Hawala Dealer Naresh Jain Earned Black Money Of 565 Crores
Hawala dealer Naresh Jain earned black money of 565 crores. The ED claimed on Tuesday that hawala dealer Naresh Jain and his associates have so far obtained black money of Rs 565 crore from their global network.
The investigating agency said that it had filed a case against Jain and others before the special court on October 28 under criminal sections of the Prevention of Money Laundering Act (PMLA).
“The court took cognizance of the charge sheet on November 2 and issued a non-bailable warrant against the four accused absconding in the case,” the ED said in a statement.
In September, Jain was arrested by the ED September as part of an investigation into money laundering involving suspected transactions of over Rs 1 lakh crore through over 550 undercover companies.
The ED claimed, the investigation found that Jain had committed a criminal conspiracy with his associates to harm the government treasury and banks by making entries about the beneficiaries, including illegal foreign transactions.
The ED said that Jain, his associates have so far collected Rs 565 crore from the money in exchange for hawala and this transaction.
The agency is investigating the role of Jain and his associates on the basis of an FIR lodged by the crime branch of the Delhi Police in 2018 and a criminal complaint by the Narcotics Control Bureau in 2009.
CJAR submits fine of Rs 25 lakh to top court, apology request for a delay
The Campaign for Judicial Accountability and Reforms (CJAR) informed the Supreme Court on Tuesday that it had deposited Rs 25 lakh in the court registry.
The organization requested an apology for the delay in depositing the amount.
The apex court had imposed the fine on the organization for filing public interest litigation to conduct an SIT inquiry into the alleged bribe in the higher judiciary in the medical college scam.
A bench of Justices RK Aggarwal, Justice Arun Mishra (both now retired), and Justice AM Khanwilkar dismissed the CJAR’s PIL in December 2017, terming it as defamatory, contempt and defamatory.
Within six weeks, he was directed to deposit Rs 25 lakh as damages in the registry.
This amount was to be transferred to the Supreme Court Bar Association Advocates Welfare Fund.
The organization, through advocate Prashant Bhushan, filed a fresh application informing the court that it has submitted a bank draft of Rs 25 lakh.
On November 2 to the apex court registry and waived the delay of nearly two and a half years in depositing the amount. Requested to do.
