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Friday, July 25, 2025
TopicPMLA

Topic: PMLA

ED meets its match, as ‘Bachcha’ encroaches plot seized in 2016 Bihar topper scam case

Construction stopped & action taken, say police. Enforcement Directorate confiscated plot in 2018 under PMLA, complained to district authorities about illegal excavation last year too.

ED charge sheet in Vivo case says ‘web of companies’ diverted Rs 1 lakh crore to China

ED Thursday filed charge sheet in money-laundering probe against Vivo. Allegations against firm include visa fraud. Vivo has maintained that it is ‘cooperating’ with probe.

‘Mr Solicitor, we understand everything’ — SC bench hearing PMLA review pleas abruptly dissolved

Hearing deferred by 2 months after govt seeks time. This comes day after bench led by Justice Sanjay Kishan Kaul commenced hearing on pleas after brushing aside Centre's opposition.

ED arrests 2 Ashoka University co-founders in money laundering case against their pharma firm

Ashoka University says it has no ties to Chandigarh-based Parabolic Drugs Ltd of which Pranav Gupta is MD & Vineet Gupta ‘whole time director’. ED has also arrested CA SK Bansal.

‘Alert, not alarmed,’ says SC after Modi govt & ED caution against pleas challenging PMLA judgment

Last year, SC upheld provisions of Prevention of Money Laundering Act (PMLA). Law officers argue a 3-judge bench cannot revisit ruling by a similar bench. Case to be heard on 24 November.

‘Clandestine, vindictive’: What SC said in scathing order on ED arrest of realty firm M3M’s promoters

Basant & Pankaj Bansal were arrested under Prevention of Money Laundering Act on 14 June 2023. Their arrest was quashed by the Supreme Court this week.

ED expected to be ‘transparent, not vindictive’, must furnish grounds of arrest to accused, says SC

Apex court is also seized of petitions seeking review of its July 2022 judgment upholding wide & sweeping powers entitled to Enforcement Directorate under Prevention of Money Laundering Act.

Tamil Nadu minister V Senthilbalaji arrested after ED raids, CM Stalin calls it ‘vindictive politics’

TN minister's office in state secretariat & residence were raided in 'cash-for-jobs scam'. He was later hospitalised after complaining of chest pain. TMC, Congress, AAP condemn the raids.

Govt panicking on FATF review. Bringing chartered accountants under PMLA won’t help India

The FATF has given legitimacy to mass surveillance. There is little evidence across the world on the ability of a mass surveillance system to solve a problem.

‘Kept behind bars over 2 yrs without trial’ — court order granting bail to Yes Bank founder Rana Kapoor

Judge noted Kapoor's ‘undue incarceration’ in loan fraud case and said CBI & ED had ‘never taken any care to follow the true spirit of PMLA'.

On Camera

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.

During Operation Sindoor, Pakistan likely used NATO-style aerial tactics taught by China

The Chinese are said to have hired ex-fighter pilots & air force operators from NATO countries over the past several years to help them fine-tune their operational & flying capabilities.

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.