Anti-money-laundering body puts UAE on global ”gray” list
THE HINDUSTAN TIMES| International News: The decision late Friday night by the Paris-based Financial Action Task Force puts the UAE, home to Dubai and oil-rich Abu Dhabi, on a list of 23 countries including fellow Mideast nations Jordan, Syria and Yemen. A global body focused on fighting money laundering has placed the United Arab Emirates on its so-called “gray list” over concerns that the global trade hub isn’t doing enough to stop criminals and militants from hiding wealth there.
THE HINDUSTAN TIMES| International News: Vehicles parked in no-parking areas across Mumbai will not be towed by the traffic police for a week, starting Sunday. Mumbai police commissioner Sanjay Pandey on Saturday posted on Twitter that the police force had plans to stop towing of vehicles across Mumbai and that the decision will be tested in the city on an experimental basis.
Delhi court raps CBI and Sebi, denies pre-arrest bail to ex-NSE boss Chitra Ramkrishna
THE INDIAN EXPRESS| Delhi High Court: A Delhi court on Saturday rejected the anticipatory bail application of former National Stock Exchange (NSE) chief Chitra Ramkrishna in connection with a CBI inquiry into a 2018 case of manipulation of the bourse. Special Judge Sanjeev Aggarwal termed the CBI investigation “lackadaisical”, saying the agency had not taken action against the main beneficiaries of the co-location scam, “who seem to be enjoying merrily at the expense of common citizenry for the reasons best known”.
