Draft of banks could face tough questions in the sweeping US crackdown on alleged corruption in global soccer as prosecutors review how much they knew about millions of dollars in bribes flowing through the US banking system to accounts around the world. More than a dozen banks are named in the US Department of Justice's indictment of nine officials at FIFA, the game's powerful governing body, and five sports media and promotion executives, over charges involving more than USD 150 million in bribes. "Part of our investigation will look at the conduct of the financial institutions to see whether they were cognizant of the fact they were helping launder these bribe payments," Kelly T. Currie, acting US Attorney for the Eastern District of New York, said at a news conference.
In a significant judgement, the Allahabad High Court has ruled that the religious conversion of girls "without their faith and belief in Islam" and "solely for the purpose of marriage" to Muslim boys could not be held valid. Justice Surya Prakash Kesarwani passed the order while dismissing a batch of petitions filed by five couples, hailing from different districts of Uttar Pradesh, who had sought "protection as married couple".
With India moving towards digitization, which is being rapidly promoted as " Digital India", the government is taking various measures to make it possible. The latest step is electronic National Pension System (eNPS) where the prospective subscriber can register for NPS; contribute to his/her Permanent Retirement Account. Further, the subscribers who already has an NPS account can make contributions through eNPS directly. Pension Fund Regulatory Development Authority (PFRDA) has been pursuing the development and operationalization of online transaction facilities for the prospective as well as existing subscribers of National Pension System (NPS). Basic criteria to open individual pension account online: Permanent Account Number (PAN) and a Bank account with any of the registered Point of Presence empanelled for KYC verification for subscriber registration through NPS is necessary. Your KYC Verification in NPS will be done by your Bank selected by you during the registra...
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