New Delhi: Former Comptroller and Auditor General Vinod Rai has dismissed the criticism of the 2G loss report. In his first TV interview after retirement, he told Karan Thapar that the CAG's coalgate report is based on facts. He said the CAG has been conservative in calculating the coalgate losses and followed all guidelines and norms while calculating the 2G loss. He said he is not worried about the negative...
01:28 PM, May 30, 2013
New Delhi: The Central Bureau of Investigation has sought Anil Dhirubhai Ambani Group (ADAG) chairman Anil Ambani and his wife Tina to depose as witnesses in the ongoing 2G scam trial. A Times of India report says the CBI wants the Ambanis in the ongoing trial in a special court in Delhi. The couple are among 17 new witnesses that the investigative agency wants to examine. The CBI wants to...
08:09 AM, May 30, 2013
Kolkata: Assam Congress leader Matang Sinh has been questioned in connection with the Saradha chit fund scam. The police are probing money links between the main accused in the scam Sudipta Sen and Matang Sinh. Sen had named Matang Sinh and his wife Manoranjana Sinh in his letter to the Central Bureau of Investigation. He had alleged that Matang took Rs 28 crore from him to buy a stake in...
03:50 PM, May 29, 2013
Bokaro: More than a month after the Sharada chit fund scam was exposed in West Bengal, CNN-IBN has found chit fund schemes mushrooming in Jharkand as well. Fraudulent companies are swindling Rs 100 crore per month in the state. It is hard to believe that a deserted office in the industrial town of Bokaro in Jharkhand has a monthly collection of over Rs 20 lakh. Jharkhand is the new haven...
11:37 AM, May 29, 2013
New Delhi: CBI on Tuesday moved a Delhi Court seeking permission to place on record a CD of 62 intercepted telephonic conversations of former corporate lobbyist Niira Radia with various persons in connection with the 2G spectrum allocation case. Special Public Prosecutor UU Lalit said out of the 62 taped conversations, the agency has already submitted the transcripts of 12 conversations and sought special CBI court's permission to place on...
07:05 PM, May 28, 2013
Canning (WB): Sudipta Sen, the chairman of Saradha Group, which allegedly defrauded thousands of small investors, and two others, were on Tuesday sent to judicial custody till June 3 in cases related to cheating by a court at Baruipur in South 24 Parganas district. Sudipta Sen along with Saradha director Debjani Mukherjee and Arvind Singh Chouhan, who looked after the group's operations in Jharkhand, were produced before the court of...
06:45 PM, May 28, 2013
New Delhi: Former corporate lobbyist Nira Radia appeared in a Delhi court on Tuesday as a key prosecution witness in the 2G spectrum case. In her deposition, Radia said that although Tata was first in line for 2G licences for the Delhi circle, the company did not win the bid. Radia said this happened despite the Department of Telecom advising Tata Teleservice verbally that it would be granted spectrum as...
01:39 PM, May 28, 2013
New Delhi: Former corporate lobbyist Nira Radia, a key prosecution witness in the 2G spectrum allocation scam, appeared in a Delhi court on Tuesday to testify. Radia, who was scheduled to appear in court on December 5, 2012, to testify as a CBI witness, had sought three months' time on the grounds that she had undergone a surgery for a neurological ailment. The CBI had submitted in the first week...
10:37 AM, May 28, 2013
Bangalore: The CBI probing the alleged multi-crore iron ore scam on Monday filed its chargesheet against former minister and mining baron G Janardhana Reddy and six other accused in the case. The chargesheet running into 15,000 pages was filed before the CBI Special Court Judge Shreedshananda. Apart from Reddy, S Muthaiah, then Deputy Conservator of Bellary Forest; SP Raju, the then Deputy Director of Hospet Mines and Geology Department; Reddy's...
10:33 PM, May 27, 2013
New Delhi: Arrested CBI SP Vivek Dutt, a key member of the coalgate scam probe, and three others were on Monday remanded to judicial custody till June 7 by a Delhi court in connection with a corruption case lodged against them. The four arrested accused -- Dutt, CBI inspector Rajesh Chandra Karnatak, alleged middleman Rajesh Pachisia and businessman Dinesh Chand Gupta -- were produced before the court after expiry of...
