Companies owned by fugitive diamantaire Mehul Choksi have allegedly siphoned off over Rs 6,344.96 crore from the Punjab National Bank (PNB) using fraudulent letters of undertaking and foreign letters of credit, a CBI investigation into the scam has detected. The findings were submitted by the CBI in a supplementary chargesheet filed before a special court in Mumbai last week, where the agency said the PNB was conned by its employees who were allegedly hand in gloves with Choksi and his company executives and who facilitated the scam as part of a criminal conspiracy. The PNB officials at the bank's Brady House branch in Mumbai issued 165 letters of undertaking (LoUs) and 58 foreign letters of credit (FLCs) during March-April 2017, against which 311 bills were discounted.
Sushil Chandra will conduct the UP, Punjab, Goa, Manipur, Uttarakhand elections before he retires in May 2022.
The Central Bureau of Investigation on Tuesday received an audio tape carrying a conversation purportedly between Army chief General V K Singh and another person, in connection with the alleged bribery case referred to it by the defence ministry.
Bassi said his transfer to Andaman and Nicobar Islands on October 24 is "malafide and derails a sensitive probe" and added that allegations against Asthana are "grave".
Joe Maguire was found guilty of repeated bodily harm, violence against public employees and attempted bribery. Sharman was found guilty of insult, repeated bodily harm and violence against public employees.
For the chief minister and Assam alike, the road ahead is full of challenges, notes Aditi Phadnis.
Raghuveer Nayak, an Indian-American multi-millionaire, was sentenced to two years in prison and fined $500,000 in a decade-long medical scam by a federal judge in Chicago on Monday.
Former FIFA executive committee member Chuck Blazer was banned for life from all football activities on Thursday by the sport's governing body, which is engulfed in a scandal over alleged corruption.
Goa police on Wednesday said it has come to light that "bribe was paid" by a US firm for a water developmental project in the state.
'The EC should take permission from the PMO at the earliest and register FIRs against the two,' Kejriwal wrote in the letter.
The ED named former Air Force Chief S P Tyagi, his two cousins, lawyer Gautam Khaitan, two Italian middlemen and Finmeccanica in its chargesheet.
The law's ambit has been widely framed, with severe penalties such as prosecution and jail in the UK for a bribe given in India.
Gerhard Gribkowsky, an ex-BayernLB banker, is on trial charged with selling Formula One rights in return for a bribe, with the involvement of Ecclestone.
In a public notification, the government sought views and suggestions of general public on the Prevention of Bribery of Foreign Public Officials and Officials of Public International Organisations Bill, 2011 which prohibits accepting or giving gratification by or to a foreign public official or official of public international organisation and makes such acts punishable with imprisonment of upto seven years.
The AgustaWestland VVIP chopper deal will once again dominate the proceedings in Parliament on Thursday.
The Central Bureau of Investigation has registered an FIR against former Maharashtra home minister Anil Deshmukh in connection with allegations of bribery against him and carried out searches at various locations in Mumbai on Saturday, officials said.
IPS officers Arvind Kumar and Samant Kumar Goel to head IB and RAW respectively.
Verma is understood to have given point-wise refusal to all the allegations levelled by Asthana before the panel comprising Vigilance Commissioners T M Bhasin and Sharad Kumar, they said.
If the sanction is accorded, the four leaders might be named in the charge sheet.
Embattled Anglo-Italian helicopter maker AgustaWestland may face a probe in the UK over its 480 million pounds scandal-hit deal with India for the supply of 12 VVIP choppers.
During the hearing, CBI said charges against Asthana are serious and the agency was investigating the matter and is likely to add more offences in the FIR.
They were arrested with the 'cooperation of district authorities of Satara on the strength of Non-bailable Warrant of Arrest issued by the Court of Special Judge, CBI Cases, City Sessions Court, Mumbai', CBI spokesperson R K Gaur said in New Delhi.
Israel could be headed for a break from the 'Bibi-regime' as several former allies of longest-serving Prime Minister Benjamin Netanyahu seem to have joined hands with political opponents to form a national-unity government that would not only have political formations from the Left, the Centre and the Right, but may also be supported by an Arab party.
FIFA's Ethics Committee on Wednesday called for Rafael Callejas to be banned from soccer for life, alleging the former president of the Honduran Football Association breached the scandal-hit soccer governing body's code of conduct.
Following is a list of high-ranking officials to have been implicated or punished in the bribery and corruption crisis that has engulfed FIFA.
Belying all expectations, the Trinamool Congress registreted a landslide victory in West Bengal assembly elections, overcoming the might of the Bharatiya Janata Party after a bitter campaign that had turned into a virtual duel between Chief Minister Mamata Banerjee and Prime Minister Narendra Modi.
Louis Berger officials had allegedly paid Rs 50-60 lakh each as bribe to former Chief Minister Digambar Kamat and the then Public Works Department Minister Churchill Alemao.
The senior Congress leader was in a coma since October last year, when he was admitted to AIIMS after he suffered a brain haemorrhage.
Swiss authorities have arrested Guido Ralph Haschke, the alleged middleman in the AgustaWestland VVIP helicopter deal, on charges of bribery, Italian media reported.
Israel's parliament is set to vote on Sunday on a new government led by Yamina head Naftali Bennett, ousting Prime Minister Benjamin Netanyahu from power after an uninterrupted 12 years at the helm of affairs.
Rejecting allegations of "non-cooperation", the Central Bureau of Investigation has said that all documents related to AgustaWestland helicopter bribery scandal have been provided to prosecutors in Italy who are contesting the case there.
While his performance is commendable, the bribery charges against him just don't go away.
Ajit Balakrishnan offers a New Year resolution for our policy-makers.
"There is no allegation in the charging documents that any Nike employee was aware of or knowingly participated in any bribery or kickback scheme," the company said.
The agency opposed Asthana's plea seeking quashing of the FIR and said a roving inquiry at this stage was not permissible.
FIFA Secretary General Jerome Valcke Valcke on Wednesday dismissed allegations of wrongdoing over $10 million in bank transactions that are under investigation by U.S. authorities.
Samajwadi Party chief Mulayam Singh Yadav has demanded that Bharatiya Janata Party Member of Parliament Ashok Argal, who made allegations of bribery against his party in the Lok Sabha on Tuesday, be arrested immediately.Union Railway Minister Lalu Prasad Yadav termed the allegation as a 'drama' staged by the saffron party when they were about to be 'exposed for offering money' to RJD's Pappu Yadav.
Out of the total 34 bribery cases filed against various state departments in 2007 as many as 15 are against men in the uniform. Also, 17 cops are facing charges under the Prevention of Corruption Act, according to the figures by Delhi Government Vigilance Department tabled in state assembly recently.
The government has already set up a special court for speedy trials of all government officials arrested for accepting bribe.
A New Jersey-based construction management firm has been charged with bribing Indian officials several crores of rupees to win two major water developmental projects in Goa and in Guwahati.
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