financial investigation

Mumbai, February 27 A court here on Friday accepted the closure report submitted by the city police's Economic Offences Wing (EOW) in the case related to an alleged Rs 25,000 crore scam at the Maharashtra State Cooperative Bank (MSCB), giving a clean chit to the late Ajit Pawar and other...

Kanpur (UP), February 26 Police here have frozen assets worth Rs 9.5 crore, including immovable properties, vehicles, and bank accounts, as part of the ongoing investigation into an alleged interstate racket involved in the large-scale trafficking of codeine-based cough syrups, officials said on...

New Delhi, February 26 The Enforcement Directorate questioned Reliance Group Chairman Anil Ambani for more than nine hours on Thursday during the second round of questioning in connection with an alleged bank fraud-related money laundering case involving his group company, RCOM, officials said...

New Delhi, February 26 Reliance Group Chairman Anil Ambani appeared before the Enforcement Directorate here on Thursday for a second round of questioning in connection with an alleged bank fraud-linked money laundering case.The 66-year-old businessman entered the federal probe agency's office...

Ranchi, February 25 The Jharkhand High Court on Wednesday rejected a petition filed by the relatives of former minister Kamlesh Singh in a complaint case registered by the Enforcement Directorate (ED).Kamlesh Singh's son, Surya Sonal Singh, daughter, Ankita Singh, and son-in-law, Narendra...

Gurugram, February 25 A former employee of a private company here was arrested for defrauding over Rs 90 lakh by creating a complex web of transactions to create fake invoices using the firm's funds, police said on Wednesday.Working as an operations administrator from 2017, the woman, in...

Kochi, February 25 Kerala Vigilance officials have arrested a panchayat official after allegedly catching him accepting a bribe of Rs 15 lakh for issuing a completion certificate for a warehouse, which officials described as the biggest seizure in the department's history.The accused, Deepesh...

New Delhi, February 25 The Enforcement Directorate said on Wednesday that it has attached Reliance Group Chairman Anil Ambani's Mumbai house, "Abode," worth Rs 3,716 crore, under the anti-money laundering law.The attachment comes a day before Ambani, 66, is expected to appear before the...

Ranchi, February 25 – The Jharkhand High Court has dismissed criminal revision petitions filed by the son, daughter, son-in-law, and wife of former Jharkhand Minister Kamlesh Singh in connection with a case of disproportionate assets and money laundering.A bench headed by Justice Rongon...

New Delhi, February 25 The Enforcement Directorate has seized Anil Ambani, chairman of the Reliance Group, Mumbai house, 'Abode', valued at ₹3,716 crore, under the anti-money laundering law, official sources said on Wednesday.The luxurious house, which stands 66 meters high with 17 floors, is...

Dharamshala, February 24 The Himachal Pradesh Police has arrested six members of an inter-state gang involved in trafficking newborns, bringing the total number of arrests in the case to nine, officials said on Tuesday.Of the total arrested, seven are women, they said, adding that the gang...

Bhopal, February 24 – Three people, including two sisters, have been arrested in Bhopal on charges of operating a prostitution racket and forcing religious conversion under the guise of providing jobs to vulnerable young women, police said on Tuesday.The accused have been identified as Amreen...

Chandigarh, February 24 Haryana Chief Minister Nayab Singh Saini on Tuesday informed the State Assembly that the state government had recovered nearly Rs 556 crore owed to it in the IDFC First Bank case."Nearly Rs 556 crore, including nearly Rs 22 crore in interest, was recovered within 24...

Chandigarh, February 23 A day after IDFC First Bank exposed a ₹590-crore fraud involving accounts of the Haryana government, Chief Minister Nayab Singh Saini on Monday said the state's Anti-Corruption Bureau will conduct a thorough investigation and assured that those found guilty will not be...

Bengaluru, February 23 – The Enforcement Directorate’s (ED) Bengaluru Zonal Office has filed an additional charge sheet against other accused persons in the Rs 2,300 crore illegal online betting scam involving Congress MLA K.C. Veerendra, also known as "Pappi," an official statement from the ED...

New Delhi, February 23 The RBI is monitoring the developments surrounding the Rs 590 crore fraud at IDFC First Bank, and there is no systemic issue, Governor Sanjay Malhotra said on Monday.IDFC First Bank had disclosed on Sunday that certain employees and others at a particular branch in...

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 The VACB, which is investigating the microfinance scam, has recorded the statement of SNDP Yogam general secretary Vellapally Natesan, officials said on Thursday.According to sources from the Vigilance and Anti-Corruption Bureau (VACB), a team led by SP S Sasidharan recorded...

Hyderabad, February 19 The DGGI, Hyderabad zonal unit, on Thursday said it has identified an alleged organized syndicate worth Rs 13,000 crore involved in operating "illegal" online gaming websites in the country, with the assistance of associated fintech companies, and has arrested one of the...

Prayagraj (UP), February 19 The Allahabad High Court has observed that there should be no room for discrimination or high-handedness when investigating agencies instruct banks to freeze accounts during cyber fraud investigations.A division bench of Justice Atul Sreedharan and Justice Siddharth...