03:44 PM, May 27, 2013
Bhubaneswar: Police in Odisha have begun investigations into allegations linking some mediapersons and builders with a chit fund group after prima facie that there were financial transactions between them, an official said Monday. The commissionerate of police here is examining the bank accounts and other relevant documents of about 25 people, including some builders and media people, after Pradip Sethi, the head of Artha Tatwa (AT) Group, who was arrested...
02:50 PM, May 27, 2013
Gurgaon: Haryana Chief Minister Bhupinder Singh Hooda on Sunday visited former chief minister and INLD chief Om Prakash Chautala in a hospital in Gurgaon to inquire about his health. The Indian National Lok Dal (INLD) leader has been admitted to Medanta Medicity hospital with a heart problem, an official spokesperson said. On reaching the hospital, Hooda first went to the 15th floor and inquired about the health of Congress leader...
05:32 AM, May 27, 2013
New Delhi: Hours after its spokesperson demanded resignation of Indian cricket board chief N Srinivasan over his son-in-law's name figuring in the investigations into the IPL spot fixing scandal, the Nationalist Congress Party (NCP) Friday sought to distance itself from the demand. Nationalist Congress Party (NCP) spokesperson DP Tripathi on Friday told reporters that Srinivasan should resign as chief of the Board of Control for Cricket (BCCI) in India. Tripathi...
01:15 AM, May 25, 2013
BCCI chief N Srinivasan is under tremendous pressure to step down as his son-in-law is being probed in the IPL betting scam. ...
10:42 PM, May 24, 2013
New Delhi: CBI has not been able to make any substantial recovery of cash or valuables from the office and residence of its Superintendent of Police Vivek Dutt, who was probing the high-profile coal block allocation scam when he was arrested under graft charges, sources claimed. The agency has deputed Vidhi Kumar Birdi, a 2003 batch IPS officer from Jammu and Kashmir cadre, to replace Dutt in the coal block...
09:42 PM, May 24, 2013
Mumbai: Senior BJP leader Prakash Javadekar on Friday alleged that irregularities in allocation of offshore mineral blocks to private firms point to a mega scam that dwarfs all "scams" under the watch of UPA so far. "Unlike petrol and oil blocks, allocation of these 37 offshore mineral blocks was not done in transparent manner. This particular scam will break all previous records. We will reveal details of the scam next...
08:16 PM, May 24, 2013
Kolkata: The West Bengal government has acquired two television channels - Tara Muzik and Tara News - which were previously owned by the Saradha Group. The two channels had to be shut down following the Saradha chit-fund crisis. Announcing the decision, Chief Minister Mamata Banerjee told reporters at Writers' Buildings that the decision was taken following appeal by employees of Tara News and Tara Muzic channels for government intervention. The...
05:11 PM, May 23, 2013
Kolkata: It has been a month since Sharada chit fund scam accused Sudipta Sen was arrested. The scam has driven at least eight people to suicide, lakhs of investors lost their life savings and hundreds of agents have fled their homes. An SIT to probe the case was announced and a Rs 500-crore package was announced. But one month on, questions are being raised about the pace of investigation and...
11:29 AM, May 23, 2013
New Delhi: Former Haryana Chief Minister Om Prakash Chautala will be released from jail on Thursday after the Delhi High Court granted him an interim bail for six weeks to undergo a heart surgery. Chautala, 78, is serving prison time for his involvement in the 2000 teachers' recruitment scam. The Indian National Lok Dal (INLD) chief was asked to furnish a personal bond of Rs 5 lakh along with two...
07:34 AM, May 23, 2013
New Delhi: Amidst allegations of corruption in allocation of telecom spectrum and coal mines, Prime Minister Manmohan Singh on Wednesday promised to punish wrongdoers and said future allotment of scarce natural resources will happen only through auction. UPA II government has faced plethora of corruption charges in allocation of 2G spectrum when A Raja was the Telecom Minister and in allocation of coal blocks when Singh himself held the charge...
01:23 AM, May 23, 2013
