Latest News on Prevention Of Money Laundering Act
Showing of 0 - 10 from 124 results
Prevention Of Money Laundering Act - Total results - 124
Dec 12, 2018
Who goes to attend a meeting with ‘300 bags’, huge cargo? Enforcement Directorate asks Vijay Mallya's lawyerDespite issuance of summonses and three NBWs, Vijay Mallya refused to join the probe against him, the ED lawyer said.
Dec 10, 2018
Vijay Mallya case: In UK court, former liquor baron's legal team called Indian judiciary 'corrupt', questioned CBI's competencyA UK Court refused to buy the argument that the Indian judiciary is corrupt while clearing extradition of former liquor baron Vijay Mallya to India, who is wanted in India on charges of fraud and money laundering amounting to around Rs 9,000 crore
Dec 06, 2018
Vijay Mallya offers to repay 100% principal to banks: Liquor baron should stop his antics and engage directly with lendersThe current political landscape and consequently the public’s thought processes are dead against Mallya's antics of making promises and then not following through on them
Nov 29, 2018
Mumbai special court rejects Vijay Mallya's petition seeking stay on declaring him fugitive economic offenderThe decision from the judicature came after five parties, including a family member of Vijay Mallya, sought court dossiers with regard to the ED seeking to get Mallya declared a fugitive economic offender under the new law.
Nov 13, 2018
Bail plea of journalist Upendra Rai in money laundering case rejected; Delhi court says allegations seriousUpendra Rai was arrested on 8 June by the ED under the Prevention of Money Laundering Act (PMLA) at the Tihar Jail here, moments after he secured bail in a Central Bureau of Investigation (CBI) case related to alleged extortion and dubious financial transactions.
Oct 31, 2018
PMLA court rejects Vijay Mallya plea seeking to stay attachment of his assets by Enforcement DirectorateThe special court had heard extensive arguments from Mallya's lawyer as well as the ED counsel on his petition seeking a stay on proceedings of the financial crime probe agency against him
Oct 26, 2018
Enforcement Directorate moves court against Sterling Biotech Group promoters in Rs 8,100 cr bank loan fraudED has filed a plea before a special court of the Prevention of Money Laundering Act (PMLA), seeking to declare Nitin Sandesara, Chetan Sandesara, Dipti Sandesara and Hitesh Patel fugitives under Section 4 of the Fugitive Economic Offenders Act
Oct 19, 2018
ED files money laundering cases into Air India deals inked during UPA tenureIn fresh trouble for embattled state-run carrier Air India, the Enforcement Directorate (ED) has registered multiple criminal cases to probe allegations of irregularities and money laundering in at least four deals signed during the UPA rule including the controversial merger of Air India and Indian Airlines
Oct 17, 2018
PNB loan fraud case: ED attaches assets worth over Rs 218 cr of Mehul Choksi and other accusedThe ED is probing this case along with the CBI where it is alleged that Nirav Modi and Choksi defrauded the Brady House branch of the Punjab National Bank (PNB) in Mumbai to the tune of about $2 billion (over Rs 13,000 crore) in alleged connivance with officials.
Oct 16, 2018
Bihar toppers scam: Enforcement Directorate attaches 28 assets worth Rs 10 crore belonging to main accused Bachha RaiEarlier in March, the ED had attached properties worth Rs 4.53 crore of the alleged kingpin of the toppers' scandal in Bihar Intermediate examination.