asset recovery

New Delhi, March 19 The CBI questioned industrialist Anil Ambani for nearly eight hours on Thursday in connection with a Rs 2,929-crore fraud case, registered against Reliance Communications Ltd and him on a complaint by the State Bank of India, officials said.In a separate case, the CBI...

New Delhi, March 18 – The Enforcement Directorate (ED) has returned immovable properties worth approximately Rs 650 crore to 2,312 genuine homebuyers in connection with the money laundering investigation against the SRS Group, officials said on Wednesday.The return of the properties was...

New Delhi, March 16 Top 10 willful defaulters, including ABG Shipyard, Gitanjali Gems, and Housing Development and Infrastructure, owe Rs 40,635 crore to banks as of March 31, 2025, Parliament was informed on Monday.ABG Shipyard Ltd tops the list with Rs 6,695 crore due to banks, followed by...

Dhar, March 13 A group posing as Income Tax officials entered the home of a contractor in Dhar, Madhya Pradesh on Friday, claiming to be investigating the issue of undeclared wealth, and stole approximately 50 tolas of gold and several lakh rupees in cash, police said.The incident occurred at...

New Delhi, March 9 Secretary of the Department of Financial Services, M Nagaraju, chaired a review meeting on Monday to monitor the progress in top insolvency and bankruptcy cases pending for admission and resolution at the National Company Law Tribunal (NCLT).The meeting was attended by...

Bengaluru, March 7 The Karnataka Lokayukta Police conducted simultaneous searches at more than four locations linked to a government official accused of possessing disproportionate assets on Saturday, and recovered properties worth approximately Rs 3.08 crore, officials said.The searches were...

Bhubaneswar, March 7 – The Odisha Vigilance conducted simultaneous searches at seven locations linked to Pramod Ray, Assistant Executive Engineer (AEE) of the Derabish Irrigation Sub-Division under the Kendrapara Irrigation Division, on Saturday, officials said.The raids followed allegations...

Gurugram, March 6 – The Enforcement Directorate's (ED) Gurugram Zonal Office provisionally attached immovable properties worth approximately ₹206.40 crore on Friday in connection with a money laundering case involving TDI Infrastructure Ltd., officials said.According to the agency, the...

Chennai, March 5 – The Enforcement Directorate (ED) has conducted coordinated searches at multiple locations in Mumbai and Chennai in connection with an alleged investor fraud involving M/s Atum Capital Pvt Ltd and its associated entities.The searches were carried out on February 27 under the...

Ahmedabad, February 25 – The Enforcement Directorate’s (ED) Ahmedabad zonal unit conducted searches at nine locations in Ahmedabad on Wednesday, targeting the premises of the Anas Group and its associated partners, officials said.The group is involved in the processing, packaging, and...

Bhubaneswar, February 25 – Vigilance officials arrested a wealthy mining officer on Wednesday after recovering a record sum of over Rs 4.27 crore from his rented accommodation during simultaneous searches at multiple locations linked to the official.The accused, Debabrata Mohanty, Deputy...

Bhubaneswar, February 25 – In the largest-ever cash seizure by Odisha's Vigilance Department, anti-corruption officials on Wednesday recovered over ₹4 crore in cash from the flat of the Deputy Director of Mines, Cuttack Circle, in Bhubaneswar.The accused, identified as Debabrata Mohanty, was...

Bhubaneswar, February 25 Stacks of cash, packed in trolley bags, were allegedly recovered from the house of an Odisha Mines Department officer, who was arrested in a corruption case, officials said on Wednesday.A total of Rs 4 crore in cash was seized from an apartment in Bhubaneswar owned by...

Bhubaneswar, February 25 Stacks of notes packed in trolley bags were allegedly recovered from the house of an Odisha Mines Department official, who was arrested in a corruption case, officials said on Wednesday.A total of ₹4 crore in cash was seized from an apartment in Bhubaneswar owned by...

New Delhi, February 22 The Enforcement Directorate (ED) has set a target of filing 500 charge sheets in money-laundering cases in the current financial year, and investigating officials have been directed to ensure that once a case is registered, the investigation should be completed within one...

Kochi, February 19 – In a major step towards compensating victims of the ₹2,000-crore Popular Finance scam, the Special Court for PMLA Cases at Ernakulam has ordered the return of assets worth ₹65.07 crore to the Competent Authority under the Banning of Unregulated Deposit Schemes Act, 2019...