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Power to arrest must be used sparingly: ASG to ED officials
ASG SV Raju advised ED officers to delay arrests in money-laundering cases for better court outcomes, emphasizing careful evidence gathering.
Published on May 02, 2025 07:34 AM IST
Neeraj Chauhan
Centre working to bring Dream11, Winzo, online gaming firms under PMLA: Report
Under PMLA, online gaming firms would be subject to stricter obligations such as know-your-customer (KYC) requirements, reporting suspicious transactions, etc.
Published on Apr 08, 2025 10:56 PM IST
2 convictions in 193 ED cases against politicians
The data also showed that there have been no acquittals, suggesting that the investigations are progressing. In some cases, it is likely that charge sheets have also not been filed.
Published on Mar 20, 2025 07:46 AM IST
Neeraj Chauhan
Rose Valley chit fund case: Court orders ₹450-crore assets to be repaid to cheated investors
The ADC has already processed 32,319 claims, resulting in the disbursal of around ₹22 crore of funds to investors, ED sources said. The restitution process is likely to acquire optimum pace over the coming months, as more claims are being scrutinised and validated by the ADC
Published on Mar 15, 2025 05:10 AM IST
Court rejects discharge plea of Zakir Naik’s ‘close associate’
A special PMLA (Prevention of Money Laundering Act) court rejected the discharge plea of Aamit Gazdar, an alleged close confidante of Dr Zakir Naik, arrested for actively assisting the controversial Islamic preacher and televangelist in laundering proceeds of crime.
Published on Mar 09, 2025 08:08 AM IST