enforcement directorate

ED files chargesheet against Yes Bank founder Rana Kapoor, others in money laundering case

Mumbai (Maharashtra)[India]: The Enforcement Directorate (ED) has filed a chargesheet against Yes Bank founder Rana Kapoor, his wife Bindu Kapoor, and Avantha group promoter Gautam Thapar at a Prevention of Money Laundering Act (PMLA) court in Mumbai in connection with the money laundering case.
According to the ED, the 1300-page chargesheet names 10 people as accused in the money laundering case. A case has also been registered against Rana Kapoor for illegally giving a loan of Rs 1900 crore to Gautam Thapar’s Avanta company.
The ED has alleged that a bribe of Rs 300 crore was paid to Kapoor for facilitating around Rs 1,900 crore loans from Yes Bank to Gautam Thapar’s company.
Rana Kapoor is currently in judicial custody, the chargesheet also names some senior officers of Yes Bank, who helped Rana Kapoor in giving loans.

Panama Papers leak case: Aishwarya Rai Bachchan returns to Mumbai after appearing before ED

Mumbai (Maharashtra) [India]: Bollywood actor Aishwarya Rai Bachchan returned to Mumbai last night after appearing before Enforcement Directorate in Delhi in connection with the Panama Papers leak case.
The Enforcement Directorate on Monday questioned Bollywood actor Aishwarya Rai Bachchan for nearly 5 hours in the Panama Papers leak case. She deposed before the investigators following the summons issued by the federal agency against her to join the probe.
The ED recorded the statement of the 48-year-old actor in the case over allegations of stashing wealth abroad under the Foreign Exchange Management Act, 1999. She had earlier submitted records on the foreign payments under investigation.
The ED had issued notices to the Bachchan family asking them to explain their foreign remittances since 2004 under the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India.
Sources in the agency informed that Aishwarya was summoned earlier too but she could not appear and sought next dates at least two times.

ED questions Aishwarya Rai for 5 hours in Panama Papers leak case

New Delhi [India]: The Enforcement Directorate on Monday questioned Bollywood actor Aishwarya Rai Bachchan nearly 5 hours in Panama Papers leak case.
She deposed before the investigators following the summons issued by the federal agency against her to join the probe. The ED recorded the statement of the 48-year-old actress in the case over allegations of stashing wealth abroad under the Foreign Exchange Management Act, 1999. The actress had earlier submitted records on the foreign payments under investigation.
The ED had issued notices to the Bachchan family asking them to explain their foreign remittances since 2004 under the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India.
Sources in the agency informed that Bachchan was summoned earlier too but she could not appear and sought next dates at least two times.
The Panama Papers pertain to leaked documents that point towards fraud and tax evasion by many individuals and corporate entities across the world. Aishwarya Rai Bachchan’s name featured in the list of 500 Indians who were named in the massive leak of 11.5 million tax documents exposing their secret offshore dealings.
“The Panama Papers” case is a sprawling investigation spanning millions of documents stolen and leaked to the media in 2016, which involves allegations that the world’s rich and powerful set up offshore accounts or shell companies to avoid taxes.
Over 300 Indians were said to be part of the Panama Papers.
Many Indian celebrities including Amitabh Bachchan and Aishwarya Rai were named in this paper leak.
All these people were accused of tax fraud. After the name surfaced in this case, Amitabh had said that he has sent money abroad only under Indian rules. He also denied having any affiliation with the companies that appeared in the Panama Papers.

