India’s financial crimes agency challenged a lower court order in the money laundering case of businessman Satinder Singh Bhasin.
Tag: PMLA
Supreme Court Grants Bail to Former Chhattisgarh Excise Commissioner in PMLA and Corruption Case
The Supreme Court of India granted bail to Niranjan Das the former Chhattisgarh excise commissioner after he spent significant time in custody in connection with PMLA and corruption charges.
PMLA Case: SC Rules Cognisance Cannot Be Taken Without Hearing Accused First
India’s Supreme Court ruled that courts cannot take cognisance under the Prevention of Money Laundering Act without first hearing the accused as mandated by the Bharatiya Nagarik Suraksha Sanhita.
Foreign Exchange Fraud Network Busted in Mumbai; ED Attaches Rs 45 Crore in Assets
The Enforcement Directorate busted a foreign exchange manipulation network in Mumbai and attached assets worth Rs 45 crore under the Prevention of Money Laundering Act.
ED Arrests Nowhera Shaik in Rs 10000 Crore Heera Gold Fraud Case After Tracing Her to Haryana
The Enforcement Directorate arrested Heera Gold founder Nowhera Shaik who had allegedly cheated thousands of investors