Money Laundering

Enforcement Directorate Raids Multiple Premises In Noida Bike Bot Ponzi Scam Case

India News | Press Trust of India | Saturday February 22, 2020

The Enforcement Directorate today conducted searches at around a dozen locations in Delhi and Uttar Pradesh in connection with its money laundering probe against a Noida-based firm alleged to be involved in a ponzi scam, officials said.

Cayman Islands Top Destination For Hiding, Laundering Money: Study

World News | Reuters | Tuesday February 18, 2020

British overseas territory theCaymanIslands, the United States and Switzerland do most to help the globe's richest citizens hide and launder money, according to a ranking published on Tuesday by a group pushing for reform.

Ex-Ranbaxy Promoter Malvinder Singh Denied Bail In Money Laundering Case

India News | Press Trust of India | Monday February 17, 2020

A Delhi court today dismissed the bail plea of former Fortis Healthcare promoter Malvinder Singh, arrested for alleged misappropriation of funds at Religare Finvest Ltd. (RFL).

Nawaz Sharif Exempted From Appearing In Pakistan Court On Medical Grounds

World News | Press Trust of India | Saturday February 15, 2020

An accountability court has exempted Pakistan's former prime minister Nawaz Sharif from appearing before it in a money laundering case on medical grounds and adjourned the hearing till February 28 in the matter, according to media reports on Saturday.

Prized Assets That Nirav Modi, Vijay Mallya, Anil Ambani May Lose In Dues

India News | Bijou George, Bloomberg | Wednesday February 12, 2020

Weeks after India's criminal enforcement bureau announced a second auction of the prized personal possessions of fugitive jeweler Nirav Modi including his favorite watch and his Rolls Royce Ghost, the United Kingdom High Court recently asked Anil Ambani to deposit $100 million of his personal wealth to partially pay back debt due to a trio of Chine...

UK High Court To Hear Vijay Mallya's Appeal Against Extradition On Tuesday

India News | Press Trust of India | Monday February 10, 2020

Vijay Mallya is expected to return to court on Tuesday as the UK High Court begins hearing his appeal against being extradited to India to face fraud and money laundering charges amounting to Rs 9,000 crores.

Ratul Puri's Bail Challenged In Money Laundering Case

India News | Press Trust of India | Friday February 7, 2020

The Enforcement Directorate on Friday approached the Delhi High Court challenging the bail granted to businessman Ratul Puri, nephew of Madhya Pradesh Chief Minister Kamal Nath, in a money laundering case related to bank loan fraud.

Delhi Court Allows Businessman CC Thampi To Travel Abroad

India News | ANI | Friday February 7, 2020

A special court in Delhi on Friday allowed businessman CC Thampi, who is currently out on bail in connection with a money laundering case pertaining to the overseas properties related to Robert Vadra, to travel abroad with certain conditions including not to tamper with evidence.

Coal Scam: Supreme Court Grants Time To Centre To Suggest Names For Special Public Prosecutor

India News | Press Trust of India | Friday February 7, 2020

The Supreme Court today gave the Centre time till February 10 to suggest names of lawyers for appointing a special public prosecutor to conduct trials for the Enforcement Directorate in money laundering cases related to the coal block scam.

Enforcement Directorate Again Gets Custody Of DHFL Chief In Iqbal Mirchi Case

India News | Press Trust of India | Monday February 3, 2020

A special court on Monday again remanded Kapil Wadhawan, chairman and MD of Dewan Housing Finance (DHFL), to the custody of the Enforcement Directorate (ED) till February 7 in connection with a money laundering case also involving gangster Iqbal Mirchi.

UK Court Extends Nirav Modi's Custody Until February 27 In PNB Bank Scam

India News | Press Trust of India | Thursday January 30, 2020

Fugitive diamond merchant Nirav Modi, fighting extradition to India on charges over the nearly $2 billion Punjab National Bank (PNB) fraud and money laundering case, was produced for a regular remand hearing at Westminster Magistrates' Court in London on Thursday and has been further remanded to custody until February 27.

PNB Fraud Case: Nirav Modi To Appear For Remand Hearing In UK Court

India News | Press Trust of India | Thursday January 30, 2020

Fugitive diamantaire Nirav Modi, fighting extradition to India on charges over the nearly $2 billion Punjab National Bank (PNB) fraud and money laundering case, is to be produced for a regular remand hearing at Westminster Magistrates' Court in London on Thursday.

NRI Businessman Gets Bail In Case Linked To Robert Vadra

India News | Press Trust of India | Wednesday January 29, 2020

A Delhi court granted bail to non-resident Indian (NRI) businessman CC Thampi on Wednesday in a money laundering case related to Robert Vadra for allegedly acquiring assets abroad in an illegal manner.

Delhi Court Extends NRI Businessman's Judicial Custody In Case Against Robert Vadra

India News | Indo-Asian News Service | Tuesday January 28, 2020

A special CBI court in Delhi today remanded NRI businessman CC Thampi to judicial custody till February 7 in connection with a money laundering probe against businessman Robert Vadra.

DHFL Boss Kapil Wadhawan Arrested In Probe Against Gangster Iqbal Mirchi

India News | Press Trust of India | Monday January 27, 2020

The Enforcement Directorate has arrested the chairman and managing director of Dewan Housing Finance Ltd (DHFL), Kapil Wadhawan, in connection with its money laundering probe against gangster Iqbal Mirchi and others, officials said on Monday.