Latest news with #VIB
Time of India
a day ago
- Time of India
Clerk caught accepting bribe in Saran
Patna: Akash Mukund, a clerk at the land acquisition office, was caught red-handed accepting a bribe of Rs 30,000 near the Collectorate Gate, Chhapra, in Saran district on Monday. The arrest was made by the vigilance investigation bureau (VIB) following a complaint filed by Harshvardhan Kumar Singh, a resident of Govindchak village in Saran district. Singh alleged that the accused demanded a bribe in exchange for processing the govt compensation for acquired land. According to a statement issued by the VIB, "The bureau conducted a thorough investigation and confirmed the allegations of bribery against the accused. Following the initial findings, a case was registered, and a team acted swiftly, apprehending Mukund while he was accepting the bribe on the roadside near the Saran Collectorate Gate. The accused will be presented before a special court in Muzaffarpur for further proceedings. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
News18
6 days ago
- Business
- News18
‘Owns 44 Plots, Earns Rs 50,000': Post On Govt Staff's Lavish Assets Raises Eyebrows
Last Updated: From a luxury home to owning multiple plots, the scale of assets of a Motor Vehicle Inspector has left many questioning how such fortunes are built. A post about a Motor Vehicle Inspector with a monthly salary of nearly Rs 50,000 has stirred strong reactions online after details about his alleged wealth were shared publicly. From a luxury home to owning multiple plots, the scale of assets has left many questioning how such fortunes are built. The Inspector is said to own 44 plots, live in a 3,300 sq ft home and holds Rs 1 crore in cash along with 250 grams of gold. 'Is This Why Government Jobs Are In Demand?' The post, which was originally shared on X was reshared by risk consultant Parth Sanghvi on LinkedIn. Along with the post, he questioned, 'Is this why government jobs remain in demand in India? A Motor Vehicle Inspector with a monthly salary of Rs 50,000…Owns 44 plots in the city, Lives in a 3,300 sq ft luxury home, Holds 250 gm of gold and Rs 1 crore in cash." He added that this isn't about one individual alone, adding, 'It's about the entire system and the citizens who keep it running by paying bribes to 'get things done.'" 'If this is the wealth of a mid-level inspector, what do you think the seniors are sitting on? The salary is for showing up. The real money comes from the system citizens fuel every day. Babus ka zamana hai. And those who don't play the game? They pay the price," Parth concluded. 'A Sad Reality' The post gained significant traction online, sparking varied reactions that highlighted concerns about how corruption often goes unchecked. One user commented, 'It's less about one individual and more about how some parts of the system can be misused. Of course, not every officer is the same, many serve with integrity. But this does raise important questions about transparency and the need for stronger checks." Another said, 'The deeply rooted corruption is slowly eating and weakening India's true potential. We need something strict!!!" 'The problem isn't just corruption, it's how normal it has become!!" someone else noted. 'When unofficial perks outweigh the paycheck, it's clear the system rewards the wrong incentives. But the deeper issue—have citizens normalized corruption as a 'service charge' just to survive bureaucracy?" a person questioned. 'We work hard and pay our taxes, only for that money to fuel the corruption. It's a sad reality that's pushing many of India's best and brightest to seek opportunities elsewhere," read another comment. Another Example From 2023 In another such case from 2023, a clerk working under the civil surgeon's office in Muzaffarpur, Bihar, came under the scanner of the Vigilance Investigation Bureau (VIB). Despite drawing a monthly salary of Rs 75,000, the clerk was found in possession of assets that far exceeded his known income. According to officials, during raids investigators uncovered five land deeds valued at Rs 90.6 lakh and nine vehicles. The total worth of his disproportionate assets was estimated to be Rs 2.13 crore that raised serious questions about how such wealth was acquired in a government role with a fixed income. About the Author Buzz Staff A team of writers at bring you stories on what's creating the buzz on the Internet while exploring science, cricket, tech, gender, Bollywood, and culture. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
25-07-2025
- Time of India
Revenue officer held for taking Rs 50k bribe in Nawada
Patna: A vigilance investigation bureau (VIB) team arrested Ranjit Kumar, revenue officer at Sirdala Block office, while accepting a bribe of Rs 50,000 from a person in Nawada district on Friday. According to vigilance DSP Aditya Raj, who led the investigation, the case originated from a complaint filed on July 10 by Umesh Kumar, a resident of Baniyadih village in Chaukiyan Gram Panchayat. The complaint was registered at the vigilance police station on July 24. "During the investigation, it was confirmed that the revenue officer demanded Rs 50,000 for processing land mutation documents for six decimals of land. The arrest took place near the guard room of the Sirdala block office. The accused was taken to the Patna vigilance police station for further legal proceedings," the DSP added. The operation was carried out by a team from Patna, including inspector Murari Prasad, constables Rajeev Kumar and Himanshu Kumar, Shashikant Kumar, and other officials.
