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Wednesday, August 13, 2025
TopicPrevention of Money Laundering Act

Topic: Prevention of Money Laundering Act

ED raids 13 premises across Delhi-NCR, Punjab; seizes key documents, digital devices under PMLA

According to Delhi EOW FIR, Raheja Developers fraudulently collected large sums from investors and homebuyers, promising flats in group housing projects but failed to deliver.

ED raids Empuraan co-producer’s chit fund firm to probe alleged FEMA violations worth Rs 1,000 cr

The agency is also 'examining' multiple cases of cheating & forgery filed against the Chennai-based firm by various state police forces, it is learnt.

What happens to assets, cash seized by ED? A pre-poll promise by Modi sets off debate

Modi said ‘Rs 3,000 cr seized by ED will be returned to poor’ if BJP wins LS polls. ThePrint speaks to experts to find out if govt can give away assets seized by ED under PMLA.

‘Loyal citizen’: Geelani’s granddaughter, Shabir Shah’s daughter distance themselves from separatism

The two women have also said they are not affiliated to any organisation that is against the sovereignty of the Union of India.

ED arrests 5 ‘key’ PFI members, already in custody in NIA case, to probe money laundering

The five were aware of processes & activities connected with proceeds of crime & were arrested under PMLA, ED informs court. Gets custody for six days.

ED issues fresh summons to US millionaire Neville Roy Singham in NewsClick money laundering case

The businessman accused of spreading Chinese propaganda in India is stated to be currently based in Shanghai. This is understood to be 2nd summons issued to Singham by ED.

‘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.

‘Rigged’ games, billions in play, and 2 partners from Bhilai — ED probe in Mahadev online betting case

Policeman, 2 hawala operators arrested. IPS officers, officials linked to Chhattisgarh CMO under lens. Raids at locations including premises of CM Baghel’s political adviser Vinod Verma.

How Modi govt bill aims to get rid of 113 ways you could land in jail & put onus on fines instead

Key highlights from Jan Vishwas (Amendment of Provisions) Bill which seeks to decriminalise and rationalise offences under various laws to promote ease of doing business.

‘Bribe giver’ can be prosecuted under PMLA, accused party to ‘proceeds of crime,’ says SC

A three-judge bench of the SC overturned a Madras High Court verdict that quashed PMLA proceedings against a person who allegedly handed over Rs 50 lakh to a government servant.

On Camera

Kerala BJP losing favour with Church. Sangh not on board with Christian outreach

Two bishops in Kerala said that the BJP is running with the hares in the state and hunting with the hounds in Chhattisgarh.

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.