Zambia Arrests Liquidator For Embezzling $9 Million In Indian Copper Firm Saga
NDTV
Konkola Copper Mines (KCM), co-owned by London-listed Vedanta and Zambia's state mining arm, is one of Africa's largest copper producers.
Zambian authorities said Wednesday they have arrested the liquidator of a major copper firm for embezzling $9 million, the latest twist in the African nation's feud with India's Vedanta Resources.
Konkola Copper Mines (KCM), co-owned by London-listed Vedanta and Zambia's state mining arm, is one of Africa's largest copper producers.
KCM has been caught in a two-year tug-of-war between Vedanta and Zambia, which in 2019 placed KCM in liquidation for allegedly failing to pay taxes.
The liquidator, Milingo Lungu, 43, was arrested on charges that he abused his role to cash in on $2.2 million.
The NCP (SP) candidates who defeated their NCP rivals included Jitendra Awhad who defeated Najeeb Mulla in Mumbra Kalwa.
Jan Suraaj candidates failed to make a significant impact, finishing third in three constituencies and one in the fourth position.
Police arrested Deepak Max, 20, caught after an encounter by Crime Branch, while Krish Gupta, 18, by local police from the same area.
The prime minister said the Maharashtra election also shows that only one Constitution will work in India and that was given to the people of the country by B R Ambedkar.
The Prime Minister said the Congress' outsized interest in its own welfare is a "threat to democracy".
Maharashtra Assembly Election Results 2024: Robin Sharma, Eknath Shinde's campaign strategist, shares what and how he did it
Maharashtra assembly election results 2024: Prime Minister Narendra Modi referred to the Maha Vikas Aghadi (MVA) alliance as something that was stitched at the last minute for selfish reasons
This is the third consecutive time that the BJP has emerged as the largest party in Maharashtra, which is undoubtedly a historic feat, Prime Minister Modi said.
Mr Chadha pointed out that the three seats in which the AAP emerged victorious had never been won by the party before.
Speaking to reporters in Nagpur as the ruling coalition was on its way to win a massive victory in the assembly elections, she said her son, currently a deputy chief minister, knows how to overcome challenges.
Maharashtra Assembly Election Results 2024: "Cannot believe Maharashtra, which listened to me as head of family during COVID, will behave with me this way" said Uddhav Thackeray.