CBI raids Mangaluru SEZ commissioner; Rs 1 crore seized

[email protected] (CD Network)
July 16, 2016

New Delhi, Jul 16: In a major seizure, CBI today claimed to have recovered about Rs one crore in cash from the residence of the then Development Commissioner, Special Economic Zone, Surat during searches conducted after a case of disproportionate assets was registered against him.

cbiCBI sources said a case under the Prevention of Corruption Act had been registered against Vijay Kumar Narayan Shewale, now posted as Development Commissioner, Mangalore SEZ, and his wife for allegedly possessing assets disproportionate to their known sources of income.

"It was alleged that the public servant had acquired disproportionate assets to the tune of Rs 5.26 crore (approx) in his own name as well as in the name of his family members, including his wife, daughter and son. The alleged assets include residential/business/agricultural premises," a CBI spokesperson said here today.

She claimed searches were conducted at seven premises in Mangalore, Mumbai, Malegaon and Nashik which led to recovery of several documents relating to the acquisition of properties and cash to the tune of Rs 99.60 lakh from the residence of the public servant, besides Rs 94.99 lakh from the office of a private firm at Andheri, Mumbai.

"300 gms (approx) of gold jewellery and 900 gms (approx) of silver coins were recovered from a bank locker in the name of his wife," she said.

Comments

SK
 - 
Sunday, 17 Jul 2016

If the search is carried out at the premises of Arnab Gooo sami, many crores of cash will be found...... Naren, any one has the guts to bell the CAT......

Satyameva jayate
 - 
Saturday, 16 Jul 2016

These looters should be called desh drohees stealing from public and the government....... should be hanged in public

A. Mangalore
 - 
Saturday, 16 Jul 2016

LET CBI SEARCH ARNAB GOSWAMY RESIDENCE. SURE HE HAS NOW CRORES OF RUPEES , AS A TOKEN BISCUITS FOR BARKING AGAINST JNU AND ZAKIR NAIR.

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coastaldigest.com news network
June 1,2020

Udupi, Jun 1: As many as 73 people have been tested positive for coronavirus in Udupi district today.

The district has registered a total of 260 positive cases so far. Majority of the positive cases in Udupi district have inter-state travel history to Maharashtra.

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News Network
February 12,2020

Bengaluru, Feb 12: Hinting at the possibility of a consolidation of ex-Janata Parivar leaders, JD(S) supremo HD Deve Gowda said Tuesday his party was open to talk to any former Janata leaders, who are at present either in various factions of the Janata Dal or in Congress and BJP. The veteran leader also appreciated Arvind Kejriwal-led AAP's way of work.

At the party's National Executive Committee meeting held here, Gowda said that some ex-Janata Parivar leaders had reached out to him in this regard. His comments come at a time when JD(U) leader Mahima Patel recently rekindled the debate of a unified Janata Parivar.

However, Deve Gowda was clear that he was not interested in pursuing anyone who was happy with the party they were in. "It's a waste of time to pursue someone who has seen success within their party. I am not going to do that. I am willing to persuade only those who are not holding any office at present," he said. He added that he had already asked party leaders in Kerala to take the initiative and figure out ways to bring leaders together. As for other places, it would take him some time to reach out people, he added.

The party, which organised the National Executive Meet here on February 10 and 11, spoke of strategies to rejuvenate the party from the grassroots level. The party is also conducting a membership drive.

'Much to learn from AAP'

There is much to learn from Aam Aadmi Party, which registered a victory in Delhi elections on Tuesday, said Devegowda. "Kejriwal has showed that caste does not matter. There is lesson to be learnt from the work done by AAP," he said. Later in the day, Deve Gowda also wrote a letter to Arvind Kejriwal, congratulating him on his victory.

On the occasion, the party also came up with resolutions to urge the central government to release pending amount of GST it owed to state governments apart from focusing on development of labour, industries and agriculture; to demand the centre to rollback decision on CAA, NRC and NPR and to urge the centre to pass the women's reservation bill.

At the JD(S) National Executive Meet, even as news poured in about the victory of Aam Aadmi Party in Delhi elections, the JD(S) leaders celebrated Arvind Kejriwal's victory. Seeing it as an optimistic sign for regional parties across the country, the leaders distributed sweets to mark the hat trick win of Kejriwal.

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News Network
June 18,2020

Bengaluru, Jun 18: Real estate continues to be a preferred asset class for investors amid the uncertainty emerging out of the pandemic, according to a report by National Real Estate Development Council (NAREDCO) and Housing.com.

Titled 'Concerned yet positive - The Indian Real Estate Consumer (April-May 2020)', the report showed that the real estate consumer remains positive with regard to the economic scenario and income stability for the coming six months.

"Real estate (35 per cent) is still perceived as the preferred mode of investment, followed by gold (28 per cent), fixed deposits (22 per cent), stocks (16 per cent) and homebuyers are likely to slowly return to the market in the coming six months," it said.

Price-points of residential realty have remained muted for the past few years, but are still a key deterrent, with the perception of being still unaffordable, according to nearly half of the potential homebuyers surveyed, who are currently staying in rented accommodation.

A majority of respondents surveyed (73%) comprise 'first time homebuyers', who are looking to buy a 'ready-to-move-in-house' for end-use and are from the age group of 25-45 years. While 60% of respondents opined that for the next six months, they would prefer a ready-to-move-in property, 21% said they were okay with a property with a delivery timeline of maximum one year.

The survey was conducted in April and May 2020, through a random sampling technique for a fair representation across regions. The insights presented in the survey represent the view of more than 3,000 potential homebuyers.

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