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Local residents bring Suratkal-Kana-MRPL road to a standstill

[email protected] (CD Network)
October 26, 2016

Mangaluru, Oct 26: An atmosphere of bandh prevailed in the Suratkal-Kana-MRPL road area on Wednesday with local residents closing their shops and business establishments to support the ongoing agitation demanding repair of the unmotorable stretch.

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The 4.5-km stretch wore a deserted look since 7 a.m. and the blockade continued till 5 p.m. Buses, auto-rickshaws remained off the road. Interestingly dozens of giant vehicles that ply to and from MRPL everyday also were missing on the stretch till evening.

Even though the area witnessed several protest in the past against the road, this is for the first time all the residents in the area joining the agitation, said a member of the Nagarika Horata Samiti, Kana, which had called for dawn to dusk road blockade today.

Addressing a protest meet at Kana junction Samiti convener B.K. Imtiyaz said that Dakshina Kananda MP Nalin Kumar Kateel, local MLA Mohiuddin Bava, MCC, MRPL and the other giant companies such as HPCL and BASF that operate thousands of heavy vehicles on the road, are collectively responsible for the present situation of the road.

He said that the MCC is trying to shrink away from its responsibility of repairing the road by merely blaming it on the MRPL.

This is the seventh protest staged by the Samiti urging the Mangalore Refinery and Petrochemicals Ltd and Mangaluru City Corporation to repair the road. Today's protest comes after the MCC and MRPL failed to reach an agreement over taking up the repair work.

“So far we have staged peaceful protest. But, now we are losing patience. The elected representatives should fulfil their duties,” said a protestor.

Also Read: MLA Mohiuddin Bava snubs road agitators, flies to Saudi Arabia

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Comments

shahid
 - 
Thursday, 27 Oct 2016

this MLA will be his last tenure in his life

Abdullah
 - 
Wednesday, 26 Oct 2016

Gr8..after long time it luks like all the religion ppl came together to protest against administration..its rare case in Mlore where normally ppl r interested only in communal related protests

Rakshith
 - 
Wednesday, 26 Oct 2016

shame on elected representatives..MP (BJP) MLA (CONG) corporators of this area related to both BJP and congress ..all CHORs...i think they just bothered abt their share of bribe from these giant industries..boycott all these in future election

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News Network
May 8,2020

Bengaluru, May 8: 45 more COVID-19 cases have been reported from Karnataka, taking the total number of coronavirus cases in the state to 750, the state Health Department said on Friday.

According to the Health Department, the total cases include 371 discharged cases and 30 deaths.

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News Network
June 21,2020

Kannur, Jun 21: Customs sleuths on Sunday seized 432 grams of gold worth around Rs 20 lakh from a passenger who arrived at Kannur International Airport from Dubai in Fly Dubai flight, scheduled under Vande Bharat Mission.

Customs Assistant Commissioner E Vikas-led team seized the smuggled gold from the passenger Usman of Malappuram district and detained him, sources said.

The seized gold was kept in his inner-wear.

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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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