Nephew, friend held for stealing Rs 28 lakh from 105-year-old

TNN
November 10, 2018

Bengaluru, Now 10: Residents of a Bagalkot village were surprised when two local youths turned spendthrifts overnight. Though jobless and lacking income, the duo binged on costly alcohol, hired cabs even for short distances and tipped lavishly, often up to Rs 100, at hotels and bars.

Mahalinga Yenkappa Malali, 20, and his friend Kallapa Lakkappa Meti, 28, were the most-discussed persons in Sanganatti village of Mudhol taluk. They were taking care of their relative Shivappa Allappa Ullageddi, 105, a landowner who lost his wife in February this year.

The centenarian, who’d no children, had leased out his 30-odd acres of land. Finding it difficult to manage things, Ullageddi sold the land for Rs 35 lakh in June this year and kept the money in his bedroom safe. Ullageddi had requested his younger sister Mahadevamma to send her son to look after him. Accordingly, she sent Malali and his friend, Meti, to Ullageddi’s house in July this year, police said.

The duo’s extravagance raised Ullageddi’s suspicion, who opened his safe and discovered that Rs 28 lakh cash was missing. “I had placed the cash bundles in four rows. The front row was intact. The last two were empty while the third row had only two bundles in it,” Ullageddi told police.

During interrogation, the duo confessed to stealing the Rs 28 lakh cash and returned it. “They had stolen it in October. We recovered Rs 26 lakh; the accused claimed they had spent the remaining Rs 2 lakh,” said police.

Both the accused were remanded in judicial custody and sent to Mudhol prison.

Comments

Joseph Stalin
 - 
Saturday, 10 Nov 2018

Nephew did crime, actually Nephew saved the money. After that ajja's life who will get that money. 

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coastaldigest.com news network
April 23,2020

Newsroom, Apr 23: During the ongoing lockdown in India so as to break the chain of Coronavirus infection, Islamic scholars across India are appealing Muslims to stay indoors and observe fasting with steadfastedness in the blessed month of Ramadan.

They have urged the people to offer taraveeh and other Namaz at homes, do iftar at home and enjoy with one's family only.

During Ramadan, social distancing would be of utmost importance in order to contain the disease, they urged. 

Shahi imams of Jama Masjid and Fatehpuri Masjid in the city have also appealed to Muslims to offer namaz during the holy month of Ramadan at home and follow lockdown guidelines to prevent the spread of coronavirus.

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News Network
March 30,2020

Bengaluru, Mar 30: Coffee Day Enterprises Ltd (CDEL) has received the first tranche of Rs 2,000 crore following disinvestment of Global Village Techparks to repay debts following the death of its founder V G Siddhartha.
In August last year, CDEL executed definitive agreements with entities belonging to Blackstone Group and Salarpuria Sattva Group for investment in GV Techparks, a wholly-owned subsidiary of group company Tanglin Development Ltd (TDL), at an enterprise value of Rs 2,700 crore.
The balance amount is expected to be received after the receipt of few statutory approvals, CDEL said in a statement.
"Out of the money received in first tranche, the company has paid off its debts in full including principal and interest amounting to Rs 1,644 crore to the lenders despite difficult economic conditions," it said.
Post this payment, the consolidated debt of the company and its subsidiaries stands at Rs 3,200 crore as on March 27. This includes debt of Rs 1,400 crore of its subsidiary Sical Logistics Ltd where disinvestment process is in progress.
"The company and subsidiaries have repaid around Rs 4,000 crore to the lenders since the beginning of this financial year," CDEL said.
"With the continuous support of stakeholders of the company, the current management is working to ensure better liquidity and operational efficiency. The company is confident of the future ahead despite various challenges," it added.
The company has been in rough waters after its founder V G Siddhartha took his own life as debt strains began to emerge in his company. Since his death in July last year, CDEL has been trying to divest its assets to pare debts.
On July 30, 2019, CDEL informed stock exchanges about Siddhartha's disappearance. In a letter that was purportedly written by him, the Cafe Coffee Day founder said: "I could not take any more pressure from one of the private equity partners forcing me to buy back shares."

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coastaldigest.com news network
May 21,2020

Mangaluru, May 21: The third repatriation flight from Dubai to Mangaluru will operate on Saturday, May 23, confirmed union minister D V Sadananda Gowda. This will operate via Bengaluru.

The first and second direct repatriation flights from Dubai had landed at Mangaluru International Airport on May 12 and May 18. There were more than 175 passengers on board each of these flights.

On May 23, Air India flight (IX 0384) will take off at Dubai at 4:30 p.m. and land at Bengaluru at 9:50 p.m. It will again take off at 10:50 p.m. and land at Mangaluru at 11:45 p.m.

However, ministry of civil aviation sources said that no final decision has been taken about carrying passengers by these flights to Mangaluru.

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