CMYK FRIDAY www.thestatesman.com 25 JANUARY 2019 FIND US ONLINE Scan this with your smartphone twitter.com/TheStatesmanLtd facebook.com/thestatesman1875 Pages 16 |` 5.00|LC KOLKATA | NEW DELHI | SILIGURI | BHUBANESWAR P6 SENSEX 36,195.10 +86.63 WEATHER Mist/fog in the morning. Later mainly clear sky. Max-min temp likely to be around 2916 degree celsius, respectively. RAINFALL: Nil RELATIVE HUMIDITY Max.92% Min. 35% Max: 29.7°C (+3) SUN RISES 06:18 hrs MOON RISES 21.51 hrs Min: 15.1°C (+1) SUN SETS 17:20 hrs MOON SETS 09:34 hrs TEMPERATURE Next moon quarter on 1 February THUMBNAILS LS Speaker says Priyanka’s entry shows Rahul can’t handle politics alone: Lok Sabha Speaker Sumitra Mahajan on Thursday said Priyanka Gandhi Vadra's entry into politics shows that Congress chief Rahul Gandhi cannot handle politics alone and needs his sisters' help. The veteran Bharatiya Janata Party (BJP) leader representing Indore in the lower House of Parliament since 1989 further said that talented people must be given an opportunity to come forward. Priyanka Gandhi Vadra formally entered politics on Wednesday. Military satellite launched: ISRO's PSLV C44 lifted off from the Satish Dhawan Space Centre in Sriharikota on Thursday, carrying India's military satellite 740-kg Microsat-R and students' payload Kalamsat. The ISRO workhorse Polar rocket blasted off from the first launchpad at 11.37 pm at the end of a 28-hour countdown and soared into the clear and starry night sky, in the first mission for ISRO in 2019. Kalamsat is said to be the lightest satellite of India. Microsat-R is an imaging satellite meant for military purposes. P4 NIFTY 10,849.80 +18.30 New Air India flights: Flight services from Hyderabad to Durgapur will cost Rs 2051 and Air India has planned to commence the first flight from 17 February with airbus A319 aircraft with 144 seats. Bengal Aerotropolis Projects Limited (BAPL) sources said that initially flights will operate thrice a week – Tuesday, Thursday and Saturday. The flights will take departure at 11.05 pm from Hyderabad and will reach Durgapur at around 1.05 am. WHY INDIA MUST WIN DAVIS CUP TIE NEXT MONTH P10 ` vs $ 71.07 +26 PAISE GOLD 31,135.00 -85.00 CBI books Kochhar, Dhoot in ICICI Bank Videocon loan case P11 SILVER 39,000.00 00.00 No decision taken on CBI chief during talks, PM-led panel to meet again PRESS TRUST OF INDIA The meeting convened to decide on the CBI chief was inconclusive. A list of eligible officers was shared with panel members. But no decision has been taken, an official said NEW DELHI,24 JANUARY NEW DELHI, 24 JANUARY The CBI has booked former ICICI Bank CEO Chanda Kochhar, her husband Deepak Kocchar and Videocon group MD Venugopal Dhoot for alleged cheating and corruption in sanctioning loans to the company, which caused a loss of Rs 1,730 crore to the bank, officials said on Thursday. Some top names in the banking industry - present CEO of ICICI bank Sandeep Bakshi, Sonjoy Chatterjee, Zarin Daruwala, Rajiv Sabharwal, K V Kamath and Homi Khusrokhan - have also come under the scanner as they were part of the ICICI Bank committees clearing some of the six loans worth Rs 1,875 crore given to the Videocon group and associated companies, they said. Following the registration of the FIR late Wednesday night, the agency officials swooped down at four locations in Mumbai and Aurangabad early morning Thursday - offices of the Videocon group, Nupower Renewables -- the company run by Deepak Kochhar and Supreme Energy -- once promoted by Dhoot. The agency had registered a preliminary enquiry on the allegations that Rs 3,250 crore worth of loans were sanctioned by the bank to companies associated with the Videocon group in violation of the upreme Court judge Justice A K Sikri on Thursday recused himself from hearing a plea challenging the Centre's decision to appoint M Nageswara Rao as the interim CBI director. A bench headed by Justice Sikri listed the matter for Friday for hearing before a different bench. Justice Sikri was part of the high powered panel which had removed CBI Director Alok Verma. As soon as the matter came up for hearing, Justice Sikri told senior advocate Dushyant Dave, appearing for petitioner NGO Common Cause, that he would not like to hear the matter and was recusing himself. “You understand my position. I can't hear this matter,” Justice Sikri said. To this Dave said, “It is becoming very frustrating and it is giving an impression that your Lordship does not want to hear this matter. Earlier also the CJI had recused when the matter was listed for hearing. Now your lordship (Justice Sikri) is also recusing from the matter”. To this Justice Sikri said, he is recusing from the matter and can't say anything. Chief Justice of India Ranjan Gogoi had on Monday recused himself from hearing the plea challenging the appointment of Rao as interim CBI direc- S laid-down