The Central Bureau of Investigation (CBI) on Friday was conducting raids at 16 different locations in Bihar and Delhi linked to Rashtriya Janata Dal (RJD) chief Lalu Prasad and his daughter, Misa Bharti, in connection with a land for job scam.
The scam involved taking land from unemployed youths on the pretext of providing them government jobs.
A CBI source said that a fresh case was recently lodged against Lalu and others for accepting bribes from unemployed youths and cheating them on the pretext of providing them jobs in the government sector.
"Yadav, when he was the Union minister, through his aide or directly told the innocent persons that he would help them get government jobs. And they took land from the job seekers. However, the jobs were not provided to all," the source said.
When asked how many such land pieces were acquired by Lalu and others through this, the source said they were making a list.
The CBI officials are also recording the statements of those who are present at the locations.
This comes weeks after the RJD leader was granted bail in the Rs 950-crore fodder scam case. He has already been convicted in five cases of the fodder scam.
The Central Bureau of Investigation (CBI) is conducting search operations in four cities in connection with an IPL betting racket involving a Pakistani national.
The searches are going on in Delhi, Jaipur, Hyederabad and another city. The agency has recovered a few incriminating documents during the raids so far.
The CBI has lodged an FIR against three persons who have been identified as Dileep Kumar, a resident of Delhi's Rohini area, and Gurram Satish and Gurram Vasu, both residents of Hyderabad. The trio allegedly influenced IPL matches in 2019 on the instruction of a Pakistani handler.
They were in touch with a Pakistani national named Waqas Malik, who used to call them frequently from across the border.
The accused had allegedly opened multiple bank accounts using forged documents and by bribing bank officials to route hawala money involved in the IPL betting racket.
"A reliable information was received about a network of individuals involved in cricket betting by influencing the outcomes of Indian Premier League (IPL) matches based on inputs received from Pakistan. They were cheating the general public by inducing them for betting," a CBI official said.
The official added that a part of the money received from the general public in India on account of such betting activities was shared with their associates based in foreign countries using hawala transactions. As per the information received, the said network of individuals was involved in cricket betting since 2013.
"The trio and others were in contact with one Pakistani suspect named Waqas Malik, who contacted Kumar and Satish and some unknown persons in India using a Pakistani number. They were all part of a network involved in illegal betting activities," the CBI official said.
Kumar, Satish and Vasu used different IDs in KYC forms of the bank accounts in connivance with unknown bank officials. Transactions worth over Rs 45 lakh were found to be suspicious in one of Kumar's accounts.
This network of individuals was involved in betting in IPL matches held in 2019. They were routing the money for illegal purposes.
"The transactions of domestic deposits in the bank account of Vasu defied economic rationale. They were valued at more than Rs 5.37 crore between 2012-13 and 2019-20. The KYC documents of the suspect bank accounts were not properly scrutinised by the bank officials. Maximum cash deposited in these accounts were of pan-India nature which further substantiated the allegation of these unusual financial transactions being linked to cricket betting and other criminal activities," the official said.
IAS officer and Jharkhand Mines Secretary Pooja Singhal was on Wednesday arrested by the Enforcement Directorate (ED) after her second day of questioning in connection with the ongoing probe of Prevention of Money Laundering case pertaining to alleged embezzelment of MNREGS funds.
Singhal on Wednesday she again joined the probe after being grilled for 9 hours on Tuesday. The ED, after collecting enough evidence against her, placed her under arrest.
The ED sources said that they would scan her transactions of the last three years, to check the suspicious money trail, if any.
The agency is also scanning details of all her properties.
A source said that total of four cars of her husband Abhishek Jha's CA Suman Kumar, who was arrested on Saturday, have been seized, as sources said that someone else had made the payments for luxury cars, which is suspicious.
Cash amounting to around Rs 19 crore which was recovered in the raids by the ED. It is said that it was Singhal's money. The ED will try to know from where this cash came from.
Apart from the CA, her husband was placed under arrest on Saturday.
Suman Kumar was then sent to five days ED custody which is ending on Wednesday.
He had come on the radar during the course of the investigation. He also handles accounts of Singhal's husband.
The Enforcement Directorate (ED) had on Friday morning conducted raids at more than 18 places, including Ranchi, Chandigarh, Mumbai, Kolkata, Muzaffarpur, Saharsa, and in several parts of NCR including Faridabad and Gurugram as well as Noida.
They had to take help of bank officials and a currency counting machine to estimate the amount of cash seized
The Enforcement Directorate (ED) on Friday conducted raids in over 18 locations in connection with Prevention of Money Laundering case related to illegal mining and misappropriation of MGNREGA funds in Jharkhand.
