No relief for Katta in KIADB scam, wife's plea dismissed

January 29, 2016

Bengaluru, Jan 29: The High Court on Thursday dismissed a petition filed by former minister Katta Subramanya Naidu’s wife K Sowbhagya questioning the constitutional validity of some sections of the Prevention of Money Laundering Act, 2002, and subsequent amendments made to the law in 2005, 2009 and 2012.

kattasJustice Anand Byrareddy also dismissed her petition for quashing of an order issued by the Enforcement Directorate on September 25, 2012, pertaining to seizure of 141 documents related to the assets of Naidu’s family, Itasca Software Development Pvt Ltd and 23 others in connection with the multi-crore compensation scam in the Karnataka Industrial Areas Development Board (KIADB) land acquisition.

Sowbhagya had challenged several sections of the Act, contending that an accused can be tried under this law if they had harmed national security or were involved in terrorist activity.

As the petitioner and the family were not involved in any such activities, they must not be tried under the said Act and the High Court must quash the action taken by the directorate in seizing their property documents and transactions, she argued.

The bench in its order stated that the power of search, seize and arrest were important aspects of investigation and the matter related to economic offences was not unusual.

Similar procedures are followed with regard to the Customs Act, 1962, the Prevention of Food Adulteration Act, 1954, and the Railway Property (Unlawful Possession) Act, 1966.

As a Lokayukta enquiry is pending against the Naidu family, Katta’s wife also sought the court’s direction for a joint hearing.

Request rejected

But the bench rejected her prayer, saying the Lokayukta conducted the enquiry under a different law whereas the directorate was trying them under the Money Laundering Act, hence the two matters could not be heard together.

The bench dismissed the petitioner stating that it was not maintainable and the said sections of the Act were constitutionally valid.

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 1,2020

Mangaluru, Jun 1: A youth was hacked to death and two others suffered critical injuries following a fight between two gangs at Yekkaru Devaragudde near Kateel under the limits of Bajpe police station last night.

The deceased has been identified as Keertan (20), a resident of Marakada. The injured are Nitin (20) and Manesh (20). It is learnt that old animosity led to the attack and murder.

According to sources, members of both gangs were friends in the past. They had become enemies of each other following a fight regarding sand mining.

Sources said that Keertan, Nitin, and Manesh had reportedly invited their rival gang to Devaragudde for some discussion. A verbal friction arose between the two gangs and it culminated in the attack by the rival gang members with daggers. Keertan reportedly died on the sport. The other two were taken to hospital.

The accused fled the scene soon after committing the crime. A case has been registered at Bajpe police station. A manhunt has been launched to nab the accused.

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
April 1,2020

Mangaluru, Apr 1: Dakshina Kannada District in-charge minister Kota Srinivas Poojary on Tuesday announced that essential shops including grocery stores, fruits and vegetable shops will be allowed to open from Wednesday between 0700 hrs to 1200 hrs across the district.

Speaking at a press conference, he said that Milk, Medical, Gas distribution, Petrol Bunks, Banks will be opened as usual, he informed adding that Central Market and the Suratkal Market will remain closed.

With the Dakshin Kannada district administration relaxing the lockdown from 0600 hrs to 1500 hrs to purchase essential commodities, panic-stricken citizens rushed to the shops early in the morning itself.

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
January 24,2020

Bengaluru, Jan 24: On the last day of his four-day trip to Davos, Switzerland, to attend the World Economic Forum, chief minister BS Yediyurappa urged the global business community to invest in cities other than Bengaluru in the state.

On Thursday, while extending an invitation to entrepreneurs to participate in the Global Investors Meet in November in Bengaluru, Yediyurappa highlighted the “conducive investment climate” in the state vis-a-vis others by pointing to its 7% growth rate which is much higher than the national average of below 5%.

He also pointed to the state’s rich history and the fact that it is home to a number of desi MNCs such as Infosys, Biocon Wipro and Dynamatics. “At the same time, the state has one of the lowest unemployment rates compared to the national average,” Yediyurappa said.

In his address to heads of businesses, industries minister Jagadish Shettar also urged investors to consider Tier 2 and 3 cities for investment. “Land banks have been created in Tier 2 and 3 cities and regional connectivity has improved. Let us strive to place Karnataka on a highgrowth path,” Shettar said.

Lending a “helping hand”, Union minister Piyush Goyal, in his address, appealed to the community to invest in Karnataka, which “has a robust and congenial industrial atmosphere”, but also urged them to spread “tentacles” to all parts of the country.

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.