All posts tagged: ED

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

Published by Webster

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 …

ED approaches court seeking SFIO documents in CMRL money laundering case

ED approaches court seeking SFIO documents in CMRL money laundering case

Published by Parlour News

Kochi, The ED, which is probing a money laundering case linked to CMRL and involving former Kerala Chief Minister Pinarayi Vijayan’s daughter Veena T, has approached a court here seeking access to documents collected by the SFIO during its investigation into the matter. ED approaches court seeking SFIO documents in CMRL money laundering case The Enforcement Directorate filed a petition before the Special Court for the Prevention of Money Laundering Act in Kochi seeking copies of documents gathered by the Serious Fraud Investigation Office , which had investigated alleged “fake” expenses admitted by Cochin Minerals and Rutile Ltd before the Income Tax Settlement Commission. ED sources said the documents sought by the agency include records related to Exalogic Solutions Private Limited, the company owned by Veena, which was engaged in IT consultancy services. The agency has requested the court to direct the SFIO to provide copies of documents collected during its investigation. The petition is likely to be considered next week. The ED probe pertains to allegations that CMRL made payments amounting to ₹2.78 crore …

How ED raids may have handed Pinarayi Vijayan a political lifeline | Political Pulse News

How ED raids may have handed Pinarayi Vijayan a political lifeline | Political Pulse News

Published by Parlour News

4 min readThiruvananthapuramMay 27, 2026 01:57 PM IST First published on: May 27, 2026 at 01:50 PM IST The Enforcement Directorate (ED) raids on the residences of former Chief Minister Pinarayi Vijayan in connection with an alleged money laundering case have unexpectedly come as a shot in the arm for the senior CPI(M) Politburo member, who had been beleaguered within the Left following the defeat of the Left Democratic Front (LDF) in the recent Kerala Assembly elections. Soon after news of the raids broke on Wednesday morning, senior leaders came out in support of Vijayan and cadres took to the streets raising slogans against the BJP and the ED. The party’s social media handles which have been silent after the defeat in the elections, have also sprung into action in support of Vijayan. After the Assembly elections, Vijayan had appeared politically weakened within the party, with the massive verdict against the LDF being interpreted as a mandate against him and his style of functioning as Chief Minister. He had reportedly come under attack from middle- …

ED arrests ex-IDFC employees for embezzlement of public fund worth Rs 645 crore

ED arrests ex-IDFC employees for embezzlement of public fund worth Rs 645 crore

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The Enforcement Directorate (ED) has arrested two ex-employees of IDFC First Bank in connection with an ongoing money laundering investigation into the Rs 645 crore public fund embezzlement case. ED’s Chandigarh zonal office arrested Ribhav Rishi and Abhay Kumar, the two ex-employees of IDFC bank, on May 11 under the Prevention of Money Laundering Act (PMLA), 2002. After arresting both Ribhav and Abhay under Section 19 of PMLA, 2002, they were produced before a special PMLA court, which granted 10 days ED custody of both the accused till May 21. 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 rejects interim bail plea by I-PAC co-founder Vinesh Chandel

ED rejects interim bail plea by I-PAC co-founder Vinesh Chandel

Published by Parlour News

A Delhi court on Tuesday denied interim bail to Vinesh Chandel, director and co-founder of Indian Political Action Committee (I-PAC), in connection with a money laundering case being investigated by the Enforcement Directorate. I-PAC co-founder Vinesh Chandel were produced before the judge on April 14 after ED arrested him in West Bengal Coal case. (ANI Video Grab) Chandel had sought interim bail citing the deteriorating health of his 74-year-old mother, who is reportedly suffering from dementia. Additional sessions judge Shefali Barnala Tandon of Patiala House Court rejected the plea, ruling that the request did not meet the threshold of “exceptional humanitarian grounds” necessary for granting interim bail. The court underlined that it was not insensitive to the medical vulnerability of elderly parents, but the material on record did not indicate any sudden or life-threatening emergency requiring the accused’s immediate presence. The court further observed that no evidence was presented to show that the mother’s medical needs could not be managed through hospitalisation, professional care, or assistance from other family members. According to the Enforcement Directorate, …

ED slaps ₹184 crore FEMA penalty notice against NewsClick, founder Prabir Purkayastha: Report| India News

ED slaps ₹184 crore FEMA penalty notice against NewsClick, founder Prabir Purkayastha: Report| India News

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The Enforcement Directorate (ED) on Monday announced an imposition of penalty notice worth ₹184 under Foreign Exchange Management Act against NewsClick and its Editor-in-Chief Prabir Purkayastha, officials said. File photo of NewsClick founder and Editor-in-Chief Prabir Purkayastha. (Photo by Raj K Raj/ Hindustan Times) The ED initiated its probe after a Delhi Police’s Economic Offences Wing registered a case against NewsClick and its founder in 2020 in connection with money allegedly received from overseas. On the basis of the FIR, the ED also conducted searches on the premises of NewsClick and several other places in connection with money allegedly received from overseas. The federal agency had raided Purkayastha’s premises in September 2021 in connection with a money laundering probe and later attached a flat in New Delhi’s Saket linked to him. Purkayastha was arrested in October 2023 by the Special Cell of the Delhi Police in a different case under the Unlawful Activities (Prevention) Act. He was later granted anticipatory bail in July 2025. Disclaimer: We do not own any of the content, ideas, images, …

