New Delhi, June 3 (IANS) The Central Vigilance Commission (CVC) has directed all government organisations to frame norms for their employees to ensure that a mandatory cooling off period is followed by them post retirement before accepting any offer from the private sector.
In a letter to the secretaries of all ministries, CEOs of PSUs, banks and insurance companies, the CVC said that the applicable service or conduct rules should be amended to ensure that if required, appropriate action can also be initiated in case of violation of these rules by retired employees.
The CVC said that taking up a post-retirement acceptance of an offer by retired government officers without observing mandatory cooling off constitutes a serious misconduct on their part.
The CVC has also formulated a defined procedure for engaging a retired government official on contractual/consultancy basis by government organisations.
In respect of retired officers belonging to All India Services, Group A or equivalent posts, before offering them a contractual basis employment, vigilance clearance must be taken from the previous employer from where they have retired.
In case no information is received from an erstwhile employer for 21 days, "deemed vigilance clearance" will be considered for the concerned person.
If later on it is found that the person was involved in a vigilance related matter, the erstwhile employer organisation would be held responsible for all consequential actions.
"The procedure for engaging retired government officers should be transparent with equal opportunity to all those who are willing to offer their services. The post should be advertised at least on the website of the organisation concerned at an appropriate place and should be available in the public domain," the CVC said.
The United Kingdom holds the distinction of being the dubious money laundering capital of the world. India’s financial fraudsters find safe haven and sanctuary to park the looted booty in the British little Island as the corrupt British regime continues breaking International laws by helping fraudsters to salvage their sagging economy
The Indian banks, their overseas branches, corrupt employees, the greedy NRI lawyers, NRI Indian think tanks and many uneducated corrupt politicians in India are to blame for the decline and destruction of present-day India. India is the only country in the East that rejoices and feels proud to have a “Special relationship” with the British. It is extremely sad that the real freedom fighters of India who freed India from the murderous, raping, robbing British thieves died for the present Indian traitors who steal resources from their own people to give the loot to British Western warmongers. Today’s India should not be begging for Oxygen tankers bottles, medicinal supplies, hospital equipment from the West. There should be enough money in the present Indian government’s budget to have already built top class hospitals, medical equipment, infrastructure and educational institutes. But how everything got destroyed?
The Fugitive Billionaire Vijay Mallya of the Kingfisher Airlines fame remains on bail in Britain until the UK Home Secretary Priti Patel signs off on the order for him to be extradited to India to face charges of fraud and money laundering. Vijay Mallya has applied to UK Home Secretary Priti Patel for "another route" to be able to stay in the UK, the liquor tycoon's barrister representing him in bankruptcy proceedings in the High Court of London confirmed. The UK Home Office has so far only confirmed on background that a confidential legal process remains ongoing before the extradition order can be executed. This had raised widespread speculation that Vijay Mallya had sought asylum in the UK, details of which are neither confirmed nor denied by the Home Office in Britain while an application is pending.
"The extradition was upheld but he (Vijay Mallya) is still here because as you know there is another route for him to apply to the Secretary of State for status," said Vijay Mallya's barrister Philip Marshall, when specifically asked by Deputy Insolvency and Companies Court Judge Nigel Barnett about the status of the extradition proceedings. "He would need to argue much stronger grounds. There are specific rules that detail when asylum is a bar to extradition, it is clear that claiming asylum after all appeals have been exhausted is unlikely to be considered a valid claim to asylum protection," explains Toby Cadman, co-founder of Guernica 37 International Justice Chambers and a UK-based extradition specialist. The remote hearing in the commercial division of the High Court in London was to establish whether the court can sanction substantial sums towards Vijay Mallya's living expenses and legal fees from the sale of a French luxury property Le Grand Jardin last year.
The Present UK Home Minister Priti Patel certainly plays the part well of a calm law abiding British NRI willing to benefit India and Modi’s BJP party because of her Indian cultural roots. Recently in Feb 2021 she has done one big positive thing for India: She has approved the Extradition of The Jeweller, Nirav Modi who is accused of bank fraud in India. Nirav Modi is being investigated by India’s Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) for money laundering, said to be in the region of $2 billion and involving loans from Punjab National Bank (PNB). On February 25, Westminister Magistrates’ Court said there was prima facie evidence against Modi, and that there was no evidence that the jeweller would not get justice if he was extradited, paving way for his extradition. The court said it was satisfied there was enough evidence against Modi for his conviction. “I do not accept that Nirav Modi was involved in legitimate business. I find no genuine transactions and believe there is a process of dishonesty,” said Westminster Magistrates’ Court judge Samuel Goozee. The judge said there were links between Modi and conspirators, including PNB officials and top ruling elites in India.
