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Gulf money received by Rauf Sherif was cover for PFI remittance The money received from Gulf countries by arrested Campus Front in India (CFI) general secretary K.A. Rauf Sherif was not meant for the mask business | 15 March 2021 8:18 AM GMT NEW DELHI: The money received from Gulf countries by arrested Campus Front in India (CFI) general secretary K.A. Rauf Sherif was not meant for the mask business during the COVID-19 lockdown or as a commission but was a disguise under which money was being remitted from Popular Front of India (PFI) member NoufalShareef and others. The ED has filed its first chargesheet against five office bearers of the PFI and its student wing, the CFI, including Sherif in connection with its money laundering probe in February this year. ....
Events like Dubai Expo this year and the World Cup in Qatar next year, as well as a rebounding oil market, will provide some support but growth will remain below historical levels, S&P says ....