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CBI raids two premises in Delhi, Noida in bank fraud case

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The Central Bureau of Investigation (CBI) on Friday carried out searches at two premises in NCR-Delhi in connection with a bank fraud involving over Rs 190 crore, officials said.

A senior CBI official said that the agency had registered a case on the complaint of a Bank of Baroda branch here against Shri Sidhdata Ispat Pvt Ltd, Govardhan Industries Pvt Ltd, Shri Sidhdata Steel Tubes, Sudershan Tubes, and others.

The agency had also booked Suresh Kumar, Rajesh Kumar, Pradeep Kumar, Om Prakash Gupta, and Rajat Gupta in the case.

The official said that the complainant bank alleged that the accused cheated it to the tune of Rs 190.76 crore (excluding interest) by availing credit facilities on the basis of fake documents and diverting the funds fraudulently for purposes other than those for which the money was sanctioned.

After registering the case, the agency officials carried out searches at one premises in Uttar Pradesh’s Noida and one in Delhi which led to seizure of incriminating documents and material.

Business

Most of additional budget spending for people-centric schemes: FM Sitharaman

The government expenses have increased of late and are likely to increase further due to the coronavirus pandemic and the eventual economic slowdown.

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Nirmala Sitharaman

New Delhi, Sep 19 : Finance Minister Nirmala Sitharman on Friday said that the majority of the additional resources in the first batch of the Supplementary Demands for Grants would be spent on people-centric schemes amid the coronavirus pandemic.

In her reply to the debate on the Supplementary Demands for Grants for 2020-21 and the Demands for Excess Grants for 2016-17 in the Lok Sabha, she said it is probably for the first time that the government has sought such a huge amount in the first batch of the Supplementary Demands for Grants.

Late on Friday evening, the Lok Sabha approved the supplementary demands for additional spending of Rs 2.35 lakh crore, including a cash outgo of Rs 1.66 lakh crore.

The Centre has sought Rs 40,000 crore for providing grants for the creation of capital assets under the Mahatma Gandhi National Rural Employment Guarantee Scheme and for the transfer of funds to the National Employment Guarantee Fund.

It has sought an additional expenditure of Rs 30,956.98 crore for providing Grants-in-Aid General for Direct Benefit Transfer to Pradhan Mantri Jan Dhan Yojana’s women bank account holders.

Further, to meet the expenditure towards recapitalisation of the Public Sector Banks through the issue of government securities, it has sought an approval for the expenditure of Rs 20,000 crore.

Approval for expenditure of Rs 4,000 crore has been sought for meeting an additional expenditure towards Grants-in-Aid General to National Credit Guarantee Trustee Company Ltd (NCGTC) for the Guarantee Emergency Credit Line (GECL) facility to eligible MSME borrowers.

The first batch of Supplementary Demands for Grants for financial year 2020-21, among other things, included a sum of Rs 46,602.43 crore required for providing additional allocations under the Post-Devolution Revenue Deficit Grant (Rs 44,340 crore) and Grants-in-Aid General for States Disaster Response Fund (Rs 2,262.43 crore) as per the accepted recommendations for the 15th Finance Commission.

The government expenses have increased of late and are likely to increase further due to the coronavirus pandemic and the eventual economic slowdown.

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One dead, 22 fall sick after consuming ‘local alcohol’ in Andhra

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Local Alcohal

Visakhapatnam, Sep 18 : One person died and 22 others fell sick after consuming suspected ‘local alcohol’ in three villages of Andhra Pradesh’s Vizianagaram district.

“There were 22 cases reported. The complaint basically is swelling in the leg, pain in the stomach, and reddishness in the eyes. There was no other symptom. By the time this came to us, one person died,” Visakhapatnam District Collector V. Vinay Chand told IANS.

Chinaraba, Kotaparthy and Kakaravalasa are the three villages where the sickness afflicted the unsuspecting tribals.

Chinaraba has a population of 248, Koaparthy 95 and Kakaravalasa 125. Most of the ailing tribals are in their 30s and 40s.

Kakaravalasa is 52 km north west of Vishakhapatnam.

All the 22 who fell sick, were shifted to the King George Hospital (KGH) in Visakhapatnam for treatment.

Though the health department conducted a medical camp in the tribal village, they did not improve, necessitating them to be shifted to KGH.

“The condition of all of them is stable and they are being continuously monitored. They have all been tested for Covid, they have all turned negative,” said Chand.

The health department has collected more blood samples from the tribals for further testing, those results are expected in a day.

Chand said the tribals were also diagnosed with malnourishment.

Though the reason for the tribals’ ailment hasn’t been established, officials are suspecting the consumption of local alcohol.

“It is suspected that there was some consumption of liquor. The tribals normally consume locally available liquor. However, this is yet to be confirmed,” the Collector clarified.

According to Chand, tribals were known to be consuming various types of locally available alcohol, however, he said if that liquor was contaminated or illicit is not clear.

“There are a lot of stories going around, I’m not really sure until we get more information and I cannot confirm or negate anything. Probable reason was any consumption of locally available toddy, but that is also subject to confirmation,” the officer observed.

The medical camp will continue for the next 7 – 10 days in the tribal villages. Medical staff are educating the tribals on personal hygiene, washing hands and drinking warm water.

They were also advised on coronavirus, told to refrain from consuming stored meat and also explained the adverse effects of alcohol.

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India

Delhi Police Arrest Freelance Journalist Under Official Secrets Act

Rajeev Sharma, a resident of Delhi’s Pitampura, has been arrested by the Special Cell of the Delhi Police.

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New Delhi: The Delhi Police on Friday said it has arrested a freelance journalist, who was found in possession of defence-related classified documents, in connection with a case under the Official Secrets Act.

Rajeev Sharma, a resident of Delhi’s Pitampura, has been arrested by the Special Cell of the Delhi Police.

“He (Rajeev) was found to be in possession of some defence-related classified documents. Investigation of the case is in progress and further details will be shared in due course,” Sanjeev Kumar Yadav, Deputy Commissioner of Police (Special Cell), said.

Besides Sharma, the names of activists and academicians like Anand Teltumbde, Shalini Gera and Bela Bhatia had also figured in the list.

Facebook was accused of using its messaging platform to dispatch ‘Pegasus’, which is a hacking tool.

While NSO had claimed that it sold the software only to official agencies, the Narendra Modi government had said that it had nothing to do with the spyware attack.

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