Around Rs 17 crore in cash and a few incriminating documents were recovered from a Jharkhand based CA's house.
A source said that the CA is close to IAS officer Pooja Singhal whose premises were also searched in the raid.
Raids were conducted at Ranchi, Chandigarh, Mumbai, Kolkata, Muzaffarpur, Saharsa, besides several parts of NCR, including Noida, Faridabad and Gurugram.
"Hariom Tower of Ranchi's Lalpur area, Faridabad and other places are being searched. We have recovered a few incriminating documents in the raid. Residents of senior government officials are being searched by the teams," the source said.
Notably, Jharkhand Chief Minister Hemant Soren is also mining minister. The raids started early Friday morning and were still on.
The probe team is being assisted by the local police. It is also recording the statements of few people.
The ED is yet to release any official statement in this respect.
The Central Bureau of Investigation (CBI) has recovered incriminating documents from the premises of three top realtors -- Shahid Balwa, Avinash Bhonsle and Vinod Goenka -- in Mumbai and Pune during raids in connection with Yes Bank-DHFL scam.
The federal probe agency had arrested Sanjay Chabaria of Radius Developers, three days back and raids were conducted following his interrogation.
Radius Developers had taken a loan of Rs 3,000 crore from Dewan Housing Finance Limited (DHFL) on the pretext of financing a project in Mumbai.
"Bhonsle, Goenka and Balwa allegedly used their firms to channel money of the loan. Hence their premises were also raided," the source had said.
The source said that they have recovered a few incriminating documents, digital and documentary evidence in the raids conducted on Saturday.
A few persons were also quizzed by the CBI. The sources said that more arrests in the case is likely.
In March 2020, a case of loan fraud of Rs 3,600 crore was lodged by the CBI against Rana Kapoor, the promoter Director and CEO of Yes Bank for entering into a criminal conspiracy with Kapir Wadhawan, promoter Director of DHFL and others.
They extended financial assistance to DHFL by Yes Bank Limited in lieu of substantial undue benefit to himself and his family members through the companies held by them.
Between April and June 2018, Yes Bank Limited invested Rs 3,700 crore in the short term debentures of DHFL. Simultaneously, Wadhawan paid a kickback of Rs 600 crore to Kapoor and his family members in the garb of builder loan of Rs 600 crore given by DHFL to DOIT Urban Ventures (lndia) Private l-imited, a wholly owned subsidiary of RAB Enterprises (lndia) Private limited in which Bindu Kapoor, wife of Kapoor is a director and 100 per cent shareholder.
Daughters of Kapoor Roshini Kapoor, Radha Kapoor Khanna and Raakhe Kapoor Tandon are 100 per cent shareholders of DOIT Urban Ventures (lndia) Private limited through Morgan Credits Private Limited.
It was learned that a loan of Rs 600 crore was sanctioned by DHFL to DOIT Urban Ventures (lndia) Private Limited on the basis of a mortgage of a sub-standard property having very meager value and by considering its future conversion from agricultural land to the residential land.
Also, the DHFL had not redeemed the amount of Rs 3700 crore invested by Yes Bank in its debentures till date. In addition to the above, Yes Bank also sanctioned a loan of Rs 750 crore to RKW Developers Private Limited which is a DHFL group company for their Bandra Reclamation Project.
And the whole amount was siphoned off by Wadhawan since the entire amount was transferred by RKW Developers Private Limited to DHFL without making an investment in Bandra Reclamation Project for which the loan was sanctioned. Thus, Kapoor, obtained undue pecuniary advantage from DHFL through the companies held by his wife and daughters. It was also learnt that Kapoor had obtained illegal kickbacks directly or indirectly through entities controlled by him or his family members.
Carrying forward his policy of zero tolerance on corruption, Uttar Pradesh Chief Minister Yogi Adityanath, on Monday, asked all ministers and government officers (IAS and IPS) to furnish details of their and their spouses' assets.
The information would be put in the public domain on government portals and updated annually.
Chief Minister Yogi also asked ministers to ensure that their families and relatives do not interfere in the working of their ministries.
He had earlier asked ministers not to appoint their relatives as their personal secretaries.
According to sources, the chief minister had received complaints about a minister whose MP son is reportedly interfering in the ministry.
BJP MP Brijlal said that this would be a historic step and would make the system completely transparent.
Earlier, the chief minister had directed his ministers and officers to stay at government guest's houses during their visits to districts, instead of staying at plush hotels.
Karnataka Chief Minister Basavaraj Bommai on Saturday challenged Congress to submit information regarding the Bitcoin scandal, saying he has already responded in the Assembly on the issue.
The Congress, in a fresh attack, criticised the ruling Bharatiya Janata Party (BJP) government in Karnataka over the Bitcon scandal, and questioned the role of Chief Minister Bommai on the matter.
