PMLA News

Non-bailable warrant issued against Mehul Choksi by PMLA court

Non-bailable warrant issued against Mehul Choksi by PMLA court

India Today was first to access the chargesheet and reveal the findings. The issuance of NBW would now help the agency to take action against Choksi under the Fugitive Act. Sources say the ED's next step would be to seek Fugitive Economic Offender tag ...

Companies fear RBI rule likely to rake up past violations

Companies fear RBI rule likely to rake up past violations

MUMBAI: Many in the corporate world are shaken by Reserve Bank of India's queries on foreign investments that companies have received over the years, the declarations they have to give along with the information, and the probable consequences of ...

Vijay Mallya summoned by PMLA court on August 27 under new Fugitive Ordinance

Vijay Mallya summoned by PMLA court on August 27 under new Fugitive Ordinance

Days after the Enforcement Directorate (ED) moved a special court to declare him a fugitive economic offender, a special PMLA (Prevention of Money Laundering Act) court on Saturday summoned embattled liquor baron Vijay Mallya on August 27 under the ...

ED trying to unearth Popular Front of India 's funding channels

ED trying to unearth Popular Front of India 's funding channels

The Enforcement Directorate (ED) is scrutinising the findings of the police investigation against the Popular Front of India (PFI) in several States for initiating action under the Prevention of Money Laundering Act (PMLA). According to the probe ...

PNB Fraud: ED reaches Singapore to track Nirav Modi while he basks in UK

PNB Fraud: ED reaches Singapore to track Nirav Modi while he basks in UK

Both left India in January, a few weeks before the scam came to light. It was earlier reported that Choksi could be residing in the US. The Interpol had earlier issued a red corner notice against Nirav Modi. With the notice being issued, it would ...

Absconding diamantaire Nirav Modi's uncle Mehul Choksi not in United States: Interpol

Absconding diamantaire Nirav Modi's uncle Mehul Choksi not in United States: Interpol

India has written back to the Interpol seeking further details of Choksi's whereabouts, the sources added. On June 11, the Enforcement Directorate (ED) filed two separate applications in a special Prevention of Money Laundering Act (PMLA) court in ...

PNB fraud: ED moves court seeking fugitive offender tag against Nirav Modi, Mehul Choksi

PNB fraud: ED moves court seeking fugitive offender tag against Nirav Modi, Mehul Choksi

The Enforcement Directorate (ED) today moved a special PMLA court here seeking to declare diamond traders Nirav Modi and Mehul Choksi as 'fugitive economic offenders' and to confiscate their assets worth Rs 3,500 crore in the USD 2 billion PNB fraud ...

Vyapam: ED files first charge sheet under PMLA

Vyapam: ED files first charge sheet under PMLA

Indore, Jul 13 (PTI) The Enforcement Directorate (ED) today filed a charge sheet in the Vyapam scam case of Madhya Pradesh and charged alleged mastermind Dr Jagdish Sagar and others under the anti-money laundering law, the agency said. It said apart ...

HC dismisses Nalini Chidambaram's appeal against ED summons

HC dismisses Nalini Chidambaram's appeal against ED summons

Section 50 (2) of the Prevention of Money Laundering Act (PMLA) gave sufficient ammunition to an authority to summon any person whose attendance was considered necessary for investigation, a bench of justices MM Sundresh and Anand Venkatesh said.

PNB scam: Accused challenges PMLA court's jurisdiction, seeks case transfer to CBI court

PNB scam: Accused challenges PMLA court's jurisdiction, seeks case transfer to CBI court

Mumbai, Jun 27 () An accused in the multi-crore Punjab National Bank (PBM) scam today moved the PMLA court here challenging its jurisdiction and sought transfer of the case to CBI court. Besides, another accused in the case today filed an application ...