SANCTIONS INVESTIGATION
US looks into JPMorgan's ties to Iranian oil kingpin
The US Treasury is looking into JPMorgan Chase & Co.'s dealings with a hedge fund. The hedge fund is believed to be connected to Iranian oil trader Hossein Shamkhani. The Treasury wants to know if JPMorgan followed all the rules when it took on the hedge fund as a client. The hedge fund, Ocean Leonid Investments Ltd.
Excise policy scam: Delhi High Court quashes Arvind Kejriwal's plea seeking stay on trial court proceedings
The Delhi High Court has denied Arvind Kejriwal's request to halt trial court proceedings in a money laundering case connected to the excise policy scam. Kejriwal had challenged the trial court's acceptance of the Enforcement Directorate's prosecution complaints, but the High Court declined to intervene, stating that the challenged order was not recent.
Aircel-Maxis Deal: Delhi HC stays trial against Chidambaram
The Delhi High Court has temporarily halted the trial court's proceedings against former Union Minister P. Chidambaram in the Aircel-Maxis money laundering case. Chidambaram, who challenged the trial court's acceptance of the Enforcement Directorate's complaint, will await the next hearing date. The case revolves around alleged irregularities in a 2006 investment deal approved during Chidambaram's tenure as Finance Minister.
No criminal conspiracy by ICICI Bank officials in NDTV loan repayment at reduced rates: CBI
The CBI has concluded its investigation into allegations of wrongdoing by ICICI Bank officials in granting a loan to NDTV promoters. The agency found no evidence of collusion, criminal conspiracy, or abuse of position in the loan repayment at a reduced interest rate. The CBI determined that the interest rate reduction was justified based on various factors, including the borrowers' financial situation and the volatile share market.
Karnataka CM appears before Lokayukta Police in MUDA housing plot allotment case; BJP seeks CBI probe
Karnataka Chief Minister Siddaramaiah appeared before the Lokayukta, addressing allegations of unlawful housing plot allotments to his wife. He defended his actions, stating he responded based on facts and denied wrongdoing. The BJP demanded a CBI probe, but Siddaramaiah expressed confidence in the Lokayukta's independence.
Yes Bank¡¯s Rs 4,733 cr loan to DHFL diverted to ¡®coterie of builders¡¯: CBI charge sheet
The CBI has alleged that Yes Bank co-founder Rana Kapoor sanctioned loans worth ?4,733 crore to DHFL in exchange for ?600 crore in kickbacks. These loans were then allegedly diverted to Mumbai-based builders who had previously defaulted on loans from Yes Bank, according to the agency's latest charge sheet.
Union Minister H D Kumaraswamy booked for threatening police officer
Union Minister H D Kumaraswamy is facing legal trouble as a case has been registered against him for allegedly threatening a senior police officer. The officer, Inspector General of Police M Chandra Sekhar, is leading a Special Investigation Team probing a mining case against Kumaraswamy.
SC adjourns plea against withdrawal of CBI consent for probe against Karnataka deputy CM Shivakumar
The Supreme Court has postponed for four weeks the hearing on a plea challenging the withdrawal of consent for a CBI investigation into a disproportionate assets case against Karnataka Deputy Chief Minister D K Shivakumar. The adjournment follows a statement from Solicitor General Tushar Mehta, indicating that the CBI has also filed an appeal against the Karnataka High Court's earlier ruling.
Taiwan's TSMC stops shipments to client after chips sent to Huawei
TSMC halted shipments to a customer when it found out its chips were sent to Huawei, possibly breaching US sanctions. TSMC notified US and Taiwan authorities immediately. Huawei denied producing any chips through TSMC after the 2020 US trade restrictions. The incident reveals gaps in understanding China¡¯s domestic chip industry.
West downplays India's Khalistan concerns, as it's doesn't pose direct threat to them: Canadian Security Expert
India-Canada diplomatic tensions have risen after accusations were made against Indian officials in the killing of Khalistani terrorist Hardeep Singh Nijjar. India denies these charges and criticizes Canada's response to extremist elements. Diplomatic withdrawals and differences in handling this situation have added to the strain in their relationship.
