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Cision Canada
2 days ago
- Business
- Cision Canada
Winners honoured with the Canadian Banks' Law Enforcement Award for combatting financial crimes and protecting citizens Français
Police Officers recognized for bravery, dedication, and professionalism towards the shared goal of combatting financial crimes VICTORIA, BC, Aug. 11, 2025 /CNW/ - The Canadian Bankers Association (CBA) will honour dedicated police officers this evening at the Canadian Association of Chiefs of Police Annual Summit in Victoria, B.C. Winners will receive the Canadian Banks' Law Enforcement Award (CBLEA) for their exceptional efforts in investigating financial crimes in Canada and protecting Canadians against fraudsters. This year's award recipients include representatives from the Toronto Police Service, Sûreté du Québec, Service de la police de la Ville de Montréal, Service de police de l'agglomération de Longueuil, and the Royal Canadian Mounted Police (RCMP). Individual Award – Presented to Detective Constable Chris Devereux of the Toronto Police Service 32 nd division for leading an investigation that resulted in the arrest of two individuals who defrauded Canadian businesses and financial institutions through a business email compromise fraud scheme. Group Award – Presented to officers from the Sûreté du Québec, the Service de la police de la Ville de Montréal, the Service de police de l'agglomération de Longueuil and the RCMP for their outstanding coordinated efforts in Project RUER, which tackled a multi-million-dollar "false representative" scam affecting Canadian financial institutions and Canadians across the country, particularly in the province of Quebec. "Tonight, we pay tribute to our CBLEA recipients for their bravery, dedication, and professionalism in advancing our shared goal of combatting financial crimes and addressing the evolving global epidemic of frauds and scams," said Anthony G. Ostler, President and CEO of the Canadian Bankers Association. "We are proud to continue our collaboration with law enforcement, governments, and industry partners to combat fraud and security threats." About the Award Recipients Individual Award Detective Constable Chris Devereux Toronto Police Service, 32 Division In January 2024, Detective Constable Chris Devereux led a cross-jurisdictional investigation that resulted in the arrest of two suspects involved in a scheme to defraud businesses across Canada. The investigation began when multiple companies in the Greater Toronto Area (GTA), as well as across Ontario and British Columbia, reported receiving fraudulent emails requesting payment for false invoices and directing them to update their banking details – only to later discover funds had already been stolen. Working alongside the Abbotsford Police Department, Guelph Police Service, and the Ontario Provincial Police Cybercrime Investigations Team, Det. Const. Devereux played a key role in identifying and tracking the suspects. In April 2024, one suspect was arrested by Canada Border Services Agency and charged with Fraud, Possession of Property Obtained by Crime, and Possession of Credit Cards Obtained by Crime. A second suspect was later charged with Conspiracy to Commit an Indictable Offence, Fraud, Use of Credit Cards Obtained by Crime, and Laundering Proceeds of Crime. Det. Const. Devereux's leadership was instrumental in dismantling a sophisticated fraud operation that targeted Canadian businesses and financial institutions. Group Award Sûreté du Québec, Québec Service de la police de la Ville de Montréal Service de police de l'agglomération de Longueuil RCMP In 2023, the Sûreté du Québec launched Project RUER, a 16-member joint task force composed of officers from the Sûreté du Québec, the Service de police de la Ville de Montréal, the Service de police de l'agglomération de Longueuil, and the RCMP. The task force was created to address and dismantle a major "false representative" fraud scheme targeting seniors across Canada, with a particular focus on Quebec. The RUER team played a vital role in identifying suspects and establishing a new model for collaboration between law enforcement and the public/private sectors during the investigations. Through strategic partnership with Quebec's major financial institutions, the task force facilitated timely exchange of information on false representative frauds. As a result, more than 250 plainclothes and uniformed police officers conducted 22 coordinated searches across Quebec and Ontario. The operation led to 28 arrests and cease-and-desist orders issued to disrupt the fraud network. This joint initiative not only disrupted a major fraud operation but also established new best practices for multi-sector collaboration, setting a new benchmark to support future investigations. About the Canadian Banks' Law Enforcement Award (CBLEA) Since its creation in 1972, over 300 Canadian Banks' Law Enforcement Awards have been presented to police officers for their outstanding bravery, dedication and other noteworthy achievements in combating crimes against Canada's banks. Award recipients are nominated by their peers, other law enforcement agencies and bank members across Canada. For additional information, please visit About the Canadian Bankers Association The Canadian Bankers Association is the voice of more than 60 domestic and foreign banks that help drive Canada's economic growth and prosperity. The CBA advocates for public policies that contribute to a sound, thriving banking system to ensure Canadians can succeed in their financial goals.
