Connect with us

Feature

Arun Jaitley’s health condition has deteriorated

Published

on

New Delhi:  The health of former finance minister Arun Jaitley, who is admitted to AIIMS, deteriorated on Friday, hospital sources said.

Arun Jaitley was rushed to All India Institute of Medical Sciences on August 9 after he complained of breathlessness and restlessness. AIIMS has not issued any bulletin on Arun Jaitley’s health since August 10.

Hospital sources on Tuesday said he is on life support. A multidisciplinary team of doctors is monitoring his condition.

Several prominent leaders, including Union ministers Rajnath Singh, Smriti Irani, Jitendra Singh and Ram Vilas Paswan, President Ram Nath Kovind, Union Home Minister Amit Shah and Uttar Pradesh Chief Minister Yogi Adityanath, Delhi CM Arvind Kejriwal, Congress’s Abhishek Singhvi and Jyotiraditya Scindia and RSS chief Mohan Bhagwat have visited the hospital in recent days to enquire about Jaitley’s health and meet his family members.

Jaitley, a lawyer by profession, had been a key member of Prime Minister Narendra Modi’s Cabinet in the BJP government’s first term. He held the finance and defence portfolios, and often acted as the chief troubleshooter of the government.

Arun Jaitley did not contest the 2019 Lok Sabha election, presumably because of his ill-health. In May this year, Arun Jaitley was admitted to AIIMS for treatment.

He had undergone a renal transplant on May 14 last year at AIIMS with Railways Minister Piyush Goyal filling in for him in the finance ministry at that time. Arun Jaitley, who had stopped attending office since early April last year, was back in the finance ministry on August 23, 2018.

In September 2014, he underwent bariatric surgery to correct the weight he had gained because of a long-standing diabetic condition.

 

 

 

 

 

 

 

 

Business

Ex-Cognizant COO to pay $50,000 penalty in bribery case

Published

on

By

BENGALURU: Former Cognizant COO Sridhar Thiruvengadam has agreed to pay a civil penalty of $50,000 following a Securities and Trade Fee (SEC) order that discovered that 4 firm executives, together with the previous, authorised a bribe cost in a video-conference, which violated the Overseas Corrupt Practices Act (FCPA).

The case pertains to Cognizant’s 2.7-million-sqft KITS campus on Outdated Mahabalipuram Street in Chennai that deliberate to make use of 17,500 folks. A senior authorities official of Tamil Nadu demanded a $2-million bribe from the development agency accountable for the campus. The bribery uncovered Cognizant to civil and prison legal responsibility with the corporate paying $25 million in penalties in addition to incurring $79 million extra in prices associated to its inner investigation.

The SEC order stated Thiruvengadam devised a scheme to cowl it up within the firm’s books. Thiruvengadam was Cognizant’s COO from late 2013 till he was positioned on administrative go away in late 2016. Cognizant accepted Schwartz. Coburn and Schwartz channelled funds to L&T, the development firm accountable for the KITS campus.

The lawsuit alleged that to disguise Cognizant’s reimbursement to L&T of the bribes the latter paid to authorities officers, Schwartz and Coburn agreed that L&T would submit many fraudulent change order requests on the finish of the undertaking totalling $2 million. TOI has seen a replica of the order that stated Cognizant engaged the contracting agency to construct the ability and procure all essential authorities permits. Thiruvengadam’s resignation final yr. The SEC order states that Thiruvengadam later helped to hide the cost by signing false sub-certifications. It discovered that Thiruvengadam violated the FCPA’s inner accounting controls and record-keeping provisions. “Without admitting or denying the findings, Thiruvengadam agreed to pay a civil penalty of $50,000,” the order stated.

Continue Reading

Trending