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
February 12,2020

Mumbai, Feb 12: The Income Tax department's Criminal Investigation wing has identified 2,000 Indian citizens who hold properties in Dubai but had failed to declare it in their IT returns.

In its ongoing crackdown on black money, the agency has identified Indian citizens who purchased properties in Dubai but failed to declare and explain the source of funds used to purchase these properties.

In the past few years, people have used shell companies to route illegal money and buy overseas properties to evade income tax.

However, the tax department has now increased its efforts to track down those involved in major tax evasion cases.

The 2,000 persons and companies identified mainly include businessmen, top professionals, and government officials.

The IT department will initiate action against the accused under the Black Money Act.

Citizens who own properties outside the country but fail to declare the source of funds or income used for the purchase could be prosecuted under the Black Money Act.

Under Section FA (Foreign Assets) of the Income Tax Act, an individual has to declare purchase and ownership of properties, assets, companies owned outside the country while filing the income tax returns annually.

In the recent drive against black money, the IT department identified 2,000 Indian nationals who failed to provide information on the same while filing IT returns.

Of the 2,000 citizens owning properties in Dubai, around 600 could not furnish details regarding purchase details.

Those who haven't been able to explain the source of funds used for the purchase of properties could be prosecuted and their properties can be attached by the agency.

Other than the attachment of the property, they can face a monetary penalty up to 300 per cent of the property value and also face imprisonment under the Black Money Act.

The properties owned by Indians in Dubai raised red flags as this pattern of parking money is used by money launderers, smugglers, underworld gangsters and drug traffickers for making payments.

It is worth mentioning that of the 2,000 citizens identified, most are residing in Mumbai, followed by Kerala and Gujarat.

The clause under section FA (foreign Assets) came into effect in the year 2011-12 and it is mandatory for people owning properties outside India to declare it in their IT returns.

Those identified by IT department could also face action under FEMA (Foreign Exchange Management Act) by the Enforcement Directorate under Section 4.

Recently the Enforcement Directorate (ED) launched a crackdown on black money parked overseas by tracking and identifying immovable assets bought overseas by Indian nationals illegally.

The move is being carried out under rules laid down under Section 4 of FEMA (Foregn Exchange Manipulation Act), 1999. Section 4 of FEMA states that no person resident in India shall acquire, hold, own, possess or transfer any foreign exchange, foreign security or any immovable property situated outside India.

On January 17, the Enforcement Directorate (ED) conducted searches at the residence of a former chief engineer of Brihanmumbai Municipal Corporation (BMC) in connection with an inquiry related to FEMA.

In the raids, the ED officials recovered documents related to the purchase of a property in Dubai in an allegedly illegal manner.

The ex-BMC chief engineer was posted with some of the most crucial wings of the municipal corporation -- the building proposal department and development plan department.

The agency did not disclose the name of the ex-BMC chief engineer but it has been learnt that he had superannuated around seven years ago from the municipal corporation.

ED, in a statement, said incriminating documents with regard to illegal acquisition of a property held in Dubai was recovered during the search operation.

The former BMC chief engineer has stated that he had purchased the property in Dubai at 'Park Island, Bonaire Marsa, Dubai' for Rs 70 lakh in 2012. The property is held jointly in his name, his spouse and son.

The retired BMC officials could not furnish any documents which would help ascertain the value of the property and also could not provide details on how the payments were made to buy the property in Dubai.

The citizens identified by the IT department recently also adopted a similar route to buy property in Delhi. It remains to be seen how the income tax department plans to penalise them.

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News Network
April 17,2020

Bengaluru, Apr 17: The Ministry of Information and Broadcasting on Thursday served a show cause notice to a Kannada news channel for broadcasting a programme in which it purportedly said that the Centre would 'air drop money' to the poor, owing to the COVID-19 lockdown.

The notice said that the channel was "spreading false information, creating panic and social unrest.

" The channel had allegedly aired a show titled, "Helicopter Money" on Wednesday which claimed that the Centre would drop money from helicopters during the lockdown period.

A Twitter user took a serious note of it and complained to the Union Minister for Information and Broadcasting Prakash Javadekar.

The fact check team of the Press Information Bureau, under the Ministry of Information and Broadcasting, refuted the claim.

In its notice to the channel, PIB said, "You are hereby directed to show cause why your channel should not be taken out of air immediately. You are instructed to send your reply in this regard within 10 days of receipt of this notice."

Reacting to the notice, the management of the news channels said, "A programme which has been seen in bits and pieces and those who have not even seen the programme appears to have complained. Notice will be replied accordingly."

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News Network
April 4,2020

Bengaluru, Apr 4: Sixteen coronavirus cases have

been confirmed in Karnataka, taking the total number of the affected in the state to 144, the Health department said here on Saturday.

A 75-year old man, who is a resident of Bagalkote, who was confirmed positive on Friday and was being treated at a designated hospital in the district, expired last night.

"Till this evening, 144 COVID-19 positive cases have been confirmed in the state, which includes four deaths and 11 discharges," the health department said in a bulletin.

Out of the 129 active cases, 126 patients (including 1 pregnant woman) are in isolation at designated hospitals and are stable and three in Intensive Care Units (one on oxygen and two on Ventilators), it said.

Among the total of 144 cases detected and confirmed so far, eight are transit passengers of Kerala who landed in airports in Karnataka and are being treated in the state, it said.

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