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Wednesday, August 13, 2025
TopicPMLA

Topic: PMLA

Jailed IAS Hans took Rs 1 cr to settle consumer case when he was pvt secy to Ram Vilas—ED charge sheet

IAS officer Sanjeev Hans's lawyer has called the ED's investigation 'a web of falsehood riddled with ulterior motives, woven from a frivolous and fabricated complaint'.

ED arrests ex-chairman of Karnataka co-op bank in Rs 63 crore fraud case

According to ED, large-scale misappropriation of funds was orchestrated at the said branch, primarily by the branch manager, B Shobha, on the instructions of R M Manjunatha Gowda.

Canadian gold heist reverberates in India as ED raids wanted Mohali man in rare ‘suo motu’ action

Former Air Canada manager Simran Preet is said to be part of a nine-member gang suspected to be behind sensational $20 million gold heist from Toronto airport.

PMLA case: ED urges SC to recall DMK minister Senthil Balaji’s bail, says he’s trying to ‘delay trial’

ED alleged in affidavit before SC that Balaji’s legal team dragged on examination of witness, a state govt forensic expert, for three months in ‘deliberate attempt to delay trial’.

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.

IAS at 21, arrested for MNREGS fund embezzlement, now reinstated: the highs & lows of Pooja Singhal

Jharkhand govt revoked suspension of Singhal, who will contribute to Dept of Personnel, Administrative Reforms & Raj Bhasa. Meanwhile, there's a palpable discomfort in Congress ranks.

Rs 1 lakh penalty on ED: What was the case & why Bombay HC wanted to send out a ‘strong message’

In strong words against the law enforcement agency, the bench said the ED's charge 'falls flat' and called its proceeds of crime theory in the case an 'enigma'.

Why SC pulled up Centre for ‘making submissions against law’ to deny bail to woman in PMLA case

The top court's censure was directed at the ED in the case of Sashi Bala, after the agency contended that the stringent bail conditions under Section 45 of the Act applied to women.

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.

Rs 22,280 cr black & laundered money recovered, including from Mallya & Nirav Modi, says Sitharaman

Sitharaman tells Lok Sabha govt recovered Rs 14,131 cr from Vijay Mallya alone. She also addresses concerns about inflation, GDP growth & possibility of slowdown in manufacturing.

On Camera

How GST changed import duty revenue for states—no blame, more profit

The IGST component of total import duty collections is growing faster than that from Customs duty. And states enjoy a larger share in the rapidly growing pie of IGST on imports.

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.

India expands Southeast Asia defence footprint with new joint venture in Philippines

Memorandum of understanding between SMPP and ADFC was signed during state visit of Philippines’ President to India earlier this month.

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.