Washington: Bharatiya Janata Party would make public the names of 800 Indian account holders in Swiss Banks if it comes into power in the 2014 general elections, senior party leader Yashwant Sinha has said. "Of course, we will do. Of course, we will do," Sinha told a small audience at an event organised by a recently formed Washington-based Indian American think-tank Foundation for India and Indian Diaspora Studies (FIIDS). "Will...
05:53 PM, May 30, 2012
New Delhi: The CBI on Wednesday summoned YSR Congress chief Jaganmohan Reddy in connection with the disproportionate assets case. This is the first time that the MP has been summoned. Jagan had moved a petition in Andhra Pradesh High Court requesting exemption since he is not available due to the on-going election campaigning but the court rejected his petition. Jagan now has to appear before the CBI for questioning on...
06:14 PM, May 23, 2012
HYDERABAD: Tightening its noose around Kadapa MP YS Jagan Mohan Reddys neck, the CBI on Tuesday reportedly froze the bank accounts of his three companies - Jagathi Publications Pvt Limited, which publishes Saakshi Telugu newspaper, Indira TV, promoter of Saakshi TV, and Janani Infrastructure Ltd, which owns the premises used by both Jagathi Publications and Indira Television.The charge against the three companies is that huge amounts of money were invested...
11:19 AM, May 09, 2012
New Delhi: The CBI has frozen the accounts of Sakshi TV and other media houses owned by Kadapa MP YS Jaganmohan Reddy. This as part of the probe against the Andhra Pradesh leader in an alleged disproportionate assets case. The CBI has approached banks for freezing accounts of Jagati Publications and Indira TV owned by Jagan. The move by the agency comes a day after a special CBI court in...
01:29 AM, May 09, 2012
New Delhi: In a development that will boost the fight against black money menace, Switzerland has agreed to provide details of secret bank accounts of individuals sought by India even on the basis of limited information. Under a mutual agreement reached on April 20 between the two countries, Switzerland has agreed to give liberal interpretation to the provisions concerning identities of Indian citizens. "... it is sufficient if the requesting...
03:07 PM, Apr 30, 2012
Mumbai: Tax authorities have warned top Indian carrier Jet Airways its bank accounts will be frozen if it does not clear outstanding dues of about 690 million rupees, local media reported on Sunday. "They have 24 hours to make the payment, failing which their accounts will be frozen," SK Goel, chairman of the Central Board of Excise and Customs, was quoted by the Business Standard newspaper as saying. In a...
01:31 AM, Mar 12, 2012
New Delhi: Two foreigners were arrested in the capital for allegedly hacking the bank account of a confectionery company in New Delhi and fraudulently withdrawing about Rs 16 lakh. A laptop, mobile phone, fake South African passport and Indian Visa and other materials were recovered from Evans Ukah Mendi (34), who is from Cameroon, and William Tambo (37), hailing from South Africa, police said on Monday. On February 29, a...
09:33 PM, Mar 05, 2012
New Delhi: The bank accounts of national career Air India were on Thursday frozen for not paying service tax. The bank accounts were frozen by the Central Board of Excise and Customs for non payment of service tax amounting up to Rs 25 crore. However, Air India has claimed that negotiations are on to sort out the issue. This is the second time in two months that Central Board of...
10:27 PM, Jan 12, 2012
New Delhi: In order to guard against possible leakage of names figuring in the secret bank accounts lists it has received from foreign shores, the CBDT has ordered the IT department to obtain a signed undertaking from any government entity or department who demands the data for their own probe. The Central Board of Direct Taxes (CBDT) fears that if these names are leaked and they are publicised, global financial...
12:30 PM, Jan 08, 2012
New Delhi: Scam-tainted Adarsh Cooperative Housing Society of Mumbai was on Friday allowed by the Supreme Court to open a bank account in a nationalised bank for raising money for day-to-day functioning. A Bench comprising justices HL Dattu and CK Prasad gave conditional permission to the Society directing it to submit monthly statement of the accounts to CBI. The order was passed after the Society filed an affidavit stating that...
07:56 PM, Dec 09, 2011
BJP MP Varun Gandhi filed a RTI on Friday saying that the government needs to name the MPs who have Swiss bank accounts. ...
01:53 PM, Nov 04, 2011
Mumbai: The Bombay High Court on Wednesday dismissed a petition filed by the controversial Adarsh Housing Society seeking de-freezing of its bank accounts. The CBI had in January frozen two bank accounts of the Society after registering a case against 14 accused including several members of the society. A division bench of justices Ranjana Desai and RV More was hearing a petition filed by the Society seeking de-freezing of its...
11:50 AM, Jul 27, 2011
New Delhi: The Corporate Affairs Ministry has asked the Registar of Companies (RoC) to inspect the books of accounts of the controversial multi-level marketing company Speak Asia and submit its report to the government by July 10. The Singapore-based company Speak Asia, which is yet to be incorporated as a company in India, would be inspected under section 591 of the Companies Act, which is applicable on companies incorporated outside...
05:35 PM, Jul 03, 2011
New Delhi: Multi-level marketing company Speak Asia on Tuesday said it has received funds from Singapore-based United Overseas Bank, which closed the entity's account last month. "We wish to also inform that more than $16 million is available for use and disbursal as soon as a new account is opened and the banking partner is identified," Speak Asia said in a statement. "We have begun preparing for disbursal of these...
09:41 PM, Jun 07, 2011
Mumbai: Market research company Speak Asia has stopped payouts to its vendors, clients and staff. In a letter to its members, Speak Asia says payments cannot be processed since its bank accounts in Singapore have been frozen. CNN-IBN had first reported how the market research agency is under the scanner for allegedly misleading subscribers. The Ministry of Company Affairs has ordered a probe into the company and its practices. Speak...
01:41 PM, May 27, 2011
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