All posts tagged: Enforcement Directorate

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

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 opposes Jacqueline Fernandez’s plea to turn approver in money laundering case

ED opposes Jacqueline Fernandez’s plea to turn approver in money laundering case

The Enforcement Directorate on Monday opposed Bollywood actor Jacqueline Fernandez’s plea seeking to be an approver in the money laundering case against Sukesh Chandrasekhar, stating that the actress had actively benefited from the proceeds of crime and was now attempting to escape prosecution. The federal agency told special judge that Fernandez was not an “unwitting victim” as she claimed in her plea. (Jacqueline Fernandez Facebook page) The federal agency told special judge Prashant Sharma of Patiala House courts that Fernandez was not an “unwitting victim” as she claimed in her plea, and remained in constant touch with Chandrasekhar despite being aware of his criminal antecedents. They added that Fernandez was an active recipient of all the gifts arranged by Chandrasekar for her out of the proceeds of crime. The response stated, “This consistent interaction through numerous ways of communication and receipt of benefits negates any claim of an unwitting victim and instead highlights her conscious association with the main perpetrator and with the illicit gains”. The agency said that Fernandez’s conduct during the investigation had …

ED raids Punjab Minister Sanjeev Arora, linked persons again

ED raids Punjab Minister Sanjeev Arora, linked persons again

File photo of Punjab Minister Sanjeev Arora. | Photo Credit: ANI The Directorate of Enforcement (ED) on Saturday (May 9, 2026) raided the premises of Punjab Industries Minister Sanjeev Arora and his associates on suspicion of ‘large scale’ money laundering. The ED is reportedly conducting the searches at five locations across Delhi, Gurugram, and Chandigarh, including the official residence allotted to Mr. Arora. The raids are also being conducted at office premises associated with Hampton Sky Realty Limited and other linked entities. According to an official, the ED had allegedly detected a case of large scale money laundering done by Sanjeev Arora through his company in fake Goods and Service Tax (GST) purchases of mobile phones of more than ₹100 crores and subsequent exports to round trip illegitimate funds from Dubai to India. The searches are being conducted under the provisions of Prevention of Money Laundering Act (PMLA), 2002. Officials alleged that multiple fake GST purchase bulls have been obtained from non existing firms in Delhi to claim fake ITC and also refund of GST …

Ajay Devgn pledges for financial integrity: ‘Let’s protect our nation’

Ajay Devgn pledges for financial integrity: ‘Let’s protect our nation’

Bollywood superstar Ajay Devgn is still not over his Raid 2 character a year after its release. On Monday, the actor took to his X, formerly Twitter, and shared a post in which he lauded the Enforcement Directorate (ED) in their campaign to stop the financial crimes in the country. He wrote, “I’ve taken the pledge for financial integrity. It’s time we stand together against financial crime. Are you with me? Let’s protect our nation! dir_ed”. 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

Delhi court grants bail to I-PAC co-founder Vinesh Chandel in Bengal coal scam-linked money laundering case

Delhi court grants bail to I-PAC co-founder Vinesh Chandel in Bengal coal scam-linked money laundering case

A Delhi court on Thursday granted bail to I-PAC co-founder and director Vinesh Chandel in a money laundering case linked to an alleged coal scam in West Bengal. Additional Sessions Judge Amit Bansal noted that the Enforcement Directorate (ED) has not opposed the bail plea. Earlier on April 14, the court had allowed the ED to quiz Chandel in its custody for 10 days, saying there are reasons to believe that he was actively involved in processes and activities connected with the generation, diversion and possession of proceeds of crime worth several crores. The ED arrested Chandel on April 13 after questioning. 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

