Corruption

Allegations against ICICI Bank pose reputational risks

ewsroom24x7 Network Mumbai/Singapore: An investigation into allegations that India’s ICICI Bank (BBB-/Stable/bbb-) extended a loan with a potential conflict of interest raises questions over the bank’s governance and creates reputational risks, says Fitch Ratings. According to Fitch, other regulatory sanctions are also possible, depending on the outcome of the investigation. The allegation regarding ICICI Bank […]

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Punjab National Bank Chief Vigilance Officer was awarded for excellence by CVC

Newsroom24x7 Network New Delhi: The Rs 11000 crore scam tainted Punjab National Bank Chief Vigilance Officer S.K.Nagpal received  the Chief Vigilance Commissioner’s Award for ‘Outstanding’  achievement  in  “Timely  Completion  of  Disciplinary  Proceedings” in 2007. The award  was  given  to  Nagpal, who took the credit for  completing  92%  of the  total  disciplinary  proceedings  within  the  prescribed  […]

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VYAPAM and PMT-2012: CBI files chargesheet against 592; DME officers, Middlemen and top functionaries of 4 Private Medical Colleges of Bhopal and Indore among accused

Newsroom24x7 Network Bhopal: The Central Bureau of Investigation on Thursday (23 November 2017) filed a chargesheet in the Designated Court here against 592 accused persons including 4 Vyapam officials; 3 racketeers; 22 middlemen; 334 Solvers and Beneficiary candidates; 155 guardians of Beneficiary candidates; 46 Invigilators; 2 former officers of the Department of Medical Education, Madhya […]

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Banks provide vital information about post-demonetization transactions of 5800 suspicious companies

Newsroom24x7 Network New Delhi: Vital information has been received by the Government of India from 13 banks regarding the bank account operations and post-demonetization transactions of some of the 2,09,032 suspicious companies that had been struck off the Register of Companies earlier this year. Investigative agencies have been asked to complete necessary investigation regarding these […]

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