ED summons Tamilnadu Minister K Ponmudy in violations of granting quarry licenses case

July 18, 2023 11:25 AM

ED summons Tamilnadu Minister K Ponmudy in violations of granting quarry licenses case

Tamilnadu Higher Education Minister Dr. K.Ponmudy has been summoned for questioning by the Enforcement Directorate in Chennai. He has to appear before the officials by 4 p.m. today. The 72-year-old DMK leader was questioned by the Enforcement Directorate yesterday for more than 8 hours after the raids were conducted at his residences and offices in nine places in Chennai and Villupuram. The places belonging to his son and Lok Sabha MP, Gautham Sigamani were also raided. The case is with regard t...

ED raids premises of Tamil Nadu Higher Education Minister K Ponmudy and his MP son Gautham Sigamani in money laundering case

July 17, 2023 1:47 PM

ED raids premises of Tamil Nadu Higher Education Minister K Ponmudy and his MP son Gautham Sigamani in money laundering case

In Tamilnadu, Enforcement Directorate conducted raids at the houses and offices of the State Higher Education Minister Dr. Ponmudi and his son and Lok Sabha MP Gautham Sigamani. The raids were conducted at more than seven places in Chennai and Villupuram based on a complaint on illegal foreign transactions seven years back.  The money laundering case against Ponmudy is linked to alleged irregularities when he was the state mining minister between 2007 and 2011. There were allegations agains...

ED attaches assets of AAP leader Manish Sisodia & other accused worth over Rs 52 cr in Delhi Liquor scam case

July 7, 2023 9:38 PM

ED attaches assets of AAP leader Manish Sisodia & other accused worth over Rs 52 cr in Delhi Liquor scam case

The Enforcement Directorate has provisionally attached assets of Aam Adami Party leader Manish Sisodia and other accused worth over 52 crore rupees in the Delhi Liquor scam case. Other accused whose assets were attached include Amandeep Singh Dhall, Rajesh Joshi, Gautam Malhotra, and others.   According to the ED, the attached assets include immovable properties worth over 7.29 crore rupees of Manish Sisodia and Seema Sisodia, Rajesh Joshi, and Gautam Malhotra. The ED has attached over 128 ...

ED attaches assets worth over Rs 10 cr in a bank fraud case

April 1, 2020 9:10 PM

ED attaches assets worth over Rs 10 cr in a bank fraud case

Enforcement Directorate, ED has attached assets worth over ten crore rupees belonging to accused Madan Chand Jain, Gaurav Jain and others in a bank fraud case. The attached assets include Bank Balances, Investment in shares and 15 flats in Kolkata. The agency took up investigation under the provisions of Prevention of Money Laundering Act on the basis of CBI Chargesheets filed against the accused who took loan on the basis of fake deeds. The investigation revealed that the accused took loan of 3...

ED attaches over Rs 2500 cr assets of Haryana-based S R S group in connection with fraud case

January 9, 2020 5:29 PM

ED attaches over Rs 2500 cr assets of Haryana-based S R S group in connection with fraud case

Enforcement Directorate, ED has attached assets worth over 2,500 crore rupees in connection with a money laundering and fraud case against Haryana-based S R S group and its promoters. The agency has attached movable and immovable assets consisting of Land, Real Estate Projects, Residential Houses and fixed deposits under Prevention of Money Laundering Act. ED initiated investigations on the basis of FIRs registered at various Police Stations in Faridabad and Charge-sheets filed by Haryana Police...

Rs 8100-cr bank loan fraud: ED moves court against Sterling Biotech group promoters

October 26, 2018 2:38 PM

Rs 8100-cr bank loan fraud: ED moves court against Sterling Biotech group promoters

The Enforcement Directorate today moved a special court in New Delhi to get the owners of Gujarat-based Sterling Biotech group, declared fugitive economic offenders under a new law. They have been charged in an alleged 8,100-crore rupee bank loan fraud case.  The agency has also sought confiscation of the assets worth over 5,000 crore rupees of the Vadodara-based business family as part of the action under the fugitive law.   According to official, the central agency has filed a plea before a sp...