Directorate of Enforcement(ED), Madurai Sub Zonal Office has arrested 4 persons R. Aravinth, S. Gopalakrishnan, S. Bharathraj, (the three Directors of M/s. Bluemax Capital Solutions Pvt. Ltd.) and their associate J. Amarnath of Tuticorin on

The Directorate of Enforcement (ED) has made significant progress in a money laundering case involving the diversion and misutilization of crores of funds of the Andhra Pradesh government disbursed for the implementation of "Siemens Projects"

The Enforcement Directorate (ED) arrested Saumya Chaurasi, a Deputy Secretary in the Chhattisgarh Chief Minister Bhupesh Baghel’s Office in relation to the allegations in the Coal Extortion Case. She was summoned for questioning and was

The Central Government had asked Non-Compliant Non-Banking Financial Companies ( NBFC ) to fulfil their obligations under Prevention of Money Laundering ( PML ) Rules. Prevention of Money Laundering Act, 2002 (PMLA) and the Rules impose

Reportedly, the Government is planning to insert penal provisions in Prevention of Money Laundering Act so as to impose penalty on Chartered Accountants who helps their clients in money laundering. An article published in Hindustan

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today has approved the signing of Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India(ICAI) and the Polish Chamber of Statutory

The Punjab and Haryana High Court granted bail to a person accused of Money Laundering by earning huge amounts in cash through Hawala business in the Netherlands. The case has been registered against petitioner, Shiv

Vijay Shekhar Sharma, the visionary behind India's premier digital payment platform Paytm, held a brief meeting with Finance Minister Nirmala Sitharaman on Tuesday, February 6. This rendezvous comes amidst a tumultuous period for Paytm Payments

Directorate of Enforcement (ED) has provisionally attached 90 immovable properties, luxurious vehicles, jewellery & cash worth Rs 51.40 Crore belongs to Ms Ranu Sahu IAS, Suryakant Tiwari, Devender Yadav, MLA, Chandradev Prasad Rai, MLA, R

The Enforcement Directorate (ED) has arrested the CA for issuing Form 15 CB to some entities allegedly involved in Money Laundering. The arrest of a Chartered Accountant for issuing Form 15 CB for some entities

The Bombay High Court refused to grant bail to Ramchand Karunakaran, Managing Director of IL&FS Transportation Networks accused of Money Laundering to the tune of INR 27.78 Crores. The applicant, Ramchand Karunakaran has seeked his

The Madras High Court has quashed a case registered under the Prevention of Money Laundering Act (PMLA) by the Enforcement Directorate ( ED ) against DMK MP S Jagathrakshakan. A case was registered against Jagathrakshakan

In a significant money laundering case against Binnesh Koderi who is the son of Former CPI(M) Leader Kodiyeri Balakrishnan, the Karnataka High Court stayed the Enforcement Department (ED) Proceeding under PMLA Act, after the Arrest.

The Enforcement Directorate, last week arrested a Chartered Accountant on money laundering charges under the Prevention of Money Laundering Act for illegally routing an estimated Rs. 834 crore. Dinesh Jajodia, a Mumbai-based Chartered Accountant was arrested by

The Supreme Court of India directed to conclude the trial in a reasonable time even though more time was needed to investigate economic offences under the Prevention of Corruption Act, 1988 and the Prevention of