UP PF Scam: CBI seeks sanction to probe Union power secretary, agriculture secretary in Rs 2,268 crore PF scam
2 years, 11 months ago

UP PF Scam: CBI seeks sanction to probe Union power secretary, agriculture secretary in Rs 2,268 crore PF scam

India TV News  

The Union power secretary Alok Kumar and agriculture secretary Sanjay Agarwal may soon be repatriated to their cadre state Uttar Pradesh where the CBI has sought sanction to investigate them in a Rs 2,268 crore PF scam, as per media reports. The CBI has sought the sanction to probe the two officers in a case relating to illegally investing the provident fund of Uttar Pradesh Power Corporation Ltd employees in a private company Dewan Housing Finance Ltd, which was later accused of siphoning off Rs 31,000 crore of bank loans through a web of shell companies, as per the reports. The UPPCL invested a total of Rs 4,122 crore in short-term fixed deposit schemes of DHFL, out of which Rs 1,854 crore was received on maturation of FDs, but Rs 2,268 crore is still not recovered. ALSO READ | ​CBI arrests 11 in Rs 60,000 crore Pearls Ponzi Scheme scam

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History of this topic

Gujarat: CBI arrests private consultant in bribery case involving EPFO commissioner
1 year, 7 months ago

Gujarat: CBI arrests private consultant in bribery case involving EPFO commissioner

India TV News  

A private consultant was arrested by CBI officials in connection with a case of alleged bribe demand of Rs 20 lakh involving the regional provident fund commissioner in Rajkot in Gujarat. The accused consultant, Sachin Jashani, was caught red-handed while receiving a part payment of Rs 2 lakh from the complainant businessman, CBI officials said. "A case was registered against …

ED attaches suspended IAS officer Pooja Singhal's property worth Rs 82 crore in MGNREGA scam
1 year, 7 months ago

ED attaches suspended IAS officer Pooja Singhal's property worth Rs 82 crore in MGNREGA scam

India Today  

The Enforcement Directorate has provisionally attached immovable properties worth Rs 82.77 crore belonging to suspended IAS officer Pooja Singhal and others in Ranchi, Jharkhand on December 1, 2022, in connection with the MGNREGA scam, the Adjudicating Authority confirmed. The properties include one Super Speciality Hospital namely Pulse Super Speciality Hospital, one diagnostics centre namely Pulse Diagnostic and Imaging Centre, plant …

Excise policy 'scam' | Enforcement Directorate attaches ₹76.54 crore worth assets under PMLA
1 year, 11 months ago

Excise policy 'scam' | Enforcement Directorate attaches ₹76.54 crore worth assets under PMLA

The Hindu  

The Enforcement Directorate on Wednesday, January 25, 2023, has attached assets worth ₹76.54 crore of several persons and entities in connection with the money laundering probe into the Delhi excise policy case allegedly involving Delhi Deputy Chief Minister Manish Sisodia and others. According to the agency, the attachment order includes properties worth ₹35 crore of accused Sameer Mahandru and his …

CBI questions Indospirits MD in Delhi excise policy scam
2 years, 4 months ago

CBI questions Indospirits MD in Delhi excise policy scam

Deccan Chronicle  

NEW DELHI: The CBI on Monday questioned Managing Director of Indospirit Sameer Mahendru along with other accused named in the FIR in connection with alleged corruption in the Delhi Excise policy case, officials said. The CBI in its FIR has mentioned two instances where Mahendru allegedly made payments totalling about Rs 4-5 crore to “close associates” of Delhi Deputy Chief …

Yes Bank-DHFL Scam: ED Attaches Rs 415-Cr Assets Of 2 Builders in India's Largest Bank Fraud Case
2 years, 5 months ago

Yes Bank-DHFL Scam: ED Attaches Rs 415-Cr Assets Of 2 Builders in India's Largest Bank Fraud Case

News 18  

The Enforcement Directorate said on Wednesday said assets worth Rs 415 crore of arrested Maharashtra builders Avinash Bhosale and Sanjay Chhabria have been attached. The attached assets of Chhabria are in the form of a land parcel located in Santacruz, Mumbai worth Rs 116.5 crore, 25 per cent equity shares of Chhabria’s company held in a land parcel located in …

DHFL Scam: CBI Seizes AgustaWestland Helicopter from Pune Premises of Builder Avinash Bhosale
2 years, 5 months ago

DHFL Scam: CBI Seizes AgustaWestland Helicopter from Pune Premises of Builder Avinash Bhosale