ED summons Jacqueline Fernandez on December 8 in Rs 200-cr money laundering case

New Delhi [India]: The Enforcement Directorate (ED) has summoned Bollywood actress Jacqueline Fernandez to appear before the investigators on December 8 here in the national capital in connection with its ongoing probe in Rs 200 crore money laundering case linked to conman Sukesh Chandrasekhar, said sources.
Fernandez has been asked to be present at the ED office by 11 am on December 8 as her questioning is significant in the case as a witness in the alleged multi-crore extortion racket operated by Chandrasekhar. The actress has earlier skipped various summons issued by the federal agency citing different reasons.
The ED’s move come a day after Fernandez was offloaded from an Air India flight at about 5.25 pm by Immigration Officials as a Look Out Circular in the case of the Enforcement Directorate is pending against her.
She was supposed to fly to Muscat by “AI-985 flight scheduled at 5.5O pm on Sunday”. The LOC was issued with directions that Fernandez should not be permitted to leave India.
Earlier, the ED has questioned the actress here in August. The federal agency then recorded Fernandez’s statement in its more than six-hour questioning here in August end.
Another actress Nora Fatehi was also questioned by the ED here in connection with the same case for the second time on Thursday.
ED is looking into various people who are directly or indirectly connected to this case.
Reports suggest that the ED is looking into the possibility that money was invested abroad and it was led by Chandrasekhar, who is accused in 21 cases.
This ED case is based on an FIR filed by Delhi Police’s Economic Offences Wing (EOW) against Sukesh Chandrasekhar who is accused of cheating and extorting Aditi Singh, wife of the former promoter of Religare Enterprises Shivinder Mohan Singh, who was arrested in October 2019 in a case related to alleged misappropriation of funds at Religare Finvest Ltd.
Chandrasekhar and his associates reportedly took money from Aditi after posing as government officials and promising to get bail for her husband. Chandrasekhar reportedly persuaded Aditi to transfer money by impersonating a central government official over a spoof call while he was lodged in Rohini jail and promised to manage bail for her husband.
Both Chandrasekhar and his actor wife Leena Maria Paul were arrested by the Delhi Police in September for their alleged role in the duping case. The Delhi Police has so far arrested 13 people in connection with the case.
The ED suspects that Chandrasekhar had extorted money from several people while he was in jail.
In October, the ED officials had conducted raids at Chandrashekhar’s sea-facing bungalow in Chennai and had found a fleet of 16 luxury cars worth crores of rupees.
At the time of the incident, Chandrashekhar was lodged in Delhi’s Rohini jail and was running an extortion racket from behind the bars.
In September, the ED had arrested two aides of jailed conman against whom the Delhi Police recently invoked stringent provisions of the Maharashtra Control of Organised Crime Act (MCOCA).
Chandrasekhar was allegedly running the cheating and extortion racket in connivance with jail officials and some associates outside.

ED attaches Rs 42.36 cr assets of Kolkata-based firm in bank fraud case

Enforcement DIrectorate Office, Mumbai

New Delhi [India]: The Enforcement Directorate (ED) on Monday attached 11 immovable properties worth Rs 42.36 crore of a Kolkata based company for defrauding State Bank of India to the tune of Rs 164 crore by availing loan on the basis of false documents, the agency said on Monday.
The properties belong to the directors of Shree Mahalaxmi Corporation Pvt Ltd, and its assets were attached under the provisions of the Prevention of Money Laundering Act (PMLA), 2002. ED initiated a money-laundering investigation on the basis of FIR dated March 28, 2017, and charge-sheet filed by the Central Bureau of Investigation (CBI), Kolkata on December 30, 2019, under the sections of Indian Penal Code, 1860 and Prevention of Corruption Act, 1988 against Shree Mahalaxmi Corporation, its directors and other persons, for defrauding the State Bank of India to the extent of Rs 164 Crore by availing loan on the basis of false and forged documents and utilising the loan amount for a purpose other than for which it was sanctioned.
Investigation under PMLA revealed that loan amount of Rs 164 crore was diverted after rotating amongst the bank accounts maintained by various entities and given colour of genuine business transactions, said the ED.
“It was further revealed that various Letters of Credit (LCs) were opened in the name of certain companies against the credit facilities and the same were discounted on the basis of forged invoices, challans etc. The LC proceeds were thereafter laundered and siphoned off,” the federal agency said.

