The Latest Breaking News from ED

ED reveals P. Satheesh Kumar, accused in Karuvannur Service Cooperative Bank fraud case, was benami of prominent political leaders and police officers. Defence lawyers contend ED has no evidence against political leaders, court to consider case Nov 27.

ED attaches ₹757.77cr of Amway India's movable/immovable properties for allegedly running pyramid scheme. Complaint filed under PMLA 2002. Telangana Police had registered FIRs against Amway & its directors for cheating public by promising high commissions/incentives. ED investigation revealed MLM scheme instead of sale of goods & ₹2,859cr siphoned & parked…

In a setback to Housing and Minorities Welfare Minister B.Z. Zameer Ahmed Khan, the High Court of Karnataka on Saturday refused to quash a corruption case registered by the Lokayukta police against him for allegedly possessing disproportionate assets worth ₹87.44 crore, which is 2,031% excess of his income from all…

ED seizes shares of MGM Maran, MGM Anand shares in four MGM companies

The news of Sahara Group chairman Subrata Roy’s death earlier this week has worried lakhs of small time investors

According to the ED, the assets attached under the Prevention of Money Laundering Act (PMLA) are registered in the name of Vinay Shankar Tiwari

Justice Saurabh Banerjee issued notice to the investigating agency on Munjal's petition against the ED case and granted it time to file its reply. Read further on Dynamite News:

The Delhi High Court stays ED proceedings against Hero Motocorp chairman Pawan Kant Munjal in money laundering case. Court grants interim relief, noting similar stay order passed on predicate offence. ED free to proceed according to law. ED alleged Munjal used foreign currency for personal expenses abroad, attached assets worth…

U.S. millionaire Neville Roy Singham who is accused of spreading Chinese propaganda in India, is stated to be currently based in Shanghai, China.