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United Nations backs India’s concerns over black money, calls for action on recovering money hidden in safe havens

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Black money

By NewsGram Staff Writer

“Track down and recover black money hidden in safe foxhole,” called out a group of law officials in a major United Nations meeting, which concluded on Sunday in Doha, Qatar.

The 13th UN Congress on Crime Prevention and Criminal Justice stated that it’s high time to take effective steps to track, recover and confiscate “money and other assets that have not been accounted for and are found in safe havens.”

The group also proposed that the freezing can be carried out “in accordance with domestic law” and can also be “non-conviction-based.”

It is notable that the meeting, which was attended by UN Secretary General Ban Ki-Moon, union Law Minister D.V. Sadananda Gowda and the chief legal and law enforcement officials from all over the globe, kind of advocated India’s concerns over black money.

On the other hand, the meeting also focused on amplifying international cooperation and finding for nations “ways of affording one another similar cooperation in civil and administrative proceedings for confiscation purposes.”

“I am happy to note that this Congress has endorsed the need for greater international cooperation to effectively deal with critical issues such as unaccounted black money stashed in safe havens, money laundering,” said Gowda welcoming the Congress’ proposed actions to deal with the grappling issue of Black Money.

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New Samsung Foldable Smartphone “Galaxy Z Flip” Goes Out of Stock in Minutes During First Sale in India

In India, the device comes with Snapdrgon 855+ processor and 8/256 GB memory combination

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Samsung
The Galaxy Z Flip comes with a first-of-its-kind foldable glass that features a 6.7-inch display that folds into a stylish and compact form factor. IANS

 The Rs. 1.10 lakh Samsung Galaxy Z Flip foldable smartphone went out of stock within minutes during its first sale in India on Friday.

Samsung India’s online store put up a ‘sold out’ message for Galaxy Z Flip, less than an hour after the smartphone went on sale online at 11 a.m.. Leading retail outlets, accepting pre-bookings for Galaxy Z Flip, have also run out of stock.

Samsung’s online store and leading retail outlets are accepting pre-bookings against full payment for Galaxy Z Flip, which is priced at Rs. 1,09,999. Consumers, who managed to pre-book the Galaxy Z Flip in India, will start getting deliveries on February 26, Samsung India said in a statement.

Buyers from Samsung online store will be offered premium “white glove” delivery, the company said. According to sources, Galaxy Z Flip which is available in two colours — Mirror Purple and Mirror Black — will be up for pre-bookings again from February 28 and subsequent deliveries will begin in March.

Samsung
The Rs. 1.10 lakh Samsung Galaxy Z Flip foldable smartphone went out of stock within minutes during its first sale in India on Friday. IANS

The Galaxy Z Flip comes with a first-of-its-kind foldable glass that features a 6.7-inch display that folds into a stylish and compact form factor. It’s a dual-SIM smartphone, with one eSIM and one Nano-SIM card slot. E-sim services are currently available on Airtel and Jio networks.

ALSO READ: Legendary Musician AR Rehman Says “I am Politically illiterate by Choice”

In India, the device comes with Snapdrgon 855+ processor and 8/256 GB memory combination. Galaxy Z Flip comes with accidental damage coverage, which includes one-time screen protection and a 24X7 dedicated call centre support in India. (IANS)