Latest news with #VIB
Time of India
18-06-2025
- Time of India
Vigilance sleuths arrest 2 govt officials for accepting bribes in Rohtas
Sasaram: Sleuths of Vigilance Investigation Bureau (VIB) arrested two govt officials red-handed while accepting bribes in Rohtas district on Wednesday. This was the second such arrest in the district within a week. Confirming the arrests, director general (DG) of vigilance, G S Gangwar, reiterated the department's commitment to rooting out corruption, and urged citizens to report incidents of bribery and misconduct by public servants. "The drive against corrupt officials will continue, and no one harassing citizens for money will be spared," he said. Acting on a complaint from a govt schoolteacher, the VIB team arrested Sudheerkant Sharma, block education officer, and Subhash Kumar, an accountant — both posted at the block education office in Vikramganj. "The complainant alleged that the officials demanded bribes in exchange for processing his salary. After verifying the complaint, a trap was set, leading to the arrest of Sharma and Kumar with Rs 7,600 and Rs Rs 7,000 bribe money, respectively, from within their office premises," Gangwar said. This incident follows a recent case in which a sub-inspector posted with the GRP in Sasaram was caught accepting Rs10,000 from a woman in exchange for granting bail to her husband, who was accused in a snatching case. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Switch to UnionBank Rewards Card UnionBank Credit Card Apply Now Undo The DG further said that in another operation on the same day, the VIB had arrested Vijay Kumar Srivastava, a clerk at the district land acquisition office in Shivhar, while taking a bribe of ₹70,000. The money was allegedly demanded to release compensation for the acquired land. Following verification of the complaint, a trap was laid and Srivastava was caught red-handed at the Shivhar collectorate. With these arrests, the Vigilance has now registered 43 FIRs and conducted 34 operations in 2025, resulting in the arrest of 38 people. The total bribe money recovered so far this year amounts to ₹14.80 lakh.
Zawya
17-06-2025
- Business
- Zawya
Visa unveils Flex Credential in Vietnam, ushering in a new era of payment flexibility and financial empowerment for consumers
Vietnam leads Southeast Asia in financial confidence and readiness for major purchases, Visa survey With Visa Flex Credential, consumers can seamlessly choose how they pay, via credit, debit, and more, all on a single credential, redefining the future of payments HCMC, VIETNAM - Media OutReach Newswire - 17 June 2025 - Visa (NYSE: V), a global leader in digital payments, announced the launch of Visa Flex Credential, offering new ways for consumers to manage and spend their money, with Asia Commercial Joint Stock Bank (ACB) becoming the first bank in Vietnam – and Southeast Asia – to offer this feature. Starting today, ACB Visa cardholders can seamless switch between debit and credit cards via the ACB One app. Similarly, Visa cardholders of Vietnam International Commercial Joint Stock Bank (VIB) will soon be able to experience VIB PayFlex – developed on the Visa Flex Credential technology platform – through the MyVIB app. By the end of 2025, additional issuers will expand Flex Credential to more Vietnamese consumers, enabling expanded use-cases. According to Visa's latest Green Shoots Radar survey[1], Vietnamese consumers, especially Gen Z and Millennials, lead Southeast Asia in financial confidence and ambition. Today's young Vietnamese are prioritising investments in education (66%), healthcare (65%), electronics (63%), and travel (61%), showing a readiness to make big-ticket purchases and take control of their financial futures. Visa Flex Credential is reimagining the credential for the next generation, designed to put the power of choice directly in consumers' hands at every transaction – enabling them to opt for debit on daily purchases, credit for larger expenses, or even redeeming loyalty points when checking out, whether it's for everyday essentials or a dream vacation. "Visa is committed to empowering consumers with innovative solutions that put them in control of their financial future. Flex Credential is Visa's breakthrough solution that enables the integration of multiple funding sources through a single card credential, providing cardholders with maximum flexibility to efficiently manage and utilize their payment forms. In specific markets such as the U.S. and UAE, Visa Flex Credential allows cardholders to choose to pay now or pay over time directly from the app, as well as access multiple currency accounts through a single credential – making cross-border payments simple and seamless. We are proud to bring this solution to Vietnam, making digital payments more accessible and contributing to Vietnam's digital and financial inclusion and overall economic growth," said Ms. Dung Dang, Visa Country Manager for Vietnam & Laos. Mr. Nguyen Tam Khoa, Deputy Head of Consumer Division at ACB, shared: "The Flex Credential truly speaks for itself, elevating the customer experience to a new level. While there are quite a few similar solutions in the market, the Flex Credential stands out by meeting all customer needs, such as flexible payment source selection, a variety of transaction methods from offline to online, and the ability to choose from a wide range of suitable offers, all while ensuring independent, clear, and transparent spending management for each card." Visa first launched Flex in partnership with Sumitomo Mitsui Banking Corporation (SMBC) and Sumitomo Mitsui Card Company (SMCC), known as Olive, two years ago in Japan. Today, more than 5 million Olive account holders are benefitting from the Visa Flex Credential. The Olive card continues to outperform, with cardholder transactions averaging 40% higher than the national average in Japan over the past year. Visa and SMCC have expanded the Visa Flex Credential to support small businesses with the flexibility to switch between business and personal accounts using the same Olive card, enhancing access to credit and cash flow management. Key features of Visa Flex Credential: Customisable payment options: Switch effortlessly between payment modes, such as debit, credit, prepaid, loyalty points etc. to suit different spending needs and having