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raised khalistan as it's primary issue: punjab cm on meeting with trudeau | india news

new delhi: punjab chief minister captain amarinder singh on wednesday said that he raised the issue of khalistan and its funding with canadian prime minister justin trudeau, reported news agency ani. "i raised issue of khalistan as it's the primary issue, as there is money coming in from various countries, including canada," ani quoted singh as saying after his meeting with trudeau. singh added that he had also taken up concerns of militancy with the canadian pm, and that the latter had promised to "look into" the matter. trudeau was accompanied to the meeting by canadian defence minister harjit sajjan, whom singh refused to meet last year, calling him a "khalistani sympathiser". the issue of the canadian government's apparent ambivalence on how to dea...





lal bahadur shastri: not just nirav modi, pnb had such customers too | india news

new delhi: nobody knows whether runaway diamantaire nirav modi will ever repay the multi-million rupee loan he took from punjab national bank (pnb). but a car loan of rs 5,000 taken by former prime minister lal bahadur shastri from the same bank was repaid after his sudden death by widow lalita from her pension, says son anil shastri. "we went to st columba's school on a tonga. once in a while we used the office car but my father did not allow us to use it regularly for any kind of private work. there was a demand at home that we should buy a car," recalls anil shastri, a senior congress politician. the year was 1964. following enquiries by vs venkatraman, the special assistant to the pm, the shastris came to know that a new fiat costs rs 12,000. the family only had rs...





gokulnath shetty says fraudulent lous issued since 2008: cbi

mumbai: the cbi has told the special court hearing the rs 11,300 crore diamond fraud that gokul nath shetty, a retired deputy manager of pnb who was arrested on friday, had told the agency that issuing of letters of undertaking (lous) had been going on since 2008. on tuesday, the court remanded three pnb officials who were arrested on monday - bechu tiwari (chief manager, in charge of forex department), yashwant joshi (scale ii manager of forex department) and prafful sawant (scale i officer, export) - to police custody until march 3. all five pnb officials arrested so far+ were part of the forex department at the bank's brady house branch at the time of the alleged fraud. after hearing submissions by the prosecution and the defence, special judge s r tamboli...





cases against nirav modi will collapse, asserts counsel

new delhi: a day after nirav modi virtually ruled out repaying the rs 11,300 crore he owes to punjab national bank, his counsel vijay aggarwal cocked a snook at the government and said the cases filed by the cbi and the ed against his client would "collapse" like those related to the 2g scam, bofors and aarushi. "they (pnb and investigating agencies) are just making noise. there is nothing that proves nirav modi is guilty," aggarwal said, arguing that his client was not guilty of "any wrongdoing". he also said that the diamond trader, who now features on the country's most-wanted list, had not fled. nirav was out as he had to run his "global operations", contended aggarwal, who had defended many of the accused in the 2g case, said. pnb fraud: i-t notice to si...





pnb fraud: how the rs 11,300 crore pnb fraud lasted seven years

new delhi/mumbai: the story of how the country's biggest bank fraud went undetected for seven years includes a rs 525 crore cyber-heist in neighboring bangladesh, penny-pinching lenders and a series of missed opportunities. in 2016, after revelations that hackers had infiltrated the bangladeshi central bank’s computer systems to siphon off money, its counterpart in india sensed a danger to its own banking system. the reserve bank of india (rbi) reminded all the country’s lenders to ensure their computer networks were properly integrated with swift, the global system used to transmit payment instructions in the bangladesh theft. pnb fraud case: cases against nirav modi will collapse, asserts counsela day after nirav modi virtually ruled out repaying the rs 11,300 ...





bank of baroda sat on rotomac case for 2 yrs, ran to cbi after nirav modi scam broke

new delhi: bank of baroda had classified the rs 435 crore loan given to vikram kothari-run rotomac global a "non-performing asset" in october 2015 and a "fraud" in december 2017 but it came running to investigating agencies on sunday after the nirav modi swindle came to light, fearing that kothari too might leave the country. the public sector bank remained silent for two years despite facing a rs 6,172 crore forex scam in 2015 in which money was sent from india to hong kong for import of cashewnuts, pulses and rice, but nothing was imported and the money was deposited in 59 accounts of several firms. in the bob forex scam, also called trade-based money laundering, first reported by toi in may 2015, the cbi had arrested the bank's assistant general manager s k ga...





supreme court stays all criminal proceedings against teenage actress priya varrier for 'wink song'

new delhi: the supreme court (sc) today stayed all criminal proceedings against teenage actress priya varrier for the 'wink song', which some muslim groups claim has offended sentiments. yesterday, the sc agreed to an urgent hearing of a petition by the teenage malayalam actress who's seeking the quashing of firs lodged against her and film makers for a song that some groups feel offends the religious sentiments of muslims. the actress who won millions of hearts with her expressions in the song 'manikya malaraya poovi' in the yet to be completed malayalam film ' oru adaar love ', moved the supreme court on monday. in the10 days since its release on social media platforms, the 'wink' song - as it's being called - notched ...





