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HC stays BSY govt's order to drop criminal prosecution in 61 cases against MLAs, ministers

HC stays BSY govt s order to drop criminal prosecution in 61 cases against MLAs, ministers
News Network
December 21, 2020
Bengaluru, Dec 21: In a setback for Chief Minister BS Yediyurappa-led government, the Karnataka High Court on Monday stayed a state government order to drop criminal prosecution in 61 cases against Members of the Legislative Assembly (MLAs) and ministers.
A division bench of Chief justice Abhay S Oka and Justice Vishwajith Shetty stayed the order, which was issued on August 31 earlier this year. We direct that no further steps shall be taken on the basis of order based August 31, the bench said.
The bench was hearing a petition filed by an NGO named People Union of Civil Liberties, Karnataka, challenging the August 31 order wherein the government had granted permission for the withdrawal of prosecution of 61 cases under Section 321 of the Code of Criminal Procedure. ....

Abu Dhabi , Abuz Aby , United Arab Emirates , Abubaker Al Khoori , Ehud Olmert , Zayed Al Nahyan , Finablr Plc , Health Plc , Global Fintech Investments Holding , Israel Finance Ministry , Abu Dhabi Executive Council , Prism Group Of Israel , Prism Group , Israeli Prime Minister Ehud Olmert , Royal Strategic Partners , Sheikh Hazza , Vice Chairman , Abu Dhabi Executive , Finance Ministry , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஸேயெட் அல் நஹ்யான் , ஆரோக்கியம் ப்ல் , உலகளாவிய ஃபிண்டெக் முதலீடுகள் வைத்திருத்தல் , இஸ்ரேல் நிதி அமைச்சகம் , ப்ரிஸம் குழு ஆஃப் இஸ்ரேல் , ப்ரிஸம் குழு ,

Shocking! UAE-based Indian billionaire BR Shetty's company sold for $1

BR Shetty
File Photo
UAE-based Indian billionaire BR Shetty s company Finablr Plc is getting ready to sell its business to an Israeli-UAE consortium for $1, capping the collapse of a business that had a market value of $2 billion (Rs 14,700 crore) last December.
According to media reports, Finablr, the scandal-marred platform for payments and foreign exchange solutions, announced that it has entered into a definitive agreement with Global Fintech Investments Holding (GFIH), an affiliate of Prism Group of Israel, to sell to GFIH the entire issued share capital of Finablr Limited.
Prism Group, linked to a former Israeli Prime Minister Ehud Olmert, has formed a consortium with Abu Dhabi s Royal Strategic Partners (RSP) in connection with the transaction. ....

Abu Dhabi , Abuz Aby , United Arab Emirates , Abubaker Al Khoori , Ehud Olmert , Zayed Al Nahyan , Finablr Plc , Global Fintech Investments Holding , Israel Finance Ministry , Abu Dhabi Executive Council , Prism Group Of Israel , Prism Group , Finablr Limited , Israeli Prime Minister Ehud Olmert , Royal Strategic Partners , Sheikh Hazza , Vice Chairman , Abu Dhabi Executive , Finance Ministry , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஸேயெட் அல் நஹ்யான் , உலகளாவிய ஃபிண்டெக் முதலீடுகள் வைத்திருத்தல் , இஸ்ரேல் நிதி அமைச்சகம் , ப்ரிஸம் குழு ஆஃப் இஸ்ரேல் , ப்ரிஸம் குழு , அரச மூலோபாய கூட்டாளர்கள் ,

Shocker! UAE-based Indian billionaire BR Shetty's company sold for $1

Shocker! UAE-based Indian billionaire BR Shetty s company sold for $1
Finablr had a market value of $2 billion last December and reported more than $1 billion in undisclosed debts in April.
Businessman BR Shetty. (Source: Twitter)
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Updated: Dec 18, 2020, 03:47 PM IST
UAE-based Indian billionaire BR Shetty’s company Finablr Plc is getting ready to selling its business to an Israeli-UAE consortium for $1, capping the collapse of a business that had a market value of 1.5 billion pounds ($2 billion) last December.
Finablr, the scandal-marred platform for payments and foreign exchange solutions, announced that it has entered into ‘a definitive agreement’ with Global Fintech Investments Holding (GFIH), an affiliate of Prism Group of Israel, to sell to GFIH the entire issued share capital of Finablr Limited. ....

Abu Dhabi , Abuz Aby , United Arab Emirates , Abubaker Al Khoori , Ehud Olmert , Zayed Al Nahyan , Finablr Plc , Health Plc , Global Fintech Investments Holding , Israel Finance Ministry , Abu Dhabi Executive Council , Prism Group Of Israel , Prism Group , Israeli Prime Minister Ehud Olmert , Royal Strategic Partners , Sheikh Hazza , Vice Chairman , Abu Dhabi Executive , Finance Ministry , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஸேயெட் அல் நஹ்யான் , ஆரோக்கியம் ப்ல் , உலகளாவிய ஃபிண்டெக் முதலீடுகள் வைத்திருத்தல் , இஸ்ரேல் நிதி அமைச்சகம் , ப்ரிஸம் குழு ஆஃப் இஸ்ரேல் , ப்ரிஸம் குழு ,

UAE-Israeli consortium to snap up troubled Finablr for $1

UAE-Israeli consortium to snap up troubled Finablr for $1
arabianbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabianbusiness.com Daily Mail and Mail on Sunday newspapers.

Abu Dhabi , Abuz Aby , United Arab Emirates , Duff Phelps , Israel Finance Ministry , Prism Group , Royal Strategic Partners , Finance Ministry , ஒன்றுபட்டது அரபு அமீரகங்கள் , டஃப் ஃபெல்ப்ஸ் , இஸ்ரேல் நிதி அமைச்சகம் , ப்ரிஸம் குழு , அரச மூலோபாய கூட்டாளர்கள் , நிதி அமைச்சகம் ,

Finablr sold for $1 to Israeli-UAE consortium

Finablr sold for $1 to Israeli-UAE consortium
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The deal is also among the first significant commercial transactions between UAE and Israeli companies
December 17, 2020
Finablr is selling its business to an Israeli-UAE consortium for $1, capping the collapse of a business that had a market value of £1.5bn ($2bn) last December.
An affiliate of Prism Group and Abu Dhabi’s Royal Strategic Partners will pay the nominal consideration and provide working capital to the business and operations of the financial services company. ....

United Arab Emirates , Abu Dhabi , Abuz Aby , Ehud Olmert , Prism Advance Solutions , Israel Finance Ministry , Prism Group , Royal Strategic Partners , Finance Ministry , Israeli Prime Minister Ehud Olmert , Financial Times , ஒன்றுபட்டது அரபு அமீரகங்கள் , இஸ்ரேல் நிதி அமைச்சகம் , ப்ரிஸம் குழு , அரச மூலோபாய கூட்டாளர்கள் , நிதி அமைச்சகம் , நிதி முறை ,