Hawala Transactions

A Chinese national, accused of duping hundreds in Gujarat by floating a fraudulent football betting app, was involved in money laundering and hawala transactions worth Rs 2,300 crore, an official of the state Crime Investigation Department said.

The Delhi High court recently said that the information relating to money laundering business, hawala money transactions, acts of tax evasion and smuggling activities do not relate to corruption or human rights violations.

Mr Jain, 57, was arrested by the central probe agency on May 30 under the Prevention of Money Laundering Act (PMLA) over alleged hawala transactions with a Kolkata-based firm in 2015-16.

Union Home Minister Amit Shah on Tuesday said the government will soon be developing a national database to monitor hawala transactions, terrorist funding, terrorist activities among others.

The Income Tax department raided a number of hawala operators in Delhi and detected suspect transactions worth Rs 300 crore, the Central Board of Direct Taxes (CBDT) said today.

The Enforcement Directorate (ED) has arrested alleged "hawala" dealer Naresh Jain in a money-laundering probe linked to "hawala" transactions worth about Rs 20,000 crore, officials said on Wednesday.

A man was arrested in Muzaffarnagar for his alleged involvement in a hawala transaction amounting to Rs 75 lakh, the police said today.

Madhya Pradesh police and officials of the Central Reserve Police Force clashed in Bhopal outside the residence of one of the aides of Chief Minister Kamal Nath, which were raided by the Income Tax department in connection with an alleged hawala (illegal transaction) case.

The homes of Madhya Pradesh Chief Minister Kamal Nath's former private secretary Praveen Kakkar in Indore and former advisor Rajendra Kumar Miglani in Delhi were raided by income tax officers this morning in connection with an alleged hawala (illegal transaction) case, sources said.

The Enforcement Directorate (ED) Thursday claimed to have busted a multi-crore international hawala racket being run from Rajasthan's capital Jaipur as it seized foreign and Indian currency amounting to Rs 1.30 crore and transaction documents in raids against alleged hawala operators in Jaipur.

The Enforcement Directorate (ED) has registered a money laundering case against Karnataka minister DK Shivakumar and few others on the basis of an alleged tax evasion and hawala transactions case, officials said.

Karnataka minister DK Shivakumar paid unaccounted money to the All India Congress Committee, the Income Tax Department has claimed in a complaint filed before the Special Court for Economic Offences in Bengaluru.

Security forces today claimed to have busted a Hizbul Mujahideen module involved in hawala transactions by arresting four people, including a former militant, in Rajouri district of Jammu and Kashmir.

The Enforcement Directorate is investigating over 3,700 cases of money laundering and hawala transactions, involving tainted assets worth Rs 9,935 crore, as part of its action against black money generated post demonetisation, an official report today said.

Siphoning money, hawala transactions through hundreds of shell companies, hiding financial details from the Income Tax Department and the Election Commission -- sacked Aam Aadmi Party minister Kapil Mishra's latest salvo against Chief Minister Arvind Kejriwal this morning listed a huge array of financial irregularities.

A Chinese national, accused of duping hundreds in Gujarat by floating a fraudulent football betting app, was involved in money laundering and hawala transactions worth Rs 2,300 crore, an official of the state Crime Investigation Department said.

The Delhi High court recently said that the information relating to money laundering business, hawala money transactions, acts of tax evasion and smuggling activities do not relate to corruption or human rights violations.

Mr Jain, 57, was arrested by the central probe agency on May 30 under the Prevention of Money Laundering Act (PMLA) over alleged hawala transactions with a Kolkata-based firm in 2015-16.

Union Home Minister Amit Shah on Tuesday said the government will soon be developing a national database to monitor hawala transactions, terrorist funding, terrorist activities among others.

The Income Tax department raided a number of hawala operators in Delhi and detected suspect transactions worth Rs 300 crore, the Central Board of Direct Taxes (CBDT) said today.

The Enforcement Directorate (ED) has arrested alleged "hawala" dealer Naresh Jain in a money-laundering probe linked to "hawala" transactions worth about Rs 20,000 crore, officials said on Wednesday.

A man was arrested in Muzaffarnagar for his alleged involvement in a hawala transaction amounting to Rs 75 lakh, the police said today.

Madhya Pradesh police and officials of the Central Reserve Police Force clashed in Bhopal outside the residence of one of the aides of Chief Minister Kamal Nath, which were raided by the Income Tax department in connection with an alleged hawala (illegal transaction) case.

The homes of Madhya Pradesh Chief Minister Kamal Nath's former private secretary Praveen Kakkar in Indore and former advisor Rajendra Kumar Miglani in Delhi were raided by income tax officers this morning in connection with an alleged hawala (illegal transaction) case, sources said.

The Enforcement Directorate (ED) Thursday claimed to have busted a multi-crore international hawala racket being run from Rajasthan's capital Jaipur as it seized foreign and Indian currency amounting to Rs 1.30 crore and transaction documents in raids against alleged hawala operators in Jaipur.

The Enforcement Directorate (ED) has registered a money laundering case against Karnataka minister DK Shivakumar and few others on the basis of an alleged tax evasion and hawala transactions case, officials said.

Karnataka minister DK Shivakumar paid unaccounted money to the All India Congress Committee, the Income Tax Department has claimed in a complaint filed before the Special Court for Economic Offences in Bengaluru.

Security forces today claimed to have busted a Hizbul Mujahideen module involved in hawala transactions by arresting four people, including a former militant, in Rajouri district of Jammu and Kashmir.

The Enforcement Directorate is investigating over 3,700 cases of money laundering and hawala transactions, involving tainted assets worth Rs 9,935 crore, as part of its action against black money generated post demonetisation, an official report today said.

Siphoning money, hawala transactions through hundreds of shell companies, hiding financial details from the Income Tax Department and the Election Commission -- sacked Aam Aadmi Party minister Kapil Mishra's latest salvo against Chief Minister Arvind Kejriwal this morning listed a huge array of financial irregularities.