Replying to this, Bommai asked Congress General Secretary Randeep Surjewala -- who in a series of tweets slammed the BJP, to "submit information" regarding the scandal.
"From my side, I have given reply to the issue in the Legislative Assembly itself, if he (Randeep Surjewala) has any information on the issue, let him submit. Tweeting is meaningless," he said.
"What is the role and responsibility of the Chief Minister Basavaraj Bommai? (who was then home minister in-charge) and others in the state government?" Surjewala sought to know in a tweet.
Taking pot shots at the BJP's central leadership as well as CM Bommai, the Congress leader said: "The layers of Bitcoin scam are finally being unearthed. Let India's Home minister and Chief Minister Bommai answer."
"Is FBI in India to investigate India's biggest #Bitcoin Scam Coverup under Karnataka BJP Govt? If so, release details of the investigation & suspects, including political people?" he tweeted.
Priyank Kharge, Congress MLA from Karnataka, responding to Surjewala's tweet, said: "I believe the FBI is in Delhi to investigate the billion dollar Bitcoins scam. Like I said before, if the state investigates the matter, a lot of BJP's skeletons will tumble out of the layers of Bitcoins scam."
"How many Bitcoins were stolen? And of what value? Who in Karnataka is involved? Were the stolen Bitcoins transferred from the wallet of the arranged hacker Sri Krishna?" Surjewala questioned.
"Whether the 'Whale Alerts' reflecting the transfer of the 14,682 stolen Bitfinex Bitcoins valued at Rs 5,240 crore on the two dates, December 1, 2020 and April 14, 2021 when Sri Krishna was in custody -- has any correlation?" Surjewala sought to know.
He further asked, "Why was Interpol not informed? Why did the BJP government wait for over 5 months up till April 24, 2021 to write to Interpol and that also after the release of Sri Krishna on April 17, 2021."
He also questioned "why National Investigation Agency (NIA), Serious Fraud Investigation Office (SFIO) and Enforcement Directorate (ED) were not informed by the Karnataka BJP government?"
The BJP high command "with difficulty" had managed to quell the voice of dissent against CM Bommai's leadership.
A BJP leader said that at a time when the party is all set for cabinet expansion and getting ready for assembly elections 2023 under the leadership of CM Bommai, the allegations (by Congress) have triggered a debate over the leadership issue again.
In what is construed as a retaliation, the Enforcement Directorate (ED) on Tuesday swooped to attach assets belonging to Shiv Sena MP and Chief Spokesperson Sanjay Raut hours after the Maharashtra government set up a Special Investigation Team (SIT) to probe allegations of corruption against the central probe agency.
The ED said it has attached eight plots of land belonging to Raut and his family at Alibaug in Raigad district and a flat in a 32-storeyed building in Dadar east, Mumbai.
The shock attachments are part of the ED probe into the Rs 1,034-crore Patra Chawl land-scam case in which Raut's friend Pravin Raut was arrested and a charge sheet filed in the matter.
Reacting to the developments, Sanjay Raut said in New Delhi he was "not scared of even the father of ED" and would continue his exposure against the ED officers.
"I am a fighter and a Shiv Sainik... I am not scared of even the 'baap' (father) of the ED... They have attached my properties made out of my hard-earned money," Raut declared.
The fast-paced developments in the day came nearly two months after Sanjay Raut wrote to Prime Minister Narendra Modi and Vice-President and Rajya Sabha Chairman M. Venkaiah Naidu on February 28, levelling serious charges against the ED and accusing the central agency of running an 'extortion racket' in Mumbai.
"We have set up an SIT to probe these allegations... It is headed by Additional Commissioner of Police (Additional CoP) Viresh Prabhu. We will give them whatever time period required for its investigations," said Walse-Patil, just hours prior to the ED action on the Sena MP.
Nationalist Congress Party (NCP) President and Minister Jayant Patil said he was aghast at the goings on by the central agency and how it was targeting the Maha Vikas Aghadi leaders.
Among other things, Raut had submitted a list of the ED officers who allegedly extorted money of crores of rupees with the help of one Jitendra Navlani under threats of framing them in various cases.
Earlier, the Mumbai Police Economic Offences Wing (EOW), monitored by a Deputy Commissioner of Police, was conducting the probe but now it has gone to the SIT.
On March 8, Raut had made a sensational expose before the media claiming how ED officials and Navlani - reportedly close to the Opposition Bharatiya Janata Party - had taken huge sums of money illegally from various builders and corporates against investigation threats, and directly charged the central agency of acting like the 'ATM' of the BJP.
