It is high time the Indian government signalled discomfort with the UK providing refuge to those accused of financial crimes in India, states Jaimini Bhagwati.
Spanish court rejects Brazil footballer's Dani Alves appeal against remand over sex claim
The Delhi police has prepared a list of 100 odd questions that actor Jacqueline Fernandez has been asked to answer in the alleged Rs 200 crore scam.
The ED carried out searches against two former auditor firms of IL&FS -- BSR and Associates and Deloitte Haskins and Sells -- on Wednesday in connection with its money-laundering probe into alleged financial irregularities at the infrastructure development and finance company, official sources said. The premises linked to the two auditors in Mumbai were searched under the provisions of the Prevention of Money Laundering Act (PMLA), they added. The action came a week after the Supreme Court set aside a Bombay High Court verdict that quashed an SFIO probe against the two companies, both former auditors of IL&FS Financial Services, paving the way for action against them under the Companies Act and allowing the National Company Law Tribunal (NCLT) to take forward its enquiry against them.
The two women, who had earned their daily bread selling lottery tickets on the streets of Kochi, were allegedly sacrificed by the accused to settle their financial issues and bring prosperity in life, police said.
Gilberto Fleitas, the head of the investigations unit of the Paraguayan police, said Ronaldinho and his brother were taken into custody just hours after a judge refused to ratify a prosecutor's proposal for an alternative punishment.
Labour Leader Keir Starmer told a gathering of hundreds of British Indians that he was determined to put an end to 'divisive politics' and extremist elements exploiting social media to spread hatred within communities.
India and Saudi Arabia on Monday called on states to reject the use of terrorism against other countries and prevent access to weapons, including missiles and drones, to commit acts of terror.
Cyber criminals are using apps and young women to trap people through mobile phone calls and video chats.
Despite India becoming a new destination for global investors, 38 per cent of over 5,400 companies' representatives surveyed by the global consultancy firm PricewaterhouseCoopers said they were asked to pay bribes to get licences, orders over the past two years.Among the seven major emerging economies of the world, India is ahead of Turkey, Mexico and China, where 28, 28 and 21 per cent of firms in that order reported experience with bribery.
The submissions were made by the CBI in a short written reply while opposing the senior Aam Aadmi Party leader's bail plea, which it said was devoid of any merit and was an attempt to misuse the intricacies of law to thwart the progress of investigation in the case.
The Supreme Court said on Wednesday that money laundering is a "heinous" crime which not only affects the social and economic fabric of a nation but also tends to promote other serious offences like terrorism and drug trafficking.
"White-collar" crimes like this harm the country's economy and it can not ignore the statement of dismissed police officer and accused-turned-approver Sachin Waze in the case, the court said.
The stringent Prevention of Money Laundering Act, which was recently amended to remove certain shortcomings, will come into force from July 1.
Sri Lankan authorities on Wednesday deployed troops and military vehicles in the streets to ensure public security in the capital amidst nationwide protests over the government's failure to tackle the worst economic crisis.
'The purported claim that Israel can defeat Hamas and everything 'would go back to normal' is completely absurd.'
A Bill to change the PCA (1988) was introduced in the Rajya Sabha earlier this month.
Do you think financial or corporate crimes are on the rise in India? What would you say is the cause for these scams: lack of monitoring, corruption in high places, pure greed.? Tell us what you think.
'It is not just the religious minorities who are being intimidated or targeted.' 'You see an equal intimidation or effort of intimidation towards anyone who does not agree with the Hindutva interpretation of the Hindu faith.'
The 61-year-old MLA from Islampur seat of Maharashtra has been asked to depose before the federal agency in Mumbai on Friday, they said. Patil, a former minister of home and finance, is also the Maharashtra president of the NCP and is a seven-term legislator.
The Enforcement Directorate (ED) on Tuesday conducted searches at 44 places across the country in a money laundering investigation against Chinese smartphone manufacturing company Vivo and related firms, officials said. The searches are being carried out under sections of the Prevention of Money Laundering Act (PMLA) at locations in several states including in Delhi, Uttar Pradesh, Meghalaya, Maharashtra and others. The agency is conducting searches at 44 places related to Vivo and associated companies, they said.
Panjwar, 63 was involved in drug and weapons smuggling and was designated as a terrorist under the Unlawful Activities (Prevention) Act in July 2020.
Since arraignment under money laundering is a tougher offence, the CBDT hopes it will also overcome its dismal score sheet to prove satisfactorily to the courts that these cases were genuine ones of tax evasion.
An MP-MLA court in Prayagraj on Tuesday held gangster-politician Atiq Ahmed and two others guilty in the 2006 Umesh Pal kidnapping case.
'Elections in Madhya Pradesh have so far largely avoided freebies.' 'But this time both the Congress and BJP are making such announcements.'
'The politics that is now being played in Punjab doesn't contribute towards peace and tranquillity.'
The federal agency has filed a complaint under the criminal sections of the Prevention of Money Laundering Act (PMLA) after studying at least two police first information reports (FIRs) and subsequent charge sheets before a court.
The two countries also decided to expand trade and commercial ties holding that there are opportunities to exploit untapped economic potential in the two countries.
Prime Minister Narendra Modi announced a $1 million ad-hoc grant for the operational budget for the BIMSTEC secretariat and another $3 million assistance to revive the grouping's centre for weather and climate.
The D-Company has established a special unit to strike terror in people of India by attacking eminent personalities, including political leaders and businesspersons, the probe agency further claimed.
No process can offer a panacea for ethnic conflict, but there are times at which a legal process could work to defuse violence, asserts Supreme Court lawyer Devvrat.
Since 2014, India has left its moorings as a pluralist, modern, secular State because that is how the BJP wants it to be, notes Aakar Patel.
The police said ever since Chandrasherkar has been jailed, the prison had become a hub of illegal activities which he carried out with the help of jail officials.
'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 states recording the highest number of such deaths include Karnataka (14.3 per cent), Maharashtra (13.2 per cent), and Madhya Pradesh (11.3 per cent). Tamil Nadu (9.4 per cent) and Telangana (7.5 per cent) were the other two in the top five.
Even as lenders are getting ready to send more companies to bankruptcy courts from this week, several old cases are still awaiting resolution with no clarity on the completion of the process. This includes some high profile cases from the first list of 40 companies including Videocon Industries, Bhushan Power and Steel and Lavasa Corporation, sent by the Reserve Bank of India (RBI) for resolution. The delay is mainly due to litigation and late clarifications by various government agencies including the Reserve Bank of India and litigation by the Enforcement Directorate.
The agency's poor track record in convictions is the only light at the end of a rather long tunnel for the couple, observes Shyamal Majumdar.
There have been reports that the Rajapaksa brothers, which dominates the current Sri Lankan government, are not on the same page. Gota, it is said, is not on the same wave length as his elder brother, Prime Minister Mahinda Rajapaksa, the former president, or Finance Minister Basil Rajapaksa, who is seen to be the family's strategist.
The ED probe pertains to alleged financial irregularities in the redevelopment of Patra Chawl, a tenement, and related financial transactions involving his wife and associates.
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