Latest news with #468
Time of India
5 days ago
- Time of India
2 Bangladeshi citizens get 7 yrs' RI for forging documents
Meerut: A court in UP's Saharanpur has sentenced two Bangladeshi citizens to seven years of rigorous imprisonment (RI) under Passports Act and Foreigners Act for "illegally obtaining Indian citizenship and residing in the country", along with a total fine of Rs 1.3 lakh on both the "foreign nationals". Public prosecutor Manoj Kumar said, "Habibullah Misbah alias Nazir and Ahmedullah alias Abdul Awal (in their late 20s), who used fake documents for their stay, were held by the Anti-Terrorism Squad on July 19, 2023, from the state highway in Deoband. They entered India in 2017 and were in Saharanpur till their arrest in 2023, and had been kept in prison since." After their arrest, the ATS found fake Aadhaar, PAN cards, bank documents, passports of both India and Bangladesh, forged certificates of admission in an educational institution and some cash on them. A case was subsequently registered under IPC sections 419 (cheating by personation), 420 (cheating), 468 (forgery for purpose of cheating), 471 (using as genuine a forged document), 120-B (criminal conspiracy) along with Passports' and Foreigners' acts. Delivering the verdict on Wednesday, the court of additional chief judicial magistrate observed: "The crime has been committed by Bangladeshi citizens to reside in India and obtain Indian citizenship illegally... In this case, the convicts were living in India by crossing the border illegally. They got the documents related to citizenship prepared on the basis of forged documents in an illegal manner. The crime committed by them is of serious nature. " The court added that "at present, foreign infiltration is a big problem in relation to the country's internal security, and illegally infiltrating India by the accused, getting forged documents prepared is an organised crime...." It further mentioned that "despite knowing the seriousness of the case, the investigating officer conducted the investigation in a mundane manner, and there was no meaningful effort to reach the root cause of the crime in this matter."
TimesLIVE
17-07-2025
- Automotive
- TimesLIVE
Volvo Q2 operating profit slumps as tariffs take hold
Sweden-based Volvo Cars reported a steep fall in second quarter adjusted operating profit on Thursday and said demand remains under pressure as tariffs hits. Its quarterly operating profit excluding items affecting comparability fell to 2.9bn Swedish crowns (R5,318,468,482) from 8.0bn (R14,654,936,000) a year ago. "Demand remains soft and volatile, impacted by weakening consumer confidence and the introduction of additional tariffs, which continue to pose challenges for the automotive sector," the company said in its earnings report. Its gross margin, a metric investors and analysts are looking at closely to assess the impact of the tariffs, fell to 13.5% compared to 18.2% in the first quarter, adjusted for one-offs it fell to 17.7% Volvo Cars is the first European carmaker to report in what is expected to be a gloomy reporting season as weak demand for EVs and growing competition from China hits at the same time as US tariffs mount.
Winnipeg Free Press
04-06-2025
- General
- Winnipeg Free Press
Houston Astros and Pittsburgh Pirates play in game 2 of series
Houston Astros (33-27, first in the AL West) vs. Pittsburgh Pirates (22-39, fifth in the NL Central) Pittsburgh; Wednesday, 6:40 p.m. EDT PITCHING PROBABLES: Astros: Ryan Gusto (3-2, 4.62 ERA, 1.56 WHIP, 42 strikeouts); Pirates: Mike Burrows (0-1, 8.64 ERA, 1.56 WHIP, five strikeouts) BETMGM SPORTSBOOK LINE: Astros -140, Pirates +118; over/under is 9 runs BOTTOM LINE: The Houston Astros face the Pittsburgh Pirates with a 1-0 series lead. Pittsburgh has a 22-39 record overall and a 13-17 record in home games. The Pirates have a 9-3 record in games when they scored five or more runs. Houston has a 33-27 record overall and an 11-15 record in road games. The Astros have a 12-4 record in games when they hit two or more home runs. The teams meet Wednesday for the second time this season. TOP PERFORMERS: Oneil Cruz leads the Pirates with 12 home runs while slugging .468. Andrew McCutchen is 12 for 38 with two home runs and four RBIs over the past 10 games. Jeremy Pena has a .308 batting average to lead the Astros, and has nine doubles, a triple and nine home runs. Jose Altuve is 14 for 39 with three home runs and four RBIs over the past 10 games. LAST 10 GAMES: Pirates: 5-5, .262 batting average, 3.38 ERA, outscored opponents by seven runs Astros: 7-3, .266 batting average, 4.30 ERA, outscored by five runs INJURIES: Pirates: Joey Bart: 7-Day IL (concussion), Colin Holderman: 15-Day IL (thumb), Enmanuel Valdez: 60-Day IL (shoulder), Justin Lawrence: 60-Day IL (elbow), Tim Mayza: 60-Day IL (shoulder), Jared Jones: 60-Day IL (elbow), Johan Oviedo: 60-Day IL (elbow), Dauri Moreta: 60-Day IL (elbow) Astros: Chas McCormick: 10-Day IL (oblique), Ronel Blanco: 60-Day IL (elbow), Zach Dezenzo: 10-Day IL (hand), Hayden Wesneski: 60-Day IL (elbow), Yordan Alvarez: 10-Day IL (hand), Spencer Arrighetti: 15-Day IL (thumb), Luis Garcia: 60-Day IL (elbow), Cristian Javier: 60-Day IL (elbow), J.P. France: 60-Day IL (shoulder), Taylor Trammell: 10-Day IL (calf), Pedro Leon: 10-Day IL (knee) ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar.
