Singapore's Indian origin min pleads not guilty to corruption charges

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Indian origin transport minister of Singapore, S Iswaran, pleaded not guilty of 27 charges labelled against him on Thursday. With political career spanning 26 years, Iswaran was facing two corruption charges under Prevention of Corruption Act one of obstructing justice and 24 of receiving gratification as a public servant under Penal Code. He was arrested on July 14 last year.

from NRI - The Times of India https://ift.tt/Rt3bCa7

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US President Biden nominates Indian American global venture capitalist to IDFC Board

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President Joe Biden has nominated prominent Indian-American global venture capitalist Deven Parekh as a member of the Board of Directors of the International Development Finance Corporation, a development finance institution and agency of the US government. Parekh, the managing director at software investment firm Insight Partners, was nominated for the post last week. His nomination will be for a period of three years, the White House said in a press release on Friday. By statute, the US International Development Finance Corporation (DFC) Board of Directors includes four members recommended to the President from Senate and House leadership. from NRI - The Times of India https://ift.tt/qzhu5ON
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