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Ritu Sarin

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Ritu Sarin is Executive Editor (News and Investigation)

Investments in Merrill Lynch: I-T tracks new offshore trail in Cayman Islands
Mon, May 23, 2016

The Central Board of Direct Taxes (CBDT), after meeting these individuals, has sent communications seeking account details to the banks concerned in Switzerland and Singapore.

Digvijaya Singh voices the unease in Congress: Gave post mortem report Feb ’15, no action yet
Fri, May 20, 2016

Time for introspection past, now it is time for action: Kerala MP Tharoor

Panama Papers: Textile major Bhilwara Group has firm in BVI, says it is a lawful investment
Thu, May 05, 2016

The Bhilwara group is a leading yarn and textile manufacturer and exporter. It has also diversified into areas of power generation and infotechnology.

Panama heat: Income Tax Department knocks on 3 Delhi doors
Wed, Apr 27, 2016

The searches, officials said, began at three places around noon Tuesday and were on until late in the night.

Panama Papers: Special task force planned to get disclosures from offshore company owners
Wed, Apr 20, 2016

India had sent its representative, a director-level officer of the Central Board of Direct Taxes (CBDT) for the Paris meeting held on April 13, which was attended by tax officials from 25 countries exclusively on the impact of the Panama Papers.

Panama papers: Tax queries go out to all the names revealed
Wed, Apr 13, 2016

Officials said that the communications have already been dispatched to around 50 people in different cities and that these are in two parts. One query asks for confirmation of identity, second seeks details on firm, capital and permissions.

Panama Papers: Mossack Fonseca on Income Tax radar for 9 years in Delhi, details sought
Sun, Apr 10, 2016

Mossack Fonseca was mentioned as the incorporator in the I-T background note as the Department sought permission of Central Board of Direct Taxes bosses to tap the phones of corporate lobbyist Niira Radia in 2008.

Panama Papers: Thickest file is on NRI hedge fund manager in US prison
Fri, Apr 08, 2016

The assets of FCCF are listed as the balance in a bank account and 100% of the shares of an offshore Panamanian Corporation bought in 2007 named Opler Company Consulting Corp with a bank account in the Wintherbotham Merchant Bank of Bahamas.

Panama Papers: Red flags went up in Mossack Fonseca as CBI accused set up 12 companies
Thu, Apr 07, 2016

Records show Mossack Fonseca asked questions, sought clarifications on Madhu Koneru but finally gave him an all-clear.

Panama Papers: Mossack Fonseca set up firm linked to Niira Radia
Thu, Apr 07, 2016

An investigation of these papers shows the existence of one offshore entity owned by Radia, an International Business Company (IBC) registered in the British Virgin Islands (BVI) by Mossack Fonseka in 1994 named Crownmart International Group Limited.

Rosy blue also in HSBC list: Diamond dealers are tax haven’s best friends
Thu, Apr 07, 2016

At least 24 offshore companies linked to diamond major Rosy Blue in Mossack Fonseca files; Gembel family also in list.

Panama Papers: Dawood-link shadow, Iqbal Mirchi family took offshore route
Tue, Apr 05, 2016

Firm in British Virgin Islands linked to ‘property’ deals

FM Arun Jaitley on Panama Papers: There are no holy cows for us
Tue, Apr 05, 2016

"The Government is clear in its resolve is what I will say. There are no holy cows for us. Action will be taken against whoever is found to be in default," said Arun Jaitley.

Indians in #PanamaPapers list: Aishwarya Rai, Amitabh Bachchan, KP Singh, Iqbal Mirchi, Adani elder brother
Tue, Apr 05, 2016

Biggest leak of over 11 million documents of Panama law firm features over 500 Indians linked to offshore firms, finds 8-month investigation by a team of The Indian Express led by Ritu Sarin, Executive Editor (News & Investigations).

#PanamaPapers: Hidden in files, a trail of ‘payoffs’ by Italian firm via offshore companies for defence supplies to India
Tue, Apr 05, 2016

Italian firm Elettronica SpA has been dealing with the Ministry of Defence for decades.

From director to shareholder: ‘Shorten name from Aishwarya Rai to A Rai for confidentiality’
Tue, Apr 05, 2016

The Indian Express accessed MF documents which show that Rai, her father Kotedadi Ramana Rai Krishna Rai, mother Vrinda Krishna Raj Rai and brother Aditya Rai were appointed on May 14, 2005, as directors of Amic Partners Limited — with an initial authorised capital of $50,000.

Services get back old financial powers; MoD says new rules were creating problems in daily functioning
Fri, Dec 25, 2015

The MoD has acknowledged that restoration of the inherent financial powers to the DFP 2006 rules has come following pressure from the three forces.

