I-T seizes Rs 10 crore cash, 6 kg gold Jewellery in Chennai

executive@coastaldigest.com (Agencies)
December 20, 2016

Chennai, Dec 20: The Income Tax department has seized Rs. 10 crore cash and 6 kg gold jewellery as part of its anti-black money crackdown operations in the city.

I-Tseizes

Officials said the seizure, all in demonetised notes of Rs. 1,000 and Rs. 500, was made after searches were conducted against a trader dealing in imitation jewellery located in Periamet area of the city.

They said that the department sleuths acted against him based on a tip off about stashing of huge currency in scrapped high value notes and the trader was now being questioned about the source of the huge cash haul.

The interception was made in the city as part of taxman's anti-black money probe post demonetisation of the old currencies on November 8.

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Agencies
June 7,2020

Behrampur, Jun 7: A migrant labourer spent two days in jungle after allegedly being denied entry to a quarantine centre and his village in Behrampur.

According to a local from the village, no one helped the labourer. "He came from Chennai. He went to the police and block office but no one helped. Then, he went to the jungle."

Later, the police took him to the quarantine centre.

As per the Union Health Ministry, there are 2,608 confirmed COVID-19 cases in the Odisha, including 996 active cases, 1,604 recovered/discharged/migrated and 8 deaths.

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News Network
July 12,2020

Tamil Nadu, Jul 12: An alleged attempt by a 19-year-old man to "open a branch of the State Bank of India" at Panruti near Tamil Nadu was scuttled and he was arrested for forgery, police said on Saturday.

The man, son of retired SBI employees, had readied fake seals and challans of the public sector lender, and had other paraphernalia like a cash counting machine needed "to run a bank branch," on an upper floor of his residence at Panruti, about 25 km from Tamil Nadu.

He had not, however, put up any signboard. The SBI Panruti branch manager lodged a complaint with police seeking action following a tip-off by a customer that the man was "opening an SBI branch and has challans as well."

A printer who printed the challans and another who had made fake seals were held for similar offences and abetment.

They were produced before a magistrate court and enlarged on bail.

Asked if the man had cheated people by soliciting deposits or facilitating loans, Panruti police inspector K Ambethkar said, "no..we have not received any such complaint so far."

The man's late father had worked for SBI and his mother had retired from the same bank some time back, he said.

To a question, the police inspector said the man's mother, who has mobility issues, and another woman a relative living in the same house had no clue about his "idea."

Investigations revealed that he aspired to work for a bank and since he had closely watched banking operations for long he was "very knowledgeable" about it.

On the suspected motive, he said several of his replies were incomprehensible, childish, and strange notwithstanding his excellent understanding of the banking processes.

"He even calmly told us that he awaited approval from Mumbai to open the (SBI) branch and that he was about to put up a signboard," the inspector said, adding that the man had tried unsuccessfully to get employment on compassionate grounds in the SBI following the death of his father in harness.

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Agencies
July 17,2020

New Delhi, Jul 17: The first FIR against Volkswagen and Audi in India for installing cheat devices in their cars to misrepresent emissions has been filed in Noida.

The FIR was filed by Noida resident Aniljit Singh against the top officials of Volkswagen and Audi in India and their headquarters in Germany. These include Rahil Ansari, Brand Director, Audi India, Balbir Singh Dhillon, Head, Audi India, and Bram Schot, Chairman, Audi AG.

The FIR reviewed by media agency cites forgery, cheating and criminal conspiracy under various sections of the Indian Penal Code.

The complaint has cited the global emissions scandal where VW was found to be installing a cheat device in its cars, in the absence of which, the cars produced 10-40 times emissions beyond the permissible limits.

The complainant said that in 2018 he had purchased seven Audi cars worth crores of rupees. At the time of taking the delivery, the complainant said that he inquired if the cheat devices were installed in India and he was told by the company that they were not, as in India's emission norms were not as stringent and the country being a growing market for Audi, no such device was implanted.

The complaint said that the authorities in India observed that Audi cars' emissions for nitrogen oxide were 5-8 times the permissible limits and after the National Green Tribunal imposed a penalty of Rs 500 crore on VW, the complainant realised that he had been duped of his hard earned money.

He alleged that the accused persons had misrepresented the complainant by forging the documents and devices and caused wrongful gains to themselves and wrongful losses to the complainant. These officials had made wrong records to capture the market, with malafide intent and under a pre-planned conspiracy had induced and defrauded the complainant.

The accused persons are guilty of cheating the customers and have induced the complainant to part with hard earned money for sub-standard cars. The accused are also guilty of forging the documents on which they had sought various clearances.

The complainant has demanded that the allegations may be thoroughly investigated by a senior official.

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