Suspicious bag causes scare in Nashik; cops find nothing alarming
Nashik (PTI): An unattended bag spotted on a road in Maharashtra's Nashik city on Sunday morning created panic, but police later confirmed that it contained nothing suspicious.
The police received a call that a suspicious object was lying near the Indiranagar underpass, adjacent to the Mumbai-Agra national highway, in the morning, an official said.
After being alerted, the police rushed to the spot and evacuated the area. The Bomb Detection & Disposal Squad (BDDS) team, a dog squad and personnel from other agencies also reached the spot.
"We received a call that something suspicious was lying near the Indira Nagar underpass. On verification of the object, nothing suspicious was found. A birthday gift box was found. There is no need to panic. We request people not to spread any rumours," an official from Ambad police station said.
A car blast near the Red Fort in Delhi on November 11 claimed 13 lives and injured several others, even as investigators have said more attacks were planned in four cities across the country by an interstate 'white-collar terror' module.
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CBI registers fresh case against Reliance Communications, Anil Ambani
New Delhi (PTI): The CBI on Wednesday registered a fresh case against industrialist Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to Life Insurance Corporation (LIC) of India, officials said.
The CBI has filed the case for the alleged offences of conspiracy, cheating and misappropriation and under the provisions of the Prevention of Corruption Act on a complaint from the LIC, making it the fourth case against the company and Anil Ambani, they said.
The agency has alleged that LIC was fraudulently induced to subscribe to Non Convertible Debentures (NCDs) worth Rs. 4500 crore between 2009 and 2012 on the basis of false representations made by Reliance Communications Ltd. and its management regarding the financial health of the company, and security and asset cover offered to LIC while subscribing to the NCDs.
The insurer suffered a loss of over Rs 3,750 crore and ordered a forensic audit against the company.
The forensic audit report dated October 15, 2020, conducted by BDO India LLP, reported that RCOM and its management had resorted to misutilisation of funds raised from banks and financial institutions, routing of funds through subsidiaries, misuse of sale invoice financing, discounting of fictitious bills, systematic siphoning of funds through inter-company deposits/shell related entities, creating and write-off of fictitious debtors and receivables and gross overstatement of security.
It said there was a mismatch between the charges and the assets.
