-The Times of India Last week, a Hyderabad court acquitted 10 accused in the 2005 Hyderabad suicide bomber case. The blast had earlier been pinned on the Harkatul Jihad-e-Islami (HUJI) of Bangladesh, but the police's special investigation team could not back its claims. While most newspapers and TV channels reported the news, the hardship suffered by the 10 Muslim men who languished for 12 years in prison, was largely buried. Twocircles.net,...
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NDTV probe: Private banks fear debt resolution may be hit -Mayur Shetty
-The Times of India MUMBAI: Private sector bankers say that if NDTV's loan settlement with ICICI Bank is termed criminal, it could hit resolution of bad debts. The concerns follow the Central Bureau of Investigation (CBI) alleging that ICICI Bank officials may have caused wrongful gains to NDTV promoters by agreeing to cut the interest rate to settle the loan. "Settlement of any stressed loan involves some sacrifice by the banker. Often...
More »CBI books ex-chief Ranjit Sinha in corruption case -Devesh K Pandey
-The Hindu The Central Bureau of Investigation has registered a corruption case against its former Director Ranjit Sinha on allegations of abusing his authority to scuttle enquiries, investigations and prosecutions in the coal block allocation cases. He happens to be the second CBI chief to have been booked by the agency in 2017. The case was registered under the Prevention of Corruption Act on Monday pursuant to the Supreme Court directive...
More »'Only 19% of registered corruption cases end in conviction'
-PTI NEW DELHI: Among every 100 corruption cases registered by investigation agencies only about 19 ended in conviction of accused, analysis of data for last 15 years by a voluntary group shows. The findings of the data crunching done by Commonwealth Human Rights Initiative from 2001-15 shows Punjab has the best conviction rates with 36.58 per cent of registered cases ending in conviction. The national average of conviction in graft cases which reach...
More »Demonetisation: If rural cooperative banks sink, so will farmers -Ajay Vir Jakhar
-The Economic Times Farmers accustomed to decades of government policy failure are willing to bear the pain caused by the government’s decision to recall Rs 500 & 1000 bills, but engineering a systematic failure of the rural cooperative banking sector would be an unpardonable desecration. Earlier rural bank branches were given a step motherly treatment: Rural cooperative bank branches were not replenished with lower denomination currency, while the newer higher denomination notes...
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