Latest news with #EnforcementDirectorate
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)
Time of India
10 hours ago
- Politics
- Time of India
Ex-MLA defends Indira Gandhi, criticises BJP
Mangaluru: Former minister and senior Congress functionary B Ramanath Rai said that the BJP has no moral right to criticise former Prime Minister Indira Gandhi and the Emergency. "They BJP should remember that poor people benefited following the reforms introduced during the Emergency," said Rai. Rai told reporters on Friday, that the BJP levelled allegations against Indira Gandhi in the name of the Emergency. He stated that the people of Dakshina Kannada owe a debt to Indira Gandhi as they are beneficiaries of various pro-people policies of the then govt. The nationalisation of banks, land reforms, and other welfare programmes introduced by Indira Gandhi benefited the poor. Rai added that the opposition opposed Indira Gandhi and the Emergency for political reasons. Rai noted that after Indira Gandhi lost the election following the Emergency, the Congress candidate won in Dakshina Kannada due to the reforms introduced by Indira Gandhi. He said Indira Gandhi initiated the Blue Star operation for the unity and integrity of the country. Furthermore, he alleged that the BJP at the Centre is now misusing the Enforcement Directorate to target the opposition, including the Congress.
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.
Time of India
a day ago
- Time of India
Accused denied Jain food cites health issues, notice to prison
Mumbai: After an accused told the special PMLA court on Tuesday that his health seriously deteriorated as he was only surviving on chapatis for a month due to the jail's non-compliance to court order in providing him with Jain food, the judge issued a notice to the superintendent of Arthur Road Jail and sought a report by Friday. Through his lawyer, Viral Babar, the accused, Riteshkumar Shah, submitted that despite a clear directive from the court issued over a month ago, he was denied his religious dietary requirements. Shah has been in judicial custody at Arthur Road Jail since March. The Enforcement Directorate arrested him in a money laundering probe involving fraudulent bank accounts created using innocent people's identities for hawala and suspicious transactions at Malegaon. Shah was previously arrested in another offence in Gujarat before his arrest in the current case. tnn
