Rs 1 crore in demonetised currency seized, six arrested

first_imgHyderabad, Aug 19 (PTI) The city police today arrested six persons and seized Rs one crore in demonetised currency from them.The arrested men were identified as Raj Kumar Bagadi, owner of a petrol pump in Putli Bowli area; Ahmed Bin Ali, owner of a sports showroom; Mohammed Salman; Mohammed Shabeer, a textile businessman; Mohammed Ahmed Shareef and Pedda Shetty Reddy Sekar, a retired Postal Department employee.A team of Central Zone Task Force of police raided Bagadis house in Barkathpura area and arrested them with Rs 1 crore in scrapped notes, said a press release.The accused had planned to get the notes exchanged for valid currency through some middlemen, and gathered at Bagadis house for this purpose.A case was registered at Kachiguda police station and further probe is on. PTI GDK KRKlast_img read more

Knicks’ Anthony Free Agent

first_imgNEW YORK — Carmelo Anthony is putting himself on the free agent market. Anthony has informed the New York Knicks of his long-expected plans, two people with knowledge of the details said.Anthony had a Monday deadline to terminate the final year of his contract. He filed the paperwork on June 20, one of the people told The Associated Press on condition of anonymity because no official announcements were made.Anthony has repeatedly said he planned to explore free agency this summer. Team President Phil Jackson told the All-Star forward after the season he may want to delay the decision and play out the final year of his deal, which would have paid him $23.3 million, but Anthony is going ahead with his previous plans.He told the Knicks he was sticking to his intentions during a recent meeting in Los Angeles with Jackson, General Manager Steve Mills and new coach Derek Fisher, and has now made it official.He will be eligible to negotiate with teams starting July 1.Teams such as Chicago, Houston, Dallas and Miami have been mentioned as potential suitors for Anthony, a two-time Olympic gold medalist who led the NBA in scoring in 2012-13.Anthony has never said he wanted to leave New York but said his biggest priority is signing with a team that he believes can contend for championships.The Knicks went 37-45 last season, the first time Anthony missed the playoffs in his 11-year career, and have little financial ability to upgrade the roster this summer.The Knicks can offer Anthony, whom they acquired from Denver in a blockbuster trade in February 2011, more than $20 million more than any team. But Anthony has said he would be willing to take less than a maximum salary for a chance to win, and Jackson has said he hopes Anthony sticks to that.Jackson and Fisher have said the Knicks want Anthony back, but that the team would be prepared for whatever happened.Anthony never truly got to experience the full free agency process, signing an extension of his rookie contract in 2006, then extending that deal as a condition of the trade to New York, and has said that is something that interests him.Now he will have his chance.(BRIAN MAHONEY, AP Basketball Writer)TweetPinShare0 Shareslast_img read more

British Equestrian Federation could lose £21m funding after bullying is revealed

first_imgShare on Facebook The British Equestrian Federation has been told it risks losing public funding of more than £21m after a damning report found evidence of bullying, elitism and self-interest within the sport.The independent report was commissioned by the national governing body in October following the abrupt resignation of its chief executive, Clare Salmon, in July. She had been appointed in February 2016 to modernise the BEF but, as the report details, her approach ruffled feathers within equestrianism and she was forced out.Salmon thanked the three-strong review panel, which was chaired by John Mehrzad, the lawyer who prepared a similar report for British Cycling last year. Since you’re here… “From day one I was set up to fail by people who were deliberately frustrating the change required,” Salmon said. “I was bullied out by people driven by self-interest and elitism. This is unacceptable for an organisation receiving more than £20m of public money.”The threat to the funding of the sport – one of Britain’s most successful at recent Olympic and Paralympic Games – is made clear at the end of the report.“In so far that the recommendations in this report are not addressed within a reasonable period of time … UK Sport and Sport England would be entitled to suspend public funding,” it said.In response, the two agencies issued a statement saying they welcomed the review and the “full acceptance” of its recommendations by the BEF and its 19 member bodies. “Ongoing funding will be dependent on the BEF and its member bodies acting to implement the recommendations of this review. We will keep this under close review.”The report found that a “climate of fear” and “culture of bullying” exists within British Dressage and British Showjumping, with “broadly similar” allegations made from a smaller number of contributors about British Eventing, the British Horse Society and Endurance GB.The report also highlights the fact the sport is too expensive, is run by small cliques and therefore struggles to retain staff.It is the latest sports governing body to face negative allegations about its culture, after reviews were conducted at British Cycling, Canoeing, British Swimming and British Bobsleigh. Share on WhatsApp Share on Pinterest Support The Guardian Read more British Equestrian Federation launches investigation into bullying claims Sport politics Topics Share on Twitter … we have a small favour to ask. More people, like you, are reading and supporting the Guardian’s independent, investigative journalism than ever before. And unlike many news organisations, we made the choice to keep our reporting open for all, regardless of where they live or what they can afford to pay.The Guardian will engage with the most critical issues of our time – from the escalating climate catastrophe to widespread inequality to the influence of big tech on our lives. At a time when factual information is a necessity, we believe that each of us, around the world, deserves access to accurate reporting with integrity at its heart.Our editorial independence means we set our own agenda and voice our own opinions. Guardian journalism is free from commercial and political bias and not influenced by billionaire owners or shareholders. This means we can give a voice to those less heard, explore where others turn away, and rigorously challenge those in power.We hope you will consider supporting us today. We need your support to keep delivering quality journalism that’s open and independent. Every reader contribution, however big or small, is so valuable. Support The Guardian from as little as $1 – and it only takes a minute. Thank you. news Reuse this content Share on Messenger Share on LinkedIn Share via Email Equestrianismlast_img read more