ED summons Shiv Sena MP Bhavana Gawali on Nov 24 in money laundering case

Mumbai (Maharashtra) [India]: The Enforcement Directorate (ED) has summoned Shiv Sena MP Bhavana Gawali on November 24 in connection with the arrest of her close aide Saeed Khan in an alleged money laundering case.
This is the third summon by the agency to Gawali. The ED had earlier summoned Gawali on October 20 in connection with the case.
Saeed Khan was arrested by the ED on September 28. The accused, Saeed Khan, is the director of ‘Mahila Utkarsh Trust’, the trust has now been transformed into a company.

ED issues summons to Anil Deshmukh’s son for questioning in money laundering case

Mumbai (Maharashtra) [India]: Enforcement Directorate on Thursday issued summons to former Maharashtra Home Minister Anil Deshmukh’s son, Hrishikesh for questioning in an alleged money laundering case.
The agency has told Hrishikesh to appear before it on Friday. Earlier in the day, the ED took Deshmukh, who was arrested in a money laundering case, for a routine medical examination.
Deshmukh’s lawyer, Indrapal Singh, said, “As per the court’s order, I am here to be present during the interrogation of Anil Deshmukh. His medical examination was done, he is fine.”
Earlier, on November 2, a special PMLA court in Mumbai had sent Deshmukh to four days of ED custody till November 6 in the money laundering case.

Anil Deshmukh arrested

Mumbai (Maharashtra) [India] : Former Home Minister of Maharashtra Anil Deshmukh was taken for a medical examination from the Enforcement Directorate office on Tuesday.
He was arrested by the agency last night in connection with extortion and money laundering allegations against him. He will be produced before court today. According to an ED official, the arrest has been made after 13 hours of Deshmukh’s questioning at the central agency office on Monday.


Earlier on Friday, Bombay High Court rejected former Maharashtra Home Minister Anil Deshmukh’s petition challenging the Enforcement Directorate (ED) summons for him to appear before the agency.
Former Mumbai Police Commissioner Param Bir Singh had accused Anil Deshmukh of asking dismissed assistant inspector Sachin Vaze to collect Rs 100 crore from hotels and bars in Mumbai every month.
The federal probe agency will record the statement of Deshmukh under the Prevention of Money Laundering Act (PMLA) in connection with the criminal investigation being carried out by it in the alleged Rs 100 crore bribery-cum-extortion racket in the Maharashtra Police establishment.
It registered a case against Deshmukh and others based on a corruption case filed against him by the CBI. (

ED arrests main accused of Bihar’s Srijan Scam

New Delhi [India]: Enforcement Directorate (ED) on Thursday said that the team has arrested one of the main accused Bipin Kumar in Bihar’s Srijan Scam of Rs 500 crores.
The scam came to light after the death of NGO founder Manorama Devi in February 2017, which led to differences among the family members and it involves Srijan Mahila Vikas Sahyog Samiti Ltd (SMVSSL), which used to provide vocational training to women. The case was registered against eight persons in June this year, including former bank officials and Bhagalpur-based NGO Srijan Mahila Vikas Sahyog Samiti officials. The accused were charged under criminal conspiracy, criminal breach of trust, cheating and forgery of valuable security.
In August this year, Pranav Kumar Ghosh was also arrested in the case of SMVSSL.
“The amount involved in the scam is more than Rs 500 crore. Pranav Kumar Ghosh was a close associate of Late Manorama Devi, Founder of SMVSSL. He along with various government officials, bank officials, private persons, and other members conspired to divert the government funds into the accounts of Srijan and the said account was used for the benefit of all the conspirators,” ED informed in a release earlier.

