All posts tagged: ED investigation

ED attaches Rs 1,021 crore assets in Reliance Anil Ambani Group case

ED attaches Rs 1,021 crore assets in Reliance Anil Ambani Group case

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The Enforcement Directorate (ED) on Saturday said it has attached fresh properties worth Rs 1,021 crore in connection with its investigation into Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL). With the latest action, the total value of assets attached in cases related to the Reliance Anil Ambani Group has reached Rs 20,367 crore under the provisions of the Prevention of Money Laundering Act (PMLA), according to the agency. The investigation was initiated on the basis of multiple FIRs registered by the Central Bureau of Investigation (CBI) following complaints lodged by several public and private sector banks. ED alleges diversion of over Rs 15,500 crore According to the ED, its investigation has so far found that public funds amounting to Rs 15,548 crore raised by RHFL and RCFL were allegedly diverted through a network of shell companies and group entities. The agency alleged that these entities were controlled and managed by the Reliance Anil Ambani Group. The ED said the investigation is being carried out under the provisions of both the Prevention …

Delhi Court sends former Reliance executive Gautam Doshi to judicial custody

Delhi Court sends former Reliance executive Gautam Doshi to judicial custody

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Delhi’s Rouse Avenue Court has remanded former Reliance Communications executive Gautam Bhailal Doshi to judicial custody till July 1 in an alleged money laundering case being investigated by the Enforcement Directorate. The agency alleges his involvement in the group’s financial operations Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Enforcement Directorate raids Kolkata police officer in PMLA case

Enforcement Directorate raids Kolkata police officer in PMLA case

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The Enforcement Directorate on Sunday conducted raids at the premises of Kolkata Police Deputy Commissioner Shantanu Sinha Biswas and on another person as part of a money laundering probe against an alleged criminal and his linked syndicate in the poll-bound state, officials said. Two premises of Biswas, including his residence in Ballygunge area and one location of a man named Joy Kamdar, Managing Director of a company named Sun Enterprise, have been raided under the provisions of the Prevention of Money Laundering Act (PMLA).  Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

ED searches Delhi realty firm accused of collecting ₹2,000 cr from 19,400 homebuyers| India News

ED searches Delhi realty firm accused of collecting ₹2,000 cr from 19,400 homebuyers| India News

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The Enforcement Directorate (ED) has carried out searches at a Delhi based real estate firm – Earth Infrastructures Limited (EIL), which is accused of collecting ₹2024.45 crore from more than 19,425 homebuyers or investors by promising timely delivery of residential or commercial units along with assured returns but failed to deliver, agency officials said on Saturday. The accused entities collected approximately ₹2024.45 crore from more than 19,425 homebuyers/investors. (HT sourced photos) During the searches, carried out on Friday at ten locations in Delhi and Gurugram linked to promoters and associates entities of EIL, the federal financial crimes probe agency recovered ₹6.3 crore in cash, jewellery valued at around ₹7.5 crore, besides silver bullion and luxury watches. ED’s money laundering probe against EIL and its group entities stems from five FIRs registered by the Economic Offences Wing (EOW), Delhi Police, against Earth Infrastructures Ltd., its directors and related entities under various sections of Indian Penal Code for cheating, criminal breach of trust and conspiracy. Further, Serious Fraud Investigation Office (SFIO) has also filed a criminal complaint under …

ED Attaches Rs 441 Crore Assets In Andhra Liquor Case, Probe Traces Rs 1,048 Crore Kickback Trail | India News

ED Attaches Rs 441 Crore Assets In Andhra Liquor Case, Probe Traces Rs 1,048 Crore Kickback Trail | India News

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Last Updated:March 06, 2026, 21:46 IST These payments were reportedly made in multiple forms, including cash, gold and through operational control of certain distilleries. The ED initiated its investigation on the basis of an FIR registered by the Andhra Pradesh CID. (Representational image) In a major development, the enforcement directorate (ED) has attached movable and immovable properties worth Rs 441.63 crore in connection with its money laundering probe into the alleged liquor procurement and distribution scam in Andhra Pradesh, the directorate said in a statement. The investigation has so far traced a money trail of Rs 1,048.45 crore allegedly collected from distilleries in the form of kickbacks. These payments were reportedly made in multiple forms, including cash, gold and through operational control of certain distilleries. Financial gains were also generated through the transport of liquor. The attached assets belong to key accused and their associates, including Kessireddy Rajasekhara Reddy, members of his family, associates of Booneti Chanakya and relatives and entities linked to Donthireddy Vasudeva Reddy. According to the agency, the attached assets include bank …

