India

IPL money laundering: ED gets court nod to extradite Lalit Modi from UK

A special court on Tue issued an order allowing the ED to begin extradition proceedings against ex-IPL boss Lalit Modi in connection with money laundering