ED attaches assets worth Rs 300 cr of Icore Group in chit fund scam case

New Delhi [India]: The Enforcement Directorate on Tuesday provisionally attached assets worth Rs 300 Crore under the Prevention of Money Laundering Act (PMLA), 2002 in its ongoing investigation against Icore Group of companies in a chit fund scam case.
As per a press release by the ED, the properties attached by the Directorate belong to 11 Icore group companies, its directors – Late Anukul Maiti, Kanika Maiti, and their family members. “The properties attached comprise bank accounts, plots, factories, shopping malls and various residential properties,” the release read.
“The Icore Group companies were running a Chit fund scam, wherein they illegally raised a huge amount of money from lakhs of gullible investors by promising exorbitant returns. Based on the investigation conducted so far Proceeds of Crimes (POC) have been quantified to the tune of Rs 2,400 Crore,” ED said.
Further investigation is underway.

ED raids former IAS officer

New Delhi [India], September 16 : The Enforcement Directorate (ED) on Thursday conducted raids at the premises linked to retired IAS officer Harsh Mander in connection with an alleged money laundering case.
According to the ED, the raids were conducted at his residence, office and a children’s home run by him in the city. Earlier, in October 2020, the National Commission for the Protection of Child Rights (NCPCR) raided the two children’s homes that Mander was associated with. Mander was also named in the Delhi Police’s charge-sheets on the February 2020 North East Delhi violence.
Meanwhile, the ED today stated that it also conducted search operations at the office and residential premises of M/s. Paul Merchants Ltd. and others at Chandigarh, Panchkula, Mohali, Jalandhar and Delhi under Foreign Exchange Management Act (FEMA), 1999 and seized currency worth Rs 3.88 crores and bullion worth Rs 24.2 lakhs.
“ED has conducted search operation at the office and residential premises of M/s. Paul Merchants Ltd. and others at Chandigarh, Panchkula, Mohali, Jalandhar and Delhi under FEMA, 1999. During the search currency worth Rs 3.88 Crore and bullion worth Rs 24.2 Lakh have been seized,” said ED in a tweet today.

ED Questions Mumaith Khan Today In Connection With Tollywood Drug Case

Actress Mumtaith Khan has appeared before the Enforcement Directorate (ED) in Hyderabad today on Wednesday in connection with the Tollywood drug case. The Enforcement Directorate authorities will look into her bank accounts to check if any suspicious transactions had taken place for the past 5 years. She is being interrogated in connection with the money laundering case.

The ED authorities will also inquire about the suspicious transactions with unknown people and her links with Kelvin, the drug dealer.

She will be reportedly questioned about her attendance at the F-Club parties. For instance, if she has ever used any drugs or helped others get access. Her relationships with the F-club members who are drug consumers are some of the questions that will be reportedly posed before Mumaith Khan today.
She was being interrogated in the massive drug racket for the second time along with several other Telugu actors, in 2017 a special investigation team who interrogated Mumaith Khan gave her a clean chit.

Mumaith Khan is a film actress and model who has appeared in numerous item songs in Telugu, Hindi, Tamil and other Indian industries. She was also a participant in various TV reality shows.

Abhishek Banerjee Appears before ED

Coal Scam Case: Abhishek Banerjee has said that he would get himself hanged if any central agency can bring to the fore his involvement in any illegal transaction.

New Delhi, India, September 6 : Trinamool Congress national general secretary Abhishek Banerjee on Monday appeared before the Enforcement Directorate (ED) in Delhi today in connection with the coal scam case. Abhishek, the nephew of West Bengal Chief Minister Mamata Banerjee, was summoned along with his wife Rujira for questioning in connection to a money laundering case linked to an alleged coal scam. However, Rujira urged the ED to allow her to appear before officials in Kolkata as she expressed unwillingness to travel to the national capital due to Covid-19. 

“TMC MP Abhishek Banerjee appears before ED for questioning in money laundering case,” ED officials told. Earlier on Sunday, Abhishek Banerjee Sunday said that he would get himself hanged if any central agency can bring to the fore his involvement in any illegal transaction. Speaking to reporters at the Kolkata airport on his way to New Delhi to attend a summons by the Enforcement Directorate (ED) in connection with an alleged coal scam case, Banerjee accused the BJP of indulging in political vendetta having lost the state assembly elections.

