PMLA | azlyrics.org.uk

A special Prevention of Money Laundering (Act) court on Tuesday cancelled all warrants issued against fugitive economic offender Nirav Modi’s brother-in-law. Mainak Mehta — a British national — is the husband of Nirav’s sister Purvi Mehta. Both of them had turned approver in the case and agreed to depose as prosecution witnesses.

A special PMLA court on Friday granted bail to former MD and CEO of ICICI Bank Chanda Kochhar on a bond of Rs 5 lakh. The court has told her not to leave the country without permission. Kochhar appeared before the court in connection with the ICICI Bank-Videocon money laundering case.

The Enforcement Directorate on Friday attached assets worth Rs 78 crore of former ICICI Bank managing director and chief executive officer (CEO) Chanda Kochhar and others, in connection with an alleged bank loan fraud and money laundering case. A provisional order under the PMLA has been issued for attachment of the properties including her Mumbai-based … Continue reading ED attaches Rs 78 cr worth assets of Kochhar