The CBI has produced nearly half a dozen witnesses to substantiate its charges against former UP CM Kalyan Singh for his alleged involvement in the Babri Masjid demolition case.
The Bihar government had, last week, informed the SC that as per the agreement between state and rice millers, the latter were to furnish bank guarantees or pledge unencumbered immovable properties in lieu of paddy procurement.
The Enforcement Directorate (ED), which is probing alleged money-laundering by the promoters of the now-bankrupt company, has recorded findings of BDO, PricewaterhouseCoopers and Duff & Phelps in its investigation report. ET has seen the report. The National Company Law Tribunal initiated bankruptcy proceedings against BPSL on June 22, 2017.
Singh brothers undertook that they will "indemnify" the Dhillon family in the event of a liability.
Shivinder calls brother ‘Bhasmasur’, seeks forensic audit of RHC; Malvinder says sibling diverted funds to RSSB.
FIPB unit ignored irregularities in INX Media case but red-flagged similar irregularities in half a dozen cases, said Agencies. The Unit was in "apparent haste" to process INX Media application thereby making fundamental calculation mistakes.
CBI stated that its investigation is not confined only to the INX Media case. A shell company, M/s Advantage Strategic Consulting Private Limited owned by Karti Chidambaram received unknown sources of funding.
BPSL had devised a peculiar modus operandi to siphon funds obtained as loans from various banks/financial institutions, said the Enforcement Directorate. BPSL chairman deposed in his statement that Rs 3,330 cr was routed to accounts of four companies
The CBI charged former finance minister P Chidambaram, his son Karti and 12 others in the INX Media case. A local court will take up the case on Monday to decide whether to take cognisance of the CBI's charge sheet against Chidambaram.
The development assumes importance since the Central Bureau of Investigation (CBI) is all set to file its supplementary charge sheet in the case.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon