PMLA News

A Bench presided over by Justice Hrishikesh Roy noted that the Enforcement Directorate (ED) in October last year, while opposing the bail plea of co-accused Manish Sisodia, had assured the apex court that trial in the excise policy case should be concluded within six to eight months.

The ED covered around 20 locations in Karnataka, Andhra Pradesh, Telangana and Maharashtra as part of its investigation in the case registered under the Prevention of Money Laundering Act (PMLA)  

The CPI(M) manifesto promises to scrap all "draconian" laws such as the UAPA and the PMLA.

The ED justified Kavitha's arrest under the Prevention of Money Laundering Act, citing her alleged involvement in offences related to the act.

The government action comes on a day when an accused in the Mahadev app case, in a video statement, claimed that Chhattisgarh Chief Minister Bhupesh Baghel had asked him to go to the UAE.

The ED had recently attached properties worth Rs 40 crore belonging to RK Arora in this matter. 

Incidentally, neither did Bhattacharya`s wife Satarupa Bhattacharya nor son Souvik Bhattacharya moved any bail plea at the special court on Monday, though both have earlier moved the Calcutta High Court challenging Enforcement Directorate (ED)`s move to name them in the supplementary charge sheet in the scam.

Special judge R N Rokade pronounced the verdict rejecting Malik's bail plea. Nawab Malik was arrested by ED on the allegation of buying a property at a lower rate than market value from gangster Dawood Ibrahim

AAP leader Tahir Hussain's petition challenged the trial court's November 3 order by which charges for the alleged offence under Sections 3 (offence of money laundering) and 4 (punishment for the offence of money laundering) of the PMLA were framed against him.

Delhi court will rule on the bail applications of the Aam Aadmi Party Special Judge Vikas Dhull, who was scheduled to issue the order

Delhi Excise Policy case: They have been arrested under the provisions of Prevention of Money Laundering Act (PMLA), said reports. Earlier, the two were arrested by the Central Bureau of Investigation (CBI) and remanded into judicial custody after questioning. The court was all set to hear arguments on their bail application later in the day.

Sanjay Raut got bail from the court after being in custody since July 31 for the Patra Chawl scam case. He was arrested by Enforcement Directorate under money laundering case.

Statutory bail has also been denied to ex AAP Councillor Tahir Hussain by the court in connection with North-East Delhi riots case which claimed 53 lives in 2020

The ED probe revealed that ABG Shipyard Ltd and its Chairman & Managing Director Rishi Kamlesh Agarwal availed various credit facilities/loans from a consortium of Banks on the pretext of meeting its capital requirements and other business expenses. 

ED raided six premises in Kolkata regarding probe to mobile gaming application fraud. ED has been carrying out search operation under PMLA. A mobile gaming application namely E-Nugget was designed to fraud public.

In a joint statement, leaders of as many as 17 parties said that the judgment will "strengthen" the hands of a government that "indulges in political vendetta" to target its opponents.

The Supreme Court on Wednesday upheld the Enforcement Directorate's powers relating to arrest, attachment of property involved in money laundering, search and seizure under the PMLA that were challenged by multiple petitioners including Congress' Karti Chidambaram.

The SC will deliver its judgment on a batch of pleas challenging the various provisions of the PMLA today The verdict is likely to affect a huge number of opposition leaders who are under the scanner of the Central investigating agency The SC said that its judgment on the pleas challenging the provisions of the Prevention of Money Laundering Act is "almost ready"