'Fixing accountability in the Congress must be addressed on a war footing.' 'It is impossible for Sonia Gandhi to know each and every party worker, so she has to rely on advisors.' 'If they guide or misguide, the blame should go to them.'
Sebi has asked exchanges to appoint independent auditors to conduct forensic audit of these firms for verification, including their credentials/financials.
Speaking on the issue, political commentator and the author of 'Sonia A Biography', Rasheed Kidwai tells Rediff.com's Priyanka that the accusations don't reflect state craft and whether government funds were misused.
Critics say the crackdown is to muzzle dissent and Rijiju's actions could lead to less foreign aid for projects that fight child marriage, provide clean water in slums and feed pregnant women.
Kishore Biyani-led Future Retail Ltd (FRL) on Monday said it is "reviewing" the Delhi high court order that has rejected its plea to restrain Amazon from writing to regulatory authorities about the SIAC arbitral order against its asset sale under a Rs 24,713 crore deal with Reliance. FRL, in a regulatory filing, said it would submit a brief summary after consultation with legal advisors.
Senior BJP leader Vijender Gupta and city Police Commissioner have been asked by the Delhi high court to respond to a state government's plea against last week's order to lodge the FIR against Chief Minister Sheila Dikshit for alleged misuse of government funds in 2008.
Senior BCCI official Ratnakar Shetty, who was on Tuesday banned for five years by the Mumbai Cricket Association, slammed the decision saying it is a personal vendetta and vowed to challenge it legally.
The SC has stayed the arrest of social activist Teesta Setalvad and her husband till Friday.
Delhi police on Saturday told a court that prima facie "no cognizable offence" is made out against Chief Minister Sheila Dikshit in a complaint alleging misuse of Rs 22.56 crore in government funds for an advertisement campaign before the 2008 assembly polls.
The special NIA judge charged him with being a member of a terror group, raising funds for them as well as aiding an outfit.
Here is a quick guide to the course of action a credit card holder should take, to prevent/minimise misuse or losses
Third parties can be used to launder the proceeds of fraud schemes by criminals who gain illegal access to deposit accounts by recruiting them as 'money mules'
Supporting his senior colleague, Minister of State in Prime Minister's Offic V Narayanasamy on Wednesday said no action can be taken against Law Minister Salman Khurshid on the basis of allegations of misuse of funds by an NGO headed by him. Noting that the Uttar Pradesh government is conducting an inquiry into allegations against the Zakir Hussain Memorial Trust run by Khurshid and his wife, Narayanasamy said action will be taken on the basis of its report.
Enhanced scrutiny, modified auditors' report and new return form part of exercise to curb misuse of tax exemption.
In a bid to rebuild the image of her Labor party, Australian Prime Minister Julia Gillard on Sunday asked her two scandal-tainted Members of Parliament, including the speaker of the Parliament, to quit the party.
Amid concern over some NGOs misusing foreign aid, the United States is preparing an online searchable database containing a vetted list of transparent and accountable Indian non-government bodies so that philanthropists can safely donate funds to them.
A bench headed by Chief Justice Ranjan Gogoi allowed his plea as Solicitor General Tushar Mehta, appearing for CBI and the Enforcement Directorate, did not oppose.
Where Ms Chawla seems to have erred is that she has not been able to build the desired credibility required to champion the cause she took to court.
Sources said that the capital markets regulator Securities and Exchange Board of India has come across quite a few cases where GDR route could have been used for round-tripping of funds in the name of capital-raising activities of listed companies from abroad.
It is intriguing that the CBI has shown little interest in the most scandalous and biggest collective investment scheme ever, from the Sahara group, asserts Debashis Basu.
Opposition leaders have questioned the alleged misuse of public funds in organising the second global meet on Bihar. They have claimed that the event is merely an "image building" exercise for Chief Minister Nitish Kumar. The much-hyped meet -- which began on Friday and involves nearly 1,000 participants including NRIs -- aims to discuss ways to accelerate the momentum of high growth and development strategies for Bihar.
The Gujarat government, which sought a probe into the role of activist Teesta Setalvad's NGO, is now targeting her main funding source, the US-based NGO, Ford Foundation.
The United Progressive Alliance government has decided to make its intelligence agencies accountable to Parliament for scrutiny in the wake of several goof-ups, failures and misuse of the unlimited funds placed at their disposal.
'The NIA has shared with states concerned a list of 125 suspected activists who have close links with the JMB leadership'
As the government faces heat over corruption and black money, it is planning to bring a law to prevent the misuse of benami transactions, a key source of illicit funds.
Shah said not a single person will lose citizenship as a result of the Citizenship Amendment Act.
Forum directs firm to refund Rs 5,82,000, paid by Bhushan for a plot of land
He took up the causes of tribals marginalised after their lands has been taken over for dams, mines and townships, often without their consent.
'Polar vortex', 'skill set', 'foodie' and 'hack' among the other words that English language could do without in 2015 according to one list.
Kapil Mishra also dared the Delhi CM to an electoral fight.
The Samajwadi Party on Monday said it would provide free electricity to weavers and farmers and waive loans of kisans if it was voted to power in the Uttar Pradesh assembly election.
The Central Economic Intelligence Bureau, lead agency under Finance Ministry to gather and disseminate intelligence related to financial crimes, has traced illegal flow of money through Private Placement Programme, which involves offering of securities to select individuals or groups, upto 50 in numbers, official sources said.
The problem is with the broking model and what brokers are allowed to do, notes Debashis Basu.
There is no duplication in simultaneous investigations being done by CBI and Enforcement Directorate into the multi-crore Satyam Computer scam, Corporate Affairs Minister Salman Khurshid said on Thursday.
The Pakistan Supreme Court on Thursday ordered action against former prime minister Raja Parvez Ashraf and several others in the multi-billion rupee development funds case.
Jaitley said the cap on cash transactions is being reduced to curb generation of black money and the move to introduce electoral bonds is for cleansing the political funding
In an unprecedented move for the first time, President Pratibha Patil came to the aid of a whistleblower officer of the Haryana government, ordering it to drop a chargesheet filed against him.
What will be its impact on the banks's balance sheets? Since banks need to provide for 10 per cent of the loans restructured, they would need Rs 50,000 crores to Rs 80,000 crore for this purpose, notes Tamal Bandyopadhyay.
To clear doubts over EVMs, Chief Election Commissioner Nasim Zaidi will soon call all-party meet.
Taking matters to the streets, several devotees of Sathya Sai Baba held protests in Puttaparthi on Saturday over the alleged misuse of funds by members of the Shri Sathya Sai Central Trust. The protest took place in the wake of the police filing cases after Rs 35.5 lakh in cash was nabbed while being transported illegally from Baba's residence Yajur Mandi. The devotees who took to the streets stated that they have no faith in the trust any longer.
