Raid Financial News

Indonesian authorities crack down on ten Bitcoin (BTC) mining sites for stealing energy from the national grid to power mining operations in the country.

Income Tax department conducted searches against a distillery group based in Odisha recently, the CBDT said on Thursday. The business of the group is controlled by a family based in Ranchi in Jharkhand and one of the family members is a «politically exposed person», the Board said in a statement, without taking any name.

By Nidal al-Mughrabi

Tamil Nadu's anti-corruption watchdog, Directorate of Vigilance and Anti-Corruption (DVAC), on Friday conducted a raid at the Enforcement Directorate's Madurai office following the arrest of a senior officer of the central agency identified as Ankit Tiwari. The arrest was made by the Madurai branch of the state police's DVAC on the Dindigul-Madurai highway shortly after Tiwari allegedly received a ?20 lakh bribe from an individual. An official statement from the DVAC said Tiwari contacted a government employee, a doctor, and mentioned in a disproportionate assets case which was registered against him and subsequently disposed of. Tiwari allegedly informed the employee that instructions had been received from the Prime Minister's Office to conduct an inquiry by the ED in the case and asked him to appear before the ED office in Madurai on October 30. When the doctor went to Madurai, the DVAC said, Tiwari got into his car and sought Rs 3 crore initially but later brought down the amount to Rs 51 lakh.

Five partners at top-tier firm law firm MinterEllison have departed in a raid by global rival HFW, which is aiming to cash in on mining and resources deals between Western Australia and China.

Kerala district that began a day ago continued on Thursday. The ED raided the Kandala Services Cooperative Bank near Kattakada here and several other locations, including the residence of its former president and local CPI leader N Bhasurangan.

Police raided three magic mushroom dispensaries in Vancouver on Wednesday.

Gaza are preparing for an Israeli offensive of unprecedented scale after Saturday's deadly Hamas raid, with more than 130,000 fleeing their homes and stockpiling supplies as air strikes pound the crowded enclave with 560 already dead. Amid an intensified Israeli siege cutting off water, food and power, and a sudden new assault, conditions look worse than at any point since Palestinian refugees flocked there during the 1948 fighting when Israel was founded. Israeli military phone messages have warned people to leave some areas, indicating a new ground attack that could eclipse previous bouts of destructive warfare in the dense concrete townships that grew up in Gaza's original tented refugee camps. «Where should we go? Where should we go?» asked 55-year-old Mohammad Brais.

ANI, Yadav made these remarks on Central agencies raiding INDIA leaders. SP Chief said, "We will teach a lesson to the BJP in these Lok Sabha elections. 2014 mein jo aaye they, wo 2024 mein chale jayenge. UP se aaye theyy, UP se bahar chale jayenge.

The police chief who led an August raid on a small weekly newspaper in central Kansas has resigned, days after he was suspended from his post

It took only a week for the central Kansas police chief who led an August raid on the local newspaper to go from looking like he had enough support at city hall to keep his job to resigning

Editors Guild of India (EGI), condemned the Delhi Police raids on news portal NewsClick and its journalists on Tuesday, with some alleging that it was an attempt to «muzzle» the press. The EGI issued a statement, saying it was deeply concerned about the raids at the residences of senior journalists on Tuesday morning. These raids are yet another attempt to «muzzle the media», it said. «We remind the government of the importance of an independent media in a functioning democracy and urge it to ensure that the fourth pillar is respected, nurtured and protected,» the guild said. «While we recognise that the law must take its course if actual offences are involved, the due process has to be followed.

Big Four has gathered pace with each firm looking to beef up its advisory practice and fill gaps in its services portfolio amid scorching growth. Deloitte recently lured 150 members, including 15 partners, from KPMG to its tax division. After the development, KPMG actively courted 17-18 Deloitte partners along with their teams from the rival's risk and corporate investigation team who had earlier worked with the firm.

Nvidia, one of the global leaders in artificial intelligence (AI) chip production headquartered in California, reportedly faced a police raid in its French offices this week. The action came as a part of a general inquiry of French antitrust authorities into the cloud computing sector. 

Big bank investors are warning that Australia has not yet passed the risk of the so-called mortgage cliff after household savings, which have sheltered borrowers from the worst of high inflation and rising interest rates, recorded the first fall in 16 years.

Gina Rinehart has increased her strategic stake in Liontown Resources and further complicated battery chemical giant Albemarle’s $6.6 billion takeover tilt at the lithium prize.

The Venezuelan Police seized Bitcoin (BTC) mining hardware, rocket launchers and a ton of other items as it recaptured the Tocoron prison which has been under the control of inmates. 

A judge ordered Kansas authorities to destroy all the electronic copies they made of a small newspaper’s files when police raided its office this month

Congress has hit out at the Centre for the ED raids on the premises of Chhattisgarh Chief Minister Bhupesh Baghel's political advisor Vinod Verma and alleged that the raids were politically motivated and linked to the upcoming assembly elections. Even as the ED closed in on the chief minister's establishment, Baghel put up a brave face and dubbed it as a «birthday gift» for him from the Centre. «Respected Prime Minister and Amit Shah… thank you very much for the 'priceless gift' you have given by sending ED to my political advisor and OSD on my birthday today», Baghel noted on 'X'. The Congress establishment rallied behind the party CM and hit out at the Centre.

Enforcement Directorate (ED) at his residence in Thrissur as "pre-planned," news agency PTI reported. "The ED officials searched the entire premises. My bank account details, as well as those of my wife and daughter, were examined.

Experts say a central Kansas police chief was on legally shaky ground when he ordered the raid of a weekly newspaper