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Mangaluru: I-T officials visit SCDCC bank over money laundering allegation

[email protected] (CD Network)
December 27, 2016

Mangaluru, Dec 27: Officials from the Enforcement Directorate and Investigation wing of the I-T Department began an investigation into the alleged money laundering by the South Canara District Central Cooperative Bank at its head office in Mangaluru on Tuesday.

scdccThe development comes following allegations that the bank received huge deposits after high value currencies were demonetized on November 8.

The officials, who visited the office in the noon, stayed there till evening checking records and documents about the alleged suspicious deposits.

The officials asked the bank to stop transactions for over two hours to examine the computer system. The head office of SCDCC Bank was out of bounds for the public for more than four hours.

SCDCC Bank Chairman MN Rajendra Kumar said the I-T officials visited the bank to enquire about the alleged huge deposits made after the announcement of demonetization.

Kumar said Rs 386 crore was received by the bank as deposits between November 11 and 16 and it was collected from 1,166 cooperative societies in DK and Udupi districts.

The bank has not involved in any kind of illegal operation particularly in converting black money into white, he added.

As soon as the IT officials entered the bank premises the main gate and doors were shut preventing entry of public.

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Hassanmukka
 - 
Wednesday, 28 Dec 2016

Visited the bank!Not raided!

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coastaldigest.com news network
May 25,2020

Bengaluru, May 25: Heavy rain accompanied by strong winds that lashed Bengaluru last evening left hundreds of trees uprooted near the BTM layout and other areas.

The India Meteorological Department (IMD) has predicted a thunderstorm accompanied with lightning in Karnataka for the next five days.

"Thunderstorm accompanied with lightning at will prevail at isolated places over Gangetic West Bengal, Odisha, Coastal Andhra Pradesh and Yanam, South Interior Karnataka, Kerala and Mahe and Tamilnadu, Puducherry and Karaikal," the IMD said its All Indian Weather Forecast Bulletin.

According to the forecasting agency, due to strong southerly wind from the Bay of Bengal to northeast India at lower tropospheric levels, heavy to very heavy rainfall with extremely heavy falls likely at isolated places over parts of northeastern states.

In addition to that heavy to very heavy rainfall at isolated places over adjoining parts of east India during 24th-28th. "Heavy rainfall at isolated places over parts south peninsular India from May 26th-28th, 2020," the IMD said its All Indian Weather Forecast Bulletin.

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News Network
February 9,2020

Tumkur, Feb 9: A special puja was performed at the Durga Parameshwari temple and the Shaneshwara temple in Karnataka's Rangana Halli village to save people from coronavirus.

Yashwanth Shastri, a priest, said: "We performed this special puja on Friday to save the world from virus and diseases like corona and H1N1."

"Our ancestors used to perform a special puja for the betterment of society and save the world from viruses when they attacked," he said.

Coronavirus originated in China's Wuhan city in December last year and has since spread to various cities around the world.

The World Health Organisation (WHO) has declared the coronavirus outbreak as a global health crisis.

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News Network
February 13,2020

Bengaluru, Feb 13: 'Karnataka Bandh' call given by various Kannada organisation demanding implementation of Sarojini Mahashi report for ensuring job reservation to local people (Kannadigas) in the Private and government organisation, including industries, evoked mixed response in the State on Thursday.

The Bandh call was given by the “Karnataka Sanghatanegala Okkoota”, comprising a few factions of “Karnataka Rakshana Vedike” (KRV) and was backed by Ola-Uber Cab Drivers’ Association, a few auto unions, farmers’ associations, street vendors association, trade unions and transporters’ associations.

Meanwhile, Airport Taxi Services also supported the Bandh which forced flight passengers to find it difficult in finding the transport for reaching their destination in time. Fortunately, BMTC bus services at Kempegowda International Airport (KIA) was available at the Airport.

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