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Tag: CBI

  • CBI arrests Delhi Construction Authority assistant director in bribery case 

    Via PTI

    NEW DELHI: The CBI has arrested an assistant director of the Delhi Construction Authority in a case of alleged bribery, officers mentioned Friday.

    The CBI has booked Pankaj Kumar on a criticism that he had allegedly demanded Rs 50,000 to transparent the document associated with issuance of conveyance deed of the valuables within the title of the complainant’s spouse.

    “It was once additional alleged that the accused agreed to simply accept a bribe of Rs.30,000 after negotiation,” CBI Spokesperson RC Joshi mentioned.

    After preliminary verification, the central probe company laid a entice and stuck Kumar red-handed accepting the bribe of Rs 30,000 from the complainant.

    “Searches had been carried out at 3 places within the premises of the accused. The arrested accused will probably be produced sooner than the Competent Court docket at Delhi,” Joshi mentioned.

  • CBI questions ex-NSE GOO Anand Subramanian over abuse of co-location facility by way of dealer

    Through PTI

    NEW DELHI: The CBI has wondered former Nationwide Inventory Trade staff working officer Anand Subramanian in reference to its ongoing probe into alleged irregularities by way of a inventory dealer, the ambit of which used to be expanded after a contemporary SEBI record cited “governance lapses” on the change, officers stated on Monday.

    The CBI wondered Subramanian all over the remaining 3 days in Chennai about his function on the change, how he landed as the crowd working officer on the NSE, but even so his affiliation with then MD and CEO Chitra Ramkrishna, they stated.

    A crew of CBI officers additionally visited the SEBI place of work in Mumbai just lately to gather positive paperwork, they added.

    The CBI had remaining week wondered former NSE CEOs Ramkrishna and Ravi Narain in reference to “recent information” which surfaced within the damning record launched by way of SEBI on February 11.

    The marketplace regulator stated Ramkrishna used to be urged by way of a yogi living within the Himalayan levels within the appointment of Subramanian because the change’s staff working officer and adviser to the managing director (MD).

    The Securities and Trade Board of India (SEBI) charged Ramkrishna and others with alleged governance lapses within the appointment of Subramanian as the manager strategic marketing consultant and his re-designation as staff working officer and adviser to the MD.

    SEBI has levied a high-quality of Rs 3 crore on Ramkrishna, Rs 2 crore each and every at the Nationwide Inventory Trade (NSE), Subramanian, and previous NSE MD and CEO Ravi Narain, and Rs 6 lakh on V R Narasimhan, who used to be the manager regulatory officer and compliance officer.

    The central probe company had booked inventory dealer Sanjay Gupta, proprietor and promoter of Delhi-based OPG Securities Pvt Ltd, in 2018 for allegedly making features by way of getting early get right of entry to to the inventory marketplace, the officers stated.

    The company used to be additionally probing unidentified officers of SEBI and the NSE, and different unknown individuals.

    “It used to be alleged that the landlord and promoter of stated personal corporate abused the server structure of NSE in conspiracy with unknown officers of NSE. It used to be additionally alleged that unknown officers of NSE, Mumbai had equipped unfair get right of entry to to stated corporate the use of the co-location facility all over the duration 2010-2012 that enabled it to login first to the change server of the inventory change that helped to get the knowledge sooner than every other dealer out there,” the CBI has alleged within the FIR.

    Narain used to be the MD and CEO of the change from April 1994 until March 2013. Thereafter, he used to be appointed as vice-chairman within the non-executive class at the NSE’s board from April 2013 and remained so until June 2017.

  • Fodder rip-off case: CBI court docket sentences RJD supremo Lalu Prasad Yadav to 5 years in jail

    Via PTI

    RANCHI: A distinct CBI court docket on Monday sentenced RJD supremo Lalu Prasad Yadav to 5 years in jail and slapped a nice of Rs 60 lakh on him in reference to the Rs 139 crore Doranda treasury embezzlement case of the fodder rip-off.

    The court docket pronounced the sentence after nearly listening to arguments at the quantum of sentence.

    After his conviction within the case on February 15, the in poor health 73-year outdated former Bihar leader minister was once lodged within the Birsa Munda Central Prison after which shifted to state-run Rajendra Institute of Scientific Sciences (RIMS) in Ranchi.

  • Himalayan baba would possibly allegedly be former finance minister Subramaniam, claims supply

    Specific Information Carrier

    The CBI and tax government have swooped down on former MD & CEO of the Nationwide Inventory Alternate Chitra Ramkrishna. However they have got now not been ready to seek out the identification of the so-called Himalayan Baba who ran India’s largest inventory trade from at the back of the scenes.