News 18  

The CBI has seized an AgustaWestland helicopter from the premises of builder Avinash Bhosale in Pune in connection with the Rs 34,615-crore bank fraud case involving DHFL, officials said Saturday. The federal probe agency had booked Dewan Housing Finance Ltd, its former CMD Kapil Wadhawan, Director Deepak Wadhawan and others on June 20 in the bank fraud case worth Rs …

CBI Files Charge Sheet Against Builder Avinash Bhosale in Yes Bank-DHFL Scam
2 years, 5 months ago

CBI Files Charge Sheet Against Builder Avinash Bhosale in Yes Bank-DHFL Scam

News 18  

The CBI has filed a charge sheet against noted Pune-based builder Avinash Bhosale and his companies in connection with the Yes Bank-DHFL scam, officials said on Monday. The agency has also named Satyan Gopaldas Tandon, Metropolis Hotels LLP, ABIL Infraprojects Pvt Ltd, ABIL Hospitality Pvt Ltd, Arindam Developers, Avinash Bhosale Group and Flora Developments Ltd in connection with the case …

DHFL's Rs 34,615-Crore Fraud: A Look At India's Biggest Bank Fraud Case
2 years, 6 months ago

DHFL's Rs 34,615-Crore Fraud: A Look At India's Biggest Bank Fraud Case

News 18  

As the Central Bureau of Investigation has filed a new case against earstwhile DHFL promoters Kapil Wadhawan and Dheeraj Wadhawan for defrauding a consortium of 17 banks led by Union Bank of India for Rs 34,615 crore, it has become the biggest bank fraud case registered by the agency. The agency booked the Dewan Housing Finance Corporation Ltd, Kapil Wadhawan, …

Yes Bank-DHFL scam case: CBI arrests ABIL group chairman Avinash Bhosale
2 years, 7 months ago

Yes Bank-DHFL scam case: CBI arrests ABIL group chairman Avinash Bhosale

India TV News  

Highlights CBI arrested Avinash Bhosale, chairman of real estate group ABIL group in Yes Bank-DHFL scam case. The CBI on Thursday arrested Avinash Bhosale, chairman of Pune-based real estate group ABIL group, in an alleged corruption case involving Yes Bank founder Rana Kapoor and Kapil Vadhawan of DHFL, officials said. According to the CBI FIR, the scam started taking shape …

CBI arrests Mumbai-based realtor Sanjay Chhabria in Yes Bank-DHFL corruption case
2 years, 8 months ago

CBI arrests Mumbai-based realtor Sanjay Chhabria in Yes Bank-DHFL corruption case

India TV News  

Highlights CBI had registered case in 2020 against Kapoor and Kapil Wadhawan of DHFL Yes Bank invested Rs 3,700 crore in short-term debentures of DHFL In return, Wadhawan allegedly "paid kickback of Rs 600 crore" The CBI on Thursday arrested Mumbai-based realtor Sanjay Chhabria in connection with a case of alleged corruption against Yes Bank founder Rana Kapoor and Dewan …

UP Power Corporation EPF Scam: Allahabad High Court Grants Bail To Prime Accused Parveen Kumar Gupta
2 years, 11 months ago

UP Power Corporation EPF Scam: Allahabad High Court Grants Bail To Prime Accused Parveen Kumar Gupta

Live Law  

The Allahabad High Court recently granted bail to the former General Manager of Uttar Pradesh Power Corporation Limited and prime accused in the Corporation's EPF Scam, Parveen Kumar Gupta.The Bench of Justice Pankaj Bhatia has granted him bail on the condition of his furnishing personal bonds and two reliable sureties of Rs.5,00,000/- each to the satisfaction of the court concerned.The …

CBI seeks sanction to investigate union agriculture and power secretaries
2 years, 11 months ago

CBI seeks sanction to investigate union agriculture and power secretaries

Hindustan Times  

NEW DELHI: The Central Bureau of Investigation has sought sanction to investigate senior IAS officers including Union agriculture secretary Sanjay Agarwal, power secretary Alok Kumar and Aparna U, currently posted as mission director, National Health Mission in Uttar Pradesh, in connection with its probe into alleged irregularities in the investment of Employees’ Provident Fund of Uttar Pradesh Power Corporation Ltd …

