ED files chargesheet against ex-HP CM's son

Agencies
July 21, 2018

New Delhi, Jul 21: The Enforcement Directorate (ED) on Saturday filed a chargesheet in a Delhi court against Virbhadra Singh's son Vikramaditya in a money laundering case also involving the former Himachal Pradesh chief minister.

Special Judge Arvind Kumar fixed the matter for consideration on July 24, when he will decide on whether to take cognisance of the final report.

The chargesheet, filed by special public prosecutors Nitesh Rana and N K Matta, also named Managing Director of Tarani Infrastructure Vakamulla Chandrasekhar and one Ram Prakash Bhatia as an accused.

Both Chandrasekhar and Bhatia are also an accused in a CBI case related to the matter, along with Virbhadra Singh, his wife Pratibha Singh and others.

Besides 83-year-old Singh and his 62-year-old wife, the others named in the ED chargesheet, filed through advocate A R Aditya, are Universal Apple Associate owner Chunni Lal Chauhan, Life Insurance Corporation (LIC) agent Anand Chauhan and two other co-accused Prem Raj and Lawan Kumar Roach.

Anand Chauhan, arrested on July 9, 2016, by the ED under relevant provisions of the Prevention of Money Laundering Act, 2002, was granted bail on January 2 in the case.

In a separate case filed by the Central Bureau of Investigation in relation to the matter, the former Himachal Pradesh chief minister, his wife and Chauhan were chargesheeted along with others.

The couple, who have not been arrested so far in any of the two cases, and the other accused are facing trial in the CBI case.

The other accused in the CBI case are Chunni Lal Chauhan, stamp paper vendor Joginder Singh Ghalta, Managing Director of Tarani Infrastructure Vakamulla Chandrasekhar, and co-accused Lawan Kumar Roach, Prem Raj and Ram Prakash Bhatia.

The CBI had claimed that Virbhadra Singh had amassed assets worth around Rs 10 crore which were disproportionate to his total income during his tenure as a Union minister.

The matter was transferred by the Supreme Court to the Delhi High Court which, on April 6, 2016, asked the CBI not to arrest Singh and directed him to join the probe.

On November 5 last year, the apex court transferred Singh's plea from the Himachal Pradesh High Court to the Delhi High Court, saying it was not expressing any opinion on the merits of the case, but "simply" transferring the petition "in the interest of justice and to save the institution (judiciary) from any embarrassment".

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News Network
February 26,2020

New Delhi, Feb 26: Calling the recent violence in Delhi as 'planned conspiracy', Sonia Gandhi on Wednesday demanded Union Home Minister Amit Shah's resignation over the clashes that left 20 people dead in two days.

"CWC (Congress Working Committee) believes Home Minister and Centre is responsible. The Home Minister should tender his resignation with immediate effect," the Congress party's interim chief told reporters here.

Violent clashes erupted between pro and anti-CAA groups in parts of northeast Delhi on Monday, leading to widespread vandalism and arson for over two days.

While many blamed police for inaction to control the mobs, Union Home Minister Amit Shah met the top brass of Delhi Police, Chief Minister Arvind Kejriwal, LG Anil Baijal and directed the officials to control the situation.

Gandhi blamed both the Central and the Delhi governments, saying the administration did not take adequate steps on time to curb violence in the national capital.

"Chief Minister Arvind Kejriwal and Center is equally responsible for not activating the administration to reach out to the people to maintain peace and harmony," Sonia added.

The death toll in the violence rose to 20 on Wednesday, according to GTB hospital authorities.

Government sources told ANI that the National Security Advisor (NSA) Ajit Doval has been given the charge of bringing normalcy in the capital.

Sources also said that Doval will brief Prime Minister Narendra Modi and the Cabinet about the prevailing situation.

The NSA last night visited Jaffrabad, Seelampur and other parts of northeast Delhi where he held talks with leaders of different communities.

Without naming any leader, the Congress interim president also targeted the leaders of the Bharatiya Janata Party for making inflammatory statements saying that "there is a conspiracy behind the violence, country also saw this during Delhi elections. Many BJP leaders made inciting comments creating an atmosphere of fear and hatred."

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News Network
June 15,2020

New Delhi, Jun 15: Two officials working with the Indian High Commission in Islamabad have reportedly gone missing, sources said.

The two officials are untraceable for the last few hours.

Recently news agency reported on how Pakistan 's spy agency ISI has been tailing and harassing Indian officials and also increased their presence at the residence of Acting High Commissioner Gaurav Ahluwalia.

This incident came in the backdrop when two Pakistani officials were caught red-handed and sent back trying to collect classified information and spying in Delhi.

South block is watching the developments closely, the Indian mission has also launched a complaint with local authorities and taken up the matter Pakistan Foreign Ministry.

This incident can cause a further dip in the already tense India-Pakistan relations.

Earlier in the month, India deported two Pakistani officials for espionage activities in India.

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News Network
February 28,2020

Feb 28: The best economic tonic for the coronavirus shock is to contain its spread and worry about stimulus later, said Raghuram Rajan, former head of the Reserve Bank of India.

There’s little central banks can do, and while more government spending would help, the priority should be on convincing companies and households that the virus is under control, he said.

“People want to have a sense that there is a limit to the spread of this virus perhaps because of containment measures or because there is hope that some kind of viral solution can be found,” Rajan told Bloomberg Television’s Haidi Stroud Watts and Shery Ahn.

“At this point I would say the best thing that governments can do is to really fight the epidemic rather than worry about stimulus measures that comes later,” said Rajan, who is currently a professor at the Chicago Booth School of Business.

The spread of coronavirus is pushing the world economy toward its worst performance since the financial crisis more than a decade ago.

Bank of America Corp. economists warned clients Thursday that they now expect 2.8% global growth this year, the weakest since 2009.

“We have moved from extreme confidence in markets to extreme panic, all in the space of one week,” said Rajan, who previously was chief economist at the International Monetary Fund.

The virus outbreak will force companies to rethink supply chains and overseas production facilities, he said.

“I think we will see a lot of rethinking on this, coming on the back of the trade disruption, now we have this,” Rajan said. “Globalization in production is going to be hit quite badly.”

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