    Extremely positioned resources informed TNIE, that this individual isn’t any baba and has not anything to do with the Himalayas, and is in all probability from the opposite finish of the rustic. They are saying he’s a former bureaucrat from the Union finance ministry who used to be in control of the capital marketplace and is credited with shaping the profession of Ramkrishna and serving to her achieve the highest at NSE.

    Strongly rejecting the opportunity of NSE’s Leader Technique Consultant Anand Subramaniam being the Baba, resources stated there have been some other people, who sought after the problem to be closed via making Subramaniam – as the one who used to be speaking with Ramkrishna the use of the e-mail identity [email protected]. 

    If Subramaniam is established because the Baba, then the intense fee of leaking delicate knowledge to an intruder would depart. This idea of Subramaniam being the Baba could also be being driven via the NSE board.

    SEBI, then again, has rejected this idea after an in depth investigation into the topic. SEBI investigation has additionally established that the NSE board had complete wisdom of Ramkrishna sharing delicate NSE knowledge with an unknown one that used the e-mail identity [email protected].

    But, the board allowed her to renounce and go away and took no motion towards her. In reality, the board thanked her for her products and services. Resources stated participants of the board also are prone to be probed as investigation widens within the case.

    In keeping with resources, the identify of this bureaucrat who used the identification of a baba would pop out if the CBI dives deep into the case. “But when the case is investigated just like the co-location rip-off the place NSE used to be allowed to break out with a high-quality, then the baba will stay a thriller,” resources stated.

    They stated that NSE’s idea that Subramaniam used the pretend identity to be able to keep up a correspondence with Ramkrishna and search favours from her is intentionally deceptive. “The individual the use of [email protected] identity is understood intricate main points of NSE’s functioning and hierarchy. Subramanian used to be a newbie. He got here from outdoor. The authoritative tone of the messages from that mail identity is a transparent giveaway concerning the seniority and information of the consumer,” resources stated. They stated Subramaniam may by no means have informed Ramkrishna, “You’re going to vomit all this is required as all the time.” It is a communique from a tutor to a student. Now not from a junior to his senior, they stated.

    In a mail, the unknown baba tells Ramkrishna “don’t concern, the straw recognized when to be a capillary and when to not. Kanchan (Subramaniam) would be the straw and I can be the suction power for this and you’ll vomit all this is required as all the time.” Right here, the unknown individual is telling Ramkrishna to copy his strains in discussions with SEBI, PMO and finance ministry at the record of inventory exchanges.

    All the way through the process investigation within the co-location case, SEBI got here throughout sure documentary proof, which exhibit that the MD & CEO of NSE had shared sure inner confidential knowledge of NSE viz Organizational Construction, Dividend Situation, Monetary Effects, Human Assets Coverage and comparable Problems, Reaction to Regulator and so forth with an unknown individual via addressing her correspondence to an e mail identity [email protected] throughout the length 2014 to 2016.

    SEBI investigator Ananta Barua concluded, “I to find the allegation that Noticee no. 6 (Subramaniam) has exploited Noticee no. 1 (Ramkrishna) via developing any other identification prior to her within the type of the unknown individual having e mail identity [email protected] to steer her carry out her tasks consistent with his want, isn’t sustainable.”

    SEBI stated it used to be unlucky that the top of the main and biggest inventory trade in India has needed to hotel to such makes an attempt to justify her movements of sharing confidential knowledge bearing on NSE with an unknown individual. 

    “I to find that this can be a ordinary strive at concealing the identification of the unknown individual. Obviously, such an strive is unacceptable. I notice that the Noticee no. 1 (Ramkrishna) herself has mentioned that – “Who else and whom he would correspond with used to be outdoor my purview. He can have corresponded with any others too”, and subsequently, Noticee no. 1 has no assurance herself that the confidential knowledge she has handed directly to the unknown individual isn’t being handed directly to different individuals. Subsequently, I to find that this can be a evident breach of the laws and regulations in position that calls for key officers and staff to handle confidential knowledge of the corporate, which on this case being NSE, which is the main and biggest inventory trade in India,” the SEBI order stated.

  • CBI recordsdata respond to Indrani’s utility which claimed Sheena Bora was once alive

    By way of PTI

    MUMBAI: The CBI on Friday filed its respond to Indrani Mukerjea’s plea that claimed her daughter Sheena Bora, whom she is accused of killing, was once alive.

