Singapore Shell Company

The Enforcement Directorate has attached assets worth Rs 452 crore of a Singapore-based "shell" company in connection with its money laundering probe in the IL&FS money laundering case, the agency said on Tuesday.

The CBI has contacted five countries for information on shell companies and bank accounts to identify the manner in which kickbacks were allegedly routed in the INX Media case over ten years ago, sources said. Former Union Minister P Chidambaram and his son, Karti, are among those accused in the alleged scam involving jailed media baron Indrani Muk...

The Enforcement Directorate has attached assets worth Rs 452 crore of a Singapore-based "shell" company in connection with its money laundering probe in the IL&FS money laundering case, the agency said on Tuesday.

The CBI has contacted five countries for information on shell companies and bank accounts to identify the manner in which kickbacks were allegedly routed in the INX Media case over ten years ago, sources said. Former Union Minister P Chidambaram and his son, Karti, are among those accused in the alleged scam involving jailed media baron Indrani Muk...