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Monday, December 09, 2019

money laundering

MONEY LAUNDERING NEWS

India, US discuss money laundering, terrorism, easing FDI

November 02, 2019 4:06 am

The Indian delegation was led by Nirmala Sitharaman, Minister of Finance and the US side was led by Steven Mnuchin, the US Secretary of the Treasury.

P Chidambaram targets govt over decline in imports, exports, bank credit

October 17, 2019 10:41 pm

Senior Congress leader P Chidambaram has stated that he has asked his family to tweet from his Twitter handle and target the government over the state of the economy in the country.

Gomti front case: Assets of three engineers seized

July 05, 2019 2:25 am

The Central agency is probing alleged money laundering through irregularities in the project, which was launched by the previous Uttar Pradesh government, led by Akhilesh Yadav.

My arrest would instill fear among people, says Pakistan's former president Zardari

June 21, 2019 4:12 pm

"My arrest will not make a difference. It will only strengthen the party. However, it will create fear among the common man that if Zardari can be arrested then they can also be arrested," Zardari said.

Nirav Modi approaches UK High Court for bail

May 31, 2019 3:55 pm

The UK's Crown Prosecution Service (CPS), which represents the Indian government in the extradition case, said that the hearing of Modi's bail plea will take place at the Royal Courts of Justice in London on June 11.

14 ex-directors of IL&FS get notice for laundering, fraud, payoffs

March 05, 2019 7:21 am

The charges include specific instances of directors of a borrower entity, who also happened to be directors of IL&FS group companies, and a case where a large portion of the loan given to a company was later transferred into the account of its directors.

Delhi HC seeks ED reply to bail plea of scribe Upendra Rai in money laundering case

January 30, 2019 6:50 pm

Rai was arrested on June 8 last year by the ED under the Prevention of Money Laundering Act, moments after he secured bail in a Central Bureau of Investigation case related to alleged extortion and dubious financial transactions.

DSIIDC refers 68 cases of money laundering in liquor vends to Enforcement Directorate

January 28, 2019 8:10 pm

According to an official statement, involvement of high-level officials of the DSIIDC in the alleged money laundering cannot be ruled out.

Court issues open-ended NBWs against Sterling Biotech owners in Rs 8,100-cr bank loan fraud case

January 05, 2019 1:43 pm

The ED has registered the alleged bank fraud case against the firm SBL under sections of the Prevention of Money Laundering Act (PMLA). The accused are also being probed by the ED for allegedly bribing senior income tax department officials as part of an earlier criminal complaint.

Deutsche Bank offices raided in money laundering probe

November 29, 2018 8:16 pm

The prosecutors said they are looking at whether Deutsche Bank may have assisted clients to set up offshore companies in tax havens so that funds transferred to accounts at Deutsche Bank could skirt anti-money laundering safeguards.