Latest news with #ED
India Gazette
10 hours ago
- Business
- India Gazette
ED attaches Rs 28.36 crore assets in Delhi-NCR, Haryana, Punjab in bank fraud case
New Delhi [India], June 27 (ANI): The Enforcement Directorate (ED) has attached immovable properties worth Rs 28.36 crore located at Delhi, Gurugram, Faridabad, Sonipat, Amritsar and Greater Noida in a more than Rs 950 crore bank fraud case linking Sunstar Overseas Ltd, the agency said on Friday. ED's Gurugram Zonal Office attached the properties under the Prevention of Money Laundering Act (PMLA), 2002. The federal agency initiated investigation based on the First Information Report (FIR) of Central Bureau of Investigation (CBI), Chandigarh registered against Sunstar SOL, its ex-directors-- Rohit Aggarwal, Rakesh Aggarwal, Naresh Aggarwal, Sumit Aggarwal-- and others under various sections of Indian Penal Code, 1860 for 'committing fraud, criminal misappropriation, criminal breach of trust, cheating and causing wrongful loss of more than Rs 950 crore, to a consortium of nine lender banks lead by Karur Vyasya Bank.' ED said its investigation revealed that ex-directors and promoters of SOL laundered the loan amounts availed by the firm through a web of related and controlled beneficially owned entities, a shell entity and a dummy entity. 'Investigation also revealed that ex-directors and promoters of SOL regained actual and indirect control by misusing Corporate Insolvency Resolution Process (CIRP) proceedings of National Company Law Tribunal (NCLT),' said the ED in a statement. During the investigation, ED conducted searches in January last year and seized cash amounting to Rs 1.19 crore and 226 gms of gold. In July last year, ED arrested three key persons-- Rakesh Gulati (Chartered Accountant), Paramjeet Sharma and Ajay Yadav [Successful Resolution Applicant (SRA)] involved in the conspiracy and diversion of loan funds along with ex-directors and promoters. Moreover, ED said, it has also attached properties valued at Rs 294 crore in this case in August last year. Based on the findings, a Prosecution Complaint was filed on August 29 last year, arraigning 25 persons and entities, including the aforesaid entities, ex-directors and promoters and others. Its cognisance was taken by the Special Court (PMLA), Central District, Tis Hazari Courts, Delhi on September 25 last year. During further investigation, ED said, it unearthed additional Proceeds of Crime being 'siphoned off and used by its related entity- Star Track Fasteners Pvt Ltd and other properties acquired by ex-directors and promoters and their family members, which have now been attached. The total value of attached assets in the case so far stands at Rs 322.55 crore, added the agency. (ANI)
India Gazette
10 hours ago
- India Gazette
NH-74 scam: ED seizes Rs 24.70 lakh in raids across Uttarakhand, UP
New Delhi [India], June 27 (ANI): The Enforcement Directorate (ED) has seized cash amounting to Rs 24.70 lakh as well as other incriminating documents during searches conducted a day ago across Uttarakhand and Uttar Pradesh in connection with in NH-74 scam case, the agency said on Friday. The agency on Thursday had conducted raids at seven locations in Uttarakhand and Uttar Pradesh in the case linked to Dinesh Pratap Singh, Senior PCS officer currently working as Executive Director, Doiwala Sugar Mill in Uttarakhand. As per the federal agency, Dinesh alias DP Singh, the then Suspended Special Land Acquisition Officer (SLAO), Uttarakhand, 'while working in the capacity of Competent Authority of Land Acquisition (CALA), entered into conspiracy with revenue officials, land consolidation officials, farmers, land owners, middlemen and others for misappropriation of the government funds by manipulating the use of land by way of passing backdated orders under section 143 of Uttar Pradesh Zamindari Abolition and Land Reforms Act, 1950.' 'This resulted in payment of higher compensation to land owners at non-agriculture rates, as opposed to the legal and expected compensation,' said the ED in a statement. To achieve his ulterior motives, the ED said, Dinesh resorted to 'fabrication and forgery by making backdated entries in revenue records and documents which were projected as genuine at the time of distributing compensation to land owners against land acquired for widening of NH-74 and NH-125. This resulted in a loss of Rs 162.5 crore (approximately) to the government treasury.' ED in this case had already attached movable and immovable properties amounting to Rs 43 crore (approximately) from various accused persons. While the investigation is in progress against these officials and land owners, seven Prosecution Complaints have already been filed before the Special Court (PMLA), Dehradun. (ANI)
Metro
12 hours ago
- Entertainment
- Metro
All BBC Casualty spoilers for this week as Iain receives life-changing news