94.82% conviction rate in ED’s money laundering cases, govt tells Parliament| India News

94.82% conviction rate in ED’s money laundering cases, govt tells Parliament| India News

Published by Parlour News

The conviction rate in the Enforcement Directorate (ED)’s cases under the Prevention of Money Laundering Act (PMLA) is 94.82%, with courts delivering judgements in 58 cases to date, and 55 of them resulting in the conviction of 123 accused, the government told Parliament on Tuesday. Forty-three of 104 accused persons were convicted in the 55 cases in the last five years, it said. The ED has secured convictions in 43 cases since 2020-21. (X) “As of December 31, 2025, the special courts of PMLA have delivered judgments, on merits, on the issue of money-laundering in 58 cases, out of which conviction orders have been passed in 55 cases convicting 123 accused. Accordingly, the conviction rate, ie, total number of cases in which accused have been convicted as a percentage of total cases decided on merits on the issue of money laundering is 55/58*100=94.82%,” minister of state for finance Pankaj Chaudhary said in Rajya Sabha in response to Samajwadi Party member Ramji Lal Suman’s question. “ED has secured convictions in 43 cases since 2020-21, wherein 104 …

In less than 4 years, Winzo siphoned off Rs 3,522 crore as AI, BOTs defeated genuine gamers: ED to Bengaluru special court | Bangalore News

In less than 4 years, Winzo siphoned off Rs 3,522 crore as AI, BOTs defeated genuine gamers: ED to Bengaluru special court | Bangalore News

Published by Parlour News

The zonal office of the Enforcement Directorate (ED) Friday filed a prosecution complaint before a special court in Bengaluru against Winzo Pvt Ltd along with its directors and others, alleging that Rs 3,522 crore were siphoned off in less than four years. The ED had initiated an investigation into the matter on the basis of multiple FIRs registered by Bengaluru CEN police station and police authorities in Rajasthan, New Delhi, and Gurugram. In raids conducted between November 18 and December 30 last year on the Winzo office, directors’ residences, and other places, the investigating agency had seized Rs 690 crore. The ED said Friday, “The company, Winzo, is into the business of hosting Real Money Games (RMG) through its mobile application, offering more than 100 number games with a claimed user base of about 25 crore users, largely from Tier-3 and Tier-4 cities. For providing these RMG services, the company charges a certain percentage of the betting amounts of the users, as commission. Further, the company also assured its users that its gaming platform is …

‘Fake’ Patients And Forged Accreditations: Anatomy Of Al-Falah University ‘Fraud’ | India News

‘Fake’ Patients And Forged Accreditations: Anatomy Of Al-Falah University ‘Fraud’ | India News

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Last Updated:January 17, 2026, 18:03 IST The ED has detailed a massive financial scam by the institution, quantified at nearly Rs 493 crore The agency alleges that chairman Jawad Ahmed Siddiqui and the Al-Falah Charitable Trust ‘dishonestly induced’ thousands of students and their parents into paying substantial tuition and examination fees under false pretences. File image The Enforcement Directorate (ED) has unveiled a series of startling allegations against Al-Falah University and its chairman, Jawad Ahmed Siddiqui, painting a picture of systemic institutional fraud. Central to the agency’s 260-page chargesheet is the claim that the university systematically “hired” fake patients to populate its medical college hospital. This elaborate charade was allegedly designed to deceive inspectors from medical regulatory bodies into believing that the hospital met the mandatory clinical requirements and patient-load standards necessary for maintaining its medical degree certifications. Beyond the “ghost patients”, the ED has detailed a massive financial scam quantified at nearly Rs 493 crore. The agency alleges that Siddiqui and the Al-Falah Charitable Trust “dishonestly induced” thousands of students and their parents into paying …

ED Attaches Al-Falah University’s Rs 140-Crore Assets, Files Chargesheet Against Chairman | India News

ED Attaches Al-Falah University’s Rs 140-Crore Assets, Files Chargesheet Against Chairman | India News

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Last Updated:January 17, 2026, 05:18 IST The action follows a wider crackdown on the institution after it emerged as a key focal point in a ‘white-collar’ terror module linked to the devastating Red Fort blast in Delhi The attached properties include 54 acres of land in the Dhauj area of Faridabad, along with the university’s main administrative buildings, departmental blocks, and student hostels. File pic/PTI The Enforcement Directorate (ED) on Friday provisionally attached immovable assets worth approximately Rs 140 crore belonging to the Haryana-based Al-Falah University. The action, taken under the Prevention of Money Laundering Act (PMLA), follows a wider crackdown on the institution after it emerged as a key focal point in a “white-collar” terror module linked to the devastating Red Fort blast in Delhi on November 10, 2025. The attached properties include 54 acres of land in the Dhauj area of Faridabad, along with the university’s main administrative buildings, departmental blocks, and student hostels. The ED has categorised these assets as “proceeds of crime”, alleging that the university’s chairman, Jawad Ahmed Siddiqui, and the Al-Falah Charitable Trust generated …