CCB raids houses of absconding IMA boss Mansoor Khan's THREE wives in Bengaluru

News Network
June 18, 2019

Bengaluru, Jun 18: Central Crime Branch (CCB) on Monday conducted raids at three different locations at the residences of wives of I Monetary Advisory (IMA) jewels founder Mansoor Khan who is an accused perpetrating financial fraud in Bengaluru.

Raids were conducted in Shivajinagar, the residence of Khan's first wife and two different residences in Tilak Nagar related to his second and third wife.

CCB collected some important documents of investments and details of Khan's financial issues, 1.5-kilogram gold and Rs 2.7 lakh cash.

Karnataka government had constituted an 11-member Special Investigation Team (SIT) to probe the alleged fraud by the IMA, which has an estimated Rs 200 crore investment of Muslim women alone. Over 38 thousands of complaints have been filed by people who had invested in IMA.

18 complaints filed in high court to direct the state government to handover the IMA case to the Central Bureau of Investigation. Several investors also hail from Andhra Pradesh, Telangana and Tamil Nadu.

Police have also registered a case against IMA Jewels and Khan and teams have been formed to nab him. Earlier, seven directors of different entities linked to Khan had been arrested.

It is alleged that IMA Jewels, with Muslims as its prime investors, has not paid interests on investments for the last three months.

Earlier, scores of investors staged protests outside IMA Jewels' office in Sivaji Nagar, demanding the firm to return their money.

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coastaldigest.com news network
July 26,2020

Belthangady, Jul 26: The forest department officials on Sunday banned traffic in Charmadi ghat section as a precautionary measure following information that landslide and uprooting of trees may take place due to heavy rain which has been lashing the ghat section since last one week.

The officials said that a tree was likely to be uprooted in the 6th and 7th cross of the ghat section therefore the entry of vehicles were banned and this has resulted in a traffic jam.

It is said that despite lockdown many vehicles have been playing in the Ghat section.

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News Network
July 16,2020

Bengaluru, Jul 16: Former Prime Minister and JDS supremo H D Devegowda on Thursday gave a clarion call to party workers to take steps to strengthen the party from the grossroots level and to 'expose the failures' and 'anti-people' policies of BJP government both at the Centre and State.

In an open letter to the workers here, he alleged that the urgent need is to create awareness among the people about failure of the governments which have brought in policies which are deterrent to the poor and downtrodden.

BJP government headed by Chief Minister B S Yediyurappa in Karnataka has come up with an amendment to the Land Reforms Act,1961, which is 'against' interests of the small and medium farmers as even a non-agriculturist can purchase agriculture land, thus giving an opportunity to the rich people to 'exploit' illiterate farmers and purchase their land and use it for some other purpose after some time.

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News Network
July 3,2020

Bengaluru, Jul 3: Opposition leader in the Karnataka Legislative Assembly and former Chief Minister Siddaramaiah on Friday opined that there is no other option left but to resort to 'Jail Bharo' agitation to expose the ruling BJP government's indulge in 'Corona Corruption' which runs into more than Rs 2000 crore.

Siddaramaiah said that according to a submission to the Karnataka High Court the government has submitted that it has incurred Rs 3,392 crore expenditure for Corona in the State so far. While the market price for equipment purchased will not exceed Rs 1163 crore and it clearly shows that the corruption is to the tune of Rs 2,000 crore.

Siddaramaiah speaking to a private TV channel here on Friday said the chief minister B S Yediyurappa-led State government should come out with a White Paper on the money spent for purchases made facilities provided to patients. 

According to submission to the Court, the Government has purchased 1000 Ventilators by paying Rs 120 crore, while the market price is Rs 40 crores at Rs 4 lakh for each Ventilator. Why is Rs 120 crore more paid, does it not lead to doubt the government's claim. For purchase of kits, mask, gloves etc. it amounted to Rs 1,500 crores but paid by the government was Rs 9,000 crore."

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