Wednesday, January 5, 2011

Citibank fraud a systemic failure: Sanjeev Aggarwal

Citibank fraud a systemic failure: Sanjeev Aggarwal

Citibank fraud a systemic failure: Sanjeev Aggarwal

Posted:

Citibank fraud - Sanjeev Aggarwal, the first complainant in the Rs 300 core Citibank fraud, says the fraud is a systemic failure, and everyone is responsible for it.


Omar, Jaitley face-off over flag hoisting plan

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J&K Chief Minister has slammed the BJP for its youth wing's plan to hoist the national flag at the Lal Chowk in Srinagar on the Republic Day.


Jagan Reddy names new party YSR Party

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Jagan Mohan Reddy, the son of former Andhra Pradesh Chief Minister YSR Reddy, has submitted an application to register his new party, to be called YSR Party. Jagan had quit the Congress in November, after months of rebellion as he struggled to come to terms with the fact that the Congress did not view him as the natural successor of his father, who died in a helicopter crash in September 2009.


Banks to allow single ATM transaction for one PIN entry

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Next time you go to a bank ATM, be ready to re-enter your PIN afresh for every transaction you wish to conduct, such as money withdrawal, balance enquiry and checking account details.


Kiran Reddy meets Sonia, discusses Telangana

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Telangana report - On the eve of the release of the Justice B N Srikrishna Committee report on Telangana, Andhra Pradesh Chief Minister N Kiran Kumar Reddy today met Congress President Sonia Gandhi and is understood to have discussed the political situation in the state.


Ex CJI’s Balakrishnan's son-in-law PV Sreenijan resigns from Youth Congress

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Facing a vigilance probe over allegation of amassing wealth, P V Sreenijan, son-in-law of former CJI K G Balakrishan, today resigned the membership of the Youth Congress.


BJP takes on Sonia, PM over Bofors

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BJP today said it would raise the pitch against corruption in government in the wake of the Income Tax Tribunal's decision on the Bofors case and pass a special resolution on the issue at its executive meeting in Guwahati.


At Coorg coffee plantations, history and hospitality

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Like many mornings, this one started with a cup of coffee. But while our group of four had traveled far to get to this quiet, mountainside veranda in the southwestern Indian state of Karnataka — my wife, Katy, and I from Mumbai, our friends Franklin and Sarah all the way from the United States — our coffee had not.


Amid reports of DMK turmoil, Baalu meets Sonia

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Dravida Munnetra Kazhagam (DMK) Parliamentary Party leader T R Baalu today met Congress President Sonia Gandhi when the state of the alliance between the two parties in Tamil Nadu came up for discussion.


Ten Indians jailed for murder in Dubai

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Eleven bootleggers, ten from India and one from Pakistan, have been sentenced to prison terms ranging from 10 years to life after being convicted for beating a man to death and burying his body in a shallow sandy grave in Dubai.


Alagiri quits cabinet, wants Raja sacked from DMK posts: Sources

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It's once again open war within the DMK's first family. Party chief M Karunanidhi's son, MK Alagiri has reportedly submitted his resignation from the Cabinet. He was Minister for Chemicals and Fertilizers. Alagiri has also quit his post within the DMK as Organising Secretary.


MLA stabbing case: No evidence of blackmail, says Bihar Police

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The Bihar police is trying to piece together what motivated Rupam Pathak, the woman teacher, to stab Raj Kishore Kesri, a four-time MLA, to death in full public gaze in Purnea yesterday.


Adarsh scam: Information Commissioner Ramanand Tiwari goes on leave, won't quit

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Adarsh scam - The second bureaucrat named in the Adarsh Housing society scam, Information Commissioner Ramanand Tiwari has sent his leave application to the Governor.


Citibank scam: Two more Hero executives who participated

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After its Assistant Vice President Sanjay Gupta was arrested in connection with the 300-crore Citibank scam, the Hero Group has reportedly identified two more employees who participated in the swindle. "Ganpat Singh and Gaurav Jain -- working in the accounts department have also been identified to have been in possible collusion with Sanjay Gupta and Citibank employees," Hero Corporate Service said in a statement released today.