Iain Dean (Michael Stevenson) receives a life-changing phone call in tomorrow's (June 28) episode of Casualty, and it will seriously impact his training at Hart. The beloved character accepted a secondment offer recently, and works alongside Teddy Gowan (Milo Clarke) in a series of training exercises tomorrow. However, when Iain gets that call, his attempt at blocking it out in his mind leads to a disastrous situation in the latest test. At Holby ED, Ngozi Okoye's (Adesuwa Oni) alcohol addiction seriously impacts her shift, leading to her making a huge decision about her future. Also, Rida Amaan (Sarah Seggari) enters the hospital wearing a new uniform, and Flynn Byron (Olly Rix) must attempt to come up with an idea to try and handle the drug-induced patients continuing to enter the ED. Here's everything you need to know about the latest episode of Casualty. Ngozi wakes up in a man's house following a one night stand. On her way home, she calls son Obi, but he quickly works out that she's lying to him. Ngozi is then forced to help a young father and daughter Olivia, who has stopped breathing after accidentally ingesting opioids. Despite being hailed as a hero once Olivia pulls though, Ngozi feels shameful due to how her evening went. Later, Ngozi is asked to look after Joel Sykes, who is suffering from several lacerations after being attacked with a knife. The team have found heroin in Joel's bag and moments later, he notices that Ngozi is hungover. Joel remarks that Ngozi looks how he feels, so she snaps back and says that he should feel shame for his involvement in the drug gang. Unbeknownst to her, Dylan Keogh (William Beck) has been watching Ngozi and pulls her aside to be breathalysed. She passes the test, but Dylan is aware that if she took it an hour earlier, things would be very different. A stressed Ngozi is then told that Obi hasn't been in school. After clashing with Nicole Piper (Sammy T Dobson), Ngozi finds a cocktail and drinks it in the staffroom. Spiralling even further after making a discovery about Joel, a devastated Ngozi ends up accepting Dylan's help. After informing Siobhan Mackenzie (Melanie Hill) about her alcoholism, Ngozi decides to attend an AA meeting. At the Hart training centre, Iain praises Teddy to team leader Tim, who isn't sure whether the young paramedic is capable of what Hart has to offer. Iain and Teddy take part in a training exercise but afterwards, Iain's situation changes when he receives a worrying phone call about him being someone's next of kin. As a result of this call, Iain is terribly distracted in his next test and ends up failing. Iain is determined to ignore the call which was about Kim, his mum. We learn that she's been admitted to a hospice due to an alcoholism-related illness. He ponders over whether or not to visit her, and also asks Faith Cadogan (Kirsty Mitchell) if she'd support him if he went to Hart for something more than a secondment. Faith tells her husband that she'd want Iain to turn down the placement, but would support him regardless. Rida begins her first day as a Band 6 nurse and the entire nursing team are thrilled for her. As the shift continues, Rida becomes increasingly overwhelmed. She has to deal with requests from Siobhan and Flynn, but also faces resistance from Ngozi and Jodie (Anna Chell). Stepping in, Siobhan reminds Rida that she can put her foot down with the nursing team. Rida helps Jodie, who is treating a pregnant heroin addict, but with so many other things on her list, she realises something's got to give. Eventually, after continued backchat from Jodie, Rida marks her authority and sends Jodie into resus. A team meeting his held to discuss the morality rates in light of the growing presence of Class A drugs on Holby's streets. Flynn suggests stockpiling naloxone, while Dylan believes that the ED could hand out pre-loaded syringes to prevent more and more people coming into the hospital. More Trending Later, Flynn learns that Dylan has gone against him and handed naloxone to a patient. They argue, and Flynn gives his derogatory opinions on addicts. Dylan tells Flynn that he's an alcoholic, and Flynn worries that he's lost his colleague's respect after his outburst. View More » BBC One's Casualty airs on Saturday, June 28, at 8:20pm. MORE: All BBC Casualty spoilers for this week as Flynn makes a move MORE: All BBC Casualty spoilers for this week as legend debates exit MORE: Coronation Street star welcomes second child in adorable post
India Today
13 hours ago
- India Today
Show cause notice to Mumbai prison chief over not giving Jain food to inmate