Govt appoints former intelligence officer as advisor for Tibetan affairs
Sun, Oct 25, 2015

The appointment follows a trend of several former intelligence chiefs being given key assignment by the NDA government after retirement.

Technical services divison: Army orders summary of evidence against former CO of covert unit
Wed, Oct 14, 2015

The setting up of a fresh “summary of evidence” comes about four months after a 10-year jail term was pronounced against Sham Das D, the TSD clerk who was arrested in Kerala in 2012.

Matang Sinh arrest row: Ignoring govt, CVC orders fresh inquiry against ex-Home Secy
Thu, Oct 08, 2015

Vigilance body overturns advice of secy panel, seeks CBI, DoPT reports.

More accountability: CAG to audit projects cleared by National Security Council
Sat, Sep 26, 2015

CAG officials confirmed that they have started work on the special audit, and that their first secret report would be finalised soon.

Outed in lists, HSBC account holders lining up to declare
Thu, Sep 24, 2015

Just under Rs 500 cr declared so far, officials hope for surge in last six days.

Army moves to probe head of covert intelligence wing
Wed, Sep 23, 2015

The TSD was set up to conduct covert military operations but ran into trouble when reports of alleged irregularities and indiscriminate use of secret service funds emerged.

Sham Das: Jailed Havaldar privy to the secrets of disbanded unit
Wed, Sep 23, 2015

hile a list of what was contained in the CD became part of subsequent legal record, its precise contents are known only to the Military Intelligence and, probably, the Intelligence Bureau.

For a 9-year-old refugee in Munich: Food, clothes, smiles, a baby giraffe
Mon, Sep 14, 2015

With gigantic holding areas like the Messe filling up, indoor sport complexes and gymnasiums in smaller German towns are now being converted into refugee camps.

Two years ago, UPA discussed an ‘offer’ from underworld don Dawood Ibrahim to return home
Tue, Aug 11, 2015

The lawyer, who is said to have discussed Dawood’s “offer” with at least two senior Congress leaders, was told it was too much of a “hot potato” and that the prospect of conducting a trial against India’s most wanted on his terms was too risky.

In Memoriam-On board with Abdul Kalam: sambar-vada in Iceland
Wed, Jul 29, 2015

After every foreign tour, Kalam is known to have sent suggestions to the government on all the bilateral discussions he had abroad, which included his wishlist.

Ex- chief of IPL in new row: Rashtrapati Bhavan files complaint with Delhi Police against Lalit Modi
Sun, Jul 05, 2015

Complaint relates to tweet about President’s Secretary, police commissioner Bassi says suitable action likely soon.

India wanted to raid IC-814 in Dubai, but Farooq Abdullah opposed swap, says former RAW chief AS Dulat
Fri, Jul 03, 2015

A decade separated the two incidents but both times, A S Dulat, former chief of the Research and Analysis Wing (R&AW), had to face the wrath of then Jammu and Kashmir chief minister Farooq Abdullah over the release of wanted militants in the Kashmir valley. In his book Kashmir — The Vajpayee Years, published by […]

ED will need to prove Lalit Modi is wanted for arrest: Former Interpol sec general Ronald Noble
Fri, Jun 26, 2015

Lalit Modi had tweeted his pictures with former Interpol secretary general Ronald Noble, who tells his side of the controversy in this interview to Ritu Sarin.

CBDT probes ex-UPA Minister Preneet Kaur’s HSBC account ‘link’ to trusts, properties in London, Dubai
Tue, Jun 09, 2015

Notices sent to her, husband Amarinder, son Raninder; trail leads to Jacaranda Trust, firms in British Virgin Islands.

Swiss accounts: Yash Birla, City Limo chief, Ponty son-in-law among five new names
Wed, May 27, 2015

The names of these 5 "Indian nationals" have been made public in Switzerland's Federal Gazette with regard to details sought about them by the Indian authorities.

Law Ministry reviews tribunals and appellate bodies on PMO request
Tue, May 26, 2015

The exercise is meant to assess whether some of them can be clubbed together or even done away with.

Audit report of RS Secretariat reveals piled up discrepancies
Mon, May 11, 2015

CAG seeks explanation on payments, House TV channel

HSBC: 120 cases filed, undeclared income more than doubles
Wed, Apr 29, 2015

The total amount of undisclosed income increased from about Rs 1,500 crore in 2014-end to Rs 4,700 crore by March 31.

‘Boat blown up, heroin vessel had same handlers,’ Intelligence agencies say
Fri, Apr 24, 2015

The questioning is still on and is being conducted by a panel of sleuths from intelligence agencies.