ED seizes Dabur India director's assets worth Rs 21 cr
New Delhi, May 22: The Enforcement Directorate on Tuesday seized assets worth Rs 20.87 crore belonging to the director of Dabur India Limited under Foreign Exchange Management Act (FEMA) for holding assets abroad.
The seizure order has been issued pursuant to an investigation which prima facie revealed that the company's Director Pradip Burman had deposited $3.21 million in his account with the Hong Kong and Shanghai Banking Corporation (HSBC) in Zurich, according to ED officials.
Burman declared before the Income Tax Department that he had earned the amount, but had not shown it in the IT returns, filed in India for the period 2007-08.
After the investigation, the IT Department filed a prosecution complaint against him in the court of metropolitan magistrate, which is pending trial.
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UP: Misled by GPS navigation, car falls into river from partially constructed bridge, 3 dead
Bareilly (UP), Nov 24: Three people died when their car fell into the Ramganga river from a partially constructed bridge here on Sunday, police said, adding that they suspect the driver was misled by its navigation system into taking the unsafe route.
The accident occurred around 10 am on the Khalpur-Dataganj road when the victims were travelling from Bareilly to Dataganj in the Badaun district, they said.
"Earlier this year, floods had caused the front portion of the bridge to collapse into the river, but this change had not been updated in the system," Circle Officer Ashutosh Shivam said.
The driver was using a navigation system and did not realise that the bridge was unsafe, driving the car off the damaged section, the police said.
There were no safety barriers or warning signs on the approach to the damaged bridge, leading to the fatal accident, Shivam said.
Upon receiving information, police teams from Faridpur, Bareilly and Dataganj police station rushed to the spot. They recovered the vehicle and the bodies from the river, Shivam added.
The circle officer said that bodies had been sent for post-mortem. Further investigation into the matter is underway.
— Bareilly Police (@bareillypolice) November 24, 2024
