scorecardresearch
Monday, August 11, 2025
TopicMoney laundering

Topic: money laundering

UP govt scraps MoU with VueNow, blacklists it after founder’s arrest by ED in Rs 3,500 crore ‘scam’

MoU was related to setting up data centres at Rs 13,500 crore investment. At UP Global Investors Summit 2023, VueNow founder was seen speaking in presence of senior govt officials.

Himachal scholarship ‘scam’: After ED tip & its officer’s arrest, CBI reopens cases against 2 varsities

CBI charged 20 institutes in March 2024 for allegedly diverting funds in the name of scholarships to students from SC/ST categories, but 2 of them were given clean chits.

Mumbai tech firm founder had ‘history of ailment’, says police after flak over death during ED raid

Dinesh Nandwana died during an ED raid Friday, and his autopsy report is awaited. The case has spurred calls, including from Mohandas Pai, for accountability from central agencies.

Why are more ED officers landing in CBI net? It’s not an agency vs agency power tussle

In 6 months, at least 3 such cases have come to fore wherein Enforcement Directorate officers have been arrested & CBI has carried out raids at offices of economic intelligence agency.

Why Delhi HC denied IIT-BHU grad relief in PMLA case despite giving him bail in predicate case last year

The court emphasised the distinct nature of money laundering offences under PMLA, saying that bail in a predicate offence does not guarantee relief in money laundering cases.

Manipur govt sets up anti-extortion cell & helpline as cases surge to peak insurgency-era levels

The unit will include representatives from Manipur Police, CAPF, Assam Rifles & army. Data shows over 200, mainly from Meitei-dominated Imphal Valley, have been arrested for extortion.

Interpol launches ‘Silver Notice’ to track criminal assets worldwide. India played key role in move

At a pilot stage, initiative will be formalised at Interpol General Assembly to be held in Morocco at the end of the year. First silver notice was requested by Italy.

Arrested Bihar IAS Sanjeev Hans ‘accumulated Rs 100 cr assets, took bribe for contract’—ED chargesheet

In its first prosecution complaint after Hans's arrest in October, ED says the firm that won the contract to supply smart meters in Bihar in 2022-2023 routed Rs 60 crore bribes to him.

Properties unrelated to crime can’t be attached under PMLA, says Kerala High Court

Proceeds of crime, in the case of property, has been explicitly defined as those obtained or derived out of a criminal activity amounting to scheduled offence, says judge.

ED’s Aircel-Maxis case, Chidambaram’s challenge & what Delhi HC said while staying trial proceedings

On Wednesday, Justice Manoj Kumar Ohri stayed the trial proceedings against P. Chidambaram in the Aircel-Maxis case, citing the SC’s November ruling in the Bibhu Prasad case.

On Camera

There’s a method in Trump’s Pakistan romance. It’s all about Gulf security

Like Turkey and Egypt, Pakistan is one of a handful of powers with the human resources and infrastructure to help secure the Persian Gulf as Trump’s America draws down its military presence.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

Legacy of Air Chief Marshal LM Katre, the man who flew Spitfires & ushered IAF into a modern era

ACM Katre was 2nd IAF chief to die in harness. It was at a memorial lecture in his honour where IAF chief AP Singh revealed that India shot down 6 Pakistani aircraft in Op Sindoor.

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.