Yahoo
19-07-2025
- Business
- Yahoo
VIB provides $62m financing for REE's Duyen Hai wind project in Vietnam
Vietnam International Bank (VIB) has finalised a VND1,640bn ($62.68m) credit facility agreement with Duyen Hai Wind Power Joint Stock Company (JSC) to support the construction of the 48MW Duyen Hai wind power plant in Vinh Long province, Vietnam. Duyen Hai Wind Power JSC is a subsidiary of the Refrigeration Electrical Engineering Corporation (REE). The wind power plant will be situated across the communities of Dong Hai, Long Thanh and Ngu Lac and will commence operations by December 2025. It will supply clean energy to Vietnam's national grid while stimulating local economic development. The project will enhance renewable energy and sustainable development in the Mekong Delta region, which is highly susceptible to climate change impacts. REE deputy CEO Nguyen Ngoc Thai Binh stated: 'We highly value VIB's partnership – a leading financial institution in Vietnam with strong execution capabilities, deep industry insight, and the ability to tailor solutions to the unique nature of each project. 'Along with REE's expansion of its footprint in the renewable energy sector, having a reliable financial partner like VIB is a key factor in realising our strategy to green our energy portfolio in the years ahead.' The Duyen Hai wind power plant is aligned with REE's strategic plan to grow its renewable energy footprint. The company has developed more than 2,800MW of generation capacity, with almost 1,700MW from renewable sources such as wind, solar and hydropower. REE plans to achieve 5GW of total generation capacity by 2035. VIB has played an integral role as lead financier of the project by offering early-stage advisory services on loan structuring and creating a disbursement schedule customised for the renewable venture's unique needs. VIB corporate banking deputy CEO and head Nguyen Xuan Dung stated: 'This collaboration with Duyen Hai Wind Power and REE further demonstrates VIB's commitment to swift execution, practical support, and long-term, responsible partnership with pioneering enterprises like REE – companies that create long-lasting value for society through sustainable development projects.' "VIB provides $62m financing for REE's Duyen Hai wind project in Vietnam" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Time of India
18-07-2025
- Time of India
Vig arrests two officials in Jamui for accepting bribe
Patna: The sleuths of Vigilance Investigation Bureau (VIB) arrested two govt officials for accepting bribes at the district fisheries development office in Jamui on Friday morning. The arrested officials were identified as Rajiv Kumar, fisheries development officer and Abhay Kumar, district extension officer. The officials were caught red-handed accepting a bribe of Rs 50,000 from a beneficiary of a fish farming scheme. The action followed a complaint by Tulsi Yadav, a resident of Bhelwa Mohanpur village in Sono block, who alleged that the officials demanded Rs 1.5 lakh from the govt grant amount deposited in his account. After verifying the complaint's authenticity, the vigilance team laid a trap and caught both officials accepting the first instalment of Rs 50,000. Both the accused officials were taken into custody. Deputy superintendent of police (vigilance) Satyendra Ram said, "The complainant negotiated to pay the demanded amount in three instalments of Rs 50,000 each, as he couldn't afford to pay Rs 1.5 lakh at once. The officials were arrested while accepting the first instalment." He further said that the accused are at present being interrogated and they will be shifted to Patna for further investigation after completing necessary formalities.
