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Arappor Iyakkam lodges graft complaint against ex-Tamil Nadu Minister

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 Non-governmental organisation (NGO) Arappor Iyakkam has lodged a corruption complaint against R. Vaithilingam, a lawmaker and a former Minister in the AIADMK government and his son V. Prabhu with the Directorate of Vigilance and Anti Corruption (DVAC), said Jayaram Venkatesan, Convener.

Arappor Iyakkam is working towards transparency and accountability in governance.

Enclosing various documents, Venkatesan has sent the complaint against Vaithilingam for alleged payment of Rs 27.9 crore as bribe from Shriram Properties and Infrastructure Pvt Ltd (now known as Gateway office parks private ltd) for building permission.

The AIADMK leader Vaithilingam representing the Orathanadu assembly constituency was the Minister of Housing and Urban Development during 2011-2016 AIADMK rule.

Venkatesan said the alleged bribe was paid in 2015-16 for sanction of plan for high rise building near here.

Analysis of various documents available points to the payment of bribe and corruption by Vaithilingam, his son Prabhu and Shriram Properties and Infrastructure, he said.

Venkatesan said Shriram Properties had applied with Chennai Metropolitan Development Authority (CMDA) for permission to build 24 blocks of residential and IT units on December 2, 2013. The Planning permission was approved on December 24, 2016.

Arappor Iyakkam’s Venkatesan alleged that Shriram Properties and Infrastructure had paid Rs 27.9 crore as bribe to Vaithilingam in the form of an unsecured loan to his son’s company Muthammal Estates Pvt Ltd.

The alleged payment was made by Shriram Properties’ group company Bharath Coal Chemicals Ltd in the year 2015-16.

The Muthammal Estates was formed on September 22, 2014 with a share capital of Rs 36,00,000 and its revenue is zero until 2019-20, Venkatesan said.

He said Muthammal Estates used the money to buy lands in Trichy District in Tamil Nadu in 2015-16, 2017 and 2019.

Venkatesan also said Bharath Coal Chemicals dealing in metal and chemical manufacturing has been facing finance problems and in 2019-20 it had filed for bankruptcy with debt of Rs 281 crore to various financial creditors.

Crime

‘They Stepped On My Daughter’s Head…’: Muslim Family Accuses Policeman of Crushing Infant to Death During Raid in Rajasthan’s Alwar

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Alwar, Rajasthan: A one-month-old infant, Alisba, died after allegedly being crushed under a police officer’s foot during a raid in Alwar’s Raghunathgarh village on Sunday (March 2) morning.

The raid, conducted at around 6:00 AM at the house of daily-wage labourer Imran Khan, was led by head constables Girdhari and Jagveer, along with constables Sunil, Rishi, and Shahid.

As per reports, Imran claimed that the police entered their house without warning while his wife was asleep with their one-month-old daughter, who was wrapped in a blanket.

“When I was sleeping on the cot with my infant daughter, the policemen arrived all of a sudden, pulled me out, and sent me out of the room. They also pulled my husband out. They stepped on my infant daughter’s head and killed her. This is murder, and I want justice,” Razida Khan, the mother of the deceased girl, told media.

After the police ignored the family’s complaint, angry villagers gathered outside the Alwar SP (Rural) residence, staging a protest demanding justice.

As per the report, ASP Tejpal Singh confirmed that an FIR was filed against unidentified police personnel, and Imran Khan’s family was assured of action.

Following this, Alwar SP Sanjeev Nain sent the accused officials to police lines. Police sources said the raid was linked to a cybercrime case, but Imran Khan was not named in any FIR. Imran denied any role in online fraud and claimed that the police seized his phone during the raid.

Condemning the incident, Rajasthan LoP Tika Ram Jully urged the Chief Minister to take stringent action against the responsible. “In Alwar, the police are harassing the public in the name of cyber fraud. Raids are being conducted, and money is extorted. I raised this issue in the Vidhan Sabha as well. An infant died during the raid by the police. The Chief Minister should take cognizance and ensure that the public is not harassed. Action should be taken against those responsible, but the public should not be harassed,” he told media.

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Business

Bombay HC Stays FIR Order Against Ex-SEBI Chief Madhabi Puri Buch & 5 Others In 1994 Stock Market Fraud Case

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Mumbai: In a major relief to the former SEBI chairperson and five others, the Bombay High Court on Tuesday stayed the special court’s order directing the registration of an FIR against them in connection with an alleged stock market fraud and regulatory violations dating back to 1994.

The court noted that the special judge had passed the order mechanically, without examining the details or attributing any specific role to the accused.

