AAP spokesperson Reena Gupta. File The Aam Aadmi Party (AAP) on October 4 alleged that the Enforcement Directorate (ED) has “targeted” their Rajya Sabha MP Sanjay Singh as he raised issues related to the Adani Group in Parliament. “The party was reacting to the ED raids on the premises of Mr. Singh in connection with … Read more
File. | Photo Credit: PTI The Enforcement Directorate has provisionally attached movable properties worth ₹5.87 crore in the form of balances available in the bank accounts of various individuals and entities in a case related to illegal online betting and gambling. The agency’s money laundering probe is based on a First Information Report (FIR) registered … Read more
The Karnataka High Court on February 10 stayed the CBI probe against Karnataka Deputy Chief Minister D.K. Shivakumar in a corruption case. File | Photo Credit: PTI The Supreme Court on Monday declined to intervene in a Karnataka High Court’s interim stay of Central Bureau of Investigation (CBI) probe against Karnataka Deputy Chief Minister D.K. … Read more
Trinamool Congress (TMC) leader Anubrata Mondal jailed in the cattle-smuggling case being bought to ESI hospital for a checkup prior to being produced before Enforcement Directorate (ED), in Kolkata on March 7, 2023 | Photo Credit: ANI A Delhi court on Wednesday sent TMC leader Anubrata Mondal to ED custody till March 10 in an … Read more
The Enforcement Directorate (ED) has arrested liquor businessman Amandeep Dhal, Director of Brindco Sales Pvt. Ltd. In connection with its ongoing money laundering investigation into the Delhi excise policy, officials said on March 2, 2023. Mr. Dhal was taken into custody on March 1, 2023 under provisions of the Prevention of Money Laundering Act (PMLA) … Read more
TMC general secretary Abhishek Banerjee. File | Photo Credit: PTI Meghalaya Chief Minister Conrad K. Sangma will lose his seat as the ruling National People’s Party (NPP) will draw a blank in the Garo Hills, claimed senior TMC leader Abhishek Banerjee. Addressing an election rally in South Tura on February 15, he dredged up the … Read more
Government agencies have expedited efforts to further strengthen the anti-money laundering and counter-terror financing frameworks in view of the coming Financial Action Task Force (FATF) assessment of India in the fourth round of mutual evaluations expected later this year. It is learnt that the Financial Intelligence Unit is organising meetings with representatives from sectors like … Read more
Passengers wait to book tickets at the Coimbatore Railway Junction. File photo | Photo Credit: The Hindu Banking sector remains resilient and stable says RBI The Reserve Bank of India (RBI) on Friday said as per its current assessment, the banking sector remained resilient and stable. “Various parameters relating to capital adequacy, asset quality, liquidity, … Read more
Bahujan Samaj Party Telangana chief R. S. Praveen Kumar waves to supporters in Ankushapur village of the Sirpur Kagaznagar Assembly constituency. Mr. Kumar on January 3 said he would be lodging a complaint with the local police soon to ascertain attempts by the state-sponsored attackers to compromise his mobile communications. | Photo Credit: Special Arrangement … Read more
“Banks have written off ₹11.17 lakh crore bad loans from their books in the last six years till financial year 2021-22,” Parliament was informed on December 20. The non-performing assets (NPAs), including those in respect of which full provisioning has been made on completion of four years, are removed from the balance sheet of the … Read more