Hans India
04-06-2025
- General
- Hans India
Australian Defence Minister meets PM Modi, backs India's fight against cross-border terrorism
New Delhi: Visiting Australian Deputy Prime Minister and Minister for Defence Richard Marles called on Prime Minister Narendra Modi in New Delhi on Wednesday, reiterating Australia's support in India's fight against cross border terrorism. Prime Minister Modi congratulated Marles on the historic victory of the Australian Labor Party in the recent Federal elections and also extended an invitation to Australian PM Anthony Albanese for the Annual Summit, to be held in India later this year. "Glad to meet Deputy Prime Minister of Australia Richard Marles. Had a productive discussion on deepening the India-Australia Comprehensive Strategic Partnership, which marks its fifth anniversary today. Our shared vision for a stable, secure, and prosperous Indo-Pacific continues to guide our collaboration," PM Modi posted on X after the meeting. According to the Prime Minister's Office (PMO), the two leaders exchanged ideas to further strengthen the India-Australia Comprehensive Strategic Partnership, which completed five years on Wednesday. The PMO stated that during their discussions, Deputy Prime Minister Marles reiterated Australia's support in India's fight against cross border terrorism. "They underlined the importance of enhancing cooperation in key areas such as defence industrial collaboration, resilient supply chains, critical minerals, new and emerging technologies. They reaffirmed that the shared vision for a stable, secure and prosperous Indo-Pacific continues to guide the bilateral collaboration," read a statement issued after the meeting. Earlier in the day, Marles held a bilateral meeting with Defence Minister Rajnath Singh as both ministers strongly condemned the terror attack in Pahalgam and expressed deepest condolences to the families of the victims. Singh highlighted India's right to respond in self-defence against cross-border terrorism and described New Delhi's actions against Pakistan as measured, non-escalatory, proportionate and responsible. The two sides agreed to work together to combat terrorism in all its forms. "Reviewed the full range of the India-Australia defence partnership during the extremely fruitful meeting with Australia's Deputy Prime Minister and Defence Minister Richard Marles in New Delhi. His personal commitment and leadership in strengthening bilateral defence cooperation has emerged as an important pillar of our Comprehensive Strategic partnership. India thanks Australia for its unequivocal support to India's resolute response against the barbaric act of terror in Pahalgam," Defence Minister Singh posted on X. The two Ministers welcomed the signing of the Australia-India Joint Research Project and agreed to intensify and diversify defence industry collaboration. They deliberated to further the defence science and technology collaboration projects when they meet in Australia later this year for the third India-Australia 2+2 ministerial meeting. They also reviewed the progress made since the last 2+2 Ministerial Dialogue held in November 2023. "The meeting offered an opportunity to both sides to review the status of bilateral engagements in the context of emerging regional and global scenarios. The discussions covered a wide range of issues such as defence strategic cooperation and security, including industry collaboration, cyber and new emerging technologies, counter-terrorism, hydrography and maritime security. The two sides also exchanged views on regional and global security issues of mutual interest," read a statement issued by India's Ministry of Defence. Underscoring that Wednesday marks the fifth anniversary of signing of the India-Australia Comprehensive Strategic Partnership, both sides expressed satisfaction and recognised that defence has emerged as an important pillar of the collaboration.