Observation Made By Justice Shivkumar Dige

“It appears that the learned judge (special ACB judge) has passed the order mechanically, without going into the details and without attributing any specific role to the applicants. Hence, the order is stayed till the next date,” Justice Shivkumar Dige ordered.

Bombay HC Stays The Order

The HC stayed the order while hearing petitions filed by Buch, three current whole-time SEBI directors — Ashwani Bhatia, Ananth Narayan G, and Kamlesh Chandra Varshney — and two BSE officials — Managing Director and Chief Executive Officer Ramamurthy, and its former chairman and public interest director, Pramod Agarwal.

On March 1, the special court had directed the Anti-Corruption Bureau to register an FIR against the six individuals.

They approached the HC on Monday, seeking to quash the special court’s order, contending that it was “unjust” and “harsh.” The officials argued that none of them held their current positions in 1994 and that the trial court ought to have recognized that “no vicarious liability can be fastened” on them.

Arguments Made By Solicitor General Of India

Solicitor General of India Tushar Mehta, appearing for the three whole-time SEBI directors, submitted that the complainant, Sapan Shrivastava, was a habitual litigant. He also pointed out that the high court had previously imposed a cost of Rs5 lakh on him for filing a frivolous petition.

Terming Shrivastava’s allegations vague, Mehta argued that no specific accusations had been leveled against the officials. He said the complainant sought a probe into an IPO from 1994, when the six officials were not holding any positions in SEBI or BSE.

“No averments, no explanations given — just a statement that SEBI has failed to discharge its duties. The complaint has been filed against officers who are in office now, for an alleged offense presumed to have taken place in 1994. How can they be held responsible?” Mehta questioned.

Arguments Made By Senior Advocate Amit Desai, Representing The Two BSE Officials

Senior advocate Amit Desai, representing the two BSE officials, said the complainant had made scandalous statements with serious ramifications for the economy, as vague allegations were being made against members of the principal capital market regulatory body.

Further, Desai argued that the special court judge had erred by not ensuring compliance with the Prevention of Corruption Act, which requires sanction for investigating public servants.

“Today’s economy largely survives on an inflow of funds. Taking this type of action (ordering the registration of an FIR) is an attack on the country’s economy. Such action against a market regulator — how frivolous can it get? Unfortunately, the judge did not realize the extent of the matter,” Desai submitted.

Moreover, Desai pointed out that the company in question had been delisted from the BSE in 2019, while the complaint was filed before the court in March 2024.

Senior advocate Sudeep Pasbola, appearing for Buch, also argued that action could not have been taken based on vague allegations made by the complainant.

The complainant, Shrivastava, sought time to file a reply to the petitions.

Justice Dige granted time for the reply and scheduled the matter for hearing after four weeks while staying the special court’s order.

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Crime

‘Resignation Not Enough, Book Dhananjay Munde For Murder’: Maratha Activist Manoj Jarange-Patil

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Beed (Maharashtra): Maratha quota activist Manoj Jarange has said that the resignation of Maharashtra minister Dhananjay Munde is not enough and has demanded that murder charges be filed against him in connection with the killing of sarpanch Santosh Deshmukh.

Munde, who was Maharashtra’s Food and Civil Supplies Minister and an MLA from Parli, resigned from the state cabinet after his close aide, Walmik Karad, was identified as the mastermind behind Deshmukh’s murder. His resignation followed mounting pressure from the opposition and public outrage over the brutal killing.

Visit to Massajog and Calls for Strict Action

Jarange visited Massajog village in Beed to meet Deshmukh’s family after graphic images of the murder went viral. Speaking to reporters, he stated, “Munde’s resignation as a minister is not enough. He should also step down as an MLA, and murder charges should be filed against him.”

He alleged that the accused in the case were closely associated with Munde and that the money collected through their activities was reaching him.

The Case & Investigation

The demand for Munde’s resignation intensified after shocking details emerged in the court chargesheet, revealing the brutalities committed before Deshmukh’s murder.

Deshmukh was allegedly abducted, tortured, and killed on December 9, 2023, for attempting to stop an extortion racket targeting an energy company in the district.

On February 27, the state Crime Investigation Department (CID) filed a 1,200-page chargesheet in a Beed district court, detailing Deshmukh’s murder and two related cases.

Fighting For Justice

Jarange emphasized the need to dismantle the extortion network in Beed, stating, “The only job now is to destroy this racket. But some people are so consumed by money and power that they will go to any extent for it.”

Deshmukh’s brother, Dhananjay Deshmukh, said the past few months had been unbearable and had left him emotionally shattered. He also alleged that some politicians had pressured the former superintendent of police in Beed to suppress the case.

With public outrage growing, demands for stricter action against those involved are gaining momentum, keeping the case in the political spotlight.

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