Many in the present Indian Government and many Indian banks seeking justice are being made fools of by The UK Government’s Home Office and UK Legal system. The UK Government trumpets their Human rights laws and how fair British justice is? What about human rights and fair justice for Julian Assange? Why is he not out on bail and having the right legal teams to represent him in his extradition to the USA? What makes Vijay Mallya so special to the UK Government, UK home Office and Home Minister Priti Patel? Who in Indian politics is promising the UK Government ministers and benefitting from this Vijay Mallya Extradition delays?
The UK has over the years become the most preferred tax haven destination for economic offenders like Vijay Mallya, Nirav Modi, Lalit Modi, Nadeem, Robert Vadra, Sanjay Bhandari just to name a few. Before being taken into custody by the ED, YES bank founder Rana Kapoor was camping in London. Had an intricate entrapment by Indian agencies not succeeded in luring him back into India, he would have joined the list of fugitive financial fraudsters who are living the high life in the United Kingdom. Among the hundreds of entities that the Sandesara brothers of the Stearling Biotech group incorporated many were in the UK and British Virgin Island among other places. Barring Kapoor, all these businessmen facing charges are subjects of extradition effort by the Indian Government to return to India to face charges of financial crimes.
The Hinduja Brothers, one of India’s richest families and their Hinduja Group of Companies remains the most preferred Indian family aided and promoted by the various British governments in the past are facing major legal problems in Geneva, Switzerland in relation to a charge of forging a document at a bank. The Swiss prosecutor believed that there were grounds to proceed for prosecution. Ajay Hinduja has denied any wrongdoing and the Geneva prosecutor’s office confirmed that he had challenged what the Swiss term in French an Ordonnance Penale or criminal order and the matter are due to be heard in court, but has been delayed due to Covid. The Hinduja Group’s companies are controlled by holding companies situated in tax havens like Mauritius and Geneva. The elder three Hinduja’s names cropped up in the Bofors scam as the main middlemen. The four brothers Srichand P Hinduja, Gopichand Hinduja, Prakash P Hinduja and Ashok P Hinduja are for the past two years bickering over the transferring of shares to the next generation. Now the family tussles have led to the youngest Ashok P Hinduja and Prakash Hinduja’s son Ajay facing legal troubles in Mauritius and Geneva court. According to lawyers, the eldest brothers Srichand and Gopichand are unhappy with the younger brothers handling of the affairs of the companies across the world. Aikant Bhatti, a minority shareholder at the Chennai-based Ashok Leyland and at the Hinduja Global Solutions where Ashok P Hinduja is the Chair Emeritus, claims that billions of rupees in company funds were used to benefit promoters and records of a recent AGM were false and did not include objections raised by shareholders. Bhatti has already filed a complaint to the Securities and Exchange Board of India (SEBI) to intervene in the illegalities in the Hinduja Group of Companies.
There will also be much more in-depth reporting on perhaps India’s biggest financial scamster Anil Ambani’s Reliance Group - Reliance Communication, Reliance Telecom and Reliance Infratel. The total amount that the three firms of Anil Ambani owe to banks is over RS 49,000 crore. The Swiss authorities in recently agreed to disclose full details to the India’s Finance Ministry’s Foreign Tax and Research Division of the personal bank accounts of Anil Ambani, his wife Tina Ambani, their two children Jai Anmol and Jai Anshul Ambani. A few months ago, Anil Ambani deposed in a London, UK Court that he has no money in a case filed by the Chinese banking consortium. The London, UK Court had asked the Anil Ambani to pay 770 million dollars to Chinese banks for non-payment of loans 14 billion dollars. It is learned that after the London court’s order, Anil Ambani has limited his foreign travels fearing Chinese banks move on issuing red alerts in foreign airports through Interpol. The Chinese are ruthless in business, the Chinese banking consortium will get their money back as unlike corrupt UK system, the rest of the world is quite transparent.
UK - The Money Laundering Capital of the World. Since the UK is often cited as “the money laundering capital of the world,” with an estimated £90bn laundered through the City of London every year, according to figures from the UK’s National Crime Agency. London has not become the global capital of money laundering by accident. Money launderers and those financing terrorist activities have two main requirements. The first is a place crowded with financial transactions, in which their own will be easy to lose. The second is a place where those who enable the setting up of companies and opening of bank accounts are prepared to turn a blind eye to who is the owner of a business. Secrecy over the beneficial ownership of companies is the main conduit of money laundering. Contrary to what you might think, it is more than three times harder to obtain an untraceable shell company in tax havens than in rich, developed countries.
