Bofors case: SC likely to hear plea tomorrow

The Supreme Court is likely to hear tomorrow the politically sensitive Rs 64 crore Bofors pay-off case, amidst recent media reports suggesting a financial quid pro quo for the Rs 1,437 crore Howitzer gun deal in 1986. A bench headed by Chief Justice Dipak Misra is scheduled to take up the plea by BJP leader […]

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Andhra Pradesh paves way for Enforcement Directorate probe in Satyam case

Paving the way for the Enforcement Directorate (ED) to proceed with the Satyam scam case, the state government has issued an order designating the local court trying the multi-crore accounting scandal as a sessions court. As per the Prevention of Money Laundering Act (PMLA), courts lower than sessions court cannot try cases filed by the Enforcement Directorate. “In the circumstances explained by […]

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Hasan Ali’s bail plea rejected once again

On Thursday A Prevention of Money Laundering Act, court rejected the bail application of Pune businessman Hasan Ali Khan, who was presented in the court. He was an accused in many money laundering cases. On earlier occasions also, the court had rejected his bail application. Last year, he filed a review petition in the Supreme […]

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ED gets four days custody of Verma and his wife

The Enforcement Directorate (ED) was on Thursday allowed by a Delhi court to take into their custody businessman Abhishek Verma and his wife for four days to quiz them for their alleged role in a money laundering case. Verma and his Romanian wife Anca Maria Neascu, arrested by the ED yesterday in connection with the […]

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ED to question Jagan for 14 days

The CBI court today allowed ED to interrogate Jagan, as the parliament member from Kadapa is popularly known, in Chanchalguda Central Jail for 14 days in illegal assets case. The court, which had July 2 reserved its orders on the ED plea, permitted the central agency to question Jagan from July 7 to July 21. […]

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