Sunday, May 29, 2022



Panama Papers leak case: ED conducts raids at 4 places in Goa, MP

New Delhi, May 13, 2022- In a latest development in connection with the Panama Papers leak case, the Enforcement Directorate (ED) on Friday conducted searches at four premises in Bhopal and Goa in a money laundering case registered against one Sanjay Vijay Shinde.

Searches were conducted at the four premises related to Shinde. These include the residential premises in Goa and Bhopal, the premises of his then employer VS Dempo Holdings Pvt Ltd, Goa and the premises of RPM Sonic Adventures & Caravan Resorts at Bhopal.

Cash amount of Rs 88.30 lakh and various incriminating documents were recovered from the premises.

“Name of Shinde figured in the Panama Papers Leak case wherein the names of various individuals were revealed, who had beneficial interests in various offshore entities. Shinde had beneficial interests in a British Virgin Islands-based offshore entity, in whose Singapore-based bank account, more than Rs 31 crore were deposited by various offshore entities,” the official said.

The Income Tax department had filed a prosecution complaint against Shinde under provisions of Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act. Subsequently, investigation under the provisions of Prevention of Money Laundering Act, was initiated by the ED.

Further investigation in the matter is on.  (Agency)

Subscribe to YesPunjab Telegram Channel & receive important news updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected






Who is responsible for bad condition of GHPS Schools run by DSGMC – by Inder Mohan Singh

Guru Harkrishan Public School Society was formed by the Delhi Sikh Gurdwara Management Committee (DSGMC) under the Societies Registration Act 1860 in the year...

How to Install Bootstrap in Angular

Bootstrap is accountable for creating mobile-first applications. It is used to style something during web development. Installing Bootstrap in Angular is easy but it...

Pakistan sheds crocodile tears over its protege Yasin Malik – by Amjad Ayub Mirza

It was a day full of speculation and anxiety and then came the much-awaited verdict against Yasin Malik. Finally the butcher of Kashmiri Pandits...


Health & Fitness

Disturbed sleep, menstrual cramps top hygiene concerns for women during periods: Survey

New Delhi, May 27, 2022- According to a survey, the top menstrual hygiene concerns for women during their periods are disturbed sleep, menstrual cramps and dirty public toilets. Out of the total number of women surveyed, more than half or 53.2 per cent, said they do not have sound sleep during the first two days of their periods. The survey revealed...

Gadgets & Tech