Will explore legal options against those maligning me: DGP Arora
HC IMPOSES ₹25,000 FINE ON ARORA
CHANDIGARH: Punjab director general of police Suresh Arora on Thursday condemned the vested interests trying to erode the credibility and morale of the police by launching a malicious and baseless campaign against him and other top officers of the force, and said he would explore all legal options against those engaged in the “spiteful conspiracy”.
Breaking his silence, Arora told journalists here that during his career spanning 36 years, he had not supported any police officer involved in any criminal or corrupt activity.
The top cop said he had been forced to break his silence as he felt that the various aspersions on his character and official conduct were not only an attack on his unblemished reputation but were also affecting the morale of the police force.
However, he refused to comment on the specific allegations that had been made before the high court as the matter was subjudice. The DGP’S statement came two days after an AAP delegation led by leader of opposition Sukhpal Singh Khaira submitted The HC court on Thursday imposed a fine of ₹25,000 on DGP Suresh Arora after he failed to file a reply in a case involving former SSP, Moga, Raj Jit Singh Hundal.
a memorandum to Punjab governor VP Singh Badnore to seek probe CBI or a judicial commission comprising a sitting judge of the HC into the alleged “role, connivance and complicity of top policemen with drug mafia”.
The opposition party had specifically named Arora and controversial former Moga SSP Raj Jit Singh among others in its memorandum. A case related to Raj Jit’s alleged complicity with drug traffickers is coming up in the HC on July 25.
Arora said the half-baked accusations being published, highlighted and circulated by vested interests had serious implications for national security. “This becomes even more pertinent in view of the fact that Punjab is a border state and its neighbouring country is constantly trying to cause disruption and destabilisation in the state,” he said.
‘RAJ JIT NOT MY BLUE-EYED BOY’
Asked specifically about Raj Jit, Arora said he had never worked with the officer and the issue pertained to 2013, when he was not even the DGP. He denied that Raj Jit was his blue-eyed boy. MUMBAI: The rupee on Thursday weakened past 69 to a dollar to close at a yet another record low, tracking losses among Asian peers.
The rupee ended at 69.05 a dollar, down 0.62% from its previous close of 68.62. The currency opened at 68.68 a dollar and touched a low of 69.07 a dollar.
The last time the rupee hit an all-time closing low of 68.9413 was on July 5. It touched alltime intraday low of 69.0925 on 28 June.
The Bloomberg Dollar Spot Index rose for a third day as the greenback strengthened against all major peers.
US Treasuries edged lower for a fourth day, pushing the 10-year yield to 2.89%, its highest since June 26
Fed Chairman Jerome Powell warned that an escalating trade dispute could hurt economic growth but he laid out an upbeat assessment of the economy that could keep the central bank on a gradual path of tightening policy.
Traders were also worried as the yuan weakened to a one-year low after the People’s Bank of China (PBOC) showed little sign of intervening to slow the currency’s descent. The yuan dropped 0.3% to 6.7652 per dollar, the lowest level since July 2017, after PBOC weakened its fixing beyond 6.7 for the first time since the currency began tumbling in June. The yuan has fallen more than 4% in the past month, the worst performance among 31 major currencies, as the world’s second largest economy showed signs of slowing and a trade spat with the US escalated.
“The worsening of India’s external position amidst tightening global financial conditions and dollar strength has resulted in the rupee weakening to an alltime low,” said brokerage firm UBS in a 11 July report.
The rupee has weakened 7.4% so far this year, while foreign investors have sold $964.30 million and $6.36 billion in the equity and debt markets, respectively.
The benchmark Sensex index fell 0.06% or 22.21 points to 36,351.23. Since January, it has gained 7%.
The 10-year bond yield stood at 7.782%, up from Wednesday’s close of 7.752%. Bond yields and prices move in opposite directions.