At the moment, the UK is a member of two organizations, the OECD and the European Union, which routinely publishes blacklists of countries that are deemed “high risk” when it comes to money laundering and a “danger to the international financial system”. The UK, US, and Switzerland have never been blacklisted. Instead, the usual pariahs of the west—Cuba, North Korea, Iran and so on appear, along with small states such as Antigua or St Kitts and Nevis. This money collection of countries presents the most marginal threat to the international financial system. They are merely powerless to respond to being listed. Former US official Juan Zarate has boasted that a dedicated team at the US Treasury uses its influence to get American enemies blacklisted and friends left alone, in the name of counter-terrorism. Banks’s face large fines for facilitating transactions with countries on these lists, and as a result, they have withdrawn services, leaving these countries stranded financially. Caribbean countries have lost the most correspondent relationships with international banks. The EU and OECD are in danger of pushing countries into the hands of the very people they listed them for helping. There is a word in German: Lebenslüge meaning the lie you have to tell yourself to live your life. We prefer to think that the success of the City of London and our property market relates to our skills honed in ancient universities, not the banking of nouveau riche criminals. Once British newspapers have salivated over the details of the latest money laundering ring, they quickly return to the narrative that the real threat lies on small, palm-fringed islands. The politicisation of the blacklisted small islands has enabled London to become the global centre of money laundering. Some in the City of London think that Brexit will allow them to prosper but it will bring dooms day to the country. English education has facilitated creation of corrupt bankers and shyster lawyers who twist the truths towards lies that free the guilty criminals across the globe. The British offshore banking tax evasion is destroying Eastern countries infrastructure growth and prosperity by facilitating flight of illegal capital from East to West.
Many NRIs, Lawyers and business people, living in the UK-West continue singing the high praises of the Britain as they continue to park their loot by selling their souls to the British. The Indian financial fugitives continue to disrespect their forefathers, disrespecting the memories of the Great Brave Freedom Fighters of India who sacrificed their lives making India free from the corrupt British Raj.
(The Global Chairman/Group President of the World Homeland Security/Smartechno Group of Companies. www.worldhomelandsecurity.one. The views expressed by the writer are personal.)
New Delhi, May 19 (IANS) In a massive action, the Central Bureau of Investigation (CBI) said on Wednesday that it has registered a case against U.S. Awasthi, MD and CEO of IFFCO, Pravinder Singh Gahlaut, MD of Indian Potash Ltd (IPL), and several others in connection with a corruption case.
The CBI also carried out searches at 12 locations across the country and recovered cash to the tune of Rs 8.8 lakh, FDR worth Rs 5.5 crore, details of 19 properties in several states and 14 bank account details.
CBI spokesperson R.C. Joshi said, "The CBI has registered a case on the basis of references from the Ministry of Chemicals and Fertilisers and also based on other information against Awasthi, MD and CEO, Indian Farmers Fertiliser Cooperative Limited (IFFCO); Gahlaut, MD of IPL; Amol Awasthi and Anupam Awasthi, both sons of the IFFCO MD and CEO and also promoters of Catalyst Business Associates Pvt Ltd; Vivek Gahlaut, son of IPL MD Gahlaut; Pankaj Jain of Jyoti Group of Companies and Rare Earth Group, Dubai; Sanjay Jain, brother of Pankaj Jain and also President of Jyoti Trading Corporation and beneficial owner of other entities of Jyoti Group; and Amrinder Dhari Singh, senior Vice President of Jyoti Trading Corporation, Dubai."
Besides them, the CBI has also named Rajiv Saxena, a chartered accountant, who is the promoter of Midas Metal International LLC and other companies, Sushil Kumar Pachisia, an employee of Pankaj Jain, and unknown directors of IFFCO and unknown others.
Joshi said that in the complaint, it was alleged that IFFCO and IPL were importing huge quantities of fertilisers running into several thousands of MTs, along with raw materials for fertilisers from various foreign suppliers.
He said that it has been stated that the fertilisers are supplied to the farmers in India and the Government of India has been providing subsidy on fertilisers to facilitate supply to the farmers at reasonable rates.
In the complaint, it was also alleged that in order to cheat government by claiming higher subsidy, these officials of IFFCO and IPL have been importing fertilizers and raw materials through Kisan International Trading FZE in Dubai, a subsidiary of IFFCO and other middlemen at highly inflated rates covering the commission meant for the accused including MD of IFFCO and MD of IPL, which was paid or transferred by the overseas suppliers to the accused officials through sham transactions involving the said accused.
He said that all these imports were done between 2013 and 2017.
Joshi said that searches are being carried out at the office and residential premises of the accused persons in 12 locations, including Delhi, Gurugram, Mumbai etc.
