Tag: #Enforcement Directorate

New Delhi, May 21 (UNI) Enforcement Directorate on Friday said that it has conducted multiple raids in Delhi and NCR region, including the residence of businessman Navneet Kalra in connection with its case under Prevention of Money laundering Act (PMLA) in the hoarding and black-marketing of oxygen concentrators racket busted by Delhi Police early this month.

New Delhi, Apr 30 (UNI) Enforcement Directorate (ED) on Friday said that it has taken possession of movable and immovable properties worth Rs 304 crore of Rose Valley Group of companies in a money laundering case. A special drive was undertaken by Kolkata ED officials for confiscating properties of Rose Valley Group of companies, throughout West Bengal, Tripura and Odisha under PMLA which resulted in taking over possession of 412 movable properties amounting to Rs 47 crore and 426 immovable properties amounting to Rs 257 crore.

New Delhi, Mar 9 (UNI) Enforcement Directorate (ED) on Tuesday said that it has attached seven sugar mills owned by Mohd Iqbal and his family members valuing about Rs 1097 Crore under the provisions of the Prevention of Money Laundering Act, 2002. The present valuation of these seven sugar mills comes to about Rs 1097 Crore which were sold to Mohd. Iqbal and his family members at a throwaway price at Rs 60.28 Crore through disinvestment process in year 2010-11

New Delhi, Mar 4 (UNI) Enforcement Directorate (ED) on Thursday said that it has filed has filed a prosecution complaint against Indian Technomac Company Limited, its Managing Director Rakesh Kumar Sharma, Director Vinay Kumar Sharma and 12 other accused under the Prevention of Money Laundering Act, 2002.

New Delhi, Feb 23 (UNI) Enforcement Directorate (ED) on Tuesday said that it has provisionally attached assets worth over Rs one Crore of Jharkhand Ispat Private Limited in illegal coal block allocation case under Prevention of Money Laundering Act (PMLA) 2002.

Mumbai, Feb 15 (UNI) A court here on Monday remanded actor and businessman Sachiin Joshi into Enforcement Directorate (ED) custody till Feb 18 for his alleged involvement in a money laundering case. He was arrested on Sunday in connection with ongoing probe into Omkar Group under the provisions of Prevention of Money Laundering Act (PMLA).

New Delhi, Jan 23 (UNI) Enforcement Directorate (ED) on Saturday said that it has filed a prosecution complaint which is equal to the charge sheet against the two directors Radhe Shyam and Bansi Lal of a Hissar based Multi Level Marketing (MLM) Scheme promoting company Maker Lifecare Pvt Lt and FMLC Global marketing Pvt Ltd in a money laundering case before Panchkula Special Court for PMLA cases.

New Delhi, Jan 21 (UNI) Enforcement Directorate (ED) on Thursday said that it has filed a prosecution complaint against PVS Sarma, director of Sanket Media Private Limited, in connection with a money-laundering case.

New Delhi, Dec 23 (UNI) Directorate of Enforcement (ED) on Wednesday said that it has arrested Avva Venkata Rama Rao, Avva Venkata Seshu Narayana Rao, Avva Hema Sundara Vara Prasad, the main accused in the PMLA investigation into the Rs 6380 Crore Agri Gold ponzi scam case.

Mumbai, Dec 21 (UNI) The Bombay High Court on Monday rejected the Enforcement Directorate( ED)’s plea, challenging the sessions court order of alleged cheating and criminal breach of trust registered against Jet Airways. In October, the sessions court rejected the ED’s application to intervene in the closure of the case against the cash-strapped airlines.