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News In Brief

Tuesday, September 12, 2017

CBI to give fresh dates to Lalu, Tejashwi
Former union railway minister Lalu Yadav and his son Tejashwi Yadav will not appear before the CBI today and tomorrow respectively for questioning in connection with alleged graft in giving maintenance contract for two IRCTC hotels to a private firm. Yadav has cited his ongoing court case in Ranchi while Tejashwi has said he has prior political commitment while expressing inability to appear before the agency on the date of summons-- September 11 and 12--issued by the CBI, the sources said. "We will work out new dates for fresh summons," said an official here today.

India, Belarus to explore new avenues for cooperation
Prime Minister Narendra Modi will hold wide-ranging talks tomorrow with Belarus President A G Lukashenko to bring new momentum in bilateral engagement, particularly in areas of defence, trade and investment, the external affairs ministry said today. Lukashenko will also meet President Ram Nath Kovind during his two-day visit beginning today. His visit takes place in a year when Belarus and India are celebrating the 25th anniversary of the establishment of diplomatic relations.

Not KYC, 'know your employee' too to check frauds:CVC to banks
Banks should not only adhere to Know Your Customer (KYC) norms but also on 'Know Your Employee' to check frauds, says the recently-released vigilance manual by the CVC. "Several frauds are insider jobs or perpetrated with the abetment of insiders. Banks have to take extra care to have continuous vigil on their staff," it said. The techniques of background check for antecedents, periodic rotations, vigilance assessments, internal audits, etc. Have to be effectively employed to know the employees better, the CVC said suggesting the need of the "Know Your Employee (KYE)" and "Know Your Partner (KYP)" norms.

CCS to decide whether to allow Karmapa to visit Sikkim
The Cabinet Committee on Security (CCS), headed by Prime Minister Narendra Modi, will take a call on whether to allow Karmapa Ogyen Trinley Dorje to visit Sikkim as demanded by the people of the state, a home ministry official said. The Home Ministry has prepared a note on the Karmapa's visit to Sikkim and sent it for approval to the CCS, the highest decision making body of the country's security matters.

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