He said that during the searches, the CBI has recovered cash to the tune of Rs 8.80 lakh from the premises of Awasthi, while from the premises of Gehlaut, the agency seized FDRs of over Rs 5.5 crore in his name, 14 bank account details, and details or documents of around 19 immovable properties in Mumbai, Himachal Pradesh, Gurugram, Delhi and Sonipat.
New Delhi, April 13 (IANS) India's most wanted fugitive Dawood Ibrahims younger brother and accused in the Mumbai serial blasts, Anees Ibrahim is under the lens of Indian security agencies for his involvement in smuggling and manufacturing of contraband narcotics.
Anees Ibrahim's close aide Kailash Rajput, a high profile drug operator based in the United Arab Emirates (UAE), is already on the wanted list of Mumbai Police and Narcotics Control Bureau (NCB), for smuggling drugs from India, highly placed sources told IANS on Tuesday.
Sources said Anees Ibrahim's linkages with a drug syndicate operating in South Mumbai came to light when his aide Arif Bhujwala was arrested by the NCB earlier this year from Raigarh in Maharashtra.
"During questioning of Arif Bhujwala, it was revealed that he was in touch with Kailash Rajput, an alleged financier of Anees Ibrahim, who also looks after the D-company's drug operation in Europe. Kailash Rajput's location has been traced in Dubai by our agencies," said an officer associated with investigations.
Based on specific inputs of intelligence agencies, the NCB has been trailing D-company's drug operators in India. The Bureau hit the jackpot when its sleuths busted a drug factory in South Mumbai, reportedly run by Dawood's aide Chinku Pathan in the third week of January this year. After Pathan's questioning, the sleuths arrested key drug operator Arif Bhujwala, linked with Anees Ibrahim. Bhujwala disclosed that he had earlier visited Dubai, where he met Anees Ibrahim's financier Kailash Rajput.
A report of Anti-Narcotics Cell (ANC) of Mumbai Police reveals that Kailash Rajput has links with Mexican cartel and had been involved in smuggling huge consignments of drugs like Phenethyl-4-Piperidone and Fentanyl from India.
The report says that in 2019, a rice exporter was interrogated by the ANC who later revealed that during a holiday trip to Dubai in November 2018, he was introduced to Kailash Rajput. Through this exporter, Kailash Rajput tried to smuggle a shipment of drugs from Mumbai, which was to be pushed to Mexico.
Dossier on Kailash Rajput says that he fled to Dubai in 2014 and later came into contact with Anees Ibrahim, who is currently based in Karachi.
A major shift in D-company, sources said, is that earlier such underworld operations were directly looked at by Chhota Shakeel.
But recently Anees Ibrahim, who handles the finance of D-company, also looks after drug operations.
Sources said Anees Ibrahim's operatives are also based in Germany, Netherlands and Britain, who look after the lucrative drug deals of D-company.
Earlier Dawood's right hand man, Iqbal Mirchi was reportedly incharge of Dawood's drug operations in Europe.
New Delhi, April 8 (IANS) The Supreme Court on Thursday declined to entertain petitions by the Maharashtra government and former state Home Minister Anil Deshmukh, challenging the Bombay High Court order directing a preliminary enquiry by the CBI into corruption allegations levelled by former Mumbai Police Commissioner Param Bir Singh.
A bench comprising Justices Sanjay Kishan Kaul and Hemant Gupta said: "We are of the view that the nature of allegations, the personas involved and the seriousness of the allegations do require an independent agency to enquire into the matter. It is a matter of public confidence given the factual scenario."
The bench noted that the High Court has only ordered a preliminary enquiry, albeit by an independent agency, and again stressed that matter is serious.
Senior advocate Abhishek Manu Singhvi, representing the Maharashtra government, argued that the High Court passed the order without examining maintainability of petitions. The High Court adopted a very unusual procedure while ordering a CBI probe against the then Home Minister based on Singh's allegations, he added.
Singh had accused Deshmukh of setting a collection target of Rs 100 crore from bars and restaurants. The top court observed that two persons closely working together fell apart, the allegations should be verified. "Allegations are serious, curious, the persons involved are: the Commissioner of Police and the former Home Minister," it said.
The top court was convinced with the Bombay High Court order and without hearing the arguments of opposite parties, dismissed the petitions filed by Maharashtra government and Deshmukh. The top court also declined to accept the contentions made by Singhvi, that merely because the Home Minister has resigned after the High Court order would be a factor not to direct enquiry by an independent agency.
"He (Deshmukh) did not resign when the state set up a Commission of Enquiry. He quit after High Court order. He was clinging to office," it observed.