A special court in Mumbai issued a show cause notice to the Superintendent of Arthur Road Jail for allegedly failing to provide Jain food to an accused, despite a clear court Prevention of Money Laundering Act (PMLA) special court had, on May 14, directed the prison authority to ensure that Riteshkumar Surendrakumar Shah, an undertrial in judicial custody since March 29, be provided food in accordance with the Jain religion. Shah, in a submission to the court in May, had stated that he was a follower of Jainism and asserted that it was his fundamental right to receive food that adhered to his religious dietary Public Prosecutor Sunil Gonsalves, appearing for the Enforcement Directorate (ED), had opposed the request. However, the court allowed it, affirming Shah's entitlement to a religiously compliant diet. Despite the order, Shah's lawyer, Viral Babar, informed the court that the accused had not been given Jain food and had been surviving solely on chapatis. 'Despite the clear directions passed on 14/05/2025, till date, the accused has not been provided Jain food in accordance with his religious dietary requirements. As a result, the accused has been surviving solely on chapatis for more than a month, which has caused significant deterioration in his health,' Babar note of the submission, the court has now issued a show cause notice to the Superintendent of Arthur Road Jail, seeking an an Ahmedabad-based businessman, is one of six individuals arrested in connection with a money laundering case linked to Malegaon in Maharashtra. The Malegaon Chhawani Police Station in Nashik district had registered a First Information Report (FIR) last year concerning the deposit of more than Rs 100 crore in twelve bank accounts newly opened at the Nashik Merchant Co-operative Bank, also known as NAMCO was alleged that these accounts, opened using fake identities and shell entities, were used to conduct massive financial transactions running into hundreds of crores over a period of just two to three months. Based on this FIR, the ED launched its own investigation, leading to the arrest of six accused, including Shah.- Ends IN THIS STORY#Mumbai#Maharashtra
Hindustan Times
13 hours ago
- Business
- Hindustan Times
ED attaches ₹28.36 cr assets in Punjab, Hry in bank fraud case
The Enforcement Directorate (ED) has attached immovable properties worth ₹ 28.36 crore located at Delhi, Gurugram, Faridabad, Sonepat, Amritsar and Greater Noida in a more than ₹ 950-crore bank fraud case linking Sunstar Overseas Ltd, the agency said on Friday. The Enforcement Directorate (ED) has attached immovable properties worth ₹ 28.36 crore located at Delhi, Gurugram, Faridabad, Sonepat, Amritsar and Greater Noida in a more than ₹ 950-crore bank fraud case linking Sunstar Overseas Ltd, the agency said on Friday. (Representational image) ED's Gurugram zonal office attached the properties under the Prevention of Money Laundering Act (PMLA), 2002. The federal agency initiated investigation based on a first information report (FIR) of the Central Bureau of Investigation (CBI), Chandigarh, registered against Sunstar SOL, its ex-directors Rohit Aggarwal, Rakesh Aggarwal, Naresh Aggarwal, Sumit Aggarwal and others under various sections of Indian Penal Code for 'committing fraud, criminal misappropriation, criminal breach of trust, cheating and causing wrongful loss of more than ₹ 950 crore, to a consortium of nine lender banks lead by Karur Vyasya Bank.' The ED said its investigation revealed that ex-directors and promoters of SOL laundered the loan amounts availed by the firm through a web of related and controlled beneficially owned entities, a shell entity and a dummy entity. 'Investigation also revealed that ex-directors and promoters of SOL regained actual and indirect control by misusing Corporate Insolvency Resolution Process (CIRP) proceedings of National Company Law Tribunal (NCLT),' said the ED in a statement. During the investigation, ED conducted searches in January last year and seized cash amounting to ₹ 1.19 crore and 226 gms of gold. In July last year, the ED arrested three key persons — Rakesh Gulati (chartered accountant), Paramjeet Sharma and Ajay Yadav (successful resolution applicant) involved in the conspiracy and diversion of loan funds along with ex-directors and promoters. The ED said it has also attached properties valued at ₹ 294 crore in this case in August last year. Based on the findings, a prosecution complaint was filed on August 29 last year, arranging 25 persons and entities, including the aforesaid entities, ex-directors and promoters and others. Its cognisance was taken by the special court (PMLA), central district, Tis Hazari courts, Delhi, on September 25 last year. During further investigation, the ED said, it unearthed additional proceeds of crime being 'siphoned off and used by its related entity Star Track Fasteners Pvt Ltd and other properties acquired by ex-directors and promoters and their family members, which have now been attached. The total value of attached assets in the case so far stands at ₹ 322.55 crore, added the agency.
