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2 clusters · 12 sources · 7 days · First seen · Last updated
Enforcement Directorate GST fraud investigation
Overview
The Enforcement Directorate arrested two individuals, Gyaan Chand Jaiswal and Raaj Jaiswal, in connection with a major Goods and Services Tax (GST) Input Tax Credit fraud investigation spanning Jharkhand and West Bengal. The investigation revealed a syndicate using 135 shell companies to issue bogus invoices exceeding Rs 5,000 crore, allegedly allowing the group to generate fake tax credits worth over Rs 734 crore.
Entities
Enforcement Directorate · Nexa Evergreen · Muzaffarpur · Pancard Clubs Ltd · Y. S. Jagan Mohan Reddy
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 4 SOURCES] The ED has petitioned the Telangana High Court to fast-track nine pending disproportionate assets cases involving Y. S. Jagan Mohan Reddy.
- [● 4 SOURCES] The ED is seeking the personal appearance of Y. S. Jagan Mohan Reddy and other accused individuals for the proceedings.
- [● 4 SOURCES] The money laundering cases against Jagan Mohan Reddy have been pending for nearly a decade.
Timeline
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[CRIME] 12 sourcesJagan Mohan Reddy: ED seeks speedy trial in money laundering cases
The Enforcement Directorate has moved the Telangana High Court to fast-track money laundering trials involving former Andhra Pradesh CM Y. S. Jagan Mohan Reddy, citing a decade of delays.
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[CRIME] 2 sourcesEnforcement Directorate arrests two in Rs 5,000 crore GST fraud case
The Enforcement Directorate arrested two individuals for a GST fraud scheme involving 135 shell companies and bogus invoices worth over Rs 5,000 crore.
Sources
bhaskarlive.in · deccanchronicle.com · dtnext.in · kalingatv.com · mirchi9.com · newindianexpress.com · newsable.asianetnews.com · odishabytes.com · orissapost.com · pragativadi.com · socialnews.xyz · thecsrjournal.in