During the hearing, the bench also remarked that former Mumbai Police Commissioner, who made the allegations against him, was not Deshmukh's enemy but instead, "was almost his right-hand man". The bench stressed that the matter is not a case of political or business rivalry, instead it is a matter where a senior minister and senior police officer are involved.
Senior advocate Kapil Sibal, representing Deshmukh, submitted that allegations against his client were only hearsay and have no evidentiary value, and cannot become ground for a CBI probe into the matter. As he insisted that his client should have been heard before the High Court passed the order for CBI enquiry, the bench noted that CBI investigation into the matter is not an attack on the federal structure.
The court also rejected Deshmukh's contention for a probe by either High Court or the top court, saying one cannot pick and choose the investigating agency.
"Further, we are unable to accept the contention of Kapil Sibal, learned senior counsel that even for directing a preliminary enquiry, the petitioner Anil Deshmukh is mandatorily entitled to be heard in his individual capacity even though the State Government was represented and he was a Minister at that time," it said.
After a detailed hearing in the matter, the top court declined to interfere with the High Court order and dismissed the petitions.
A division bench of the Bombay High Court comprising Chief Justice Dipankar Datta and Justice G.S. Kulkarni on Monday had asked the CBI to complete its "preliminary probe" within 15 days on the issues raised by Singh in his "letter-bomb" last month. Hours after the verdict, Deshmukh quit his post.
Besides Singh's PIL, the court heard three other pleas - one filed by Ghanshyam Upadhyay seeking a court-monitored SIT, another by Mohan Bhide wanting a retired HC or SC judge to probe the matter, and a third by Jayshri Patil for a probe by the CBI, or any other independent agency.
Mumbai, April 8: The Central Bureau of Investigation (CBI) on Thursday questioned arrested Mumbai Police officer Sachin Vaze, former city Police Commissioner Param Bir Singh and two others in connection with the preliminary enquiry it registered for the probe into allegations of corruption against former state Home Minister Anil Deshmukh.
A CBI source related to probe told IANS: "The agency sleuths have recorded the statement of Vaze, who is presently in NIA custody." The source said that the CBI is also recording the statement of Singh, who dropped a letter bomb on March 20, accusing Deshmukh of asking Vaze and other Mumbai Police personnel to extort Rs 100 crore 'monthly' from bars, hotels and restaurants.
Mumbai/New Delhi, March 23 (IANS) Prime accused of the SUV case, arrested cop Sachin Vaze operated his extortion racket from a sea facing luxury hotel, located at Marine Drive in South Mumbai.
CCTV footage of a Land Cruiser, used by Vaze reveals that Mumbai's disgraced police officer was using the hotel during the third week of February, before executing the plot to park an explosive-laden SUV near Mukesh Ambani's house, sources in NIA said. Vaze's close aide Vinayak Shinde, a former cop allegedly involved in murder of Mansukh Hiran, owner of the SUV, was also spotted in the hotel.
The hotel was located 10 minutes drive from Vaze's Crime Branch office. Reacting on Vaze's underworld dealings, BJP spokesperson Ram Kadam said that this huge extortion racket being operated by the Crime Branch officer from a well known hotel was patronised by the top functionaries of the government.
"From the cricket betting syndicates to collection of 'hafta' from bars and restaurants, Vaze operated as a boss of organised criminal gang. My information is that in the name of Covid-19 measures, when the government ordered the bars to shut at 11 pm, the motive was to strike a deal with the select bar operators. Those who paid hafta, were allowed to open their bars beyond midnight," BJP legislator Ram Kadam told IANS.
A prominent cricket bookie of Mumbai, Naresh Dhare, booked in Hiran's murder was reportedly collecting funds for Vaze from various betting syndicates active in Maharashtra.
"Expensive suites booked by Vaze in such luxury hotels were meant to negotiate deals and organise secret meetings with betting rings and bar operators. Vaze, who led the Crime Intelligence Unit (CIU) of Mumbai police sheltered such crime syndicates instead of acting against them," Kadam revealed.
A former Inspector of Crime Branch, Mumbai under whom Vaze had worked said that the disgraced cop had investigated several cases of betting and hawala racket under him. "Of late I came to know that Vaze developed his links with the kingpins of betting syndicates operating from the United Arab Emirates and other middle-east countries. He was hand in glove with them (syndicates)," the inspector said.
NIA officials are meanwhile gathering information on Vaze's other aides who helped him in procuring gelatin sticks, other gadgets, including sim cards, and helped in organising funds.