norms. It was also alleged that Rs 64 crore were invested by Dhoot through one of the companies, Supreme Energy, founded by him, which was alleged as quid pro quo in the complaint that triggered the preliminary enquiry. During the course of the preliminary enquiry registered in December, 2017, the Central Bureau of Investigation (CBI) found alleged irregularities in sanctioning six loans worth Rs 1,875 crore to Videocon Industries Limited, Videocon International Electronics Ltd and four other companies associated with the Videocon group between June, 2009 and October, 2011, the officials said. Chanda Kochhar was on the sanctioning committee deciding two loans - Rs 300 crore to Videocon International Electronics on August 26, 2009 and Rs 750 crore to Videocon Industries Limited on October 31, 2011, they said. The loans were issued in the alleged violation of the laid-down policy and regulations of the bank, they said. Most of these loans became non-performing assets over the course, causing a loss of Rs 1,730 crore to the bank, they said. The term loan of Rs 300 crore sanctioned to Videocon International Electronics Ltd was disbursed on September 7, 2009. Next day, Dhoot transferred Rs 64 crore to Nupower Renewables Ltd, through Supreme Energy founded by him. The amount was transferred through a “circuitous route” using company Supreme Energy Limited founded by Dhoot, the CBI alleged. “This was the first major capital received by NRL to acquire first power plant. Thus Chanda Kochhar got illegal gratification through her husband from VIL/V N Dhoot for sanctioning a loan of Rs 300 crore to VIEL,” it alleged. In addition to the loans to VIL and VIEL, four loans were issued to Millenium Appliances, Sky Appliances, Techno Electronics and Applicomp India to repay the unsecured loan availed by these companies from VIL, the FIR alleged. The FIR has alleged that these loans have turned NPA resulting in wrongful loss to the ICICI Bank and wrongful gain to the borrowers. The Supreme Court on Thursday said the July 31, 2019 deadline to finalise the National Register of Citizens for Assam cannot be extended and asked the state government, the NRC co-ordinator and the EC to ensure that the upcoming general elections do not slow down the process. A bench headed by Chief Justice Ranjan Gogoi asked the NRC state coordinator Prateek Hajela, Secretary of the Election Commission and the Assam chief secretary to conduct a meeting within a week to ensure that the NRC finalisation process and the upcoming parliamentary elections go “hand-in-hand” and there is no dearth of gov- ernment officials for either process. Solicitor General Tushar Mehta, appearing for the Assam Government, told the bench, also comprising Justice R F Nariman, that such a meeting would be held and the court would be apprised of the deliberations. The draft National Register of Citizens for Assam was published on July 30, 2018 in which the names of 2.89 crore of the 3.29 crore people were included. The names of 40,70,707 people did not fig- ure in the list. Of these, 37,59,630 names have been rejected and the remaining 2,48,077 are on hold. Hajela said that out of about 40 lakh persons, who were left out of draft NRC, 36.2 lakh persons have filed claims with the authorities for inclusion of their names in the final NRC. He said that around 2 lakh objections have been received against those whose names have been included in the draft NRC. Referring to upcoming general elections, Hajela said that there could be difficulties in finalising the NRC by July 31 as government officials would be required by the Election Commission also for the poll duty. “The publication of final NRC for Assam should in no circumstance stretch beyond July 31. In tor, saying he would be part of the selection committee to choose the agency's new chief. Dave said that if Lordship (Justice Sikri) wanted to recuse from hearing this matter then he should have done it earlier. Justice Sikri told Dave that had this been an administrative order, he would have recused from the matter but he can't recuse himself from the matter without sitting to hear the case when the order was passed on the judicial side on Monday. He further said that the questions raised in the petition are “good” and may have “valid points” but he can't hear the matter. Dave said he doesn't have any problem if Justice Sikri continues hearing the case. Attorney General K K Venugopal, who was also present in the court, said he too doesnt have any problem if Justice Sikri continues hearing the case. The petition has sought specific mechanisms to ensure transparency in the process of appointing the CBI director. It alleged that Rao's appointment was not made on the basis of recommendations of the high-power election committee. According to the plea, the order of October 23 last year appointing Rao as interim CBI