ED attaches assets worth Rs 16.40 crore linked to Zakir Naik's family under PMLA

Agencies
January 19, 2019

New Delhi, Jan 19: The Enforcement Directorate (ED) has attached fresh assets worth Rs 16.40 crore in connection with its money-laundering probe against controversial Islamic preacher Zakir Naik, it said on Saturday.

The Enforcement Directorate (ED), in a statement, said it had issued a provisional order for attachment of assets registered in the name of Naik's family members, located in Mumbai and Pune, under the Prevention of Money Laundering Act (PMLA).

The estimated value of the immovable assets was Rs 16.40 crore, the central probe agency said.

The ED identified the properties as Fatima Heights and Aafiyah Heights in Mumbai, an unnamed project in the Bhandup area of Maharashtra's capital city and a project named Engracia in Pune.

"In order to disguise the origin of funds and real ownership of the properties, the initial payments made from Naik's bank account were refunded and diverted to the accounts of his wife, son and niece and re-routed again for the purpose of making bookings in the name of the family members rather than Naik,'' the ED said.

"This has been revealed from the money trail established by the ED," the agency said.

The ED had registered a criminal case against Naik and others in December 2016 after taking cognisance of a National Investigation Agency (NIA) complaint filed under the Unlawful Activities Prevention Act (UAPA).

The NIA had also filed a charge sheet against Naik and others before a Mumbai court in October 2017.

Quoting the NIA charge sheet, the ED said Naik "deliberately and maliciously insulted the religious beliefs of Hindus, Christians and non-Wahabi Muslims, particularly the Shias, Sufis and the Barelwis, with the intention of outraging their religious feelings".

It said Naik's organisation, the Islamic Research Foundation, and Ms Harmony Media "have been instrumental in the maximum circulation of such incriminating speeches".

"For such activities, the accused (Naik) was receiving funds from IRF as well as other unknown sources," the ED claimed.

This is the third such attachment by the ED in the case and with the latest order, the total value of assets attached by the agency stands at Rs 50.49 crore.

The ED, which functions under the Union finance ministry, is looking into the charges of laundering of illegal funds in the case and the subsequent proceeds of crime thus generated.

The attachment of assets action under the PMLA is aimed to deprive the accused of taking benefits of his ill-gotten wealth and such an order gets confirmed after an order is passed by the Adjudicating Authority of the PMLA within 180 days.

The ED said the probe against Naik, said to be based in Malaysia at present, was continuing.

Comments

Krishna
 - 
Sunday, 20 Jan 2019

who are these NIA & ED ?

They are the loyals  of BJP. they are the group of people who are ready to do anything for BJP to keep their post for long time

 

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Agencies
June 22,2020

New Delhi, Jun 22: India's COVID-19 cases per lakh people is one of the lowest in the world despite its high population density, and the recovery rate has now reached almost 56 per cent, the Union Health Ministry said on Monday.

For every one lakh population, there are 30.04 coronavirus cases in India, while the global average is over three times at 114.67, the ministry said, referring to the WHO Situation Report 153, dated June 21.

“This low figure is thus a testimony to the graded, pre-emptive and pro-active approach the Government of India along with the states and UTs took for prevention, containment and management of COVID-19," the ministry said in a statement.

Citing the WHO Situation Report, the ministry said the US has 671.24 cases per lakh population, while Germany, Spain, Brazil and the UK have 583.88, 526.22, 489.42 and 448.86 cases per lakh population, respectively.

It said Russia has 400.82 cases per lakh people, while Italy, Canada, Iran and Turkey have 393.52, 268.98, 242.82 and 223.53, respectively.

Coming back to India, as on Monday morning, the total number of coronavirus cases stood at 4,25,282 and the death toll at 13,699, according to figures issued by the ministry.

In its update issued at 8 AM Monday, the ministry said 9,440 COVID-19 patients recovered in the last 24 hours, taking the total number of recoveries to 2,37,195, a recovery rate of 55.77 per cent.

