QBullet: SP Tyagi Held in VVIP Chopper Case; Cash Crunch to Worsen
Read headlines form across the newspapers in The Quint’s newswrap.
1. Former IAF Chief Tyagi, Two Others Arrested in VVIP Chopper Deal Case
Former Indian Air Force chief S P Tyagi, his cousin Sanjeev alias Julie Tyagi and lawyer-businessman Gautam Khaitan were arrested by the CBI on Friday in connection with the Rs 3,600-crore AgustaWestland VVIP helicopter deal case.
This is the first time that a military chief of the country — retired or serving — has been arrested in a probe into alleged corruption in defence procurement. He and the others are to be produced in a Delhi court on Saturday.
In February 2013, Italian investigators had alleged that the Tyagis received bribes to swing the deal in favour of AgustaWestland, a wholly owned subsidiary of Finmeccanica, by tweaking technical requirements of the tender.
2. Long Bank Weekend Set to Worsen Cash Crunch
The cash crunch in many cities, including the national capital, showed no sign of easing on Friday, and with banks closed for the next three days, expect the pain to persist till Tuesday, when they reopen for business. Banks are shut on Monday for Eid-e-Milad.
A majority of banks in the capital continued to grapple with cash shortages and restless customers.
"For the past three days, the supply has been uneven. We run out of cash in the initial hours after opening," said a branch manager at a private bank. The scene was the same across the country.
(Source: The Times of India)
3. Film Fest Plea: If You Have to Stand 40 Times for Anthem, You Must, Says SC
Observing that the national anthem should be a matter of pride for all Indians, the Supreme Court on Friday said that playing the anthem before movie screenings shall be compulsory even at film festivals and that all people will have to stand to show respect.
A bench of Justices Dipak Misra and Amitava Roy observed that the conditions imposed by its order on 30 November cannot be relaxed because some foreigners will be attending movie festivals or multiple movies would be screened.
4. CBI Files Chargesheet Against Maran Brothers, 3 Others in Illegal Telephone Exchange Case
The Central Bureau of Investigation on Friday filed a charge sheet against the former Telecom Minister, Dayanidhi Maran, his brother Kalanithi Maran and others in the illegal telephone exchange case.
The others named in the chargesheet are the former Minister's then personal secretary and two BSNL Chief General Managers (now retired).
The CBI, which alleges a loss of Rs 1.78 crore to the exchequer, has invoked provisions under the Indian Penal Code and the Prevention of Corruption Act.
The CBI alleges that during June 2004 to December 2006, about 364 telephone numbers/lines were installed at Maran's residence at Gopalapuram, Chennai.
5. Modi Handpicked Revenue Secretary to Plan, Execute Note Ban
Prime Minister Narendra Modi handpicked a trusted bureaucrat, little known outside India’s financial circles, to spearhead a radical move to abolish 86 percent of the country’s cash overnight and take aim at the huge shadow economy.
Revenue Secretary Hasmukh Adhia, and five others privy to the plan were sworn to utmost secrecy, say sources with knowledge of the matter.
They were supported by a young team of researchers working in two rooms at Modi’s New Delhi residence, as he plotted his boldest reform since coming to power in 2014.
Read the story on The Quint.
6. UP Election in Feb-Mar? EC Tells Govt to Change Dates for Board Exams
Will the Uttar Pradesh assembly elections be held through February and March, or April and May?
The Election Commission (EC) on Friday directed the UP government to send across a fresh schedule of the high school and intermediate board examinations by 15 December, generating widespread speculation on likely dates for the upcoming polls.
Jitendra Kumar, principal secretary of the state secondary education department, said the Uttar Pradesh Madhyamik Shiksha Parishad (UPMSP) had earlier announced that the board examinations would be held from 16 February to 20 March.
“However, in keeping with the EC’s directive, the UPMSP will prepare a fresh schedule and send it to the poll panel for approval,” he added.
(Source: Hindustan Times)
7. Cauvery Dispute: SC Says Can Hear Appeals Against 2007 Tribunal Award
The Supreme Court on Friday said it is within the court’s jurisdiction to hear appeals against the 2007 Cauvery Tribunal award.
“Appeals are maintainable, will be heard from 15 December,” the court said.
The court’s order indicates the start of another round of legal battles, perhaps the final one for the southern states over the Cauvery water issue.
A bench comprising justices Dipak Misra, Amitava Roy and AM Khanwilkar also said that the interim order directing Karnataka to release 2,000 cusecs of Cauvery water every day to Tamil Nadu will continue till further orders.
8. After Rahul Gandhi, Now Vijay Mallya's Twitter, Email Accounts Hacked
Vijay Mallya has transferred the entire $40 million received from Diageo Plc to trusts whose beneficiaries are his three children, Edmond de Rothschild, bankers to the liquor baron, told the Supreme Court in November.
Siddharth Mallya, Tanya Mallya and Leana Mallya received just over $13 million each on 24 February this year, Rothschild told the court in a confidential letter dated 18 November.
The $40 million is part of the $75-million settlement deal that Mallya reached with Diageo to conclude a dispute over certain financial irregularities in United Spirits before its takeover by Diageo in 2013. The three children are sole beneficiaries of the trust, over which Mallya has no control.
These details and other confidential financial information about Mallya, including credit card bills, the value of his properties in Delhi and Mumbai, the money spent by the embattled liquor baron on his yachts and renovation of his properties, and details of his assets and loan repayments, were revealed after a mysterious perpetrator called Legion hacked his personal email and Twitter accounts.
(Source: The Economic Times)
9. Support Building up for Sasikala Within AIADMK
Providing clear signals that Sasikala Natarajan will not face too many hurdles in gaining and probably even holding on to the reins of the ruling All India Anna Dravida Munnetra Kazhagam (AIADMK) in Tamil Nadu, a section of leaders in the party on Friday openly hailed her as the natural political heir of late Chief Minister Jayalalithaa, whose confidante she was.
Even some of those who were earlier seen as possible stumbling blocks to her perceived political aspirations have declared that they would be loyal to the party.
On Friday, for the second consecutive day, Chief Minister O Panneerselvam and his senior Cabinet colleagues met ‘Chinna Amma’ (younger mother) at ‘Veda Nilayam’ in Chennai and held discussions with her for nearly three hours.
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