Tag: Money Laundering

Couple arrested for money laundering
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Couple arrested for money laundering

March 6, 2022

Mysuru: The Enforcement Directorate (ED) has arrested a couple from the city in connection with a fraud and money laundering case at Central Institute of Petrochemicals Engineering & Technology (CIPET), under the Ministry of Chemicals and Fertilisers, Government of India. The arrests were made on the basis of a non-bailable warrant issued by a local…

Money laundering: Pak terrorist gets 7 years RI
News

Money laundering: Pak terrorist gets 7 years RI

July 26, 2017

Bengaluru: Eleven years after the arrest of a Pakistan-based terrorist in Mysuru, the Principal City Civil and Sessions Court in Bengaluru yesterday convicted Mohammed Fahad Hai under the Prevention of Money Laundering Act, 2002, (PMLA) and sentenced him to seven years of rigorous imprisonment and a fine of Rs. 10,000. The conviction became the first…

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