SNC-Lavalin is a Montreal-based engineering major, which was first implicated in a financial bribery case booked by the CBI in 2008 in which Kerala Chief Minister Pinarayi Vijayan had been named. Vijayan was cleared in August this year.
While Nand Lal Khemka is shown as beneficiary or “officer” for 17 of these entities, one of his sons Shiv Vikram is shown as the “officer” of 104 entities and another, Uday Harsh Khemka, the “officer” for 102 offshore entities.
Paradise Papers: The announcement came hours after the release of the first set of Indian corporates in the ongoing investigation by The Indian Express in collaboration with the International Consortium of Investigative Journalists (ICIJ) and German newspaper Suddeutsche Zeitung.
The Paradise Papers is the fourth collaborative investigation into offshore and banking assets done by The Indian Express with the ICIJ. Among the 180 countries represented in the data, India ranks 19th in terms of the number of names. In all, there are 714 Indians in the tally.
While at the beginning of the year (The Indian Express, March 16, 2017) the number of requests sent by India stood at 283 cases, it has now crossed 300. And while the number of replies received from among these 13 jurisdictions stood at 165, that figure has now crossed 240.
The Rs 577-crore bill is largely on account of huge consignments of imported/indigenous currency note paper used for Rs 1,000 and Rs 500 denominations as well as consignments which had been previously ordered or were in the process of being shipped to India.
Bofors acquittal case: The CBI has made this admission almost 12 years after its then Director U S Misra signed a 36-page confidential file on the subject of filing an SLP against the R S Sodhi judgment.
Sources have told The Indian Express that DoPT has sent the former Finance Secretary a “show-cause” seeking his explanation on how extensions were given to DelaRue, a British firm, in 2012 for the supply of colour shift (security) thread without tenders when he was Finance Secretary.
Demonetisation: The “pipeline” demonetised collections, according to these officials, include banned notes lying with citizens in Nepal as deliberations between the RBI and the Nepal Rashtra Bank (NRB) for the exchange of such notes did not fructify.
The Supreme Court’s ruling last week that privacy is a fundamental right is an “unsatisfactory resolution” and indicates that “the judiciary is taking over the functions of Parliament”, former attorney general Mukul Rohatgi told The Indian Express in an exclusive interview.
Rohatgi said, “The government should not have diluted their stand in court because the inclusion or exclusion of fundamental rights is only the proviso of Parliament... Here, the judiciary is taking over the functions of Parliament and it is a very unsatisfactory resolution of the dispute.”
“Our idea is to create a data-driven platform for auditing the GST which is independent of time, place and person. Our State Auditor Generals are already interacting with state governments with requirements for the digital GST audit,” he said.
According to investigators, the raids also unearthed a separate tranche of emails related to a property deal in London, which allegedly link Bhandari to Congress chief Sonia Gandhi’s son-in-law Robert Vadra.
Panama Papers: Data shows that in several of these companies incorporated by Mossack Fonseca, there was a fresh allotment of shares and, therefore, enhanced holdings among members of the Mehra family, first in 2011, then 2013 and, finally, March 2015.
The Indian Express reported Wednesday that the first phase of the review covers 114 bodies under seven ministries/departments from 679 for which central assistance of Rs 72,206 crore has been provided in the annual Budget.
The review of autonomous bodies, starting with those constituted under the Societies Registration Act, commenced in January this year and the first phase covered 114 bodies across seven ministries/departments.
The ailing 73-year-old Sobhraj, whose frailty belies his earlier image of a flamboyant killer who went after Western tourists, spoke to The Indian Express from hospital and said he had taken permission to make the phone call.
One company official who received the summons told The Indian Express that the company has already appeared before the ED but has been unable to give details of what services these two firms — ASCPL and Chess — offered.
Although Governor’s rule has been imposed thrice during his two terms, Vohra is said to have conveyed that imposing it again without initiating any political dialogue would serve no purpose, given the situation in the Valley.
Revenue records and stamp paper agreements listing the sale of land parcels in Amipur show that between 2006 and 2008, Robert Vadra purchased around 45 acres in Amipur while Priyanka purchased 5 acres.
According to data made available at the latest meeting of the Multi Agency Group (MAG) last month, the number of Indian clients of Mossack Fonseca, whose PAN numbers had been traced, has swelled to 424.