CBI arrests 11 in Rs 60,000 crore Pearls Ponzi Scheme scam
3 years ago

CBI arrests 11 in Rs 60,000 crore Pearls Ponzi Scheme scam

India TV News  

The Central Bureau of Investigation has arrested 11 more persons, including businessmen and Pearls Group employees in connection with Rs 60,000 crore Pearls Ponzi Scheme case. The agency had earlier registered a preliminary enquiry on the directions of the Supreme Court against Pearls Group, which had allegedly collected around Rs 60,000 crore from around five crore investors all across the …

PF scam: Nearly 2 years on, PCL yet to get back money from DHFL
3 years, 5 months ago

PF scam: Nearly 2 years on, PCL yet to get back money from DHFL

Hindustan Times  

Running from court to tribunal for last two years, the UP Power Corporation Ltd has not got back even a single penny yet of the balance ₹2,267 crore of the employees’ provident fund it allegedly illegally invested as fixed deposits in the Diwan Housing Finance Ltd —a Mumbai-based private company that has declared itself broke since. “The Mumbai high court …

ED arrests RJD MP Amarendra Dhari Singh in fertiliser Scam
3 years, 7 months ago

ED arrests RJD MP Amarendra Dhari Singh in fertiliser Scam

India TV News  

The Enforcement Directorate has arrested RJD MP Amarendra Dhari Singh in connection with a money laundering case probe linked to an alleged fertiliser scam. The case pertains to an alleged fertiliser scam linked to the IFFCO and India Potash Limited, in which the CBI had registered a corruption case last month. Dhari is stated to be the senior vice president …

Punjab and Sind Bank declares DHFL loan account as fraud
4 years, 4 months ago

Punjab and Sind Bank declares DHFL loan account as fraud

Live Mint  

Public sector lender Punjab and Sind Bank on Wednesday said it has declared its exposure of ₹815.44 crore to Dewan Housing Finance Corp Ltd as fraud. ".it is informed that a non-performing asset account -- Dewan Housing Finance Corporation Limited -- with outstanding dues of ₹815.44 crore has been declared as fraud and reported to RBI as per regulatory requirement. …

Yes Bank case: ED all set to interrogate DHFL promoters Kapil, Dheeraj Wadhawan
4 years, 7 months ago

Yes Bank case: ED all set to interrogate DHFL promoters Kapil, Dheeraj Wadhawan

India Today  

Enforcement Directorate officials are all set to interrogate the DHFL promoters Kapil Wadhawan and his brother Dheeraj Wadhawan in the Yes Bank case. Last week, ED filed chargesheet in the Yes Bank case and revealed the alleged quid pro quo by Yes Bank founder Rana Kapoor, who offered suspicious loans to various entities including DHFL. 8,000 to Rs 10,000 crore …

UP government will pay back PF money invested in DHFL: Adityanath
5 years, 1 month ago

UP government will pay back PF money invested in DHFL: Adityanath

India TV News  

Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday said that his government will pay back the Provident Fund money of state power corporation employees invested in the scam-hit DHFL by confiscating properties of those responsible for the irregularities. The properties of all those involved in this scam will be confiscated and every single paisa of each and every employee will …

EPF scam: Yogi govt promises to return money of UPPCL employees
5 years, 1 month ago

EPF scam: Yogi govt promises to return money of UPPCL employees

India Today  

The Yogi Adityanath-led BJP government on Saturday promised that it will return the money of UPPCL employees in connection with the investment of over Rs 2,600 crore of the state power employees' provident fund in scam-hit housing finance firm DHFL. Uttar Pradesh Principal Secretary Energy on Saturday assured that if the money is not received from DHFL under the legal …

EPF scam: Two more arrested by EOW, sent to 14-day judicial custody
5 years, 1 month ago

EPF scam: Two more arrested by EOW, sent to 14-day judicial custody

India Today  

Two more people were arrested in connection with UP Power Corporation Limited employees provident fund of Rs 2,631.20 crore investment in tainted DHFL. Former managing director of the UPPCL AP Mishra who had occupied the post for five years and got three extensions during Akhilesh Yadav's regime was also arrested by the EOW in the case. Meanwhile, angry over their …

Rs 4,000-cr EPF scam: Adityanath govt removes UPPCL chairman Alok Kumar
5 years, 2 months ago

Rs 4,000-cr EPF scam: Adityanath govt removes UPPCL chairman Alok Kumar

Business Standard  

Even as the UP Police's Economic Offences Wing continues to grill three key officials in the Rs 4,000 crore Employees' Provident Fund scam, the Yogi Adityanath government on Friday night finally removed the UP Power Corporation Ltd Chairman Alok Kumar from his post. Besides heading UPPCL, Alok Kumar, a senior IAS officer, was also the Principal Secretary, considered an important …

