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CBI Files Rs 67 Crore Bank Fraud Case Against BJP Leader, Four Others

Mr Kamboj said the case was a “mistake” and that he had paid Rs. 30 crore as dues towards one-time settlement of the loan for which he was issued a certificate. The bank has said there were discrepancies in documents submitted for the settlement. Role of some bank officials is also being probed.

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Mohit Bharatiya
Bharatiya Janata Party leader Mohit Kamboj, alias Mohit Bharatiya with former Maha CM D Fadnavis

New Delhi, June 17 : The Central Bureau of Investigation (CBI) registered a case against Bharatiya Janata Party (BJP) leader Mohit Kamboj and four others for defrauding Bank of India to the tune of Rs 57.26 crore during 2013-2018, officials said on Wednesday.

However, the BJP leader denied the charges.

The multiple CBI teams also carried out searches at five locations, including the residence of the BJP Mumbai General Secretary Kamboj, who was also a former President of the Bharatiya Janata Yuva Morcha (BJYM) in Mumbai. Kamboj was also the national president of Indian Bullion and Jewellery Association (IBJA) from 2012 to 2019.

According to the CBI FIR, Kamboj is named in the list of suspects as well as accused along with Jitendra Gulshan Kapoor, Naresh Madanji Kapor (now deceased), Sidhant Bagla and Irtesh Mishra which it registered on June 12 on a complaint from the bank.

The bank has alleged that Kamboj was guarantor and managing director in Avyan Overseas Pvt Ltd (now known as Bagla Overseas Pvt Ltd), engaged in manufacturing and export of handcrafted gold jewellery to Dubai, Singapore, Hong Kong and other countries.

The CBI also filed an FIR against KBJ Hotels Goa Pvt Ltd and unidentified persons, including government servants and bank officials.

The CBI has registered the FIR under sections of criminal conspiracy, cheating, criminal breach of trust, forgery, passing forged documents as genuine of the Indian Penal Code and provisions of Prevention of Corruption Act on a complaint from the bank.

The raids were also conducted at the office of the private company which led to recovery of certain incriminating documents including of property, loan, various bank account details and locker keys, a CBI official said.

The CBI said Avyaan Overseas Pvt Ltd represented by Kamboj and other public servants entered into a conspiracy with an intent to cheat the Bank of India”s Mid Corporate Branch in Mumbai in the matter of availing FB purchase or Foreign Bills Negotiation Limit and Export Packing Credit Limit.

In pursuance of the conspiracy, the CBI said, the overseas company allegedly got sanctioned and released facilities of Rs 60 crore. It was further alleged that after availing the limits, the accused company diverted the funds and prepared forged and fabricated documents in support of the claim causing loss to the tune of Rs 57.26 crore to the Bank of India, the CBI said.

Meanwhile, the Bank in its complaint to the CBI alleged that in 2015, an inspection of the company was conducted during which a number of irregularities were found.

“The bank then declared the loan as a Non Performing Asset on March 31, 2015 due to non-servicing of interest and continuous overdues position of bills,” the bank said in its complaint.

It further said that the Head Office fraud monitoring Unit of the bank red flagged the account ordering a forensic audit by Ernst and Young.

“In the forensic audit report submitted on March 31, 2017, it was pointed out that there was a diversion of loan funds to a sister concern, to other companies and there was even a flat purchase agreement between Aaksha Kamboj, wife of Kamboj and Pooja Construction owned by a noted film producer Vashu Bhagnani,” it said.

The bank accused the company of being indulged in transactions which were not genuine.

The auditor also pointed out other serious irregularities in the report and the account was declared fraud on June 19, 2018, it said.

Following the news of FIR on him, Kamboj, who changed his title as Bharatiya said that he has cleared his dues with the bank and even if the CBI wants to investigate then he will cooperate with full capacity.

“I have paid all the dues and the bank has issued no due Certificate! After Payment of dues and two and half years of closure of account if any agency wants to investigate, I as a citizen will cooperate with full capacity! Truth will Prevail!,” Kamboj said in a tweet, attaching the no dues certificate issued by the bank.

India

Deception, disinformation part of China’s game plan with India

The former diplomat predicted that Beijing will insist that it is on its own territory and defend its position at all cost while accusing Indian troops of being the aggressors.

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India China Galwan Valley

New Delhi, Aug 10 :: China’s game plan for the stand-off along the Line of Actual Control with India in Ladakh will include a combination of pressure, deception, disinformation and continuation of its long-term expansionist policies.

This was deduced by the Delhi Policy Group (DPG), one of India’s oldest think tanks on strategic and international issues of critical national interest, from the statements from a series of meetings between senior Army commanders, foreign ministers and ministries and the special representatives on the border question of the two countries.

In his paper on ‘China’s post-Galwan Posture’, former ambassador Nalin Surie, distinguished fellow for diplomacy at DPG, said that over six weeks after the brutal, unprovoked, illegal and fatal attack by Chinese troops on Indian soldiers in East Ladakh, the situation there remains tense and fragile.

“Chinese obduracy has ensured that the rebuilding of confidence, let alone trust, in the People’s Liberation Army (PLA) is in serious doubt,” he said.

