Browsing Tag

PMLA

19 posts
In a significant ruling on February 23, 2026, the Bombay High Court overturned an interim stay, permitting Bank of Baroda, IDBI Bank, and Indian Overseas Bank to resume fraud-tagging proceedings against Anil Ambani over alleged fund diversion in Reliance entities. This comes as the ED continues its PMLA crackdown, having attached assets exceeding ₹12,000 crore, including the Ambani family's Pali Hill home in Mumbai.

ED Tightens Noose on Anil Ambani Group: Assets Worth ₹1,120 Crore Attached, Total Seizures Cross ₹10,117 Crore

The ED has attached properties worth ₹1,120 crore belonging to the Reliance Anil Ambani Group in the Yes Bank–Reliance Finance fraud probe, pushing cumulative attachments to ₹10,117 crore. The assets include major Mumbai real estate, Chennai plots, Panvel flats, and large financial holdings tied to multiple group entities.
The ED has attached properties worth over ₹51 crore linked to Ocean Seven Buildtech in a money laundering case involving diversion of funds collected from homebuyers for incomplete affordable housing projects. Promoter Swaraj Singh Yadav is accused of orchestrating the fraud through arbitrary cancellations, inflated resales, and misuse of escrow funds. Probe continues.

SBI Loses ₹1,266 Crore: ED Attaches Dubai Properties Gifted by Fraud Accused to Daughter

The ED has attached nine Dubai properties worth ₹51.70 crore linked to Shrikant Bhasi, accused in the ₹1,266-crore SBI fraud. Investigators found the assets were purchased using laundered funds and later gifted to his daughter to conceal ownership.
The Enforcement Directorate has arrested Amit Katyal, alleged aide of Lalu Prasad Yadav, in a massive ₹300-crore real estate fraud tied to Gurugram’s stalled Krrish Florence Estate project. Investigators uncovered fund diversion, fake bookings, undervalued land sales, and losses to a public sector bank.

Lalu Prasad Yadav’s Close Aide Amit Katyal Arrested in ₹300-Crore Real Estate Fraud: ED Cracks Down

The Enforcement Directorate has arrested Amit Katyal, alleged aide of Lalu Prasad Yadav, in a massive ₹300-crore real estate fraud tied to Gurugram’s stalled Krrish Florence Estate project. Investigators uncovered fund diversion, fake bookings, undervalued land sales, and losses to a public sector bank.
The ED has attached properties worth over ₹51 crore linked to Ocean Seven Buildtech in a money laundering case involving diversion of funds collected from homebuyers for incomplete affordable housing projects. Promoter Swaraj Singh Yadav is accused of orchestrating the fraud through arbitrary cancellations, inflated resales, and misuse of escrow funds. Probe continues.

ED Clears Restitution of ₹55.85 Crore Attached Properties to SBI in Varron Aluminium Case

The Enforcement Directorate will restore three attached properties worth ₹55.85 crore to SBI after the Special Court (PMLA) approved restitution in the Varron Aluminium fraud case.
The Enforcement Directorate has attached eight immovable properties worth ₹67.03 crore linked to the Popular Front of India (PFI) and its political front SDPI. The properties, spread across Kerala, were registered under various trusts and foundations allegedly controlled by PFI. With this, the total value of assets attached in the case now stands at ₹129 crore.

ED Attaches ₹67 Crore Worth of Properties Linked to PFI and SDPI

The Enforcement Directorate has attached eight immovable properties worth ₹67.03 crore linked to the Popular Front of India (PFI) and its political front SDPI. The properties, spread across Kerala, were registered under various trusts and foundations allegedly controlled by PFI. With this, the total value of assets attached in the case now stands at ₹129 crore.