Connect with us

NATIONAL

Bank scams: Three fresh cases of financial fraud reported

Published

on

New Delhi, Feb 24: Three fresh cases of financial fraud have come to light after the CBI filed cases against a jeweller, a businessman and a public servant on complaints by three different banks earlier this week, an official said on Saturday.

On Thursday, the Central Bureau of Investigation registered a case against diamond jewellery exporter Dwarka Das Seth International for an alleged bank loan fraud to the tune of Rs 389.85 crore towards the Oriental Bank of Commerce.

The CBI on Wednesday filed a case against businessman Amit Singla and others on a complaint of Bank of Maharashtra for securing a loan on false representation by forging documents and its criminal misappropriation and use.

On the same day, it filed a case against Inder Chand Chundawat, then Senior Branch Manager in Punjab National Bank’s Barmer office, for abuse of official position.

Earlier, cases of major financial frauds worth Rs 11,300 crore by diamantaire Nirav Modi and by Rotomac owner Vikram Kothari have surfaced, in which the CBI has filed cases and effected several arrests.

–IANS

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

NATIONAL

Maoist poster found in Odisha capital threatening to kill missing Kashmiri student

Published

on

Bhubaneswar | March 5 2018
A poster allegedly put up by the Maoists was found at Baramunda bus stand creating panic among locals here this morning.
The poster was put up on the wall under flyover with a message demanding the government to release top Maoist leader Sabyasachi Panda, who is currently lodged in jail, in seven days or else the Kashmiri student studying at Bhubaneswar AIIMS Suhail Aijaz, who is missing since Feb 9, will be killed.
The Maoists in the poster said that Suhail is in their custody. If the government fails to release Sabyasachi Panda, they will eliminate the Kashmiri student.
Also, the red rebels through the poster threatened explosions at Bhubaneswar railway station and police stations on March 11 if their demand is not met as soon as possible.
While there is no breakthrough in the missing Kashmiri student and a team of commissionerate police returned Bhubaneswar from Kolkata with clueless about him, the latest poster indicates Maoist link in connection with missing of Suhail, who is yet to be traced by police. The poster posed as a bigger challenge to the police, who are yet to clear the authenticity of the poster.
The twin city commissionerate police is investigating into the matter to find out alleged abduction of Suhail by Maoists and authenticity of the poster.
We recovered a handwritten poster and it is being investigated, said DCP Satyabrata Bhoi.
Normally, the Maoists put up the posters in their letterhead using red ink. However, this poster found at Baramunda bus stand was written in blue ink.
When asked to Sabyasachi Panda’s wife Subhashree alias Mili Panda about the poster, she refused any Maoist role behind putting up the poster at Baramunda bus stand.
She refuted the allegations that Sabyasachi’s supporters were behind the incident. She clearly said that her husband was never the cadre belonging to the banned CPI(Maoist), which has allegedly put up the poster on wall under flyover at Baramunda.
“Since my husband is facing trial and legal process in a series of cases, it is baseless to say that any of his supporters will do such thing to release him from jail,” Mili Panda said.

Continue Reading

NATIONAL

3 sisters found with decomposed body of woman

Published

on

Bankura (WB), Mar 2 2018

The decomposed body of a 60-year-old woman was recovered from a house here where her three sisters, all mentally unstable, were also living, police said today.

The police got the information over phone about

the incident yesterday and recovered the body of Archana Pal from her house at Pratap Bagan area here in the district.

Superintendent of Police Sukhendu Heera said possibly she died on Wednesday.

The body was sent for post-mortem examination.

Her three sisters — all mentally unstable and physically ill — were taken to hospital, he said.

One of them was admitted to the hospital while others were released, the officer said.

They four were the only occupants of the house and their parents had died earlier.

PTI

Continue Reading

NATIONAL

MoS Defence says situation at LAC sensitive, cautions against increased ISIS threat

Published

on

New Delhi | March 1 2018

Minister of State for Defence Subhash Bhamre on Thursday said the situation along the Line of Actual Control (LAC) was “sensitive” and has the potential of escalation.

“The situation along LAC (with China) is sensitive. Incidents of patrolling, transgression and standoff have the potential of escalation,” Bhamre said while speaking at the annual army seminar here.

He also said religious fundamentalism was rising and Pakistan was acting as a conduit of eastward spread of Islamic State (IS) ideology.

Continue Reading

Trending

Show Buttons
Hide Buttons