Sources said that Vaze was paying a handsome amount to Shinde, his former subordinate who was sentenced for life imprisonment in an police encounter case. After Shinde came out of jail on parole, Vaze was reportedly using him in collecting extortion related funds. Some other tainted cops, placed under suspension, were in touch with Vaze.
The NIA would be interrogating Vaze till March 25, when his police remand expires. Sources said that NIA might request the court to further extend remand of Vaze, as he is also named in the murder of Mansukh Hiran.
"The cold blooded murder of Mansukh really nails Vaze. Had he not gone to the extent of eliminating his former aide (Mansukh), he could have gotten rid of the SUV case which was a plot aimed at just scaring a business house. However in a bid to conceal his identity in the SUV case, Vaze got his aide killed and in a way he committed the biggest blunder of life," said a former police pnspector under whom Vaze developed skills of electronic surveillance and busted many organised crime gangs.
New Delhi, Feb 24 (IANS) The Uttar Pradesh and the Punjab governments have locked horns over whether a state government can file a petition under the Constitution's Article 32 to claim fundamental rights.
The UP government had moved the Supreme Court under this constitutional provision seeking direction to the Punjab government and Rupnagar (Punjab) jail authority to immediately hand over gangster-turned-politician Mukhtar Ansari's custody to Banda (UP) district jail. Ansari is lodged in the Rupnagar jail since January 2019.
Citing the top court verdict in Union of India vs V. Sriharan, the UP government contended that the court entertained the petition filed by the Centre as there existed dispute between it and a state bearing directly on fundamental rights.
"It is submitted that there exists no explicit or implicit bar for filing a Petition under Article 32 by the state as long as there exists a requirement of order/direction to be passed by the Hon'ble Court to ensure the protection of fundamental rights enshrined under Part III of the Constitution", said the UP government in written submissions filed through advocate Garima Prasad.
Article 32 deals with 'Right to Constitutional Remedies', and gives the right to move the apex court for the enforcement of the rights conferred in the Constitution.
In Ansari's custody, the UP government said that in the present case, the dispute is between two states affecting the fundamental right to speedy trial which is implicit in Article 14, 19(1) (a) and 21 of the Constitution. "It is submitted that there is no restriction specified as to who per se can file a petition for the enforcement of fundamental rights of the citizens under Article 32, thus, anyone including the state, can also approach this Hon'ble Court seeking reliefs pertaining to the enforcement and protection of the Fundamental Rights," it added.
The Punjab government has contested these claims, saying that only a citizen can move the top court under Article 32 to claim fundamental rights and a state cannot invoke this provision. "State by itself has not been given any right to move this court under Article 32 under any circumstances.. therefore, the state of UP is not competent to file the present writ petition as it is neither citizen to whom the right is conferred and neither it has any fundamental rights which are exclusively conferred upon citizens," it said, seeking dismissal of UP's plea.
Earlier in the day, the Uttar Pradesh government told the Supreme Court that the Punjab government is "shamelessly" protecting Ansari as he is not being handed back to UP where he faces trial for several heinous offences before a special MP/MLA court.
The UP government added that more than 30 FIRs and more than 14 criminal trials including heinous crimes of murder and under Gangster Act are pending against Ansari in various MP/MLA courts, where his personal appearance is sought.
New Delhi, Jan 18 (IANS) The Economic Offences Wing (EOW) of Delhi Police said on Monday that it has arrested former CEO of National Spot Exchange Ltd (NSEL) Anjani Sinha for fictitious trading on the exchange and for creating false stocks.
The EOW, which had registered a case in 2015 on a broker's complaint against Sinha and others, arrested the ex-CEO of NSEL in Mumbai on Sunday night after conducting raids at various hideouts.
In a statement, the EOW said the accused was produced in a Borivali court and has been granted transit remand. He is being brought to New Delhi for production in the jurisdictional Court, it added.
In 2013, NSEL had defaulted on payments worth of Rs 5,600 crore in which about 22 borrowers had received money which they did not return to the investors.
"The NSEL crisis was an engineered crisis. Though it was solvable, it was not solved with a view to throwing 63 Moons Technologies out of the exchange business. All the probe agencies like the ED, the CBI, the EOW-Mumbai, and SFIO have traced the entire money trail of Rs 5,600 crore to the 22 defaulting entities and their investigations established that not a single paisa has come to NSEL, 63 Moons or its founder," said a spokesperson of the NSEL.
"Even the Bombay High Court has observed that the entire money trail is with the 22 defaulting entities. Despite this, all targeted actions have been concentrated against NSEL, 63 Moons and its founder, who are actually the biggest sufferers and victims. Such victimisation and motivated action notwithstanding, they have been trying to earnestly resolve the crisis," the NSEL spokesperson added.
