Patna: A local court on Friday rejected the bail application of Pune-based businessman Hasan Ali Khan in a fake passport case. Judicial Magistrate Sunil Kumar passed the order summarily rejecting the bail plea of Khan.
The police had last week submitted a charge sheet in the court hearing the fake passport case against the businessman, who is presently lodged in a jail in Mumbai. A case was lodged against Khan under various sections of the IPC and sections 10(3) and 12(1) of the Passport Act in December 2010 by a passport official here after it was detected that the former had been issued passport by the regional office on the basis of fake documents.
Khan had got the passport issued for himself by the regional passport office in 2010 on the basis of false information about his family members, fabricated birth certificate, residential address and ration card. The Pune-based businessman is also an accused in money laundering and tax evasion cases.
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09:56 PM, Apr 12, 2013
Yoga guru Ramdev on Saturday alleged that the CBI has become a tool in the hands of Congress that it is being used against Opposition leaders. "CBI has become a tool in the hands of Congress and is working like Congress Bachao Institution. The politicisation of CBI is most unfortunate and Congress is using it against people who are opposed to the Congress," Ramdev told reporters in Hisar. ...
12:45 AM, Mar 31, 2013
Private banks are in damage control mode after their employees were shown aiding money laundering in a sting operation by online magazine Cobrapost. While ICICI Bank has suspended 18 employees pending an investigation, HDFC Bank says it has ordered a probe by independent agencies on the expose. ...
03:49 PM, Mar 16, 2013
The Financial Intelligence Unit (FIU) of the Finance Ministry will probe an alleged sting operation conducted by an online portal claiming that the country's three large private banks indulged in money laundering both within and outside India. The FIU will also provide information in this regard to the Income Tax department which has already begun a probe into the contents of the sting operation, a senior I-T official said on...
11:39 PM, Mar 14, 2013
Top private sector lenders ICICI Bank, HDFC Bank and Axis Bank said they were investigating allegations of widespread money laundering practices at their branches. The shares of the banks fell briefly on Thursday after the independent investigative journalist, Aniruddha Bahal, made the accusations in a news conference televised by a local TV station in the morning. ...
10:35 PM, Mar 14, 2013
Every rule laid down by the Reserve Bank of India has a possible loophole - that's what the bankers exposed by the Cobrapost sting claimed. ...
10:09 PM, Mar 14, 2013
A sting operation conducted by Cobrapost across various branches of private financial institutions, including HDFC, ICICI and Axis banks showed how bank employees were helping customers convert black money into white. ...
08:36 PM, Mar 14, 2013
The Central Board of Direct Taxes (CBDT) on Thursday ordered a probe into the expose done by online magazine Cobrapost that revealed employees of private banks involved in money laundering operations. The sting operation conducted across various branches of private financial institutions like HDFC, ICICI and Axis banks revealed how their employees were accepting black money from customers to convert them into white money. Cobrapost claims that the nationwide operation...
06:50 PM, Mar 14, 2013
ICICI Bank has in a quick response to money laundering allegations in a Cobrapost sting operation said that the bank launched an investigation into the matter and that a committee will submit its report in two weeks on the issue. ...
11:00 AM, Mar 14, 2013
A sting operation conducted by online magazine Cobrapost across various branches of private financial institutions has revealed how bank employees are accepting black money from customers to convert them into white money. ...
10:37 AM, Mar 14, 2013
Washington: The Indian economy suffered $1.6 billion in illicit financial outflows in 2010, capping-off a decade in which it experienced black money losses of $123 billion, according to a new report. India is ranked as the decade's 8th largest victim of illicit capital flight behind China, Mexico, Malaysia, Saudi Arabia, Russia, the Philippines, and Nigeria, respectively in the report by Global Financial Integrity, a Washington-based research and advocacy organization. Titled...
10:27 AM, Dec 18, 2012
New Delhi: Sacked Uttarakhand Minorities Commission chief Sukhdev Singh Namdhari's son Surinder and his maternal uncle Hardayal are still untraceable even as police sources claim that the duo holds several clues to the unravelling of the sensational double murder case of liquor baron Ponty Chadha and his brother Hardeep Singh. Sources have told IBN7 that Namdhari is the mastermind of the murders of Ponty and Hardeep. They say that Namdhari...
12:56 PM, Nov 30, 2012
New Delhi: The Income Tax department has decided to begin prosecution action against those having "substantial" amounts in their bank accounts in HSBC's Geneva branch. The department has now written to the Finance Ministry to suggest a benchmark for funds held on the basis of which the I-T department can initiate legal action for tax evasion and tax theft. Top sources said a benchmark of about Rs 5 crore is...
03:53 PM, Nov 28, 2012
New Delhi: The Income Tax department, probing the secret list of account holders in the Geneva branch of HSBC bank, has approached Swiss revenue authorities for banking data of certain individuals after investigations showed some of them reportedly had other accounts under fictitious names. The department, which approached the Finance Ministry and the Central Board of Direct Taxes (CBDT) in this regard recently, has initiated the step in order to...
11:30 AM, Nov 18, 2012
Has Arvind Kejriwal raised serious questions about black money and money laundering? ...
11:29 PM, Nov 12, 2012
New Delhi: A former Swiss bank employee has claimed that several politicians, cricketers and internationally well-known people have black money in the Swiss banks. Rudolf Elmer, who gave WikiLeaks the black money list told CNN-IBN that he did not sell any data to the Indian government. Speaking via Skype, Elmer said, "There are politicians, cricket players, international well-known people who are part of that sort of information." Meanwhile, the government...
07:28 AM, Nov 11, 2012
New Delhi: A former Swiss bank employee has claimed that several politicians, cricketers and internationally well-known people have black money in the Swiss banks. Rudolf Elmer, who gave WikiLeaks the black money list told CNN-IBN that he did not sell any data to the Indian government. Speaking via Skype, Elmer said, "There are politicians, cricket players, international well-known people who are part of that sort of information." Meanwhile, the government...
07:28 AM, Nov 11, 2012
New Delhi: India Against Corruption activist-turned-politician Arvind Kejriwal on Saturday interacted with netizens and answered their questions on Google+ Hangout. The one-hour session began at 8 pm India time and was aimed at interacting with non-resident Indians (NRIs) in particular. Members of the IAC said on Saturday that they had been receiving a lot of queries from NRIs ever since Kejriwal announced that he will be forming a political party....
08:00 PM, Nov 10, 2012
New Delhi: India Against Corruption (IAC) activist-turned-politician Arvind Kejriwal has refused to accept the government's statement that explained that a probe had been initiated into the information provided by the government of France regarding several Indians who had accounts in foreign banks. Speaking to reporters, Kejriwal said he had five questions for the government. "Do you agree that the names and the amounts, that we disclosed, are there in the...
06:44 PM, Nov 10, 2012
New Delhi: The government on Saturday countered India Against Corruption (IAC) activist Arvind Kejriwal's claims that it is not acting on the alleged black money list handed over by the French government in 2010. In a statement, the government said that the information received from the French government had been analysed and investigations were being carried out by different authorities under the Income Tax Act. "Information was received in June,...
04:19 PM, Nov 10, 2012
