The money-laundering probe against Mulchandani and others stems from multiple FIRs registered by the Pune Police on the basis of complaints from the bank and an audit conducted by the registrar of cooperative societies.
Supreme Court news: The court had earlier agreed to hear in an open court the review petition against the judgement pertaining to upholding various provisions of the Prevention of Money Laundering Act.
PMLA verdict review: The top court on Wednesday had allowed an application of Congress MP Karti Chidambaram seeking an open court hearing of his petition.
Among other important matters the apex court heard during the day include the one on enhanced pay scale for judicial officers across the country.
NCP leader Nawab Malik, who is currently in judicial custody, was arrested on February 23 under provisions of the Prevention of Money Laundering Act (PMLA) by the Enforcement Directorate.
Malik, a senior Nationalist Congress Party leader, was arrested on February 23 in the case, and is currently in judicial custody.
Official sources said the agency is also looking at all legal options it can exercise to get 71-year-old Deshmukh to join the investigation after he got no relief against the ED action from the Supreme Court.
During the hearing, the counsel appearing for Deshmukh told the bench that this is a classic case of “political witch-hunt”.
The ED on Monday conducted raids on at least ten premises of a Mumbai-based realty group in connection with its money laundering probe in the Yes Bank alleged bank fraud case, official sources said.
Seven locations in Lucknow, Kanpur and Amethi are being searched by the central probe agency under sections of the Prevention of Money Laundering Act (PMLA).
The Enforcement Directorate has attached 72 flats and villas in Goa worth over Rs 7 crore in connection with a case of cheating foreigners on the promise of getting them prime properties in the state.
The Enforcement Directorate (ED) has issued fresh summons to senior executives of Air Asia airlines, including CEO Tony Fernandes, for questioning next month in connection with a money laundering case, officials said on Friday.
Starting off by doing odd jobs after moving to the Middle East in the 1980s, arrested NRI businessman C.C. Thampi's story is a typical rags-to-riches one.
The decision to invest employees' Provident Fund in a shady private company is now being vociferously raised by engineers and employees union.
The Enforcement Directorate on Friday arrested two people in connection with its money laundering probe against late Iqbal Mirchi-- the right-hand man of fugitive Pakistan-based don Dawood Ibrahim.
The Enforcement Directorate on Wednesday filed a supplementary chargesheet in a money laundering case involving RJD supremo Lalu Yadav's daughter Misa Bharati and her husband.
The officials said a provisional order of attachment was issued by the central probe agency under the Prevention of Money Laundering Act (PMLA).
His statement will be recorded under the Prevention of Money Laundering Act (PMLA) and he is expected to face a series of questions.
The ED on Monday said it has attached assets worth over Rs 2 crore in connection with a money laundering case registered against former officials of an Axis Bank branch here and others, post the 2016 demonetisation exercise.
Robert Vadra, brother-in-law of Congress President Rahul Gandhi, on Friday appeared before the Enforcement Directorate (ED) for the fifth time in connection with a money-laundering case related to purchase of alleged illegal assets abroad, officials said.
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