The opposition Peoples Democratic Party (PDP) has described Dr Farooq Abdullah's defence of the beleaguered BCCI president N. Srinivasan 'as part of his cover up to escape punishment for alleged embezzlement in the Jammu and Kashmir Cricket Association'.
Jharkhand mining secretary Pooja Singhal, earlier arrested and remanded to the custody of the ED in a suspected money laundering case, was suspended by the Jharkhand government on Thursday, an official said.
Sources claimed that Singhal was "evasive" in her replies and hence was arrested.
In its judgment delivered at a packed room, the court sentenced Bo to life in prison on the bribery charges, 15 years for embezzlement and seven years for abuse of power
A former chief of Beijing's local taxation bureau was sentenced to death, with a two-year reprieve, for accepting bribes and embezzling up to 10 million yuan, as part of a crackdown on officials facing corruption charges.
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.
'With each ED, CBI raid on us the BJP thinks we will soften down.' 'But every such raid has strengthened the resolve of Shiv Sena leaders.'
He had already been granted bail in the Chaibasa Treasury Scam case in October 2020, and in the Deoghar Treasury Scam case in February 2020.
Norway on Wednesday gave a clean chit to Grameen Bank founder Muhammad Yunus, saying it found no evidence of donor fund embezzlement by his bank, removing a cloud that had hovered over the Nobel Laureate.
Disgraced former Communist Party leader Bo Xilai was Thursday charged with bribery, embezzlement and abuse of power by prosecutors in China's eastern Shandong Province.
An Egyptian court on Wednesday sentenced ousted president Hosni Mubarak to three years in prison after finding the 86-year-old leader guilty of embezzling public funds, three years after he was toppled following a popular uprising.
The indictment comes seven months after another Dhaka court issued an arrest warrant against the 69-year-old ex-chief justice who lives in the United States
Former Test cricket umpire Darrell Hair has been handed an 18-month good behaviour bond by an Australian court after pleading guilty to charges of embezzling and stealing money from a liquor store where he worked, local media reported on Tuesday.
Disgraced Chinese leader Bo Xilai on Saturday said he had not acted to stop the embezzlement of government funds by his wife, the first time he has admitted to any of the charges against him since his trial began two days ago.
"Whose money is this? From where did the money in these bank accounts have come," a bench headed by Justice Dipak Misra asked the counsel for Setalvad.
In a major blow to Nirav Modi, a bankruptcy court in the US has rejected a petition of the fugitive diamond merchant and two of his associates, seeking dismissal of fraud allegations against them by the trustee of three companies they previously owned indirectly.
Many in the US establishment must hope that the crisis would put the brakes on China's growing military might. Well, it ain't gonna happen, says T T Ram Mohan, who was appointed a member of the prime minister's economic advisory council on Wednesday, October 28, 2021.
The government may ask the Central Bureau of Investigation to probe the alleged transfer of funds by the Ford Foundation to activist Teesta Setalvad's Sabrang Communication and Publishing Pvt Limited.
The Delhi-based Centre for Environment and Food Security has filed an application in the Supreme Court seeking a thorough probe by the Central Bureau of Investigation into the Mahatma Gandhi National Rural Employment Guarantee Act scam in Bihar.
Bihar Rural Development Minister Nitish Mishra on Monday ordered an inquiry into the allegations that nearly 73 per cent of the funds allotted for implementation of the Mahatma Gandhi National Rural Employment Guarantee Act in 38 districts of Bihar, between 2006 and 2012, have been embezzled by authorities.
"Lok Janshakti Party spent the year 2012 in Jan Sampark Yatra. We worked on all issues, be it Rs. 82,000 crores large-scale corruption or 6,000 MNREGA scandal or people dying after consuming illicit liquor. We conducted the Jan Sampark Yatra on all these issues in 2012 and we announced that we would take out a yatra in 2013. It is after intense thinking that we named this yatra as Bihar Bachao yatra," Paswan told mediapersons here.
Granting a big relief to social activist Teesta Setalwad, her husband Javed Anand and slain Congress MP Ehsan Jafri's son Tanvir Jafri, the Gujarat High Court stayed their arrest here today, until June 19, in connection with the Gulbarg Society fund embezzlement case.
Eight persons, including a data entry operator in the the Central Bureau of Investigation pay and account office, arrested for allegedly embezzling over Rs 1.5 crore from the agency's bank account, have been remanded in judicial custody by a Delhi court for 14 days.
Nearly 73 per cent of the funds allotted for the implantation of the Mahatma Gandhi National Rural Employment Gurantee Act in 38 districts of Bihar between 2006 and 2012 have been embezzled by authorities. Bihar spent a total amount of Rs 8,189 crore during 6 years on NREGA, according to an audit conducted by the Delhi-based Centre for Environment and Food Security.
In a relief for Amar Singh, the Uttar Pradesh police has submitted a closure report in a district court in Kanpur in the three-year-old fraud and embezzlement case against the Rajya Sabha MP, citing lack of evidence.
The National Level Monitors have pointed out grave irregularities in the NREGA scheme in Uttar Pradesh.
At least 20 working committee members on Wednesday demanded that the Jammu and Kashmir Cricket Association president Farooq Abdullah dissolve the existing set-up of office bearers for the sake of an independent inquiry into the alleged embezzlement of funds.
Police in Malaysia are hunting golf's Asian Tour's former finance and human resources manager after he defrauded the organisation of a large sum of money and disappeared.
A former Indian-American executive of Koss Corporation was sentenced to 11 years in prison on Thursday for embezzling $34 million from the Milwaukee headphones maker.
A former top executive of Citigroup has been charged for allegedly siphoning off more than $19 million from the bank, the latest in a string of frauds that have come to light at the global banking giant.
The recent case of embezzlement by a Wipro insider, believe industry experts and analysts, would have little impact on the company's business or image. However, they simultaneously caution that the issue yet again highlights the need for better measures on corporate governance and fraud.
Shocked by reports of massive embezzlement in India in the use of millions of pounds granted as aid for education, Britain on Monday promised "zero tolerance to corruption" and launched an "immediate inquiry".
Pakistan Supreme Court's historic judgement declaring the 2007 emergency as "unconstitutional" has put President Asif Ali Zardari in a fix as part of its ruling the apex court has struck down the National Reconciliation Ordinance.
The Bangalore-based firm also announced changes in certain key positions in the controllership team, but did not reveal the amount of money involved in the fraud.
The body of 26-year-old Anup Kumar Agarwal was recovered from railway tracks between Byappanahalli and Krishnarajapuram stations on December 23, a few days after the company discovered the fraud and his alleged role in it.
In the same case, her son Tarique Rahman and four others have been sentenced to 10 years in jail.
An Indian-origin Thai banker will have to return to Thailand to face charges of embezzling USD 88 million (Rs 4,130 million) after the Supreme Court of Canada on Thursday refused to hear his appeal against an earlier extradition order.
An employee of the Prime Minister's Office has been arrested in connection with a case of alleged embezzlement.
A Chinese high court on Friday rejected the appeal of disgraced Communist Party leader Bo Xilai and upheld his life sentence for bribery, embezzlement and abuse of power in the country's biggest political scandal.
