Money laundering convictions capped by India court capacity, says FATF
India’s battle against money laundering faces significant hurdles, with only 28 convictions in five years, according to FATF. The report outlines key recommendations to address court backlogs and strengthen enforcement efforts.
Anti-money laundering watchdog calls on India to speed up prosecutions
The global anti-money laundering watchdog, the financial Action Task Force (FATF) urged India on Thursday to speed up its prosecutions in financial fraud cases. The 40-member FATF, established in 1989,
FATF asks India to speed money laundering cases
FATF also said India has to improve the implementation of cash restrictions by dealers in precious metals and stones as a priority.
FATF praises India's anti-money laundering, terror financing system; calls for better prosecution
Global anti-money laundering and terror financing body FATF on Thursday launched its much-awaited mutual evaluation report on India, saying the county's systems were "effective" but "major improvements" were required to strengthen prosecution in these cases.
FATF Praises India's Measures To Combat Money Laundering, Terror Financing System
The Financial Action Task Force (FATF) on Thursday launched its evaluation report on India, saying that the country has achieved a high-level of technical compliance across the FATF Recommendations and has taken significant steps to to tackle illicit finance.
Lotus 300 housing project in trouble after ED action; Rs 1 crore cash, jewelery worth Rs 19 crore recovered
The residence of retired IAS and former CEO of Noida Authority Mohinder Singh in Chandigarh has also been raided.
The Hindu10h
Kolkata doctor rape-murder case: TMC MLA Sudipto Roy appears before Enforcement Directorate
TMC MLA Sudipto Roy appeared before the Enforcement Directorate in Kolkata on Thursday (September 19, 2024) for ...
ED Leadership Overhaul: Subhash Agrawal Appointed To Western Region, Satyabrata Kumar Takes Charge Of Eastern Region
Mumbai: A significant reshuffle has taken place within the Enforcement Directorate (ED) with three top officials assuming new ...
PM NEWS Nigeria5h
NAFDAC confiscates N43bn worth of substandard products
The Federal Government, through the National Agency for Food and Drug Administration and Control, NAFDAC, has destroyed ...
devdiscourse1d
Chargesheet Filed Against Expelled DMK Member and Tamil Actor-Director
The Enforcement Directorate filed a chargesheet against expelled DMK functionary Jaffer Sadiq, Tamil actor-director Ameer, ...
Live Law2h
Waqf Board Case: Delhi High Court Issues Notice On AAP MLA Amanatullah Khan's Plea Challenging Arrest, ED Objects On Maintainability
The Delhi High Court on Thursday issued notice on a plea filed by Aam Aadmi Party (AAP) MLA Amanatullah Khan challenging his ...
The Punch Newspapers8h
NAFDAC destroys N43bn worth of fake products in Oyo
The National Agency for Food and Drug Administration and Control destroyed substandard products, including falsified drugs, ...
devdiscourse2d
ED Raids Homes of TMC MLA Amid RG Kar Hospital Probe
Enforcement Directorate officers conducted raids at six locations in Kolkata, including the residence of TMC MLA Sudipto Roy, ...
Enforcement Directorate raids several locations linked with RG Kar financial 'irregularities'
The Enforcement Directorate executed simultaneous raids at various sites in Kolkata and Hooghly district, focusing on the ...
ED Targets Illegal Forex Trading: OctaFX Linked To ₹10,000 Crore Global Betting Scandal
Mumbai: In a major crackdown, the Enforcement Directorate (ED) has discovered alleged key connection between OctaFX, a ...
ED files money laundering case to probe alleged trafficking of Bangladeshis into Jharkhand
The Enforcement Directorate has filed a money laundering case to look into the allegations that Bangladeshi women were being ...