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Wednesday,17-September-2025
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ED seizes Rs 30.60 cr in assets linked to Pandora Papers Leaks case

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The Enforcement Directorate (ED) announced on Saturday that they have seized assets worth Rs 30.60 crore in the form of investments in securities related to Vikram Swarup and Gaurav Swarup under the provisions of the Foreign Exchange Management in the Pandora Papers leaks case.

“It was revealed in the Pandora Papers leaks that Vikram Swarup and Gaurav Swarup were beneficial owners of a company, Epsilon Enterprises Ltd., incorporated in the British Virgin Islands. Further investigations revealed that the two were beneficiaries of bank accounts belonging to Epsilon Enterprises Ltd., held with Standard Chartered Bank in Jersey and Bank J. Safra Sarasin in Switzerland,” the ED said.

The probe agency stated that their investigation conducted under FEMA revealed that the Swarup brothers were holding assets in the form of “foreign exchange” in accounts maintained with Standard Chartered Bank in Jersey and Bank J. Safra Sarasin in Switzerland, under the name of the aforementioned Epsilon Enterprises Ltd., in contravention of Section 4 of FEMA.

“During the investigation, assets totaling Rs 30.60 crore in the form of investments in securities were identified and seized under Section 37A of FEMA. Further investigation in the matter is in progress under FEMA,” said the ED.

Maharashtra

Mumbai Goregaon illegal call center exposed, 15 accused arrested

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Mumbai: The Mumbai Crime Branch has claimed to have busted an illegal call centre in the Goregaon area of ​​Mumbai. The call centre was used to defraud American citizens. In the name of updating antivirus software on a toll-free number, it used to fool American citizens and lure them into investing in crypto currency and dollars by luring them to buy gifts worth $250 to $500. On September 15, the Crime Branch Unit 12 received a tip-off and arrested 15 accused during the raid and recovered 10 laptops, 20 mobile phones, two call centre operators, a manager and 10 tolly group agents from the possession of the accused. The Crime Branch has registered a case under the Cheating and IT Act in this case. The operation was carried out on the instructions of Mumbai Police Commissioner Deven Bharti, Joint Police Commissioner Lakshmi Gautam and DCP Vishal Thakur.

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Maharashtra

India-Pakistan cricket match: BJP government should clarify its policy: Uddhav Thackeray

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Mumbai: Mumbai Shiv Sena chief Uddhav Thackeray targeted BJP after the India-Pakistan cricket match and said that the Bharatiya Janata Party (BJP) only pretends to be patriotic and this has now become clear. What would have happened if the cricket match was not played with Pakistan? On one hand, after the terrorist attack in Pahalgam, Pakistan was declared an enemy country and a delegation was sent against it at the international level. Pakistan’s misdeeds were put forward there, but what message will go at the international level if cricket is played with Pakistan. Pakistan carries out terrorist attacks against India and we play matches with it. The stand that the country had made clear against Pakistan after the Pahalgam attack should be maintained, but the BJP wants to sing praises of Amit Shah and Jai Shah. Delegations from across the country say that Pakistan carried out a terrorist attack on India and now a match is being played with it. Is this right? Uddhav Thackeray also raised questions on the foreign policy regarding Pakistan and said that on one hand we call Pakistan a terrorist country and on the other hand we play cricket with it. We narrate the misdeeds of Pakistan during our foreign trips. So what message will go to these countries that on one hand India calls Pakistan a terrorist and on the other hand maintains relations with it. So why would any country support India against Pakistan? Therefore, it is important to decide whether Pakistan is an enemy or a friend. If we end relations with Pakistan, we can convince other countries to do the same. But what message will go when we talk against Pakistan and play cricket with it? That is why I call the Bharatiya Janata Party a fake Janata Party.

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Maharashtra

In the cabinet meeting, approval was given to establish 79 Kisan Bhavans for the farmers of Maharashtra

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Mumbai 8 important decisions were taken in the Maharashtra Cabinet meeting today. Emphasizing the focus on the basic facilities of the state in the cabinet meeting, the sub-committee for general facilities has been approved. The Chief Minister and other ministers will be members of this committee. The proposal to build 79 Kisan Bhavans for the farmers of the state has also been approved. After the approval of the UP committee i.e. the sub-committee for Maharashtra development, now this committee will take decisions on the work related to development works and projects. The proposal to build a 94 km long road to connect Gudhchiroli by road has been approved. Its estimated cost will be Rs 931 crore 15 lakh. Its responsibility has been given to the Ministry of Construction and PWD. The Energy Department has a target of generating 5,000 MW of electricity in the state and this work has been assigned to the Energy Ministry.

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