New Delhi: Over 48 hours since the Bijapur encounter in Chhatisgarh, government sources now concedes that those killed could have been innocent villagers.
One CRPF Cobra jawan and seven villagers, including three children, were killed in the encounter at Ehadsameta village of Bijapur district in Chhattisgarh late Friday night.
CRPF and state police involved in the operation had initially claimed that the encounter was genuine but now sources in the Home Ministry suggest that the villagers might have been caught in the cross fire and killed by mistake.
Meanwhile, villagers claim they had gathered for the seed festival when CRPF indiscriminately fired at them....
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08:06 AM, May 21, 2013
Over 48 hours since the Bijapur encounter, the government has conceded that those killed were innocent villagers, not Naxals. One COBRA personnel and seven villagers were killed in an encounter at Ehadsameta village of Bijapur district in Chhattisgarh late Friday night. CRPF and state police involved in the operation had initially claimed that the encounter was genuine. ...
12:57 AM, May 21, 2013
Raipur: The Chhattisgarh government on Sunday ordered a judicial inquiry into Friday night's encounter between security forces and suspected naxals near Edasmeta village in Bijapur district, in which eight villagers were killed. The locals alleged today that the encounter was fake. A commission headed by Justice VK Agrawal, which is already probing the encounter with Maoists at Sarkeguda in Bijpaur district on June 28-29, 2012, will conduct inquiry into this...
10:44 PM, May 19, 2013
New Delhi: In yet another incident of civilian causalities during police action; eight villagers, including three children, were killed in an alleged encounter between security forces and the ultras in Naxal-affected Bijapur district in southern Chhattisagrh. Police claim they don't have any information that the dead are innocent civilians and that they will investigate the matter. Earlier they had said that Naxals are among those killed in the gun battle....
04:31 PM, May 19, 2013
Mumbai: Amid allegations of cooperative banks being used as conduits for money laundering, NABARD, which jointly regulates such lenders, has said that it has found no shortcoming pointing towards any such activity. "Every year we do an inspection and we have not found anything like that," National Bank for Agriculture and Rural Development's (NABARD) chairman Prakash Bakshi told reporters over the weekend, when asked about the recent controversy over money...
02:22 PM, May 19, 2013
New Delhi: Eight villagers, including 3 children, and a securityman of elite Cobra battalion were killed in an encounter between security forces and the ultras in Naxal-affected Bijapur district in southern Chhattisagrh. Police say suspected Naxals are among those killed in the gunbattle late on Friday. "Eight villagers, including suspected Naxals died, apart from one security personnel, in cross-firing between security forces and Maoists late on Friday night in the...
11:48 AM, May 19, 2013
Raipur: Eight villagers, including suspected Naxals and a securityman of elite COBRA battalion, were killed in a gun battle between security forces and the ultras in Maoist-affected Bijapur district in southern Chhattisgarh on Saturday. "Eight villagers, including suspected Naxals died, apart from one security personnel, in cross-firing between security forces and Maoists late on Friday night in the forest near Edesmeta village (under Gangalur police station)," Additional Director General of...
10:20 PM, May 18, 2013
Jamshedpur: At least two Maoists were killed and three jawans got injured in an encounter between the ultras and the security forces in a forest in Seraikela-Kharswan district in Jharkhand, police said on Tuesday. Earlier police had said one Maoist was killed and two jawans were injured in the encounter on Monday. "At least two Maoists were killed while three jawans suffered injury in the encounter that lasted over one...
02:21 PM, May 14, 2013
Jharkhand: One Maoist was killed and two security men were injured on Monday in an encounter in Jharkhand. Police officials said they received a tip-off that Maoists were about to assemble in the forest whereupon the police, COBRA and CRPF forces rushed to the spot. The Maoists fired on seeing the personnel, triggering a gun fight. The encounter took place in a forest between Kalerango and Chatnibeda villages under naxal-affected...
07:29 AM, May 14, 2013
New Delhi: The Reserve Bank of India is probing the Cobrapost sting operation on alleged money laundering by top banks. The RBI report has revealed major irregularities in top banks. The report shows string of violations on several counts. Sources say the RBI report reveals dummy PANs, unknown NRO IDs, unauthorised gold sale, rampant non-compliance of KYC norms and irregular staff trips. Sources say the RBI probe into ICICI Bank...
01:14 PM, May 13, 2013
Srinagar/Chandigarh: Amid fresh allegations of money laundering by banks, RBI and several banks on Thursday said actions are being taken against erring institutions and employees for violating prudential banking norms. The central bank has already completed investigations against banks and would take action against guilty institutions, RBI Governor D Subbarao said in Srinagar. "We have done investigations, we have prepared an internal report. There are processes to be followed to...
10:32 PM, May 09, 2013
Chandigarh: Bank officials' advices of splitting deposits to evade taxes, as exposed in a sting operation by an online news portal, are "undesirable loose talks" but there is no apparent criminality, SBI Chairman Pratip Chaudhuri said on Thursday. "Prima facie, things that have come to our notice it looks (that) there is no criminality in the sense that somebody has suggested splitting up your deposits, say Rs 50 lakh into...
09:45 PM, May 09, 2013
Srinagar: The Reserve Bank of India (RBI) on Thursday said it has completed investigations against banks following the Cobrapost expose and will take action if they are found guilty of violating prudential banking norms. "We have done investigations, we have prepared an internal report. There are processes to be followed to take investigations to its logical closure...The first is action against individual institutions who are involved in practises which are...
02:50 PM, May 09, 2013
Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
11:34 PM, May 06, 2013
As many as 23 public and private sector banks and insurance companies were on Monday accused of "running a nation-wide money laundering racket" by online portal Cobrapost, prompting the Finance Ministry and regulator IRDA to initiate independent investigations into the matter. ...
11:31 PM, May 06, 2013
CNBC TV18's Akanksha Sethi spoke to State Bank of India's chairman Pratip Chaudhary over the latest expose by Cobrapost revealing money laundering operations at SBI and other public sector unit banks. ...
09:48 PM, May 06, 2013
New Delhi: As many as 23 public and private sector banks and insurance companies were on Monday accused of "running a nation-wide money laundering racket" by online portal Cobrapost, prompting the Finance Ministry and regulator IRDA to initiate independent investigations into the matter. In its second expose, Cobrapost accused country's leading banks and insurance companies of "running a nation-wide money laundering racket, blatantly violating laws of the land". Those named...
09:48 PM, May 06, 2013
Part Two of the Cobrapost investigation on money laundering methods used by banks focused on 23 major public sector banks and financial institutions. This included the State Bank of India as also the Life Insurance Corporation. ...
09:34 PM, May 06, 2013
Part Two of the Cobrapost investigation on money laundering methods used by banks focuses on 23 major public sector banks and financial institutions. This includes the State Bank of India as also the Life Insurance Corporation. ...
07:33 PM, May 06, 2013
Special Investigations website Cobrapost has revealed that 23 banks and insurance companies have been engaged in money laundering. Among the 23 banks involved are mostly PSU banks including some big names like the State Bank of India, Bank of Baroda, Punjab National Bank, Canara Bank, IDBI, Oriental Bank and Dena Bank. Aniruddha Bahal, editor-in-chief, Cobrapost.com, joined IBNLive readers for an interaction on the matter. Q. Hats off to you and...
06:39 PM, May 06, 2013
