Mehul Choksi (File Photo : IANS)

‘Mehul Choksi diverted Rs 3,257 crore to foreign dummy companies’

New Delhi  :  Fugitive diamnond jeweller Mehul Choksi, wanted in the Rs 13,500-crore Punjab National Bank (PNB) fraud case, diverted over Rs 3,257 crore of the money raised from fraudently obtained letters of undertaking (LOUs) and foreign letters of credit (FLCs) to overseas dummy firms, an informed source said on Tuesday. The Enforcement Directorate (ED) […]

File Photo

Rajan indicted Modi on NPAs as he devised ‘wink-a-loan-scam’: Congress

New Delhi :  Stating that Prime Minister Narendra Modi devised a ‘wink-a-loan-scam’ referring to the bad loans, Congress on Tuesday said former RBI Governor Raghuram Rajan indicted the Prime Minister and his office on the frauds being committed in the banking sector. Congress was replying to Modi’s allegation that “phone-a-loan” scam of the UPA government […]

IPS officer Sanjiv Bhatt (File Photo/ Facebook)

Sanjiv Bhatt, retired Inspector sent in police remanded for 10 days

Ahmedabad :  The Gujarat High Court on Tuesday accepted the state government’s plea for police remand of arrested former IPS officer Sanjiv Bhatt and sent him and a retired police officer in 10-day police custody. Justice R.P. Dholariya allowed the state’s plea and granted 10-day remand of Bhatt and retired Inspector I.B. Vyas. Bhatt and […]

Aadhaar can’t be hacked, vested interests spreading lies: UIDAI

New Delhi :  The Unique Identification Authority of India (UIDAI) on Tuesday dismissed reports of hacking of Aadhaar enrolment software as “completely incorrect and irresponsible” and said some vested interests were deliberately trying to create confusion among people. The denial came after an investigation by HuffPost India revealed that the Aadhaar database, which contains the […]