EPF-scam: UP Power minister slaps defamation notice on PCC chief
5 years, 2 months ago

EPF-scam: UP Power minister slaps defamation notice on PCC chief

India TV News  

Uttar Pradesh Power Minister Shrikant Sharma on Thursday sent a defamation notice to UPCC president Ajay Kumar Lallu giving him an ultimatum to apologise within 24 hours for making "indecent allegations" against him regarding the Rs 2,600 crore EPF scam in the state power department. "The notice has been sent to the Congress leader by the energy minister for making …

Two officials sent to 3-day police remand in EPF scam
5 years, 2 months ago

Two officials sent to 3-day police remand in EPF scam

India TV News  

Two senior officials -- Praveen Kumar Gupta, former Secretary of the UP State Power Employees Trust and UPPCL's Provident Fund Trust, and UPPCL's erstwhile Director Sudhanshu Dwivedi -- arrested in connection with the Rs 4,000 crore Employees' Provident Fund scam were sent to a three-day police remand by the court on Wednesday. Another official arrested in the scam -- AP …

UPPCL EPF scam: Priyanka questions BJP, UP govt's complicity
5 years, 2 months ago

UPPCL EPF scam: Priyanka questions BJP, UP govt's complicity

India TV News  

With new evidence surfacing in the EPF scam in state-owned Uttar Pradesh Power Corporation Ltd, Congress leader Priyanka Gandhi Vadra on Tuesday questioned the BJP's "silence" in the case and asked the state's Yogi Adityanath government to come clean on it. Acting swiftly after the scam came to light, the Yogi government registered an FIR and arrested two senior officials …

PF scam: UPPCL managing director transferred
5 years, 2 months ago

PF scam: UPPCL managing director transferred

India TV News  

The Adityanath government has removed power secretary and managing director of the Uttar Pradesh Power Corporation Limited late on Sunday night. The move comes after the Opposition attacked the BJP government over investments of over Rs 2,600 crore of the employees provident fund of the UPPCL in scam-hit housing fiance firm DHFL. M Devraj, who has returned from central deputation, …

UPPCL funds invested in tainted company
5 years, 2 months ago

UPPCL funds invested in tainted company

India Today  

After provident funds of Uttar Pradesh Power Corporation Limited employees were reportedly invested in a tainted company, the state power minister, Srikant Sharma assured that strict action will be taken against those responsible. Issuing a statement on Twitter, Srikant Sharma said, "Investing employees provident fund money is a serious matter. "The BJP led government in UP invested the provident fund …

Akhilesh takes on Yogi govt over UPPCL PF scam, questions investment in DHFL
5 years, 2 months ago

Akhilesh takes on Yogi govt over UPPCL PF scam, questions investment in DHFL

India Today  

Samajwadi Party chief Akhilesh Yadav on Sunday hit out at the BJP government over the alleged provident fund scam in Uttar Pradesh Power Corporation Ltd. Yadav said Chief Minister Yogi Adityanath led corrupt BJP government was looking for excuses to divert the public attention and was engaging in vendetta politics by levelling baseless accusations at the previous state government. Lambasting …

Employees' money in UP invested in Mirchi-linked firm of Wadhawans
5 years, 2 months ago

Employees' money in UP invested in Mirchi-linked firm of Wadhawans

India TV News  

Uttar Pradesh government's alleged dealing with controversial Mumbai company, Dewan Housing Finance Corporation Limited, has caused a stir in Lucknow. In a questionable decision, the state-owned UP Power Corporation Ltd has reportedly invested its employees' fund worth over Rs 2,600 crore with DHFL, whose promoters have been recently grilled by the Enforcement Directorate for their links with a front company …

UP govt invested Rs 2600-crore employees' fund in tainted DHFL linked to Iqbal Mirchi: Report
5 years, 2 months ago

UP govt invested Rs 2600-crore employees' fund in tainted DHFL linked to Iqbal Mirchi: Report

India Today  

Uttar Pradesh government's alleged dealing with controversial Mumbai company, Dewan Housing Finance Corporation Limited, has caused a stir in Lucknow. In a questionable decision, the state-owned UP Power Corporation Ltd has reportedly invested its employees' fund worth over Rs 2,600 crore with DHFL, whose promoters have been recently grilled by the Enforcement Directorate for their links with a front company …

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