director was quashed by the top court on January 8 but the government “acted in a completely mala fide, arbitrary and illegal manner” to appoint him again in “complete contravention” of the DSPE (Delhi Special Police Establishment) Act. On January 10, Rao, additional director in the CBI, was made interim chief till the appointment of a new director. This was after a high-powered committee headed by Prime Minister Narendra Modi removed Verma as chief of the probe agency. It sought a direction to the Centre to appoint a regular CBI director forthwith by following the procedure laid down in accordance with provisions of the DSPE Act, as amended by the Lokpal and Lokayuktas Act, 2013. Besides, the petition has sought an No going back to era of ballot papers: CEC Deadline to finalise Assam NRC not to be extended: SC PRESS TRUST OF INDIA BRENT CRUDE (IN $) 60.59 -0.55 Justice Sikri recuses from hearing Rao case PRESS TRUST OF INDIA NEW DELHI, 24 JANUARY CBI arrests Mohta in Rose Valley scam: The CBI on Thursday arrested renowned Bengali film producer Shrikant Mohta in connection with the Rose Valley chit fund scam. Mohta allegedly duped the Rose Valley of Rs 25 crore, CBI sources said. Mohta was served a notice by the investigating agency regarding “acceptance of money from Rose Valley” and CBI sleuths questioned him in his office at a shopping mall in south Kolkata. Later they took him to the CBI office at the CGO complex in Salt Lake for further interrogation. MADURO RALLIES MILITARY SUPPORT TDP TO GO IT ALONE IN LOK SABHA POLLS KAYO-PUNCH OR PANIC? elections many employees will be required. The NRC process must continue. You have to work it out,” the bench said. “We do not want this to extend beyond July 31,” it said, adding that everybody has to be reasonable and “one cannot suffer at the expense of other”. The bench said initially that it may ask the Secretary of the poll panel, Hajela and the state chief secretary to conduct a meeting to find a solution to ensure that there was adequate work force for both, the NRC and the poll process. The bench asked Hajela to take “just, proper and appropriate” steps in dealing with claims and objections of people with regard to inclusion or exclusion in final NRC. PRESS TRUST OF INDIA NEW DELHI, 24 JANUARY Amid renewed demands against the use of electronic voting machines (EVMs), Chief Election Commissioner Sunil Arora on Thursday asserted that the Election Commission will not be “intimidated or bullied” into giving up the machines and going back to the era of ballot boxes. He also lamented that EVMs are being used as a “football” and some sections are doing a “motivated slugfest” over their use. “However, I would like to make it very, very clear once more. In fact, it is not I, it is the entire ECI, it is the ECIs of the past, and it will be the ECIs of the future... we are not going back to the era of bal- lot papers,” Arora said. “We are not going back to that era where we have ballot papers being lifted, musclemen being employed besides the delay in the counting and also too much harassment of polling staff on the ground,” he added. The CEC made the remarks at an international conference on 'Making our Elections Inclusive & Accessible' here ahead of National Voters Day on Friday. “We are open to any criticism, any feedback, from any stakeholders, including political parties, because they are the biggest stakeholders. But at the same time, we are not going to be intimidated or bullied or pressurised or coerced into giving up these (EVMs). ‘World risks losing fight against climate change’ PRESS TRUST OF INDIA DAVOS, 24 JANUARY United Nations chief Antonio Guterres on Thursday cautioned that the world risks losing the race against climate change and the political will seems to be slowing down in this fight. “I think the climate risk is the most important systemic risk for the near future,” he said in a special address at the World Economic Forum Annual Meeting here. “I believe we are losing the race. Climate change is running faster than we are... We are moving dramatically into a runaway climate change if we are not able to stop it, and at the same time, I see the polit- ical will slowing down,” he said. “This when technology is on our side and we see more and more the business community ready to respond in a positive way and the civil society more and more engaged, but the political will is still very slow, and we see lots of subsidies to fossil fuels, we see carbon pricing in a very limited way, and we see many still putting into doubt whether climate change is a threat. “In my opinion, it's the most important global systemic threat in relation to the global economy,” Guterres said. On globalisation, he said with all its fantastic improvements in the world and the technological progress, it has increased inequality at the The UN secretary-general Antonio