Tag: Enforcement Directorate

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ED Files Charge Sheet in ₹145-Crore Sand Mining Case

KOLKATA: On Saturday, the Enforcement Directorate (ED) filed a charge sheet at the special CBI court regarding illegal sand mining in Bengal, estimating the financial irregularities at nearly Rs 145 crore. The charge sheet identifies 14 companies and four individuals, including businessman Arun Saraf and three employees. Another businessman, Anuran Kumar Senapati, previously questioned by the ED, has been designated as a witness. “My client fully cooperated with the investigating agency,” stated Senapati’s lawyer, Sanjib Dan. The ED’s investigation uncovered that illegal sand mining and sales had been ongoing for an extended period under various companies. They allege that Saraf…

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ED Seizes ₹100 Crore Assets of Amrapali Group

LUCKNOW: The Enforcement Directorate’s Lucknow zonal office has provisionally attached immovable assets valued at approximately ₹100 crore belonging to the Amrapali Group in relation to a money laundering investigation. The assets include the office and factory land and buildings connected to Mauria Udyog, a subsidiary of the Sureka Group founded by Navneet and Akhil Sureka of Amrapali Group. The investigation was prompted by multiple FIRs filed at various police stations in Gautam Budh Nagar, along with an order from the Supreme Court dated July 23, 2019, in the case of Bikram Chatterji & Others vs. Union of India & Others,…

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ED Requests Summary Report from Sambhajinagar Police on PMAY Case

CHHATRAPATI SAMBHAINAGAR: The Enforcement Directorate (ED) has contacted the Chhatrapati Sambhajinagar city police for the ‘C’ summary final report and all investigation documents related to the 2023 Prime Minister Awas Yojana (PMAY) housing tender case. This case was closed in June 2024 after a Judicial Magistrate First Class (JMFC) accepted the ‘C’ summary filed by the city police’s crime branch. An FIR was filed at the City Chowk police station on February 23, 2023, following a complaint from Deputy Municipal Commissioner Aparna Thete. The FIR was registered under various IPC sections relating to cheating and forgery against 19 accused. The…

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ED Arrests MD of Jayathri Infrastructures in Fraud Case

HYDERABAD: The Enforcement Directorate (ED) has apprehended Kakarla Srinivas, Managing Director of Jayathri Infrastructures India Pvt Ltd in Hyderabad. He is a key suspect in a multi-crore real estate pre-launch scam that reportedly defrauded numerous homebuyers. Srinivas, who had been evading arrest for several months, was captured by the ED’s Hyderabad unit in Chennai on Thursday evening. He was presented before the special PMLA court in Rangareddy on Friday and was remanded in judicial custody until December 31. The case revolves around alleged money laundering associated with extensive cheating of homebuyers and investors. The ED initiated an investigation under the…

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ED Seizes Vatika, Unitech Assets in Homebuyers’ Fraud Case

NEW DELHI: The Enforcement Directorate has attached assets valued at ₹80 crore from real estate firms, including Vatika and Unitech Groups, as part of a money laundering investigation concerning the Gurugram-based Ramprastha Group for alleged homebuyer fraud. A provisional order was issued by the federal investigative agency on Wednesday to attach these properties under the Prevention of Money Laundering Act (PMLA). The investigation focuses on Ramprastha Promoters and Developers Pvt Ltd (RPDPL) and its related entities. The total value of the attached assets is ₹80.03 crore, as stated by the Enforcement Directorate (ED). “The attached assets encompass movable and immovable…

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Allahabad HC upholds ED proceedings in Grand Venice case

PRAYAGRAJ: The Allahabad High Court on Thursday refused to quash proceedings by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act, 2002 (PMLA) concerning the FIR related to the Grand Venice project in Greater Noida, Gautam Budh Nagar. The court made important observations regarding the jurisdictional prerequisites and statutory protections governing the powers exercised under the Act. The Grand Venice project was developed on a commercial plot allocated by the Greater Noida Industrial Development Authority, intended for a theme-based commercial mall and an adjacent commercial tower. On June 9, 2015, an FIR was filed at the Kasna police…

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ED Raid at Models Group; Members Granted Anticipatory Bail

PANAJI: The Merces court has granted interim anticipatory bail to Natalina Vaz and her children, Nathan and Danira Vaz, involved in a land-grabbing case under investigation by the ED. Senior advocate S. Kantak, alongside advocate P. Talaulikar, informed the court that the FIR was filed around 15 years ago, and at that time, the accused had no connections to the construction company nor were they named in the FIR. They argued that the matter is solely a civil dispute and highlighted that they fully cooperated by providing all requested documentation to the ED. The complaint alleges that in 2004, Fr.…

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Court Denies ARC’s Request for DSK Property Auction

MUMBAI: A special Prevention of Money Laundering Act (PMLA) court has denied a request from Encore Asset Reconstruction Company Pvt Ltd (ARC), a secured creditor, to release and auction properties tied to the Deepak Sakharam Kulkarni (DSK) group case. The judge highlighted that the properties in question were not only seized by the Enforcement Directorate (ED) under the PMLA but were also under the state’s attachment pursuant to the Maharashtra Protection of Interest of Depositors (MPID) Act. Judge R B Rote remarked, “Considering the circumstances, the applicant cannot vacate the attachment on mortgaged properties nor proceed with the auction. This…

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ED Files Chargesheet Against Ansal Properties and Promoters

NEW DELHI: On Tuesday, the Enforcement Directorate filed a money laundering chargesheet against Ansal Properties and Infrastructure Ltd. (APIL), a real estate firm based in Gurugram, along with its directors Sushil Ansal, Pranav Ansal, and Gopal Ansal. The prosecution complaint was submitted to a special Prevention of Money Laundering Act (PMLA) court by the Gurugram zonal office of the federal agency, related to alleged environmental law violations, according to an ED statement. Individuals identified in the complaint include APIL as well as its directors and shareholders: Sushil, Pranav, and Gopal Ansal. The company and its promoters could not be reached…

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Hyderabad: ED Raids Bhuvan Teza Infra in Flat Scam Probe

HYDERABAD: The Enforcement Directorate executed searches at six sites associated with Bhuvan Teza Infra Projects Private Ltd on Wednesday, as part of an ongoing money laundering investigation connected to a pre-launch flat scam previously identified by the Central Crime Station (CCS). In the case reported by CCS, Bhuvan Teza Infra’s director, Chekka Venkata Subrahmanyam, is accused of collecting crores of rupees from buyers for ‘Happy Homes’ flats in Shamirpet, under pre-launch offers, yet failing to deliver the properties or refund the money. Investigators uncovered that many other customers were similarly deceived. A case filed by the Economic Offences Wing (EOW)…