ED notice to B M Farookh over FEMA violation

News Network
April 17, 2018

Bengaluru, Apr 17: The Enforcement Directorate has issued a notice to realtor and Janata Dal (Secular) chief general secretary B M Farookh in a case of FEMA (Foreign Exchange Management Act) violation.

Farookh, who unsuccessfully contested for the Rajya Sabha seat on a JD(S) ticket, has been asked to appear before the ED officials on Tuesday.

Sources said that the notice had been issued to Farookh for FEMA violations in funds invested in real estate. He has been asked to produce his passport, Aadhaar, details of assets and balance sheets of his firms.

With declared assets of Rs 770 crore, Farookh was the richest candidate to contest Rajya Sabha polls from the state in 2016 and in March 2018. Farookh is the younger brother of B A Mohiuddin Bava, Congress MLA from Mangaluru north. Besides real estate business, Farookh has investments in renewable energy sector.

Comments

Kumar
 - 
Tuesday, 17 Apr 2018

ED may need to check his brother Bava's too

JDS Fan
 - 
Tuesday, 17 Apr 2018

Why only our leader..? search cong leaders in mangaulu. ED may findout much more

Danish
 - 
Tuesday, 17 Apr 2018

If ED start digging politicians asset matter properly may findout many benamy dealings and real estate investments.

Ganesh
 - 
Tuesday, 17 Apr 2018

HDK told he dont have money and his party too. Because of his "Health issues" he may forget Farookh matter

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coastaldigest.com news network
June 11,2020

Mangaluru, June 11: The private flight chartered by Saudi Arabia's SAQCO Contracting Company to repatriate coastal Kannadigas stranded in the kingdom landed at Mangaluru International Airport at 1:15 am on Wednesday.

The flight with 175 passengers took off from the Dammam International Airport around 6 pm (KSA time).

SAQCO’s Directors Althaf Ullal and Basheer Sagar said that all the legal procedures were carried out smoothly before the flight took off from Dammam for Mangaluru.

The duo also informed that no staff or official of SAQCO were traveling on the chartered flight and that it was arranged only for the stranded Kannadigas. The cost of traveling, institutional quarantine, and COVID-19 tests will be borne by the SAQCO Company.

SAQCO had established a desk to finalize the list of passengers who will be traveling on the flight to Mangaluru on Wednesday. The company added priority was given to pregnant women, the senior citizens who had come to the kingdom on visit visas, people with medical emergencies, people who had lost jobs, and those who had reported deaths in their families.

Comments

Dayani Sathe
 - 
Friday, 12 Jun 2020

Great job done by SAQCO ....

Sahul Hameed /…
 - 
Thursday, 11 Jun 2020

Masha Allah, Great Job,May Allah Bless the SAQCO company owner Altaf Ullal & Basheer Sagar,. This is the lesson those who business man are in GCC countries to come forward, All business man should come front to join these humanization work.

Ahmed
 - 
Thursday, 11 Jun 2020

Ma Sha Allah Mabrook

 

Mr.Althaf Ullal,Mr.Basheer Sagar and all team members of SAQCO

 

 

May Almighty Allah accept all our good deeds.

 

Ahmed
 - 
Thursday, 11 Jun 2020

Ma Sha Allah 

Mabrook

Mr.Althaf Ullal, Mr.Basheer Sagar and team members of SAQCO 

 

May Almighty Allah accepat all our good deeds

Shailesh Bhagavandas
 - 
Thursday, 11 Jun 2020

Great job done by SAQCO, realy appreciate your concern towards society. Thank you for this great work.  

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News Network
February 5,2020

Tightening control over companies misleading advertisements of medicines and products, the Indian government could soon slap a fine of up to Rs10 lakh and up to two years' imprisonment. While repeat offender could be fined up to Rs50 and imprisonment up to five years.

The Ministry of Health and Family Welfare's new draft of the Drugs and Magic Remedies (Objectionable Advertisements) (Amendment) Bill, 2020, provides extremely stringent penalties compared to the current law.

Under the new Act, companies advertising medicines and products falsely claiming to make a person fairer, improve height and memory or cure issues like hair loss or greying and premature ageing, among several others, may attract more stringent fines and jail time.

The current Act, 1954, leaves scope for companies to create deceptive advertisements as first time offender can be jailed for six months while repeat offender can be up to one year in prison, reported The Indian Express.

Under the Bill, deceptive advertisements will cover digital advertising, notice, circular, label, wrapper, invoice, banner and poster, among others. The government also plans to expand the scope of the law under the proposed amendments to cover 24 more deceptive claims not included in the current law, like medicines that can cure AIDS, change the sex of a foetus, among others, reported Livemint.

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News Network
June 22,2020

Bengaluru, June 22: Even as the covid-19 positive cases are steadily increasing in Karnataka, an expert has claimed that community transmission has begun in Bengaluru and cases could keep rising over the next two months.

“If you look at the natural course of this virus across countries around the world, it is about six months. Now we’re in the fourth month. This will go on for another two months. It also sounds like this is the beginning of the peak. There is also a possibility of the number of cases going up from now on. Even across India, cases are increasing,” says Dr CN Manjunath, director of Sri Jayadeva Institute of Cardiovascular Sciences and Research and State Task Force member.

Besides the increase in number of cases, the virus is advancing silently, stealthily. A lot of people who are testing positive are asymptomatic. In areas like Padarayanapura, Nanjangud and many places in north Karnataka, there have been positive cases who have not had any contact with infected individuals. Some cases recorded in Bengaluru over the last two to three days have not had any contact with Covid-positive people.

Dr Manjunath adds: “We are in community transmission. This will happen because nature is ahead of everything. We have to take all possible precautionary measures at our command. This has to happen. Only then some kind of herd immunity will be developed.”

“We are expanding the guidelines of testing to include a large number of people to be tested. Now, according to the Indian Council for Medical Research (ICMR) guidelines, only symptomatic Influenza like Illness (ILI) or Severe Acute Respiratory Infection (SARI), or a person coming in contact with an infected person are being tested.

But since we have crossed 100 days in Karnataka from the first reported case and we’re getting cases with no travel history or contact with a Covid-positive person, we have to start random testing across the sub-group population. Only then will we understand the burden of the disease and what precautions need to be taken,” he says.

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