||ED has provisionally attached 87 properties worth Rs 4.15 Crore of M/s NGHI Developers India Ltd and its other group companies in connection with a Ponzi Scheme in the form of agriculture lands situated at Gwalior and Datia in MP, Sahjanpur in UP and Faridkot and Ludhiana in Punjab under the provisions of PMLA, 2002
||ED conducted searches and attached various movable and immovable assets worth Rs. 305.84 Crore of Joy Alukkas Verghese, Chairman of Joy Alukkas India Pvt Ltd in a case relating to hawala under FEMA, 1999.
||ED arrested Rajesh VR in the case of Sri Guru Raghavendra Sahakara Bank Niyamitha under the PMLA in bank fraud case. The Principal City Civil and Sessions Judge, Bangalore has granted 3 days’ ED custody.
||The Metropolitan Sessions Judge, Hyderabad has sentenced Smt. T Jayasree, M Chinna (employees of M/s Chakkilam Trade House Limited) and 3 bank officials namely S Narasimhan, A Sesibhushana Rao and S Arogyam to undergo rigorous imprisonment for a period of 7 years and to pay a fine of Rs. 50,000 each and M/s Chakkilam Trade House Limited to pay a fine of Rs. 1 lakh for committing the offence of money laundering in a bank frud case under PMLA.
||ED Bangalore has provisionally attached the bribe amount of Rs.20 lakh in the case of Akil Ahmed, Regional Officer, NHAI, Bangalore under the provisions of PMLA.
||ED conducted Search & Seizure under the provisions of PMLA, 2002 on 16.02.2023 on 22 locations in 06 Districts of UP in relation to fraudulent availment of Post-matriculation Scholarship Scheme. Cash worth Rs. 36.51 lacs and foreign currency $ 956, and various incriminating evidences and records related to money laundering were also found and seized during searches.
||ED has provisionally attached movable/ immovable assets in the form of land & building and plant & machinery worth Rs 828 Crore of M/s SEL Textiles Limited, a Ludhiana based company, in connection with case of Bank Fraud.
||In a terror financing case investigated by ED 04 terrorists namely Mohammad Shafi Shah, Talib Lali, Muzaffar Ahmad Dar, Mushtaq Ahmad Lone have been convicted by the Special Court, PMLA, Patiala House Court, New Delhi for the offence of money laundering d
||ED has searched 03 premises covering business premises of M/s Heera Constructions Company Pvt. Ltd. (HCCPL), Heera College of Engineering and Technology, Thiruvananthapuram and residential premises of Abdul Rasheed and his family members and others under the PMLA, 2002 in a bank fraud case.
||ED has arrested M Sivasankar, former Principal Secretary to the Kerala Chief Minister under PMLA, 2002 , in connection with the investigation being conducted relating to the LIFE Mission Scam. Hon'ble Special Court (PMLA), Ernakulam has granted ED custody till 20.02.2023.