one credential for life. Advanced security protocols: Benefit from Visa's latest security technologies to stay protected against fraud. Personalised insights and control: Use AI-driven insights to better manage your finances and spending habits. Unified payment experience: Manage all your financial transactions through a single, easy-to-use platform. Visa and ACB are proud partners of Cashless Day 2025, demonstrating their commitment to promoting digital payment solutions in Vietnam. This collaboration further highlights their shared vision of fostering economic empowerment through innovative technology. [1] The Green Shoots Radar study is conducted quarterly by Visa to track consumer sentiments across financial services, commerce, travel, and other categories. The total sample size is 14,250 respondents across 14 Asia-Pacific countries, including Vietnam, with male and female participants aged 18 to 65 years old. Hashtag: #Visa #VisaFlexCredential #DigitalEconomy The issuer is solely responsible for the content of this announcement. About Visa Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa
Time of India
12-06-2025
- Time of India
Anti-graft cases soar by 50% in 5 months
Patna: Vigilance Investigation Bureau (VIB) of Bihar has recorded a sharp rise in anti-corruption cases in the first five months of 2025, surpassing the average number of cases recorded in the previous two years by 50%. According to official data, the bureau registered 38 cases between Jan and May this year. In comparison, 36 cases were registered in 2023 and only 15 in 2024 with an annual average of 25.5. The figures indicate a substantial increase in the bureau's enforcement activities. Jitendra Singh Gangwar, director general (DG) of vigilance, said, "Of the 38 cases registered at the bureau this year, 31 are related to bribery, four involve disproportionate assets and three concern misuse of official position. The monthly breakdown shows a steady increase – four cases in Jan, three in Feb, seven each in March and April, 11 in May and six so far in June." He added, "The bureau continues to investigate complaints thoroughly and take immediate action against those found involved in corrupt practices, setting a new precedent in the fight against corruption in the state." The DG said the uptick reflects the govt's commitment to cleaning up public offices. "The increased vigilance and prompt action reflect the govt's commitment to curbing corruption in public offices," he said. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
Time of India
09-06-2025
- Time of India
BDO, revenue employee held for accepting bribe
Patna:Vigilance Investigation Bureau (VIB) on Monday arrested block development officer (BDO) Neelam Kumari and her driver Avinash Kumar from Lalganj block of Vaishali district for accepting a bribe of Rs 20,000. Tired of too many ads? go ad free now The case is related to the (PMAY) housing scheme. DG of Vigilance, Jitendra Singh Gangwar, said, "The action was taken following a complaint filed by one Mithilesh Kumar Singh, a resident of Kartaha. Singh reported that after receiving the first instalment of Rs 40,000 under the housing scheme, the BDO's office demanded a bribe to process further payments." After verifying the complaint, the vigilance team set up a trap. The complainant was asked to give Rs 20,000 as a bribe, which was accepted by the driver Avinash Kumar on behalf of the BDO and placed on her table. The vigilance team immediately raided the office and recovered the marked currency notes. In a separate operation on the same day, the VIB also arrested Girish Tiwari, a revenue employee from Lakdi Naviganj circle office in Siwan district, for accepting a bribe of Rs 35,000. The case involved a land ownership dispute where Tiwari demanded money to resolve the matter. He was arrested from a private hotel, located 4 km from the Lakdi Naviganj circle office. After questioning the accused, they were presented before the special court, vigilance, in Muzaffarpur.
Time of India
04-06-2025
- General
- Time of India
Two Kaimur SIs arrested for taking bribe
Sasaram: A team of Vigilance Investigation Bureau (VIB) on Wednesday caught two sub-inspectors (SI) of Bhagwanpur police station in Kaimur district red-handed while accepting a Rs 40,000 bribe from a woman to halt an ongoing action against her husband. Tired of too many ads? go ad free now Rashid Kamal and Lucky Anand were apprehended and a case was registered against them under the Prevention of Corruption Act. The operation was initiated following a complaint from one Chandani Singh, a resident of Parmalpur village, who alleged that the two officers were demanding Rs 40,000 to prevent arrest of her husband Prince Kumar, a named accused in a fraud case and also under the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act. Kamal was the investigating officer. On the day, a special team of the Vigilance Investigation Bureau, Patna, led by DSP Samir Chandra Jha, arrived at the police station around 10am. Acting on precise intelligence, they successfully cornered both the SIs with the marked bribe money. After legal formalities, the duo was taken to Patna for their production before the designated court. Sasaram: A team of Vigilance Investigation Bureau (VIB) on Wednesday caught two sub-inspectors (SI) of Bhagwanpur police station in Kaimur district red-handed while accepting a Rs 40,000 bribe from a woman to halt an ongoing action against her husband. Rashid Kamal and Lucky Anand were apprehended and a case was registered against them under the Prevention of Corruption Act. The operation was initiated following a complaint from one Chandani Singh, a resident of Parmalpur village, who alleged that the two officers were demanding Rs 40,000 to prevent arrest of her husband Prince Kumar, a named accused in a fraud case and also under the Scheduled Castes and the Scheduled Tribes (Prevention of Atrocities) Act. Tired of too many ads? go ad free now Kamal was the investigating officer. On the day, a special team of the Vigilance Investigation Bureau, Patna, led by DSP Samir Chandra Jha, arrived at the police station around 10am. Acting on precise intelligence, they successfully cornered both the SIs with the marked bribe money. After legal formalities, the duo was taken to Patna for their production before the designated court.
