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By:

Dr. Abhilash Dawre

19 March 2025 at 5:18:41 pm

Suspicious death of undertrial prisoner

Dies after four-hour delay in treatment at Kalyan Aadharwadi jail Kalyan: In a shocking and disturbing incident, an undertrial prisoner lodged at Adharwadi Jail in Kalyan died under suspicious circumstances, triggering serious allegations of negligence against the prison administration. The deceased, identified as Rishikesh Pawar, reportedly complained of severe chest pain on Tuesday evening but was allegedly denied timely medical treatment for nearly four hours. His family claims that this...

Suspicious death of undertrial prisoner

Dies after four-hour delay in treatment at Kalyan Aadharwadi jail Kalyan: In a shocking and disturbing incident, an undertrial prisoner lodged at Adharwadi Jail in Kalyan died under suspicious circumstances, triggering serious allegations of negligence against the prison administration. The deceased, identified as Rishikesh Pawar, reportedly complained of severe chest pain on Tuesday evening but was allegedly denied timely medical treatment for nearly four hours. His family claims that this delay proved fatal, raising grave concerns about the functioning and accountability of jail authorities. Rishikesh Pawar, a resident of Dombivli, had been arrested in connection with a case registered at the Hill Line Police Station in Ulhasnagar. Following his arrest, the court had remanded him to 14 days of judicial custody, after which he was lodged in Adharwadi Jail, Kalyan a facility that has been in the news previously for various controversies. According to sources, Pawar began experiencing intense chest pain around 5:00 PM on Tuesday. Despite the seriousness of his condition, he was not immediately shifted for medical treatment. It was only around 9:30 PM that he was taken to Ulhasnagar Central Hospital. In a further alarming detail, he was reportedly transported not in an ambulance, but in a private Bolero vehicle belonging to the jail administration. Family members allege that had Pawar received timely medical attention, his life could have been saved. Questioning the delay, they have demanded to know why no action was taken for hours despite repeated complaints of chest pain. The situation escalated when enraged relatives rushed to the hospital upon learning of Pawar’s death, leading to chaos and protests. The family has demanded strict action against the officials responsible and warned of launching an agitation if justice is not delivered. While Speaking to ‘The Perfect Voice’, Pawar’s friend Yogesh Jaiswal made serious allegations against jail staff. He claimed that despite repeated pleas to shift Pawar to a hospital, a jail staff member identified as “Baba” Raju Por allegedly ignored their requests and responded insensitively. Jaiswal further alleged that there is a lack of proper medical arrangements inside the jail, and accused certain staff, including a doctor, of negligence and misconduct. He also made shocking claims about the availability of contraband substances such as alcohol and drugs inside the jail. Demands have been raised for an inquiry against senior officials, including Jail Superintendent Pradeep Jagtap, medical officer Mangesh Jadhav, and staff member Raju Por, along with calls for their immediate suspension pending investigation. In another concerning development, Superintendent Pradeep Jagtap reportedly avoided responding to media queries, refusing to take calls despite repeated attempts. This silence has further fueled suspicions and raised questions about transparency. Pawar’s body has been sent to J.J. Hospital for post-mortem examination. The exact cause of death will be determined only after the autopsy report is released.

Lateral upgrade to ailing annihilation

Updated: Oct 21, 2024

Lateral upgrade to ailing annihilation

Being the first person from the private sector to be appointed as chairperson of Securities and Exchange Board of India (SEBI) as part of the government’s lateral initiative, Madhabi Puri Buch also holds the honour of being the first woman to hold the top post as capital market regulator.

But the laurels that the former private sector banker enjoyed in her earlier stint with ICICI Bank, was marred with allegations that she and her husband were having a stake in offshore entities, which were used to artificially inflate shares of Adani group companies.

Terming the allegation as `character assassination, Buch clarified that all disclosures have already been furnished and the fund in question did not invest in any securities involving the Adani group.

When it rains, it pours. This allegation was subsequently followed by Congress Party allegation that Buch had received salary and post-retirement benefits from ICICI Bank after she quit the private sector bank.

In its clarification to the stock exchanges, ICICI Bank asserted that the payments made to Buch were purely retirement benefits after her exit from the bank and they were neither salary nor employee stock options.

Prior to these allegations, Buch tenure at SEBI was all about bringing in quick reforms on operational issues by changing the format of consultation paper to bring in larger responses digitally. Being data savvy, the rationale of her decisions were democratic based on big data analysis derived from the responses received to the consultation papers.

Further she bifurcated the duties of the SEBI staff between operations and enforcement, which were done by the same persons earlier. Having worked for the private sector in the capital market domain space, Buch had a better understanding of the subject compared to officers from the administrative service in the past that reflected even in her orders as a whole-time director at SEBI before becoming the chairperson. As a whole time director at SEBI, her orders on adjudication issues were more directional to the capital market space, according to experts in the compliance space. She was also quick to revamp the old provisions of the 90s at SEBI.

Being tech and data savvy, Buch enhanced regulatory surveillance and detection of market manipulation, insider trading and fraud while also emphasizing on strengthening corporate governance by introducing stricter rules for independent directors and enhancing disclosures for related-party transactions.

To put in perspective, the annual report of the capital market regulator in the just concluded financial year revealed that the number of investigations related to insider trading jumped to 175 in 2023-24 from 85 in the preceding year while probes related to front running jumped over three times to 83 from 24 in the preceding year.

Transparency in mutual funds by implementing measures to protect retail investors along with tightening norms for initial public offers, particularly in the SME platforms were some of her other positive initiatives including confirmation of denial of any market rumours within 24 hours for the top 100 listed companies which will be extended to top 250 companies from December 1. However increased transparency and compliance with tightening regulations led to increased operational costs for the market participants and hence faced resistance from certain quarters. Born in 1966, Buch completed her primary education in Mumbai and graduated with specialization in Mathematics from Delhi and later obtained a management degree from Indian Institute of Management, Ahmedabad. In between, she got engaged to Dhawal Buch, a director at a consumer goods multinational at the age of eighteen and got married at the age of 21.

Besides ICICI Bank, Buch also worked as a lecturer at a college in England, worked at Greater Pacific Capital in Singapore and ICICI Securities as its CEO. She also worked as executive director on several private sector companies and as a consultant for New Development Bank (Brics Bank).

What now remains to be seen, is whether Buch, who survived the 26/11 terror attack when she along with her husband, was attending a meeting at Taj, be able to overcome the current ordeal. Keeping fingers crossed for the times to come.

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