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Thursday, August 14, 2025
TopicAnti-Money Laundering Act

Topic: Anti-Money Laundering Act

ED raids over 15 locations in Bengaluru in Rs 100-crore Souharda Bank ‘scam’

The alleged multi-crore fraud involves allegations of cheating by more than 15,000 depositors who were duped with false promises of unusually high returns.

FIU-IND, IRDAI Strengthen Anti-Money Laundering Fight

Collaboration aims to enhance coordination and information sharing in the fight against financial crimes.

ED arrests businessman Amit Arora on money laundering charges in Delhi excise policy case

The CBI, in a chargesheet, said Arora & 2 others were involved in 'managing & diverting the undue pecuniary advantage collected from liquor licenses'.

ED probes crypto exchange Binance in betting app laundering case

Binance has been facing regulatory crackdown as nations intensify scrutiny of crypto industry amid concerns that it is being used to conceal proceeds of money laundering & terrorism.

Pakistan sets up cell to check money laundering, terror financing to exit FATF’s grey list

Islamabad: Pakistan's anti-corruption watchdog has established an anti-money laundering and terror financing cell to check financial crimes and illegal transfer of resources as the...

ED attaches over Rs 365 crore assets in Adarsh cooperative society fraud case in Rajasthan

The case pertains to ED taking cognisance of FIR against the Adarsh Credit Cooperative Society Limited (ACCSL) and its promoters for duping about 20 lakh people in Rajasthan.

Delhi court grants bail to Rajeev Saxena in AgustaWestland case

The court also imposed certain conditions on Saxena and said he will not tamper with evidence and join investigation as and when called.

Money parked by Indians in Swiss banks rose by over 50% last year

The surge comes as a surprise given India's clampdown on suspected black money stashed abroad.

On Camera

Trump is swinging on Russia again. What this means for Europe’s security architecture

The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

2 Agniveers awarded Sena Medal for gallantry in Op Sindoor, a first since Agnipath launch

This marks the first time that Agniveers have received gallantry awards. They are the Army's short-term recruits under the Agnipath scheme.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.