The crisis-hit NSEL has also urged market regulator Securities and Exchange Board of India (SEBI) to resolve the Rs 5,600 crore payment crisis in the larger interest of the investors.
New Delhi, Jan 16 (IANS) The Chandigarh-bench of National Company Law Tribunal (NCLT) has admitted a petition filed against Omaxe Ltd over alleged acts of oppression and mismanagement claiming by the company and its management.
The petition filed by Sunil Goel, the former Joint Managing Director of the company levels allegations against Rohtas Goel, the Chairman and Managing Director of Omaxe for indulging in financial fraud, siphoning of funds, insider trading and inflation of turnover of the company.
The petition said that, in June 2017 Omaxe took a loan of Rs 250 crore from Indiabulls Housing Finance Limited as per the minutes of the Executive Committee's meeting. It said that though Sunil Goel was a part of the Executive Committee, he did not receive any notice of the meeting wherein resolution for borrowing of loan of Rs 250 crores was approved.
"It is also stated that Sunil Goel has been repeatedly appointed as Joint Managing Director of Omaxe Limited till 27.09.2017 on which date he was illegally ousted in the 28th Annual General Meeting of the company where several resolutions, declaring dividend only to non-promoter shareholders and appointment of Seema Prasad as Director of Omaxe Limited, were passed," it said.
The respondents, including Rohtas Goel illegally restrained the petitioners from participating in the Annual General Meeting by using force and threats, claimed Sunil Goel in his petition.
Further, as per the plea, Rohtas was also involved in exclusion of the petitioners from the affairs of the company to "gain control over the company and all its subsidiaries in order to financially disable the petitioners".
Rohtas allegedly conducted the affairs of the company in an oppressive manner towards the petitioners and also towards the interest of the company.
"It is stated that owing to such financial mismanagement and fraudulent transactions the financial debts have increased and profits have dipped down. Various letters have been issued on behalf of the petitioners, objecting to the illegal and oppressive acts of respondents, but in vain," said the petition.
Founded in 1989, the company has its presence in eight states across 27 cities. Rohtas Goel is the Chairman and Managing Director of Omaxe Limited and represents the largest promoter shareholder group of the company. Sunil Goel, younger brother of Rohtas Goel represents the second largest promoter shareholder group having 22 per cent shareholding in the company.
Primarily, the shareholding of the promoter and promoter group is through Guild Builders Private Limited, which holds around 68.45 per cent shares of Omaxe Limited and is a holding company of Omaxe Limited.
In 2017, differences arose between the brothers with regard to functioning of the company, following which Sunil Goel was removed from the company in September 2017, which he claims as an illegal removal.
New Delhi, Dec 26 (IANS) The Indian government is planning to revamp its federal drug law enforcement and intelligence agency - Narcotics Control Bureau (NCB) -- with creation of 3,689 new posts, canine squads, cyber and intelligence units and creation of a dedicated prosecution wing for the organisation.
The proposal aims at redesigning the governance architecture of NCB, its capacity of investigation and intelligence and making it more professional and effective. The bureau comes under Ministry of Home Affairs and is currently headed by 1984-batch IPS officer Rakesh Asthana.
The government has planned to create 3,689 posts in various grades up to level-15, thereby raising the strength of NCB from existing 1,107 to 4,751. There is also plan to create four new regional offices, thus raising the number of regional offices from existing three to seven. Creation of 17 new zonal offices and upgrading all existing 12 sub-zonal offices into zonal offices thereby raising the number of field offices to 42, including 13 existing regional offices, has also been planned.
There are plans to set up a dedicated prosecution wing to provide for in-house expertise for legal advice and taking up all cases filed under Narcotic Drugs and Psychotropic Substances Act, a Canine Wing to identify drugs and Drug Intelligence Unit. Setting up of a Cyber Technical Cell is also planned to tackle the challenges arising out of modern technological methods used by drug traffickers. The decision to revamp was taken after government found that the drug traffickers are increasingly using the Dark Net for trafficking and crypto-currencies for payment.
This was disclosed in a report of the Parliamentary Standing Committee on Home Affairs headed by Congress Deputy Leader in Rajya Sabha, Anand Sharma, on the Demands for Grants of Ministry of Home Affairs placed in Parliament on December 21.The report stated: "The drug traffickers are increasingly using the Dark Net for trafficking in drugs. The medium offers complete anonymity because of the use of onion routing, use of Crypto Currency for payment and Pretty Good Privacy (PGP) encryption."