Guterres said: “I think the climate risk is the most important systemic risk for the near future.” He said this during a special address at the World Economic Forum Annual Meeting in Davos country level. “There are people that were left behind ... that has created a sense of frustration in the rust belts of these world and this has been a factor of reducing confidence, trust in governments, in political establishments, and in interna- tional organisations like ours,” he said. He also warned that the political mega trends show that we are witnessing a multiplication of conflicts, more and more interrelated and related to a threat of global terrorism but at the same time the response is more and more fragmented. “We no longer live in a bipolar or unipolar world but we are not yet in a multipolar world. We are in a kind of chaotic situation of transition. CMYK “The relationship between the three most important powers, Russia, the United States and China, has never been as dysfunctional as it is today and this is true for the economy, but it's also true in the paralysis of the Security Council in many very important aspects,” he said. He also said the global economy faces two major risks. “The first risk is probably trade tensions, and trade tensions are today essentially a political problem. “A second risk of course related to the debt that is much higher than in the last financial crisis, and which is limiting the capacity to respond to any potential emerging cri- sis, and also limiting the capacity of states to implement the projects that would be necessary to achieve the sustainable development goals,” he said. “Then we have the instability in financial markets, and clearly it's a matter of confidence, so political events have an influence on that. “...if one looks at the shutdowns and the Brexit saga, there is a certain sense that political systems do not know exactly what to do when dealing with problems that have strong economic impacts, and so that is a factor of lack of confidence and a factor of lack of confidence creates or increases instability in the markets,” Guterres said. immediate direction to the government to ensure that “all records of deliberations and rational criteria related to short-listing and selection of the director, CBI, be properly recorded and made available to citizens in consonance with the provisions of the RTI Act”. The plea said the government should ensure transparency in the shortlisting, election and appointment process of the CBI director by publicly disclosing, including through the website, the procedure and rational criteria for short-listing candidates, if it is done. Meanwhile, the meeting of Prime Minister Narendra Modi-led selection committee to decide on the next CBI chief remained inconclusive, officials said on Thursday. They said no decision on the CBI director's post was taken at the meeting. “A list of eligible officers along with their dossiers was shared with the panel members. But no decision has been taken so far,” an official said requesting anonymity. He said another meeting of the panel will be held soon to finalise the name. The meeting, which was held at the prime minister's official residence, was attended by Chief Justice Ranjan Gogoi and leader of the Congress in Lok Sabha Mallikarjun Kharge. Talking to reporters after the meeting, Kharge said names of officers were shared. Suspensions on Pandya, Rahul lifted Hardik Pandya K L Rahul NEW DELHI, 24 JANUARY The suspensions on Indian cricketers Hardik Pandya and K L Rahul were Thursday lifted by the Committee of Administrators (CoA), two weeks after they were sent home from the tour of Australia due to their sexist comments on a TV show. The 25-year-old Pandya is expected to take the earliest available flight to join the team in New Zealand for an ongoing limited-overs series, while Rahul might play in either the domestic circuit or show up for India A in the home series against England Lions, a BCCI source told PTI. “The above matter and decision has been taken with the concurrence of the Learned Amicus Curiae, Mr. P.S. Narasimha. In view of the above, suspension orders dated 11.01.2019 is immediately lifted pending appointment and adjudication of allegations by BCCI Ombudsman. PTI
The Statesman is one of India's oldest English newspapers. It was founded in Kolkata in 1875 and is directly descended from The Friend of India (founded 1818). The Englishman (founded 1821) was merged with The Statesman in 1934. The Delhi edition of The Statesman began publication in 1931. The Statesman Weekly is a compendium of news and views from the Kolkata and Delhi editions. Printed on airmail paper, it is popular with readers outside India. The Statesman (average weekday circulation approximately 180,000) is a leading English newspaper in West Bengal. The Sunday Statesman has a circulation of 230,000.