Justice A K Ganguly, who was part of the bench that monitored the CBI probe into the 2G spectrum scam and retired soon after pronouncement of the explosive judgment ordering cancellation of telecom licences, wants the Supreme Court to follow what it has prescribed for the high courts - no judgment should remain reserved for more than three months. Justice Ganguly said litigants develop a grudge against the justice delivery system...
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Jury’s still out on amount of black money stashed abroad
-ENS Economic Bureau Estimates on black money stashed away by Indians is still very much a grey area. So when the CBI Director emphatically declared on Monday that $500 billion of illegal money belonging to Indians was deposited in tax havens abroad, the figure caused more than a mild flutter. Mainly because the information currently available on the black money economy is way too disparate and vague. Considering the available evidence, the...
More »Jairam clears massive outlay for Bihar's rural infrastructure by Shoumojit Banerjee
Union Rural Development Minister Jairam Ramesh on Tuesday cleared the decks for a huge fund outlay which is set to bolster Bihar's rural infrastructure. Speaking to journalists here, Mr. Ramesh said the Union Rural Ministry would pump in Rs. 2,500 crore for laying of over 6,500 km of rural roads across the State for fiscal 2011-12. “Bihar is a top priority for us with Rs. 8,000 crore being allotted from the Central...
More »Fodder scam: Lalu pleads not guilty, calls it political conspiracy by Sanjay Ojha
Former Chief Minister of Bihar Lalu Prasad Yadav on Tuesday claimed that all the allegations leveled against him in the Rs 900-crore fodder scam were biased and the CBI (Central Bureau of Investigation) had acted against him under political pressure to ruin his career. Lalu was replying to questions of special CBI judge PK Singh in the fodder scam case (RC 20/96) related to fraudulent withdrawal of more than Rs 37...
More »CBI chief’s wisdom: If king immoral, so will be subjects
-The Indian Express CBI director Amar Pratap Singh declared today that “if the king is immoral, so will be his subjects”, and sought “ethics in governance” while addressing an Interpol anti-corruption programme. In a hint at scams involving ministers, Singh said: “I am prompted to recall a famous verse from ancient Indian scriptures, which says ‘Yatha raja tatha praja’.” Singh said $ 500 billion (nearly Rs 24 lakh crore) had been stashed away...
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