February 26, 2021 8:59 pm
The court of Additional Sessions Judge A A Nandgaonkar declared the three as fugitive economic offenders under section 12 of the Fugitive Economic Offenders Act of 2018, official sources said.
February 26, 2021 8:22 pm
The next step as per the Act would be to empower the investigating agencies to confiscate the properties belonging to the accused.
February 13, 2021 9:00 am
While several properties have already been attached by the ED, sources said the agency has collected evidence of Mirchi’s multiple foreign passports, his banking channels and contacts in Pakistan.
December 05, 2020 8:36 am
The application was moved under the Fugitive Economic Offenders (FEO) Act, 2018, seeking to declare Memon's sons Junaid and Asif as well as his wife Hajra as fugitive economic offenders.
November 19, 2020 10:16 am
The three properties are Rabia Mansion, Mariam Lodge and Sea View. According to the order passed by the authority on November 9, “all the transfers/transactions in respect of these properties have been declared null and void”.
November 18, 2020 8:36 pm
The properties have been forfeited by the competent authority under Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, based on evidence collected by the ED.
September 25, 2020 9:57 pm
Sources told The Indian Express that in 2015, Dheeraj Wadhawan and East Coast LLC transferred four commercial properties totaling over 2900 sq ft in Marsa, Dubai, to Memon without any monetary consideration.
September 17, 2020 10:23 am
Lodged at Taloja jail since his arrest in October last year, Humayun Merchant’s bail pleas were rejected twice by the special Prevention of Money Laundering Act (PMLA) court, following which he had moved the high court seeking bail on medical grounds.
January 27, 2020 7:14 pm
ED said Wadhawan has been arrested under the Prevention of Money Laundering Act (PMLA) as he was allegedly not cooperating in the probe.
December 11, 2019 5:13 pm
These properties were acquired by Mirchi in the name of his family members and relatives, the agency said. It had also recently filed a charge sheet in this case before a special court in Mumbai.