ED Attaches Rs 441 Crore Assets In Andhra Liquor Case, Probe Traces Rs 1,048 Crore Kickback Trail | India News

Indian Real Estate Promoter Deported From US After ED Action Over Rs 2,200 Crore Scam | India News

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Last Updated:November 06, 2025, 23:33 IST Praveen Kumar Kapoor, the co-founder and promoter of a realty firm SRS group, was accused of defrauding investors and banks of Rs 2,200 crore. The ED took action after 81 FIRs were filed against Kapoor and SRS Group | Representative image Praveen Kumar Kapoor, the co-founder and promoter of a real estate firm in India, has been deported from the United States in connection with a Rs 2,200 crore scam, after a Red Corner Notice was issued by Interpol at the behest of the Directorate of Enforcement (ED). According to an ED statement, Kapoor was denied entry at Newark International Airport, US and his B1/B2 visa was cancelled by American authorities after the Interpol issued a Red Corner Notice against him at the behest of the agency’s Gurugram Zonal Office. Kapoor, the co-founder and promoter of SRS group, a realty firm, has been accused of cheating more than Rs 2,200 crore from investors and banks. He was deported back to New Delhi on November 2 and was intercepted on …

MUDA case: ED’s communication to Lokayukata police is politically motivated, says Siddaramaiah | Bengaluru

MUDA case: ED’s communication to Lokayukata police is politically motivated, says Siddaramaiah | Bengaluru

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Karnataka Chief Minister Siddaramaiah on Wednesday termed the ED’s recent communication to the state Lokayukta police in connection with the MUDA site allotment case, as “politically motivated” and sent with an intent to influence them and the court. Karnataka CM Siddaramaiah is facing allegations of illegalities in the allotment of 14 sites to his wife Parvathi B M by MUDA. Also Read – Karnataka HC directs Bangalore Development Authority to raze down 15-floor residential tower for violations He repeatedly asserted that the Enforcement Directorate (ED) has no powers to investigate the case. Siddaramaiah is facing allegations of illegalities in the allotment of 14 sites to his wife Parvathi B M by the Mysuru Urban Development Authority (MUDA). “It is politically motivated. Tomorrow our writ appeal against the single bench order is coming up (before division bench in HC), if they have done it just ahead of it, what does it mean? First of all they (ED) dont have any powers to investigate, they cannot do it legally. Secondly, they have done this to influence the …

ED raids Siddaramaiah’s close aide’s home, offices in MUDA case | Latest News India

ED raids Siddaramaiah’s close aide’s home, offices in MUDA case | Latest News India

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The Enforcement Directorate (ED) continued its investigation into the Mysuru Urban Development Authority (MUDA) land allotment case, extending raids to the residences and offices of prominent figures, including Rakesh Papanna, a close associate of chief minister Siddaramaiah, on Tuesday. The two-day operation, which began on Monday, focuses on irregular land allotments by MUDA officials. As per the detailed report submitted by a MUDA technical committee in December 2012, one prominent case involves former Zilla Panchayat member Rakesh Papanna’s great aunt, Nagaratnamma (File photo) In Mysuru, ED officials searched Papanna’s residence in the Hinkal locality, allegedly in pursuit of documents linked to controversial “50:50” allotment deals. A former Zila Parishad member, Papanna is under scrutiny for his connections to MUDA’s allocation practices. As per the detailed report submitted by a MUDA technical committee in December 2012, one prominent case involves former Zilla Panchayat member Rakesh Papanna’s great aunt, Nagaratnamma. She allegedly received an illegal allotment of alternative accommodation, bypassing government approval processes. “Rakesh Papanna had applied for compensation on April 15, 2024, to compensate for his …