Siddaramaiah, DKS involved in Rs 417-cr scam: Yeddyurappa

DHNS
October 21, 2017

Bengaluru, Oct 21: BJP state president B S Yeddyurappa on Saturday released documents, alleging a Rs 417-crore scam in the Karnataka Power Corporation Limited (KPCL), where Chief Minister Siddaramaiah serves as the chairman and Energy Minister D K Shivakumar as the vice-chairman.

“This is the biggest loot of public money I have ever seen in my political life,” Yeddyurappa told a press conference here.

In September 2002, KPCL formed a joint venture company with Kolkata-based Eastern Minerals and Trading Agency (EMTA) and was allotted six coal mines at Kiloni, Manoradeep and Baranj in Maharashtra. In August 2014, the Supreme Court cancelled several coal allocations, including the ones made to the KPCL-EMTA joint venture. The apex court levied a fine of Rs 295 per metric tonne of coal that was mined. Accordingly, the additional levy payable was Rs 417 crore.

“The private company was liable to pay Rs 417 crore, but KPCL ended up paying it, although it did not have to,” Yeddyurappa said. “Clearly, there were kickbacks involved. I ask Siddaramaiah, why did you act as an agent of the private company? Will you now resign?”

Karnataka Pradesh Congress Committee working president Dinesh Gundu Rao has rubbished the allegations.

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Wellwisher
 - 
Saturday, 21 Oct 2017

Scam specialist or jhondis  

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News Network
January 30,2020

New Delhi, Jan 30: A terrorist opened fire at people peacefully protesting against the contentious citizenship amendment act (CAA) near the Jamia Millia Islamia University in Delhi this afternoon, causing chaos and panic in the area.

One person has been injured. In a video, the terrorist, wearing a black jacket and a pair of white trousers, can be seen walking on a road, waving a gun as he shouts "who wants Azadi, come I'll shoot you. Then he says, "Yeh lo aazadi (here's your freedom)" and opens fire injuring a student in front of police.

A video of the attack that is being shared widely on social media also showed the assailant also shouting the 'Jai Shri Ram' slogan and warning protesters to chant 'Vande Mataram' if they want to stay in India. The injured student, Shadab, was hit by the bullet in his arm and has been admitted to the Holy Family hospital in Jamia Nagar.

His condition is stated to be stable. The incident took place near the hospital when a protest march was being taken out by students. Students said that the attacker tried to hijack the peaceful protest and threatened the anti-CAA agitators.

The shooting comes in the aftermath of communally charged, hateful and violence provoking rhetoric by several BJP leaders in the run-up to the assembly elections in Delhi.

Junior finance minister Anurag Thakur had on Monday led chants of ‘shoot the traitors’ at a poll rally in north Delhi’s Rithala. The minister prompted "desh ke gaddaron ko..." to which the crowd responded "...goli maaro sa***n ko". The chant translates to "shoot down the traitors who betray the country". Protesters against the CAA and the NRC have often been dubbed anti-national by members of the ruling BJP.

After Thakur’s hate speech, a man carrying a gun was also caught at Delhi's Shaheen Bagh, the venue of mega protests. The man had walked into the protest ground and allegedly brandished the weapon till he was overpowered by the surrounding protesters, eyewitnesses said.

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coastaldigest.com news network
June 11,2020

Mangaluru, June 11: The private flight chartered by Saudi Arabia's SAQCO Contracting Company to repatriate coastal Kannadigas stranded in the kingdom landed at Mangaluru International Airport at 1:15 am on Wednesday.

The flight with 175 passengers took off from the Dammam International Airport around 6 pm (KSA time).

SAQCO’s Directors Althaf Ullal and Basheer Sagar said that all the legal procedures were carried out smoothly before the flight took off from Dammam for Mangaluru.

The duo also informed that no staff or official of SAQCO were traveling on the chartered flight and that it was arranged only for the stranded Kannadigas. The cost of traveling, institutional quarantine, and COVID-19 tests will be borne by the SAQCO Company.

