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South Africa to store India's shipment of COVID-19 vaccine in 'secret place': Report

South Africa Department of Health spokesperson Popo Maja said, “The vaccines are a highly-rated commodity once they're stolen and reach the black market."

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KYC must for cash purchase of jewellery above Rs 10 lakh, govt clarifies

The Department of Revenue (DoR), Ministry of Finance has clarified that any purchase of gold, silver, jewellery, or precious gems and stones below Rs 2 lakh does not require PAN or Aadhaar of a customer as mandatory Know Your Customer (KYC) document. Sources said that the notification issued under PML Act, 2002, on December 28, 2020, is a requirement of FATF Dealers in Precious Metals and Precious Stones (DPMS) to carry out KYC and Customer Due Diligence only when they conduct cash transactions above Rs 10 lakh. This is a requirement of FATF (Financial Action Task Force) - the global money laundering and terrorist financing overseer which as the inter-governmental body sets international standards aimed to prevent illegal activities on terror funding and money laundering, they added.

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DOD: Latest AWS Challenge In JEDI Cloud Contract Is 'Prohibited' By Law

DOD: Latest AWS Challenge In JEDI Cloud Contract Is ‘Prohibited’ By Law The U.S. government is seeking the dismissal of Amazon Web Services’ latest allegations against President Trump in the $10 billion cloud computing contract award to Microsoft. By Kyle Alspach December 16, 2020, 06:29 PM EST The U.S. government on Wednesday urged the dismissal of Amazon Web Services’ amended complaint over the JEDI cloud contract, saying that what AWS is attempting to do is not permitted under legal precedent. “AWS was aware of all the facts on which it bases these allegations well prior to both the original award and prior to DoD reaffirming the award on remand,” the U.S. government said in the filing, which was filed by attorneys for the Department of Defense and Department of Justice. “Yet in both circumstances [AWS] declined to raise these allegations until after it learned that its proposal had been rejected.”

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