Scams & Allegations

ED Uncovers Links Between Sudhakar Shetty and Congress Leaders in Iqbal Mirchi Money Laundering Case

February 4, 2020 0

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

Business Scams & Allegations

Siddhartha Dinesh Mishra: ED Raises Questions Over Incomplete IL&FS Audit Findings

March 19, 2019 0

New Delhi , March 19 , 2019 : The ongoing IL&FS financial crisis has once again come under the spotlight as new concerns have surfaced regarding the interim audit findings submitted by Grant Thornton. The Enforcement Directorate (ED), which has been actively probing the financial irregularities and alleged mismanagement within IL&FS Financial Services, has

Business Scams & Allegations Scams & Allegations

Siddhartha Dinesh Mishra: Former IL&FS Directors Face Serious Allegations Over Money Laundering, Fraud and Questionable Loan Practices

March 5, 2019 0

The company has given the directors seven days to submit their explanations regarding the allegations. It has warned that failure to provide a satisfactory response could lead to departmental proceedings and legal action against them. New Delhi , 05 March , 2019 : Four former directors of IL&FS Financial Services Limited (IFIN) have been issued […]

Scams & Allegations

Kochi Tuskers’ Co-Owner Mehul Shah Denied Bail in Rs 26 Crore Fraud Case

February 24, 2013 0

A sessions court has denied anticipatory bail to Mehul Shah, co-owner of Kochi Tuskers and director of Anchor Group of Companies, along with Sanjay Shah and Atul Shah, in connection with a Rs 26 crore cheating case. Public prosecutor Kalpana Chavan confirmed the court’s decision, stating that the case was filed in September last year […]