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Friday Morning News Brief, May 12

May 12, 2017 #brief:, #friday, #morning, #news
Friday morning brief May 12 2017
Good morning!
Here’s everything you need to know to start your day…
A CBI-ED team informed the British prosecutors Vijay Mallya laundered money taken from banks as part of a ‘criminal conspiracy’. Crown Prosecution Service (CPS), which will argue in a UK court on May 17 on why Mallya should be extradited to India, had asked for “strong points” of argument. The Indian officers briefed them how Mallya first convinced the banks that he was taking loan for the operations of Kingfisher Airlines, a budget carrier that he owned. Officials also explained to CPS how Mallya diverted the money to either shell companies in India or abroad. Details of places where money was laundered, including companies/accounts in the UK, have already been shared.
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Family members of RJD chief Lalu Prasad Yadav purchased property at throwaway rates by buying and selling shares in dubious front companies. A complex web of shady transactions, revealed by Times Now, show that Rajya Sabha member Misha Bharti, eldest daughter of Lalu Prasad, and her spouse Shailesh Kumar acquired a farmhouse at Bijwasan near IGI airport in Delhi, for a mere Rs 1.41 crore.The couple also acquired a farmhouse at Sainik Farms after an intriguing transaction with the owner.
Expelled BSP leader Naseemuddin Siddiqui alleged party supremo Mayawati had demanded Rs 50 crore from him. At a crowded press conference in New Delhi yesterday, Siddiqui played six audio clippings of his phone conversations with Mayawati to support his allegation that money had been demanded from him. He also claimed that there was a threat to his life.
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The GM crop regulator cleared the commercial use of genetically modified mustard in a submission to the environment ministry. The fate of this transgenic variety of oil-seed will now be in the hands of the MoS environment Anil Madhav Dave. The GM mustard is only the second food crop which got its clearance from the central regulator. The GEAC had earlier in 2010 cleared the Bt Brinjal but the decision was not accepted by then environment minister Jairam Ramesh. Currently, only Bt Cotton, a non-food GM crop, is commercially cultivated in the country.
India raised with Canada the presence of Prime Minister Justin Trudeau at the Khalsa Day event in Toronto. Two legislators, who had authored a motion in the Ontario Assembly calling the 1984 anti-Sikh riots as “genocide”, were felicitated at the event.”We have taken up such issues in the past with the government of Canada through diplomatic channels. What I can mention without going into the details of this particular instance is that the practice has not been discontinued,” foreign ministry spokesperson Gopal Baglay said.
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