The Enforcement Directorate had previously filed a case against Unitech over allegations that its owners illegally diverted over Rs 2,000 crore to Cyprus and the Cayman Islands.
The court also asked Dhoot to surrender his passport and said he must appear before ED when required for probe in the alleged ICICI Bank-Videocon money laundering case.
The officials said that the PMLA probe is related to alleged drugs trafficking and a fake passport case, adding that a few accused in the case are lodged in jail.
The ED said it conducted raids at the registered offices of some companies who were illegally running online betting apps on websites which are hosted from outside India.
ED said the action was undertaken by French authorities on its request and the agency found a large sum was remitted abroad from the bank account of Kingfisher Airlines for the asset.
The ED said the searches resulted in the recovery of evidence of money laundering as the bank accounts have been found to be used for routing suspicious transactions.
Solicitor General Tushar Mehta informed the apex court bench that ED won't take this action in pursuance of the ECIR registered in ICICI Bank-Videocon Group case.
Revelations are based on a leaked trove of documents which detail more than $2 trillion in transactions between 1999-2017, flagged as possible money laundering or criminal activity.
For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.
Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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