Prevention of Money Laundering Act Archives - Page 4 of 8

ED initiated PMLA investigation based on multiple FIRs registered in Pune against the ex-chairman and other directors, officials and loan defaulters

ED arrests ex-chairman of Seva Vikas Co-operative Bank in Rs.429 cr...

PGurus Newsdesk - July 5, 2023 0

ED arrests Amar Sadhuram Mulchandani in Rs.429 cr Seva Vikas Co-operative bank fraud On Wednesday, the Enforcement Directorate (ED) said that Amar Sadhuram Mulchandani, the...

The notice pertains to the Department's recent proceedings in which Ansari's benami property worth Rs.12 cr was attached

Law and Order

I-T Dept slaps notice to Mukhtar Ansari in jail

PGurus Newsdesk - April 28, 2023 0

More trouble ahead for jailed Mukhtar Ansari; I-T Dept sent notice in benami property case The Income Tax (I-T) Department has served a notice to...

The FIR against the Indian arm of the global NGO Oxfam was registered based on a complaint from the MHA

Money Laundering

CBI raids international NGO Oxfam for violations in receiving foreign donations...

Team PGurus - April 19, 2023 2

Trouble mounts for Oxfam India as CBI registers FIR over alleged misuse of foreign funds The Central Bureau of Investigation (CBI) has registered an FIR...

Despite slow action, the ED is going systematically after Karti for taking bribes in the INX-Media case

Corruption

ED attaches Karti Chidambaram’s estate in Coorg district in connection with...

Team PGurus - April 19, 2023 2

Attaching assets is fine, but when is Karti going to do jail time? The Enforcement Directorate (ED) on Monday attached Karti Chidambaram’s estate in Karnataka's...

Justice Dinesh Kumar Sharma said that Jain is an influential person and cannot be said to have satisfied the twin conditions for bail under the PMLA

Law and Order

Delhi High Court denies bail to Satyendar Jain, aides in money...

PGurus Newsdesk - April 6, 2023 1

Big setback for former AAP minister Satyendra Jain as Delhi HC rejects bail On Thursday, the Delhi High Court dismissed the bail plea of Aam...

Is selling MBBS seats in Pakistan to Kashmiri students a new ploy to radicalize the youth & fund terror activities?

Fraud

ED searches at 10 places in Kashmir in the case linked...

Team PGurus - March 14, 2023 0

Selling of MBBS seats in Pakistan: ED conducts searches at multiple sites in Valley The Enforcement Directorate (ED) has searched 10 places across four districts...

The government has amended rules under the anti-money law, making it mandatory for banks and financial institutions to record financial transactions of politically exposed persons (PEP)

Laws

Centre amends anti-money laundering rules; brings politically exposed persons under the...

PGurus Newsdesk - March 11, 2023 0

Centre amends rules under anti-money law, tight grips over NGOs funding Centre has amended rules under the anti-money law, making it mandatory for banks and...

Any participation in transactions involving virtual digital assets or cryptocurrency would come under the PMLA, the Centre has said

Investing

India imposes money laundering regulations on crypto transactions

PGurus Newsdesk - March 8, 2023 2

The exchange between virtual digital assets and fiat currencies to come under PMLA The Indian government has taken a major step to regulate the cryptocurrency...

Ayyub had moved the apex court against the summons issued by a Ghaziabad court in connection with a PMLA case

Fraud

‘Used money for personal enjoyment’, ED to Supreme Court on Rana...

PGurus Newsdesk - January 31, 2023 2

SC reserves verdict on plea of journalist Rana Ayyub against summons in money laundering case On Tuesday the Enforcement Directorate (ED) said journalist Rana Ayyub...