New Delhi: The CBI and the ED are likely to issue the summons for questioning former ICICI Bank CEO and MD Chanda Kochhar, her husband Deepak Kochhar and industrialist V.N. Dhoot in connection with the Rs 3,250-crore loan case involving the Videocon Group and ICICI Bank, CBI sources said on[Read More…]
Tag: ED
Chidambaram’s custody necessary in INX case: CBI, ED tell HC
Justice Sunil Gaur reserved the order on former Finance Minister’s anticipatory bail plea after Chidambaram and the probe agencies concluded the arguments. Solicitor General Tushar Mehta told the bench that custodial interrogation of Chidambaram was necessary as he was evasive and had given false information during questioning. The ED and[Read More…]
Bank of India seizes Rotomac’s Kothari House in Kanpur in 900 crore scam
Kanpur: Bank of India (BOI) has seized the house of Rotomac company owner Vikram Kothari for non-repayment of 900 crore loan. Kothari has taken a loan from four bank accounts but failed to pay back, now bank will recover its amount by selling the house. Earlier Central Bureau of Investigation[Read More…]
Money laundering case: ED notice to Misa Bharti, husband Shailesh
The Enforcement Directorate (ED) on Wednesday said that it has served a notice to RJD chief Lalu Prasad Yadav’s daughter Misa Bharti and her husband Shailesh for questioning in its ongoing probe into a money laundering case. An ED official requesting anonymity told IANS: “The Palam Farms in Delhi’s Bijwasan[Read More…]
Corruption case: ED summons Rabri Devi and Tejashwi Yadav
The Enforcement Directorate (ED) on Wednesday issued summons to former Bihar chief minister Rabri Devi and her son Tejashwi Yadav. They have been called in link with the alleged corruption case where maintenance contracts of two IRCTC hotels were provided to a private firm during Lalu Prasad Yadav’s tenure as[Read More…]
Maharashtra irrigation scam: ED may probe Ajit Pawar
Years after chief minister Devendra Fadnavis ordered an inquiry against two senior Nationalist Congress Party (NCP) leaders Ajit Pawar and Sunil Tatkare in the irrigation scam, the Enforcement Directorate begun to probe. This may bring former deputy chief minister Ajit Pawar’s role under the scanner. The central investigation agency sought[Read More…]
It’s time for India to be tax-compliant: Jaitley
Chhattisgarh: ED attaches Rs 36 crore assets of suspended principal secretary
Assets worth Rs 36 crore of suspended Chhattisgarh IAS official BL Agrawal was attached by the Enforcement Directorate (ED) on Tuesday. Agrawal was earlier detained by the CBI. “ED has attached assets worth Rs 36.09 crore under PMLA (Prevention of Money Laundering Act),” an official from the agency said as[Read More…]
Erstwhile policy allowed FIPB to clear Aircel-Maxis case
On February 10, the Supreme Court asked BJP leader Subramanian Swamy to put forward “concrete” evidence to prove that former Finance Minister P Chidambaram had directly given FIPB clearance to the Aircel-Maxis deal in 2006, bypassing the Cabinet Committee for Economic Affairs (CCEA). Foreign ministry officials however say that it[Read More…]
ED questions Zakir Naik’s NGO officials in Mumbai
ED issues summons to Zakir Naik
Surat businessman arrested for laundering money using 1000 fake IDs
The Enforcement Directorate has arrested Surat-based financer Kishore Bhajiawala on money laundering charges. He is accused of illegal conversion of ₹ 1 crore old notes into new, using 1,000 fake IDs. As per reports, “Jignesh Kishorebhai Bhajiawala (41) is under arrest as per provisions of the Prevention of Money Laundering[Read More…]
Client-lawyer relationship sacred, ED summons to Nalini Chidambaram disturbing
The peculiar case of the enforcement directorate (ED) serving summons to Mrs. Nalini Chidambaram is extremely disturbing because it shows that authorities, in their pursuit to create a case where none exists, will even go to the extent of questioning monies paid to a seasoned lawyer for providing legal services.[Read More…]
Nalini Chidambaram moves Madras HC against ED summons over Saradha scam
Wife of former union minister P Chidambaram, senior lawyer Nalini Chidambaram, has moved the Madras high court against the summons from the Enforcement Directorate (ED) which is after her for receiving a fee of over Rs 1 crore from the beleaguered Saradha Group. In her petition, scheduled to be heard[Read More…]
P Chidambaram says summon against his son is vague
Speaking about the ongoing probe against Karti Chidambaram’s ‘alleged’ financial irregularities in Aircel-Maxis scam, P Chidambaram has said that the recent “summon against his son Karti Chidambaram is vague and unclear.” He said, “A canard is being spread that my son, Mr Karti Chidambaram, has refused to appear before the[Read More…]
ED probe against Karti Chidambaram headed nowhere; ED yet to reply to Karti’s lawyer’s letter
The ongoing probe against Karti Chidambaram’s ‘alleged’ financial irregularities has yielded no results so far. Enforcement Directorate officials probing the case against son of former finance minister P Chidambaram are now relying on letters rogatory (LRs), a formal request to court in other countries for details. ED sources say that[Read More…]
More trouble for Virbhadra Singh, ED arrests LIC agent in money laundering case
The Enforcement Directorate (ED) arrested an LIC agent Anand Chauhan in connection with the money-laundering probe against Himachal CM Virbhadra Singh on Sunday. Chauhan was instrumental in investing Rs 5 crore in LIC polices in the name of CM’s family members including his wife and children. He was arrested[Read More…]
ED summons P Chidambaram’s son Karti in Aircel- Maxis deal
The Enforcement Directorate, in connection with the Aircel-Maxis deal in the 2g scam has issued summons to Karti Chidambaram, son of former Finance Minister P Chidamabram. This is the first time that a notice has been issued to Karti in the case which is being investigated since last year. The agency[Read More…]