ED seizes ₹3 crore in 18 searches; Jarkiholi denies wrongdoing

ED finds Rs 3.3 crore, Africa link in raids linked to Karnataka minister, family

While Karnataka PWD Minister Satish Jarkiholi denied any wrongdoing, Chief Minister D K Shivakumar described the ED action as ‘politically motivated’.

ED seizes ₹3 crore in 18 searches; Jarkiholi denies wrongdoing

State PWD minister Satish Jarkiholi said on Thursday that cash seized by the Enforcement Directorate (ED) belonged to his family and that he would produce records to explain its source, as searches spanning nearly 37 hours at 18 properties linked to him and his associates ended

ED raids Maharashtra firm in Rs 135 crore bank fraud; Rs 35 crore frozen, BMW seized

The Enforcement Directorate searched six premises linked to Gajanan Gangamai Industries LLP in a Rs 135 crore bank fraud case. The action led to a USD 3.7 million deposit being frozen and points to alleged routing of loan funds through shell entities.

Bank fraud case: ED attaches Rs 150 crore worth property near Buckingham Palace in London

The Enforcement Directorate has attached a Rs 150 crore property near Buckingham Palace in London. This action is part of a bank loan fraud and money laundering case involving textile major S Kumars Nationwide Ltd and its ex-CMD Nitin Kasliwal. Kasliwal is accused of defrauding Indian banks of Rs 1,400 crore and diverting funds abroad.

Priyank Kharge calls ED raid on Satish Jarkiholi politically motivated

Karnataka Minister Priyank Kharge calls ED raids linked to Satish Jarkiholi and his family politically motivated, citing 196 raids and two convictions.