Follow Us on Google News New Delhi, July 11 (IANS) In a key development in the Rs 250 crore bank fraud case against an infrastructure company, the Enforcement Directorate (ED) has restored properties – attached as Proceeds of Crime (POC) – valued at Rs 55.85 crore to rightful claimants, an official said on Friday. The … Read more
Follow Us on Google News Bengaluru, July 8 (IANS) In a significant move to restore the Proceeds of Crime (POC) to the rightful claimants, the Enforcement Directorate (ED), Bengaluru Zonal Office, has taken a significant step by releasing properties valued at Rs 3.82 crore to the Karnataka Waqf Board in a money laundering case. The … Read more
Follow Us on Google News Hyderabad, June 13 (IANS) The Directorate of Enforcement (ED), Hyderabad Zonal Office has successfully accomplished the process of restoration of attached properties worth about Rs 611 crore to the victims of Ponzi schemes launched by Agri Gold group of companies. The present market value of the impugned properties is expected … Read more
Follow Us on Google News Imphal, June 13 (IANS) With the further improvement of the situation in Manipur, the state government on Friday restored mobile internet and data services in five valley districts, an official said. Commissioner (Home) N. Ashok Kumar in an order said that in view of overall improvement of law and order … Read more
Follow Us on Google News New Delhi, March 22 (IANS) In a significant move to return the Proceeds of Crime (POC) to rightful claimants, the Directorate of Enforcement (ED) has successfully restituted a property valued at approximately Rs 10 crore to the victims of money laundering in the case of M/s Priyanka Overseas Pvt Ltd … Read more
New Delhi, March 8 (IANS) In a significant move to restore the Proceeds of Crime (POC) to rightful claimants, the Enforcement Directorate (ED), Delhi Zonal Office has successfully restituted property valued at Rs 13.58 crore to victims of the offence of money laundering and rightful claimants in the case of Kamal Kalra, former HDFC Bank … Read more
Hyderabad, Feb 24 (IANS) The Enforcement Directorate’s Hyderabad Zonal Office has successfully accomplished the process of restitution of attached properties worth about Rs 3,339 crore to the victims of Ponzi schemes launched by the Agri Gold group of companies. The value of properties at the time of attachment was about Rs.3,339 crore and the present … Read more
New Delhi, Feb 15 (IANS) A Special Hyderabad court has allowed the ED to hand over properties worth Rs 30.71 crore to the State Bank of India in connection with a money laundering case against Sheetal Refineries Limited. Apart from causing a loss of Rs 136.29 crore to the SBI, the company caused a loss … Read more
Hyderabad, Feb 11 (IANS) The Enforcement Directorate (ED), Hyderabad Zonal Office, has successfully restored properties worth Rs 79.20 crore to the State Bank of India in connection with a money laundering case against Musaddilal Jewellers and others. Based on ED’s initiative, the State Bank of India (SBI) filed restitution applications under Section 8(8) of the … Read more
