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Wednesday, October 1, 2025
TopicPMLA

Topic: PMLA

‘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'.

What SC said in order dismissing Rana Ayyub’s plea against summons by Ghaziabad court

While hearing the case about funds received by Ayyub via crowdfunding for Covid relief, the court said there is “serious factual dispute” over places where offence was committed. 

Journalist Siddique Kappan to walk out on bail Thursday as Lucknow court signs release order

The sureties for the release of Kerala journalist Kappan on bail have been approved by in the special PMLA court and the release order has been sent to jail, said the journalist's lawyer.

‘Illegally disbursed loans, web of companies’ — what CBI, ED are probing against the Kochhars

Former ICICI Bank CEO, MD Chanda Kochhar, her husband were arrested by CBI Friday for irregularities in loans worth Rs 3,250 crore sanctioned to the Videocon Group between 2009-12.

Did Modi govt just ‘strengthen ED’s hand’? Order on sharing info with more agencies sparks fears

Earlier this month, Union govt added 15 more to list of institutions with which ED may share case-related information. These include NIA, MEA, CVC & National Intelligence Grid.

Centre widens ED power, 15 more ministries ordered to share intel with probe agency

National Intelligence Grid, Military Intelligence also required to disclose information to ED, giving the agency widespread access to data involving financial fraud.

On Camera

UNGA was Nepal’s missed opportunity. It can’t ignore foreign policy during domestic turmoil

The decision not to send PM Sushila Karki or a high-level delegation to the UNGA reflects how foreign policy often receives the least attention in Nepal.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

Maharashtra Police places order for US-made sniper rifles even as MHA recommends ‘Make in India’

New Delhi: The Maharashtra Police placed an order last week for 15 US-made Barrett Multi-role Adaptive Design (MRAD) sniper rifles and related accessories worth...

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.