I-T raids continue at D K Shivakumar’s properties; over 40 locations searched

News Network
August 3, 2017

Bengaluru, Aug 3: Income Tax department officials continued for the second day on Thursday their raids on properties linked to Karnataka energy minister DK Shivakumar, who is in charge of hosting Congress MLAs from Gujarat shifted outside to avoid a break in their ranks.

Officials said in Karnataka alone 39 locations were being searched, in addition to some in Chennai and Delhi. Media reports identified the Delhi properties to be located in Safdarjung and RK Puram.

According to sources, cash was recovered since the searches began at 7am on Wednesday, but there was no indication of the value. The department has not officially confirmed if it retrieved cash.

The raids on Shivakumar escalated into a political confrontation between his Congress party and the Bharatiya Janata Party. The Congress raised the issue in parliament, forcing multiple adjournments in the upper house, and the BJP of carrying out “an unprecedented witch-hunt”.

The Congress legislators taken to Karnataka are crucial for the party’s prospects in a close Rajya Sabha election scheduled next week in which Ahmed Patel, the political secretary to party president Sonia Gandhi, is seeking re-election.

The party saw a string of defections from its Gujarat cadre, prompting it to accuse the BJP of using money and muscle power to gain an advantage in the RS polls.

The raids on Shivakumar triggered protests by Congress members. On Wednesday, youth Congress leaders protested near Shivakumar’s residence in Bengaluru and outside the I-T office in Mangaluru.

Senior Congress leaders in the state were quick to condemn the raids, especially the use of paramilitary forces at the residence of the minister.

“I-T raids targeting energy minister D K Shivakumar is completely politically motivated and central government’s role behind it is well known,” chief minister Siddaramaiah said in a statement. He said, “It is not right on the part of central government to use I-T department for its political conspiracies. We will not bow down to such intimidation.”

Comments

Sandesh
 - 
Thursday, 3 Aug 2017

why the IT team is not raiding Adani & patanjali group ?

Gopal
 - 
Thursday, 3 Aug 2017

BJP is turning India into a dictatorial regime. When BJP can't horse trade MLAs,
let's raid where they are staying.

Truth
 - 
Thursday, 3 Aug 2017

I am surprised that there is no mention in the article about the huge cash seized
in the raid.

Anmol
 - 
Thursday, 3 Aug 2017

BJP is using official machinery to serve their political end. People of this country
will teach them a lesson in 2019.

Mohan
 - 
Thursday, 3 Aug 2017

The intention of the BJP is to tarnish the image of the Congress leaders . People
are watching the game and it will be reflected in the election provided the voting
machines are not tampered

Naveen
 - 
Thursday, 3 Aug 2017

This is how Modi the tyrant ran Gujarat with the Govt machinery as his
henchmen. Now he has the intelligence,ED,CBI,NIA,IT to harass those who
oppose him.It is a shame that India has been reduced to a banana republic.

Ganesh
 - 
Thursday, 3 Aug 2017

OK. Can staunch supporters of D K Shivakumar explain how IT found 10 crore
at his residence?

Kumar
 - 
Thursday, 3 Aug 2017

The more the raid on politicians and corrupt the better the common man feels

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
February 12,2020

Bengaluru, Feb 12: Mohammed Nalapad, son of Karnataka Congress MLA NA Harris, who allegedly rammed his sports car into vehicles and a kiosk, injuring 4, on Bellary road in Bengaluru on February 9, said that he was not in the car which met with the accident.

Bengaluru Joint Commissioner of Police, Traffic, Ravikante Gowda told media, "Mohammed Nalapad appeared before the investigating officer today. He was arrested following interrogation. We are collecting evidence and will file a charge sheet shortly."

Nalapad is out on bail, in connection with the matter where he had assaulted a man in a pub in Bengaluru in 2018.

"I was not in the car which met with accident. I was travelling in a Lamborghini car which was moving ahead of the car. However, I called people to rescue the victims. We took them to the hospital and paid their hospital bill," said Mohammed Nalapad.

Further, details are awaited

Also Read: MLA N A Harris’ son Nalapad, out on bail, now crashes his luxury Bentley car, injures 4

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 18,2020

Bengaluru, Jun 18: The Karnataka police has arrested a German national wanted for kidnapping and causing bodily harm to a person in his home country, an official said on Wednesday. The person was also found to be overstaying on an expired visa, which police said that it appeared that the visa had been tampered with to look more current.

"On receipt of credible information by the CID Interpol Division officers, the Red Corner Notice subject, the German national Alexander Bruno Wehnelt, was traced at Hulimangala village," a police official told media persons.

Hulimangala is on the outskirts of Bengaluru city.

Alexander, 55, escaped from Germany and took shelter in Bengaluru.

The Interpol Division of CBI NCB (Central Bureau of Intelligence, Narcotics Control Bureau) in New Delhi had communicated to the Interpol liaison officer in Karnataka's Criminal Investigation Department (CID) about Alexander, directing extensive search measures to trace the criminal at large.

The Narcotics Control Bureau of Wiesbaden in Germany was on the hunt for Wehnelt for the crimes he committed in 2015, and have finally found him five years later.

"A special team of officers was constituted by the CID - Interpol division under the supervision of ADGP (Additional Director General of Police) B. Dayananda and the Interpol liaison officer and efforts were made to trace the subject," said the official.

On Monday, the police received credible information leading to his arrest.

"It was learnt that his visa had expired in 2016 and he tried to show a visa which was issued in December 2019 which had expired on Saturday, June 13," said the official.

Prima facie, it appeared that Alexander had tampered with his visa and the police are probing on that front as well.

He was handed over to Hebbagodi Police Station in Bengaluru Urban, for his overstay and a criminal case has been registered against him, under the Foreigners Act.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
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.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.