More stashes of new currency seized across India

December 18, 2016

New Delhi, Dec 18: In continued post-demonetisation crackdown on black money, stashes of new notes have been seized in several states, including Rs 1.05 crore from a tea seller-turned-financier in Gujarat and nearly Rs 90 lakh in Andhra Pradesh.

newRs 12 lakh were seized by police from three alleged drug smugglers in Punjab while Rs 18 lakh in new currency notes were recovered from Sector 57 in Noida on the outskirts of national capital and three men arrested last evening by a team of Uttar Pradesh Anti Terrorist Squad and Income Tax Department.

The Income Tax department seized alleged unaccounted assets worth Rs 10.50 crore from a former tea seller after raids were conducted against him in Surat.

These included new currency of Rs 1.05 crore, bullion worth Rs 1.49 crore, gold jewellery valued at Rs 4.92 crore, other ornaments worth Rs 1.39 crore and silver ingots priced at Rs 1.28 crore.

"The total value of the assets seized from the financier, who earlier worked as a 'chaiwala', is Rs 10.50 crore," I-T sources said.

They said of his bank lockers have been opened till now, and there are four more.

The department seized Rs 66 lakh cash, all in new Rs 2000 notes, in Hyderbad. The first incident was reported at the Telugu Academy in Himayatnagar on December 16 when an I-T team intercepted few people who ran into a nearby apartment on seeing the team.

"Search of the apartment led to recovery of Rs 36 lakh cash, all in Rs 2000 denomination. Sources of the cash are being probed into," I-T sources said.

In the second incident in the same city on December 17, department investigators along with police intercepted a speedingHonda Activa in the Tank Bund area.

"Cash of Rs 30 lakh in Rs 2000 denomination was found with two persons.The case is being probed," they said.

More seizured were made in Andhra Pradesh today as nine persons were detained in Duppada village in Vizianagaram while trying to exchange notes.

"Cash worth Rs 18.7 lakh, most of it in new Rs 2,000 denomination and rest in Rs 100 notes, was recovered from them after police raided a house near Palanuru at Duppada junction," said I Town Circle Inspector P. Sobhan Babu.

A senior official of Excise and Prohibition Department was allegedly found in possession of assets worth about Rs five crore and Rs seven lakh in Rs 2,000 notes were also seized from him, Anti-Corruption Bureau sources said today.

Cash totalling Rs 58,000 in new curreny was also seized from two customs officials in Pallia town on India-Nepal border last night, UP police said today.

In Amritsar, three persons have been arrested with 600 gram of heroin and Rs 12 lakh in new high-value currency in Punjab's Amritsar district.

The three were arrested outside a Suvidha centre in Pataka market on Chamrang road before they could deliver the heroin. Police said a total of Rs 15.49 lakh was seized from them, and out of that Rs 12 lakh was in the new high-value notes.

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Agencies
January 24,2020

New Delhi, Jan 24: The Election Commission of India on Friday told the Supreme Court that its 2018 direction asking poll candidates to declare their criminal antecedents in electronic and print media has not helped curb criminalisation of politics. The poll panel suggested that instead of asking candidates to declare criminal antecedents in the media, political parties should be asked not to give tickets to candidates with criminal background.

A bench of Justices R F Nariman and S Ravindra Bhat asked the ECI to come up with a framework within one week which can help curb criminalisation of politics in nation's interest.

The top court asked the petitioner BJP leader and advocate Ashiwini Upadhyay and the poll panel to sit together and come up with suggestions which would help him in curbing criminalisation of politics.

In September 2018, a five-judge Constitution bench had unanimously held that all candidates will have to declare their criminal antecedents to the Election Commission before contesting polls and had called for a wider publicity, through print and electronic media about antecedents of candidates.

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Satya Vishwasi
 - 
Saturday, 25 Jan 2020

What about those criminals who were already in parliament and vidahan sabhas? shall the ECI cancel their positions?

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News Network
January 27,2020

Jan 27: Bidders for Air India Ltd. will need to absorb $3.26 billion of its debt, as Prime Minister Narendra Modi’s administration tries once again to sell the national carrier.

The entire company will be sold but effective control needs to stay with Indian nationals, according to preliminary terms published Monday. Bids are invited by March 17 with Ernst & Young LLP India as transaction adviser.

Air India, which started in 1932 as a mail carrier before winning commercial popularity, saw its fortunes fade with the emergence of cutthroat low-cost competition. The state-run airline has been unprofitable for over a decade and is saddled with more than $8 billion in debt.

Indian regulations allow a foreign airline to buy as much as 49% of a local carrier, while overseas investors other than airlines can buy an entire carrier. The government didn’t find a single bidder when it tried to sell Air India in 2018.

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Agencies
January 12,2020

Mumbai, Jan 12: Thousands of citizens on Sunday congregated in Mumbai's suburban Jogeshwari to oppose the new citizenship law, the proposed NRC and NPR.

They also condemned last Sunday's violence on the JNU campus in Delhi, where masked men ran riot and attacked students. Leftist organisations had claimed RSS-affiliated ABVP's role in the attack, a charge denied by the students' body.

Former Tata Institute of Social Science (TISS) general secretary Fahad Ahmed told PTI that they assembled under the aegis of 'Hum Bharat Ke Log' in Millat Nagar area.

"Prime minister Narendra Modi should call 56 students from across the country to debate on the CAA, NRC and NPR," Ahmed said in an apparent jibe at Modi's "56 inch chest" remark, which the latter had made ahead of the 2014 Lok Sabha polls.

"Why the PM is not talking to us? Why is he not communicating? Even the Britishers used to talk to Indians whom they ruled, but our PM is not talking to poor people," he alleged.

Bollywood actor Sushasht Singh also spoke on the occasion.

"We are people of this country and such acts (CAA) are tarnishing the image of our country," he said.

At the gathering, people waved banners with slogans like "I Am From Gujarat, My Documents Burned in 2002", "No CAA, Boycott NRC, Stop Dividing India, Don't Divide us", "Save Constitution", written on them.

A large number of police personnel were present at the venue.

The Citizenship Amendment Act (CAA), which was notified on January 10, grants Indian citizenship to non-Muslim minorities migrated to India from Afghanistan, Pakistan and Bangladesh till December 31, 2014, following persecution over their faith.

Massive protests were witnessed against the CAA, mainly by the student community, since its passage by Parliament in December last year.

Opposition parties have been dubbing the CAA an "anti-Muslim" legislation, a charge being debunked by the government.

The Congress and other parties like the TMC have also opposed the proposed National Register of Citizens (NRC) and the National Population Register (NPR).

Union home minister Amit Shah has said that the government won't rest until persecuted refugees are granted Indian citizenship.

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