Money Laundering News

Money laundering, terror financing biggest risks of crypto: FM Sitharaman

Money laundering, terror financing biggest risks of crypto: FM Sitharaman

Washington: Amidst the pioneering fintech revolution, the biggest risk of cryptocurrency could be money laundering and its use for financing terror, said Union Minister of Finance Nirmala Sitharaman. At an International Monetary Fund (IMF) meeting, Sitharaman said: “I think the biggest risk for all countries across the board will be

ED attaches assets of NCP leader Nawab Malik, his family in money laundering case

ED attaches assets of NCP leader Nawab Malik, his family in money laundering case

New Delhi: The Enforcement Directorate (ED) on Wednesday said it has provisionally attached assets of arrested NCP leader Nawab Malik and his family under the Prevention of Money Laundering Act, 2002 involving Malik and Haseena Parkar, sister of wanted gangster Dawood Ibrahim. Besides Malik, the ED has provisionally attached belonging

Ahead of polls 2022, Punjab CM Channi’s nephew arrested in illegal mining case

Ahead of polls 2022, Punjab CM Channi’s nephew arrested in illegal mining case

New Delhi: Ahead of Punjab assembly elections 2022, Punjab Chief Minister Charanjit Singh Channi’s nephew Bhupinder Singh Honey has been arrested by Enforcement Directorate, in a money laundering case linked to alleged illegal sand mining in the border state, officials said on Friday. The central agency officials said that Honey