Expelled AIADMK leader V K Sasikala, who is serving a jail term in a corruption case and has been hospitalised for COVID-19 is stable, according to the hospital where she is undergoing treatment. The symptoms have reduced and she is now stable, authorities at Victoria Hospital where Sasikala is being treated said on Sunday. Her sister-in-law J Ilavarasi, who is also serving a prison term in the corruption case, has tested positive for coronavirus and has been admitted to Victoria Hospital. In a bulletin issued by Dr C R Jayanthi, the Dean and Director of the Bangalore Medical College and Research Institute, which manages Victoria Hospital, said the 66-year old Sasikala s symptoms have reduced and her condition is stable.
The CBI has arrested one of its deputy superintendents of police R K Rishi and Inspector Kapil Dhankad along with an advocate in connection with an alleged bribery ring run by them within the agency to help companies accused of siphoning off bank loan funds worth Rs 4,300 crore, officials said Wednesday. The agency also conducted searches at Rishi s house in Saharanpur district of UttarPradesh and that of his wife in Roorkee, they said. Rishi, Dhankad and advocate Manohar Malik were booked by the CBI along with others for allegedly compromising the integrity of investigation of certain cases on extraneous pecuniary considerations .
The Enforcement Directorate has arrested former TMC MP K D Singh in a money laundering case, official sources said on Wednesday. They said Singh has been placed under arrest under sections of the Prevention of Money Laundering Act (PMLA). The Trinamool Congress (TMC) party is led by West Bengal Chief Minister Mamata Banerjee and Singh is stated to be not involved in the party affairs for quite some time. The central probe agency had carried out searches at the premises of Singh and those linked to him in September, 2019 in connection with two PMLA cases. Singh has been the chairman of the Alchemist group and while he resigned from the post in 2012, he is stated to be the Chairman, Emeritus and founder of the business group.
A court for Enforcement Directorate (ED) cases here has directed Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy to appear before it on January 11 in connection with an ongoing case involving certain private companies. Reddy has been directed to appear after the case had been transferred from a local court to the ED court, sources said, indicating that the matter related to alleged irregularities over land allotment to the companies during the rule of late chief minister Y S Rajasekhara Reddy, father of Reddy, in undivided Andhra Pradesh. The case (concerning ED) was being heard by the local court and it was to be transferred to the CBI/ED court, but the transfer did not happen.
The Central Bureau of Investigation (CBI) has registered a case against a private company based at Hyderabad on allegations of causing loss to banks to the tune of approximately 4736.57 crore. The Central Bureau of Investigation has registered a case against a private company(borrower company) based at Hyderabad and others including its Chairman and Managing Director, Guarantor; Managing Director and Guarantor; other Directors; Mortgagor; Other private firm and unknown public servants on a complaint from State Bank of India (Lead Bank) on behalf of other member banks (i.e. IDBI Bank, Canara Bank, BOB, BOM, PNB, UBI, EXIM Bank), for causing an alleged loss of Rs.4736.57 crore (approx) to the Banks, read an official statement.