Karnataka businessman killed, wife critically injured in Dubai road mishap

News Network
January 25, 2018

Dubai, Jan 25: A prominent businessman from Karnataka’s Ballari died while his wife suffered critical injuries in a ghastly road mishap in Dubai.

The victim has been identified as Dinesh Kawad (40). His wife Neetu Jain (37) is fighting for her life in the ICU of Rashid Hospital, said Kesar Kothari, chairman of Rajasthan Business and Professional Group (RBPG) in Dubai.

The tragedy took place when the van they were travelling collided with a speeding truck near Al Aweer area on Emirates Road around 4.30pm.

There were many tourists on board the van driven by a Pakistani (23), who also died in the mishap. The victims of the accident were heading for a desert safari arranged for tourists, it emerged on Tuesday.

Initial investigation by Dubai Police showed the bus driver did not leave safe distance between the vehicles, leading to the crash.

“The couple, who had migrated to Karnataka from Rajasthan many years ago, came on a trip to Dubai leaving their two children back home,” said Kothari. He said a relative of Kawad called the RBPG officials seeking help for the couple.

“We visited the hospital and coordinated with the Indian Consulate to help them with the paper work,” he said.

The Indian Consulate in Dubai said it has completed all formalities for the repatriation of Kawad’s body. “We are trying to send his body home either at night or early morning,” said Kawad.

Quoting hospital sources, he said an Italian woman in the tourist group, who was believed to be three months pregnant, also succumbed to injuries. The Italian woman’s partner and a Chinese couple who were also in the van survived with minor injuries.

Comments

Mr Frank
 - 
Thursday, 25 Jan 2018

Very sad may almighty bless his family to bear the loss.death will appear even we are not killed someone,then how a man can escape his own death if he killed someone innocent.

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News Network
March 15,2020

Bengaluru, Mar 15: Amid growing coronavirus cases, the Karnataka government on Sunday postponed examinations of class 7, 8 and 9 till March 31, 2020.

The revised dates for examinations will be announced after reviewing the situation. The directive was issued by state education minister S Suresh Kumar on Sunday morning.

On Friday, the government had shut all educational institutions, malls, and clubs for a week.

Chief Minister BS Yediyurappa had said no one should travel unless it is an emergency.

"All malls, cinema halls, pubs, wedding ceremonies and other large gatherings in the Karnataka have been banned for another one week," Chief Minister Yediyurappa had said.

Notably, the number of coronavirus cases in the country has risen to 93, informed the Union Ministry of Health and Family Welfare today.

So far, two deaths due to the COVID-19 have been reported in the country. In the wake of spurt in cases of coronavirus across the country, the Central Government on Saturday decided to treat the deadly virus as a "notified disaster".

Coronavirus, which originated in China's Wuhan city in December last year, has so far spread to more than 100 countries, infecting over 1,30,000 people. The World Health Organisation (WHO) has declared coronavirus a pandemic.

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News Network
May 7,2020

Mangaluru, May 7: Thousands of migrant workers from Uttar Pradesh and Bihar, led by Congress leader Mithun Rai, staged a protest here on Wednesday demanding that they be allowed to return to their native places.

The workers started a protest demonstration opposite Mangaluru City Corporation office in the city. Police dispersed the crowd for violating social distancing norms.

The workers said they have nowhere to go and nothing to eat. Therefore, they are demanding to be sent back to their states. They however, had crowded together without following the social distance norm. 

In the wake of protest, prohibitory orders under section 144(3) were imposed in Dakshina Kannada district between 7pm and 7 am till May 17 to check the spread of Covid-19.

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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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