India and China have made no headway in de-escalation in the Pangong Tso lake region of Ladakh, where both sides have built up forces and are preparing to dig in for the long haul.

Surie in his paper said that the “Chinese game plan to extricate itself from a situation of its own creation which has won it no friends except Pakistan” would contain “a mix of pressure, deception, disinformation and not having to abandon its long term and long held objectives”.

The former diplomat predicted that Beijing will insist that it is on its own territory and defend its position at all cost while accusing Indian troops of being the aggressors.

China will also insist that India should compromise its position and “meet the Chinese side halfway”, Surie said.

The third line of attack, Surie said, will be to repeatedly “warn India not to misjudge or make a strategic calculation of the current situation and not underestimate China’s firm determination to safeguard its territorial sovereignty”.

The Chinese Ambassador to India Sun Weidong warned of this on July 10, and reiterated his advice at a public forum in New Delhi on July 30.

China has concerns at the growing congruence of interests in the Indo-Pacific and Indian Ocean region between India and the US and other QUAD countries, particularly post the Chinese attacks in East Ladakh, the DPG paper said.

Besides, the growing distrust between the Trump administration and China, Beijing may also be worried about Russia’s neutrality.

As a result, Surie said that the Chinese will also put pressure on New Delhi by claiming that India will greatly suffer from economic decoupling.

“India’s decisions on Chinese Apps, Chinese tenders for projects and investments in India have undoubtedly caused considerable disquiet. Given the state of the world economy and the future prognosis, loss of one of the largest and fast growing markets in the world is not going to be easily digested by China,” the former Ambassador said.

Part of China’s response will be to strengthen its economic assistance and cooperation with our neighbours and other economic partners, Surie said.

Incidentally, the Chinese embassy in New Delhi threatened Strat News Global, an independent media portal of “severe consquences” if it did not “delete a video” comparing Xi Jinping with the Nazi tyrant Adolf Hitler.

Strat News Global founder and editor-in-chief Nitin Gokhale revealed this on Twitter, confirming Surie’s analysis that China will use pressure, deception and disinformation in the long haul with India.

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India

Preparations on to resume anti-CAA, anti-NRC protests in India

The unlock stage has reached to an advanced level in the country and the Central an state governments are permitting every kind of activities in the countryand there is no reason that protests can also be started.

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Resolution against CAA

Senior Supreme Court lawyer Mehmood Pracha said that Government has allowed unlock India and is now implemented across the country which is now in advanced stage, therefore the CAA-NRC protests can be re-started from August 15.

The process to resume anti-CAA protests has started.The efforts have gained momentum to re-start anti- CAA , anti-NRC protests which were cancelled due to coronavirus in Aligarh. Senior Supreme Court lawyer Mehmood Pracha reached Aligarh on Sunday and during an interview to news18, he said that preparations are in full swing to re-launch protest against (Citizenship (Amendment) Act, (National Register of Citizens).

The unlock stage has reached to an advanced level in the country and the Central and state governments are permitting every kind of activities in the country and there is no reason that protests cannot be started.

He said that people of Aligarh are demanding that to save the Constitution of India the protests can be started. The protests which were stopped due to coronavirus can now resume.

All types of activities have started and the state and central governments have issused guidelines for the work to resume.

Moreover, how a Mumslim community can do the religious activities during Muharram under the ambit of legal guidelines are also to be discussed.

The Lawyer said , “the people of the country knows that the Supreme Court gave permission for the Jagannath Puri Rath yatra and the guidelines that were issued for the Jagannath Puri Rath yatra, should be given for all the religions. The permission should be granted for religious activities of Muslims. and protests can be started during Aug 15.

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India

Citizenship query: It’s not unusual, Chidambaram comes out in Kanimozhi’s support

While non-Hindi speaking recruits to central government posts quickly learn functional spoken Hindi, why cannot Hindi-speaking recruits to these posts learn functional spoken English? the senior Congress leader asked.

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P Chidambaram

New Delhi: Former Union Minister P Chidambaram, a native of Tamil Nadu, has come out in support of DMK MP Kanimozhi, who had tweeted about an incident at an airport wherein she was asked about her citizenship and pointed to his own experiences.

“The unpleasant experience of DMK MP Kanimozhi at the Chennai airport is not unusual. I (too) have experienced similar taunts from government officers and ordinary citizens, who insisted that I speak in Hindi during telephone conversations, and sometimes even face to face,” Chidambaram said.

Read: CISF orders inquiry after DMK MP Kanimozhi asked ‘are you Indian’ at Chennai airport

The former Union Minister said: “If the Centre is genuinely committed to both Hindi and English being the official languages of India, it must insist that all central government employees are bilingual in Hindi and English.”

While non-Hindi speaking recruits to central government posts quickly learn functional spoken Hindi, why cannot Hindi-speaking recruits to these posts learn functional spoken English?” the senior Congress leader asked.

Meanwhile, the BJP has dismissed her allegation as ‘electoral stunt’. BJP General Secretary (Organisation) BL Santhosh tweeted to counter Kanimozhi’s charge, saying that “assembly elections are 8 months away … the campaign starts”.

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