Money laundering
- Middle East
Dubai Court cancels Rs 367 crore fine for Indian businessman Abu Sabah
Dubai: The Dubai Court of Cassation has brought to an end the high-profile money laundering case involving Indian businessman Balvinder Singh Sahni, widely known as ‘Abu Sabah’, after partially overturning a ruling…
- Hyderabad
ED restores properties worth Rs 63 crore to SBI, UCO Bank in GS Oil Limited case
Hyderabad: The Directorate of Enforcement (ED) restored properties valued at Rs 63.05 crore to the State Bank of India and UCO Bank in connection with a money laundering investigation against G. S.…
- India
National Herald money laundering case: Gandhis under spotlight
New Delhi: A court here on Tuesday, December 16, refused to take cognisance of the Enforcement Directorate’s money laundering charge against Congress leaders Rahul Gandhi, Sonia Gandhi, and five others in the…
- Hyderabad
ED raids construction firm in Hyderabad over money laundering
Hyderabad: The Enforcement Directorate (ED) raided eight locations linked to a construction firm in Hyderabad in connection with money laundering on November 21 and 22. According to the agency, Jayathri Infrastructures India…
- India
ED files chargesheet against Robert Vadra in UK-based Sanjay Bhandari
New Delhi: The Enforcement Directorate has filed a chargesheet against businessman Robert Vadra, husband of Congress MP Priyanka Gandhi Vadra, in a money laundering case linked to UK-based arms consultant Sanjay Bhandari,…
- Telangana
iBomma piracy mastermind faces ED probe in money laundering case
Hyderabad: The Enforcement Directorate will be stepping in to investigate money laundering and related financial violations by iBomma website mastermind, Immadhi Ravi. The Hyderabad police arrested Ravi on Monday after he arrived…
- Middle East
Kuwait: No more buying gold and jewellery using cash
Kuwait City: Kuwait has prohibited the use of cash in the trade of gold, jewellery and precious metals transactions becoming one of the first Gulf countries to adopt such a measure aimed…
- India
Rs 11.14 crore assets of Dhawan, Raina linked to illegal betting
New Delhi: The Enforcement Directorate (ED) on Thursday said it has attached assets worth Rs 11.14 crore of former cricketers Shikhar Dhawan and Suresh Raina as part of a money-laundering probe linked…
- Business
ED attaches Rs 3,000 cr assets linked to Anil Ambani, Reliance Group
New Delhi: Assets worth more than Rs 3,000 crore linked to Reliance Group Chairman Anil Ambani, his group companies and linked entities have been attached as part of a money laundering investigation,…
- India
Money laundering: ED arrests executive of Anil Ambani’s Reliance Group
New Delhi: The Enforcement Directorate (ED) has arrested an executive of businessman Anil Ambani’s Reliance Group under the anti-money laundering law, official sources said on Saturday. Ashok Pal, Chief Financial Officer (CFO)…
- Telangana
Hyderabad: EAGLE cops arrests international hawala network drug kingpin
Hyderabad: Telangana’s Elite Action Group for Drug Law Enforcement (EAGLE) has arrested Dargaram Rataji Prajapati, who is allegedly a key kingpin in a drug money laundering network/hawala network operating from Mumbai. His…
- Telangana
Telangana narcotics wing EAGLE busts major hawala network, 20 held
Hyderabad: Telangana anti-narcotics wing—EAGLE on Tuesday said it has busted a major hawala racket linked to drugs and arrested 20 people from different parts of the country. During an investigation of a…
- Middle East
Dubai court raises Indian bizman ‘Abu Sabah’ fine to Rs 358 cr in money laundering case
Dubai: The Dubai Court of Appeal has increased the penalty against Dubai-based Indian businessman Balvinder Singh Sahni, known as ‘Abu Sabah’, ordering him and his associates to jointly pay Dirham 150 million…
- Hyderabad
Centre assigns 14 Telangana courts to hear money laundering cases
Hyderabad: The Union Finance Ministry’s Revenue Department has assigned 14 courts in Telangana to handle cases registered under the Prevention of Money Laundering Act (PMLA). This decision was made after consultation with…
- India
Jharkhand: ED conducts raids at 8 locations linked to ex-Congress MLA
Ranchi: The Enforcement Directorate (ED) on Friday carried out raids at eight locations linked to close associates of former Congress MLA Amba Prasad from Jharkhand’s Barkagaon Assembly constituency. The raids are part…
