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The Election Commission divulges the leading purchasers of electoral bonds from April 2019 to February 2024, showcasing significant financial contributions to India's political landscape. This unveiling sheds light on the influential players shaping political financing dynamics in the country.


Electoral Bonds: Election Commission Reveals Top Buyers – Who Dominates Political Financing?

The ED has recently undertaken the high-profile questioning of Congress President Sonia Gandhi and her MP son Rahul Gandhi in this case apart from few other Congress politicians.

Congress mouthpiece National Herald's office raided by ED days after questioning of Sonia, Rahul Gandhi

Senior advocate Ashok Mundargi, appearing for Raut, submitted that the allegations are vague and raised due to political vendetta.

&nbsp;

Shiv Sena leader Sanjay Raut sent to ED custody till August 4 in PMLA case

The&nbsp;demonetisaton&nbsp;of two high-value currency notes of Rs 1000 and Rs 500 was declared by Prime Minister Narendra Modi on the night of November 8, 2016. Huge cash was deposited in banks and multiple inter-bank transactions ensued post this announcement.

Demonetisation Impact: Record 14 lakh suspicious transactions, Rs 19,627 crore in black money detected

PNB fraud:&nbsp;The ED had earlier issued summonses to Modi and Choksi, both key accused in the scam cases, asking them to appear before the central agency.&nbsp;However, the two diamond traders, who are said to have left the country before criminal cases were registered, had failed to appear before the ED, prompting the agency to move the PMLA court for issuance of NBWs against them.

PNB fraud: Court issues non-bailable warrants against Nirav Modi, Mehul Choksi

It is being known that these NBFCs and co-operative banks were found converting banned Rs 500 and Rs 1000 notes during the demonetisation drive in November 2016.&nbsp;

9,500 NBFCs seen as 'high risk' companies by Finance Ministry

Prevention of Money Laundering Act: Banks to now match original IDs with photocopies

In a move to provide relief to customer and jewellers, the GST council in 22nd meet decided to withdraw the KYC norms for purchase above Rs 50,000 for time-being. A guidelines will be issued the council in nearterm.&nbsp; 
&nbsp;

Jewellery stocks rally on KYC, PMLA relief by GST council

Under the&nbsp;22nd GST Council Meeting chaired by FM Arun Jaitley, the government decided not to make Aadhaar and PAN mandatory for purchase of high value goods like jewellery.&nbsp;

No PAN, Aadhaar details for jewellery above Rs 50,000: GST council 

The report of the Financial Intelligence Unit (FIU), the premier technical snoop wing under the Finance Ministry, said the financial year 2015-16 saw a "record increase" in the detection of such instances.

Fake currency reports double; leads to seizure of Rs 562 crore in 2015-16

The property, spread in 17 acres, was provisionally attached by the agency last year in September under the provisions of the Prevention of Money Laundering Act (PMLA).

ED confiscates Rs 100 crore farm house of Vijay Mallya in Maharashtra

According to sources, CBI has uncovered&nbsp;393 shell companies which were used to divert loan funds meant for specified purposes, creating fake invoices, and "round-tripping" of funds to evade taxes and generate black money.

CBI unearths 393 shell companies used to divert Rs 2,900 crore

"The manager has been arrested under the provisions of the Prevention of Money Laundering Act and will be produced before the court for further custody," ED said.&nbsp;

Notes ban PMLA case: ED arrests private bank manager in Delhi

UB Holdings said, "It&nbsp;is in consultation with its legal counsels for filing an appeal against the said order of the adjucating authority and to take appropriate steps that may be required in this regard. "

Rs 1376 crore of UB Holding assets attached in Mallya's money laundering case

Two private bank officials were arrested in connection with the laundering of money during the demonetisation drive.

Demonetisation: ED arrests two private bank officers for money laundering

'Genuine' biz failure of Kingfisher now a 'nightmare': Vijay Mallya

ED attaches Vijay Mallya's assets worth Rs 6,630 crore in bank loan default case

prevention-of-money-laundering-act

The Election Commission divulges the leading purchasers of electoral bonds from April 2019 to February 2024, showcasing significant financial contributions to India's political landscape. This unveiling sheds light on the influential players shaping political financing dynamics in the country.

The ED has recently undertaken the high-profile questioning of Congress President Sonia Gandhi and her MP son Rahul Gandhi in this case apart from few other Congress politicians.

Senior advocate Ashok Mundargi, appearing for Raut, submitted that the allegations are vague and raised due to political vendetta.
 

The demonetisaton of two high-value currency notes of Rs 1000 and Rs 500 was declared by Prime Minister Narendra Modi on the night of November 8, 2016. Huge cash was deposited in banks and multiple inter-bank transactions ensued post this announcement.

PNB fraud: The ED had earlier issued summonses to Modi and Choksi, both key accused in the scam cases, asking them to appear before the central agency. However, the two diamond traders, who are said to have left the country before criminal cases were registered, had failed to appear before the ED, prompting the agency to move the PMLA court for issuance of NBWs against them.

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Prevention Of Money Laundering Act

Electoral Bonds: Election Commission Reveals Top Buyers – Who Dominates Political Financing?

Congress mouthpiece National Herald's office raided by ED days after questioning of Sonia, Rahul Gandhi

Shiv Sena leader Sanjay Raut sent to ED custody till August 4 in PMLA case

Demonetisation Impact: Record 14 lakh suspicious transactions, Rs 19,627 crore in black money detected

PNB fraud: Court issues non-bailable warrants against Nirav Modi, Mehul Choksi

9,500 NBFCs seen as 'high risk' companies by Finance Ministry

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