Hans India
30-05-2025
- Business
- Hans India
AP CM Chandrababu to attend CII Annual Summit in Delhi
Andhra Pradesh Chief Minister Nara Chandrababu Naidu is currently visiting Delhi, where he is set to participate in the Confederation of Indian Industry (CII) Annual Summit taking place at 4.30 pm today. During the summit, he is expected to present the state's development plans, investment opportunities, and government policies to CII members. CM Naidu arrived in Delhi on Thursday evening after concluding a three-day Mahanadu event in Kadapa. He was warmly welcomed at the airport by Union Minister Rammohan Naidu, TDP MPs, and supporters. Following his arrival, he proceeded directly to his official residence, Vanjanpath. After participating in the CII conference, the Chief Minister will return to Vijayawada, where he is scheduled to arrive at 8.30 pm. Following his commitments in Vijayawada, CM Naidu is scheduled to embark on a tour of Rajahmundry on Saturday.
India Gazette
29-05-2025
- Business
- India Gazette
"Bold, decisive decision": Rajnath Singh says 5th gen fighter AMCA aircraft will boost India's defence
New Delhi [India], May 29 (ANI): Defence Minister Rajnath Singh on Thursday said that under the Advanced Medium Combat Aircraft (AMCA) project, the Government, with industry participation plans to develop five prototypes of the 5th generation fighter aircraft, which will later lead to series production. Addressing the Annual Summit of the Confederation of Indian Industry (CII) in the national capital, Singh said the decision should be considered a milestone in the history of the 'Make in India' programme The project, he said, will promote self-reliance (Atmanirbharta) in the defence field. Through the Advanced Medium Combat Aircraft programme Execution Model, the private sector will get an opportunity to participate in a mega defence project along with public sector companies for the first time. 'This is a very bold and decisive decision, which will strengthen India's defence capabilities as well as provide depth and new heights to the aerospace sector in this country' Rajnath Singh said. The Defence Ministry said on Wednesday that Singh has approved the AMCA Programme Execution Model, which will significantly enhance India's indigenous defence capabilities and foster a robust domestic aerospace industrial ecosystem. The Aeronautical Development Agency (ADA) under the Defence Research and Development Organisation (DRDO) is set to execute the programme through industry partnership. Addressing the plenary event of CII here today, the Defence Minister highlighted the important role being played by the defence sector in India's growth journey by enumerating the feats achieved due to the initiatives taken by the Government in the last decade. 'Ten to eleven years ago, our defence production was approx. Rs 43,000 crore. Today, it has crossed the record figure of Rs 1,46,000 crore, with a contribution of over Rs 32,000 crore by the private sector,' he said. 'Our defence exports, which were around Rs 600-700 crore 10 years ago, have surpassed a record figure of Rs 24,000 crore today. Our weapons, systems, sub-systems, components, and services are reaching around 100 countries. Over 16,000 MSMEs, associated with the defence sector, have become the backbone of the supply chain. These companies are not only strengthening our self-reliance journey, but are also providing employment to lakhs of people' he said Today, the Union Minister said that India is not only producing fighter aircraft and missile systems, it is also getting ready for New Age Warfare Technology. 'We are continuously making headway even in frontier technologies. Our progress in the field of Artificial Intelligence, Cyber Defence, Unmanned Systems, and Space-Based Security is being recognised on the global stage. India has the potential to become a development hub for engineering, high precision manufacturing and future technologies,' Singh said. Dubbing the Indian industry as the carrier of the collective aspirations of the nation, the Defence Minister said that only the common efforts and synergy of the Government and the Industry can make India a developed nation by 2047. He also stressed that, in today's times, the strength of a nation is not evaluated just by its economic index like GDP, foreign investment or export figures, it also depends on the confidence a country can inspire in its citizens and the global community. '...Today, an atmosphere of uncertainty is visible in the entire world. Conflicts are going on everywhere. Though there can be many reasons for this, but the fundamental reason for today's international uncertainty is lack of trust. On the contrary, if we look at our country, our endeavour has been to create a strong environment of trust between different regions, communities, and economic segments within the country. We have achieved unprecedented success through these efforts...' 