Page 31 - Cbi

YES Bank-DHFL scam: Court says nation is victim, denies bail to realtor

A special CBI court here has denied bail to Pune-based builder Avinash Bhosale in connection with a case pertaining to the Yes Bank-DHFL scam, saying the nation is the victim of cheating and criminal conspiracy. The court said that prima facie Bhosale's involvement in this serious economic offence is deep-rooted. While Special Judge M G Deshpande denied bail to Bhosale on June 23, the detailed order was available on Tuesday. The court said that Yes Bank's money, which is basically public money and the wealth of the nation, was usurped. The bank was cheated by wisely hatching criminal conspiracy by accused persons. Money of Yes Bank is the wealth of the Nation. Nation is victim of this offence of cheating and criminal conspiracy, the court said, declining to give relief to Bhosale. The special judge said that the way the fraud was committed, granting bail to the applicant (Bhosale) is not safe and there is every possibility of spoiling the case by tampering with the evidence and ..

CBI files charge sheet against Era Housing in Rs 331 cr cheating case

A special court has given the go-ahead to start the trial in the Rs 331-crore loan fraud in IFCI against builder Era Housing and Developers and its directors after the CBI filed a charge sheet, officials said Tuesday. The CBI had filed the charge sheet against the company and its authorised representative Delhi-based industrialist Hem Singh Bharana besides 13 other entities including companies and individuals, they said. Taking cognisance of the charge sheet filed by the CBI, the special court has summoned all the accused for August 14 for initiating the trial, they said. The central probe agency has charged Bharana and the other accused under IPC sections related to criminal conspiracy, cheating and others. The agency has alleged that all the accused dishonestly induced IFCI Ltd. to disperse the term loan by submitting misleading facts and wrong CA Certificates. It alleged that as part of the conspiracy, they diverted the term loan funds for a purpose other than it was ...

BJP harasses industrialists who want to make donations to Cong: Gehlot

Rajasthan Chief Minister Ashok Gehlot on Monday alleged that the BJP alone takes donations for elections and harasses industrialists who want to donate to Congress. Gehlot also accused the BJP-ruled government at the Centre of misusing central agencies like Enforcement Directorate (ED), Income Tax department and the CBI. "BJP alone takes donations in elections and is not letting others take donations. They harass industrialists who want to donate to Congress," the Chief Minister said addressing a public meeting after visiting an inflation relief camp in Dungarpur. Highlighting the schemes and programmes of his government, Gehlot said that none of the state government schemes were launched with elections in mind. He also requested people to vote for the Congress party in the upcoming Assembly elections so that it can retain power in the state. Gehlot also reiterated his demand for a law on right to social security to be passed at the central government level.

Cal HC sets aside probe order into tampering with rural poll nominations

A division bench of the Calcutta High Court on Monday set aside a single bench direction to the CBI to probe into an allegation of tampering with documents and misrepresenting information provided in nomination papers of two panchayat poll candidates in Howrah district. The court, however, directed the West Bengal police to inquire into the matter under the supervision of a one-man commission of Justice (retd) Debiprosad Dey. The order of the division bench presided by Justice Arijit Banerjee came on an appeal by the state government challenging the direction of the single bench for CBI investigation. The police were directed by the division bench to file a report on the enquiry after three weeks before the single judge, before whom the petition was initially moved. Panchayat elections, however, are scheduled to be held in West Bengal on July 8. Justice Amrita Sinha had on June 21 directed the CBI to probe the allegations by July 5 and to file a report before the court on July 7.

Arms, ammunition 'looted' from armouries: CBI visit crime scenes in Manipur

The special investigation team (SIT) of the CBI probing Manipur violence cases and forensic experts from the CFSL have visited the scenes in Imphal and Churachandpur linked to the alleged loot of arms and ammunition from armouries, officials said on Friday. The team faced protests from locals near Pangei when a group of women put up a roadblock. But it managed to complete its work and return safely on Thursday, the officials said. During the course of the investigation, the CBI team and the experts from the Central Forensic Sciences Laboratory (CFSL) visited the crime scenes at the Manipur Police Training College (MPTC) at Pangei, besides Naoremthong, located close to the NG Collge near Imphal, they said. The forensic experts collected samples and took photographs at the MPTC. A mob allegedly made off with a huge cache of arms and ammunition from the MPTC armoury on May 3, the officials said. The SIT also visited Churachandpur in connection with the investigation of a case related

