Satyabrata Kumar

[ED @dir_ed]

ED has attached immovable assets worth ₹4.20 Crore belonging to Anil Deshmukh and his family under PMLA in a corruption case.

[ED @dir_ed]

Today, SBI led consortium has further realized Rs. 792.11 Crore by sale of shares handed over to consortium by ED. Till date assets worth Rs. 13,109.17 Crore have been handed over to Bank/ confiscated to GOI in case of Vijay Mallya, Nirav Modi and Mehul Choksi.

[ED @dir_ed]

ED has attached assets of M/s Jarandeshwar Sahkari Sugar Karkhana (purchase price of Rs. 65,75,00,000/- in the year 2010) situated at Chimangaon, Koregaon, Satara, Maharashtra under PMLA in a case related to Maharashtra State Co-operative Bank.

[ED @dir_ed]

Purvi Modi (sister of Nirav Modi )remitted an amount of USD 2316889.03 from the UK Bank account to the bank account of Government of India, Directorate of Enforcement. Thus, ED was able to recover appx. Rs.17.25 Crore (USD 2316889.03) from the Proceeds of crime.

[ED @dir_ed]

Special PMLA court grants custody of Kundan Shinde and Sanjeev Palande till 1st July to ED in the money laundering case against Anil Deshmukh and others. These two persons were earlier arrested at the early hours today by ED.

[ED @dir_ed]

Today, SBI led consortium received Rs 5824.5 Crore in its account from the sale of shares of United Breweries Limited. The sale had taken place on 23.06.2021 as sequel to the transfer of the shares to the Recovery Officer by ED.

[ED @dir_ed]

ED not only attached/ seized assets worth of Rs. 18,170.02 crore (80.45% of total loss to banks) in case of Vijay Mallya, Nirav Modi and Mehul Choksi under the PMLA but also transferred a part of attached/ seized assets of Rs. 9371.17 Crore to the PSBs and
Central Government.

[ED @dir_ed]

ED has attached movable and immovable assets worth Rs. 77.65 Crore of M/s Sunlight Housing Development Private Limited and its Directors in Bank Fraud case of Rakesh Wadhawan and Sarang Wadhawan Promoters of HDIL and others (Mack Star Case).

[ED @dir_ed]

ED attaches immovable and movable properties in the form of land, commercial and residential units in Mumbai, Indore, Delhi and Gurgaon and balances in bank account totaling to Rs. 32 Crore of television channels namely Fakt Marathi, Box Cinema and Maha Movie in TRP scam case.

[ED @dir_ed]

ED attaches commercial properties worth Rs. 35.48 Crore belonging to Raj Shroff and his wife, owners of M/s Jindal Combines Pvt. Ltd & M/s Orlando Trading Pvt. Ltd. under PMLA in Bank Fraud case.

[ED @dir_ed]

Today, PMLA Spl Court Mumbai has declared Hajra Memon, Junaid Memon and Asif Memon ‘Fugitive Economic Offender’ under FEOA on the application of ED. Spl Court has directed ED to seize their properties in India and abroad after following due process of law in Iqbal Mirchi case

[ED @dir_ed]

ED conducted searches at five premises belonging to Viva Group and its associates and recovered incriminating digital evidence and documents.

[ED @dir_ed]

ED moves application before the designated court under FEOA to declare Junaid Memon, Asif Memon (both sons of Iqbal Mirchi) and Hajra Memon (wife of Iqbal Mirchi) as fugitive economic offenders.

[ED @dir_ed]

ED issued a Provisional Attachment order attaching assets worth ₹ 14.45 crores of Gitanjali Group of companies and its director Mehul Choksi in PNB bank fraud case.

[ED @dir_ed]

ED attaches shares worth ₹ 452 crores of ILFS Tamil Nadu Power Company (ITPCL) held in the name of M/s A. S. Coal Pte Singapore (a shell company), owned by a British National, Jaimin Vyas under PMLA in a fraud case.

[ED @dir_ed]

ED attaches properties worth ₹ 72 crores belonging to Pravin Raut under PMLA in a PMC Bank loan cheating case.

[ED @dir_ed]

Nirav Modi’s sister Purvi Modi and her husband Maiank Mehta turn approver for assisting in confiscation of 2 Flats in New York, 1 each in London and Mumbai, Balances in 2 Swiss Bank Accounts and a bank account in Mumbai totaling to ₹ 579 crores in Nirav Modi bank Fraud case.

[ED @dir_ed]

On the basis of prayer of ED, Hon'ble Special Judge issues notice to Junaid Iqbal Memon, Asif Iqbal Memon ( both sons of Iqbal Mirchi) and Hajra Memon ( wife of Iqbal Memon) under Fugitive Economic Offenders Act, 2018 (FEOA) for appearance till 16.02.2021.

[ED @dir_ed]

ED seizes asset worth 1.6 Million Euros through French authority located at 32 Avenue FOCH, France of Vijay Mallya under PMLA in a #BankFraudCase

[ED @dir_ed]

Sharing of evidences collected by ED under PMLA ensures reversal of SAFEMA’s 2005 order in r/o forfeiture of assets worth ₹500 Crore. These assets were also attached under PMLA in #IqbalMirchiCase, which also now stands forfeited by the Competent Authority (SAFEMA/NDPS Act).