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ED moves Supreme Court against relief to NewsClick in money laundering case
🇮🇳 India · Society · Maharashtra · 1 h ago
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24.10 16:17 UTC
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The Enforcement Directorate (ED) has moved the Supreme Court challenging a Delhi High Court judgment that cancelled an FIR against NewsClick and set aside the money-laundering investigation initiated against the digital news portal.
The agency has argued that the High Court exceeded its jurisdiction by examining disputed questions of fact while cancelling criminal proceedings at the preliminary stage.
ED goes to Supreme Court against relief to NewsClick in money laundering case
The case stemmed from allegations concerning a foreign direct investment of $1.5 million, equivalent to approximately Rs 9.59 crore, that NewsClick received from US-based Worldwide Media Holdings LLC in April 2018 in exchange for a 7.69 per cent stake in the company.
The ED subsequently registered a money laundering case against NewsClick, Purkayastha and others, PTI reported.
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