-The Hindu Attaches Swiss bank accounts of City Limouzines Group, says the case will help other international investigations For the first time, the Enforcement Directorate (ED) has been able to convince Switzerland to give it access to attach the accounts of an Indian company, City Limouzines, under the Prevention of Money Laundering Act (PMLA). The company was allegedly involved in running a racket of ponzi schemes in various cities and has stashed...
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Clinical trials: Regulating chaos-Vidya Krishnan and Malia Politzer
-Live Mint The first in a two-part series examining the opaque world of clinical trials in India A hospital in Indore has been able to get away with unethical medical trials in which 32 people have died over five years, according to the state government. This despite several investigations, a state government ban and Supreme Court strictures—a classic example of the lawless nature of the clinical trial business in India. Lata Mehra, who...
More »CBI probes offshore mining licence scam -Neeraj Chauhan
-The Times of India A new scam worth several thousands of crores has come to light. The Central Bureau of Investigation has started a probe into serious irregularities in awarding offshore mining blocks to private companies which did not fulfill the eligibility criteria. The CBI has registered a preliminary enquiry (PE) against officials of the Indian Bureau of Mines (IBM), the ministry of mines as well as private companies which secured licences...
More »Coal Blocks Allocated During Koda's Term Under CBI Lens
-Outlook At least five of the 13 coal blocks allocated when Madhu Koda was the Chief Minister of Jharkhand are under the CBI scanner for alleged irregularities in the applications submitted by the beneficiary firms. CBI sources said today preliminary investigations have shown there were alleged irregularities in the allocation of at least five coal blocks during the tenure of Koda--between September 2006 and August 2008. During the two-year period, the sources said...
More »Govt asks ministries to make public tour details of ministers
-PTI In a move aimed at increasing transparency, the Centre on Tuesday asked all its ministries to make public details of official foreign and domestic tours undertaken by ministers and senior officers. The details will include nature of the official tour, places visited, the period, number of people included in the official delegation and total cost of such travel undertaken by a minister or senior officers. The "suo motu" decision was taken after...
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