financial investigation
Delhi Police Issues Notice to D K Shivakumar in National Herald Investigation: Financial Details Sought
Dec 06, 2025 02:44 am CST
The Delhi Police's Economic Offences Wing has issued a notice to Karnataka Deputy Chief Minister D K Shivakumar seeking financial details related to the National Herald case involving Congress leaders Sonia and Rahul Gandhi. The notice requests information about bank transfers to Young Indian, with a December 19 deadline for compliance. Sources claim Shivakumar is being politically targeted for his Congress loyalty.
ED Attaches Rs 1,120 Crore Assets in Major Fraud Investigation Against Anil Ambani's Reliance Group
Dec 05, 2025 05:04 pm CST
The Enforcement Directorate has seized Rs 1,120 crore in assets from Reliance Anil Ambani Group companies in connection with alleged bank fraud involving RHFL, RCFL, and Yes Bank. This latest action brings total attachments to Rs 10,117 crore as investigations reveal complex fund diversion schemes exceeding Rs 11,000 crore through various group entities.
ED Freezes Rs 523 Crore in Assets of Online Gaming Firms WinZO and Gameskraft Following Money Laundering Investigation
Nov 25, 2025 01:04 am CST
The Enforcement Directorate has frozen Rs 523 crore in assets belonging to gaming companies WinZO and Gameskraft for allegedly retaining customer funds after India's real-money gaming ban. The investigation revealed potential money laundering activities, unauthorized use of algorithms, and cross-border financial diversions through shell companies, with both firms operating real-money games domestically and internationally.
Enforcement Directorate Issues Fresh Summons to Anil Ambani in FEMA Investigation Linked to Highway Project
Nov 14, 2025 08:03 pm CST
The Enforcement Directorate has issued a fresh summons to Reliance Group chairman Anil Ambani to appear on November 17 in connection with a FEMA case related to the Jaipur-Reengus highway project. The investigation follows allegations that Rs 40 crore was siphoned from the project through shell companies, potentially connecting to a larger international hawala network exceeding Rs 600 crore.
ED Launches Investigation Into Al Falah University Funding Following Delhi Blast Terror Links
Nov 13, 2025 05:06 pm CST
Government authorities have ordered the Enforcement Directorate to investigate Al Falah University's financial operations after discovering links between the institution and suspects in the November 11 Delhi blast that killed 13 people. Four doctors associated with the university have been detained for allegedly planning the terrorist attack and misappropriating laboratory chemicals for bomb-making, prompting deeper scrutiny into the institution's operations and funding sources.
ED Summons Anil Ambani for Questioning in Rs 7,545 Crore Money Laundering Investigation
Nov 06, 2025 04:46 pm CST
The Enforcement Directorate has summoned Reliance ADAG Group Chairman Anil Ambani for questioning on November 14 regarding a major money laundering case. This follows the attachment of properties worth Rs 7,545 crore, including 132 acres in Navi Mumbai. Investigations reveal that RCOM and its group companies allegedly diverted over Rs 13,600 crore for loan evergreening and transferred Rs 12,600 crore to connected parties, violating loan terms.
Mumbai Police Uncovers Fake BARC Scientist's Decades-Long Espionage Network and Foreign Funding
Nov 03, 2025 01:51 pm CST
Akhtar Hussaini, arrested for impersonating a BARC scientist, received crores in foreign funding since 1995 allegedly for sharing nuclear secrets. Mumbai Police investigation reveals multiple fake identities, suspicious financial transactions, and possible international intelligence connections, raising significant national security concerns.
CBI Uncovers Rs 7.5 Crore Cash in IPS Officer Bribery Case During Punjab and Chandigarh Raids
Oct 17, 2025 11:55 pm CST
The Central Bureau of Investigation conducted extensive raids across Punjab and Chandigarh, uncovering Rs 7.5 crore in cash, gold jewelry, luxury watches, and documents for multiple properties from DIG Harcharan Singh Bhullar's residence. The 2009-batch IPS officer and his associate were caught in a bribery scheme and have been remanded to 14 days judicial custody while financial investigations continue.
ED Raids BC Jindal Group: Investigating Rs 505 Crore FEMA Violations and Overseas Fund Diversion
Sep 25, 2025 10:22 pm CST
The Enforcement Directorate has conducted raids at 13 locations linked to the BC Jindal Group over suspected FEMA violations. Investigators allege that firms owned by the Jindal family remitted Rs 505.14 crore to their Dubai-based entity as part of a complex financial operation involving multiple countries. The probe centers on alleged round-tripping of funds, manipulation of valuation reports, and diversion of investors' money through entities across various international jurisdictions.
Mumbai Police Uncovers Rs 15 Crore Transfer from Raj Kundra to Shilpa Shetty's Company in Fraud Investigation
Sep 25, 2025 02:42 pm CST
Mumbai Police's Economic Offences Wing has discovered that businessman Raj Kundra transferred Rs 15 crore to a company owned by actress Shilpa Shetty as part of their investigation into an alleged Rs 60 crore fraud case involving the defunct Best Deal TV. Officials are questioning the nature of this substantial payment and expect to summon both Kundra and Shetty for further questioning.