CBI raids in 3 cities against IL-FS Energy Development Company Limited

The CBI conducted searches in three cities after registering an FIR against IL&FS Energy Development Company Limited in connection with an alleged fraud of Rs 100.30 crore in Punjab National Bank, officials said on Friday. The Central Bureau of Investigation (CBI) has booked the company and its directors for alleged criminal conspiracy, cheating and under provisions of the Prevention of Corruption Act for diversion of funds and other irregularities in the utilisation of loans availed from the bank. "The CBI has conducted searches at office and residential premises of accused including the private company at New Delhi, Dehradun (Uttarakhand) and Mumbai (Maharashtra), etc. which led to recovery of incriminating documents/articles etc.," a CBI spokesperson said. It was alleged that the accused entered into a conspiracy to cheat Punjab National Bank (erstwhile e-United Bank of India), he said. "In pursuance of the said conspiracy, the accused misappropriated the sanctioned credit ...

Why no coercive action order against Wankhede should be vacated: HC to CBI

The Bombay High Court on Friday asked the CBI to stop playing hide and seek after the agency sought vacation of an earlier order granting interim protection to IRS officer Sameer Wankhede in the Cordelia cruise drug bust' bribery case. A division bench of Justices A S Gadkari and S G Dige rebuked the Central Bureau of Investigation (CBI) for claiming that they may want to arrest Wankhede in future if he does not cooperate in their probe but not telling the court if it has reached the conclusion that his arrest is required. The bench said the CBI's arguments were creating serious doubts in the minds of the court. It also directed the agency to produce its case diary on the next date of the hearing June 28 to show the progress in the investigation. The CBI had sought vacation of an earlier order passed by the court directing that no coercive action be taken against Wankhede, the former zonal director of the Narcotics Control Bureau (NCB). Indian Revenue Service (IRS) officer Wankhe

CBI registers 2 cases against IL & FS subsidiaries for defrauding banks

The Central Bureau of Investigation (CBI) has registered two separate cases against IL & FS subsidiaries and its directors for allegedly duping banks to the tune of Rs 120.03 crore.The FIR accessed by ANI reads that the general manager of Punjab National Bank registered a complaint with CBI alleging that the borrower Company IL & FS Energy Development Company Ltd. (IEDCL) and its Directors, namely, Hari Sankaran, Late Ravi Parthasarathy (since died), Ramesh Chander Bawa, Arun Kumar Saha, Sunil Kumar Wadhwa and Anoop Seth and another unknown private person (s) and unknown public servant(s) entered into a criminal conspiracy to cheat Punjab National Bank (e- United Bank of India) and the accused persons misappropriated the sanctioned credit facilities by way of cheating, utilization of loan funds contrary to the sanction terms and conditions, diversion of sale proceeds to related/ sister concern companies, etc. and thereby caused wrongful loss to the tune of Rs 100.03 Cr plus to

Delhi Police Crime Branch raids over 100 locations under Operation Kawach

Over 100 locations were raided last night by the Delhi Police Crime Branch under "Operation Kawach," as part of a massive investigation targeting drug dealers across the national capital

Balasore tragedy: No staff missing, all cooperating with CBI, says Railways

The South Eastern Railway (SER) on Tuesday clarified that none of its staff is missing or absconding and all are cooperating the CBI in its probe into triple-train mishap in Odisha

CBI court sentences ex-Syndicate Bank manager to 7 yrs of imprisonment

The Central Bureau of Investigation (CBI) court sentenced a former Syndicate bank manager to seven years of Rigorous Imprisonment (RI) in a bank fraud case.The Additional District Judge for CBI Cases sentenced former Syndicate bank manager Gunaseelan Bank to undergo seven years of Rigorous Imprisonment with a fine amounting to Rs 75,000 and three years of RI to fourteen others involved in the fraud case."Paul Johnson and A. Kumaresan (private persons), both to undergo three years RI with a fine of Rs. 20,000 each; Jesuvin Febi to undergo three years RI with a fine of Rs.30,000; R. Mahalingam, C. Arumughan, Raja Thomas, R. Murali, R. Thirupati, G. Thangarajan, R. Vadamalai, A. Jesuraj, Sharun Rashit, P. Theradimuthu & S. Sundaresan, all to undergo three years RI with fine of Rs. 60,000 each in a bank fraud case," read an official press release from the CBI.CBI had registered a case on October 1, 2010, against the accused on a complaint from Syndicate bank, Regional Office, ...

