2 best teacher' award winners arrested in II PU paper leak case

April 7, 2016

Bengaluru, Apr 6: Criminal Investigation Department (CID) sleuths on Wednesday arrested two more teachers in connection with the PU II question paper leak case. The two physical education (PE) teachers — Anilkumar HK of Poornaprajna College, Sadashivanagar, and Satish Kumar of Government High School, Mathikere — have been long-time friends and, ironically, even recipients of the 'best teacher' award for Bengaluru north, from not too long ago.

awardwinners They are facing charges of selling the leaked question papers to students and handing over the money to Manjunath after taking a commission. The arrests were made following information given by one of the prime accused Manjunath, who is being interrogated by the CID. The accused will be produced before a court seeking police custody for questioning.

Manjunath, also a PE teacher, Obalaraju, officer on special duty to the Medical Education Minister, and Rudrappa, a PWD manager, were nabbed by the CID on Monday. The officials suspect that Manjunath got the question paper from the kingpin of the racket and had given it to Anil and Satish. The duo had reportedly sold the question papers directly to students of private colleges and collected money. Both had made about `50,000 each and given `4 lakh to Manjunath.

Anil and Satish, who knew each other for the past few years, are part of the gang involved in question paper leaks. Both came in contact with Manjunath during the training period and sports meet. They had received the chemistry question paper, which was leaked the first time, 12 hours before the exam. They had approached students of private tutorials located around their residences and had collected the names of those interested in buying the paper.

Best teachers'

A senior CID official said the arrested PE teacher Anil had received the Best Teacher Award from the state government in 2015-16 based on a recommendation from his college. The college had recommended his name after the performance of its students in the PU II exams improved. He was also close to top officials in the PUE and Public Instruction Departments.

Interestingly, he used to be seen in the department office during results giving details of the college toppers to the media. Satish also received a Best Teacher Award presented by PE Teachers' Association.

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Playing with children life, these culprits should be hanged in public

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D K Shivakumar accuses BJP of selling rice meant to be distributed among poor

News Netwok

April 25,2020

Bengaluru, Apr 25: KPCC president D K Shivakumar, has alleged that BJP leaders from the state have sold rice that was meant to be distributed to the poor in Tamil Nadu.

Speaking to newsmen here on Friday, he stated that Congress fully supports the government’s work in the prevention of the spread of COVID-19, but maybe unknown to the Chief Minister, corrupt dealings are which we want to bring to his attention.

He alleged that 1,879 quintals of rice brought from Haryana have been illegally sold to a businessman in Hosur, Tamil Nadu.

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Karnataka Bank reports over Rs 285-cr fraud in four loan accounts

News Network

June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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