Can Nirav Modi, Vijay Mallya leave India without BJP connivance: Arvind Kejriwal

Agencies
February 15, 2018

Delhi Chief Minister Arvind Kejriwal has questioned the Narendra Modi-led Bharatiya Janata Party (BJP) government amid reports of billionaire jeweller Nirav Modi, who is under Enforcement Directorate scanner over Rs 280 crore fraud at Punjab National Bank.

Taking to Twitter on Thursday, the Aam Aadmi Party (AAP) leader said, “Is it possible to believe that he (Nirav Modi) or Vijay Mallya left the country without active connivance of BJP govt?”

This came even as the Enforcement Directorate on Thursday conducted raids at Modi’s residence and offices in Mumbai.

Official sources said the agency sleuths swooped down on at least ten premises of entities involved in the case early morning. The premises raided by the ED in Mumbai include Modi's residence in Kurla, his jewellery boutique in Kala Ghoda area, three company locations in Bandra and Lower Parel, three premises in Surat in Gujarat and Modi's showrooms in Chanakyapuri and Defence Colony in Delhi.

Modi, 46, has been booked by the Central Bureau of Investigation (CBI) for cheating after PNB sent a complaint to it alleging that the jewellery firm owner, his brother Nishal, wife Ami, and one Mehul Choksi entered into a criminal conspiracy with the officials of the bank and cheated it, causing a "wrongful loss".

The billionaire diamantaire, whose jewellery creations are popular among global celebrities, has two boutiques in Delhi and Mumbai. He has several boutiques worldwide including Hawaii, Las Vegas, New York, London, Kuala Lumpur, Singapore, Beijing, Macau and Hongkong.

State-owned PNB on Wednesday said it had detected a USD 1.77 billion (about Rs 11,400 crore) scam. PNB has suspended ten officers and referred the matter to CBI for investigation.

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News Network
July 21,2020

New Delhi, Jul 21: The Enforcement Directorate is understood to have initiated a process to freeze over 60 bank accounts in the country on the request of the Brazilian government in connection with a money laundering case in that country, offiicials said on Monday.

They said the agency has undertaken the action under the provision of the Prevention of Money Laundering Act (PMLA) in pursuance of a mutual agreement between the two nations to combat financial crimes.

The over 60 bank accounts are held by some individuals and businessmen based in the country, they said.

The probe, they said, is linked to some high profile people of Brazil.

The suspected accounts sought to be frozen by the Enforcement Directorate (ED), on behalf of the Brazilian government, are stated to be of banks in Delhi and Mumbai, they added.

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News Network
January 27,2020

Jan 27: Bollywood Film Director Anurag Kashyap, who has been vocal about his political views on social media, slammed Union Minister Amit Shah and accused him of being 'cheap'.

"How timid our Home Minister is. Its own police, its own goons, its own army and security increases and invades unarmed protestors. Amit Shah has crossed the extent of cheapness and inferiority. History will spit on this animal," Kashyap tweeted.

The film director has taken an active part in the anti-Citizenship Act protest rallies and was against the Jawaharlal Nehru violence. He also came in support of his contemporary Deepika Padukone when the latter faced backlash for showing up at JNU in support of the students.

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News Network
May 28,2020

May 28: Boeing is cutting more than 12,000 jobs through layoffs and buyouts as the coronavirus pandemic seizes the travel industry, and more cuts are coming.

One of the nation's biggest manufacturers will lay off 6,770 U.S. employees this week, and another 5,520 workers are taking buyout offers to leave voluntarily in the coming wee

Air travel within the U.S. tumbled 96% by mid-April, to fewer than 100,000 people on some days. It has recovered slightly. The Transportation Security Administration said it screened 264,843 people at airports on Tuesday, a drop of 89% compared with the same Tuesday a year ago.

Boeing had said it would cut 10% of a work force that numbered about 160,000. A Boeing spokesperson said Wednesday's actions represent the largest number of job cuts, but several thousand additional jobs will be eliminated in the next few months.

The layoffs are expected to be concentrated in the Seattle area, home to Boeing's commercial-airplanes business. The defense and space division is stable and will help blunt the impact of the decline in air travel and demand for passenger jets, the company said.

Boeing said additional job cuts will be made in international locations, but it did not specify numbers.

"The COVID-19 pandemic's devastating impact on the airline industry means a deep cut in the number of commercial jets and services our customers will need over the next few years, which in turn means fewer jobs on our lines and in our offices," CEO David Calhoun said Wednesday in a memo to employees.

Calhoun said the company faces the challenges of keeping employees safe and working with suppliers and airlines "to assure the traveling public that it can fly safe from infection."

Calhoun warned that Boeing will have to adjust business plans constantly because the pandemic makes it hard to predict the impact on the company's business.

Boeing's crisis began with two crashes of its 737 Max, which led regulators around the world to ground the jetliner last year. The company's problems have deepened with the coronavirus, which has cut global air traffic by up to 90% and caused airlines to postpone or cancel orders and deliveries for new planes.

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