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
March 5,2020

Mar 5: The government on Thursday asserted that there is no shortage of raw ingredients or medicines in the country as it has taken various initiatives to tackle the challenge posed by the coronavirus outbreak.

All initiatives are also being taken to ensure that there is no impact of the disease in India, Minister of Chemicals and Fertilizers D V Sadananda Gowda said.

"There is no shortage of any APIs in the country. We have sufficient APIs (active pharmaceutical ingredients) and medicines in the country," he said.

Gowda was addressing the 5th international exhibition and conference on the pharmaceutical and medical industry organised by the Department of Pharmaceuticals, Gujarat government and industry chamber Ficci here.

For another three months there is no shortage for undertaking production in the pharma sector, he added.

"Our government has taken all initiatives to ensure that as far as our country is concerned the coronavirus should be stopped, and there is no hazard as far as this issue is concerned," Gowda reiterated.

Coronavirus is a challenge and "we should make all efforts that need to be taken..., " he added.

On Tuesday, India, the world's largest maker of generic drugs, restricted the export of common medicines such as paracetamol and 25 other pharmaceutical ingredients and drugs made from them, as it looks to prevent shortages amid concerns of the coronavirus outbreak turning into a pandemic.

Besides over-the-counter painkiller and fever reducer paracetamol, drugs restricted for exports included common antibiotics metronidazole, and those used to treat bacterial and other infections as well as Vitamin B1 and B12 ingredients.

A notification by the Directorate General of Foreign Trade (DGFT) had said the export of 26 active pharmaceutical ingredients (APIs) and formulations would require licence.

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coastaldigest.com news network
May 13,2020

Mangaluru, May 13: Union Minister and former Karnataka chief minister D V Sadananda Gowda today assured that he will exert pressure on the authorities concerned to operate more repatriate flights to bring back Kannadigas from Saudi Arabia to Karnataka. 

Speaking in a video conference organised by coastaldigest.com with Kannadiga delegates in Saudi Arabia, Mr Gowda said: “Today itself I will contact the external affairs ministry and Director General of Civil Aviation (DGCA) to convince them the need to add operate flights to bring back stranded Kannaidgas from the Kingdom.

After paying heed to the advices, requests and concerns of Kannadiga delegates that participated in the video conference, Mr Gowda said: “Two things need to be done. First thing is number of flights from Saudi Arabia to Karnataka should be increased. Second thing is to ensure that most of these flights land in the Mangaluru Airport as most of the Kannadiga expats in Saudi Arabia are from the coastal region.

“There should be at least two to three flights from Saudi Arabia to Karnataka (Bengaluru Airport or Mangaluru Airport) every week. That is my intention,” he added.

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News Network
February 5,2020

Kasaragod, Feb 5: The customs officials has confiscated 15.5 kilograms gold from a car at Bekal near here on Wednesday.

Sources said, acting on a tip-off, the customs sleuths intercepted a car at Bekal, and seized the yellow metal which is being smuggled by the occupants into Kerala.

The police also managed to arrest the two youth identified as Khetan (29) and Akash (23), both natives of Maharashtra. They had hidden the gold in the cushion. 

The accused confessed that the gold was being transported from Thalassery to Maharashtra illegally. The custom officials are investigating to find others involved in the case.

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