'The selection process of the CBI chief has not been appropriate.' 'Three successive CBI directors have been found in corrupt moral practices.' 'A thorough investigation needs to be done before appointing anyone to such a post.'
According to RBI's circular, cases of frauds involving more than Rs 25 crore and up to Rs 50 crore should be given to the CBI's Banking Security and Fraud Cell
The bench made clear that it will not shift the schedule date of hearing and asked him to file his response 'as quickly as possible' during the day by 4 pm itself to enable it to peruse the reply.
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.
Green signal from Jaitley; CVC okays Hemant Contractor for head of PFRDA
Kharge was part of a three-member panel headed by Modi that had selected Verma last year to head the CBI.
The prime minister said if the government emphasises on policy-driven state then there will be less scope for interpretation by an individual.
The IEMs could be those former officers of government and PSUs who have retired from top management positions and also eminent persons and executives from the private sector.
The Bharatiya Janata Party on Friday termed as "very dangerous" External Affairs Minister Salman Khurshid's comments questioning the role of the Supreme Court and Election Commission and said the two institutions must take suo motu cognisance of it.
In a legal and political setback to the Congress-led United Democratic Front government in Kerala, a vigilance court on Friday turned down its move to wind up the palmolein import graft case dating to 1992 when late Congress veteran K Karunakaran was the chief minister.
Decision-making has been very poor, Ambani said.
The Central Bureau of Investigation has registered a case against Janata Dal-United Rajya Sabha MP Anil Kumar Sahani for alleged filing of fraudulent Leave Travel Concession claims using forged air tickets and boarding passes and carried out searches on Friday at Rajya Sabha Secretariat and other locations.
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
A bench comprising CJI and Justice Sanjiv Khanna was hearing a PIL filed by NGO Common Cause challenging the appointment of Rao as interim CBI director.
The CVC had received a complaint accusing Goswami of influencing decisions linked to Sinh and an enquiry in the case is going on, official sources said.
The Civil Aviation Ministry has submitted replies to the CVC on a series of allegations raised by Nishikant Dubey against the deal and clarified all concerns raised by him, official sources said.
The judge said that permission for prior sanction to prosecute Asthana was not required considering the facts of the case.
As many as 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions involving an amount of Rs 71,542.93 crore in the last fiscal.
Breaking his silence, the ousted CBI chief said that he was transferred on the basis of allegations made by only one person, who was inimical to him.
Armed with some documents pointing to large-scale irregularities, the Central Bureau of Investigation will soon register cases to probe the alleged involvement of some Rajya Sabha MPs and central government employees in forging leave travel concession claims for travel on state-run Air India.
As per the norms, sanction for prosecution has to be decided within four months time of the CBI seeking such a permission.
The probe into the alleged fake encounter case of Sadiq Jamal of 2003 in Gujarat will enter yet another phase with the Central Bureau of Investigation all set to question former Special Director of Intelligence Bureau Sudhir Kumar in connection with the case.
'There are so many issues that the CVC is examining both with reference to the PNB and RBI,' K V Chowdary said.
CBI has registered 18 FIRs so far in the coal scam.
'It was Parrikar's sharp insights into finance and international systems that stood out when India --at his suggestion -- decided to procure the Rafale combat jets from France.'
The investigative agency wanted four weeks, arguing some more investigation has to be carried out in the case.
"I think bankers have expressed some concern that they should not be held liable for actions that are taken in the full spirit of what is needed," Raghuram Rajan said.
The bank has one of the highest current account savings account share, stable credit quality, robust credit growth, adequate capital and low cost-to-income ratio, said PNB chief Sunil Mehta.
The Congress has launched an offensive against the Bharatiya Janata Party government over the Rafale deal, alleging corruption and violation of rules by Prime Minister Narendra Modi and demanded answers from him.
The petition has sought laying down of specific mechanisms to ensure transparency in the process of appointment of CBI director.
Amid slowdown blues, the government has unveiled a raft of measures over the past few months aimed at improving liquidity in the system, moderating interest rates as well as credit growth apart from addressing stress in the NBFC sector.
In his petition, Kharge, who is the leader of the Congress in Lok Sabha, said only the three-member committee of leader of opposition, prime minister and the Chief Justice of India can take a decision on the appointment or removal of the CBI director as per the act.
The agency opposed Asthana's plea seeking quashing of the FIR and said a roving inquiry at this stage was not permissible.
'Work will now be basically file movements from one desk to another as both the government and the agency would not like to antagonise the court.'
He has also sought stay of the Centre's order asking him to proceed on leave and giving the interim charge of his post to Joint Director M Nageswara Rao, a 1986 batch Odisha-cadre IPS officer.
MHA said the four men were on 'routine, covert' duties in the high security area.
Facing accusations of policy paralysis, Prime Minister Manmohan Singh on Friday admitted that growth rate had slowed down because clearances were not granted to infrastructure projects for the fear of Comptroller and Auditor General and Central Vigilance Commission.
Central Bureau of Investigation has written to the law minister expressing reservations over the new provisions introduced through Lokpal where the agency will have to take the nod of Central Vigilance Commission before filing charge sheets in cases referred by the anti-corruption watchdog.
The much-delayed Lokpal Bill has finally been passed by both the Houses of Parliament. Following are some important features of the Lokpal and Lokayuktas Bill, 2011, passed by Parliament
There is no need for increased superintendence over the CBI in the aftermath of the coal blocks allocation and 2G scam cases, CVC K V Chowdary said on Sunday.
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