Hawala is an ancient method of transferring money that operates outside of traditional banking channels Money laundering allegations According to Gupta’s petition to the Bombay High Court ...

Mumbai: The Directorate of Enforcement (ED)launched a major crackdown across Maharashtra and Gujarat in a high-stakes money laundering probe into the Rs 125 crore alleged hawala funds deposited in ...

The Undial and Hawala systems are informal, trust-based methods of transferring money, common in South Asia and West Asia. They offer speed and cost-effectiveness but lack transparency, raising ...