The Enforcement Directorate (ED) launched a series of coordinated search operations across Uttar Pradesh on Tuesday as part of an ongoing investigation into an alleged money laundering case involving a former Samajwadi Party (SP) legislator. The searches were carried out at multiple premises associated with the former MLA and individuals believed to be linked to...
The Enforcement Directorate (ED) has widened its investigation into an alleged financial irregularities case linked to funds associated with the Trinamool Congress (TMC), focusing on aircraft and helicopter purchases involving transactions estimated at nearly ₹160 crore. The agency is examining whether these high-value aviation acquisitions were financed using proceeds of crime or involved the laundering...
The Enforcement Directorate (ED) carried out coordinated search operations at multiple locations across Kolkata as part of an ongoing investigation into allegations that suspect funds were routed through bank accounts allegedly linked to individuals associated with the Trinamool Congress (TMC). The raids form part of a wider financial probe aimed at tracing the movement of...
In a significant development in the ongoing ₹200 crore money laundering case, the Supreme Court has allowed Bollywood actor Jacqueline Fernandez to withdraw her petition challenging proceedings initiated against her under the Prevention of Money Laundering Act (PMLA). The decision marks another key legal milestone in a high-profile case that has drawn widespread public attention...
The Enforcement Directorate (ED) carried out search operations at multiple locations in Delhi as part of its ongoing investigation into the alleged financial networks connected to the massive 2021 drug seizure at Mundra Port in Gujarat. The searches were reportedly linked to businessman Kabir Talwar, whose premises came under scrutiny as investigators sought to trace...
In a significant development in an ongoing financial investigation, Veena Vijayan, daughter of former Kerala Chief Minister Pinarayi Vijayan, appeared before the Enforcement Directorate (ED) for questioning in connection with a money laundering case being examined under the Prevention of Money Laundering Act (PMLA). The questioning marks another important step in a high-profile probe that...
In a major action against alleged financial fraud and cyber-enabled investment scams, the Enforcement Directorate (ED) has frozen assets worth ₹18.4 crore spread across 129 bank accounts as part of an ongoing investigation into a suspected online investment fraud network. The operation marks a significant escalation in efforts by authorities to trace illicit financial flows...
Quick-commerce startup Zepto has disclosed in its draft initial public offering (IPO) documents that its co-founders, Aadit Palicha and Kaivalya Vohra, received summons from the Enforcement Directorate (ED) in connection with an investigation under the Foreign Exchange Management Act (FEMA). The disclosure brings regulatory scrutiny into focus as the company prepares for one of the...
In a significant move against organized narcotics crime and illicit financial networks, the Enforcement Directorate (ED) carried out coordinated search operations across three states as part of an ongoing investigation into an alleged drug trafficking and money laundering racket involving approximately ₹142 crore. The large-scale operation marks a major escalation in efforts to dismantle criminal...
The Enforcement Directorate (ED) has carried out search operations at premises associated with the Vedanta Group as part of an ongoing investigation into alleged violations of the Foreign Exchange Management Act (FEMA), intensifying regulatory scrutiny of one of India’s largest natural resources and mining conglomerates. According to officials familiar with the matter, the searches were...