The Prevention of Money Laundering appellate tribunal set aside penalties imposed on 15 banks, in 2013, by the Financial Intelligence Unit (FIU) for alleged failure to prevent money laundering as revealed in a purported expose by news media Cobrapost.

Additional solicitor general (ASG) Harin Raval has been asked to resign after he accused attorney general (AG) Goolam Vahanvati of trying to influence the CBI report on the coal blocks allocation scam and of misleading the Supreme Court, in a letter addressed to Vahanvati and marked to law minister ...