lal bahadur shastri: not just nirav modi, pnb had such customers too | india news

new delhi: nobody knows whether runaway diamantaire nirav modi will ever repay the multi-million rupee loan he took from punjab national bank (pnb). but a car loan of rs 5,000 taken by former prime minister lal bahadur shastri from the same bank was repaid after his sudden death by widow lalita from her pension, says son anil shastri. "we went to st columba's school on a tonga. once in a while we used the office car but my father did not allow us to use it regularly for any kind of private work. there was a demand at home that we should buy a car," recalls anil shastri, a senior congress politician. the year was 1964. following enquiries by vs venkatraman, the special assistant to the pm, the shastris came to know that a new fiat costs rs 12,000. the family only h...





pnb, rotomac scam: government takes rs 30,000 crore hit in state-run banks in 7 days

chennai: in the wake of the alleged pnb and rotomac frauds, the government has seen the value of its investments in public-sector banks drop by about rs 30,000 crore ($4.6 billion) in the last seven days. and since the announcement of the pnb bank fraud on february 13, between the government, insurance and mf industry, the value of their holdings in the banking sector fell by rs 44,000 crore ($6.8 billion), according to prime database. the value of government’s holdings in psu banks has fallen 10 per cent to rs 2.6 lakh crore from 2.9 lakh crore. the insurance industry, which has 5-15 per cent stake in more than 40 banks, saw the value of its holdings tanking 6 per cent to rs 1.14 lakh crore, while mfs saw the value of their banking portfolio shrink nearly 4 per...





pnb fraud: cbi arrests vipul ambani, 4 other nirav modi, mehul choksi executives

new delhi: the cbi on tuesday arrested five senior executives of companies belonging to billionaire nirav modi and his uncle mehul choksi - including vipul ambani, president (finance) of firestar international. kavita mankikar, authorised signatory of firestar, and kapil khandelwal, chief financial officer of nakshatra and gitanjali group, were among those arrested. vipul ambani is the son of natubhai ambani, the youngest brother of dhirubhai ambani. official sources said vipul, who handled firestar's financial operations, was in the know of things. he was questioned for two days before being arrested. the cbi also questioned an executive director rank officer of pnb, whose name it refused to divulge. the others arrested on tuesday were arjun patil, a senior exec...





nirav modi punjab bank case: people living in chawls, dingy room are directors in nakshatra, gili india | india news

a tiny, decrepit room overflowing with everyday articles in kalbadevi, a chawl in kalyan, an equally run-down accommodation in dahisar, and an old amboli flat with barely any amenities. these are the registered residential addresses of directors appointed by the companies of wanted billionaire jeweller mehul choksi. the directors are actually ordinary employees and small-time retail investors who were persuaded by gili india ltd, nakshatra brand ltd and gitanjali gems to serve as top company members on paper. forget being invited to a red-carpet event, where celebrities wore choksi and his famous nephew nirav modi's glittering creations, or benefitting from the rs 11,400-crore bank fraud allegedly committed by the two men, some of the so-called directors have barely ...





trump's election has cost his firm millions, says son donald trump jr | india news

the election of donald trump as us president has cost the trump organization - a real estate firm owned by the family - a huge sum of money in "opportunity cost", donald trump jr, the president's son, told toi. the company is not signing new deals with business partners outside the us as long as trump remains in office, to avoid potential ethical conflicts, explained trump jr. "we are refraining from doing new deals while my father is in office. we are turning down deals worth hundreds of millions of dollars around the world,'' said trump jr, on a week-long visit to india to launch projects that were signed before his father's election. the trump organization had built a huge pipeline of deals through intense marketing and negotiations over a decade. but they ...





pnb fraud: cases against nirav modi will collapse, asserts counsel | india news

new delhi: a day after nirav modi virtually ruled out repaying the rs 11,300 crore he owes to punjab national bank, his counsel vijay aggarwal cocked a snook at the government and said the cases filed by the cbi and the ed against his client would "collapse" like those related to the 2g scam, bofors and aarushi. "they (pnb and investigating agencies) are just making noise. there is nothing that proves nirav modi is guilty," aggarwal said, arguing that his client was not guilty of "any wrongdoing". he also said that the diamond trader, who now features on the country's most-wanted list, had not fled. nirav was out as he had to run his "global operations", contended aggarwal, who had defended many of the accused in the 2g case, said. asserting that pnb could no...





