Zohal Hamid linked to defence payoffs scandal, CBI told

July 7, 2012

zoyal_hamid

New Delhi, July 7: Zohal Hamid, a United States-based businesswoman who hit the headlines after she accused Australian cricketer Luke Pomersbach of assault in May, may have facilitated the operations of a firm linked to a 2011 defence payoffs scandal, documents sent to the Central Bureau of Investigation say.

C. Edmonds Allen, a New York-based lawyer and businessman whose complaints form part of the evidence which led the CBI to arrest New Delhi-based businessman Abhishek Verma and his Romanian-born wife Anca Neacsu last month, says Ms. Hamid was hired to escort influential retired Indian defence officials to an arms fair in Las Vegas.

The CBI alleges that Mr. Verma received $5,30,000 from a Zurich-based equipment supplier Rheinmetall Air Defence to bribe civil servants, to prevent the firm from being blacklisted. It is also investigating allegations that he parked several million dollars more in an escrow account controlled by Mr. Allen.

In a statement sent to the CBI, Mr. Allen alleged that Mr. Verma instructed him to obtain a multiple-entry Indian visa for Ms. Hamid, representing her as a fashion consultant employed by their firm, Ganton. “In the past three years, there have been several other women for whom I was requested to write letters of recommendation to the Indian Consulate for them to visit India for short-term employment. No proof of services was ever given to me or records of payments. Their photographs have been found on dubious websites not in keeping with the services for which recommendations were written,” Mr Allen alleges in a dossier complete with supporting photographs.

“My several requests to Abhishek Verma and Anca Neacsu about this lady’s remunerations and role in the company met with studied silence and winks, but Abhishek Verma once mentioned she was in India to do liaison work on his and Anca Neacsu’s behalf. He also informed me that Ms. Hamid will also be undertaking work for sales of small arms on behalf of the company.”

The Hindu made repeated efforts to contact Ms. Hamid on a cellphone she had used in May, but it was switched off. Her lawyer said he did not have current contact details. Mr. Verma, for his part, has moved a Delhi court saying e-mail produced by Mr. Allen was forgery.

Mr. Allen told The Hindu he had sent the CBI a detailed statement, and that investigators had been in touch. He, however, declined further comment on their conversation.

A CBI spokesperson confirmed that the agency had received a statement from Mr. Allen on Ms. Hamid, but said she was not immediately being investigated. However, “this does not mean the investigation will not turn in that direction at a later stage.”

Earlier this summer, Ms. Hamid accused Pomersbach of having outraged her modesty and physically assaulted her fiancé. The two sides, however, later settled the case out of court.


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News Network
June 10,2020

New Delhi, Jun 10: Petrol price on Wednesday was hiked by 40 paise per litre and diesel by 45 paise, the fourth straight daily increase in rates after oil PSUs ended an 82-day hiatus in rate revision. Petrol price in Delhi was hiked to Rs 73.40 per litre from Rs 73, while diesel rates were increased to Rs 71.62 a litre from Rs 71.17, according to a price notification of state oil marketing companies.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

This is the fourth daily increase in rates in a row since oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus.

In four hikes, petrol price has gone up by Rs 2.14 per litre and diesel by Rs 2.23.

Latest petrol, diesel prices in top cities:

New Delhi: Petrol ₹73.40. Diesel ₹71.62

Gurgaon: Petrol ₹72.86. Diesel ₹64.90

Mumbai: Petrol ₹80.40. Diesel ₹70.35

Chennai: Petrol ₹77.43. Diesel ₹70.13

Hyderabad: Petrol ₹76.20. Diesel ₹70b

Bengaluru: Petrol ₹75.77. Diesel ₹68.09

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March 31,2020

New Delhi, Mar 31: India is likely to blacklist about 300 foreigners who came from 16 countries, including Malaysia and Thailand, on tourist visas but attended an Islamic congregation at Nizamuddin here that has become a key source for the spread of coronavirus in the country, officials said on Tuesday.

These foreigners were among around 8,000 people who attended the Tabligh-e-Jamaat at Nizamuddin Markaz facility in March, many of whom have shown symptoms of COVID-19, a Union Home Ministry officlal said.