SAQCO had established a desk to finalize the list of passengers who will be traveling on the flight to Mangaluru on Wednesday. The company added priority was given to pregnant women, the senior citizens who had come to the kingdom on visit visas, people with medical emergencies, people who had lost jobs, and those who had reported deaths in their families.

Comments

Dayani Sathe
 - 
Friday, 12 Jun 2020

Great job done by SAQCO ....

Sahul Hameed /…
 - 
Thursday, 11 Jun 2020

Masha Allah, Great Job,May Allah Bless the SAQCO company owner Altaf Ullal & Basheer Sagar,. This is the lesson those who business man are in GCC countries to come forward, All business man should come front to join these humanization work.

Ahmed
 - 
Thursday, 11 Jun 2020

Ma Sha Allah Mabrook

 

Mr.Althaf Ullal,Mr.Basheer Sagar and all team members of SAQCO

 

 

May Almighty Allah accept all our good deeds.

 

Ahmed
 - 
Thursday, 11 Jun 2020

Ma Sha Allah 

Mabrook

Mr.Althaf Ullal, Mr.Basheer Sagar and team members of SAQCO 

 

May Almighty Allah accepat all our good deeds

Shailesh Bhagavandas
 - 
Thursday, 11 Jun 2020

Great job done by SAQCO, realy appreciate your concern towards society. Thank you for this great work.  

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Charan Kumar | coastaldigest.com
June 24,2020

Bengaluru, June 24: City-based I Monetary Advisory (IMA), which duped thousands of families, mostly Muslims, in the name of halal investment, has become a bitter reality of "we were robbed by our own people". All the accused except its CEO Mohammad Mansoor Khan have been released on bail in this ponzi scam worth thousands of crores of rupees.

The scam has not only been investigated by SIT and CBI, but it has reverberated many times in the Assembly, corridors of power, and in the courts.

Around 80,000 investors are in trouble after the Monetary Advisory (IMA) scam came to light. Many investors have left this world, many families have split, many marriages have broken down and many have become unemployed, homeless, helpless and hapless. One of the senior IAS office, who had faced arrest in the scam, reportedly killed himself just a day ago.

It has been more than a year since this multi-billion scam came to light. But the affected families still do not see any ray of hope. The government, led by senior IAS officer Harsh Gupta, has set up a special competent authority to address investor grievances in the matter.

According to information provided by Harsh Gupta, investors have to be paid Rs 2,900 crore. But the value of the company's assets seized so far could be around Rs 450 crore. The process of auctioning the assets has not started yet. The authority has developed an online portal for submission of claim forms from investors. But the process of taking applications has not started yet. Syed Gulab, a social worker overseeing the case, says that after all the claim forms have been submitted, we will get a clear picture about the exact number of investors and the total amount of arrears. But this process may take a few more months to complete.

Senior journalist Maqbool Ahmed Siraj says that IMA has systematically deceived people in the name of halal investment through capital scheme. In 2006, Muhammad Mansoor Khan, a one-time small businessman, set up a company. He began to attract large number of investors by creating the greed for more profit among middle class and poor people.

By 2015, the company had received money from more than 12,000 investors and continued to pay monthly profits. By the time the company closed in 2019, 80,000 people had invested their hard-earned money here. In Bengaluru, the company expanded its reach by investing in two major gold showrooms, hospitals, schools, several medical stores, a publishing center, a supermarket, and real estate firm.

Mr Siraj says that Mansoor Khan and his team not only lured the poor and middle class to pursue their own interests but also created a favourable atmosphere for their so called business by winning the hearts of politicians, government officials, clerics, religious institutions and media.

Unsuspecting people invested their money in a bid to make more profit in less time. When the company stopped making profits and Mansoor Khan suddenly fled on June 9, 2019, the investors woke up the to the reality.

Apart from residents of Bengaluru and other parts of Karnataka, people from Tamil Nadu, Andhra Pradesh, Telangana, Maharashtra other states also have invested their money.

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