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Fake currency, printing machine seized from BJP Yuva Morcha leader's house

News Network
June 23, 2017

Thrissur, Jun 23: The Kerala police have seized fake currency and printing machines from the house of a Yuva Morcha leader Sree Narayanapuram near Kodungallur. The police have arrested Erassery Rakesh, 31.YML

The BJP said that Rakesh was a regional committee member of the Yuva Morcha. The district president of the party says that Rakesh and his brother have both been expelled.

Police said they have seized fake currencies worth over Rs 1.31 lakh. The notes were of denominations of Rs 2,000 (65 notes) , Rs 500 (eight), Rs 50 (five) and Rs 20 (10), Chalakkudy DSP Shahul Hameed said.

The state Intelligence Bureau kept a watch on both of them after it realised that the brothers had become rich overnight. Investigations also found that the brothers had indulged in illegal money lending operations. The brothers scanned valid currencies using computers and later took print-outs in bond papers, the police said. Investigations found that the fake currencies looked genuine and it was difficult to identify them if transactions were done in a bunch. The fake notes were used for transactions at petrol pumps and at bars as well as for buying lotteries.

Comments

Ahmed K.C.
 - 
Friday, 23 Jun 2017

"Make in India" program.

noor
 - 
Friday, 23 Jun 2017

Now all people know fake currency is from ,,,,,,,,,,
Police soon will catch several others

Stranger
 - 
Friday, 23 Jun 2017

Modi's "Make or Made in India" - It may be thousands in the places of Goondaism Govt. states like Maharastra, UP... etc...

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News Network
May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949. 

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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News Network
April 10,2020

Kasaragod, Apr 10: Eleven people died so far in Kerala's northern district Kasargod as they could not access medical facilities in Mangaloru since the border roads were blocked by the Karnataka Government, Kerala Chief Minister Pinarayi Vijayan said.

Addressing a press conference at the Government Secretariat here, the Chief Minister said, "It is really unfortunate that people from Kasargod district in Kerala are still being denied treatment in hospitals at Mangalore in Karnataka State."

"We will improve the medical facilities in Kasargod and if necessary, patients will be airlifted to the neighbouring districts in Kerala to provide emergency medical assistance," he added.

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News Network
March 25,2020

Udupi, Mar 25: A 34-year-old man who returned from Dubai tested positive for novel coronavirus in Udupi district. This is the first case in the district. 

He returned from Dubai on March 18 and got admitted to a government hospital in Udupi on March 23 for fever. The swab samples were sent to Shivamogga laboratory for testing.

The report which arrived on Wednesday confirmed that he was positive for COVID-19, said DHO Dr Sudhir Chandra Sooda.

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