The Enforcement Directorate informed a Delhi court that its money laundering investigation into the Shikohpur land deal is continuing, particularly regarding DLF’s role. The case under the PMLA names businessman Robert Vadra and others over the Manesar-Shikohpur land transactions in Haryana.
The Allahabad High Court quashed money laundering proceedings against Tulsiani Construction and its directors, holding that civil and commercial disputes cannot be converted into criminal prosecutions under the Prevention of Money Laundering Act. The Court also set aside the ED’s summoning and attachment actions.
A Special CBI Court remanded Amitabh Jhunjhunwala, former Group Managing Director of Reliance Communications, to CBI custody until June 5 in an alleged bank loan fraud case. The agency sought custodial interrogation as part of its investigation into a suspected large-scale financial fraud involving Reliance Communications and related group entities.
The Karnataka High Court held that the Enforcement Directorate must strictly comply with statutory requirements before provisionally attaching property under the PMLA, emphasizing that mere reproduction of legal provisions cannot replace genuine application of mind or justify attachment without specific material supporting such action.
The Patiala House Court directed framing of charges against Sukesh Chandrasekhar, Leena Maria Paul, Jacqueline Fernandez and others in the Rs 200 crore extortion and money laundering case, holding that investigation materials disclosed sufficient grounds to proceed against the accused persons in the high-profile criminal matter.
