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Submit issues with 2022 PMLA verdict by July 16, SC tells petitioners
Supreme Court directs petitioners to submit reconsideration issues on PMLA by July 16, focusing on ECIR access and burden of proof in upcoming hearings.
Published on May 08, 2025 07:04 AM IST
Abraham Thomas
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
Torres case: Court allows ED to question hawala operator in jail
A special PMLA (Prevention of Money Laundering Act) court on Friday allowed the ED to question Lalan Singh, the hawala operator arrested in connection with the Torres jewellery fraud in which thousands of investors from the Mumbai Metropolitan Region lost crores of rupees.
Published on Mar 09, 2025 07:48 AM IST
PMLA court issues production warrant against hawala operator
A special PMLA court has issued a production warrant against Alpesh Khara, a hawala operator from Charni Road, arrested in connection with the alleged fraud Ponzi scheme run through Torres Jewellery stores, in which thousands of investors were duped of crores of rupees.
Published on Mar 02, 2025 08:20 AM IST
NAMCO banking fraud: PMLA court rejects bail plea of key accused
A special PMLA (Prevention of Money Laundering Act) court has rejected the bail plea of Nagani Mohammad Shafi, arrested by the Enforcement Directorate (ED) in connection with the multi-crore suspicious transactions involving the Nashik Merchant Cooperative (NAMCO) Bank
Published on Feb 09, 2025 05:52 AM IST
HPZ Token scam: Main accused deemed ‘fugitive economic offender’
The confiscation of Bhupesh Arora’s properties would proceed further as per ED’s request and in accordance with provisions of the Fugitive Economic Offenders Act (FEOA), 2018, the court said
Updated on Jan 23, 2025 07:40 AM IST
HC faults ED for ‘mala-fide’ probe, slaps ₹1 lakh fine
The Bombay High Court ruled the ED's probe into a contractual dispute was mala-fide, imposing ₹1 lakh fines on both the agency and the complainant.
Updated on Jan 22, 2025 07:30 AM IST
SC grants bail to two men in Delhi Waqf Board money laundering case
SC grants bail to two men in Delhi Waqf Board money laundering case
Published on Dec 11, 2024 04:09 PM IST
PTI |
ED books IFS officer, husband, in investment fraud-linked money laundering case
The ED launched a probe into the case after it took cognisance of the 33 FIRs registered by the UP police against the IFS officer's husband and others.
Published on Nov 27, 2024 05:35 PM IST
Bail for Satyendar Jain's ‘aides’ in money laundering case involving AAP leader
On October 18, Jain was given bail by the Rouse Avenue Court, over two years after his May 2022 arrest by the Enforcement Directorate.
Published on Oct 29, 2024 06:03 PM IST
HT News Desk, New Delhi
Madras HC allows ED to revive case against lottery baron Martin
While CCB conducted probe following the seizure of ₹7.2 crore in unaccounted cash from Martin’s residence, the court found it “suspicious” for the same agency to file a closure report in 2022
Published on Oct 29, 2024 04:38 PM IST
‘Liberty is core value…’: What Delhi court said on Satyendar Jain's bail
While delivering the judgment on Satyender Jain's bail, the court said "Liberty is the core value under consideration."
Published on Oct 18, 2024 10:09 PM IST
PMLA cannot become a tool to detain people: Supreme Court
While granting bail to Senthil Balaji, the court sounded a clear warning about the abuse of PMLA provisions by the ED.
Updated on Sep 27, 2024 04:52 AM IST
Utkarsh AnandAbraham Thomas
ED’s western region special director given charge of eastern region
The ED appoints Satyabrata Kumar to lead financial crime investigations in Eastern India, focusing on online fraud and asset restitution efforts.
Updated on Sep 19, 2024 07:58 AM IST
Punjab: PMLA court denies bail to AAP MLA Gajjanmajra
AAP MLA Jaswant Singh Gajjanmajra also approached Punjab and Haryana high court challenging his arrest and remand order but the same were dismissed by the HC following which he approached the apex court.
Updated on Sep 17, 2024 07:06 AM IST
Nikhil Sharma, Mohali
Gurgaon land release case: ED attaches properties of realty company M3M India
An ED statement said that these properties are in the form of land parcels located in Basharia village of Harsaru tehsil in Gurugram
Updated on Jul 20, 2024 06:34 AM IST
HT Correspondent, Chandigarh
Shine City chairman likely to be declared fugitive economic offender
The Act, under which any case is yet to be registered in U.P, was slapped on Vijay Mallya and Nirav Modi as well, an ED official said.
Updated on Jul 11, 2024 06:40 AM IST
HT Correspondent, Lucknow
Govt may amend PMLA, introduce ‘restitution of attached properties’ clause
Discussions on the Prevention of Money Laundering (Amendment) Bill, 2024, began before the Lok Sabha elections
Updated on Jun 20, 2024 08:48 AM IST
Supplementary chargesheet against mgmt, tech institute owner filed in post matric scholarship scam
The ED officials said the investigation was initiated based on intelligence and FIR registered by UP Police in scholarship scam against the accused persons.
Updated on Jun 02, 2024 08:02 AM IST
HT Correspondent, Lucknow
‘PMLA case a parasite, needs predicate offence’: Supreme Court
The court’s statements came as it released on bail a Chhattisgarh businessman arrested in connection with a money laundering case
Updated on May 18, 2024 01:31 AM IST
ED can't arrest accused after spl court takes cognizance of PMLA complaint: SC
The Supreme Court said if the ED wants custody of such an accused, then it would have to apply to the special court.
Updated on May 16, 2024 11:38 AM IST
Bitcoin-based Ponzi scheme case: Court rejects event organiser Nikhil Mahajan’s bail plea
Delhi event firm director's bail plea rejected in ₹6,600 crore Bitcoin Ponzi scheme case; court says he aided in money laundering.
Updated on May 16, 2024 08:24 AM IST
KYC is a public good that is crying for an overhaul
To have a fundamental flaw in the form of a botched KYC will hurt the most vulnerable people such as the elderly, the poor, or migrants the worst.
Published on May 15, 2024 10:59 PM IST
Monika Halan
Can’t invoke PMLA against ordinary citizens: Delhi court pulls up ED
The court was hearing an application moved by Amit Katyal, accused in the case related to the alleged land-for-job scam, seeking an extension of his interim bail
Updated on May 01, 2024 02:08 PM IST
Court denies bail to Jet Airways founder Naresh Goyal on health grounds
Goyal, in his application, stated that “denying him medical bail at this stage may well be writing his death warrant as it is obvious that he would not survive"
Updated on Apr 11, 2024 09:41 AM IST
Rutuja Gaidhani
National Herald case: PMLA body upholds attachment of ₹751 cr
An adjudicating authority under the PMLA upheld the attachment of assets worth around ₹752 crore of Congress-run National Herald newspaper.
Updated on Apr 11, 2024 09:17 AM IST
Neeraj Chauhan, New Delhi