[ad_1] Mumbai: A special PMLA court here on Tuesday granted bail to Subash Parab, a close aide of fugitive diamond merchant Nirav Modi, in the multi-crore Punjab National Bank (PNB) scam case. Parab was a deputy general manager (finance) at Firestar Diamond, a firm owned by Modi, and was deportedContinue Reading
[ad_1] New Delhi: The Supreme Court on Monday junked a plea moved by the Popular Front of India’s (PFI) student wing leader, K.A. Rauf Sherif, seeking a transfer of a money-laundering case lodged against him from Lucknow to Kerala’s Ernakulam. A bench of Justices V. Ramasubramanian and Pankaj Mithal said:Continue Reading
[ad_1] New Delhi: The Enforcement Directorate (ED) on Wednesday said that they have frozen Rs 18.79 crore held in 18 bank accounts of a Hyderabad-based company Multyjet Trade Pvt Ltd, its promoter director Tekula Mukthiraj and others in a PMLA case. The ED initiated investigation under PMLA on the basisContinue Reading
[ad_1] New Delhi: The Reserve Bank of India (RBI) has furnished a list of digital lending apps (DLAs) being used by the regulated entities (REs) of RBI to the Ministry of Electronics & Information Technology (MeitY), which in turn has shared the list with the respective intermediary (app stores) andContinue Reading
[ad_1] New Delhi: The Supreme Court on Wednesday said it will hear on January 31, a plea by journalist Rana Ayyub against the summonses issued by a Ghaziabad court in connection with a Prevention of Money Laundering Act (PMLA) case. The top court asked the Ghaziabad court to adjourn theContinue Reading