Tag: money laundering

Anti-Terror Watchdog Praises India’s Efforts In Combating Money Laundering

June 28, 2024 admin

The final evaluation report for the country will be published later. Singapore: Singapore: The Financial Action Task Force (FATF) on Friday adopted a mutual evaluation report that assesses the effectiveness of India’s anti-money laundering and countering the terrorist financing regime, a move the government termed a “significant milestone”. In its brief outcome statement at the…

Nation

ED raids ex-DPIIT secretary Ramesh Abhishek in money-laundering probe

May 21, 2024 admin

File picture of former DPIIT secretary Ramesh Abhishek, whose premises have been raided by the Enforcement Directorate | Photo Credit: Kamal Narang The Enforcement Directorate on Tuesday raided the premises of retired IAS officer and former Department for Promotion of Industry and Internal Trade (DPIIT) secretary Ramesh Abhishek as part of a disproportionate assets linked…

Business

Indian national in U.S. gets 10-year jail term for conspiring to commit money laundering

September 23, 2023 admin

An Indian national has been sentenced to 10 years in prison for conspiring to commit money laundering, the U.S. Attorney’s Office for the District of Colorado has said. Dhruv Jani (40) has also been ordered to pay $ 1.1 million restitution, a media release issued on Friday said. According to the plea agreement, starting in…

World