The Supreme Court on Tuesday questioned the CBI over not objecting to repeated extension of the two-week interim bail granted in January this year to former ICICI Bank CEO-cum-MD Chanda Kochhar and her businessman husband Deepak Kochhar in a loan fraud case. A bench of Justices Aniruddha Bose and Bela M Trivedi asked Additional Solicitor General SV Raju, appearing for the CBI, as to why the probe agency did not resist repeated extension of interim bail granted to them by the Bombay high court on January 9. "This order is of January 9 and interim bail was granted for only two weeks. Why have you not resisted? Why are you permitting it to continue for such a long period?
An Enforcement Directorate officer was arrested for demanding and accepting a bribe of Rs 20 lakh from a a government employee, the Directorate of Vigilance and Anti-Corruption (DVAC), said on Friday.
The high court, which perused the material collected by the investigating agencies, said Kavitha was prima facie involved in the payment of kickbacks in various processes and activities relating to proceeds of crime and in the commission of the offence of money laundering.
Allowing the petition in part, the HC set aside the order of the sessions court and directed the LXXXI additional city civil and sessions judge court to hear afresh the complaint.
The incident came to light on Monday after a Gopal Khari, who stated that he is associated with the AAP as an active worker since 2014, approached the ACB with the complaint, according to an official statement on Wednesday.
The matter, which was scheduled to come up for a hearing on Monday, was adjourned for Tuesday since the judge was on leave.
Overall this is the eighth charge sheet filed by the ED in this case in which it has arrested 18 people so far. Last week, a similar complaint was filed by the agency against BRS leader and former Telangana chief minister Chandrashekar Rao's daughter K Kavitha and four others.
Besides, public servants -- politicians, bureaucrats and bankers among others -- have also been given a 'shield' from prosecution in the legislation.
A bench of justices S Abdul Nazeer and V Ramasubramanian said the Kerala Police Act was the successor legislation of certain police enactments of the colonial era which aimed at scuttling the democratic aspirations of the indigenous population.
Stakeholders have shown a distinct lack of seriousness in bringing a law against corruption in Indian sports, a reason why someone like tainted former pacer S Sreesanth got away despite strong evidence of spot-fixing against him in the 2013 IPL, former Delhi Police Commissioner Neeraj Kumar has said.
A bench of Justices Aniruddha Bose and Sanjay Karol agreed to list the matter for hearing on May 26, after senior advocate Abhishek Singhvi, appearing for Jain, sought urgent listing of the plea on health grounds.
The CBI recently filed an FIR against Wankhede for allegedly seeking Rs 25 crore bribe for not framing the SRK's son Aryan Khan in the drugs-on-cruise case.
Three persons who allegedly tried to 'poach' four TRS legislators have been arrested and a local court in Hyderabad has remanded them to judicial custody.
Admitting the Central Bureau of Investigation appeal, the high court said there are "some contradictions" in the trial court's judgment which require "deeper examination".
The Enforcement Directorate, which has been investigating the Mahadev app-linked money laundering case for more than a year, alleged in the past that its probe has shown involvement of various high-ranking politicians and bureaucrats from Chhattisgarh, where the two main promoters of the app hail from.
The top court had come down heavily on the ED and said it is not expected to be "vindictive" in its conduct and must act with utmost probity and fairness.
Tamil Nadu Governor R N Ravi on Thursday dismissed minister V Senthil Balaji from the council of ministers days after his arrest by the Enforcement Directorate in a cash-for-jobs scam, a move that Tamil Nadu Chief Minister M K Stalin said the government would challenge legally.
The Enforcement Directorate (ED) is expected to press money laundering charges against its two officers and some private individuals who were recently booked by the CBI in a bribery case linked to an accused arrested in the alleged Delhi liquor policy scam, official sources said Tuesday.
Rajya Sabha MP Kapil Sibal on Friday described the electoral bonds scheme as a 'very big scam' and demanded that a special investigation team (SIT) be set up with court-appointed officials to probe the alleged quid pro quo and wrongdoings under it.
The Delhi high court on Thursday granted bail to former Mumbai police commissioner Sanjay Pandey in connection with a money-laundering case related to alleged illegal phone-tapping and snooping of National Stock Exchange (NSE) employees.
Telugu Desam Party chief Chandrababu Naidu was arrested in Nandyala, Andhra Pradesh on Saturday morning in a case of alleged corruption, the Andhra Pradesh Police said.
Prasad underwent a kidney transplant in Singapore last year and returned to India a month ago. In view of the high risk of infections, the mass leader has chosen to stay away from his home state and convalesce at the residence of Bharti, who is a Rajya Sabha member.
