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.
The Central Bureau of Investigation is likely to register an FIR against Abdul Razaq, nephew of a Lok Sabha member, and others in connection with the alleged swindling of public money in the purchase of tuna fish from a Lakshadweep cooperative by a Sri Lankan company represented by him, officials said on Tuesday.
'As Rana is not an Indian citizen, our leverage on the US system -- whether it's their judiciary or the executive -- is very limited in that sense.'
Hindenburg Research has alleged that Adani Group was "engaged in a brazen stock manipulation and accounting fraud", a charge the conglomerate described as malicious, unsubstantiated, one-sided, and having done with malafide intention to ruin its share-sale.
As per the information available, 205 first information reports have been lodged against the foreign Tablighi Jamaat members by 11 states and 2,765 such foreigners have been blacklisted so far, while visas of 2,679 foreigners (including 9 Overseas Citizen of India (OCI) card holders) have been cancelled, it said.
The officials said several "incriminating" documents have been seized during the searches, which reveal the "large-scale conversion" allegedly carried out by Umar Gautam and his organisations across India.
Thai police have arrested a fugitive Sikh terrorist who was involved in the assassination of former Punjab Chief Minister Beant Singh and several others in 1995.
These foreigners had attended the event in March, following which in April COVID-19 cases across the country spiked after hundreds of Tablighi Jamaat members, who had attended the religious congregation at Nizamuddin Markaz event, tested positive.
A provisional order under the Prevention of Money Laundering Act has been issued by the federal probe agency as part of which a total of 33 bank accounts of the two organisations have been attached.
The police personnel removed barricades from the entrance of the Pakistan Tehreek-e-Insaf (PTI) party chief's residence and removed all camps the PTI activists had erected to protect their leader.
India in the past rejected similar reports.
"I judge by the first day of their control over Kabul. The impressions are good. The situation in Kabul is better now (under Taliban) than it was under Ashraf Ghani," Russian Ambassador to Afghanistan Dmitry Zhirnov was quoted as saying by Moscow's Ekho Moskvy radio station on Monday.
Tharoor's remarks came after several BJP leaders accused the Congress of 'Pakistan parasti (worship)' and Union minister Jyoritiraditya Scindia asked if this was part of the 'Haath Se Haath Jodo Abhiyan' with enemies.
All the four were found guilty of "conspiracy" to wage war against the government of India and sentenced to 10 years rigorous imprisonment.
Congress leader Rahul Gandhi on Tuesday launched a no-holds-barred attack on the Bharatiya Janata Party saying he was not scared or intimidated by the saffron party's tactics of taking away his MP "tag" or his official residence as the more the ruling dispensation attacks him, the more he knows he is on the right path.
The CBI has booked seven suspected punters in connection with two separate cases related to alleged fixing of matches in IPL 2019 "based on inputs" from Pakistan, officials said on Saturday.
The NCB, through a special public prosecutor, had argued that there were "compelling reasons" to seek the extension.
In its recent report, the Financial Action Task Force has stated that 1,704 cases of money laundering are currently under probe in India. But the conviction rate in cases of money laundering, which are being probed by the task force, is a shocking three per cent.
'The government is using the Intelligence Bureau to go after NGOs.' 'It is not only the NDA, the UPA also didn't like NGOs.' 'NGOs predominantly work with the poor. So, when you cancel an NGO, the affected are the poor, the Dalits, the tribals, the street children and the marginalised.'
The organisation said it had been compelled to let go of staff in India and pause all its ongoing campaign and research work.
'If you speak against them, then you are going to invite a raid, and if not arrest, then something (else).'
On May 9, violence erupted in Sri Lanka after supporters of the 76-year-old former premier attacked peaceful anti-government protesters demanding his ouster over the country's worst economic crisis that led to acute shortages of staple food, fuel and power.
Earlier last month, for the first time ever, an anonymous hacker was served with a restraining order as a non-fungible token (NFT), reports Shivani Shinde.
The current question is about the BJP-ruled Centre, headed by Prime Minister Narendra Modi, like its predecessors, not arguing the Union of India's case effectively and continuously, whenever the matter came up in the past, if its case still was that Rajiv's killing was an 'act of terror', asks N Sathiya Moorthy.
A group of noted former civil servants on Wednesday sought withdrawal of the Supreme Court's "gratuitous observations" against social activist Teesta Sitalvad and others while upholding the SIT's clean chit to the then Gujarat Chief Minister Narendra Modi in the 2002 communal riots in the state.
For the first time in 20 years, Erdogan's political future is really on the line. He must now prove that he is a leader who can get things done and can mobilise effectively the machine of the state to provide relief to the affected people and help them rebuild their homes and their lives.
Braverman, 42, resigned from the cabinet of former prime minister Liz Truss last week, having breached the ministerial code by sending secure information from her private email.
Kharge said the BJP made all efforts to get him disqualified as he was speaking the truth.
Reversing the burden of evidence means that the principle of innocent until proven guilty does not apply. It is exactly the opposite: Guilty as charged, until you can convince the judges of the contrary, points out Shekhar Gupta.
An Action Hero's oil and water combination of genres doesn't always gel, gets overly far-fetched in places but still holds up on the strength of whimsy and surprise, notes Sukanya Verma. An Action Hero Review.
The ED had launched raids on Friday at multiple locations linked to Prasad's family members including that of his son and Bihar Deputy Chief Minister Tejashwi Yadav in Delhi.
The Centre on Friday opposed before the Delhi high court fully re-opening the Nizamuddin Markaz, where the Tablighi Jamaat congregation was held in March 2020 amid COVID-19 pandemic and has remained shut since then, stating that a few people may be allowed to offer prayers on the upcoming religious occasions.
Haridwar hate speech accused Jitendra Narayan Tyagi, who has been asked by the Supreme Court to surrender by September 2, said his life is in danger and he may be killed in a suicide attack.
The Chinese government on Saturday ordered the release of people detained over a host of coronavirus-related incidents, a day ahead of Beijing's plan to scrap its three-year-old stringently implemented zero-Covid policy.
Alt News co-founder Mohammed Zubair on Thursday moved the Supreme Court seeking the quashing of six FIR lodged against him in several districts of Uttar Pradesh.
Metropolitan Magistrate Dev Choudhary allowed foreigners from Djibouti, Mali, Kenya and 17 Sri Lankans to walk free on payment of a fine of Rs 5,000 each, said advocate Ashima Mandla, appearing for them.
Facing criticism from the Congress, the government on Thursday moved the Supreme Court seeking a review of its order for premature release of six convicts in the Rajiv Gandhi assassination case.
Salman Rushdie has been taken off a ventilator and was able to talk, a day after the Mumbai-born author was stabbed, in what US authorities said was a 'targeted, unprovoked, preplanned' attack.
Scores of PTI workers and policemen suffered injuries in the violent clashes. So far, no casualty has been reported.
The ED will soon file a complaint under the Prevention of Money Laundering Act (PMLA) to probe criminal proceeds of crime that were allegedly generated by Dubey, his associates and family members and if this money was subsequently used for creation of illegal movable and immovable properties.
