money laundering Archives - National Times

09 May

Punjab Cabinet Minister Sanjeev Arora Arrested by ED in Money Laundering Probe

Gurpreet Singh0 CommentsPolitics, Punjab, TrendingEnforcement Directorate, money laundering, Punjab cabinet, Sanjeev Arora

Chandigarh (Gurpreet Singh): In a significant political development, the Enforcement Directorate (ED) has arrested Punjab Cabinet Minister Sanjeev Arora in connection with an alleged money laundering case. The arrest followed a high-intensity raid at his residence that began early Wednesday morning. Witnesses reported seeing eight ED vehicles stationed outside the minister’s home during the operation, which marks a major escalation in the ongoing investigation into his financial dealings. According to agency sources, the ED has uncovered an extensive financial network involving Arora’s companies. The central agency alleges that more than ₹100 crore worth of mobile phones were involved in a…

31 Dec

ED Attaches ₹150 Crore London Property Linked to S Kumars Bank Fraud Case

Rajeev Sharma0 CommentsIndiabank fraud, Enforcement Directorate, money laundering, Nitin Kasliwal, S Kumars Nationwide

New Delhi, December 31, 2025: The Enforcement Directorate has provisionally attached an immovable property valued at ₹150 crore near Buckingham Palace in London as part of its probe into an alleged bank loan fraud and money laundering case involving textile major S Kumars Nationwide Ltd and its former chairman and managing director, Nitin Kasliwal. In a statement issued on Wednesday, the federal agency said the attachment was carried out under the Prevention of Money Laundering Act (PMLA). The property, described as high-value real estate, is held under the beneficial ownership of Kasliwal and his family members. According to the ED,…

19 Dec

ED Attaches Assets of Yuvraj Singh, Sonu Sood, Mimi Chakraborty in Illegal Betting App Probe

Rajeev Sharma0 CommentsIndia1xBet, ED probe, Enforcement Directorate, illegal betting app, money laundering

New Delhi, December 19, 2025: The Enforcement Directorate (ED) has provisionally attached assets belonging to former Indian cricketers Yuvraj Singh and Robin Uthappa, actor Sonu Sood, former Trinamool Congress MP and actor Mimi Chakraborty, and several other celebrities in connection with a money-laundering investigation linked to an alleged illegal online betting platform, official sources said on Friday.The action has been taken under the Prevention of Money Laundering Act (PMLA) in a case related to the betting app 1xbet, which investigators believe facilitated illicit financial transactions running into more than ₹1,000 crore. According to sources, the ED moved to attach properties…

05 Aug

Anil Ambani Appears Before ED in ₹17,000-Crore Money Laundering Probe

Rajeev Sharma0 CommentsBusiness000 crore bank fraud, Anil Ambani ED, money laundering, Reliance Group investigation, Yes Bank scam, ₹17

New Delhi, August 5, 2025 — Industrialist and Reliance Group Chairman Anil Ambani appeared before the Enforcement Directorate (ED) on Tuesday in connection with a sprawling money laundering investigation into alleged bank loan frauds exceeding ₹17,000 crore involving several of his group companies.Ambani, 66, reached the ED headquarters in central Delhi around 10:50 am, arriving in an electric vehicle. His statement is being recorded under the Prevention of Money Laundering Act (PMLA), official sources confirmed.The questioning comes just weeks after a sweeping ED operation on July 24, during which the agency raided 35 locations tied to nearly 50 companies and…