LATE CITY, 20 PAGES, AHMEDABAD, `3.00 ● THURSDAY, FEBRUARY 22, 2018 ● WWW.INDIANEXPRESS.COM TheIndian EXPRESS DAILY FROM: AHMEDABAD, CHANDIGARH, DELHI, JAIPUR, KOLKATA, LUCKNOW, MUMBAI, NAGPUR, PUNE, VADODARA CRISIS AFTER CHIEF SECY ALLEGES ASSAULT BY MLAs Tabu at the Express Adda ‘Drawn to roles that are dark, and layered’ SURBHI GUPTA NEW DELHI, FEBRUARY 21 PORTRAYING WOMEN characters with multiple dark layers is what draws actor Tabu because they give her, what she calls, the space to explore “the depth of their frailty”. Speaking about her craft at the Express Adda Tuesday, Tabu said: “You didn’t want to play these women and what stood out about these characters was that they were not aspirational. But that’s exactly what drew me Two AAP MLAs sent to jail, L-G tells Centre breakdown in Delhi AAP-dominated House privileges panel summons Chief Secretary 8 THE EDITORIAL PAGE EXPRESS NEWS SERVICE NEW DELHI, FEBRUARY 21 BATTLELINES WERE clearly drawn in the Delhi government a day after Delhi Chief Secretary Anshu Prakash alleged AAP MLAs had assaulted him during a meeting at Chief Minister Arvind Kejriwal’s residence. While two AAP MLAs were ar- AAP MLA Amanatullah Khan being taken to Darya Ganj police station in New Delhi on Wednesday. Prem Nath Pandey rested and sent to judicial custody, Lieutenant Governor Anil Baijal, in a report to the Ministry of Home Affairs (MHA), men- tioned a “breakdown” between bureaucrats and the political leadership. CONTINUED ON PAGE 2 Delhi deserves better BY SHAILAJA CHANDRA JOURNALISM OF COURAGE Is supervisory system adequate? Govt, RBI in talks after PNB fraud SUNNY VERMA NEW DELHI, FEBRUARY 21 IN THE wake of the alleged loan fraud at the Punjab National Bank (PNB), the Finance Ministry has noted that the supervision and inspection framework of the Reserve Bank of India may either be “inadequate” or is not being “effectively implemented”, sources said. The government has also flagged its concern on whether the CAMELS model of inspection — it stands for capital adequacy, asset quality, management, earning, liquidity and system and control — followed by the RBI is sufficient to detect and prevent largescale frauds such as EXPRESS NETWORK ● VIPUL AMBANI KNEW OF FRAUDULENT LOUs: CBI P 10 the one at PNB. Last week, the PNB said that a number of companies controlled by Nirav Modi and Mehul Choksi, in connivance with some bank officials, allegedly carried out fraudulent transactions worth Rs 11,400 crore. Sources said the government and the central bank are discussing whether various provisions of the Banking Regulation CONTINUED ON PAGE 2 CONTINUED ON PAGE 2 Ishrat case: Former DGP Sohrabuddin killing: HC Media firm BCCL invested in Choksi firms, HT Media discharged, court says says prosecution case different witness accounts unclear, CBI not helping ‘evaluated’, didn’t seal deal KHUSHBOO NARAYAN SATISH JHA RUHI BHASIN AHMEDABAD, FEBRUARY 21 MUMBAI, FEBRUARY 21 A SPECIAL CBI court Wednesday discharged former Gujarat DGP P P Pandey from the 2004 case on the alleged fake encounter killing of Ishrat Jahan and three others in which he was an accused. Special judge J K Pandya discharged Pandey on the ground that key witnesses had made contradictory statements and prior sanction had not been sought from the government to prosecute an officer. “It appears prima facie that during the course of further investigation by R R Verma and other police officers, in order to HEARING PETITIONS challenging the discharge of some of the accused in the Sohrabuddin Shaikh alleged fake encounter case of 2005, the Bombay High Court said on Wednesday that it was still unclear about the prosecution’s case, pointing to lack of assistance on the part of the CBI. “What is the prosecution case about? No one has informed me yet,” said Justice Revati Mohite Dere, adding that the CBI had argued only on the limited points in the applications filed by it against the discharge of Rajasthan police constable Pandey was the most senior officer to be arrested. File oblige them, either witnesses have been fabricated or their version have been changed from time to time,” said Judge Pandya. IPS (retired) officer R R Verma was chairman of Special Investigation Team (SIT) formed CONTINUED ON PAGE 2 MUMBAI, FEBRUARY 21 Sohrabuddin Shaikh was killed in 2005 Dalpat Singh Rathod and Gujarat police officer N K Amin. “It is the primary responsibility of a prosecuting agency to place all evidence on record before the court. However, the CBI has argued only on the role of the two officials whose discharge it has challenged,” said the judge. The court has been hearing revision applications in these cases since February 9. CONTINUED ON PAGE 2 MEDIA FIRM Bennett, Coleman & Co. Ltd (BCCL) invested in companies of Mehul Choksipromoted Gitanjali Group, which is now under the scanner of probe agencies in connection with the Punjab National Bank transactions fraud allegedly involving three firms of the group, according to documents accessed by The Indian Express. The documents show that another media group, HT Media Ltd, was in talks to invest in Gitanjali Gems Ltd and the jewellery firm had even received approval from its shareholders to allot debentures to the media firm on December 1, 2017, according to a filing with the BSE Ltd. According to the documents, the BCCL, which runs The Times of India and The Economic Times, has been allotted five convertible warrants of Rs 32.5 crore in each of the two subsidiaries of Gitanjali Gems Ltd, Nakshatra Brands Ltd and Gili India Ltd, according to board resolutions of these firms of August 2017 and October 2017 respectively. In the case of listed news firm HT Media Ltd, which runs Hindustan, The Hindustan Times and Mint, Gitanjali Gems Ltd had received approval from members of the company to allot ten fully convertible debentures (FCDs) worth Rs 30.67 crore to CONTINUED ON PAGE 2 EPFO cuts rate to 8.55%, nod awaited from Finance AANCHAL MAGAZINE NEW DELHI, FEBRUARY 21 THE CENTRAL Board of Trustees of the Employees’ Provident Fund Organisation (EPFO) Wednesday recommended slashing the interest rate for its 5-crore subscribers to a five-year low of 8.55 per cent for the current financial year of 2017-18 from 8.65 per cent last year. Labour and Employment Minister Santosh Gangwar said that at a rate of 8.55 per cent, the EPFO will have a surplus of Rs 586 crore. “Hopefully, the Finance Ministry will give its nod,” Gangwar told reporters after the Board’s 220th meeting in New Delhi. As per the estimates of EPFO’s Finance, Audit and Investment Committee (FAIC) shared at the meeting, retaining CONTINUED ON PAGE 2 BUSINESS AS USUAL BY UNNY GOVT & POLITICS ● KAMAL HAASAN LAUNCHES PARTY, PAGE 6
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