Tuesday Dec 22, 2020 . The Enforcement Directorate (ED) are at the residence of Popular Front India (PFI) Chairman , OMA Abdul Salam, to question him regarding money laundering probe. Cases involving illicit money from Russia and former Soviet countries were largely connected to PEPs or powerful businesspeople with vested interests. Credit Suisse charged in money laundering … Money laundering cases are extraordinarily difficult to crack and the U.S. has struggled to police the murky gold trade. Up Next. Money laundering case: Shahbaz family’s assets seized . New Delhi, December 27 The ED has summoned Varsha Raut, wife of Shiv Sena MP Sanjay Raut, for questioning in the PMC Bank money laundering case … Money laundering case: Interim relief for Anand Grover from appearing before ED extended till January 6 Last year, the CBI had registered a case against Lawyers Collective, an NGO run by senior lawyers Indira Jaising and Anand Grover, for alleged violations … Almost all criminal activities yield profits, often in the form of cash, that the criminals then seek to launder through various channels. ED attaches Rs 11.86cr assets of Farooq Abdullah in money laundering case 'Tyaag' replaced by 'bhog,' oldtimers sidelined in TMC: Suvendu's parting shot at Mamata ED has been probing the Popular Front India for a long time now due to the cases filed against them under PLA. Earlier, five summons had been issued to Vihang Sarnaik to join the investigation by ED. The beleaguered tour and travels company, one of the top borrowers of the private lender, owes Rs 5,500 crore to a clutch of banks and non-banking financial institutions. The ED wants to question Varsha Raut with regard to "receipt" of … NAB freezes assets of Shehbaz Sharif family; Court … RCP Singh—Meet the IAS officer-turned politician who becomes new JD(U) president. A special court here on Thursday rejected the default bail plea of businessman Deepak Kochhar, husband of former ICICI Bank CEO Chanda Kochhar and an accused in money laundering case. FIA grills Shehbaz in money-laundering case ... on Friday grilled PML-N president Shehbaz Sharif in the Rs25 billion money-laundering charges against him and his sons at the Kot Lakhpat jail. Having hit the national headlines in 2007, he was alleged to have owed more than Rs 34,000 crore to the government in tax dues. With Kaloti they thought they had a rare opportunity to send a message to the entire gold industry. A Dhaka court today ordered the Anti-Corruption Commission to confiscate two flats and six acres of immovable properties of Proshanta Kumar Halder alias PK Halder in a money laundering case… December 23, 2020 . Shiv Sena MLA Pratap Sarnaik's son Vihang Sarnaik arrived at the Enforcement Directorate office on December 23. Money laundering is the illegal process of concealing the origins of money obtained illegally by passing it through a complex sequence of banking transfers or commercial transactions.The overall scheme of this process returns the "clean" money to the launderer in an obscure and indirect way. New Delhi/Bengaluru: Allegations of shady deals, irregularities in grant of government projects, instances of illegal imports dating back to 2017, money laundering and kickbacks running into crores of rupees — the Kerala gold smuggling case has opened a can of worms of suspected “networks” allegedly involving senior state government functionaries and diplomats. The bank moved more than $63 million for companies linked to Isturiz and the money laundering scheme between 2012 and 2016, ... “Take the case of a … Leung’s money laundering case is separate from a federal corruption probe that centers on real estate development, campaign donations and alleged bribes in … Money laundering case: NAB seizes assets of Shehbaz Sharif family. Vihang will be interrogated in connection with raid conducted at the legislator's residence. A drug-money laundering case allegedly involving Credit Suisse and a former Bulgarian wrestler could cost the bank millions of dollars. Salam has accused the central government of 'Vendetta action' against PFI. Top Story. Case study 2 Money Laundering Facts of the Case Mr. Andreou is an accountant and an administration service provider regulated by ICPAC, working in Cyprus. Money laundering is one of the EMPACT priorities, Europol’s priority crime areas, under the 2018–2021 EU Policy Cycle. Money laundering simply means conversion of black money (DirtyMoney) into white money (Clean Money) where the black money may not become white legally but appear to have become so. PMC Bank Money Laundering Case: ED Summons Sanjay Raut's Wife For Questioning. Money Laundering Bulletin is part of Maritime Intelligence, a trading division of Informa UK Limited, a company registered in England and Wales with company number 1072954 whose registered office is 5 Howick Place, London, SW1P 1WG. Mr. Andreou had employed one Compliance Officer (CO) who is a recently qualified accountant with no … The Enforcement Directorate (ED) is at the residence of Popular Front India (PFI) Chairman, OMA Abdul Salam in an inquiry session with him regarding the money laundering probe. PMC Bank money laundering case: ED summons Sanjay Raut's wife for questioning on December 29. 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