Depositors and some say the large out of country depositors give rise to heightened concerns about issues such as money laundering. And in other banking news last week you may recall we reported that the Biggest Bank Fraud in Indian History was taking place at roughly one point eight billion dollar highs of the pun job National Bank or p n b well as an update Indian Federal Police have arrested five Bank Employees and have closed down the mom by branch that appears to have laundered the money but the case gets even more interesting as it surrounds a purported crook one of indias richest people known for his lavish lifestyle jeweler nearby modi unrelated to Prime Minister modi although the last known photograph of the alleged criminal was ironically taken with the Prime Minister in davos switzerland at the World Economic forum. The fraud appears to have gone on for nearly seven years and involved modi and his uncle in a scheme that issued fraudulent guarantee letters of credit which the
Europe and north america are the highest they have been in the eleven thousand years which is leading to rising sea levels and greater frequency of storms like we witnessed this past Hurricane Season the assessment involved hundreds of scientists in the government and universities professor Katharine Hayhoe of texas Test University told the Financial Times that quote weve been smoking fossil fuels for hundreds of years the report is an x. Ray of our lungs we are in a very serious condition its all a bit more and that by the way at the end before we go a. Lot via a small country of two Million People its been a big Banking Center and theyve since theyve become independent from the former soviet union in one nine hundred ninety one but some recent news has tarnished a previously stellar reputation Central Bank Governor bill maher is rib civics has been accused of slow. Sitting a bribe and the nations Third Largest bank a b. L. V. Is facing sanctions from the United States for Money Laund
The Enforcement Directorate on Friday said it has attached the building and land of a university in Saharanpur worth Rs 4,440 crore as part of a money laundering probe against "absconding" former Uttar Pradesh BSP MLC Mohammed Iqbal and his family.
India News: After two days of searches in Kochi on a multi-level marketing company, Enforcement Directorate on Wednesday attached bank deposits of Rs 32 crore, ta
The PMLA Special Court on Thursday took cognizance of the charge sheet filed by the ED against 10 accused including Jharkhand Mukti Morcha leader Antu Tirkey in the land scam related to former Jharkhand CM Hemant Soren. The trial will be heard after the charge is framed against these accused.
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