they hit me with fists, i was in a state of shock: delhi cs anshu prakash | delhi news

new delhi: the police has filed an fir in connection with the alleged assault on chief secretary anshu prakash at chief minister arvind kejriwal’s residence on monday night. the police have invoked stringent ipc sections, including hatching a criminal conspiracy and assaulting and threatening a public servant. the fir has been filed against okhla mla amanatuallah khan and “others”. delhi police chief spokesperson dependra pathak said the fir was filed on the basis of a complaint given by prakash in the north district. “a cognizable offence was made out and a case was registered,” he said. apart from section 120 b that pertains to criminal conspiracy, the police have invoked sections related to wrongful confinement (342), attacking and obstructing a public s...





attack on delhi chief secretary: police arrest aap mla prakash jarwal | delhi news

new delhi: police on tuesday arrested aap mla prakash jarwal for allegedly assaulting delhi chief secretary anshu prakash at cm arvind kejriwal's residence last night. sources told toi that jarwal was sitting on the left of the chief secretary while mla amanatullah khan was on the other side. the two had started the attack by raining blows on prakash, police said. earlier in the day, prakash had filed an fir against aap mla amanatullah khan and others for manhandling him. a case was registered under relevant sections of the indian penal code (ipc) pertaining to wrongful restraint, criminal intimidation, causing hurt, criminal conspiracy, insult and obstructing a public servant from discharging his duty, special commissioner and chief spokesperson of the delhi police,...





pnb fraud: cbi arrests vipul ambani, 4 other nirav modi, mehul choksi executives

new delhi: the cbi on tuesday arrested five senior executives of companies belonging to billionaire nirav modi and his uncle mehul choksi - including vipul ambani, president (finance) of firestar international. kavita mankikar, authorised signatory of firestar, and kapil khandelwal, chief financial officer of nakshatra and gitanjali group, were among those arrested. vipul ambani is the son of natubhai ambani, the youngest brother of dhirubhai ambani. official sources said vipul, who handled firestar's financial operations, was in the know of things. he was questioned for two days before being arrested. the cbi also questioned an executive director rank officer of pnb, whose name it refused to divulge. the others arrested on tuesday were arjun patil, a senior exec...





aap versus delhi bureaucracy: top developments | delhi news

* the ruling aam aadmi party and delhi's bureaucracy were locked in confrontation on tuesday, after chief secretary anshu prakash alleged that he was assaulted by aap functionaries at cm arvind kejriwal's residence. * prakash claims that he was "held by collar"+ and abused in the presence of kejriwal and deputy chief minister manish sisodia during a meeting monday night. * vehemently denying the chief secretary's charge as "bizarre and baseless",+ the aap gave an alternative version of events: prasad had been called for a discussion on ration distribution, but he verbally abused aap mlas before walking out on the meeting. * the incident thereafter snowballed, with the aap pitted on one side and the bureaucracy and opposition parties on the o...





delhi chief secretary anshu prakash

new delhi: delhi chief secretary anshu prakash on tuesday alleged that an assault+ on him at chief minister arvind kejriwal's residence was "premeditated" and a "conspiracy" of all those who were present at a meeting there on monday night. in his complaint to dcp (north) seeking action, prakash alleged that kejriwal, his deputy manish sisodia and 11 aap mlas were present at the meeting at the cm's residence where they threatened to "implicate" him in false cases if the issue of releasing tv advertisements about the aap government's achievements was not resolved. he also claimed he was roughed up. the chief minister's office has brushed off the chief secretary's allegations+ as "bizarre and baseless", while sisodia has said they are "b...





attack on delhi chief secretary: police arrest aap mla prakash jarwal | delhi news

new delhi: police on tuesday arrested aap mla prakash jarwal for allegedly assaulting delhi chief secretary anshu prakash at cm arvind kejriwal's residence last night. sources told toi that jarwal was sitting on the left of the chief secretary while mla amanatullah khan was on the other side. the two had started the attack by reigning blows on prakash, police said. earlier in the day, prakash had filed an fir against aap mla amanatullah khan and others for manhandling him. a case was registered under relevant sections of the indian penal code (ipc) pertaining to wrongful restraint, criminal intimidation, causing hurt, criminal conspiracy, insult and obstructing a public servant from discharging his duty, special commissioner and chief spokesperson of the delhi police...





arun jaitley: 'introspect': arun jaitley's advice to auditors over pnb scam

new delhi: finance minister arun jaitley on tuesday hit out at auditors and supervisory agencies, asking them to "introspect" to avoid cases of financial wrongdoing, reported ani. "also what were auditors doing? if both internal and external auditors have looked the other way and failed to detect, then i think ca professionals must introspect. supervisory agencies also must introspect (about) what are the additional mechanisms they have to put in place," ani quoted jaitley as saying. his comment comes in the backdrop of the rs 11,300 crore punjab national bank (pnb) fraud+ , for which nirav modi, his wife, brother, and business partner mehul choksi were booked by the cbi on january 31. the minister - without naming the pnb fraud - echoed remarks from b...