“I reiterate what I had said in November at public meetings that if any central agency can prove my involvement in any illegal transaction of even 10 paise, there will be no need to hold any CBI or ED probe, I will walk up the podium and get myself hanged publicly,” he said.

He has been summoned to appear before the investigating officer of the case in New Delhi on September 6 for questioning in a money laundering case linked to the alleged coal scam in West Bengal.

“I am ready to face any and every kind of investigation,” Banerjee said, adding that despite it being a case of Kolkata, he was summoned to New Delhi. “Having lost the elections and failing to tackle Trinamool Congress politically, they (BJP) are now seeking revenge,” he claimed.

The BJP has no other job than to use the investigating agencies to fulfil their political interests, he alleged. Banerjee said that he would like to invite any BJP leader to sit face to face with him and discuss what the central agencies have done in the last five years and the fate of the country in the seven-year-rule of the Narendra Modi government.

“You (BJP) decide the date, time and venue and I will go; if I cannot expose them then I will not put my feet in the political arena anymore,” he asserted.

Lookout notice for Anil Deshmukh

The Enforcement Directorate (ED) has issued a lookout notice against NCP leader and former Maharashtra Home Minister Anil Deshmukh in connection with a money laundering case.

New Delhi [India], September 6 : Sources said that the lookout circular was issued to prevent Deshmukh from fleeing the country. He has skipped various summons issued by the ED in the case that forced him to resign from the post of Maharashtra Home Minister in April. The move comes as the Supreme Court had refused to offer Deshmukh interim relief from coercive action in the lawsuit last month.
Deshmukh had moved the Bombay High Court on September 2 seeking to quash the agency’s summons. The plea, however, was not taken up for hearing immediately.
The ED has till now issued five summons to Deshmukh, asking him to appear before it for questioning. However, Deshmukh skipped every summons, saying he would be seeking appropriate remedy available under law.
ED registered its money laundering case against Deshmukh and others based on a corruption case filed against him by the Central Bureau of Investigation (CBI).
Deshmukh is accused of allegedly misusing his post while serving as Home Minister. It is also alleged that the leader through dismissed police officer Sachin Waze collected Rs 4.70 crore from various bars and restaurants in Mumbai. The money was allegedly laundered to the Nagpur-based Shri Sai Shikshan Sansthan, an educational trust controlled by Deshmukh’s family.
Former Mumbai Police Commissioner Param Bir Singh had levelled the charge.
The CBI filed its FIR against Deshmukh on April 21 this year based on a Bombay High Court ruling on April 5.
However, Deshmukh has repeatedly denied any misconduct.
The ED had arrested Anil Deshmukh’s personal secretary and personal assistant following raids in Mumbai and Nagpur on them and the NCP leader. His son-in-law was previously questioned by the CBI regarding the leak of an inquiry report. (

ED files case in Rs 200 cr duping of ex-Ranbaxy promoter’s wife

The Enforcement Directorate (ED) has registered an Enforcement Case Information Report (ECIR) against Rohini Jail inmate Sukesh Chandrashekar for allegedly duping the wife of former promoter Ranbaxy Shivinder Mohan Singh of Rs 200 crore, a source told.

