Banks must record transactions of politically exposed persons: Centre

Banks must record transactions of politically exposed persons: Centre

[ad_1] Representational photo New Delhi: Centre has amended the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, making it mandatory for banks and financial institutions to record financial transactions of politically exposed persons (PEPs). The amendments, which came into effect from March 7 onwards, also mandate that financial institutions will also have to collect information…

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Seven Persons Arrested, Vehicles Seized

Seven Persons Arrested, Vehicles Seized

[ad_1] SRINAGAR: Acting tough against the persons involved in the illegal extraction and transportation of minerals, police have arrested 07 persons and seized 07 vehicles in Budgam and Baramulla. In Budgam, Police Station Chadoora received information that some unknown persons are illegally extracting soil from Government land at Hayatpora Chadoora. Accordingly, a police party at…

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Four Persons Arrested, 04 Vehicles Seized

[ad_1] SRINAGAR: Acting tough against the persons involved in illegal extraction/mining and transportation of minerals, Police have arrested 04 persons and seized 04 vehicles in Budgam. A police party of Police Station Chadoora during patrolling at Aalipora Chadoora intercepted 04 vehicles (Tippers) bearing registration numbers JK03J-6145, JK03C-8254, JK04B-055, and JK13A-0470 carrying illegally extracted bed material…

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