Bank scams: Three fresh cases of financial fraud reported
New Delhi: Three fresh cases of financial fraud have come to light after the CBI filed cases against a jeweller, a businessman and a public servant on complaints by three different banks earlier this week, an official said on Saturday.
On Thursday, the Central Bureau of Investigation registered a case against diamond jewellery exporter Dwarka Das Seth International for an alleged bank loan fraud to the tune of Rs 389.85 crore towards the Oriental Bank of Commerce.
The CBI on Wednesday filed a case against businessman Amit Singla and others on a complaint of Bank of Maharashtra for securing a loan on false representation by forging documents and its criminal misappropriation and use.
On the same day, it filed a case against Inder Chand Chundawat, then Senior Branch Manager in Punjab National Bank's Barmer office, for abuse of official position.
Earlier, cases of major financial frauds worth Rs 11,300 crore by diamantaire Nirav Modi and by Rotomac owner Vikram Kothari have surfaced, in which the CBI has filed cases and effected several arrests.
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Liquor manufactures can sell liquor on tetra packs in Odisha: Minister
Bhubaneswar (PTI): Odisha Excise Minister Prithviraj Harichandan on Friday said the government has allowed the sale of liquor on tetra packets with certain criteria in its new Excise Policy for 2026-29.
Speaking to media persons here, Harichandan said selling liquor in tetra packs was there in the state's excise policy since 2014. However, it is not yet made available in the Odisha market, he said.
"If any licensed liquor manufacturer or vendor wants to produce or sell the liquor on tetra pack, they can do it. The government will not restrict them," he clarified.
The state government is giving priority for proper regulation of manufacturing and selling of liquor in the state, the minister added.
"We just ensure that there is no illegal sale of liquor in the state," he stated.
As per the new Excise Policy, which came into force from April 1, India-made foreign liquor (IMFL) manufacturers can supply their products in tetra packaging and in glass bottles in specified sizes. Only 180 ml can be supplied in tetra packs.
The tetra packs must have six protective layers and must have the shelf life or the date fit for consumption clearly mentioned on the packaging, the policy guidelines said.
Before using the tetra packs for packaging of liquor, the manufacturing units must take certification from the Central Food Technology Research Institute or Indian Institute of Packaging, or any such institute as notified by the excise commissioner, it said.
Earlier, opposition leaders had demanded the rollback of the government's decision to introduce the sale of liquor in tetra packs, calling the move "unethical" and "anti-youth".
