The SIT found and reported that there was no amount shown in almost 289 HSBC Geneva entries, while 122 of them were repeated twice in the same list.
The entities are classified as 'vanishing companies' if they cease to file their balance sheets and other documents after raising capital and the whereabouts of their offices or directors become untraceable.
Wanted diamond merchant Nirav Modi on Thursday lost his fight against being extradited to India as a United Kingdom judge ruled that he can be sent back to face charges of fraud and money laundering in the estimated $2 billion Punjab National Bank scam case.
The court said accused cannot leave India without getting its permission.
The case relates to allegations of money laundering in the purchase of a London-based property -- located at 12, Bryanston Square -- worth 1.9 million pounds, which is allegedly owned by Vadra.
Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.
A bench headed by Justice H L Dattu turned down the plea of CBI which had approached the apex court for cancellation of bail after Chandra was allegedly caught on tape trying to influence A K Singh, the then public prosecutor in the case.
Christian Michel's investigation in New Delhi has revealed nothing substantial, contrary to the expectations of the prime minister and the media hype. A fascinating excerpt from Raju Santhanam's The Untold Story of Christian Michel and Agustawestland.
Vadra, on Facebook termed as "witch hunt" the Enforcement Directorate's action of attaching assets of a firm linked to him, and claimed that it showed "complete misuse of assertion of power".
India has historically not had a strong compliance mechanism around insider trading. This is in stark contrast to developed countries.
Former Telecom Minister A Raja had "misled" then Prime Minister Manmohan Singh regarding policy of first-come-first-served which was to be followed for allocation of 2G spectrum, Central Bureau of Investigation on Monday told a special court.
The 'Raj Bhavan/Nakkeeran Gopal case', in which editor S Gopal was arrested in the morning and set free by the court in the afternoon, is not the first one where the Tamil Nadu's once-reputed police force is seen as faltering in the eye of the law, says N Sathiya Moorthy.
'A separate 'Investigation Agency (Other Offences)' or IA(OO), can be created under the state governments, with the expertise and resources required for investigating non-violent offences,' recommends Alok Tiwari, a Cabinet Secretariat officer.
The Supreme Court has asked the CBI to place before it the "files and notings" which purportedly suggest that its Director Ranjit Sinha wants stopping of whole trial against Reliance Telecom Ltd (RTL) and three top executives of the Reliance ADAG, who are accused in the 2G spectrum scam case.
'Given the past record, no one will be prosecuted, especially since the beneficiaries comprise the most powerful people in the country. They will pay a fine and be let off.'
Congress leaders have hit out at the BJP governments at the Centre and in Karnataka, questioning its timing.
The leader of the largest opposition party in Lok Sabha will be included in a panel to select the chairperson and members of Lokpal under the amended law, governing the functioning of the anti-corruption body, approved by the Union Cabinet on Wednesday.
A special court on Tuesday set March 9, 2015, as the date for the verdict in the multi-crore accounting fraud in erstwhile Satyam Computer Services Limited.
In "A Higher Loyalty: Truth, Lies, and Leadership", James Comey will "explore what good, ethical leadership looks like and how it drives sound decisions", according to Pan Macmillan, which has acquired the publishing rights in the United Kingdom and the Commonwealth excluding Canada.
The Centre has refused to share copies of reports sent to it by the Uttar Pradesh governor and the government on Muzaffarnagar communal violence, saying it would impede probe, apprehension and prosecution of offenders.
Enforcement Directorate alleged that he was not cooperating and sought his custodial interrogation.
The Central Bureua of Investigation sought a maximum of seven years imprisonment for the five convicted persons and imposition of heavy fine on the private firm.
The British home secretary has granted permission for jeweller Nirav Modi's extradition to India. During their arguments in a London court, his lawyers claimed Modi suffers from mental illness and is a suicide risk if he was sent to Mumbai's Arthur Road jail. A fascinating excerpt from Danish Khan and Ruhi Khan's Escaped: True Stories Of Indian Fugitives In London.
A local court in Mumbai on Monday convicted security guard Sajjad Ahmed Mughal in connection with the murder of 25-year-old city-based lawyer Pallavi Purkayastha in her flat at suburban Wadala in 2012.
The whistle-blower's letter to Sebi said future disclosures on any wrongdoing could potentially not be exposed if Infosys is let off the hook now.
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
The case relates to the CWG street lighting scam, which had caused a loss of Rs 1.4 crore to the exchequer.
Former coal secretary and four others, including two serving government officials, were on Friday granted bail by a special court in connection with a coal blocks allocation scam case.
'If you wish to expand your business in a competitive global environment, you have no option but to be ethical.'
The investigative agency has been asked to file its report to the apex court on July 24.
Vadra's interim protection from arrest was extended till April 1.
A 'B-Summary' report is filed when the police do not find any evidence against the accused person to file a charge sheet and seek trial.
A Parliamentary panel examining the Lokpal bill may recommend that the proposed anti-corruption watchdog be a single window stop for probing all corruption complaints against government functionaries by ending multiplicity of investigating agencies to investigate graft cases.
Continuing to shed its famed banking secrecy veil, Switzerland today made public more names about which it has been approached from abroad for information, even as it published fresh gazette notifications about two Indians -- Sayed Mohammed Masood and Chand Kauser Mohammed Masood.
'In Bollywood, the power is disproportionately in the hands of a few men, whether they are actors or producers or directors.' 'The woman who makes an allegation against them can forget working in the industry again.'
Dinesh Thakur is famous for exposing Ranbaxy safety problems
'Trump will do significant damage in the short term'
Shivakumar, arrested on September 3 by the ED, was produced before the court on the expiry of his 9-day custodial interrogation by the agency.
The settlement with Sebi was seen as Infosys admitting guilt of the lapse, clearing out any legal or regulatory challenges and preparing ground for new chief executive officer Salil Parekh.
'Trail and appeals for rape cases must end in a year. Then the Police will not feel constrained to justify encounters and people will not applaud it.'
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