Money Laundering News - Latest Updates & Headlines
National Herald case: Delhi court declines to take cognisance of ED's charge sheet against Sonia, Rahul
New Delhi, April 25: A court here on Friday declined to issue notice to Congress Parliamentary Party Chairperson Sonia Gandhi and Leader of Opposition in the Lok Sabha Rahul Gandhi in the alleged National Herald money laundering case as it asked the Enforcement Directorate (ED) to bring more documents on record in respect of the charge sheet filed against political heavyweights.
Congress under impression that country is family property: BJP's Muraleedharan on protest against ED
Thiruvananthapuram, April 19: Amid Congress protests against the Enforcement Directorate's chargesheet in the National Herald case, BJP leader V. Muraleedharan launched a sharp attack on the party, accusing it of functioning like a "family-owned property."
Robert Vadra's questioning over in only one case, other witnesses to be examined: Sources
By Rajnish Singh, New Delhi, April 18: Businessman Robert Vadra's questioning in the Gurgaon land deal case is "concluded for now," but the Enforcement Directorate (ED) intends to question additional witnesses and gather further evidence, according to officials familiar with the matter.
Gandhi Parivar will have to face consequences for their actions: CM Gupta on National Herald case
New Delhi, April 18: Delhi Chief Minister Rekha Gupta has said the Gandhi family will have to face consequences for their actions in the National Herald case.
FIU-IND signs MoU with RBI for closer ties to combat money laundering
New Delhi, April 17: The Financial Intelligence Unit-India (FIU-IND) and the Reserve Bank of India (RBI) signed a Memorandum of Understanding (MoU) here on Thursday as part of continued efforts to strengthen coordination for the effective implementation of the Prevention of Money Laundering Act and Rules framed thereunder.
FIU-IND, RBI sign MoU for enhanced coordination and information exchange
New Delhi, April 17: The Financial Intelligence Unit- India (FIU-IND) and the Reserve Bank of India (RBI) signed a Memorandum of Understanding (MoU) here in the national capital on Thursday, as part of continued coordinated efforts in effective implementation of requirements of the Prevention of Money Laundering Act and Rules framed thereunder.
Robert Vadra's questioning by ED: A timeline of land deal case
New Delhi, April 17: Businessman Robert Vadra, son-in-law of former Congress President Sonia Gandhi, is facing the heat of the Enforcement Directorate's probe into a money laundering case linked to a land deal in Shikohpur, Haryana.
Committed to cooperating with authorities: EaseMyTrip on ED raid
New Delhi, April 17: After the Enforcement Directorate (ED) conducted multi-state searches, including at one of the premises of EaseMyTrip, in connection with the Mahadev online betting app-linked money laundering case, the online travel platform on Thursday said it remains committed to cooperating with the authorities.
ED chargesheet against Sonia, Rahul is 'politics of vendetta and intimidation': Jairam Ramesh
New Delhi, April 15: The Enforcement Directorate (ED) has filed its first chargesheet in the high-profile National Herald money laundering case, naming senior Congress leaders Sonia Gandhi, Rahul Gandhi, and Sam Pitroda, among others.
National Herald laundering case: ED files charges in court against Sonia, Rahul
New Delhi, April 15: Taking a big step against political heavyweights, the Enforcement Directorate (ED) filed a prosecution complaint in a Special Delhi court against Congress MPs Rahul Gandhi and Sonia Gandhi in the alleged National Herald or Associated Journals Limited (AJL) money laundering case, a lawyer said on Tuesday
MUDA case: Decision on closure report against Siddaramaiah after Lokayukta probe completion, says Court
Bengaluru, April 15: The Special Court for MLAs and MPs on Tuesday said that the decision on the closure report against Karnataka Chief Minister Siddaramaiah will be taken only after the completion of the Lokayukta probe.
Robert Vadra at ED office after fresh summons in Gurugram land deal case
New Delhi, April 15: Businessman Robert Vadra, husband of Congress leader and MP Priyanka Gandhi Vadra, reached the Enforcement Directorate (ED) office here on Tuesday after being served a fresh summons in connection with its ongoing probe into a land deal case in Gurugram, Haryana.