Viral video: Ex Trudeau ally Jagmeet Singh demands sanctions on India. Reporters mock him
Canadian Sikh MP Jagmeet Singh, known for his pro-Khalistani stance, was mocked by reporters in Ottawa today for demanding sanctions on India. When reporters asked him a volley of tough questions, Jagmeet Singh, an ex-ally of Canadian Prime Minister Justin Trudeau, said he wants sanctions specifically on Indian diplomats. Singh had to leave the press conference abruptly and a video of the entire incident is now going viral.
India to face sanctions? Canadian foreign minister says 'everything is on the table'
Canadian Foreign Minister Melanie Joly indicated possible sanctions against India following accusations of India's involvement in the killing of pro-Khalistani leader Hardeep Singh Nijjar. While emphasizing diplomatic efforts, she urged India to cooperate in the investigation, although India has denied the allegations and expelled multiple Canadian diplomats, escalating tensions.
Delhi High Court rejects plea of alleged Sukesh Chandrashekhar for transfer from Mandoli jail
Delhi High Court dismissed Sukesh Chandrashekhar's plea against his potential jail transfer from Mandoli, citing no compelling medical need. The court noted existing treatments can be continued in other jails and ordered a three-day notice before any transfer. A CBI probe into an extortion racket involving Chandrashekhar is ongoing.
MUDA Scam: BJP demands CM Siddaramaiah's resignation post Karnataka HC ruling; Congress rejects possibility
The Bharatiya Janata Party has called for Karnataka Chief Minister Siddaramaiah's resignation to ensure a fair investigation into the MUDA scam allegations. This follows the high court's dismissal of Siddaramaiah's petition to quash the Governor's sanctions for a probe, suggesting prima facie evidence against him.
MUDA case: Karnataka HC to pronounce orders today in CM Siddaramaiah's plea against Governor's sanction
The Karnataka High Court is set to announce its verdict on Chief Minister Siddaramaiah's petition challenging the Governor's approval for an investigation into alleged illegal site allotments by MUDA to his wife. The judgment, reserved earlier, will be pronounced today at 12 pm.
Karnataka Guv letter to govt, want to know how it got 'confidential material' from Lokayukta
Karnataka Governor Thaawarchand Gehlot expressed perplexity over how the state government learned about confidential Lokayukta requests for prosecution sanctions against opposition leaders. He noted that the Cabinet's decision lacked direct advice to him and questioned the source of leaked information. The issue arose after a similar sanction was granted against Chief Minister Siddaramaiah.
Former 2016 Trump campaign adviser is charged over his work for sanctioned Russian TV
The Justice Department has charged Dimitri Simes, a Russian-born U.S. citizen and former Trump campaign adviser, and his wife with working for a sanctioned Russian state television network and laundering over $1 million. The charges come amid concerns about Russian interference in the upcoming U.S. election. Simes previously featured in the Mueller investigation into Russian meddling in the 2016 election but was not charged then.
CBI gets nod to bring to trial Lalu Prasad Yadav's former OSD in land-for-jobs case
The Central Bureau of Investigation received permission to prosecute Bhola Yadav, former OSD to ex-railway minister Lalu Prasad, in the land-for-jobs scandal. Sanctions for prosecuting Lalu Prasad and others are still pending. A court has demanded a decision by August 20, with authorized officials confirming the matter is under consideration.
US sanctions Boeing for sharing information about 737 Max 9 investigation
US investigators are sanctioning Boeing for sharing unauthorised information about a federal investigation into a door plug blowout on a Boeing 737 Max 9. The National Transportation Safety Board accused Boeing of violating investigative regulations by providing non-public information to the media and speculating about possible causes of the incident. Boeing's recent actions have led to sanctions, including restricted access to investigative information and a subpoena to appear at an investigative hearing in August.
Load More
