New Delhi: Robert Vadra, the brother-in-law of Congress President Rahul Gandhi, was on Wednesday questioned for over three hours by the Enforcement Directorate (ED) in connection with a money laundering case. A senior ED official said: “We could question Vadra for only three-and-a-half hours as he complained of poor health.[Read More…]
Tag: Money laundering
Man gets 5-year jail in Bihar’s first money laundering conviction
Patna: A special court here on Thursday sentenced a man to five-year imprisonment, including rigorous imprisonment for one year, in a money laundering case, said to be first such conviction in the state. An Enforcement Directorate statement said that Mohammad Naushad was also ordered to pay a fine of Rs[Read More…]
Delhi HC granted extension to P. Chidambaram from arrest in INX media case
The Delhi High Court on Tuesday, July3, granted extension in interim protection from arrest to senior Congress leader P. Chidambaram in the INX Media case till August 1. Justice A.K. Pathak directed the Central Bureau of Investigation (CBI) not to take any coercive action against Chidambaram till August 1. Meanwhile,[Read More…]
Mumbai: ‘Lady Natwarlal’ scams 10 crores from 40 women
In a shocking incident, a lady known as the ‘Lady Natwarlal’ who has allegedly cheated around Rs 10 crore, on false promises of quick money. As many as 40 women have been tricked into this.She has been named after the well-known conman Natwarlal who sold Taj Mahal and the Red[Read More…]
Bitcoin soars to an all-time high
Bitcoin towered an all-time high above $1,400 on Tuesday which is technically more than triple of its value over the past year. This comes alongside the recent rise in demand for the service in Japan, where the digital currency has been considered a legitimate means of payment. Bitcoin rose around[Read More…]
CBI books two SBI officers for illegal currency conversion
ED seized Rs 7.3 crore, 5.5 kg gold post demonetisation: Centre
Rs 7.3 crore in currency and 5.5 kg gold have been seized by Enforcement Directorate (ED) during search operations post demonetisation, the government said on Tuesday. 18 persons were arrested and 17 other where identified in relation with the alleged money laundering activities following demonetisation move, Finance Minister Arun Jaitley[Read More…]
Reserve Bank official arrested in Bengaluru for money laundering
An Reserve Bank of India (RBI) official was arrested on Tuesday in Bengaluru for allegedly helping convert banned notes. Eight men have also been arrested in a series of raids in which crores in new notes have been found. K Micheal, a senior special assistant with the RBI Bengaluru, has[Read More…]
P Chidambaram bats for son; says CBI found no offence in FIPB approval to Aircel-Maxis
Former Finance Minister P Chidambaram on Wednesday filed an affidavit on the Enforcement Directorate (ED) investigating son Karti in connection with its money laundering probe in the Aircel-Maxis deal. As per the affidavit, it is said the CBI has not found or reported any offence under any law in respect[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…]
Himachal CM will not resign over ‘false allegations’: Congress
The Congress accused the BJP of trying to malign the Himachal CM Virbhadra Singh’s by imposing false allegations on him. Congress leader Anirudh Singh added that the Chief Minister will not resign over false allegations by BJP government. This announcement by the party comes a day after the arrest of[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…]