Ponzy Scam: Janardhana Reddy arrested, remanded to Judicial Custody till Nov 24

Agencies
November 11, 2018

Bengaluru, Nov 11: Mining baron and former Karnataka Minister Galli Janardhana Reddy was remanded to Judicial custody till November 24 in connection with Rs 23 Crore 'Ponzy Scam'.

Ist ACMM Court Judge Jagadish remanded Reddy to judicial custody when he was produced by the CCB Investigating officers who questioned him since yesterday after he appeared before them for questioning.

Reddy was taken to Central Prison at Parappana Agrahara in the outskirts of the City.

The Enforcement Directorate which conducted raids on Ambidant Marketing Pvt ltd. in 2017 unearthed money laundering.

Before producing before the Judge, Reddy was subjected to medical test at government run Victoria Hospital.

Mining Baron Gali Janardhana Reddy arrested

Iron ore Mining baron and former Karnataka Minister Galli Janardhana Reddy was arrested on Sunday by CCB which is investing into Rs 23 crore Ponzy Scam unearthed by Enforcement Directorate after a raid on Ambidant Marketing pvt Ltd, Bellari in 2017.

Reddy was subjected to medical test by the authorities before he will be produced before a Magistrate seeking his custody for further questioning. 

Reddy, who was elusive for about four days, appeared before the CCB for questioning yesterday and he was grilled by the officials for more than since then in connection with he (Reddy) allegedly received 57 kg of gold worth about Rs 18 crore and Rs 2 crore in cash for rescuing Ambidant company from ED.

Reddy's application for anticipatory bail was posted for hearing to Monday by a Court after asking his Lawyers "if he was innocent why he is not appearing before the CCB. 

His close aid Ali Khan was also arrested by CCB along with him. Ali Khan was alleged to be king pin through whom the gold was purchased from Raj Mahal Jewellers.

Comments

Kannadiga
 - 
Sunday, 11 Nov 2018

BJP Karnataka state supremo party 's leading person second time went behind bar.Wait and see BJP party's reaction as well as Godhi medias TV debate. Hope this time they will not divert.

 

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News Network
January 27,2020

New Delhi, Jan 27: Non-Muslim refugees from Pakistan, Bangladesh and Afghanistan will have to provide proofs of their religious beliefs while applying for Indian citizenship under the controversial Citizenship Amendment Bill (CAA), officials said on Monday.

The applicants belonging to Hindu, Sikh, Christian, Buddhist, Jain or Parsi faiths will also have to furnish documents to prove that they entered India on or before December 31, 2014.

Those who will seek Indian citizenship under the CAA will have to provide proofs of their religious beliefs and this will be mentioned in the rules to be issued under the CAA, a government official said.

According to the CAA, members of Hindu, Sikh, Buddhist, Jain, Parsi and Christian communities who have come from Pakistan, Bangladesh and Afghanistan till December 31, 2014, due to religious persecution there will not be treated as illegal immigrants and will be given Indian citizenship.

The central government is also likely to give a relatively smaller window of just three months to those who want to apply for Indian citizenship in Assam under the CAA, another official said.

Some Assam-specific provisions are expected to be incorporated in the rules to be issued for the implementation of the CAA.

Assam chief minister Sarbananda Sonowal and his finance minister Himanta Biswa Sarma had made a request about a fortnight ago to keep a limited period window for applying under the CAA and also incorporate some other Assam-specific provisions in the CAA rules.

The move comes in view of continuing protests against the CAA in Assam that have been going on since the legislation was passed by Parliament in December last year.

There has been a growing feeling among the indigenous people of Assam that the newly enacted legislation will hurt their interests politically, culturally as well as socially.

The Assam Accord provides for detection and deportation of all illegal immigrants who have entered the country after 1971 and are living in the state, irrespective of their religion.

The protesters in Assam say that the CAA violates the provisions of the Assam Accord.

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coastaldigest.com news network
July 7,2020

Bengaluru, Jul 7: Vasudeva Maiya, former CEO of Sri Guru Raghavendra Co-operative Bank, was found dead in his car in Bengaluru on July 6.

The Subramanyapura police have begun an investigation into Vasudeva Maiya's death.  Source said that he committed suicide. He was a native of Kota in Udupi district.

The car was found parked a little away from Maiya's house at around 6.30 pm on July 6.

The Reserve Bank of India (RBI) had in January imposed restrictions on Sri Guru Raghavendra Co-operative Bank and limited withdrawals to Rs 35,000 by customers.

On June 18, Anti-Corruption Bureau (ACB) raided five offices of Sri Guru Raghavendra Co-operative Bank, in relation to alleged misappropriation of Rs 1,400 crore.

The RBI, Enforcement Directorate, Criminal Investigation Department, and Registrar of Cooperative Societies are looking into the financial irregularities at the lender.

The police also conducted searches at residences of Maiya and the bank's chairman K Ramakrishna in relation to the above mentioned case, sources said.

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News Network
May 17,2020

Udupi, May 17: A total of 1,460 migrant labourers left for Uttar Pradesh from Indrali Railway Station in Udupi in Shramik Special train on Sunday.

This is the first train to ferry migrant labourers from Udupi. As many as 236 from Karkala, 323 from Kundapura, 901 labourers from Brahmavar, Kaup and Udupi left for their native villages.

More than 2,000 labourers had gathered at the railway station and only 1,460 labourers received tickets to travel.

Those who did not receive tickets were disappointed and got into heated arguments with the officials.

The labourers were promised that they will receive tickets to another train, that would depart from Udupi before May 20. One bogie of the train was reserved for pregnant women, women and children.

As many as 1,712 from Jharkhand, 770 from Odisha, 977 from West Bengal, 1,600 from Bihar, 379 from Madhya Pradesh, 280 from Chattisgarh, 110 from Uttarkhand, 379 from Rajasthan had registered on Seva Sindhu portal.

Additional Deputy Commissioner B Sadashiva Prabhu said that there are plans to make arrangements to send migrant labourers from UP, Uttaranchal, Madhya Pradesh and Jharkhand.

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