UAE to host summit on role of DNFBPs sector on combating financial crimes
Dubai, April 14: The UAE is set to host a significant summit focusing on "The Role of the Designated Non-Financial Businesses and Professions (DNFBPs) Sector in Combating Financial Crimes."
Banks want power to freeze mule accounts to stop cyber fraud: Report
New Delhi, April 13: Banks have asked for the power to freeze bank accounts being used for cyber frauds without waiting for court or police approval, according to a report by a working group set up by the Indian Banks' Association (IBA).
ED takes multi-city action to seize Rs 661 cr properties in Congress-linked Herald case
New Delhi, April 12: In fresh trouble for Congress party-controlled Associated Journals Limited (AJL), the Enforcement Directorate served notices to registrars of property in Delhi, Mumbai and Lucknow to take possession of attached properties worth Rs 661 crore, an official said on Saturday.
Madras HC directs TASMAC to file rejoinder to ED's counter affidavit by April 8
Chennai, April 1: The Madras High Court has directed the Tamil Nadu State Marketing Corporation (TASMAC) to file a rejoinder to the counter affidavit submitted by the Directorate of Enforcement (ED) by April 8.
Madras HC Division Bench to hear TN govt's petition on TASMAC searches on April 1
Chennai, March 31: A Division Bench of the Madras High Court will hear an amended writ petition filed by the Tamil Nadu government on April 1, challenging the Directorate of Enforcement's (ED) search and seizure operations at the Tamil Nadu State Marketing Corporation (TASMAC) headquarters in Chennai.
RBI Governor calls on President Murmu at Rashtrapati Bhavan
New Delhi, March 28: Reserve Bank of India (RBI) Governor Sanjay Malhotra called on President Droupadi Murmu at Rashtrapati Bhavan on Friday.
FATF emphasises need for public-private partnerships to step up global defences against financial crime
Mumbai, March 26: The Financial Action Task Force (FATF) has stressed the need for public-private partnerships to step up global defences against financial crime at the 2025 FATF Private Sector Collaborative Forum, which was held in Mumbai on Tuesday.
RBI Governor flags concerns over use of technology for money laundering and terror financing
New Delhi, March 26: Reserve Bank of India (RBI) Governor Sanjay Malhotra raised concerns on Wednesday over threats from money laundering and terror financing to the national and global financial systems, which are continuously evolving and becoming more sophisticated.
RBI Governor sees AI as key tool to combat money laundering
Mumbai, March 26: Reserve Bank Governor Sanjay Malhotra on Wednesday said that considering the evolving landscape of money laundering, regulators will need to continuously augment artificial intelligence (AI) and Machine Learning (ML) risk assessment framework to make appropriate system enhancements.
SEBI raises disclosure threshold for FPIs to Rs 50,000 crore
Mumbai, March 24: The Securities and Exchange Board of India (SEBI) on Monday announced that it has approved an increase in the disclosure threshold for foreign portfolio investors (FPIs) from Rs 25,000 crore to Rs 50,000 crore.
FATF forum in India to discuss global priorities for financial inclusion, cyber threats
New Delhi, March 24: Reaffirming India's responsible leadership in global efforts to combat money laundering and terrorist financing, the Financial Action Task Force (FATF) Private Sector Collaborative Forum (PSCF) 2025 is slated to be organised in Mumbai from March 25-27, the government said on Monday.
Enforcement actions against online money gaming firms intensified ahead of IPL season
New Delhi, March 22: The enforcement actions against offshore online gaming entities have been intensified by the Directorate General of Goods and Services Tax Intelligence (DGGI).
Centre blocks 357 illegal offshore online money gaming platforms, 700 under scanner
New Delhi, March 22: The government on Saturday said that it has blocked 357 websites/URLs of illegal/non-compliant offshore online money gaming entities so far, and 700 such entities are under the scanner.
