ED raids corporations in NCR, seizes assets worth Rs 14 lakh
Enforcement Directorate (ED) conducted raids at several business premises in Gurugram and Delhi.
Nov 23, 2021, 21:32 PM IST
United States accuses Chinese company of money-laundering for North Korea
The United States has accused a Chinese-based company of acting as a front for laundering money on behalf of a sanctioned North Korean bank and has filed a complaint seeking $1.9 million from it.
Jun 16, 2017, 15:19 PM IST
Singapore shuts Falcon bank unit, fines DBS and UBS over 1MDB
Singapore`s central bank on Tuesday shut down a second Swiss bank in the city-state and fined banks DBS and UBS in its biggest crackdown on alleged money-laundering activities connected with Malaysian sovereign fund 1MDB.
Oct 11, 2016, 11:30 AM IST
North Korea slams US for money launderer label
The US branded Pyongyang a "global money laundering concern", aiming to lock the nuclear-armed country out of the world financial system.
Jun 05, 2016, 14:30 PM IST
Ex-IMF chief Rato refuses to testify on fraud charges
The ex-head of the International Monetary Fund Rodrigo Rato refused to answer a judge`s questions Wednesday over the latest in a string of fraud charges against him, a source close to the case said.
Jul 22, 2015, 23:18 PM IST
Court seeks ED's response in 2G money-laundering case
A special court Thursday sought the reply of Enforcement Directorate (ED) on the pleas of four accused firms facing trial in the 2G scam-related money laundering case, seeking acquittal on the ground that the prosecution has failed to bring any evidence against them.
Mar 05, 2015, 23:03 PM IST
Britain`s Standard Chartered bank says CEO to step down
Asia-focused British bank Standard Chartered`s chief executive will step down in June, the company said on Thursday, following poor results, job cuts and fines for failing to detect possible money-laundering.
Feb 26, 2015, 14:24 PM IST
EU agrees tougher money-laundering law
Owners of secretive companies in Europe will have a harder time keeping out of the public eye, EU negotiators agreed Wednesday, in another blow against opaque business practices after the LuxLeaks scandal.
Dec 17, 2014, 22:50 PM IST
Cyprus looks for buyers for bank in US laundering probe
Cyprus was looking for buyers to take over branches on the island of Tanzania-based bank FBME, which faces a US money-laundering probe, after placing the operation under adminstration.
Jul 22, 2014, 20:40 PM IST
