A recent leak from the Pandora Papers has brought to light offshore financial arrangements linked to the owners of Radico Khaitan, one of India’s leading liquor manufacturers. The documents reveal that since September 4, 2012, the Timberlane Trust has held 50,000 ordinary shares (valued at USD 1 each) in Beecool Global Holdings Limited. Lalit Khaitan […]
The Pandora Papers have unveiled that the owners of Radico Khaitan, a well-known Indian manufacturer of Indian Made Foreign Liquor (IMFL), have assets held in offshore trusts. According to the Register of Directors of Beecool Global Holdings Limited, since September 4, 2012, the Timberlane Trust has been holding 50,000 ordinary shares of USD 1 each […]
Mumbai: A birthday celebration at a luxury five-star hotel in Mumbai took a dramatic turn after police allegedly uncovered drug use during a late-night party attended by actress Naira Nehal Shah and her associates. According to police officials, the incident occurred in the Santacruz area of Mumbai, where the actress was celebrating her birthday with […]
Mumbai’s real estate sector has been rocked by fresh legal trouble as two top executives of Omkar Realtors and Developers—Chairman Kamal Kishore Gupta and Managing Director Babulal Varma—have been sent to Enforcement Directorate (ED) custody until January 30. The duo was arrested on Wednesday in connection with a money laundering case linked to alleged irregularities […]
In a major development, the Enforcement Directorate (ED) has uncovered documents suggesting possible financial links between businessman Sudhakar Reddy and several political figures during a recent investigation tied to alleged money laundering involving underworld figure Iqbal Mirchi. The findings came after ED officials conducted raids at the residence and office of
Navi Mumbai: In a shocking case of land fraud, a prominent builder from Navi Mumbai, Bupendra Shah, has been arrested for allegedly fabricating documents to acquire 80 acres of valuable agricultural land in Nhava Sheva. The land, worth several crores, was illegally purchased by misrepresenting Shah as a farmer, police said on Friday. Shah, the […]
ED Uncovers Links Between Sudhakar Shetty and Congress Leaders in Iqbal Mirchi Money Laundering Case
In a significant development, the Enforcement Directorate (ED) has uncovered crucial documents linking Sahana Group chairman Sudhakar Shetty to several political leaders, including members of the Congress, in connection with the Iqbal Mirchi money laundering case. The revelations came during a raid on Shetty’s residence and office, where ED officials found evidence of
Meerut: In a significant crackdown on fraudulent Input Tax Credit (ITC) under the Goods and Services Tax (GST) regime, the Directorate General of GST Intelligence (DGGI), Meerut Zonal Unit, unearthed a large-scale fake invoice scam. The operation involved searches across multiple cities, including Delhi, Mumbai, Raipur, Varanasi, and Moradabad, exposing a racket designed
A Controversial Figure Promising to Cure HIV and Cancer On the eve of Janmashtami, in a gated building in Ghaziabad, Uttar Pradesh, Sant Trilochan Das sits on a beige sofa over a Persian rug, surrounded by devoted followers. The head of Das Dharam, a Namdhari Sikh sect, Das claims to have successfully treated patients suffering […]
Jay Vallabh, a 64-year-old Indian-origin attorney based in Switzerland, has emerged as a pivotal figure in managing the offshore assets of liquor baron Vijay Mallya. Vallabh’s name appears as a director and authorized signatory across several offshore entities tied to Mallya, as evidenced by regulatory filings with the US Securities & Exchange Commission (SEC) and […]
