CBI carried out a raid at Pathak's residence days after it lodged a case against him & others under Section 120-B (criminal conspiracy) of IPC and Foreign Contribution Regulation Act.
Expanding the scope of violation of FCRA, 2010, Centre has said that validity period of receiving foreign funds will be 3 yrs from the date of approval of application for prior permission.
Three Indian companies allegedly received Rs 25 crore from US billionaire Soros-backed investment fund, violating Indian foreign funding regulations, it is learnt.
Raids part of FEMA probe. Any funds transferred by donors to US billionaire Soros-backed Open Society Foundations requires clearance from home ministry before disbursal, it is learnt.
Since 1 January, patients & staff at Sambhavna Trust Clinic had been holding peaceful sit-ins, demanding FCRA renewal to prevent closure of the clinic facing a severe funding crisis.
In 2019, Sambhavna Trust’s FCRA registration was cancelled for alleged violation of rules & its bank account was frozen. Certification is must for receiving foreign contributions.
Passport numbers, mobile numbers & email addresses were duplicated to hide details of donors & diversion of funds to personal bank accounts of AAP functionaries, says ED.
The Centre for Equity Studies and its chairperson Harsh Mander are accused of transferring funds from its foreign contribution account to individuals & firms. Case was registered Wednesday.
CBI has accused Environics Trust of violating Foreign Contribution (Regulation) Act provisions by diverting money for cyclone relief to pay people to agitate against proposed JSW group steel plant.
For India, the strategic ripples are significant. The immediate concern is Pakistan’s diplomatic gain as it embeds itself deeper into the defence framework of the Middle East.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Damien Symon, a geo-intelligence and OSINT expert, affiliated with The Intel Lab, shared the satellite images of the ship moving in the Indian Ocean on social media.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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