CBI Financial News

CBI court on Friday granted five days' remand to 3 arrested Railway employees, arrested in connection with the probe into the Blasore triple-train accident, for further interrogation. The CBI had demanded seven days' remand of the trio for further investigation but the court granted only five days.

New Delhi: The Central Bureau of Investigation (CBI), on Friday, arrested three people in connection with the Balasore train accident in Odisha that left around 300 people dead and injured more than 1,000. The investigation agency arrested the then SSE (Senior Section engineer) Arun Kumar, Section engineer Mohammad Amir Khan and technician Pappu Kumar under Sections 304 and 201 of the Indian Penal Code (IPC) and Section 153 of Railways Act, 1989, CBI said in a statement. The accident took place when a passenger train hit a stationary freight train, jumped off the tracks and hit another passenger train coming from the opposite direction.

The CBI on Friday took into custody three railway personnel in connection with the June 2 Balasore train accident, making its first arrests in the case, officials said.The agency arrested Senior Section Engineer (signal) Arun Kumar Mahanta, Section Engineer Mohammed Amir Khan and Technician Pappu Kumar, all posted in Balasore district, the officials said.

The Central Bureau of Investigation (CBI) has arrested three railway officials in connection with the Odisha train accident in which 293 people were killed -- 287 on the spot or brought dead to hospital while six succumbed to injuries in hospitals. More than 1,000 people were injured in the Odisha train accident.

Central Bureau of Investigation (CBI) on Friday arrested three people in connection with the Balasore train accident in Odisha that left at least 290 people dead during the horrific triple train crash. CBI arrested senior Section engineer Arun Kumar Mohanta, section engineer Mohammad Amir Khan and technician Pappu Kumar under Sections 304 and 201 of CrPC, news agency ANI reported.

Union Bank of India of ₹91.92 crore. The probe agency registered the case after a complaint was filed by the Pune branch of the bank against the private company, its directors – Kalyan J.

CBI has made a startling submission to a special C... moreCBI has made a startling submission to a special CBI court against Chanda Kochar.

Chanda Kochhar. This is the conclusion of the bank's board in line with the opinion of a former judge, ICICI Bank said in a communication to the CBI that ET has seen.

₹1.53 crore on income of ₹3.42 crore received by the family-held trusts that owned a south Mumbai flat, according to the CBI. According to the English daily Economic Times, the probe agency told the special CBI court that payment was made after a preliminary inquiry (PE) was kicked off against Kochhar and her husband Deepak. The south Mumbai flat and a loan of ₹64 crore are the two instances of alleged "bribery" claimed by CBI in its probe that Deepak Kochhar received in 2016.

Central Bureau of Investigation has filed a supplementary charge sheet against Bihar deputy CM Tejashwi Yadav, his father and erstwhile railway minister Lalu Prasad, mother and former CM Rabri Devi and others in the land-for-jobs case. Tejashwi has been charge sheeted for the first time in the case. According to people in the know, the charge sheet alleges that Tejashwi is also a «beneficiary».

New Delhi: The Central Bureau of Investigation (CBI) filed a second chargesheet against 17 accused in a 'Land for Job Scam', including the Ex-Union Minister of Railways, Lalu Prasad Yadav, his wife, and son, the investigative agency said in a statement today. It was alleged that the then Union Minister of Railways during the period 2004-2009 had obtained pecuniary advantages in the form of transfer of land in the name of his family members etc.

Tejashwi Yadav, his father and former railways minister Lalu Prasad and mother and former chief minister Rabri Devi in connection with the land for jobs scam case, officials said Monday. The charge sheet, which also names 14 others, is the second charge sheet in the case.

CBI is investigating the role of several people who allegedly helped former WAPCOS CMD Rajinder Gupta, arrested after the seizure of Rs 38 crore in cash from his premises, in purchasing properties worth crores by procuring demand drafts and pay orders in exchange for cash, the agency said its charge sheet. In the charge sheet filed before a CBI special court recently, the agency has alleged that Gupta amassed assets disproportionate to his known sources of income during his tenure as CMD of WAPCOS, a central public sector enterprise, from April 1, 2011 to March 31, 2019. The charge sheet filed under relevant provisions of the Prevention of Corruption Act and IPC Sections 109 and 201 (destruction of evidence) has named Gupta and his wife, Reema Singal, as accused.

Railways will not make public the CRS probe report on the Balasore triple train accident to ensure that there is no «influence or interference» on the CBI's ongoing investigation in the case, senior officials told PTI on Friday. While there has been no official confirmation, some sources said the Commission of Railway Safety (CRS) informed in its report that the accident occurred due to human error on the part of on-duty officials in the Signalling and Telecom Department as well as the Traffic Department. The officials failed to follow the standard operating procedure in place for train operations, according to the sources.

The Confederation of British Industry said that it is determined to “learn the lessons” following a wave of sexual misconduct and toxic culture allegations.

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The incoming global chair of Deloitte is set to stand down from the board of the scandal-hit Confederation of British Industry.

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JPMorgan and Morgan Stanley are among a host of banks to pause dealings with the Confederation of British Industry, as City firms join a flurry of companies looking to distance themselves from the scandal-hit lobby group.

Fund giant Abrdn may quit the Confederation of British Industry, a fresh blow to the scandal-torn lobbying group after insurance giant Aviva also pulled out.

Baroness Helena Morrissey and Gina Miller, two of the City’s most prominent business women, have said the CBI should not be allowed to survive in its current form, as the UK’s biggest business lobby group continues to grapple with workplace misconduct allegations that have plunged it into crisis.