Cartel Case

US military kills 6 in strike on alleged drug boat in Eastern Pacific Ocean

The US military said it killed six men on Sunday in a strike on an alleged drug-smuggling vessel in the Eastern Pacific Ocean as part of the Trump administration's campaign against alleged traffickers. Sunday's attack brought the death toll to at least 157 people since the Trump administration began targeting those it calls "narcoterrorists" in small vessels in early September. As with most of the military's statements on the more than 40 known strikes in the Eastern Pacific Ocean and Caribbean Sea, US Southern Command said it targeted alleged drug traffickers along known smuggling routes. The military did not provide evidence that the vessel was ferrying drugs. It posted a video on X that showed a small boat being blown up as it floated on the water. President Donald Trump has said the US is in "armed conflict" with cartels in Latin America and has justified the attacks as a necessary escalation to stem the flow of drugs into the United States. But his administration has offered ..

US offers $10 mn reward for capture of Mexican Sinaloa cartel brothers

The US State Department said Thursday that it would pay up to $10 million for information leading to the arrests or convictions of two brothers identified as leaders of Mexico's Sinaloa cartel in the state of Baja California, which includes Tijuana. The reward offer came the same day that authorities announced a new indictment against Rene Arzate Garcia, 42, known as "La Rana" ("The Frog"). He was initially charged with drug crimes in San Diego. The superseding indictment includes charges of conspiracy, narcoterrorism and material support to a designated foreign terrorist organization. The US is offering $5 million each for information on Rene Arzate Garcia and Alfonso Arzate Garcia, 52, known as "Aquiles" ("Achilles"). Their whereabouts are unknown. "As controllers of a critical trafficking node in Tijuana at the US border, the Arzate-Garcia brothers have become key essential components of the cartel's command-and-control structure," the State Department said. "Their control of the

Mexican army kills leader of powerful Jalisco New Generation Cartel

The Mexican army killed the leader of the Jalisco New Generation Cartel, Nemesio Ruben Oseguera Cervantes, "El Mencho, " on Sunday, decapitating what had become Mexico's most powerful cartel and giving the government its biggest prize yet to show the Trump administration its efforts. Oseguera Cervantes was wounded in an operation to capture him Sunday in Tapalpa, Jalisco about a two-hour drive southwest of Guadalajara and he died while being flown to Mexico City, the Defense Department said in a statement. The state is the base of the cartel known for trafficking huge quantities of fentanyl and other drugs to the United States. During the operation, troops came under fire and killed four people at the location. Three more people, including Oseguera Cervantes, were wounded and later died, the statement said. Two others were arrested and armored vehicles, rocket launchers and other arms were seized. Three members of the armed forces were wounded and receiving medical ...

35 cartel cases under CCI radar in the last five years: FM Sitharaman

The CCI is currently investigating allegations of cartelisation in the advertising industry and has raided several firms in the past week to gather evidence

This Greater Noida meth lab had Mexican cartel links. 95 kg of drugs seized

In a joint raid, NCB and Delhi Police uncovered a meth lab in Greater Noida, seizing 95 kg of methamphetamine; arrested suspects include a Tihar warden and a Mumbai-based chemist

CCI has an assertive agenda against cartels: Chief Sangeeta Verma

The Competition Commission of India (CCI), which replaced MRTP to usher in competitive and fair business practices in the country, has an assertive agenda against cartels, its chairperson Sangeeta Verma said on Friday. She said that cartels are bad and a cartelised market does not allow honest business. "The CCI has an assertive agenda against cartels. Cartels are bad for business and do not allow conduct of honest trade", Verma said at an event organised by MCCI here. Verma said the competition law will continue to create necessary safeguards and its enforcement may be supplemented by a suitable legislative framework. According to her, the CCI so far has received 1200 cases regarding abuse of dominance across sectors like airlines, infrastructure, automobiles, real estate and digital space. The commission had already imposed a penalty on Google for allegedly abusing its dominant position in the Android ecosystem. Verma said that the CCI is closely watching the digital space, add

CCI dismisses case of alleged cartelisation by 2 bidders in AIIMS tender

The Competition Commission of India (CCI) has dismissed a case of alleged cartelisation by Romsons Scientific & Surgical Industrial Pvt Ltd and BSN Medical Pvt Ltd and some of their officials. The regulator had directed the director general (DG) to carry out an investigation after the matter originated from a complaint alleging cartelisation by the firms in respect of a tender invited by AIIMS in 2016. The DG after taking into consideration the submissions of the parties, concluded that different parties, at different geographical locations with different cost of production and profit margins quoting identical rates, independently, would be too much of coincidence, which is difficult to believe. Accordingly, the DG concluded that the firms colluded and acted in contravention of provisions of the Competition Act. However, the CCI said that there is no evidence of any communications or meetings having taken place between the opposite parties (OPs) or any other arrangement indicating

Citigroup, Deutsche Bank to face Australia court over $2.1 bn stock issue

The banks have denied wrongdoing