May 22, 2024: The Directorate of Enforcement (ED), Gurugram Zonal Office has provisionally attached properties worth Rs 58.93 crore under the Prevention of Money-Laundering Act (PMLA), 2002 belonging to IREO Group of companies and … READ FULL STORY
April 18, 2024: The Directorate of Enforcement (ED), Mumbai Zonal Office has provisionally attached the immovable and movable properties worth Rs 97.79 crore belonging to Ripu Sudan Kundra aka Raj Kundra under the provisions … READ FULL STORY
June 28, 2023: The Enforcement Directorate (ED) on June 27, 2023, arrested RK Arora, chairman of real estate developer Supertech and the chairperson of National Real Estate Development Council (Naredco), from his Delhi office. … READ FULL STORY
The Enforcement Directorate (ED), on February 3, 2020, said that it has attached three entities – Multiple Resorts Pvt Ltd, Kolkata’s St Xavier’s College and Knight Riders Sports Pvt Ltd – in connection with … READ FULL STORY
Movable and immovable assets like land, real estate projects, commercial projects, residential houses, a school, cinema hall, balances in bank accounts and fixed deposits, totalling to Rs 2,510.82 crores, of the SRS Group, its … READ FULL STORY
The Madras High Court, on October 4, 2019, refused to quash a money laundering case filed by the Enforcement Directorate (ED), against real estate firm VGN Developers Private Limited, related to the purchase of … READ FULL STORY
The government, on July 18, 2019, made the anti-money laundering law more stringent, through amendments to the Finance Bill, 2019, in the Lok Sabha, which was later approved by the house, by a voice … READ FULL STORY
The Enforcement Directorate (ED), on May 14, 2019, in a statement, said that it has ‘provisionally attached immovable properties, comprising commercially diverted land of 2,70,374 sq ft along with a shopping mall in Nagpur … READ FULL STORY
Controversial Islamic preacher Zakir Naik, on May 10, 2019, termed as a lie, the Enforcement Directorate’s (ED’s) claim that he transferred over Rs 49 crores to his bank accounts in India over a period … READ FULL STORY
The Enforcement Directorate (ED), on October 17, 2018, seized assets worth over Rs 218 crores, including diamonds and flats abroad, in the nearly Rs 13,000-crore loan fraud case probe, the agency said. It said … READ FULL STORY
The Enforcement Directorate (ED), on September 21, 2018, said that it has attached assets worth Rs 42.88 crores in India and Dubai, in connection with a money laundering probe related to a bitcoin transaction … READ FULL STORY
Over 780 benami asset attachments worth crores of rupees, run the risk of being invalidated in the near future, as the government has failed to create a designated adjudicating authority for over a year-and-a-half … READ FULL STORY
In its last meeting, on March 13, 2018, to discuss ways to better manage properties seized, frozen or confiscated under the Prevention of Money Laundering Act (PMLA), including those belonging to fugitive businessmen Vijay … READ FULL STORY
