Page 28 - Cbi

CBI books infra firm in Rs 3,800 cr bank fraud case, searches 4 locations

The CBI has conducted searches at four locations in Mumbai after registering an FIR against Unity Infraprojects Ltd, its then CMD Kishore Krishnarao Avarsekar and others for allegedly defrauding a consortium of banks to the tune of Rs 3,847.58 crore, officials said on Monday. The CBI took action on a complaint of the SBI, one of the consortium members which alleged that the fraud took place at its Commercial Branch in Mumbai where the accused persons siphoned the "Bank's funds by doing fictitious transactions, manipulated and fudged books of accounts with an objective to defraud and cheat the bank and to gain unlawfully at the cost of the Bank's funds". The officials said searches were conducted recently at the premises of the accused. The account of the 44-year-old infrastructure company, which had taken over Rs 3,800 crore from 23 lenders against moveable and non-moveable assets besides personal and corporate guarantees, had become a non-performing asset on June 24, 2014. Five yea

Bridge and Roof Company chairman's exec secy, 6 others, arrested by CBI

The CBI has arrested seven persons including the Executive Secretary of the CMD of public sector undertaking Bridge and Roof Company (India) Ltd in an alleged Rs 20 lakh bribery case involving the award of tender for Eklavya Model Residential School (EMRS) in Odisha to a Gujarat-based private firm, officials said Sunday. The CBI arrested Executive Secretary Ashish Razdan and owner of private company Hetal Kumar Pravinchandra Rajyaguru, and conducted searches in Kolkata, Delhi, Noida, Mumbai, Nagpur, and Rajkot recovering Rs 19.96 lakh of the bribe money and another Rs 26.60 lakh in cash, they said. Five more private persons were arrested during the trap operation, they said. "During investigation, it was found that the said bribe was allegedly meant for the Executive Secretary to CMD, Bridge and Roof Company (India) Ltd (a Public Servant). The said Executive Secretary and other private persons were also caught," the CBI Spokesperson said in a statement.

Excise policy cases: SC defers hearing on bail pleas of Sisodia to Oct 4

The Supreme Court on Friday deferred hearing for October 4 on the bail pleas of AAP leader Manish Sisodia in two Delhi excise policy cases being probed by the CBI and ED. A bench of Justices Sanjiv Khanna and SVN Bhatti adjourned the matter after senior advocate Abhishek Singhvi, appearing for Sisodia, submitted that he needs two to three hours to argue the matter. "Although I am in jail. We (both sides) have agreed. The hearing will take 2-3 hours at least on my side. This matter requires urgent attention," Singhvi said. Additional Solicitor General SV Raju agreed to his submission. Singhvi also alleged that whenever this case or Satyendar Jain's case comes up, there is a newspaper article on the merits of the case. The bench said it has not read newspapers and added, "We have to get used to that". On July 14, the top court had sought responses of the CBI and the ED on the interim bail pleas of Sisodia in the cases. Sisodia, who held the excise portfolio among the many that he

Land for Job Scam: Sanctions against Lalu Prasad Yadav obtained, says CBI

CBI further submitted that the remaining sanctions are expected to be received within a week. Noting the submissions, the Court listed the matter for further hearing on September 21

$1.8 bn recovered from economic offenders: Union minister Jitendra Singh

Assets of offenders worth more than $12 billion have been attached since 2014 under the Prevention of Money Laundering Act according to the Ministry of Personnel, Public Grievances & Pensions

CBI arrests GAIL Exec Director KB Singh in Rs 50 lakh bribery case

Along with Executive Director (Projects) K B Singh of GAIL, four others have also been arrested, including Director of Vadodara-based Advance Infrastructures Surender Kumar, said officials

Balasore tragedy: 3 Railway officials charged with culpable homicide

The CBI on Saturday filed a charge sheet against three arrested Railways officials for alleged culpable homicide not amounting to murder and destruction of evidence in connection with the June 2 Balasore train accident case, officials said. The CBI had arrested the three -- senior section engineer (Signals) Arun Kumar Mahanta, section engineer Amir Khand and technician Pappu Kumar, all posted in Balasore district -- on July 7 in connection with its probe in the accident involving three trains which left 296 people dead and over 1,200 injured. The accident took place on June 2 when the Coromandel Express crashed into a stationary freight train at Bahanaga Bazar station in Balasore district, and some of its derailed coaches fell onto the adjacent tracks and collided with the oncoming Yeshwantpur-Howrah Express. In its charge sheet filed before Special CBI court in Bhubaneswar, the CBI has charged the accused under Indian Penal Code Section 304 part II (culpable homicide not amounting

Rajasthan elections: Corruption is rampant in the judiciary says CM Gehlot

The chief minister alleged that agencies such as the Central Bureau of Investigation (CBI), Enforcement Directorate (ED) and Income Tax department conduct raids without making prior assessments

