Budget 2018-19

  Deshmukh appeared before the agency after the Bombay High Court last week refused to quash these summons. He had skipped at least five such ED notices. Former Maharashtra home minister  Anil Deshmukh  was arrested by the Enforcement Directorate (ED) late Monday night after over 12 hours of questioning in a money-laundering case linked to an alleged extortion racket in the state police establishment, officials said. They said Deshmukh, 71, has been arrested as per the provisions of the Prevention of Money Laundering Act (PMLA). They claimed the senior NCP leader was evasive during questioning and the agency will seek his custody after they produce him before a local court here on Tuesday. The politician arrived at the ED office in the Ballard Estate area of south Mumbai around 11:40 AM accompanied by his lawyer and his associates and was soon after put under grilling sessions with some breaks in between, sources said. Deshmukh appeared before the agency after the  B...

  The Enforcement Directorate will produce Kerkar in the Mumbai sessions court on Friday The Enforcement Directorate (ED) on Thursday arrested Cox & Kings (CKL) promoter Ajay Ajit Peter Kerkar in connection with the YES Bank money-laundering case. The beleaguered tour and travels company, one of the top borrowers of the private lender, owes Rs 5,500 crore to a clutch of banks and non-banking financial institutions. The move follows a series of arrests of CKG executives, including that of erstwhile chief financial officer (CFO) Anil Khandelwal and internal auditor Naresh Jain, in the case. Confirming the development, an ED official said Kerkar would be produced in the Mumbai sessions court on Friday and his custody for at least five days will be sought for interrogation. The CKG group and its promoter came under the ED scanner when the agency started investigating the books of  YES Bank  and its top borrowers. During the probe, the ED came across lenders’ enquiry again...