Barclays Bank - Latest News Update, Information, Photos & Videos on Barclays Bank at Lokmat Times

A senior ED official said the agency attached the bank account maintained in an ICICI bank here under the money laundering act.According to the agency, Ritu Khaitan has committed an offence punishable under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015.The ED said Ritu Khaitan held the beneficial interest or ownership in foreign assets or company or bank account "but failed to disclose the same in her return of income filed before the Income Tax Authorities"."She has been found laundering money in various other personal and bank accounts of companies in Singapore and Mauritius in which she has beneficial interest," the ED official said."Investigation revealed she maintained foreign bank accounts in her name, in the name of companies owned by her and in joint name with her father-in-law and husband abroad, namely Barclays Bank, Singapore, and Bank of Singapore," the official said.The foreign bank accounts showed huge inward remittances, the official added.Gautam Khaitan was arrested on January 25 this year.The officials said that there were other pending cases of corruption and money laundering against Gautam Khaitan.The fresh criminal case under the Prevention of Money Laundering Act was filed by the ED against Gautam Khaitan and his wife on the basis of a case lodged by the Income Tax Department against him.( With inputs from IANS )

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Barclays Bank, NewsFOLLOW

Barclays bank, Latest News

Aurangabad :Life & employability skills training held in Chem Tech Dept

Aurangabad, Aug 8: Training and Placement Cell (TPC), Department of Chemical Technology of Dr Babasaheb Ambedkar Marathwada University (BAMU), ... ...

Aurangabad :Life in UK during third wave of pandemic, city residents settled in Britain narrate their experiences

SAMEER DESHPANDE AURANGABAD, AUG 10: The third wave of Covid-19 in peaked in mid-July 2021 in the United Kingdom. ... ...

National :Bank account of AgustaWestland middleman's wife attached

In a major action against Ritu Khaitan, wife of AgustaWestland helicopter scandal accused Gautam Khaitan, the Enforcement Directorate on Wednesday attached her bank account which had Rs 7.49 lakh. ...