Enforcement Directorate collaborates with FBI on investigation into US tech mogul linked to NewsClick

The Enforcement Directorate has collaborated with the FBI to investigate Neville Roy Singham, a former US tech mogul linked to NewsClick. The ED's investigation is focused on allegations of foreign direct investment received by NewsClick in 2018. The US House of Representatives' Ways and Means Committee has subpoenaed three US-based organizations linked to Singham, which are suspected of receiving over USD 20 million from his network. The Delhi High Court previously dismissed the ED's money-laundering case against NewsClick, but the ED has appealed to the Supreme Court.

Key facts

• The Enforcement Directorate has shared information with the FBI to aid their investigation into Neville Roy Singham.
• The ED is investigating allegations that NewsClick received foreign direct investment from a US-based entity in 2018.
• The US House of Representatives' Ways and Means Committee has issued subpoenas to three US-based organizations linked to Singham.
• The Delhi High Court previously dismissed the ED's money-laundering case against NewsClick, but the ED has appealed to the Supreme Court.

Sources

• The Print