Tag: ED

Ranbir Kapoor Summoned By ED In Mahadev Online Betting App Case

According to ED sources, they will record Ranbir’s statement as a witness.

Ranbir Kapoor in black kurta on a ramp

The Enforcement Directorate has summoned Bollywood actor Ranbir Kapoor in the infamous Mahadev online betting app case. He has been summoned on October 6. He was endorsing the online betting app, and thus, he has received the summons.

According to ED sources, they will record Ranbir’s statement as a witness. Ranbir is allegedly involved in promoting and endorsing the Mahadev betting app on various social media platforms.

During the investigation, the agency found that Ranbir Kapoor promoted a subsidiary app, which is also promoted by Mahadev Book app promoters, allegedly the actor received cash for the promotion, sources said. The agency found that Ranbir Kapoor has been a social media influencer for the online betting platform.

ED officials aim to determine when he began promoting the app, the amount of money he received for these promotions, and the method of payment (whether by check or in cash). They also aim to seek information about individuals with whom he came into contact for promotional purposes and wish to confirm if any contracts were signed.

Celebrity managers’ premises raided

The Mahadev Book app is an online betting platform which is being investigated by the ED and the police due to its illegal money laundering activities.

The company promoted by Sourabh Chandrakar and Ravi Uppal, was allegedly being run from Dubai, and laundered money through layered benami accounts. The entire scam came to light when back in February 2023, Chandrakar got married in a lavish ceremony wherein he spent Rs 200 crore in cash.

A few days ago, the ED had raided the offices of several celebrity managers in Mumbai and Delhi in the same case, and had seized cash worth Rs 2.50 crore.

Chandrakar’s wedding was attended by the some of the biggest names of Bollywood, including Tiger Shroff, Sunny Leone, Neha Kakkar, Vishal Dadlani, Elli AvrRam, Bharti Singh, Bhagyashree, Kriti Kharbanda, Nushrratt Bharuccha, Atif Aslam, Rahat Fateh Ali Khan, Ali Asgar, Krushna Abhishek and Sukhwinder Singh. These celebs also endorsed the betting apps.

As per ED, Rs 112 crore was paid to an event management company for the wedding via hawala, and around Rs 42 crore in cash was poured in for bookings at swanky hotels.

The listed celebs are expected to receive summons from the ED too.

Source: https://www.freepressjournal.in/entertainment/breaking-ranbir-kapoor-gets-summoned-by-ed-in-mahadev-app-scam

Centre brings GSTN under PMLA, enables sharing of data with ED, FIU

Goods and Services Tax Network (GSTN) is an information technology system which manages the GST portal.

The Centre on Saturday issued a notification to include the Goods and Services Tax Network (GSTN) under the ambit of the Prevention of Money Laundering Act (PMLA). With this, the GSTN is among those entities that have been mandated to share information with the Enforcement Directorate (ED) and the Financial Intelligence Unit (FIU) under the PMLA Act. These changes have been made under Section 66 of the PMLA, which provides for disclosure of information.

As per this notification, the FIU and the ED will also share information with the GSTN if they find that any GST assessee is involved in suspicious forex transactions. GST offences such as taking fake input tax credits, fake invoices, etc. will also be covered under the Prevention of Money Laundering Act.

Goods and Services Tax Network (GSTN) is an information technology system which manages the GST portal. The government is aided by private players in its efforts to monitor domestic financial activity with the GSTN.

The portal is aimed at providing shared IT infrastructure and services to Central and State governments, taxpayers and other stakeholders for implementation of GST. Some of GSTN’s functions are facilitating registration, forwarding returns to relevant Central and State authorities, computation and settlement of IGST, matching tax payment details with banking network, providing analysis of taxpayers’ profile and matching invoices.

Source : https://www.businesstoday.in/latest/economy/story/centre-brings-gstn-under-pmla-enables-sharing-of-data-with-ed-fiu-388865-2023-07-09

Delhi Excise Policy Scam: ED Attaches Assets Worth Over ₹52 Crore Of Manish Sisodia, Others; Kejriwal Says ‘ED Running Fake News’

As per a statement issued by the ED, the attached assets worth Rs 52.24 crore include immovable properties valued at Rs 7.29 crore.

The Enforcement Directorate (ED) has provisionally seized assets totaling Rs 52.24 crore in connection with the Delhi Liquor Scam case. Among those affected by the attachment are Manish Sisodia, Amandeep Singh Dhall, Rajesh Joshi, Gautam Malhotra, and others.

As per a statement issued by the ED, the attached assets worth Rs 52.24 crore include immovable properties valued at Rs 7.29 crore. These properties consist of two immovable properties belonging to Manish Sisodia and Seema Sisodia, a land/flat owned by Rajesh Joshi and Chariot Productions Media Pvt Ltd., as well as a land/flat associated with Gautam Malhotra.

“The attachment also includes movable assets worth Rs. 44.29 Crore including bank balances of Manish Sisodia (Rs. 11.49 lakhs), Brindco Sales Pvt. Ltd. (Rs. 16.45 Crore) and others. It is the 2nd Provisional Attachment Order issued in this case. The 1st provisional attachment Order issued was issued for attachment of immovable/movable properties worth Rs. 76.54 Crore of Vijay Nair, Sameer Mahandru, Amit Arora, Arun Pillai and others”, the statement read.

According to the statement, the total attachment in the case now stands at Rs 128.78 crore, and the estimated proceeds of crime involved in this case amount to at least Rs 1934 crore. So far, the ED has arrested a total of 12 individuals in relation to this case and has filed five prosecution complaints.

The investigation is currently ongoing, and further inquiries are being conducted.

On March 9, the Enforcement Directorate (ED) arrested former Delhi deputy chief minister Manish Sisodia in connection with the liquor policy case. This arrest followed several hours of questioning at Tihar Jail.

Previously, Sisodia had been arrested by the Central Bureau of Investigation (CBI) as part of its ongoing investigation into alleged irregularities in the formulation and implementation of the excise policy of the National Capital Territory of Delhi (GNCTD).

Source : https://www.freepressjournal.in/india/delhi-excise-policy-scam-ed-attaches-assets-worth-over-52-crore-of-manish-sisodia-others-kejriwal-says-ed-running-fake-news

 

ED says Rs 1 crore in unaccounted cash seized, Rs 600 crore in proceeds of crime detected in raids against Lalu Prasad’s family

The ED had launched raids on Friday at multiple locations linked to Prasad’s family members including that of his son and Bihar Deputy Chief Minister Tejashwi Yadav in Delhi.

The Enforcement Directorate on Saturday said it has seized “unaccounted cash” of Rs 1 crore and detected proceeds of crime worth Rs 600 crore after it raided RJD chief Lalu Prasad’s family in connection with the railways land for job ‘scam’ linked money laundering case.

It said the investigation is underway to unearth more investments made on behalf of Prasad’s family and their associates in various sectors, including real estate, at various places.

The ED had launched raids on Friday at multiple locations linked to Prasad’s family members including that of his son and Bihar Deputy Chief Minister Tejashwi Yadav in Delhi.

Source : https://www.moneycontrol.com/news/india/ed-says-rs-1-crore-in-unaccounted-cash-seized-rs-600-crore-in-proceeds-of-crime-detected-in-raids-against-lalu-prasads-family-10233881.html

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