Chandrayaan-3 touchdown point to be known as "Shiva Shakti Point": PM Modi
Bengaluru (PTI): Prime Minister Narendra Modi flew down to Bengaluru on Saturday directly from the Greek capital of Athens to interact with ISRO scientists on the successful Chandrayaan-3 mission and announced the decision to name the place where lander 'Vikram' touched down on the lunar surface as "Shiva Shakti Point".
Terming the success of Chandrayaan-3 mission as an 'extraordinary moment' in the history of India's India's space programme, he said the place where the Chandrayaan-2 lander crash-landed on the Moon's surface in 2019 would be known as "Tiranga Point".
August 23, the day the Chandrayaan-3 lander touched down on the lunar surface, would be celebrated as "National Space Day", said the Prime Minister, who turned emotional while addressing the team ISRO at ISRO Telemetry Tracking and Command Network (ISTRAC) here, as he lavishly praised them for their dedication and passion .
ISRO Chairman S Somanath briefed him about the Chandrayaan-3 mission.
A large number of people, many of them holding aloft national flags, gathered outside the HAL Airport and Jalahalli Cross, which is close to ISTRAC, to greet the Prime Minister.
On Wednesday evening as the Lander Module of Chandrayaan-3 mission successfully touched down on the lunar surface, Modi had joined the ISRO team at Mission Operations Complex (MOX) at ISTRAC virtually from Johannesburg, where he was attending the 15th BRICS summit.
Modi had also flown down to Bengaluru on the night of September 6, 2019 to watch the planned touch down of Chandrayaan-2 mission's 'Vikram' lander.
But in the early hours of September seven, barely minutes before it was slated to land, ISRO lost contact with the craft, just 2.1 kms above the lunar surface.
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Mehul Choksi arrested in Belgium on India's extradition request
New Delhi (PTI): Absconding diamantaire Mehul Choksi has been arrested in Belgium following an extradition request by Indian probe agencies for his involvement in the Rs 13,000 crore PNB bank loan "fraud" case, official sources said on Monday.
The action against the second "prime suspect" in this case, after Choksi's nephew diamantaire Nirav Modi, was taken on Saturday based on an extradition request moved by the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED).
Choksi was located in Belgium last year when he went there on the grounds of getting medical treatment. He had been staying in Antigua since 2018 after leaving India.
Sources said the Interpol Red Notice against him for arrest was "deleted" sometime back and the Indian agencies were pursuing him via the extradition route since then.
At least two open-ended arrest warrants, issued by a special court in Mumbai in 2018 and 2021, have been shared by the Indian agencies with their Belgian counterparts as part of the extradition request, the sources said.
Formal paperwork is being done following the arrest/detention as Choksi may seek bail on health grounds, they said.
Choksi, Modi, their family members and employees, bank officials and others were booked by the CBI and the ED in 2018 for perpetrating the alleged loan fraud at the Brady House branch of the Punjab National Bank (PNB) in Mumbai.
It was alleged that Choksi, his firm Gitanjali Gems and others "committed the offence of cheating against PNB in connivance with certain bank officials by fraudulently getting the LOUs (letters of undertaking) issued and got the FLCs (foreign letter of credit) enhanced without following prescribed procedure and caused a wrongful loss to the bank".
The CBI has filed at least two chargesheets against him in this case while the ED has filed three such prosecution complaints.
Modi, declared a fugitive economic offender, has been lodged in a London jail since he was held by the authorities there in 2019 on the basis of a legal request made by the ED and the CBI in this case. He is contesting extradition to India.
According to the investigating agencies, officials at PNB's Brady House branch in Mumbai issued 165 LoUs and 58 FLCs during March-April 2017, against which 311 bills were discounted.
These LoUs and FLCs were allegedly issued to Choksi's firms without any sanctioned limit or cash margin and without making entries in PNB's central banking system to evade any scrutiny in case of a default.
LoUs are a guarantee given by a bank on behalf of its client to a foreign bank. If the client does not repay the foreign bank, the liability falls on the guarantor bank.
Based on these LoUs by PNB, money was lent by SBI, Mauritius; Allahabad Bank, Hong Kong; Axis Bank, Hong Kong; Bank of India, Antwerp; Canara Bank, Manama; and State Bank of India, Frankfurt.
"Since the accused companies did not repay the amount availed against the said fraudulent LoUs and FLCs, PNB made the payment of Rs 6,344.97 crore (USD 965.18 million), including the overdue interest, to the overseas banks, which had advanced buyer's credit and discounted the bills against the fraudulent LoUs and FLCs issued by the PNB," the CBI's supplementary charge sheet in the PNB bank fraud case alleged.
The ED has attached or seized assets worth Rs 2,565.90 crore in the case against Choksi and the court has allowed "monetisation" of all these properties.
