Singapore Money Laundering Case

Singapore said it was expecting more arrests and seizures as the Asian financial hub investigates one of its biggest cases of suspected money laundering, in which the value of assets seized now stands at S$2.8 billion ($2 billion).

The total value of assets seized in Singapore's biggest money laundering case has swelled to S$2.4 billion ($1.76 billion), police said on Wednesday.

Singapore's police said they have seized S$1 billion ($734.32 million) in assets from a gang of foreigners laundering proceeds from organised crime, including plush bungalows in the most sought-after addresses, bundles of cash,

The Enforcement Directorate has attached assets worth Rs 452 crore of a Singapore-based "shell" company in connection with its money laundering probe in the IL&FS money laundering case, the agency said on Tuesday.

The Singapore High Court has ordered freezing of bank deposits worth Rs 44.41 crore kept in that country by PNB fraud accused Nirav Modi's sister and brother-in-law as part of a money laundering probe in India, the Enforcement Directorate or ED said Tuesday.

The Income-Tax Department has filed four fresh chargesheets against lawyer Gautam Khaitan, an accused in the multi-crore VVIP chopper deal scam, on charges of tax evasion and possession of undisclosed bank accounts in Singapore, official sources said Tuesday.

The Enforcement Directorate (ED) has attached over Rs 91 crore kept in a Singapore bank in connection with a money laundering probe in a Mumbai-based ponzi scam case.

In an alleged money laundering case filed against former IPL chief Lalit Modi by Enforcement Directorate (ED), a court on Wednesday issued a fresh Letter Rogatory (LR) to the authority in Singapore.

Enforcement Directorate has sent Letters Rogatory (judicial requests) to UK and Singapore in connection with its money laundering probe in the Aircel-Maxis deal case and parallel investigations in the financial transactions of some companies belonging to friends of former Finance Minister P Chidambaram's son Karti.

Lalit Modi has been accused of financial irregularities and fund laundering in awarding rights of the Indian Premier League 2009 by the Enforcement Directorate.

The Enforcement Directorate will question four persons as part of the probe into money laundering allegations against former Maharashtra minister Chhagan Bhujbal.

Singapore said it was expecting more arrests and seizures as the Asian financial hub investigates one of its biggest cases of suspected money laundering, in which the value of assets seized now stands at S$2.8 billion ($2 billion).

The total value of assets seized in Singapore's biggest money laundering case has swelled to S$2.4 billion ($1.76 billion), police said on Wednesday.

Singapore's police said they have seized S$1 billion ($734.32 million) in assets from a gang of foreigners laundering proceeds from organised crime, including plush bungalows in the most sought-after addresses, bundles of cash,

The Enforcement Directorate has attached assets worth Rs 452 crore of a Singapore-based "shell" company in connection with its money laundering probe in the IL&FS money laundering case, the agency said on Tuesday.

The Singapore High Court has ordered freezing of bank deposits worth Rs 44.41 crore kept in that country by PNB fraud accused Nirav Modi's sister and brother-in-law as part of a money laundering probe in India, the Enforcement Directorate or ED said Tuesday.

The Income-Tax Department has filed four fresh chargesheets against lawyer Gautam Khaitan, an accused in the multi-crore VVIP chopper deal scam, on charges of tax evasion and possession of undisclosed bank accounts in Singapore, official sources said Tuesday.

The Enforcement Directorate (ED) has attached over Rs 91 crore kept in a Singapore bank in connection with a money laundering probe in a Mumbai-based ponzi scam case.

In an alleged money laundering case filed against former IPL chief Lalit Modi by Enforcement Directorate (ED), a court on Wednesday issued a fresh Letter Rogatory (LR) to the authority in Singapore.

Enforcement Directorate has sent Letters Rogatory (judicial requests) to UK and Singapore in connection with its money laundering probe in the Aircel-Maxis deal case and parallel investigations in the financial transactions of some companies belonging to friends of former Finance Minister P Chidambaram's son Karti.

Lalit Modi has been accused of financial irregularities and fund laundering in awarding rights of the Indian Premier League 2009 by the Enforcement Directorate.

The Enforcement Directorate will question four persons as part of the probe into money laundering allegations against former Maharashtra minister Chhagan Bhujbal.