scorecardresearch
Thursday, August 14, 2025
TopicMoney laundering

Topic: money laundering

‘Can appeal acquittal in predicate offence’. How Madras HC ruling in Lottery King’s case empowers ED

It quashed a lower court order accepting TN police's closure report in a 2012 cheating case against Santiago Martin based on which ED had started its anti-money laundering probe.

Delhi court grants bail to AAP leader Satyendra Jain, cites ‘delay in justice’

While giving the order, the court noted that Jain had been in jail for over 18 months & that the trial may be a long time away.

How ED uses publicly available info to identify money laundering, tactic behind 50% PMLA cases in 5 yrs

Apart from social media posts, news reports & other open sources have also contributed massively to ED’s attempt to curb rerouting of illicit money over the last five years.

India ‘largely compliant’, says terror funding watchdog FATF, highlights low prosecution as shortcoming

Report by Financial Action Task Force highlights long-pending trials & shows India hasn't adapted to updated practices to prevent misuse of non-profit organisations in terrorist financing.

ED raids 4 locations linked to tainted Bihar IAS officer. ‘Batchmate sought help to sort govt matters’

In the raids on locations linked to Sanjeev Hans, about Rs 85-90 lakh cash, 13 kg of silver bullions & incriminating documents like details of hawala transactions were seized, it is learnt.

In remand application for Amanatullah Khan, ED cites ‘false papers’, seized diary & ‘proxy firms’

While one sale deed showed value of property at Rs 13.4 crore, a copy of another from seized mobile of his associate pegs it at Rs 36 crore, alleges federal agency.

Delhi court releases Maltese citizen Nitin Bhatnagar in bank fraud involving Kamal Nath’s nephew

Charges against Bhatnagar were dropped due to lack of 'admissible' evidence. The ED had accused him of 'layering of the proceeds of crime' for Nath's nephew Ratul Puri.

Relief for Nalini Chidambaram in Saradha case, PMLA court dismisses ED’s money laundering charges

ED had alleged that senior advocate received Rs 1.34 crore from Saradha Group without paperwork. Lawyers getting fees from tainted individuals not uncommon, says judge.

Synthetic diamonds, shell companies, overvalued jewellery — how money is laundered in diamond trade

Modus operandi employed by diamond jewellery businesses to launder money involves import of cheap, synthetic diamonds that are usually overvalued by over 100 times, it is learnt.

ED arrests Haryana Congress MLA Surender Panwar in ‘illegal’ mining-linked money laundering case

The PMLA case stems from multiple FIRs by Haryana Police for probing alleged illegal mining in Yamunanagar and nearby areas, despite an NGT ban on boulders, gravel, and sand mining.

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

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.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

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.