One is a case of alleged money laundering being probed by ED, and the other is of alleged unlawful foreign funding initiated by Economic Offences Wing of Delhi Police.
Former NALCO chairman & MD Abhay Srivastava, his former colleague BL Bajaj & their wives were convicted in money laundering case stemming from a 2011 bribery case.
Overall, 11 individuals and entities, including Satyanand Yajee and Kewal Singh Virk, directors of Onkareshwar Properties Pvt. Ltd, named as accused in money laundering case.
Vadra is being investigated by the central probe agency in three different money laundering cases. The two others pertain to alleged irregularities in land deals.
According to ED sources, the searches are part of a money laundering investigation into a ‘donkey route’ case related to illegal Indian immigrants who were deported by the US this year.
Yet to be verified that actor was genuinely unaware of the alleged extortion racket, or ignorant that gifts to her were 'proceeds of crime', the court said.
Dissolution amounts to overreach, allows sister firm to escape liability. Experts disagree, say keeping firm alive just to face liability unreasonable, as promoters face action anyway.
In the first eight months of the current fiscal year, New Delhi’s net tax intake didn’t even hit the halfway mark of what it expects to collect by March 31.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
Speaking at annual press conference, Army chief reiterated that India does not recognise 1963 Sino-Pakistan border pact under which Pakistan illegally ceded Shaksgam Valley to China.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
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