18 Feb 2022

Page 1

Nagaland Post www.nagalandpost.com

Vol XXXII No. 73

DIMAPUR, FRIDAY, FEBRUARY 18, 2022 Pages 12 ` 5.00

US hopes India will support America if Russia attacks Ukraine

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INTERNATIONAL, PAGE 9

Champions League: Liverpool quell Inter 2-0 SPORTS, PAGE 12

integration not mentioned From Nirav Modi to ABG: Top bank loan scams Sovereignty, in FA and Agreed Position: SC Jamir

NEW DELHI, FEB 17 (AGENCIES): The NPA crisis seems far from over for India's banks, both public and private, as another major financial fraud has come to haunt them just three years after the Nirav Modi case unfolded. This time, the scale of fraud is nearly double than that of Nirav Modi's case in 2018. In what is termed as the biggest banking fraud in India, the CBI has booked Gujarat-based ABG Shipyard Ltd and its former chairman and managing director Rishi Kamlesh Agarwal along with others for allegedly cheating a consortium of 28 banks of Rs 22,800 crore. The firm took loans from these banks and the money was invested in overseas subsidiaries, for buying assets in affiliated companies and for transferring money to related parties. The shipbuilding company, which turned into a non-performing asset (NPA) in 2013, also violated the terms of Corporate Debt Restructuring (CDR) -- a mechanism in which the lender banks either reduce

State logs 22 fresh Covid-19 cases DIMAPUR, FEB 17 (NPN): Nagaland on Thursday recorded 22 fresh Covid-19 positive cases while no deaths were reported. Of the fresh cases, nine were from Dimapur, four each in Kohima and Phek, two each in Mokokchung and one in Wokha, taking the total caseload to 35328. The death toll remained unchanged at 753 (including 4 non-Covid deaths but with positivity) P T I : Wi t h 3 0 , 7 5 7 people testing positive for Covid-19 in a day, India's total tally of cases rose to 4,27,54,315, while the recovery rate crossed the 98%mark again, Health ministry said on Thursday. The death toll rose to 5,10,413 with 541 daily fatalities. The active cases have declined to 3,32,918, comprising 0.78% of the total infections. The daily Covid-19 cases have been recorded at less than one lakh for the last 11 consecutive days.

NLA session on March 19

DIMAPUR, FEB 17 (NPN): Governor of Nagaland has summoned the Eleventh Session of the Thirteenth Nagaland Legislative Assembly (NLA) to meet at 9:30 am on March 19, 2022 at the Assembly Hall, Kohima.

This is it!

“Take the last remaining salary for school admission. Means no shopping for one month for you.” K Y M C

Nirav Modi

the interest rates on the loans of the distressed borrower company or increase the tenure of the repayment. The Forensic Audit by Ernst and Young has shown that between 2012-17, the accused colluded together and committed illegal activities including diversion of funds, misappropriation and criminal breach of trust. The loan account was declared as non-performing asset (NPA) in July 2016 and fraud in 2019. However, this is not the first time a major financial fraud has hit the banks, here are some of the banking frauds that shook India, and the public and private sector lenders in recent years: Punjab National Bank scam: In 2018, Punjab National Bank, India's second-largest lender, reported a fraud to the tune of Rs

Mehul Choksi

Vijay Mallya

get the foreign branches of the Indian banks to make payments to the sellers. It later came to light that PNB officials misused the SWIFT network to send transaction request messages to other banks. As a result, the transactions were never recorded in the bank’s core system and higher authorities at PNB were unaware of the fraud. The fraud came to light when the corrupt PNB official retired -- the firms related to Modi and Gitanjali group again requested for fresh LoUs but were denied since the records did not mention any such arrangement. On further scrutiny, the fraud was exposed. In all, foreign branches of 30 Indian banks were duped of Rs 11,400 crore by the Nirav Modi and Gitanjali firms. Modi escaped

India days before the news of the scam broke out. He is currently in the United Kingdom and is seeking political asylum in Britain. Vijay Mallya fraud case: Liquor baron Vijay Mallya, whose now-defunct Kingfisher Airlines owes more than Rs 10,000 crore to more than a dozen banks, fled India on March 2, 2016 the day some public-sector banks moved the Debt Recovery Tribunal against him. The "King of Good Times" and his companies have been embroiled in financial scandals, and controversies since 2012. A group of 17 Indian banks are trying to collect approximately Rs 10, 000 crore in loans which Mallya has allegedly routed to gain stakes in about 40 companies across the world.