CBI books 21 senior BSNL officials for graft; searches 25 locations

The CBI on Friday conducted searches at 25 locations in connection with an FIR registered against 21 officials of the BSNL, including a former general manager, officials said. The premier investigative agency alleged that the accused officials entered into a conspiracy with a contractor to cheat the Bharat Sanchar Nigam Limited (BSNL). The CBI registered the FIR against officials of BSNL Assam Circle, including a former general manager, deputy general manager, assistant general manager, and chief accounts officer in Jorhat, Sibsagar, Guwahati and other places, they said. The FIR also mentions the name of a private person, officials said. "It was alleged that the contractor was given a work order for laying National Optical Fibre Network Cable through open trenching method at Rs 90,000 per km," a CBI spokesperson said in a statement. "It was also alleged that later on, the contractor made different pleas, including no right of way from the owner of private land, to convert the open

Tyranny of unelected: AAP MP slams TN Guv for opposing Balaji as minister

He said the recent events in Punjab, Delhi, West Bengal and Tamil Nadu have shown that some Governors are excessively overstepping their bounds

CBI files chargesheet in Rs 250-cr pulses scam after 17 years: Official

The CBI has filed a charge sheet in the infamous Rs 250-crore pulses scam involving the export of 60,000 metric tonne of pulses despite a government ban in 2006-07 nearly 17 years after a case was first registered in the matter , officials said. The agency's investigation remained stalled during the period, with letters rogatory sent to three countries failing to elicit timely responses. A letter rogatory a judicial request sent by a court to a foreign country seeking its assistance in sharing information in a case to New Zealand is still pending. In its charge sheet filed recently before a special court, the Central Bureau of Investigation named Jet King, its owner Shyam Sunder Jain, Naresh Kumar Jain, and one Prashant Sethi. It is alleged that Jet King circumvented the government ban on pulse export in collusion with some UAE-based companies by manipulating a backdated Letter of Credit issued by a Cook Islands bank. The CBI has invoked IPC sections related to criminal conspir

Tamil Nadu govt withdraws general consent to CBI to investigate in state

The move comes on a day when state Electricity and Prohibition and Excise Minister V Senthil Balaji was arrested by the Enforcement Directorate, a central probe agency, in a money laundering case

Who is T Venkattram Reddy, the man arrested by ED in money-laundering case

Reddy is the former owner and promoter of Deccan Chronicle Holdings Limited (DCHL); ED alleges that he was involved in money laundering and submitted fake documents

Narada sting operation: HC gives CBI 4 months to complete TMC MP probe

Calcutta High Court's single judge-bench of Justice Rajasekhar Mantha on Wednesday gave a deadline to the CBI to complete its probe against Trinamool Congress Lok Sabha member Aparupa Poddar

Cong highlights Railway Board member's letter, asks if CBI will probe it

Even as CBI is probing Balasore train accident, Cong raised questions on five cases highlighted in a letter by a Railway Board member and asked whether the agency will probe this too

CBI files FIR against Gujarat firm for Rs 1,518L fraud against PNB

CBI has filed an FIR against Gujarat-based Eternal Motors Pvt Ltd, its promoter and others for allegedly cheating the Punjab National Bank for an amount of Rs 1,518 lakh, an official said

Scammers steal 1.83 cr from 11 EPF accounts using Aadhaar card details

The CBI has arrested a man for allegedly altering Aadhaar card details to withdraw Provident Funds of unsuspecting persons through online claims, officials said on Monday. Delhi-based mastermind Priyanshu Kumar allegedly orchestrated the fraud with the help of his gang, where he allegedly targeted individuals whose Aadhaar cards were not linked to their PF accounts, they said. The CBI has alleged that 11 Employees' Provident Fund (EPF) members were targeted through 39 fake claims and Rs 1.83 crore was siphoned off. The agency registered a case on February 8, 2022, against seven establishments and unidentified individuals on a complaint from the Employees' Provident Fund Organization (EPFO) related to alleged fraudulent activities involving identity theft aimed at illegally withdrawing funds from the PF accounts of genuine beneficiaries. The gang allegedly registered establishments in various cities like Nagpur, Aurangabad, Patna, Ranchi, in which PF coverage was taken online withou