    The main points of the probe company’s reaction, which was once filed ahead of particular CBI pass judgement on A S Sayyad, on the other hand, weren’t referred to as but.

    Remaining month, Mukerjea had, in an 8-page utility, sought the court docket to direct the CBI, the prosecution, to record a sworn statement in keeping with her claims.

    She had additionally sought to grasp if the Central Bureau of Investigation had taken any steps to establish her claims that Sheena Bora was once alive.

    As in line with the appliance, in November closing yr, a girl presented herself as Asha Korke, a former police inspector who was once arrested in an extortion case additionally involving former Mumbai police commissioner Param Bir Singh, throughout the Byculla girls’s jail.

    Korke allegedly instructed Mukerjea that during June, 2021 she was once in Srinagar the place she met a girl who gave the impression of Sheena Bora.

    When Korke approached the lady and requested if she was once Sheena Bora, the lady answered within the affirmative, the appliance mentioned.

    Indrani Mukerjea was once arrested in 2015 at the side of her then husband Peter Mukerjea and her former husband Sanjeev Khanna in reference to the killing of her daughter Sheena Bora.

  • CBI face problems in financial institution fraud probes as a number of states withdraw ‘normal consent’

    Categorical Information Carrier

    NEW DELHI: With a number of states chickening out ‘normal consent’ (GC) to the CBI to probe circumstances, the premier investigative company is going through difficulties in cracking financial institution fraud circumstances. The CBI has no longer been ready to check in round 100 circumstances of top price financial institution frauds in previous few years on account of the withdrawal of consent via many states between 2015 and 2020, a commentary issued via the company published. 

    “As according to Phase 6 of Delhi Particular Police Established order Act, 1946, beneath which the CBI has been established, this company can transfer for a probe or accomplishing raids in reference to a registered case handiest with the consent of the state govt involved. So, when positive states withdrew their normal consent, the company may just no longer check in the ones circumstances,” stated a CBI supply.

    Jitendra Singh, Minister of State of Body of workers, Public Grievances and Pension, had lately admitted within the Rajya Sabha that the 8 states  – Mizoram, West Bengal, Chhattisgarh, Rajasthan, Maharashtra, Kerala, Jharkhand and Punjab – have withdrawn the Common Consent. Barring Mizoram, all are non-BJP dominated states.

    Mizoram  used to be the primary state to withdraw the ‘Common Consent’ for CBI probe in 2015  adopted via West Bengal in 2018, Chhattisgarh in 2019 and the remaining in 2020.

  • BJP MLAs elevate slogans in Rajasthan Meeting, call for probe in REET paper leak case

    Via PTI

    JAIPUR: Opposition BJP MLAs on Tuesday created uproar within the Rajasthan Meeting hard a CBI inquiry into the Rajasthan Eligibility Exam for Academics (REET)-2021 paper leak case.

    As quickly because the Space complaints started at 11 am, BJP MLAs raised slogans in fortify in their call for.

    Speaker C P Joshi requested them to not disrupt the Query Hour.

    Because the protest endured, the Speaker warned them of strict motion.

    “You make data of breaking parliamentary traditions. When you are going to come to energy, you are going to have an issue. Perceive the significance of the Query Hour and don’t disturb it. I will be able to need to take strict motion if you happen to compel me,” the speaker mentioned.

    Then again, the BJP MLAs endured shouting slogans.

    Amid the din, the Query Hour endured.

    The opposition BJP has been hard a CBI inquiry within the paper leak case.

    Ever because the Price range Consultation started on Wednesday closing week, the opposition has been developing uproar over the call for.

    Parliamentary Affairs Minister Shanti Dhariwal has already made it transparent that the state govt has no goal at hand over the case to the CBI.

    The Particular Operation Workforce of the Rajasthan Police is investigating the paper leak case.

    REET-2021 was once held in September closing yr.

    The state govt cancelled the extent two examination of the REET following the paper leak.

  • Fodder rip-off: CBI courtroom convicts Lalu in Rs 139 crore Doranda treasury case

    By means of PTI

    RANCHI: A distinct CBI courtroom on Tuesday convicted Rashtriya Janata Dal (RJD) supremo and previous Bihar leader minister Lalu Prasad within the Rs 139.5 crore Doranda treasury embezzlement case.

    The quantum of punishment shall be pronounced on February 18, a CBI suggest stated.

    The courtroom had on January 29 finished listening to arguments within the case and reserved its verdict.

    Prasad had previous been sentenced to fourteen years in prison in 4 different fodder rip-off circumstances.

