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Parliament Live: RS adjourned after Oppn uproar over printing of new currency notes



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New Delhi, Aug 8, 2017: After three-day break for the fourth week of Monsoon Session, the Parliament has began with witnessing uproars as Opposition parties cornered ruling government on many key issues like attack on Rahul Gandhi convoy, Chandigarh stalking issue and many others.

Rajya Sabha:

  • Rajya Sabha adjourned till 11:43 am.
  • Leader of the House Arun Jaitley snapped saying Zero Hour can’t be misused like this. MPs troop the Well. P.J. Kurien adjourns the House.
  • Meanwhile, Congress leader Anand Sharma said that the circulation of this currency is a serious matter.
  • Chairman P.J Kurien said that if notice has been given it will be examined by the chairman else it cannot be discussed here without notice and cannot be discusses in POINT of ORDER.
  • Congress leader Pramod Tiwari said BJP has printed two kinds of notes this is a serious matter. I have given notice in this regards. One kind of note is being given to BJP people and other to your.
  • Rajya Sabha was adjourned for 15 minutes after Sharad Yadav flashed currency notes of various sizes claiming that all around the world there are no two notes of a particular country. This is a serious matter. I can sign on this photocopy of the notes and give it to you.
  • Other opposition leaders including Trinamool’s Derek O’Brien, JD-U’s Sharad Yadav and Samajwadi Party’s Naresh Agrawal also sided with the Congress.
  • Leader of Opposition Ghulam Nabi Azad alleged that the demonetisation was the “biggest scam of this century”.
  • As soon as the House met, Congress member Kapil Sibal alleged that the “RBI prints two types of currency notes. These are of different size and different design… How is it possible?” Sibal asked, displaying images of two Rs 500 denomination notes pasted on a placard.

Lok Sabha:

  • Lok Sabha adjourned till 12 noon following uproar over attack on Congress VP Rahul Gandhi’s convoy in Gujarat.
  • In the last two years, Rahul Gandhi was out for 72 days on 6 foreign tours, but didn’t take SPG cover. We want to know where did he go? Why didn’t he take SPG cover? This is not only a violation of SPG Act but being negligent to safety issues as well: Rajnath in LS.
  • Rajnath condemns the attack on Rahul Gandhi. He says that appropriate security detail was provided to Gujarat Police ahead of his visit to Banaskantha. The security was beefed up as part of an intelligence report, he added. In Dhanera, two SP rank officers and several armed police were looking after Rahul Gandhi’s security too, he said.
  • He also added that Rahul did not listen to the area police or SPG officials but only his Personal secretary.
  • Congress leader Mallikarjuna Kharge raised attack on Rahul Gandhi convoy issue in Lok Sabha by calling the attack cowardly and alleges that the BJP government turned a blind eye to the attack. This has led to commotion in the Lok Sabha.

Wefornews Bureau



Would not let any political party join me, says Anna Hazare



New Delhi, March 24:  Social activist Anna Hazare, who is on indefinite hunger strike, said that he would not let any political party join him.

Speaking to ANI, anti-corruption crusader said that whoever will join the movement with him, has to sign an affidavit stating that they’ll neither join any political party or group nor will participate in elections.

“Whoever joins the movement, signs affidavit which states, that they’ll neither join any political party or group nor will contest elections, ensure service to country, society and maintain good character. I’ll not let any political party or group come on this stage,” Hazare asserted.

Hazare began his indefinite fast at Ramlila Ground on Friday in a bid to bring about a competent Lokpal and ensure better production cost for farm produce.

The Gandhian has been pressing for setting up of the Lokpal at the Narendra Modi government and Lokayuktas in the states, besides implementation of the Swaminathan Commission report, which has recommended measures to meet the agrarian distress.


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CBI books two cases in Rs 539-crore IDBI fraud in Andhra, Telangana



CBI raids

Hyderabad, March 24: The Central Bureau of Investigation (CBI) has booked 41 persons including three officials of the Industrial Development Bank of India (IDBI) for cheating the bank to the tune of Rs 539 crore in Andhra Pradesh and Telangana.

The federal agency registered two separate cases relating to large-scale frauds in IDBI branches in the two states in sanctioning pisciculture loans.

In the first case, 31 persons including IDBI’s General Manager Battu Rama Rao and former Chief General Manager R. Damodaran, 22 aggregators and bank panel valuers were booked for cheating the bank to the tune of Rs 445.32 crores. Rama Rao has also been removed from the service.

The central agency booked the accused on charges of criminal conspiracy, cheating, forgery, criminal misconduct and misappropriation.

The action came after a complaint by IDBI official in Hyderabad that about 220 borrowers, consisting of 22 aggregators, conspired with IDBI bank officials at its Basheerbagh (Hyderabad) and Siripuram (Visakhapatnam) branches, along with bank panel valuers, and availed Kisan Credit Card (KCC) and pisciculture loans through 220 loan accounts from different branches of the bank aggregating Rs 198.28 crore

The loans, which were availed on the basis of fake documents and overvalued collateral property, subsequently become NPA. The outstanding amount as on September 2017 stood at Rs 445.32.

It was found that pisciculture or no other fish farming activity was ever taken up in the said lands in East and West Godavari and Krishna districts of Andhra Pradesh and Adilabad district in Telangana and that sanctioned loans were misappropriated.

Bank panel valuers Lt. Col. B.K. Sahoo, Aakar Consulting Engineers, R.A. Sharma, M.V. Srinivasulu, Subha Syndicate, Srinivasa Rau and Somasekhara Rao were among those booked.

In the second case, the CBI booked a IDBI official and nine others for defrauding the bank to the tune of Rs 93.73 crore.

Chandrasekhar Harish Chennapagari, who was working as Assistant General Manager at Guntur branch of IDBI, allegedly abused his official position to process and sanction 142 pisciculture loans from 2010 to 2012. He has been removed from service by the IDBI.

Investigations revealed that the loans were sanctioned on the basis of fake documents. The accused include a bank panel valuer, a bank panel advocate, aggregators and individual borrowers.


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PNB Scam: ED attaches Nirav Modi’s properties worth Rs 25 cr



New Delhi, March 24: The Enforcement Directorate (ED) on Saturday said that it has attached properties worth Rs 25 crore of diamond jeweller Nirav Modi in connection with its ongoing probe into the Rs 13,540 crore PNB fraud case.

An ED official told IANS that the searches were carried out on Thursday at Nirav Modi’s palatial residence ‘Samudra Mahal’ in Mumbai along with a Central Bureau of Investigation (CBI) team.

The official also said that the searches continued till Saturday morning and resulted in the seizure of antique jewellery worth Rs 15 crore, high-end watches valued at Rs 1.40 crore and paintings worth Rs 10 crore that includes artworks by M.F. Hussain, K.K. Hebbar, Amrita Shergil.

The ED also attached a diamond ring valued at Rs 10 crore.

The financial probe agency’s action comes after it registered a separate case against the diamond jeweller and his uncle Mehul Choksi of the Gitanjali Group for defrauding the banks to the tune of Rs 13,540 crore.

Till date, the ED has carried out searches at over 251 properties across the country and seized diamond, gold, precious and semi precious stones, pearls.

The ED has also attached immovable properties belonging to Nirav Modi Group and Mehul Choksi group to the tune of Rs 7,638 crore.

Choksi, Nirav Modi and his family fled in January around a month before the PNB filed first complaint against them about the fraud and they are still at large.

With Agencies Inputs 

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