#money-laundering
ED charge-sheets former MP in Andaman cooperative bank fraud, taking the accused count to 52
The Enforcement Directorate has filed a supplementary charge sheet against former Andaman and Nicobar MP Kuldeep Rai Sharma and 13 others in the state cooperative bank fraud. The Special Court at Port Blair now has 52 accused in the case, with ₹121.35 crore of property attached.
ED searches 11 sites linked to BLM cooperative society in Kerala, Tamil Nadu
The Enforcement Directorate searched at least 11 locations in Kerala and Tamil Nadu on Wednesday, including Kochi, Kozhikode and Chennai, in a money-laundering investigation linked to the Bharath Lajhna Multi State Co-operative Society. The searches are tied to R. Premkumar, the society's founding member and de facto chairman. A Crime Branch probe is already running in Kerala.
ED searches homes of two chartered accountants over a Jharkhand power plant loan that never reached the plant
The Enforcement Directorate searched premises in Kolkata's Lake Town and in Uttarpara on Friday in a ₹290 crore bank fraud and money laundering case. The probe concerns a loan taken for a 66-MW power plant in Jharkhand by Kohinoor Power Private Limited, which investigators allege was routed through shell companies instead of being spent on the project.