Former Union Minister P K Thungon was on Monday awarded a four-and-a-half year jail term by a Delhi court in connection with a case lodged in 1998 pertaining to misappropriation of Rs 2 crore released by the Centre.
The Congress president had on April 10 claimed that the apex court has made it "clear" that Prime Minister Narendra Modi "committed a theft".
Taking serious note of the rampant corruption in the implementation of the Mahatma Gandhi National Rural Employment Guarantee Act in Uttar Pradesh, the Lucknow bench of Allahabad high court on Friday ordered a Central Bureau of Investogation probe into the alleged large scale financial bungling brought to its notice through a public interest litigation, moved by local journalist Sachchidanand Gupta .
Barcelona president Sandro Rosell is to resign in the aftermath of a Spanish court's decision to investigate the signing of Brazilian striker Neymar last year, Spanish media reported on Thursday.
Appearing before a bench of Chief Justice N Venkata Ramana and Justice Pradeep Nandrajog, Additional Solicitor General Siddharth Luthra mentioned the plea saying, "There is an urgency in the matter and let it be heard today itself".
For the first time, PSU banks will have a non-executive chairman, giving operational responsibility to managing director and chief executive officer.
The federation's troubles have piled up in recent months, with some of its officials and senior coaches having found themselves embroiled in doping scandals.
Trouble began when the Speaker disallowed adjournment notices on the multi-crore rupee scam relating to misappropriation of Sarva Siksha Abhiyan funds amounting to 40 crore.
Satyanarayana, who has coached Rio Paralympics gold medallist Mariyappan Thangavelu, has been dropped from the list of this year's Dronacharya awardees due to a criminal case pending against him before the Chief Metropolitan Magistrate at Saket in Delhi.
Former Board of Control for Cricket in India chief Jagmohan Dalmiya was arrested on Wednesday on charges of misappropriation of over Rs 2.90 crore of the cricket body's funds, but immediately released on bail of Rs 25,000. Dalmiya was granted bail as per the provisions of a high court order, which granted him anticipatory bail over two years ago, his lawyer Satish Maneshinde said.
The PCA plan covers various suggestions or measures to recover non-performing assets (NPAs), reduce costs, boost capital, downsize risk-weighted assets, and improve profitability, among others. The LVB management is in the process of implementing all of these, said sources.
This and more from the happenings in the world of football.
He also accused the TMC government of politicising the administration and criminalising the police.
A court on Friday ordered that an FIR be filed against Board of Control for Cricket in India chief Sharad Pawar and three others for alleged misappropriation of funds during the fifth India-Australia ODI in Hyderabad.
The Supreme Court came down heavily on cash-rich BCCI on Tuesday, saying the cricket body was running like a "mutually beneficial society" and "practically corrupting" its members by not seeking any explanation on how crores of rupees allotted to them were being spent. While scrutinising the fund allocation and expenses of the Board of Control for Cricket in India (BCCI), the apex court also pulled it up for not giving funds to neglected states for promotion of cricket and said it has done nothing to encourage the game. It was also critical of the discrimination meted out to different states by BCCI and said the states begged for money from the board which follows a "no questions asked" policy as a method to buy votes in a certain manner. Lauding the work done by Justice R M Lodha-led committee for bringing out massive structural change in functioning of BCCI, the bench said "this is not an ordinary panel. It is a committee on which we have complete faith. It is committee of judges and its findings have to be relied upon. We cannot say that the findings are perverse."
Former BCCI president Jagmohan Dalmiya filed an appeal before the Calcutta high court challenging a city court order that rejected his earlier application.
A Kolkata court dismissed an application by the former BCCI seeking fresh copies of documents and extension of time to reply to the allegations of misappropriation of PILCOM funds against him.
Shah also rejected West Bengal Chief Minister Mamata Banerjee's charge that Prime Minister Narendra Modi's visit to a temple of the Matua community -- which is in sizeable number in the state -- during his trip to Bangladesh violated the poll code.
Sebi said Thapar-promoted and -related entities owed Rs 1,723.19 crore as receivables to the company, while connected parties owed another Rs 462.74 crore.
Jagmohan Dalmiya was banned for misappropriation of funds and would not be allowed to hold any position at the national or state level.
The fate of the former BCCI president, facing charges of misappropriation of funds, will be decided at the Special General Body meeting.
The Mumbai police was directed not to arrest former BCCI secretary S K Nair, and treasurers Kishore Rungta and Jyoti Bajpai in the misappropriation of funds case.
The BCCI had field an FIR against him for alleged misappropriation of funds during the 1996 World Cup
The former BCCI chief failed to turn up for the disciplinary committee meeting, vs-a-vis the misappropriation of funds case.
Keep your mobile number and e-mail updated. When you receive the weekly report on cash holdings, check to ensure there is no discrepancy between the amount you have kept with the broker and what the latter has reported, advises Sanjay Kumar Singh.
The activist and her husband have allegedly embezzled funds from riot victims.
The Congress and the Bharatiya Janata Party on Wednesday slammed Aam Aadmi Party leader Arvind Kejriwal after a video, showing anti-corruption crusader Anna Hazare purportedly expressing disappointment over the alleged misuse of funds collected during the Jan Lokpal Bill drive by the AAP, surfaced on Wednesday.
Former BCCI president has been accused of misappropriation of funds during the 1996 World Cup
Gandhi asked who in the Bharatiya Janata Party government had been held accountable for the security lapses that allowed the attack.
It is learnt that the former president sent a 29-page reply to the show cause notice issued to him for alleged misappropriation of the 1996 World Cup funds.
The case pertains to alleged financial irregularities in supply of high-altitude tents worth Rs 22 crore to intelligence agency Research and Analysis Wing during 2009-13.
Barcelona president Josep Bartomeu has reiterated the club's innocence of tax fraud in the signing of Neymar and insisted the operation to bring the Brazil forward to the Catalan capital was "completely legal".
The government has asked the Department of Company Affairs to make a detailed examination of allegations of economic frauds raised by Janata Party leader Subramanian Swamy against the Reliance group of industries.\n\n\n\n
He is the first former central minister to be apprehended by the agency in the case
Asserting that the Bharatiya Janata Party's stand on Article 370 is "very clear", Union Minister Jitendra Singh said the saffron party is going to polls in Jammu and Kashmir to get rid of "misgovernance and corruption" from the state.
Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech (JIL) projects, at least 20,000 homes are yet to be delivered. Supreme Court documents show that, till last March, Jaypee had issued 7,997 offers of possession to homebuyers while executing only 6,530 sub-lease deeds. These deeds offer homebuyers possession rights but, unlike registration, does not guarantee absolute ownership.
Broker Hiten Dalal and Canara Bank Mutual Fund's former General Manager B R Acharya have been sentence to one year imprisonment.
In the aftermath of the IPL spot-fixing scandal the BCCI may have been shrouded by controversy but with Jagmohan Dalmiya back as president the Indian cricket board is in "safe hands", former India captain Sourav Ganguly said.
Trinamool Congress Rajya Sabha MP Srinjoy Bose was on Friday arrested by the Central Bureau of Investigation after a marathon interrogation for five hours for his alleged involvement in the multi-crore Saradha chit fund scam.
Tamang, whose Sikkim Krantikari Morcha party won the state assembly elections held in April, took over as chief minister on May 27.