Later, Shiv Sena leader Arvind Bhosale lodged a police complaint which initiated the probe and now it will be further investigated by the SIT, with Raut warning of another big exposure into the ED's affairs.
The Enforcement Directorate (ED) on Friday informed the Supreme Court that the wife of jailed former Unitech promoter Sanjay Chandra was actively involved in a huge money laundering operation, and she was operating from the UAE. The ED added they have found various assets in Cayman Islands, Mauritius, Singapore etc.
Additional Solicitor General Madhavi Divan, representing the ED, submitted before a bench comprising Justice D.Y. Chandrachud and M.R. Shah that "this is a person who acquired a Dominican Republic passport, a country with which we do not have an extradition treaty. We have burnt our fingers in the past."
Divan added that Preeti Chandra attempted to flee the country in March last year, prevented by a lookout circular, and she has offspring in the US, holding the US passport, and also substantial assets abroad. "She has been an active actor in the entire matter. She was running operations from the UAE...huge money laundering operation. Have various assets in Cayman Islands, Mauritius, Singapore...," submitted Divan.
She further added that Preeti was involved in running the operations through Trikar Group and actively participated in huge transactions from the Unitech Group to other entities.
Divan said Preeti was actively involved with the jail officials, who handed over messages to her husband and his brother. "I will just caution, there is an apprehension the department has...the accused have gone to the neighbouring country by road and then taken off to another country," said Divan.
The ED's response came on a plea filed by Preeti Chandra seeking interim bail to take part in the last rites of her maternal grandmother. Divan insisted that senior police officials should accompany her, if court allows her to participate in the last rites. Senior advocate Siddhartha Dave, representing Preeti Chandra, submitted that the Dominican Republic citizenship was acquired in April 2016, and the case against Chandras was registered in 2018.
The bench asked Dave, "Why do you need Dominican Republic citizenship...you have children in the US, holding a US passport. You operated from the UAE."
Citing humanitarian grounds, Dave said there is a tragedy in the family, and his client will not go to Haridwar, and insisted on her presence in the ceremonies held after a family member's death.
After hearing the arguments, the top court allowed Preeti Chandra to come out of jail between 10 a.m. to 3 p.m. for a day to attend the last rites ceremony of her grandmother. The bench directed police officers to escort her to the place she wants to visit, and she will not be allowed to use any mobile phone or access any documents.
Abhishek Banerjee, the Trinamool Congress MP and nephew of West Bengal Chief Minister Mamata Banerjee, on Monday joined the investigation in a money laundering case pertaining to alleged coal scam being probed by the Enforcement Directorate (ED).
Banerjee reached ED office in Delhi at around 11.10 a.m on Monday and straight away went inside and didn't speak to media.
His wife Rujira Banerjee will join the probe on Tuesday.
The anti money laundering agency had asked Banerjee and his wife to join the investigation on March 21 and 22.
ED officials will record his statement once again.
Banejree had earlier on September 6, recorded his statement before the ED officials. He was interrogated for around six hours. But the probe agency was not satisfied with his answer and he has been summoned again along with his wife.
In September last year Banerjee and his wife, through their counsel, had moved a plea before the Delhi High Court against the ED summon, but they didn't get any relief. Their plea was dismissed by the High Court on March 11.
Abhishek and his wife had sought relief on the ground that they are residents of West Bengal. However, their contention was challenged by Tushar Mehta, the Solicitor General, who was appearing for the ED. He told the court that the ED is not confined by any area under the PMLA.
This case is being probed parallel by the CBI and the ED. The CBI's case was lodged in November last year.
The Punjab National Bank (PNB) has reported a borrowal fraud of Rs 2060.14 crore in the NPA account of IL&FS Tamil Nadu Power at the Extra Large Corporate Branch in Delhi zonal office.
"A fraud of Rs 2060.14 crore is being reported by the bank to the RBI in the accounts of the company. The bank has already made provisions amounting to Rs 824.06 crore, as per prescribed prudential norms," PNB said in a disclosure.
IL&FS Tamil Nadu Power is a special purpose vehicle set up by Infrastructure Leasing & Financial Services Ltd (IL&FS) under its energy platform for implementation of thermal power projects at Cuddalore in Tamil Nadu.
Earlier, the Punjab & Sind Bank (PSB) had said on February 15 that it had declared IL&FS Tamil Nadu Power as bad asset with dues of over Rs 148 crore, and reported it to the Reserve Bank of India.
As per the bank's policy on determination and disclosures on material events, PSB said it has declared this non-performing account (NPA) as a fraud account.
"It is informed that an NPA account, viz IL&FS Tamil Nadu Power Company Ltd with outstanding dues of Rs 148.86 crore has been declared as fraud and reported to RBI today as per regulatory requirement," the lender had said in a regulatory filing.