State BJP should change double standard approach towards NPF: Azo

Operationalise 1.1 lakh HWCs by Mar 31: Centre to states

KO H I M A , F E B 1 7 (NPN): NPF legislator Kuzholuzo Azo Nienu has questioned State BJP for its cold approach towards the regional party, while asking the saffron party to “take it or leave it completely”. Azo, who is the team leader of NPF Senapati division for the Manipur Assembly polls, stated this during an election campaign at Sarong Assembly constituency on Thursday, NPF Central Youth Wing (Media Cell) said in a press note. He said BJP should change its double-stan-

14,000 crore. The fraud was then dubbed as the biggest fraud in India's banking history. The key accused in the case were jeweller and designer Nirav Modi, Mehul Choksi, and others, including some PNB employees. The firms belonging to Nirav Modi Group and some other firms owned by Gitanjali Gems purchased raw gems from overseas firms, and had to make payments to the sellers in foreign currency. A junior official at PNB fraudulently issued ‘letters of undertaking’ (LoUs), allowing these firms to get short term loans from overseas bank branches to pay the sellers. Under the terms of the LoU, PNB was the guarantor of these loans. The firms related to Modi would ask the PNB official to issue LoUs and

Rishi K Agarwal

Kuzholuzo Azo Nienu

dards approach and attitude towards NPF, adding that saffron party wanted NPF in Manipur but maintained distance in Nagaland. Azo reminded that the regional party was formed

on October 21, 1963 for Naga national cause and issue. Therefore, he claimed that the regional party was formed out of sweat, blood and tears when the Nagas were going through the most difficult times. Further, he mentioned that former Manipur chief minister O Ibobi Singh would have continued his reign, had he not been belittled the Nagas and mistreated them. Prior to NPF’s entry into Manipur, Azo alleged that Nagas were treated as second class citizens. (Cont’d on p-8)

ONGC may resume operations along Assam-Nagaland border NEW DELHI, FEB 17 (AGENCIES): The oil wells run by state-run Oil and Natural Gas Corporation (ONGC) on the disputed Assam-Nagaland border may soon resume operations, with the Union home ministry stepping in to resolve the controversy between the two state governments, reports The Economic Times. Union home secretary Ajay Bhalla held discussions to allay concerns of the two states, after which teams from the Centre vis-

ited Nagaland in a bid to help resume operations, said officials. While Assam government has granted permission, a response from Nagaland is awaited, they said. Home ministry officials said differences arose due to an inter-border dispute between Assam and Nagaland. The chief secretaries of the two states attended the meeting called by Bhalla and assured that drilling operations would be resumed. An ONGC spokesperson said in response to ET's query, “All efforts are being made

for a favourable outcome to resume the operations.” Exploration and production activities were stopped at three oil wells - Khoraghat#10z, Khoraghat#48 and Nambar#05 - in June last year by the Nagaland government for allegedly not obtaining prior permission before starting drilling activities. Officials said the area where the drilling wells are located has a large Naga population and is among the regions which are a matter of dispute between Nagaland and Assam.

(Cont’d on p-8)

DIMAPUR, FEB 17 (NPN): Former chief minister and Governor Dr SC Jamir pointed out that since neither Naga sovereignty nor integration figured in the Framework Agreement of August 3, 2015 and Agreed Position of November 17, 2017, this can be understood that both issues were off the negotiation table. The veteran Naga leader and only surviving member of the Naga People’s Convention (NPC), that signed the 16-Point Agreement with the government of India for creation Nagaland as the 16th state of the Indian union, said this meant that Nagaland would continue to remain as a separate and distinctive administrative and political entity. Noting that the Framework Agreement and Agreed Position were both signed and subsequently ratified by all concerned under the decisive leadership of Prime Minister

Narendra Modi, with so much time having already lapsed, Jamir said it would indeed be ideal and most opportune if the final Naga accord was inked during the tenure of Modi. He said if this happens by 2022 then it would open a new Naga journey which also happened to be the 150th anniversary year of the advent of Christianity on Naga soil. Jamir expressed the hope that a final political settlement between leaders of Naga groups and the Centre will be an honourable one and give a better and brighter future to Nagas. According to him, in order to facilitate this the groups should set aside their personal differences for the sake of common Naga cause and unite to come up with one voice and one stand for the final accord, as the ultimate goal and objective was one and the same. Also with dignity, he said the fact should

be accepted humbly that within the meaning and framework of honourability, Nagas could only take, possess and cherish what the Central government and Indian Parliament gave to them through the political process. Jamir acknowledged that the challenges that would lie ahead of the final Naga peace accord would be overwhelming. He said consolidation of enduring peace, initiating genuine reconciliation in blood-soaked Naga society, absorption and assimilation of erstwhile underground brethren into normal life, resetting and streamlining governance process, grounding of agreed-upon political issues – all geared towards preparing the ground for the new dispensation to take off – were just some of the major issues that might need to be addressed. All this indeed would be most challenging, he added. (Full text on p-6)

HC asks State Govt not to make any appointment except through NSSB

NEW DELHI, FEB 17 (PTI): The health ministry on Thursday urged states and Union territories to expedite the operationalisation of 1.1 lakh Ayushman Bharat Health and Wellness Centres (AB-HWCs), equipped with tele-consultation services, by March 31. Union Health Secretary Rajesh Bhushan said this during the video-conference, while reviewing the operationalisation status of AB-HWCs, tele-consultation services and physical and financial progress made under ECRP-II and PM-ABHIM.

