World
Ex-Maldives president seeks refuge in Indian mission

The arrest warrant follows Nasheed’s failure to attend his previously scheduled trial hearing at Hulhumale’ Magistrate Court on 10th February as he was on a visit to India

Former Maldivian president Mohamed Nasheed sought refuge in the Indian High Commission in Male after an arrest warrant was issued against him by a local court which resulted in anti-riot police surrounding the complex.

 

The former president, who is due to attend a hearing regarding his detention of Chief Judge of the Criminal Court Judge Abdulla Mohamed in January 2012, was inside the Indian High Commission at 1:00pm on Wednesday afternoon following the announcement of the court order.

 

Nasheed is “seeking advice” in Indian High Commission, local media reported. Police have set up barricades around the High Commission area.

 

The court summons follows Nasheed’s failure to attend his previously scheduled trial hearing at Hulhumale’ Magistrate Court on 10th February.

 

The former president, who was on a visit to India after being granted permission by the court, arrived back in Male on 11th February.

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Former IAF chief admits meeting middleman at cousin’s place, but denied allegations

Names of Tyagi’s three cousins have also figured in reports suggesting that they had also a role to play in clinching the deal

Former IAF (Indian Air Force) chief Air Chief Marshal SP Tyagi, who is embroiled in the VVIP helicopter scam, today admitted having met one of the alleged middlemen but claimed innocence.

 

“I have met Carlo in my cousins’ place but when you say you have contact with him, then the answer is no. What connection could I have with him? I want to tell you that the whole process started after I retired. The entire process of evaluation, trials and contracts took place in 2010,” Tyagi informed media persons.

 

The former IAF chief denied allegations that he was paid bribes to swing a Rs3,600 crore deal for procuring 12 choppers from Italian firm Finmeccanica to transport VVIPS.

 

“I am innocent. These allegations are totally baseless and I am denying them categorically. The deal was signed in 2010 whereas I retired in 2007 itself,” he said.

 

Names of Tyagi’s three cousins Julie, Docsa and Sandeep Tyagi have also figured in reports suggesting that they had also a role to play in clinching the deal. He denied that his relationship with his cousins had any business dimension.

 

Asked if he had changed any specifications for the contract to favour Finmeccanica, Tyagi said the “staff qualitative requirements for the VVIP choppers were frozen in 2003, much before I assumed the office of Chief of Air Staff, and the IAF did not change any requirements after that.”

 

Reports today suggested that Italian investigators have alleged in a preliminary inquiry submitted in an Italian court that business conglomerate Finmeccanica bribed SP Tyagi when he was chief of the Indian Air Force to swing the controversial AgustaWestland VVIP chopper deal in favour of the company.

 

After the arrest of Finmeccanica’s head on Tuesday in Italy in connection with the controversial deal, the Indian defence ministry ordered a CBI probe into the charges.

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COMMENTS

NSriramamurty

4 years ago

CBI Enquiry may not be sufficient.As Money Laudering also is involved, CVC & Anti Corruption department also are to be Involved . They can check all Peoples Bank Accounts,Phones Datas , etc to bring out Facts.

Four single-brand retail FDI proposals cleared by FIPB

India is witnessing good interest in the retailing segment, ever since the government allowed 100% FDI in single brand retail last January

The finance ministry on Wednesday cleared four foreign direct investment (FDI) proposals in single-brand retailing, including that of Decathlon and Fossil Inc, worth around Rs750 crore.

 

The Foreign Investment Promotion Board (FIPB), headed by economic affairs secretary Arvind Mayaram, in its meeting has also cleared the proposals of French fashion brand Promod, crockery maker Le Creuset and sports giant Decathlon.

 

India is witnessing good interest in the retailing segment, ever since the government allowed 100% FDI in single brand retail last January.

 

The proposal of Le Creuset, Fossil Inc, and Decathlon were for 100% FDI, while Promod sought entering the segment through a joint venture.

 

Decathlon alone would infuse foreign equity worth Rs700 crore, while Promod would bring about Rs30 crore and the American high-end accessories firm Fossil Inc plans to invest Rs22 crore investment.

 

The FIPB has recently cleared several major single-brand retail proposals including that of Swedish furniture-maker IKEA, British footwear retailer Pavers England, American luxury clothing retailer Brooks Brothers and Italian jewellery maker Damiani.

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