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Complainant's spendthrift son, live-in partner arrested for house robbery

[email protected] (CD Network)
May 2, 2012

Karwar, May 2: The police on Tuesday arrested two persons within 24 hours of a complaint lodged about theft at the Khursawada house.

The arrested are Rubin Dias and his live in parter Latha Raju Ravath. Interestingly, Rubin Dias is the son of the complainant and house owner Mary Dias.

K. T. Balakrishna, Karwar Superintendent of police said the house was burgled in between April 26 to 28, when the members of the Dias family had gone to Goa. The theft was noticed only on Sunday when they returned from Goa. Jewellery worth 29 lakhs was stolen.

Police swung into action and the fingerprint experts and dog squad were pressed into service, SP said.

He said that Ullas Revankar, Deputy Superintendent of police and N. R. Mukri, Circle inspector formed the teams and questioned the Rubin Dias, son of the complainant. Police found that Rubin with his lover Latha Raju Ravath, a resident of KPC colony Kadra, Karwar, had conspired the house breaking. Latha had relationship with Rubin, SP said.

Police arrested Latha and Rubin. Balakrishna said that Rubin was a spendthrift and though they were rich, his mother was not giving him the money. He was supplying lorries to the transporters of iron ore in Goa.

Latha, whose husband (Raju) is in Dharwad jail for a theft case since two years came in contact with Rubin. Raju deputed his crony, a history sheeter, Prakash Patil of Goa to help Latha in theft. When the family of Mary Dias including Rubin had gone to Goa the house was burgled. Rubin, Prakash and Latha were in constant touch on mobile during the burglary and even after the crime. Police recovered the major part of the gold. But Prakash has escaped, SP said.

Later speaking to the media, Rubin who was nervous said that he was innocent. But Latha said that he had live-in relationship with Rubin and they were responsible for the crime. She said that Prakash would soon surrender to the police.

Balakrishna said that IGP, western range has declared a cash award to the police for arresting the culprits. He said Prakash would be arrested soon.

robbry


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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
May 9,2020

Mangaluru, May 9: Dakshina Kannada District Collector Sindhu B Roopesh on Friday held a meeting to discuss the precautionary measures to be taken to prevent the spread of COVID-19 and the current situation in the district.

The meeting was attended by Member of Parliament and Karnakata BJP unit chief Nalin Kumar Kateel, Minister-in-charge of Dakshina Kannada Kota Srinivasa Poojary, MLA Vedavas Kamath and District Medical Officer Dr Ramachandra Bauri among others were present there.

Top officials of the police department, labour department officials and other concerned persons were also present in the meeting.

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News Network
June 4,2020

Bengaluru, Jun 4: The Special Investment Promotion Task Force, constituted by the Karnataka government, held its first meeting in Vidhana Soudha, Bengaluru on Wednesday, June 3.

The first meeting of the task force was held under the chairmanship of Chief Secretary, Karnataka government.

The body is seeking to find ways to attract the disenchanted multi-national corporations (MNCs) which are looking to shift their manufacturing base away from China in the back-drop of the COVID-19 outbreak.

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