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Enforcement Directorate News - Latest Updates & Headlines

Committed to cooperating with authorities: EaseMyTrip on ED raid

New Delhi, April 17: After the Enforcement Directorate (ED) conducted multi-state searches, including at one of the premises of EaseMyTrip, in connection with the Mahadev online betting app-linked money laundering case, the online travel platform on Thursday said it remains committed to cooperating with the authorities.

Fugitive Mehul Choksi living in Belgium, plans to move to Switzerland for treatment

New Delhi, March 23: Fugitive businessman Mehul Choksi, who is wanted in India for his alleged involvement in a Rs 13,500-crore bank loan fraud, was previously believed to be residing in Antigua and Barbuda before reportedly travelling and residing in Antwerp, Belgium, with his wife, Preeti Choksi, after obtaining a residency card, according to a media report.

Paytm to resolve FEMA allegations linked to Little Internet & Nearbuy; transactions largely before acquisition

Mumbai, March 1: Paytm, a major player in the digital payments and financial services ecosystem, has said it will seek resolution of alleged FEMA contraventions related to two acquired subsidiaries -- Little Internet Private Limited (LIPL) and Nearbuy India Private Limited (NIPL). The company in an exchange filing clarified that certain alleged contraventions are attributable to these subsidiaries for transactions during a period before they became part of Paytm.The allegations stem from a show cause notice (SCN) received by Paytm from the Directorate of Enforcement (ED) on February 28, 2025, related to alleged violations under the Foreign Exchange Management Act, 1999 (FEMA) for transactions between 2015 and 2019, the filing added. Paytm stated that it is seeking legal advice and evaluating appropriate remedies through available regulatory processes.

I will cooperate fully, but where is the case?: KTR on Formula E case

Hyderabad, January 16: Right after being questioned for hours by the Directorate of Enforcement (ED) in relation to the Formula E on Thursday, BRS working president KT Rama Rao questioned the validity of propping up a case against him and also challenged Telangana Chief Minister Revanth Reddy for a debate.

Businessman granted permission to travel abroad by Delhi HC

New Delhi, January 7: The Delhi High Court has allowed Sameer Mahendru, a businessman embroiled in the Delhi Excise Policy case, to travel abroad. Justice Vikas Mahajan directed the trial court to release Mahendru's passport for his trip to Dubai, which is scheduled between January 9 and January 16, 2025.