Enforcement Directorate has carried out search operation at 8 premises of Human Hair merchants/exporters in Hyderabad and in West Godavari District, AP under FEMA 1999. During the Money Laundering investigation by ED against Chinese Online Betting Applications, it was noticed that hawala payments to the tune of Rs. 16 Crore were paid to Human hair …
Enforcement Directorate has arrested Raman Bhuraria, CA for his assistance and complicity in Rs. 3269 Cr. bank fraud of M/s Shakti Bhog Foods Limited under the provisions of the Prevention of Money-laundering Act, 2002 from Delhi on 13.08.2021. This arrest was in continuation of rejection of his anticipatory bail by the Hon’ble Special Court and …
Enforcement Directorate has provisionally attached assets worth Rs. 134.38 Crore of M/s. Aatash Norcontrol Ltd.(M/s. ANL) under the provisions of Prevention of Money Laundering Act, 2002 in Gujarat Maritime Board scam. The attached assets are in the form of plant, machinery, computer and computer software, land and building (Rs. 90,62,18,000) and bank balances (Fix Deposits …
Enforcement Directorate has Provisionally Attached immovable assets worth Rs.4 Crore of M/s. ARA Properties under PMLA, 2002. Attached property is the land, where Corporate Office(s) of M/s. ABIL (Avinash Bhosale Infrastructure Ltd) and its other group companies are situated. Avinash Bhosale is the promoter of the ABIL group companies. Enforcement Directorate initiated money laundering investigation …
Recently, Enforcement Directorate (ED) has arrested a delhi based CA Alok Agarwal in the ongoing investigations under PMLA Act, 2002. After his arrest, CA Amresh Vashisht tweeted and asked ICAI that “is auditing a crime in thia country? There should be a ICAI statement on every CA arrest.” The tweet can be accessed by clicking …
Directorate of Enforcement (ED) has arrested Gopal Amarlal Thakur, Director of M/s Monarch Universal Group on 01.07.2021 in a case of Money laundering involving amount of more than Rs. 50 Crore. Directorate of Enforcement initiated investigation against the group on the basis of FIRs and Charge sheets filed by Maharashtra Police under the provisions of …
ED Arrested Director of M/s Monarch Universal Group in Money Laundering Case Read More »
Actress Yami Gautam has been summoned by the Enforcement Directorate (ED) today (July 2). The Vicky Donor actress has been called for questioning by the ED in an alleged violation of the Foreign Exchange Management Act (FEMA). Yami Gautam, who recently tied the knot with filmmaker Aditya Dhar, is under the ED scanner. The actress …
Yami Gautam Summoned by ED in Money Laundering Case Read More »
1st Case: ED has attached immovable assets worth Rs. 166 Crore of Varron Group of companies and its promoter, located in Mumbai, Pune and Ratnagiri under PMLA in a Bank Fraud Case. 2nd Case: ED has filed a prosecution complaint against Anumula Revanth Reddy (MP, Malkajgiri), Sandra Venkata Veeraiah (MLA from Telugu Desam Party of …
The Enforcement Directorate, ED has provisionally attached 15 properties in Dubai belonging to family members of underworld criminal Iqbal Mirchi under Prevention of Money Laundering Act, PMLA. These properties include one hotel namely Midwest Hotel Apartment and 14 others commercial and residential properties having total value of101.52 Million Arab Emirates Dirham equivalent to over Rs. …
ED attaches 15 properties of underworld criminal Iqbal Mirchi in Dubai Read More »