India
Auditors Found Guilty of Failing to Detect LC Fraud
The Disciplinary Committee of the Institute of Chartered Accountants of India (ICAI) has found that two auditors of an Indian
Investigators Secure Partial Recovery for Scammed Indian Banks
Two Indian banks which lost funds nearly a decade ago from fraudulently obtained letters of credit and non-payment of loans
Tata Steel Completes Its First Use of eB/L
Tata Steel has announced execution of its first import shipment using an electronic bill of lading. According to a 11
Choksi Arrested, but Extradition to India on Hold
Following a request from India for Mehul Choksi’s extradition, Belgium arrested the fugitive former diamond trader on 12 April
India Takes Important Step toward New Bills of Lading Law
After some 169 years, India is on the cusp of having a new law for bills of lading.
Indian Cases: Often Misunderstood and Misreported
Having seen your recent installment of DCW Scam Survey covering Indian cases (Indian Importer, Officials Booked for Cheating Tied to
Indian Importer, Officials Booked for Cheating Tied to LC
A Chennai-based importer, its director, and six former officials of a company operating under the Indian government’s Ministry of
“Proclaimed Offender” Accused of Forging LC Arrested
India’s Central Bureau of Investigation (CBI) has arrested a man declared a “proclaimed offender” by an Indian special court
Indian Firm Using LCs, Accused of Cheating Bank
India’s Central Bureau of Investigation (CBI) is looking into a complaint, alleging that a Mumbai-based civil construction firm and
