World
Israel ex-PM to serve jail term for bribery
The Israeli Supreme Court on Tuesday partially accepted an appeal by former prime minister Ehud Olmert in a corruption case under which he will serve 18 months in prison instead of the six years handed out to him.
 
Olmert, 70, will begin serving his sentence on February 15, next year, Haaretz daily reported.
 
He was convicted over a real estate deal that took place while he served as mayor of Jerusalem, prior to becoming prime minister in 2006.
 
Olmert will become the first former Israeli head of government to go to prison.
 
In 2014, Olmert was sentenced to six years in prison by the Tel Aviv District Court for his role in a real estate project in Jerusalem. He was found guilty of taking bribes as then mayor of Jerusalem in exchange for expediting construction procedures.
 
Olmert, who served as prime minister between 2006 and 2009, announced his resignation in late 2008 as corruption allegations started to surface against him.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article. 

 

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COMMENTS

Subramani P K

11 months ago

This is what is called justice. Who ever is involved in corruption whether Prime minister, President or any body else if found guilty should be punished without fear or favour. I think we should learn this from Israel.

Ex-IAF personnel held for spying for ISI
A former Indian Air Force (IAF) personnel has been arrested for his alleged links with Pakistan's spy agency ISI, police said on Tuesday.
 
"We have arrested a former IAF personnel from Punjab on charges of spying for ISI," Joint Commissioner of Police (Crime Branch) Ravindra Yadav said.
 
Ranjith Singh, hailing from Kerala, was arrested from Punjab at the Bhatinda airbase.
 
He was spying for Pakistan's Inter-Services Intelligence (ISI), police said.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article. 

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CBI raids in Maharashtra, Odisha over chit fund scam
The CBI on Tuesday conducted searches at 58 locations of Samruddha Jeewan Group of companies across Maharashtra and Odisha in its ongoing probe in the multi-crore chit fund scam, an official said.
 
The agency carried out the searches at the office premises of the Pune-based private firm and its sister companies.
 
The residential premises of alleged accused and suspected directors are also being searched, a Central Bureau of Investigation (CBI) official said.
 
The raids are being conducted following two cases registered by the agency against Samruddha Group on charges of criminal conspiracy, fraudulent, criminal breach of trust, and sections of the Prevention of Corruption Act.
 
"Searches are being conducted at 58 locations in Maharashtra and Odisha against Samruddha Jeewan Group of companies in connection with two alleged chit fund cases," the official said.
 
"This is one of the chit fund companies that had allegedly collected money from common man without having any valid legal authority," the official said.
 
The official said the raids are being conducted at 58 locations in Pune, Nasik, Aurangabad, Solapur and Odisha.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article. 

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