Presently, there are 1,74,387 active cases and all are under medical supervision, it said.

"The difference between the recovered patients and the active COVID-19 cases continues to widen. Today, the number of recovered patients has crossed the number of active patients by 62,808," the ministry said.

The COVID-19 testing infrastructure is continuously being ramped up and number of government labs has been increased to 723 and the private labs to 262, adding up to a total of 985, it said.

According to the Indian Council of Medical Research, a total of 69,50,493 samples have been tested up to 21 June, 1,43,267 of them just on Sunday.

On Monday, the country added 14,821 new COVID-19 cases in a single day, pushing the tally to 4,25,282, while the death toll rose to 13,699 with 445 new fatalities reported till 8 am.

The country breached the four lakh-mark on Sunday, eight days after crossing three lakh COVID-19 cases. It has recorded 2,34,747 infections since June 1.

Monday was the 11th day in a row when the country registered over 10,000 cases.

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News Network
June 25,2020

New Delhi, Jun 25: Union Home Minister Amit Shah on Thursday hit out at Congress for "unceremoniously sacking" its spokesperson and said that leaders in the opposition party are "feeling suffocated".

To substantiate his point, Shah referred to the recent Congress Working Committee (CWC) meet in which senior members and younger members raised a few issues, however, they were "shut down".

Taking to Twitter, Shah posted two English dailies' articles titled -- "Not scared of PM Modi, but many in the party dodge him: Rahul at Congress Working Committee meet" and "Congress removes Sanjay Jha as party spokesperson after critical article".

Last week, Jha was dropped as AICC spokesperson and Abhishek Dutt and Sadhna Bharti appointed as National Media Panelist of Congress party.

"During the recent CWC meet, senior members and younger members raised a few issues. But, they were shouted down. A party spokesperson was unceremoniously sacked. The sad truth is - leaders are feeling suffocated in Congress," the Union Minister tweeted.

Meanwhile, Shah also targetted Congress on the completion of 45 years of emergency, which was imposed by former Prime Minister Indira Gandhi on June 25, 1975 and asked the party to self introspect.

"As one of India's opposition parties, Congress needs to ask itself: Why does the Emergency mindset remain? Why are leaders who do not belong to 1 dynasty unable to speak up? Why are leaders getting frustrated in Congress? Else, their disconnect with people will keep widening," he wrote.

Comments

Fairman
 - 
Thursday, 25 Jun 2020

Jha the spokesperson, tried to be under the payroll of BJP, so disciplinary action was imminent.

 

Discipline has no compromise.

Mohammed
 - 
Thursday, 25 Jun 2020

If i am not wrong you have already purchased suffocated leaders from congress.

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News Network
February 28,2020

Feb 28: The best economic tonic for the coronavirus shock is to contain its spread and worry about stimulus later, said Raghuram Rajan, former head of the Reserve Bank of India.

There’s little central banks can do, and while more government spending would help, the priority should be on convincing companies and households that the virus is under control, he said.

“People want to have a sense that there is a limit to the spread of this virus perhaps because of containment measures or because there is hope that some kind of viral solution can be found,” Rajan told Bloomberg Television’s Haidi Stroud Watts and Shery Ahn.

“At this point I would say the best thing that governments can do is to really fight the epidemic rather than worry about stimulus measures that comes later,” said Rajan, who is currently a professor at the Chicago Booth School of Business.

The spread of coronavirus is pushing the world economy toward its worst performance since the financial crisis more than a decade ago.

Bank of America Corp. economists warned clients Thursday that they now expect 2.8% global growth this year, the weakest since 2009.

“We have moved from extreme confidence in markets to extreme panic, all in the space of one week,” said Rajan, who previously was chief economist at the International Monetary Fund.

The virus outbreak will force companies to rethink supply chains and overseas production facilities, he said.

“I think we will see a lot of rethinking on this, coming on the back of the trade disruption, now we have this,” Rajan said. “Globalization in production is going to be hit quite badly.”

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