Tag: #Enforcement Directorate

Five victims of the Sahiti Infra scam in Hyderabad receive assistance

July 27, 2023

HYDERABAD: The Hyderabad District Consumer Disputes Redressal Commission-3 ordered a refund of the amount spent by the customers along with a compensation of $50,000, which was a relief for five homebuyers who had paid for flats advertised by the scam-hit Sahiti Infra. The police and Enforcement Directorate are looking into the firm. Vishwanadham Keshetti, a […]

Five victims of the Sahiti Infra scam in Hyderabad receive assistancemore

ED attaches properties of Surya Vinayak Industries of Rs 66 crore under PMLA case.

March 20, 2020

On Thursday, the Enforcement Directorate (ED) said it has attached properties to the tune of Rs 66 crore of many persons implicated in a case involving Surya Vinayak Industries in a Rs 2,206 crore bank scam. The ED, in a report, said that in the case of Surya Vinayak Industries Ltd. and its group companies […]

ED attaches properties of Surya Vinayak Industries of Rs 66 crore under PMLA case.more

Yes Bank founder Rana Kapoor experiences raid in his residence by ED.

March 7, 2020

On Friday, the Enforcement Directorate raided Yes Bank founder Rana Kapoor’s Mumbai residence in connection with an investigation of money laundering against him and others, officials said. They said that the raid was carried out in his residence at Samudra Mahal. Also, the officials said Kapoor is being questioned at his house by the ED […]

Yes Bank founder Rana Kapoor experiences raid in his residence by ED.more

BMC intends to retrieve Rs 10 crore tax from Nirav Modi’s properties.

March 6, 2020

In a desperate bid to recover Rs 9.42 crore, owed by alleged economic offender Nirav Modi as property tax, the BMC has written to the Enforcement Directorate seeking to be paid as soon as the agency auctions the three commercial properties of the elusive diamantaire. A senior civic official said BMC has the first claim […]

BMC intends to retrieve Rs 10 crore tax from Nirav Modi’s properties.more

Crisis of the DHFL: ED arrests CMD Kapil Wadhawan under money laundering case, suspected to be in contact with Iqbal Mirchi.

January 29, 2020

Dewan Housing Finance Ltd (DHFL) CMD Kapil Wadhawan, 46 years old, has been arrested and brought before the specified PMLA court by the Enforce Directorate (ED), under the Prevention of Money Laundering Act (PMLA) and held under the custody of the ED until 29 January 2020. The court accepted the Agency’s claim that Wadhawan’s remand […]

Crisis of the DHFL: ED arrests CMD Kapil Wadhawan under money laundering case, suspected to be in contact with Iqbal Mirchi.more

IL&FS Financial Services have laundered Rs 5,000 crores of shareholder funds, ED reports.

June 24, 2019

By Abhay Shah, Realty Quarter On Thursday, The Enforcement Directorate told a Mumbai court that a subsidiary of the crisis-hit IL&FS Group called as IL&FS Financial Services (IFIN), alone had supposedly laundered more than Rs.5,000 crores of shareholder funds. In a remand application submitted to the special court, the ED asserted that the group was […]

IL&FS Financial Services have laundered Rs 5,000 crores of shareholder funds, ED reports.more

First Direct Charge Sheet Filed against Zakir Naik – Enforcement Directorate.

May 3, 2019

By Abhay Harish Shah , Realty Quarter Enforcement Directorate also known as ED has filed an immediate charge sheet against Islamic preacher Zakir Naik. Zakir Abdul Karim Naik is an Indian Islamic preacher and the organizer and leader of the Islamic Research Foundation (IRF). He is also the founder of the Peace TV channel through […]

First Direct Charge Sheet Filed against Zakir Naik – Enforcement Directorate.more