J-K: SIA conducts one-day workshop on financial investigation
Jammu, March 20: The State Investigation Agency (SIA) of Jammu & Kashmir conducted a one-day workshop on Financial Investigation, Money Laundering and Terror Financing here on Thursday, which was coordinated by DDP SIA at the SIA Headquarters.
Tamil Nadu: ED Chennai conducts search operations at various premises for offences related to TASMAC
Chennai, March 13: Enforcement Directorate (ED), Chennai, conducted search operations at various premises across many districts of Tamil Nadu under the provisions of PMLA, 2002, for various offences related to Tamil Nadu State Marketing Corporation Limited (TASMAC) and its associated entities/persons, said an official statement from the Central agency.
Nepal will be out of FATF grey list before deadline, says Finance Minister Paudel
Kathmandu, March 5: Nepal's Finance Minister Bishnu Paudel promised that Nepal will be out of the Financial Action Task Force (FATF) grey list for money laundering and terrorist financing before the given deadline of two years.
South Africa's national treasury upbeat about exiting FATF greylist
Johannesburg, Feb 25: South Africa's National Treasury has expressed confidence about exiting the Financial Action Task Force's (FATF) money-laundering grey list nearly two years after being placed on it for money-laundering concerns.
Nepal's FATF grey list inclusion sparks political row, Opposition seeks PM Oli's resignation
Kathmandu, February 23: Nepal's inclusion in the Financial Action Task Force (FATF) grey list has sparked a political row, with the opposition CPN-Maoist Center demanding Prime Minister KP Sharma Oli's resignation.
ED Hyderabad restores Rs 30-crore seized properties to SBI
New Delhi, Feb 15: 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.
Home Ministry seeks President's approval for prosecution of former Delhi Minister Satyendra Jain
New Delhi, February 14: Union Ministry of Home Affairs (MHA) has requested the President's approval to prosecute former Delhi Minister Satyendra Kumar Jain under Section 218 of Bharatiya Nagrik Suraksha Sanhita, 2023, sources said.
ED attaches assets valued at Rs 32.57 lakh belonging to some people in Sikkim
Gangtok, Feb 6: The Enforcement Directorate (ED) has provisionally attached movable and immovable assets valued at Rs 32.57 lakh belonging to some people under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, official sources said on Thursday.
FIU slaps Rs 9.27 crore penalty on crypto platform Bybit over PMLA violations
New Delhi, Feb 1: The government has slapped a penalty of Rs 9.27 crore on Bybit Fintech Limited (Bybit), a virtual digital asset service provider (VDA SP) over Prevention of Money Laundering Act, 2002 (PMLA) violations.
UAE delegation meets French officials to strengthen cooperation
Paris, January 18: A high-level delegation from the United Arab Emirates, led by the General Secretariat of the National Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations Committee (NAMLCFTC), visited Paris to discuss ways to enhance cooperation between the UAE and France in combating financial and organised crimes and strengthening international economic security.
Financial Intelligence Unit and National Housing Bank sign MoU for enhanced coordination
New Delhi, January 18: The Financial Intelligence Unit (FIU-IND) and the National Housing Bank (NHB) on Saturday signed a Memorandum of Understanding (MoU) as part of continued coordinated efforts in effective implementation of requirements of the Prevention of Money Laundering Act and Rules framed thereunder in New Delhi.
I will cooperate fully, but where is the case?: KTR on Formula E case
Hyderabad, January 16: Right after being questioned for hours by the Directorate of Enforcement (ED) in relation to the Formula E on Thursday, BRS working president KT Rama Rao questioned the validity of propping up a case against him and also challenged Telangana Chief Minister Revanth Reddy for a debate.
FIU-IND and IRDAI sign MoU for enhanced coordination and information exchange
New Delhi, January 6: The Financial Intelligence Unit-India (FIU-IND) and the Insurance Regulatory and Development Authority of India (IRDAI) on Monday signed a Memorandum of Understanding (MoU), the Ministry of Finance stated in a press release.