    “Lalu Prasad has been convicted. The quantum of punishment shall be pronounced on February 18,” the CBI suggest stated.

  • Loans to ABG Shipyard became NPAs previous to 2014: Finance Minister

    By means of PTI

    NEW DELHI: Finance Minister Nirmala Sitharaman on Monday mentioned the ABG Shipyard account became NPA all through the erstwhile UPA regime and the banks took lesser than standard time to hit upon the fraud perpetrated by way of the delivery company.

    “On this specific case with that roughly a size, in reality, I will have to say to the credit score to the banks, they have got taken lesser than what’s in most cases a median time to hit upon these kind of frauds,” Finance Minister Nirmala Sitharaman mentioned at a press convention after addressing the contributors of the RBI board.

    The minister mentioned in most cases banks take 52-56 months of time to hit upon such circumstances and start up follow-up movements.

    The Central Bureau of Investigation (CBI) not too long ago booked ABG Shipyard Restricted, its former chairman and managing director Rishi Kamlesh Agarwal and others for allegedly dishonest a consortium of 2 dozen lenders led by way of ICICI Financial institution.

    ABG Shipyard fraud is far upper than the only perpetrated by way of Nirav Modi and his uncle Mehul Choksi, who allegedly cheated the Punjab Nationwide Financial institution (PNB) of round Rs 14,000 crore via issuance of fraudulent Letters of Enterprise (LoUs).

    Sitharaman additionally mentioned that all through the NDA regime, well being of banks has advanced and they’re in place to boost finances from the marketplace.

    Addressing the clicking convention, the RBI Governor Shaktikanta Das asserted that RBI’s inflation projections are rather powerful. He additional mentioned the momentum of inflation, from October 2021 onwards, is on a downward slope.

    “It is essentially the statistical causes the bottom impact which is main to raised inflation particularly in 3rd quarter, and the similar base impact will play in several tactics within the coming months,” Das mentioned.

  • Why paper leak circumstances in Uttar Pradesh, Madhya Pradesh, Haryana now not given to CBI: Rajasthan CM Ashok Gehlot asks BJP

    Via PTI

    JAIPUR: Condemning the behaviour of the BJP within the meeting at the REET factor, Rajasthan Leader Minister Ashok Gehlot on Thursday requested the Saffron birthday party why the paper leak circumstances in Uttar Pradesh, Madhya Pradesh and Haryana weren’t given to CBI.

    The BJP is tough the CBI inquiry within the REET paper leak and saved growing an uproar within the Space with the call for, resulting in 4 adjournments.

    Later, 4 BJP MLAs have been additionally suspended for the remainder of the consultation because of the ruckus on Thursday.

    The manager minister stated the BJP does now not need dialogue on construction problems, subsequently, growing disruption within the court cases of the Space.

    “BJP leaders of the state are repeatedly growing ruckus on the behest of somebody in order that well timed recruitments aren’t executed and they may be able to defame the federal government. On this means, as a substitute of discussing the problems of construction of the state, the opposition is doing the paintings of tarnishing the honour of the home,” he tweeted in Hindi.

    The CM stated the BJP instigated the youths and created one of those violent surroundings because of which the REET Stage 2 examination used to be cancelled by means of the federal government.

    “I stated previous additionally that arranged gangs of paper leaks, making pretend levels and so on., in several states are inflicting issues in all examinations, ” he stated.

    Gehlot stated papers of Police Constable examination in Haryana, SDO, RAEO and Nurse Recruitment Examination in Madhya Pradesh, Daroga Recruitment in UP, UPPCL Recruitment, UP Decrease Subordinate Examination, Village Building Officer, UP PAT, UP TET Examination, UGC NET 2021, NEET performed by means of Central Executive, SSC-CGL recruitment, basic accountability recruitment within the Military, and so on., have been leaked and the entire examinations needed to be cancelled.

    “Simplest the businesses there investigated the paper leaks within the states. BJP will have to inform why the investigation of some of these recruitments used to be now not given to CBI?” he requested.

    The REET examination used to be held in September closing yr.

    After it got here to mild that the paper used to be leaked, the BJP raised the call for for the CBI inquiry, whilst alleging the involvement of a few ministers and bureaucrats within the leak.

    Particular Operation Crew of Rajasthan Police is carrying out the investigation within the case and has arrested round 38 individuals up to now.

    The state govt just lately cancelled degree 2 of the REET -2021.

    Gehlot additionally stated that the Non-Secretariat Clerk examination proposed on thirteenth February in Gujarat has been postponed these days.

    He stated this examination has been postponed 3 times in 4 years.