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Wednesday, July 23, 2025
TopicPMLA

Topic: PMLA

FATF review of India’s anti-money laundering regime postponed to early 2021 due to Covid

Financial Action Task Force is a global money laundering & terrorist financing watchdog that sets international standards to prevent illegal activities.

ED to register PMLA case to probe assets linked to Vikas Dubey’s family, associates

The agency's zonal office in Lucknow has written to the Kanpur police seeking his linked persons and the latest updates in FIRs & chargesheets filed against him.

ED arrests Dewan Housing CMD Kapil Wadhwan in Iqbal Mirchi money laundering case

Kapil Wadhwan, CMD of Dewan Housing Finance Ltd, was produced before the designated PMLA court Monday, which remanded him in ED custody till 29 January.

ED claims to have nailed Vadra link with London property after Dubai businessman’s arrest

NRI businessman C.C. Thampi, arrested last week, allegedly aided Robert Vadra in investing ill-gotten wealth in property abroad.

ED summons Air Asia CEO Fernandes, executives in money laundering case

The ED probe is related to allegations that Air Asia tried to manipulate govt policies through corrupt means to get an international licence for its Indian venture.

Amrapali Group violated forex laws, laundered funds worth over Rs 55 crore, finds ED

The ED found at least seven 'contraventions' under FEMA and wants JP Morgan, a US-based investment banking firm, to be legally directed to remit funds worth about Rs 140 crore.

Delhi court grants bail to Kamal Nath’s nephew Ratul Puri in a money laundering case

Special Judge Arvind Kumar granted the relief to Ratul Puri, who is being investigated in the AgustaWestland money laundering case.

Top PMLA tribunal struggles with vacancies and delays amid Modi govt’s ‘war on corruption’

Former Delhi HC judge Sunil Gaur was set to take over as chairperson of the Appelate Tribunal for PMLA, but the process is on hold, and cases are suffering.

Hawala, fake tenants, a trust — how Dawood aide Iqbal Mirchi held on to Rs 225-cr properties

With ED now going after these properties, a complex web of transactions has come to the fore on how late Iqbal Mirchi allegedly laundered his wealth.

ED grills daughter of Congress leader DK Shivakumar for over 7 hours

The Enforcement Directorate recorded the statement of Aishwarya, Congress leader D.K. Shivakumar's daughter, under the Prevention of Money Laundering Act.

On Camera

Bihar mimics 19th-century American South. Citizenship is now weaponised to exclude voters

Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.