A bench of justices Sanjiv Khanna and Dipankar Datta referred to a larger bench, preferably of five judges, for in-depth consideration of three questions on the aspect of "need and necessity of arrest" under the Prevention of Money Laundering Act (PMLA).
Bribery can never be a subject matter of immunity and parliamentary privilege is not meant to place a lawmaker above the law, the Centre on Thursday told the Supreme Court which reserved its verdict on reconsideration of its judgment of 1998 when it held that MPs and MLAs enjoy immunity from prosecution for taking bribe to make a speech or cast a vote in legislature.
The Supreme Court on Wednesday said it will not restrain the trial court from dealing with a plea seeking police custody of former Andhra Pradesh chief minister and TDP leader N Chandrababu Naidu as it announced a new bench will hear his petition for quashing the FIR in the alleged Rs 371 crore scam in the state's Skill Development Corporation on October 3.
The raids continued for nearly seven hours during which the ED sleuths seized a number of documents.
A division bench of Justices A S Gadkari and SG Dige said the media reports have said the information is from Central Bureau of Investigation sources.
BJP alleged that it was an attempt by a "grand alliance of most corrupt parties" to ensure that its "corruption" was not exposed.
In a letter to the Mysuru Urban Development Authority commissioner she said she was allotted the 14 alternative sites in the third and fourth phase of Vijayanagar in Mysuru against the usage of her three acres and 16 Guntas of land in Kesare village under Kasaba Hobli in Mysuru.
A special court here on Thursday rejected Videocon founder Venugopal Dhoot's plea which claimed that his arrest by the Central Bureau of Investigation in the alleged loan fraud involving former ICICI Bank CEO and MD Chanda Kochhar was illegal. The CBI court also rejected applications of Chanda Kochhar and her husband Deepak Kochhar for home food, beds, mattresses and chairs. The court directed jail authorities to provide them diet food in consultation with the medical officer.
The Reserve Bank of India (RBI) has updated Know Your Customer (KYC) norms for politically exposed persons (PEPs) who transact with regulated entities (REs), seeking to comply with the recommendations of intergovernmental organisation Financial Action Task Force (FATF). PEPs are individuals entrusted with prominent public functions by a foreign country, including the heads of states/governments, senior politicians, senior government or judicial or military officers, senior executives of state-owned corporations and important political party officials, said the RBI. This change is expected to provide more clarity to undertake Customer Due Diligence (CDD), said the RBI in a communication to REs.
'If Kejriwal is adamant on running his government from jail, then his government could be dismissed and Article 356 imposed on Delhi, in other words President's rule in Delhi.'
The ranking has improved marginally from the survey findings in 2015 when India was at the sixth position
'However, to establish a quid pro quo, one can potentially see several things, like whether they got any benefits from the party that they gave money to. That is something that people (of India) will gauge. But to finally establish that there was money paid as consideration, it would require an investigation, a proper investigation, to be able to come up with such conclusions.'
The CBI on Monday arrested Videocon group founder Venugopal Dhoot in connection with the ICICI Bank loan fraud case, officials said. The 71-year-old Dhoot was arrested from Mumbai, nearly three days after former CEO and MD of the ICICI Bank Chanda Kochhar and her husband Deepak Kochhar were taken into custody by the CBI, they said.
'Unlike in the sporting arena, where sports federations moved from partisan to impartial referees, in Indian democracy's biggest festival, it appears we are moving backward from unbiased and objective to one-sided and partisan,' observes Nilanjan Mukhopadhyay.
The central agency booked Wankhede and four others on May 11 for alleged criminal conspiracy and threat of extortion, besides under provisions pertaining to bribery under the Prevention of Corruption Act on a complaint by the NCB.
The Central Bureau of Investigation on Monday told a special court here that former ICICI Bank CEO and MD Chanda Kochhar misappropriated the lender's funds for personal use. The probe agency, represented by special public prosecutor A Limosin, made this argument while urging the special court to take cognizance of the chargesheet filed against Chanda Kochhar, her husband Deepak Kochhar and others in a case pertaining to cheating and irregularities in sanctioning of loans to Videocon Group firms. Chanda Kochhar was MD and CEO of ICICI Bank between May 2009 and January 2019 in which capacity she was entrusted with the Bank's funds, the CBI told court.
A plea has been filed in the Supreme Court seeking investigation under the supervision of a sitting apex court judge against the Adani group of companies in light of the allegations made by the US-based Hindenburg Research.
The Delhi battlefield may not be a cakewalk for the Rhodes Scholar.