The Star
30-05-2025
- Business
- The Star
Another Tan Sri linked to MBI nabbed, RM527mil seized
KUALA LUMPUR: An additional RM527.5mil in assets linked to MBI International Group have been seized and frozen by police, bringing the total value of assets recovered to RM3.8bil. Three more people, including a businessman with the Tan Sri title, are the latest ones arrested to assist in investigations into an investment fraud scheme involving MBI under Op Northern Star. Bukit Aman Commercial Crime Investigation Department acting director Datuk Seri Muhammed Hasbullah Ali said the three suspects, aged 46, 54 and 58, were arrested in Kuala Lumpur and Penang between May 1 and 17. 'The three individuals acted as proxies who run various businesses to launder money accrued from the syndicate's fraud. 'Police have also frozen assets and properties believed to be the proceeds illegally acquired through a Ponzi scheme worth RM527,468,296.11,' he said here yesterday, Bernama reported. Big haul: Muhammed Hasbullah (second from right) showing some of the seized items, with a whiteboard showing the bigger items, during a press conference. — Bernama Among the assets and properties are four luxury yachts worth RM36.3mil, 477 properties (RM150mil), four condominium units (RM12mil), 37 bank accounts (RM328,088,127.11) and cash (RM283,070). With the arrests, the number of individuals detained in the MBI investment fraud case stands at 17, with total assets frozen and seized amounting to RM3.81bil. Muhammed Hasbullah did not rule out the possibility of further arrests and asset seizures. Asked if any politician was involved in the syndicate, he said none had been identified so far but did not dismiss the possibility pending further investigation. Earlier this month, The Star reported that a Tan Sri was arrested for alleged involvement in the MBI investment scam. His arrest brought the total of those detained in the ongoing investigation to 14 people. The 53-year-old man, who was detained in Penang on May 1 after he returned from overseas, is believed to be either a syndicate proxy or a business partner of the suspects. The daily had also previously reported that two other prominent businessmen with Tan Sri titles and a Datuk Seri were already in custody. The arrests of the earlier 13 suspects were made between March 21 and April 21, which has seen RM3.5bil in assets including a hotel and durian plantations linked to the MBI investment scheme previously seized. Among the assets seized then were durian plantations in Pahang, Penang and Kedah worth RM223,624,167.75. An additional 299 bank accounts with RM123,614,594.35 were also frozen, he added. All these assets are believed to have been purchased or had links to the proceeds from the scheme's illegal gains.
The Star
30-05-2025
- Business
- The Star
MBI scam: Tan Sri among three more arrested, RM500mil in luxury assets frozen
KUALA LUMPUR: Three more individuals, including a businessman with the title of Tan Sri, have been arrested to assist in investigations into an investment fraud scheme involving MBI International Group (MBI) under Op Northern Star. Bukit Aman Commercial Crime Investigation Department acting director Comm Datuk Seri Muhammed Hasbullah Ali said the three suspects, aged 46, 54 and 58, were arrested in Kuala Lumpur and Penang between May 1 and 17. "The three individuals acted as proxies who run various businesses to launder money accrued from the syndicate's fraud. "Police have also frozen assets and properties believed to be the proceeds illegally acquired through a Ponzi investment pyramid scheme worth RM527,468,296.11,' he told a press conference here on Friday (May 30). He said among the assets and properties were four luxury yachts worth RM36.3mil, 477 properties worth RM150mil, four condominium units (RM12mil), 37 bank accounts (RM328,088,127.11) and cash (RM283,070). With the arrests, the number of individuals detained in the MBI investment fraud case stands at 17, with total assets frozen and seized amounting to RM3.81bil. Meanwhile, Comm Hasbullah did not rule out the possibility of further arrests and asset seizures. Asked whether any politicians were involved in the syndicate, he said none had been identified so far but did not dismiss the possibility pending further investigation.- Bernama
