In a significant development in a high-profile financial fraud investigation, the Central Bureau of Investigation (CBI) has arrested Haryana-cadre IAS officer Pankaj Aggarwal in connection with an alleged banking scam involving approximately ₹504 crore. The arrest marks a major step in an ongoing probe into suspected financial irregularities and fraudulent transactions linked to a large-scale...
The Central Bureau of Investigation (CBI) has initiated a major probe into an alleged bank fraud involving a Mumbai-based company accused of causing a financial loss of ₹62.42 crore to a public sector bank. The case marks another significant action by investigative authorities against suspected corporate fraud and financial misconduct in the banking sector. According...
In a significant achievement for India’s international financial and diplomatic engagement, senior Indian official Vivek Aggarwal has been appointed as the Vice President of the Financial Action Task Force (FATF), marking the first time an Indian representative has been elected to the prestigious leadership position within the global watchdog organization. The appointment is being viewed...
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...
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) on Thursday launched a series of coordinated raids across multiple locations in West Bengal as part of an ongoing investigation into alleged financial irregularities and suspected money laundering activities linked to former Kolkata Police Deputy Commissioner Debasish Dhar, widely known by the nickname “Sona Pappu.” According to officials familiar with the...
Punjab Cabinet Minister and senior Aam Aadmi Party (AAP) leader Sanjeev Arora has been remanded to seven days of Enforcement Directorate (ED) custody in connection with an alleged ₹157 crore money laundering case linked to suspected fake mobile phone exports and financial irregularities. A court in Gurugram granted the ED custody after the federal agency...