Cong struggles to finalise candidate for Shivajinagar; BJP mulls fielding Roshan Baig’s kin

Agencies
October 1, 2019

Bengaluru, Oct 1: With the announcement of dates for by-polls to 15 Karnataka Assembly seats, Congress and the BJP seem to be struggling to find a suitable candidate for the Shivajinagar Vidhan Sabha seat.

Bypolls to the Muslim dominated constituency, which has close to 1.9 lakh voters was necessitated after the resignation of former Congress leader R Roshan Baig. People in the constituency were affected in the IMA multi-crore Ponzi scam.

The party is struggling with internal rivalry as party leaders Dinesh Gundu Rao and Siddaramaiah are in favour of fielding MLC Rizwan Arshad, from the constituency. Arshad had fought and lost the Lok Sabha election on a Congress ticket from Bangalore Central.

However, others are against him as they believe his links with the IMA Ponzi scam makes him an unsuitable candidate.

Senior Congress leader BK Hariprasad said, "The candidate can be from any religion or community but the only demand we have that is his name should not be linked with the IMA Ponzi scam in any way."

Other leaders in the party are vouching for Saleem Ahmad, who although fairly new to the constituency has a clean image.

Meanwhile, BJP too is likely to field Roshan Baig's son Ruman Baig or his kin as the candidate, whose name has been linked with the IMA Ponzi scam.

A senior BJP leader, on conditions of anonymity, too voiced concerns over Baig or his family members being given a ticket and added, "We are trying to satisfy Roshan Baig's ego by giving the ticket to that tainted family. But this will definitely damage the party in Shivajinagar constituency."

A fruit merchant from Shivajinagar, Idis Chaudhary, highlighting the dilemma the voters will face during the by-elections said, "We are very much worried about candidates but we do not have any choice. We will have to choose one among them. The point is whom should we choose more, the more tainted one or less tainted one?"

The Congress too is being urged by its senior leaders to field a non-Muslim name from Shivajinagar, who is not connected in any manner to the multi-crore ponzi scam that had rocked the city in the past month.

The name of BR Naidu, a former corporator election candidate is being presented as an alternative to Roshan Baig in the political circles.

Naidu, had once been a follower of Baig but distanced himself from him once the news of his alleged involvement in the IMA Ponzi scam broke.

The CBI is investigating allegations of IMA cheating 40,000 investors by promising high returns using Islamic ways of investment.

IMA founder Mohammed Mansoor Khan had fled the country but was later arrested on his arrival from Dubai in July this year. The SIT had later handed over the investigation to the CBI.

The CBI has already filed a charge sheet against Mansoor and 19 others in the alleged multi-crore ponzi scam case. The charge sheet was filed against Mansoor, seven of the company's directors, five members, one auditor and five companies related to IMA group for cheating, criminal conspiracy and breach of trust under relevant sections of the IPC in a court here on September 7.

The scam came to light in June this year after the prime accused, Mansoor, fled the country, leaving behind an audio message, in which he threatened to commit suicide due to alleged 'harassment' by some politicians and goons.

Comments

SAM
 - 
Wednesday, 2 Oct 2019

Throw the Beigh family to dump yard for chearing Congress party and community and joining communal party. He doesn't deserve to be called a leader, such a cheater  to be thrown out even from the community.  I think public of the constituency teach him and his family a befitting lesson.

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News Network
July 16,2020

Belgaum: Canon, Epson and Nikon reside in a house named "Click" in Karnataka's Belgaum district.

The newly built house of photographer couple Ravi and Krupa Hongal, which resembles a giant DSLR camera, has not only enamoured locals but has become quite a sensation on social media.

The three-storied camera-shaped house located in Shastri Nagar is an expression of passion and love for the art of photography of the couple whose children- three boys- have all been named after the iconic camera brands.

Their names ''Canon'', ''Epson'' and ''Nikon'' feature prominently on the house whose exterior resembles a camera. Just like a camera, the building has a glass window shaped as a viewfinder and another as a lens. It sports a wide film strip, a flash and even a memory card.

The walls of the house walls and its interior have graphics related to photography.

"I have been photographing since 1986. Building this house is like a dream come true. We also named our 3 children-Canon, Nikon and Epson. These all are three camera names. I love the camera and hence named them on camera companies name. My family were opposed to it, but we remain adamant," photographer Ravi told media persons.

Karnataka: A photographer couple, Krupa Hongal&Ravi Hongal, has built a camera-shaped house in Belgaum. Krupa (pic3) says,"It's a dream come true. We also named our 3 children-Canon,Nikon&Epson." Ravi (pic4) says,"We borrowed money for it&also sold our previous house."(14.07.20) pic.twitter.com/8Mkh1JOUk1

— ANI (@ANI) July 14, 2020
The photographer says the couple had to borrow money from relatives and friend for constructing the house. "We also sold our previous house to build this house," he added.

Krupa said that it was their cherished dream to build a house like a camera.

"My husband is a photographer. It was our dream to build a house like a camera. We planned and built this house. We feel like we are living inside a different world, inside a camera. I am very proud of my husband," she said.

Canon, their elder child said, "My friends used to ask me whether it was my real name. Now, I tell them yes, photography is my father's passion and hence he named me Canon."

On social media, the picture of the unique shaped house has been shared widely.

"This is called love for the passion," said one user on Twitter.

Another user commented: "A camera-obsessed photographer from India builds a camera-shaped house! 49-year-old Ravi Hongal has spent over $95,000 building the 3-story house, which looks like a camera in the town of Belgaum in India."

The family seems to be indeed living a picture-perfect dream.

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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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News Network
January 6,2020

Bengaluru, Jan 6: There is a wide spread criticism by the Janata Dal(S) and Congress leaders over a proposal to rename Ramanagaram district as New (Nava) Bengaluru, Karnataka Chief Minister CM Yediyurappa said on Monday.

“An unnecessary discussion on renaming Ramanagaram is under way. There is no thought before the government over renaming," The CM accused the Congress and JD(S) leaders of indulging in baseless discussion to mislead the people and to remain relevant. "There is no such agenda before the government. It is a joke that JD(S) and Congress leaders are starting a fight over it.”

The Chief Minister’s clarification came after criticism by former Chief Minister HD Kumaraswamy, who carved out the Ramanagaram district when he was Chief Minister, and former Minister DK Shivakumar whose Kanakapura constituency is in Ramanagaram district, after Deputy Chief Minister CN Ashwath Narayan said Ramanagaram could be renamed as Nava Bengaluru to increase investments prospects.

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