Manipur violence: CBI takes over 27 FIRs, including 19 crimes against women

The CBI has taken over the investigation in 27 FIRs lodged in connection with ethnic clashes in Manipur that have claimed more than 160 lives in nearly four months, officials said. According to the latest data, the Central Bureau of Investigation (CBI) has so far registered 27 cases handed over to it by the state police -- 19 cases of crime against women, three related to an armoury loot by a mob, two of murder and one each of rioting and murder, kidnapping and general criminal conspiracy, sources aware of the developments said. The agency has re-registered these cases but has not made the details public because of the sensitive nature of the situation prevailing in the northeastern state, they said. CBI teams have started questioning the suspects and victims after visiting the crime sites, the sources added. The investigation gained momentum after the CBI top brass mobilised a team of 53 officers, including 29 women, drawn from various units of the federal agency across the countr

CBI files reply in Delhi court on Tytler's plea in anti-Sikh riots case

The Central Bureau of Investigation (CBI) has filed its reply before a Delhi court on the application of senior Congress leader Jagdish Tytler seeking court records from the year 1984 till 2023

Delhi excise case: CBI books ED assistant director in Rs 5 cr bribery scam

The CBI has registered an FIR against ED Assistant Director Pawan Khatri in connection with an alleged bribery of Rs 5 crore by liquor businessman Amandeep Dhall to evade action in the excise policy scam case, officials said. Besides the two, the agency has also named Assistant General Manager of Air India Deepak Sangwan, CEO of Claridges Hotels and Resorts Vikramaditya, chartered accountant Praveen Kumar Vats and two others Nitesh Kohar, a clerk in the ED, and Dhall's father Birender Pal Singh, they said. The CBI has conducted searches at six locations on the premises of the accused after the registration of the FIR, the officials said. According to sources, neither of the accused ED officers were part of the excise scam case probe but during the searches, materials related to the case were recovered from them. The central probe agency took over the case on a complaint from the Enforcement Directorate, which alleged that Singh had paid Rs 5 crore bribe to Vats in tranches of Rs 5

CBI court awards jail terms to 52, acquits 35 in fodder scam case

A Special CBI court here on Monday sentenced 52 people to imprisonment of various terms, with the maximum being three years, in a case of the fodder scam. Thirty-five others were acquitted in the case by Special CBI judge Vishal Srivastav. The case is related to the fraudulent withdrawal of Rs 36.59 crore from Doranda treasury of unified Bihar. The amount was withdrawn between 1990 and 1995. Lawyer Sanjay Kumar who represented several of the accused said the quantum of sentencing will be announced on September 1. The scam in which crores of rupees were fraudulently withdrawn from treasuries such as Doranda, Deoghar, Dumka and Chaibasa was exposed in the 1990s when Jharkhand was part of Bihar. RJD president and former Bihar chief minister Lalu Prasad is one of the high-profile politicians who was convicted in the case. He is currently out on bail on the ground of ill health.

No CrPC provision requires CBI to file charge sheet in court language: SC

The Supreme Court has held there is no specific provision under the Code of Criminal Procedure (CrPC) which requires the investigating agency to file a charge sheet in the language of the court. Section 272 of the CrPC, which deals with language of courts, says the State Government may determine what shall be, for purposes of this Code, the language of each Court within the State other than the High Court. A bench of Justices Abhay S Oka and Rajesh Bindal gave the ruling while allowing the CBI's appeal challenging the Madhya Pradesh High Court order, which asked the probe agency to provide a copy of the charge sheet to two Vyapam scam accused in Hindi. The Vyapam or Madhya Pradesh Professional Examination Board scam broke out in 2013, wherein candidates had bribed officials and rigged exams by deploying imposters to write their answer sheets. The probe into the scam that began in 1995 was taken over by the central agency following an order of the Supreme Court in 2015. The racket ..

Lalu Yadav playing badminton after getting bail in fodder scam: CBI to SC

The CBI on Friday told the Supreme Court that RJD supremo Lalu Prasad was playing badminton after being enlarged on bail in a fodder scam case on medical grounds, as it sought cancellation of the relief granted to the former Bihar chief minister. Prasad's counsel opposed any move to cancel septuagenarian leader's bail, saying he has undergone a kidney transplant recently. The CBI has approached the seeking cancellation of Prasad's bail in the Doranda treasury case in which he has been sentenced to five years in prison. Additional Solicitor General S V Raju, appearing for the CBI, submitted that the Jharkhand High court order granting bail to the Rashtriya Janata Dal (RJD) leader was "bad in law" and "erroneous". Senior advocate Kapil Sibal, representing Prasad, opposed the CBI's application on account of the former union minister having gone a kidney transplant surgery. Sibal told the bench that Prasad has already served 42 months behind bars in the case. "He is playing badminton