About 30 of those who attended the Nizamuddin event in mid-March tested positive and at least three have succumbed to the infection in last few days.

"Those who came on tourist visa but attended the Nizamuddin event stands being in our blacklist as they have violated the visa conditions. Tourist visa holders can't attend religious function," a Union Home ministry official said.

If a foreigner is put in the Home ministry's blacklist, he or she can't travel to India in future.

A total of 281 foreigners were found by the police at the Nizamuddin campus in the last two days.

They include 19 people from Nepal, 20 people from Malaysia, one from Afghanistan, 33 from Myanmar, one from Algeria, one from Djibouti, 28 from Kyrgystan, 72 from Indonesia, 7 from Thailand, 34 from Sri Lanka, 19 from Bangladesh, three from England, one from Singapore, four from Fiji, one from France and one from Kuwait.

Most of these foreigners came on a tourist visa, an official said.

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Agencies
January 9,2020

The World Bank says that a lack of credit and drop in private consumption have led to a gloomy growth outlook for India with a steep cut in growth rate for the current fiscal year and only a modest gain projected for the next year.

India's growth rate is forecast to be only 5 per cent for the current fiscal year, weighed down by a growth of only 4.5 per cent in the July-September quarter, according to the 2020 Global Economic Prospects report released on Wednesday.

"In India, [economic] activity was constrained by insufficient credit availability, as well as by subdued private consumption," the Bank said.

The growth rate is forecast by the Bank to pick up to 5.8 per cent in the next fiscal year and to 6.1 per cent in 2021-22.

India's growth rate was 6.8 per cent in 2018-19.

The 5 per cent growth rate projection for the current financial year is a sharp cut of 2.5 per cent from the 7.5 per cent forecast made by the Bank in January last year, toppling it from the rank of the world's fastest growing economy.

India's performance follows a global trend of lowered growth weighed down by developed economies.

The report estimated world economic growth rate to be only 2.4 per cent last year and forecast it to edge up 0.1 per cent to 2.5 per cent in the current year.

Even with the lower growth rate of 5 per cent in the current fiscal year and 5.8 per cent forecast for the next, India holds the second rank among large economies, behind only China with an estimated growth rate of 6.1 per cent for 2019 and 5.9 per cent this year.

The report blamed "weak confidence, liquidity issues in the financial sector" and "weakness in credit from non-bank financial companies" for India's slowdown.

The Bank predicated India's recovery to 5.8 per cent in the coming financial year for India but "on the monetary policy stance remaining accommodative" and the assumption that "the stimulative fiscal and structural measures already taken will begin to pay off."

It also warned that sharper-than-expected slowdown in major external markets such as United States and Europe, would affect South Asia through trade, financial, and confidence channels, especially for countries with strong trade links to these economies."

The Bank said that the growth of advanced economies was 1.6 per cent last year and "is anticipated to slip to 1.4 per cent in 2020 in part due to continued softness in manufacturing."

In contrast the growth of emerging market and developing countries is expected to accelerate from 3.5 per cent last year to 4.1 per cent this year, the report said.

In South Asia, Bangladesh is estimated to have the highest growth rate of 7.2 per cent in the current fiscal year, although down from 8.1 per cent last fiscal year.

But its higher regional growth rates are coming off a lower base with a per capital gross domestic product of $1,698 compared to $2,010 for India.

Bangladesh is expected to grow by 7.3 per cent in the next financial year.

Pakistan's growth rate is estimated at only 2.4 per cent in the current fiscal year and is projected to rise to 3 per cent in the next, according to the Bank.

The Bank blamed monetary tightening in Pakistan for a sharp deceleration in fixed investment and a considerable softening in private consumption for the fall in growth rate from 3.3 per cent in the 2018-19 fiscal year.

Sri Lanka's growth rate was estimated to be 2.7 per cent last year and forecast to grow to 3.3 per cent this year.

Nepal grew by an estimated 6.4 per cent in the current fiscal year and will rise to 6.5 per cent in the next.

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