Representative Image ANI | Updated: Mar 04, 2021 13:44 IST
New Delhi [India], March 4 (ANI): The Ministry of Corporate Affairs has filed a police complaint in connection with a matter where unidentified persons used the letter head of the ministry for providing services on behalf of PM Cares Fund with an intention to cheat public.
The ministry in a letter (dated March 2, 2021) to the Incharge Officer of Kalkaji Police Station, New Delhi has also alleged that they (the unidentified persons) may also be involved in cybercrime by collecting bank details with a false promise to provide good earnings opportunity by giving services for the PM Cares Fund through the association of general public investor.
No violation of Foreign Exchange Act at KIIFB, says Kerala Finance Minister ANI | Updated: Mar 04, 2021 06:41 IST
Kochi (Kerala) [India], March 4 (ANI): Kerala Finance MinisterThomas Isaac on Wednesday said that there was no violation of the Foreign Exchange Management Act (FEMA) in alleged case of external borrowings of Kerala Infrastructure Investment Fund Board (KIIFB) through Masala Bonds. There is absolutely no violation of FEMA as we have received No Objection Certificate (NOC) from Reserve Bank of India (RBI), said Thomas Isaac while speaking to ANI.
The Finance Minister further said: There is a guideline that authorizes any body corporate to seek their permission to borrow through Masala bonds. KIIFB is body corporate.
Complaint lodged in Delhi against unidentified persons southeastasiapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from southeastasiapost.com Daily Mail and Mail on Sunday newspapers.
ED action against KIIFB politically motivated, says Thomas Isaac
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‘Nirmala Sitharaman misusing investigation agency for political gains’
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‘Nirmala Sitharaman misusing investigation agency for political gains’
Finance Minister T.M. Thomas Isaac on Wednesday accused the Bharatiya Janata Party (BJP) and Union Finance Minister Nirmala Sitharaman of misusing the Enforcement Directorate (ED) for political gains in the run-up to the Assembly elections.
Dr. Isaac reacted sharply to the ED decision to probe the Kerala Infrastructure Investment Fund Board (KIIFB) and summon KIIFB CEO K.M. Abraham and Deputy Managing Director Vikramjit Singh for interrogation this week.
The ED move has exposed a political conspiracy involving Ms. Sitharaman to undermine KIIFB and sabotage development initiatives in Kerala, Dr. Isaac alleged, participating in the ‘Janavidhi 2021’ Meet-the-Press programme here.