'Trust lasts only when a country has the confidence that it can protect its geopolitical interests, ensure the safety of its citizens, and remain stable in the face of future uncertainties. The morale of the nation remains high only when it knows that its today is secure, and tomorrow is safe,' Singh said. At the CII event the service chiefs were felicitated post Operation Sindoor. 'In Operation Sindoor, the people of the whole country have seen, understood and felt the success of the Make in India campaign. Today it has been proved that Make in India is important for both the security and prosperity of India,' defence minister said. The Indian Armed Forces launched Operation Sindoor on May 7, targeting terrorist infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir, eliminating over 100 terrorists affiliated with Jaish-e-Mohammed, Lashkar-e-Taiba, and Hizbul Mujahideen. (ANI)
Hans India
29-05-2025
- Business
- Hans India
India's defence production surges to all-time high of Rs 1.46 lakh crore: Rajnath Singh
New Delhi: India's indigenous defence production has surged to an all-time high of Rs 1.46 lakh crore, with exports increasing to a record Rs 24,000 crore in 2024-25, Defence Minister Rajnath Singh said on Thursday. Addressing the Confederation of Indian Industry (CII) Annual Summit here, Rajnath Singh said, 'Our defence production, which was only Rs 43,000 crore 10 to 11 years ago, has now crossed a record figure of Rs 1,46,000 crore, with the private sector's contribution of over Rs 32,000 crore. Our defence exports, which were around Rs 600-700 crore 10 years ago, have surpassed a record figure of Rs 24,000 crore today.' He described Make in India as crucial for security and prosperity, stating that the use of indigenous systems during Operation Sindoor has proved that India has the power to penetrate any armour of the enemy. 'Our weapons, systems, sub-systems, components, and services are reaching around 100 countries. Over 16,000 MSMEs associated with the defence sector have become the backbone of the supply chain. These companies are not only strengthening our self-reliance journey, but are also providing employment to lakhs of people,' the minister said. He further stated that the Advanced Medium Combat Aircraft (AMCA) programme execution model, will open an opportunity for the private sector to participate in a mega defence project along with public sector companies for the first time, further bolstering the Make in India drive in the defence industry which played a key role in the success of Operation Sindoor. The minister termed the execution model for the AMCA programme to build 5th generation fighter aircraft in India as a bold and decisive step, which will take the domestic aerospace sector to greater heights. 'Under the AMCA project, the plan is to develop five prototypes, which will be followed by series production. It is a key milepost in the history of the Make-in-India programme,' he said. Highlighting the success of Make in India during Operation Sindoor, Singh stated that the Indian Armed Forces were able to take effective action against terrorism in Pakistan and PoK with the strengthened indigenous defence capabilities. Rajnath Singh again made it clear that PoK is a part of India, and the people who got geographically and politically separated will, sooner or later, voluntarily return to India. 'The Prime Minister Narendra Modi-led government is committed to its resolve of Ek Bharat Shreshtha Bharat. Most of the people in PoK have a deep connection with India. There are only a few who have been misled,' he said. The defence minister emphasised that the government has given priority to policy clarity, indigenisation, economic resilience and strategic autonomy, and the success of these efforts can be ensured only when all the stakeholders, including innovators, entrepreneurs, and manufacturers, become strong partners in this national mission. He exhorted the Indian industry to focus on national interests, more than company interests. 'If securing company interests is your karma, safeguarding national interests is your dharma,' he said. Sharing his views on the theme of the summit 'Building Trust & India First', Singh stated that it is a matter of great pride that under the leadership of Prime Minister Narendra Modi, India has become the fourth largest economy. 'Today, India is not just a consumer of defence technology, but has also become a producer and exporter. When the world approaches us for high-end defence systems, it is not just a market indication, it is a respect for our capability,' he said. Rajnath Singh further stated that today India is not only producing fighter aircraft and missile systems, but it is also getting ready for New Age Warfare Technology. 'Our progress in the field of Artificial Intelligence, Cyber Defence, Unmanned Systems, and Space-Based Security is being recognised on the global stage,' he added.
