Page 8 - Cbi

CBI gets Centre's sanction to prosecute Lalu Prasad in land-for-jobs scam

The agency submitted the sanction before a special court on Friday, they said

Fresh cases filed against ABG Shipyard owner, others for Rs 1,688-cr fraud

The banks had declared the account a non-performing asset on March 20, 2018, after which they said Pipara and Co conducted a forensic audit

CBI files cases against former finance secy Arvind Mayaram, others

Agency searches multiple premises of the former bureaucrat in the alleged currency printing corruption case

CBI raids Pratibha Industries officials in Rs 4,957-crore loan fraud case

The account of Pratibha Industries was classified as NPA on December 31, 2017. Subsequently the accounts were also declared as fraud by the members of the consortium banks

CBI books ex-CMD of Amrapali Group in Balika Vidyapeeth murder case

The CBI has booked former chairman and managing director of Amrapali Group Anil Sharma in connection with the eight-year-old murder case of Sharad Chand, a former secretary of Bihar-based educational institution Balika Vidyapeeth, officials said. Sharma was arrested Wednesday on the Patna High Court's orders issued last month. In accordance with its procedures, the Central Bureau of Investigation (CBI) has taken over the probe into the FIR registered by the Lakhisarai police station in Bihar. Sharma, who is facing a number of bank-fraud cases, has been booked on murder charges, along with Lakhisarai-based Praveen Sinha, Shyam Sundar Prasad, Rajendra Singhania, Shambhu Sharan Singh and Anita Singh, the then principal of Balika Vidyapeeth. It has been alleged that Chand, the then secretary of Balika Vidyapeeth in Lakhisarai, who lived in the educational institution, was shot dead while he was reading a newspaper sitting in the verandah of his residence at about 6.30 am on August 2, 2

Former Amrapali CMD booked in Balika Vidyapeeth's ex-secy murder case: CBI

The CBI booked former chairman and managing director of Amrapali Group Anil Sharma on Wednesday in connection with the eight-year-old murder case of Sharad Chand, a former secretary of Bihar-based educational institution Balika Vidyapeeth, officials said. The CBI action came on the Patna High Court's orders issued last month. In accordance with its procedures, the Central Bureau of Investigation (CBI) has taken over the probe into the FIR registered by the Lakhisarai police station in Bihar. Sharma, who is facing a number of bank-fraud cases, has been booked on murder charges, along with Lakhisarai-based Praveen Sinha, Shyam Sundar Prasad, Rajendra Singhania, Shambhu Sharan Singh and then principal of Balika Vidyapeeth Anita Singh. It has been alleged that Chand, the then secretary of Balika Vidyapeeth in Lakhisarai who resided at the educational institution, was shot dead while he was reading a newspaper sitting in the verandah of his residence at about 6:30 am on August 2, 2014 b

CBI books Amrapali CMD, 8 more for Balika Vidyapeeth's ex-secy murder

CBI has filed a murder case against Amrapali Group CMD and 8 others in connection with killing of then secy of Balika Vidyapeeth in Lakhisarai, Bihar, who was shot dead on the campus in August 2014

FCI 'corruption': CBI conducts searches across 50 locations; DGM arrested

The CBI on Wednesday launched a crackdown on alleged corruption in the Food Corporation of India, conducting searches at 50 locations in Punjab, Haryana and Delhi after arresting a DGM-ranked officer, officials said. The role of officials from technical assistants to executive directors in the FCI are under the agency's scanner, they said. The searches were started after the arrest of a deputy general manager (DGM) in the FCI while taking a bribe of Rs 50,000, they said. They said the operation is spread across multiple cities in Punjab, Haryana and two locations in Delhi. The sources said the agency has started the operation against an "unholy nexus of corruption" in the FCI involving a chain of officers, rice mill owners, grain merchants etc., engaged in the procurement, storage and distribution of food grains, they said. The CBI was developing intelligence for the last six months following many complaints received by it, they said. The role of state government employees will a

Loan fraud case: CBI asked to file affidavit on Dhoot's plea against arrest

The Bombay High Court on Tuesday directed the Central Bureau of Investigation to file by Friday its affidavit in response to a petition of Videocon Group founder Venugopal Dhoot, seeking to quash an FIR registered in a bank loan fraud case, to declare his arrest as "arbitrary and illegal" and to be released on bail. When the plea came up for hearing, advocate Kuldeep Patil asked for one-week time to seek instructions on the same. A division bench of Justices Revati Mohite Dere and P K Chavan said the agency shall file its affidavit by Friday and posted the petition for hearing the same day (January 13). Advocate Sandeep Ladda, appearing for Dhoot, sought an urgent hearing and said Dhoot is suffering from "99 per cent blockage in heart". The bench said it would have to give the CBI time to file its affidavit. Two advocates - Subhash Jha and Mathew Nedumpara- sought to intervene in the matter and sought for a recall of the order passed by the same bench on Monday granting interim ba

Bank fraud case: Videocon's Dhoot moves HC against 'illegal' arrest by CBI

Videocon Group founder Venugopal Dhoot, arrested by CBI in the ICICI-Videocon bank loan fraud case, on Monday moved the Bombay High Court seeking to quash the FIR, to declare his arrest as "arbitrary and illegal" and to be released on bail. Dhoot's plea was mentioned by his advocate Sandeep Ladda in the afternoon before a division bench of Justices Revati Mohite Dere and P K Chavan, which said it would hear it on Tuesday. The same bench, in the morning, granted interim bail to Dhoot's co-accused in the case namely former MD and CEO of ICICI Bank, Chanda Kochhar, and her husband Deepak Kochhar. The HC, in its judgment, came down heavily on the Central Bureau of Investigation for making the arrest in a "casual and mechanical" manner and without the application of mind. Dhoot in his plea has sought for the CBI FIR to be quashed and for the probe to be stayed, as well as his release on bail. He was arrested on December 26, 2022, and is presently in judicial custody. In his plea, Dhoot