Delhi court grants bail to I-PAC director after ED no objection

Delhi court grants bail to I-PAC director after ED no objection

A Delhi court on Thursday granted bail to political consultancy firm I-PAC director Vinesh Chandel in a money laundering case being investigated by the Enforcement Directorate (ED), after the federal agency did not oppose Chandel’s appeal, noting the cooperation extended by him during the probe. The counsel for the accused, senior advocate Vikas Pahwa, submitted that since ED had not opposed the bail plea. (Representative file photo) In a four-page order passed by additional sessions judge Amit Bansal of Patiala House Courts, the judge said that Chandel was being let out on bail on a personal bond of ₹2 lakhs and one surety of the like amount. During the proceedings, special public prosecutor Simon Benjamin told the court that without any prejudice to the rights and contentions of ED during the trial, the agency was not opposing Chandel’s bail, however, it requested the court to impose appropriate conditions upon the accused while he is released. The investigating officer of the case further told the court that Chandel provided “certain valuable leads and information relevant to …

ED raids in case against former Punjab Police DIG Bhullar, linked entities

ED raids in case against former Punjab Police DIG Bhullar, linked entities

Logo of Enforcement Directorate. Twitter/@dir_ed The Directorate of Enforcement (ED) on Monday (April 27, 2026) conducted searches at multiple locations in Punjab as part of a money laundering probe against former State police DIG Harcharan Singh Bhullar and entities linked to him, officials said. They said about 11 premises in Chandigarh, Ludhiana, Patiala, Nabha and Jalandhar linked to the accused, his associates and suspected benamidars (the owner in whose name a benami property is held) are being covered under the Prevention of Money Laundering Act (PMLA). Published – April 27, 2026 10:02 am IST 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 raids nine places in Bengal in Public Distribution System ‘scam’ case| India News

ED raids nine places in Bengal in Public Distribution System ‘scam’ case| India News

The Enforcement Directorate (ED) on Saturday conducted searches at nine places across West Bengal in connection with its ongoing money laundering probe in the Public Distribution System (PDS) scam case, officials said. ED’s Kolkata zonal office is conducting the searches based on its investigation initiated in this case, (HT File) The raids have been underway since early morning under the Prevention of Money Laundering Act, 2002 (PMLA) at the premises linked to suppliers and exporters located in Kolkata, Burdwan, and Habra, linked to Nirajan Chandra Saha and Ors in the case. ED’s Kolkata zonal office is conducting the searches based on its investigation initiated in this case, primarily based on West Bengal Police First Information Report (FIR) dated October 23, 2020, registered at Basirhat Police Station on the complaint of Deputy Commissioner of Customs, Ghojadanga LCS, alleging large-scale diversion of PDS wheat meant for welfare schemes. The places being searched included the office and residential premises of Susanto Saha and his firm, Sagar Enterprises, in North 24 Parganas; Samir Kumar Chandra and Partha Saha and …

Supreme Court slams Mamata Banerjee over ED raid obstruction, says ‘democracy in jeopardy’| India News

Supreme Court slams Mamata Banerjee over ED raid obstruction, says ‘democracy in jeopardy’| India News

The Supreme Court on Wednesday said that West Bengal chief minister Mamata Banerjee had put “the whole democracy in jeopardy” by allegedly obstructing search operations carried out by the Enforcement Directorate (ED) at the Kolkata offices of political consultancy firm I-PAC and the residence of its director Pratik Jain earlier this year. West Bengal Chief Minister Mamata Banerjee. (@AITCofficial) In strong remarks a day ahead of the first phase of West Bengal polls, a bench of justices Prashant Kumar Mishra and NV Anjaria made it clear that the controversy went beyond a routine Centre-state dispute, framing it instead as an instance of individual conduct by a constitutional functionary with far-reaching implications. “This is not a dispute between the State and the Union. A chief minister of any state cannot walk in the midst of an investigation, put the democracy in peril…This is per se an act committed by an individual who happens to be the Chief Minister keeping the whole democracy in jeopardy,” the bench observed. The court added that even constitutional thinkers such as …

Enforcement Directorate raids Kolkata police officer in PMLA case

Enforcement Directorate raids Kolkata police officer in PMLA case

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