CBI books Visa Power, chairman Saran for bank fraud of Rs 1,964 cr

The CBI has registered an FIR against Visa Power and its then chairman Vishambhar Saran in connection with an alleged bank fraud of Rs 1,964 crore, officials said Thursday. The action of the agency was initiated on a complaint from Punjab National Bank, one of the members of a consortium of 14 lenders which have sanctioned term loans of Rs 1,964 crore. PNB was the lead bank of the consortium and sanctioned loan of Rs 394 crore. The bank has alleged that the company and accused officials -- Saran and directors Vikas Agarwal and Subrato Trivedi, both named in the FIR as accused -- had approached the bank seeking loans for developing coal-based thermal power project with a generation capacity of 1,200 MW in Raigarh in Chhattisgarh, they said. "It has transpired that the accused persons in connivance and in furtherance of criminal conspiracy with each other have caused wrongful gain to themselves and wrongful loss to the banks to the tune of Rs 1,964 crore apart from interest dues from

CBI files 2 cases on Varun Industries in Rs 388 crore fraud in two banks

The CBI has registered two separate cases against Varun Industries for alleged bank fraud of more than Rs 388 crore, officials said Wednesday. The company, its promoters and directors Kailash Agarwal and Kiran Mehta were booked in the two fresh cases registered on separate complaints from the Central Bank of India and Canara Bank, they said. The Central Bank of India has alleged that it has suffered a loss of Rs 269.29 crore, while Canara Bank pegged the losses to be around Rs 118.88 crore, they said. "The accused company had availed PCL facilities for the export of steel and kitchenware items, but it was revealed that at least on three occasions, the beneficiaries of Packing Credit Limits (PCL) were not dealing with the steel and kitchenware items," the FIR pertaining to Canara Bank said. In its FIR registered on the complaint of Canara Bank, the Mumbai unit of the CBI's Banking Securities and Fraud Branch noted that the proceeds in the PCL facilities were diverted to other ...

CBI arrests Canada-based businessman in defence espionage case: Official

The CBI has arrested a Canada-based businessman in connection with a defence espionage case in which a journalist and a former Navy commander were held in May, officials said on Tuesday. Rahul Gaggal, a businessman who had taken Permanent Residency in Canada in 2019, was arrested in the case when he landed here on Monday, they said. He has been sent to four days of custody of the Central Bureau of Investigation (CBI) by a special court, the officials said. The agency had earlier arrested freelance journalist Vivek Raghuvanshi and former Navy commander Ashish Pathak for allegedly collecting sensitive information on defence matters and passing them on to foreign intelligence agencies In its charge sheet filed before a special court here last month, the CBI had named Raghuvanshi and Pathak as accused in the alleged violation of the Official Secrets Act and related offences, the officials said. Raghuvanshi and Pathak were arrested on May 16.

CBI books bank officers, GTIL in Rs 4,000 cr loan fraud case: Officials

The CBI has conducted searches at the office of GTL Infrastructure Ltd (GTIL) in Mumbai after registering an FIR against it and unidentified officials of banks in a loan-fraud case of more than Rs 4,000 crore, officials said on Tuesday. The officials of 13 banks are under the agency's scanner for allegedly assigning Rs 3,224 crore dues of the company to an asset reconstruction firm for Rs 1,867 crore without attempting to secure their loans from collateral securities, they said. They were part of the negotiations related to the outstanding loans of GTIL, the officials said. The banks are Union Bank of India, Central Bank of India, Indian Overseas Bank, Bank of Baroda, ICICI Bank, Punjab National Bank, Oriental Bank of Commerce, Andhra Bank, Bank of India, axis Bank, State Bank of India, United Bank of India and Dena Bank, they said. The Central Bureau of Investigation (CBI) registered the case after a preliminary inquiry in which it surfaced that GTIL, promoted by Manoj Tirodkar, w

Coal scam: CBI seeks maximum punishment for ex-steel ministry official

The CBI has sought before a Delhi court seven-year jail term for a former official of the Ministry of Steel, who has been convicted in a case related to alleged irregularities in the allocation of a coal block in Chhattisgarh. The central probe agency on Saturday urged Special Judge Arun Bhardwaj to hand over maximum punishment of seven years to Gautam Kumar Basak, former executive secretary, JPC (Joint Plant Committee), Ministry of Steel. The CBI told the court that the convict did not deserve any leniency, claiming he had committed a very serious offence. The judge will pronounce the sentence in the matter on August 22. In the 14th conviction in the coal scam, the judge on August 18 held Basak guilty of corruption in the allocation of Vijay Central Coal Block. According to the prosecution, an allegation was made against Prakash Industries Ltd., which had applied for the coal block in January 2007, that it had furnished false information about its capacity. The ministry had dire

SC to hear Rahul Gandhi's appeal against Gujarat HC verdict on July 21

From refusing to pass directions to prohibit the slaughter of cow to reserving verdict on the rules of game for judoicial appointment, here's a list of important developments in the apex court today