Categories: BUSINESS

US compliance alert: New York warned of $73M fund loss; federal audit flags improper immigrant commercial licences

New York faces a potential $73 million loss in federal highway funds after an audit revealed thousands of immigrant commercial driver’s licenses were allegedly issued without proper verification. The Transportation Department found over half of reviewed non-domiciled licenses were improperly issued, with New York unable to demonstrate status verification for 32,000 active licenses.
Sumitra

Share
Published by
Sumitra
8 months ago

Recent Posts

‘Extra payout’ to Maharashtra PSU: HDFC board slaps Rs 1 lakh fines on MD, CFO

HDFC Bank's board penalized top executives over deposit arrangements with MSRDC. The internal review found…

3 hours ago

Rs 100 crore club gets bigger: Number of nine-figure income filers quadruples in five years

More Indians are reporting nine-figure incomes on tax returns. The number of these high-earners rose…

3 hours ago

Cyber frauds shift to on-call scams, mule networks

1 day ago

BNP to take bancassurance route for insurance re-entry

BNP Paribas Cardif is acquiring a significant stake in IndiaFirst Life Insurance. This strategic investment…

1 day ago

Energy security in focus: What India’s crude oil, LPG and LNG strategic reserves strategy should look like

Once completed, the total strategic petroleum reserves capacity will increase to 11.88 MMT, enabling India…

2 days ago

HCLTech to set up Rs 14.3k cr AI data centre in Odisha

2 days ago