IOB's Hong Kong unit fined over compliance breach
ADVERTISEMENT It ordered the bank to conduct a review of its past transactions and implement measures to address contraventions and its compliance shortcomings. HKMA stated that the disciplinary actions follow investigations into bank's systems and controls for compliance with the anti-money laundering and counter-terrorist financing ordinance (AMLO). "The control deficiencies identified related to failures to establish and maintain effective procedures for continuously monitoring business relationships with customers," HKMA stated.
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First Post
an hour ago
- First Post
Pakistan, Bangladesh agree on visa-free travel, security concerns for India
India has expressed concern over the move as it could increase the movement of ISI officers, threatening national security along the eastern and northeastern borders read more A day after Pakistan and Bangladesh approved visa-free entry for officials for unrestricted movement of diplomats between the two countries, putting India on high alert. The decision was announced after Pakistan's Interior Minister Mohsin Naqvi and Bangladesh's Home Affairs Adviser Jahangir Alam Chowdhury held a high-level meeting in Dhaka. 'A significant breakthrough was achieved on the facilitation of visa-free entry for holders of diplomatic and official passports, and both countries reached a principled agreement on this matter,' Islamabad said in a statement. STORY CONTINUES BELOW THIS AD However, no date has been mentioned as to when the visa-free entry for diplomats will be implemented. According to a report by the Economic Times, India has expressed concern over the move as it could increase the movement of ISI officers, threatening national security along the eastern and northeastern borders. Sources have told the news outlet that a bigger presence of Pakistani officials in Bangladesh would give more substance to anti-India Islamist groups, leading to greater security risks for the country. Officials from Pakistan and Bangladesh also held talks on key issues, including counterterrorism, internal security, police training, drug control, and measures to combat human trafficking. A joint committee will be established to oversee and coordinate the implementation of new initiatives. Both countries agreed to start exchange programs for police academies. A delegation from Bangladesh is expected to visit Pakistan's National Police Academy in Islamabad soon. Pakistan has formed a joint committee, to be headed by Interior Secretary Khurram Agha, to further boost cooperation with Bangladesh. A high-level Bangladeshi delegation will soon visit Islamabad to tour the Safe City Project and the National Police Academy. 'Your visit is of great significance for strengthening bilateral relations between our two countries,' Chowdhury said as he conferred a guard of honour to Naqvi. Pakistan-Bangladesh relations, which remained lukewarm during Sheikh Hasina's tenure, have seen a significant upswing since the interim government took power in Dhaka, marked by increased military-to-military engagements and a sharp rise in bilateral trade. STORY CONTINUES BELOW THIS AD With inputs from agencies
Indian Express
2 hours ago
- Indian Express
66 Maoists, Rs 2.54 crore bounty, 5 districts and a single-day surrender in Bastar
As many as 66 Maoists, including 49 with a combined bounty of Rs 2.54 crore, surrendered before the police in five districts of Chhattisgarh's Bastar region on Thursday. With this, the total number of surrendered Maoists in the last 18 months, which saw an unprecedented number of anti-Maoist operations, rose to 1,570 — a significant increase when compared to the 2022-2023 period, when 813 had surrendered. Thursday's surrenders come amid a new initiative from the security forces, called 'Poona Margham', a Gondi term that means 'new path'. Under this initiative, the security forces will focus more on reaching out to families of Maoists for help in persuading them to surrender. The seniormost Maoist cadre to surrender on Thursday was 37-year-old Ramanna Irpa, alias Jagdish, alias Vikesh, who was a Dandakaranya Special Zonal Committee (DKSZC) member carrying a reward of Rs 25 lakh. A resident of Basaguda in Bijapur district, Ramanna had been active for two decades and has at least 30 cases against him, including murders. On the effort that went into getting him to surrender, a police source said, 'We were trying to get him to surrender for three months. We had contacted his family and were persuading them to get him to surrender, and finally, he surrendered with his family's help.' Giving credit to the Poona Margham initiative for the large number of surrenders on Thursday, Inspector General of Police for Bastar range, Sundarraj P, said, 'Our repeated appeals to Maoist cadres to give up violence and return to the mainstream are showing encouraging results. The surrender of 66 cadres, including a state-level committee member, across five districts in a single day is a strong indication that the Naxal outfit is approaching its end.' Bijapur SP Jitendra Yadav said, 'With the establishment of new security camps in interior regions and improved access to roads, transport, drinking water, electricity, and other public welfare schemes, development is now reaching the remotest villages. Widespread disillusionment with Maoist ideology, increasing internal conflicts within the outfit, and a strong desire to live a peaceful and secure family life are among the primary reasons behind these surrenders.' While surrendering with weapons makes the cadres eligible for cash rewards, a senior officer said none of the 66 had done so. 'None of them surrendered with weapons. They never surrender with weapons as they fear their families will be targeted by Maoists, which has happened in the past,' the officer said. The surrendered cadres include one DKSZC member, four divisional committee members, 10 People's Liberation Guerilla Army (PLGA) cadres, 15 area committee members, seven local organisation squad members, and 29 other rank cadres.
Time of India
9 hours ago
- Time of India
Delay in probe into allegation of cop killing dogs in Kanker, AWBI demands action
Raipur: Almost two weeks after a probe was ordered into allegations of a police inspector "killing 10 stray dogs and getting the carcasses packed in gunnysacks" in Chhattisgarh's Kanker district, the Animal Welfare Board of India (AWBI) on Thursday urged Chhattisgarh police to take immediate action the police officer. PETA-India has also requested Kanker SP Indira Kalyan Elesela to register a suo moto FIR, calling for an independent departmental inquiry and his dismissal if found guilty. After a video of Pawan Thakur, inspector at Orchha police station, packing the carcasses in gunny sacks surfaced and went viral on July 10, the SP took suo moto cognizance of the video and constituted a three-member probe team headed by a DSP rank officer on July 12. While Elesela said the inspector could be seen in the video, no formal complaint was launched. The AWBI demand came after the probe team did not submit its report within the stipulated period of one week. Elesela said that the inspector under scrutiny is posted in Narayanpur district and involved in anti-Naxal operations, which has delayed the process. "An inquiry is already in place and till now, there is no evidence that indicates the inspector killed the dogs. The inspector was seen transporting the gunny sacks in the video. We will speed up the probe," Elesela told TOI. AWBI, a statutory body, has asked the SP and member-secretary of the Chhattisgarh State Animal Welfare Board, who is also the director of the stage livestock development department, to take immediate action against Thakur. It is alleged that Thakur, who was visiting his family in Kanker police line, had allegedly used an air gun to shoot about 10 stray dogs in the area and then got the carcasses packed in gunny sacks by his associates for disposal. A resident of the area had made a video of the carcasses being packed. "During the probe, we found that two carcasses of dogs were disposed, which was also seen in the video recorded. But it's not clear if they were killed by the inspector. We have asked for more footage from the resident who recorded it," the SP said. AWBI, however, has called for a thorough enquiry and stringent action under applicable laws, including Section 11(1)(l) of the Prevention of Cruelty to Animals (PCA) Act, and Section 325 of the BNS, which entails imprisonment of up to five years, or fine, or both, for maiming or killing any animal.