The committee stressed upon that NCB's expertise and capacity to deal with this "need to be augmented". "Nonetheless, with available resources the NCB arrested a Dark Net vendor who was operating as an active vendor of Psychotropic Drugs in Dark Net markets. This network had international linkages spread across India, Singapore and USA. During the operation, approximately 135 kgs of different psychotropic tablets were seized and four persons were arrested," the report stated.
Keeping in view the constant changing pattern of drug trafficking and its abuse and the need to develop skills of officers to respond to the challenges arising out of the same, the Ministry of Home Affairs has, in December, 2019 set up a Training Centre on drug law enforcement within the campus of the Central Academy of Police Training, Bhopal. This institute is mandated to impart domain training to the officers of NCB and those of other Central and State Agencies involved in drug law enforcement.
For the purpose of Coordination among all states and central agencies in drug-related issues, a Narco Coordination mechanism was set up by MHA in 2016. This mechanism provides a common platform for all drug-related issues in India. Further for cooperation and information-sharing at international level, the NCB has entered into agreements with 42 countries. In addition, the NCB liaises with the International Narcotics Control Board (INCB) and UNODC regulary.
New Delhi, Dec 12 (IANS) The accused named in the 2013 railway bribery for post scam was layering funds through multiple companies and persons to show them as normal business transactions, the Enforcement Directorate (ED) has found in its investigation. IANS has viewed the chargesheet filed by the ED in the 2013 bribe for posting case.
The ED said, "The statements of the witnesses recorded clearly established the intents of the accused persons and their involvement in the schedule offences and generation of proceeds of crime by way of layering and integration of funds through a number of entities and persons."
The ED had filed a chargesheet in the railway bribery case in October this year against IRSSE officer Mahesh Kumar, senior Congress leader and former Railway Minister Pawan Kumar Bansal's nephew Vijay Singla, N. Manjunath, Sandeep Goyal, Ajay Garg, Sandhir, Sushil Daga, C.V. Venugopal, M.V. Murali Krishna and Venketeshwara Rail Nirman Pvt Ltd under sections of the Prevention of Money Laundering Act (PMLA).
The ED has also demanded punishment for those named in the chargesheet and confiscation of their assets. The ED case is based on the FIR and chargesheet filed by the Central Bureau of Investigation (CBI) against Mahesh Kumar, Singla, Goyal and seven other accused persons.
The ED said that Mahesh Kumar and Goyal in their statements have stated that the purpose of their meeting at Hotel Taj in Mumbai and Hotel Lalit in Delhi was to discuss a marriage proposal.
"However, as per the CBI chargesheet, the outcome of the meeting at Hotel Taj was shared by Goyal with Garg. And Garg in his statement to the ED stated that Goyal had informed him that Mahesh Kumar was trying to become Member (Electrical) in railway board and Goyal was in touch with Manjunath who wanted to get Mahesh Kumar posted as Member (Electrical)," the ED claimed.
"There remains no doubt that that the meetings at Hotel Taj and Hotel Lalit were not only to discuss a marriage proposal, but also for planning of appointment of Mahesh Kumar as Member (Electrical) and the bribes amount to be paid," the ED claimed.
It further said that Manjunath, Venugopal and Krishna in their statements have claimed that their contribution amounts were business transactions. "However, the persons through which the funds were routed and arranged at Delhi in cash have confirmed in their statements that these payments were arranged on the request of the accused persons. However, these payments were adjusted by them in their books of accounts," it alleged.
The ED further alleged that the bankig transactions made by the accused persons were made to mobilise the funds through "layering" by using a number of accounts of entities and persons and finally integrated the funds in the form of "cash" at Delhi.
"Statements of witnesses clearly establishes the modus-operandi of the accused and purpose of transactions through a number of entities. Later on, the funds layered were shown by these persons as business transactions but the same were proceeds of crime," it added.
The ED also said that the money was layered in as many as nine companies before being handed to the people who then took it to Chandigarh. The statements were recorded by the ED in 2017 and 2019.
The CBI had caught Singla red-handed while accepting a bribe of Rs 89.68 lakh for the favourable posting of Mahesh Kumar. The ED in July this year had questioned Bansal for several hours in Chandigarh in connection with the case. Bansal had to step down from the post amid the accusations.
In May last year, the ED had attached the Rs 89 lakh amount which the CBI seized from the office of Bansal's nephew Singla in 2013 in the corruption case related to appointments at top positions in the railways, when the Congress leader was the Union Railway Minister in the United Progressive Alliance-2 regime.
Singla demanded Rs 10 crore through Sandeep Goyal from N. Manjunath to get Mahesh Kumar posted as Member (Electrical), the ED had said, quoting the CBI probe.
(Anand Singh can be contacted at Anand.firstname.lastname@example.org)