Mud facial for Taj Mahal after April

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The Taj Mahal will look more bright and beautiful in days to come as the Archaeological Survey of India is planning to give it a cleansing mud facial.


Citibank's Vikram Pandit won't be questioned: Gurgaon police

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After one of its big investors filed an FIR naming Citibank CEO Vikram Pandit, and other senior officials, in the Rs 300 crore scam, the Gurgaon police have said they will not be calling Citibank's top bosses for questioning.


Alagiri threatens to quit DMK post over Raja: Reports

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The DMK's troubles are far from over. Hit hard by the alleged involvement of prominent leader A Raja in the massive 2G scam in an election year, the party now has to again deal with rebellion at home.


No apology to Digvijaya Singh, says NCP

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NCP has dismissed Digvijaya Singh's demand for an apology from Maharashtra Home Minister RR Patil in the wake of the controversy over the telephone call the Congress leader claimed to have received from slain top cop Hemant Karkare on 26/11.


India to head UNSC fight against terror

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India has begun her two-year-stint as non-permanent member of the UN Security Council. In addition, India has been given the responsibility of heading the Security Council committee 1373 that deals with counter-terrorism.


Moin-ud-Dowlah Gold Cup swapped?

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The Moin-ud-Dowlah tournament is the oldest cricket tournament in India, dating back to 1931. Now, a startling revelation that the Moin-ud-Dowlah Gold Cup was most likely swapped with a fake one during its association possession has stunned the officials and others alike.


Citibank statement on Shivraj Puri's claims

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Citibank scam - After Shivraj Puri, a former Citibank manager who is behind the Rs. 300 crore scam, allegedly told the police that the top rung of the bank was aware of how his scam worked, Citibank issued a statement late Tuesday evening.


Environment Ministry team to conduct on spot test at Lavasa site today

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Lavasa site controversy - A technical team from the Environment Ministry will visit the site of the Lavasa township near Pune today. The construction at Lavasa is held up for want of environmental clearance.


CWG scam: Games OC chief Suresh Kalmadi questioned by CBI

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CWG scam - Commonwealth Organising Committee chief Suresh Kalamdi was today questioned by the CBI in connection with alleged financial irregularities in the conduct of the sports event.


Kerala Govt asks ex-CJI Balakrishnan's brother to quit

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There is another blow for former Chief Justice of India (CJI) Justice K G Balakrishnan as the Kerala government has asked his brother K G Bhaskaran to resign as the state's advocate, or go on leave for allegedly amassing wealth beyond his known sources of income.


Jnaneswari disaster: Joint forces arrest Sunil mahato

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Joint forces have arrested Sunil Mahato in connection with the Jnaneswari train derailment case. Mahato is the eighteenth arrest in the case.


Militant attack in Srinagar; SHO, constable injured

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A police officer and his security guard were shot at and injured by militants in Batmaloo area of the Srinagar on Tuesday night, police said.


Jairam vs Kerala government over GM rubber trials

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The Union Environment Ministry has written to the Kerala government asking it to go ahead with the field trials of genetically modified (GM) rubber in the state.


Here's proof that I spoke to Karkare, says Digvijaya

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Brandishing phone records, Digvijaya Singh finally proved that he did have a conversation with Mumbai police officer Hemant Karkare hours before the chief of the city's Anti-Terror Squad was killed in the 26/11 attacks.


Karnataka Panchayat elections: Breather for Yeddyurappa

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Despite an array of allegations of corruption against some of its senior-most members including the chief minister, the BJP has delivered strong results in the zilla panchayat elections in Karnataka.


Chidambaram speaks on Binayak's conviction; invites TRS

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At his monthly briefing Home Minister P Chidambaram touched upon Binayak Sen's conviction to the upcoming Telangana meeting among a host of other issues.


Posted by Harshad at 3:39 AM

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