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Several Foreigners Investing Money from Criminal Activities in Goa Real Estate

Posted: 14 Mar 2010 11:18 PM PDT

Several controversial real estate deals by foreigners in Goa could well have been funded by proceeds from crime and narcotics trade, an Enforcement Directorate official Friday said. ‘We are probing the possibility of money sourced from proceeds of crime and through sale of narcotics being used to purchase of properties,’ the department’s Assistant Director Jyoti [...]

JP Morgan Fund Invests in China, India

Posted: 14 Mar 2010 10:10 PM PDT

JP Morgan Asset Management has invested almost a quarter of its $860 million Asian infrastructure fund in China and India assets, as part of efforts to complete investments in the next two years. The Asian Infrastructure & Related Resources Opportunity Fund invested in cement and water treatment companies in China and a hospital in India [...]

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