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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

Govandi is changing: Successful Talent of Govandi Festival filled with children’s artistic talents

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Govandi: With the aim of changing the negative image of Govandi, notorious for drug addiction and crime, and providing a bright future for the children here, the Abu Asim Azmi Foundation, led by local MLA Abu Asim Azmi, has taken a big step. The foundation recently successfully organized the “Talent of Govandi Festival”, which was going on for the past one month.

The festival organized various competitions related to education, sports, skills and talents. Thousands of children from Govandi, Mankhurd, and Shivaji Nagar enthusiastically participated in more than 17 competitions, including singing, dancing, drawing, speech, mehndi, recitation, naat, handicrafts, rangoli, carom, boxing, cricket, volleyball, badminton, karate and poetry. The children performed brilliantly by showcasing their talents and hard work. The new and hidden talents of Govandi were introduced not only locally but also internationally. On this occasion, those IAS officers who added to the glory of Govandi were also honored. MLA Abu Asim Azmi, motivational speakers Sir Awadh Ojha and Sana Khan, and social media influencer Faizo among other dignitaries were present at the event. All of them encouraged the children and gave them prizes. The main objective of the festival was to encourage children to stay away from drugs and choose a better life and make their future bright, through which the talents of the children of Govindi were introduced to the whole world.

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Maharashtra

Accused wanted in Madhya Pradesh murder arrested after 7 years from Dhoni

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Mumbai: Paidhoni Police Station has traced the accused who was absconding for 7 years in a murder case in Madhya Pradesh and handed him over to the Madhya Pradesh Police. 6 November
‎From Katni district of Madhya Pradesh, Police Sub-Inspector Rishabh Singh Baghel, Dilip Kaul of Barhi Police Station informed Paidhoni Police that a case has been registered under sections 302, 294, 323, 324, 506, 147, 148 of the Indian Penal Code at Barhi Police Station, Katni district, Madhya Pradesh. The accused in this case is wanted for the last 7 years and is still hiding in the limits of Paidhoni Police Station in Mumbai, help has been sought from the police to trace him. This was informed to Hon. After which the higher officers were informed about this and the above wanted accused was searched and he was detained from the footpath near Balgi Hotel, P.D. Melo Road, Masjid Bunder East, Mumbai. Later he was brought to the Paidhoni Police Station and interrogated regarding the crime. Since there was evidence of his involvement in the crime, the said accused was handed over to the police team at the above police station, district. Katni and they took him to the Barhi Police Station. Where further investigation is underway. The accused has been identified as Raja Ram Ramadhar Tiwari, 35 years old. With the cooperation of the Mumbai Police, the Madhya Pradesh Police solved the case and the wanted accused has been arrested on charges of murder.

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Maharashtra

Anti-Narcotics Cell ANC arrests drug dealer Akbar Khao in major operation

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Mumbai: Anti-Narcotics Cell ANC Ghatkopar has claimed to have arrested drug dealer Mohammad Shafi Sheikh alias Akbar Khao on charges of drug trafficking. MCOCA was applied to him in the police station for drug trafficking and he was released on bail. Despite this, he used to supply drugs. ANC had arrested an accused in a drug case. During his investigation, it was revealed that Akbar Khao was a fugitive in this case. His details were known and clues were found. He is hiding in Odisha, after which the police arrested him from Raj Gangapur Sundergarh. A total of 15 cases have been registered against Akbar Khao, including NDPS Act and various crimes. Two NDPS Act cases are registered in VB Nagar. ANC has 2 NDPS drug trafficking cases, a total of 18 cases have been registered. The ANC has arrested two accused in this case and also seized drugs worth Rs 12 crore. This operation was carried out by ANC DCP Nunath Dhole on the instructions of Mumbai Police Commissioner Deven Bharti.

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