Prevention of Money Laundering Act (PMLA) Archives

Influencer Sandeepa Virk arrested as ED cracks whip on fake ‘FDA-approved’ beauty products portal

Topnewsplus2 months ago05 mins

In a crackdown on the illegal sale of beauty products falsely marketed as “FDA-approved”, the Enforcement Directorate (ED) has launched a special investigation following an FIR registered in Punjab. Acting under the Prevention of Money Laundering Act (PMLA), 2002, the financial crime investigation agency conducted searches on August 12 and 13 at multiple locations in…

Tribunal upholds ED appeal, says ‘prima facie’ case of money laundering against Chanda Kochhar

Topnewsplus3 months ago04 mins

In the high-profile money laundering case involving former ICICI Bank CEO Chanda Kochhar, the Appellate Tribunal under the Prevention of Money Laundering Act (PMLA) has upheld the Enforcement Directorate’s (ED) appeal challenging an earlier order that had refused to confirm the provisional attachment of Kochhar’s assets. The Tribunal dismissed technical objections raised by Kochhar and…