National

Money laundering case: ED attaches Rs 472 cr assets

New Delhi: The Enforcement Directorate today said it has attached assets worth Rs 472 crore, including one in Australia, in connection with its money laundering probe in the PACL ponzi scam case.

The ED had registered a criminal case against the firm in 2015 based on a CBI FIR against the group, its directors and officials.

"Properties worth Rs 472 crore have been attached under the Prevention of Money Laundering Act (PMLA) in PACL ponzi scam operated by Nirmal Singh Bhangoo. The properties include MiiResorts Group 1 Pty Ltd and Sanctuary Cove properties in Australia," it said.

PACL is being probed by multiple agencies.

Earlier, capital markets regulator SEBI had found it to have collected money from crores of investors allegedly through unauthorised collective investment schemes, also called ponzi schemes, in the name of real estate projects.-PTI

Union cabinet approves ordinance for death penalty for rape of children

New Delhi: The Union Cabinet on Saturday approved an ordinance to allow courts to award death penalty to those convicted of raping children up to 12 y...

Sushma Swaraj embarks on two-nation visit

New Delhi : External Affairs Minister (EAM) Sushma Swaraj on Saturday morning departed for a two-nation visit to China and neigbouring Mongolia from 2...

Opposition parties meet VP, give notice for impeachment of CJI

New Delhi: Opposition parties led by the Congress today met Vice President and Rajya Sabha chairman M Venkaiah Naidu and handed over a notice for impe...

Opposition parties may take final call on motion for CJI impeachment

New Delhi: Leaders from Congress and several other opposition parties will meet here on Friday with proposed impeachment motion against Chief Justice ...