DIMAPUR, FEB 17 (NPN): Gauhati High Court Kohima Bench has asked the State government not to make any appointment except through Nagaland Staff Selection Board (NSSB). Hearing a public interest litigation (PIL) filed by Joel Naga and Khikhro Kreo of the Rising People’s party (RPP), a two-bench judge of Justice Songkhupchung Serto Justice Devashis Bar uah on Wednesday ordered that no appointment should be made in all the posts and services (Read more on p-5) mentioned in the affidavit

except through the board provided in the regulation as the board had come into existence. They also ruled that with the appointment of chairman and one member, NSSB had the required quorum to start functioning since the quorum for the board was two as per Regulation 4 of the NSSB Regulation, 2020. And keeping in view the popular demand, the High Court further directed the State government to provide the required infrastructure and ministerial staff at the earliest so that

the Board could start functioning effectively and was able to conduct exams for recruitment to posts and services. Listing the matter after four weeks to enable the counsel for the petitioner to go through the list of posts and services mentioned in the affidavit and make submission, the bench further directed senior additional advocate general to seek instruction as to when the third member of Nagaland Staff Selection Board would be appointed and when staff and infrastructure would be provided.

Dimapur police nab two with drugs worth Rs.5 cr

The two accused along with the seized drugs in police custody.

Staff Reporter

DIMAPUR, FEB 17 (NPN): In a major drug seizure, the Dimapur police’s special operation team (special ops) arrested two persons along with huge quantities of Yaba (world is yours) tablets worth

Rs. 5 crore here on February 16, 2022. The two arrested accused have been identified as Abdul Gaffor Khan (24), of Khanlikar Baksa, Assam and Md Helal Khan (30) of Lilong Turil Ahambi, Manipur.

Commissioner of Police (CP) Dimapur, Rothihu Tetseo, told Nagaland Post at his office chamber Thursday that the police received intel with regard to movement of drug consignment in some vehicles in Dimapur. Based on the intel, CP said the

special ops team intercepted a vehicle and apprehended the duo along with drugs that was being transported to Assam from Manipur. Stating that Dimapur police was trying its best to crackdown on drug and alcohol in the district, the CP has, therefore, appealed to general public to provide information to the police. He said that the police would maintain confidentiality of any citizen providing such information. With regard to rampant extortion in Dimapur, CP said that police had been trying its best to curb illegal tax(Cont’d on p-8) ation.

SAYO asks NHIDCL to promptly repair NH-2 stretch TVC reacts to Chief Angh of Sheanghah DIMAPUR, FEB 17 (NPN): Southern Angami Youth Organization (SAYO) has appealed to the National Highways and Infrastructure Development Corporation Limited (NHIDCL) to promptly repair National Highway-2 stretch between Naga Heritage Village, Kisama and Khuzama Police Check Post. In a letter addressed to the NHIDCL general manager, SAYO president Metekhrielie Mejura and The dilapidated road condition general secretary Metevizo between Naga Heritage villageSophie stated that NH-2 Khuzama check post. (SAYO)

stretch was in deplorable condition causing inconvenience to the general public and commuters. SAYO said that the NH-2 stretch from Kigwema to Khuzama Village has been left in a dilapidated state for a long time. It also said that the stretch from Jakhama till Khuzama village was in a hazardous state making driving unpleasant and unsafe for drivers and commuters. SAYO said that the company was entrusted with the task of improving and maintaining road

connectivity to enable efficient and safe transport. Therefore, SAYO has urged the NHIDCL said the concerned contractors to take prompt remedial steps and expedite the repairing works at the earliest. Meanwhile, SAYO has also appealed to the state government to intervene and address the matter for the welfare of the public. It has, however, cautioned that the concerned agency would be liable if any accident or untoward incident occurred due to hazardous road condition.

DIMAPUR, FEB 17 (NPN): Tangnyu Village Council (TVC) has reacted to the claim made by chief Angh of five Sheanghah villages-Sheanghah Chingnyu, Sheanghah Tangten, Sheanghah Wamsa, Sheanghah Mokok and Sheanghah Lokyo-- concerning the shifting of EAC Hqs from Longshen. In a press release, TVC chairman Tangyin and secretary Yapo Konyak dismissed the chief Angh’s claimed that the Chief Angh of Tangnyu village had allegedly encroached the boundary more than 200 hectares of

Longshen EAC HQ. In this regard, TVC has asked the Angh of Sheanghah to produce an official proof and submit it to Tangnyu village council or appear in person for customary ‘Oath Taking’. With regard to the chief Angh’s claim that infrastructure viz. EAC office, EAC quarter, staff quarters etc. were demolished, TVC has demanded an official report and other relevant documents as proof, failing which Tangnyu village council would be compelled to file FIR for false allegation. Refuting the claim that Tang-

nyu village council did not allow Survey team sent by state government to proceed, TVC has asked that chief Angh to clarify the date and time of the alleged incident. TVC stated that GBs, DBs, Anghs, VCCs, Student union representatives, representatives from every village namely: Sheanghah Chingnyu, Tangnyu, Yuching and stakeholders in the presence of verification committee led by the commissioner & secretary of land resources and EAC Longshen on January 20, 2022, had unanimously

(Cont’d on p-8) K Y M C


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