New Delhi [India], September 2 : A money laundering case has been registered against Chandrasekhar and his aides Deepak Ramdani and Pradeep Ramdani and others for duping Aditi Singh, wife of Shivinder Mohan Singh. The ED has registered the case based on the FIR registered by Delhi Police, alleging that she was cheated of Rs 200 crore by a man posing as a Home Ministry official who promised to help with her husband’s cases.
According to sources, ECIR was registered on August 8 a day after Delhi Police registered an FIR against Chandrashekar.
The ED will register one more ECIR in the case where Japna Singh, wife of Malvinder Singh was also cheated of around Rs 4 crore by conmen Chandrashekar and his aides.
According to sources in ED, this case of duping had surfaced in June during an ongoing investigation of a money laundering case against the Singh brothers.
“During the scrutiny of bank accounts, details connected with Shivinder Singh surfaced. ED found a suspicious transaction of Rs 50 crore to a Hongkong based account. When ED official’s asked for the details about this transaction Aditi Singh was unable to give any satisfactory explanation about the Rs 50 crore transaction,” the sources said.
“When ED officials grilled them then they came to know that this was the last payment to conman Chandrashekar who had posed as a government official and wanted to help the Singh brothers get bail and come out of jail. Aditi Singh revealed that they had paid Rs 50 crore through banking channels and it was the last installment of Rs 200 crore,” they added.
The sources said that Singhs had paid Rs 150 crore cash in three tranches to Deepak and Pradeep. “All the cash payment was made in Delhi,” they said.
ED sources said that after duping Aditi Singh, Chandrasekar and his associates tried the same trick on Japna Singh, wife of Malvinder Singh.
“When ED started tracking the calls then it was revealed that these phone calls were spoofed ones,” they said.
ED sources said that Chandrashekar is the mastermind and had spoofed the Ministry’s landline numbers using software to make the victim believe the call came from the Ministry.
“After a thorough investigation, ED officials informed the wives of Singh brothers that they had been duped by a conman and advised them to file an FIR to Delhi Police. After that Aditi Singh went to Delhi Police and an FIR was filed,” they added.
The ED had arrested Shivinder and others in a money laundering case on December 12, 2019. Since then the Singh brothers are in jail.

Targeting by central ‘harmful’ : Raut

Shiv Sena MP Sanjay Raut on Sunday said the deliberate targeting of leaders in the ruling MVA alliance in Maharashtra by central agencies was harmful for the country’s federal structure. Raut was responding to a query by reporters on the Enforcement Directorate (ED) summoning former Maharashtra home minister Anil Deshmukh in a money laundering case.

Deshmukh was asked to depose before the investigating officer at the ED’s office in Mumbai on Saturday in the money laundering case related to an alleged multi-crore bribery-cum-extortion racket, that led to his resignation from the post of home minister in April.

However, the NCP leader, whose party shares power with the Shiv Sena and Congress in Maharashtra, sought a fresh date for appearance before the agency.

Talking to reporters, Raut also said Shiv Sena MLA Pratap Sarnaik’s letter to Chief Minister Uddhav Thackeray highlighted that the legislator was being unnecessarily harassed by the ED. He said if there are complaints, the state’s Economic Offences Wing (EoW) or the Anti-Corruption Bureau (ACB) can investigate them.

“But, central agencies are brought in under pressure to deliberately target…this is out of frustration over the inability to form government here,” Raut alleged, and said “this is harmful for the federal structure”.

Asked about Leader of Opposition in the Assembly Devendra Fadnavis’s comment that he would quit politics if he failed to restore the OBC quota in local bodies in the state, Raut said the BJP leader in 2014 claimed he would get quota for the ‘Dhangar’ community passed in the first cabinet meeting after assuming power.

“He was in power for five years, but nothing happened. Whether in power or not, efforts must be taken to resolve issues of the deprived sections of society,” the Rajya Sabha member said.

Raut said the issue of reservation is for ensuring social equality.

“Please don’t politicise a social issue. Whether you are in government or opposition, a responsible leader should strive to resolve the issue which the MVA leaders are trying,” Raut said.

Asked about protests by the BJP and the Congress in different parts of the state on the OBC quota issue, Raut said leaders, in government as well as from the opposition, are expected to behave appropriately at the time of the COVID-19 pandemic.

Police took action against NCP functionaries for COVID-19 norm violations during an event, Raut said, adding that “everybody is expected to follow rules”.

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