The "principal officers" of AJL, Young Indian, and "key" Congress office bearers entered into a "criminal conspiracy" to acquire assets worth Rs 2,000 crore of AJL, a public company. This they did by transferring 99% shares in favour of Young Indian, a private company, for Rs 50 lakh : ED stated in chargesheet
Read More
The money laundering probe arose from a 2015 Central Bureau of Investigation (CBI) FIR against PACL India Ltd, PGF Ltd, late PACL promoter Nirmal Singh Bhanghu and others, accusing them of operating “fraudulent” investment schemes to defraud investors
Read More
Congress leaders Sonia and Rahul are majority shareholders of Young Indian, which is under the ED scanner over allegations that it acquired AJL and its assets for Rs 50 lakh while the properties were valued at over Rs 2,000 crores : ED
Read More
Robert Vadra was questioned in connection with a money laundering case linked to a land deal in Shikohpur, Haryana : ED
Read More
Akshay Chhabra was the kingpin of an international drug syndicate being run from Ludhiana in Punjab : ED
Read More
Gangotri Enterprises, a firm promoted by Vinay Shankar Tiwar is under investigation in connection with a Rs 1,500 crore bank loan fraud case
Read More
Searches were conducted in an ongoing investigation into money laundering and corruption allegations involving IAS officer Sanjeev Hans : ED
Read More
M/s PACL India Limited, M/s PGF Limited, Nirmal Singh Bhangoo and others were involved in operating fraudulent investment schemes to deceive investors : ED
Read More
Authority. ED had earlier conducted searches at more than 40 locations and subsequently arrested Arvind Dham and filed a Prosecution Complaint in September 2024
Read More
10 immovable properties situated in Mumbai and Kolkata and movable properties in the form of FDRs (Fixed Deposits Receipts), shares, mutual funds, investment in Alternative Funds belonging to various persons have been attached : ED
Read More