CBI arrests Chennai Income Tax officer, CA in Rs 2,25,000 bribery case

The CBI has arrested an Income Tax officer and a chartered accountant in Chennai for their alleged involvement in a Rs 2.25 lakh bribery case, officials said Saturday. The bureau's action came after an FIR was registered against CPWD's superintendent engineer Sanjay Chinchghare, assistant valuation officer D.Manjunathan and chartered accountant Satgurudas and Suresh, the assessee and property owner, they said. Chinchghare was also posted as district valuation officer in Chennai Income Tax Valuation Cell. A case was registered by the CBI against the accused on allegations that Suresh had declared a high-value property transaction in his Income Tax return which was referred to the Income Tax Valuation Cell by National Faceless Assessment Centre, New Delhi, the officials said. Manunathan allegedly inspected the property and underlined the difference in the property value, they said. "The competent authority in finalising the valuation was a superintending engineer (Planning) Chinchgh

BS Views of the week: Advanced GDP estimates, on-board unruliness, Kochhargate, and more

Rs 395-cr bank fraud: CBI files new case against Unitech, former directors

The CBI has filed a new case against Unitech Limited and its former directors in connection with an alleged fraud in the IDBI bank involving an amount of Rs 395 crore, officials said. Nearly six months after a complaint from the bank, the Central Bureau of Investigation (CBI) has booked the company and its former promoters and directors Ramesh Chandra, Ajay Chandra and Sanjay Chandra under the Indian Penal Code (IPC) sections dealing with criminal conspiracy and cheating and provisions of the Prevention of Corruption Act, the officials said. The accused Unitech founders are facing another CBI probe pertaining to an alleged fraud in the Canara Bank. The company was allegedly enjoying a vendor bill discounting (VBD) facility, a kind of credit, of Rs 400 crore from the IDBI bank in 2012, the officials said. "Due to slowdown in real estate sector and pile up of inventory, the company was facing liquidity mismatch, and the payment of VBD bills was delayed," the complaint, now a part of

Rs 140-cr bank fraud case: CBI books HDIL promoters Rakesh, Sarang Wadhawan

The CBI has booked HDIL promoters Rakesh Wadhawan and Sarang Wadhawan in a new bank fraud case involving an amount of Rs 140 crore pertaining to their subsidiary Guruashish Construction, officials said on Thursday. The fresh action was initiated on a complaint from the Union Bank of India against the businessmen who are embroiled in a Rs-4,300 crore Punjab and Maharashtra Cooperative (PMC) Bank scam case, they said. The bank has alleged that Guruashish Construction was a wholly-owned subsidiary of Housing Development and Infrastructure Limited (HDIL) engaged in the real estate business in Mumbai. The Wadhawans were booked by the Central Bureau of Investigation (CBI) in October 2020 in connection with a Rs 200 crore alleged loan fraud from Yes Bank and have been facing investigation by multiple agencies. They are also being probed by the Enforcement Directorate (ED) as part of another Prevention of Money Laundering Act case related to an alleged loan fraud at the PMC Bank involving

CBI moves SC challenging anticipatory bail granted to IT-official Karnani

CBI mentioned in the SC the plea challenging Gujarat High Court's anticipatory bail granted to Ahemdabad Additional Commissioner of Income Tax Santosh Karnani who is an accused in the corruption case

Delhi excise policy case: Court grants interim bail to five accused

Special Judge M.K. Nagpal granted bail to them on Rs 50,000 personal bail bond and Rs one lakh amount surety

There will be no probe by Central agencies against CPI-M leaders: Congress

Since the BJP/RSS combine and the CPI-M are two sides of the same coin, there will be no probe against the CPI-M leaders by national agencies, a top Congress leader in Kerala said

Kochhargate: A litmus test for CBI

The country's premier investigative agency's record in probing complex financial misdeeds is not exactly immaculate

CBI seizes Rs 40 lakh in cash, arrests IDAS officer in bribery case

The CBI has seized Rs 40 lakh in cash during searches conducted after the arrest of an Indian Defence Accounts Service (IDAS) officer attached to the Army's South Western Command in a Rs 10 lakh bribery case, officials said on Friday. The agency has arrested Uma Shankar Prasad Kushwaha, a 1998-batch IDAS officer attached to the South Western Command in Jaipur as the Integrated Financial Advisor (IFA), along with Ram Roop Meena, an accounts officer posted at the IFA office, Vijay Nama, a junior translator, and alleged middleman Rajendra Singh of Jaipur-based Tanushree Services. Three private persons -- Sunil Kumar of Jind-based Hitech Security Services Private Limited, Prabjinder Singh Brar of Ganganagar-based ESS PEE Traders and Dinesh Kumar Jindal of Bhatinda-based D K Enterprises -- were also arrested on bribery charges on Thursday, the officials said. "It was alleged that the accused of the three private firms entered into a conspiracy and were obtaining all works related to ...

CBI charges ex BARC chief Lulla with manipulating TRP against India Today

Probe agency has also accused him of providing IPL data to STAR for free, causing loss to BARC