Bengaluru: ATM cash van driver escapes with Rs 75 lakh

News Network
November 8, 2018

Bengaluru, Nov 8: Kadugondanahalli police are on the lookout for a driver employed with a cash management firm, who is allegedly on the run after he stole Rs. 75 lakh in cash that was to be deposited in ATMs on Monday. According to the police, the accused, Abdul Shahid, was a driver at Writer Safeguard Private Limited and had been deployed to drive a van with Rs. 1.2 crore in cash on November 5.

He, along with staff members Srishaila, Harish and gunman Janith Singh, started the rounds and deposited cash in ATMs along the route.

When the team reached an ATM on Nagawara main road, as per protocol, the gunman and the two employees unloaded the cash boxes and entered the kiosk, leaving Shahid in the van with Rs. 75 lakh. On returning, they found that Shahid had abandoned the vehicle. A trunk and two bags of cash were missing.

Srishaila alerted the branch in-charge of the company, who filed a complaint with Kadugodi police. “We have taken up a case under criminal breach of trust and cheating and efforts are on to trace Shahid,” said the police. “We suspect more people were involved as one man cannot escape with a metal trunk and two cash bags.”

The police are verifying CCTV footage from the area to ascertain how Shahid escaped.

Comments

Suresh
 - 
Thursday, 8 Nov 2018

ATM cash thieves are fools. Huge amount of money they cant use easily (not even in banks) and the serial numbers of cash already noted by the agency.

Sandeep Ullal
 - 
Thursday, 8 Nov 2018

Police will catch him easily. 

Vinod
 - 
Thursday, 8 Nov 2018

Only in India such incidents repeatedly happening. And no govt taking preventive security systems

Ganesh
 - 
Thursday, 8 Nov 2018

Why this happens all the time. Govt should do something for uncrackable security system

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coastaldigest.com news network
July 28,2020

Bengaluru, July 28: Former prime minister and JD(S) chief H D Deve Gowda today threatened to launch a state-wide agitation in against the amendments made to the Karnataka Land Reforms Act.

Gowda’s opposition to the new law comes even as Congress leader Siddaramaiah is also doggedly pursuing it.

Demanding that the state government immediately rollback the ordinance empowering these amendments, the octogenarian leader said he personally would take to streets if the government failed to budge.

The B S Yediyurappa government has liberalised the land reforms law by removing restrictions on non-agriculturists from purchasing and owning farm lands.

The government has also amended the APMC Act and has tweaked labour laws, which are all “against the interest of the state and must be rolled back,” Gowda said.

Speaking to reporters here, Gowda stated that he had already written thrice to Chief Minister B S Yediyurappa in this regard. "The ordinances have to be taken back. The amendments to Karnataka Land Reforms Act, by repealing sections 79-A, B and C, is an anti-farmer move. The APMC Act amendment, too, is against the interest of the state. The government has failed to speak about the impact of these amendments," said Gowda, who is now a Rajya Sabha member.

Elaborating on the amendment to the Land Reform Act, the JD(S) patriarch opined that by throwing open agricultural land ownership to anybody at all, the government was only helping real estate developers while pushing farmers into a “vulnerable” situation.

Amidst all this, there are now reports of funds misappropriation in Covid-19 relief measures and in procurement of medical equipment, he said, adding that it seemed like only the corrupt became stronger over time.

Further, Gowda lambasted both national parties for creating political unrest, referring to the ongoing political crisis in Rajasthan and the recent developments in Madhya Pradesh. However, he added that he would not wish to dwell on it much, while emphasising that his focus was primarily on strengthening his own party at this point in time.

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News Network
April 29,2020

Bengaluru, Apr 29: Union Minister Ravi Shankar Prasad on Tuesday clarified that Department of Telecommunications has extended the relaxed terms and conditions for VPN till July 31.

"Wish to clarify that it is not extension of WFH. In response to IT Industry's request to facilitate WFH for OSPs, Department of Telecommunications, India had relaxed terms and conditions for VPN till April 30 After discussions with IT Ministers this relaxation in terms and conditions is extended till July 31," Prasad Tweeted quoting Deputy Chief Minister of Karnataka Dr Ashwath Narayan.

Earlier, the Karnataka government issued a press statement saying that the central government has given permission to IT professionals to work from home till July 31 in the view of COVID-19 pandemic.

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coastaldigest.com news network
July 7,2020

Bengaluru, Jul 7: Vasudeva Maiya, former CEO of Sri Guru Raghavendra Co-operative Bank, was found dead in his car in Bengaluru on July 6.

The Subramanyapura police have begun an investigation into Vasudeva Maiya's death.  Source said that he committed suicide. He was a native of Kota in Udupi district.

The car was found parked a little away from Maiya's house at around 6.30 pm on July 6.

The Reserve Bank of India (RBI) had in January imposed restrictions on Sri Guru Raghavendra Co-operative Bank and limited withdrawals to Rs 35,000 by customers.

On June 18, Anti-Corruption Bureau (ACB) raided five offices of Sri Guru Raghavendra Co-operative Bank, in relation to alleged misappropriation of Rs 1,400 crore.

The RBI, Enforcement Directorate, Criminal Investigation Department, and Registrar of Cooperative Societies are looking into the financial irregularities at the lender.

The police also conducted searches at residences of Maiya and the bank's chairman K Ramakrishna in relation to the above mentioned case, sources said.

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