Gurgaon: Enforcement Directorate (ED) on Wednesday carried out searches at five locations across Delhi-NCR as part of its ongoing money laundering investigation into an alleged fraud involving three real estate developers.The three developers — CHD Developers, Ninex Developers and Manju J Homes — have been under scrutiny following complaints from hundreds of homebuyers, who alleged…
Lucknow: The Enforcement Directorate’s (ED) Allahabad Zonal Office on Wednesday conducted simultaneous searches at 11 locations in Jhansi and Lucknow in connection with a money-laundering investigation against former Samajwadi Party MLA from Garautha, Deep Narayan Singh Yadav, his family members and associates under the Prevention of Money Laundering Act (PMLA), 2002.Officials said the action was…
Jhansi: The Enforcement Directorate (ED) on Wednesday morning conducted simultaneous searches at multiple premises in Jhansi and Lucknow linked to former two-time Samajwadi Party MLA Deep Narayan Singh Yadav.The raids were carried out against Yadav as well as his associates as part of an ongoing money laundering investigation under the Prevention of Money Laundering Act…
The Allahabad High Court ruled unexplained assets are not automatically proceeds of crime. PRAYAGRAJ: The Allahabad high court has ruled that assets from unexplained or unknown sources of income cannot be presumed to be “proceeds of crime” arising from a scheduled offence under the Prevention of Money Laundering Act (PMLA), 2002.Granting bail to an accused…
Kanpur: The Kannauj administration on Tuesday attached 11 properties worth Rs 5.25 crore belonging to the gang of former block head Nawab Singh Yadav and his brother Neelu Yadav under the Gangsters Act. The attached assets include three residential buildings and eight agricultural plots, which officials said were purchased using proceeds of crime.The action was…
Panaji: The enforcement directorate (ED) on Sunday provisionally attached movable and immovable properties worth Rs 1,023.9 crore of the AVS Group, including assets located in Singapore, in connection with illegal iron ore mining case.ED investigation revealed that the AVS Group, part of the Salgaocar Group and associates, operated 10 mining leases during 2007–12 and generated…
Kolkata: Trinamool on Saturday issued a show-cause notice to former minister Aroop Biswas over his June 12 letter to HDFC Bank that led to a freeze on three of the party’s bank accounts.The party is likely to move the Calcutta High Court, questioning how police can seek a debit freeze without court orders and how…
Police seized assets of drug smugglers in Jhalawar Jaipur: Palatial mansions, sprawling villas and prime commercial properties, not a luxury real estate portfolio, but a Rs 212 crore empire that Jhalawar police claim to have dismantled in what is being described as Rajasthan’s largest crackdown on narcotics trafficking.Over the past year, Jhalawar police, in coordination…
Times News NetworkChandigarh: The Central Bureau of Investigation (CBI) has arrested Navneet Srivastava, a senior Indian Forest Service officer, in connection with alleged misappropriation of funds from an IDFC Bank account. At the time, Srivastava was serving as CEO of the Chandigarh Renewable Energy and Science & Technology Promotion Society (Crest).He was produced before a…
The central agency said its investigation stems from multiple FIRs registered by the EOW Gurgaon: Enforcement Directorate (ED) has provisionally attached immovable properties worth approximately Rs 503.4 crore in connection with its ongoing money laundering investigation against Raheja Developers Ltd (RDL), promoter-director Navin M Raheja and associated entities, taking the total value of attached assets…
