117-Crores Assets of Man Who Conned Mysore Maharaja's Taxidermist Seized

News Network
November 21, 2019

New Delhi, Nov 21: Assets worth over Rs. 117 crore, including 70 animal trophies and rosewood furniture, of a man, who allegedly cheated a British taxidermist of the Maharaja of Mysore, have been attached under the anti-money laundering law, the ED said on Wednesday.

The agency said a provisional order has been issued against Michael Flyod Eshwer, a horse trainer based in Karnataka's Mysuru, under the Prevention of Money Laundering Act (PMLA).

The attached properties include 70 "invaluable" animal trophies, furniture made of rosewood, a house on Hyder Ali Road (Abba road) in Mysuru and a coffee plantation in Kerala's Wayanad district, the Enforcement Directorate (ED) said.

The total value of the attached assets is Rs. 117.87 crore.

Late taxidermist Edwin Joubert Van Ingen, who lived in India, was allegedly conned by Eshwer who created a "false adoption deed" in his favour and usurped the assets that were gifted by the Maharaja of Mysore to Van Ingen, the federal probe agency said.

The ED said it took over the probe into the cheating and forgery case on the basis of a charge sheet filed by the Bengaluru Police''s CID in 2013. The CID was investigating the matter on the directions of the Supreme Court.

"Eshwer created a false adoption deed in his favour and also got a false death certificate of Van Ingen, and fraudulently got the properties transferred in his name," it alleged.

He came to know about Van Ingen and the properties that were gifted to the taxidermist by the Maharaja of Mysore for his services, the ED said.

"He also got to know that Van Ingen was not married and old-aged. He took advantage of this and fraudulently took possession of the properties held by Van Ingen," the agency charged.

It said Eshwer, in connivance with others, "breached the trust of" Van Ingen.

The taxidermist later filed a police complaint, it said.

Van Ingen died at the age of 101 years in 2013.

"Eshwer projected the said properties as untainted and thus committed the offence of money laundering," the ED said and added that further probe in the case is ongoing.

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News Network
May 25,2020

New Delhi, May 25: Mahindra Group Chairman Anand Mahindra on Monday said lockdown extensions are not just economically disastrous but also create another medical crisis.

While acknowledging that choices are not easy for policymakers, he said a lockdown extension will not help.

"Lockdown extensions aren't just economically disastrous, as I had tweeted earlier, but also create another medical crisis," Mahindra said in a tweet.

He was referring to an article that highlighted "the dangerous psychological effects of lockdowns & the huge risk of neglecting non-COVID patients".

Mahindra, who had earlier proposed a comprehensive lifting after 49 days of lockdown, further said, "The choices aren't easy for policy makers but a lockdown extension won't help".

He said, "The numbers (coronavirus cases) will continue to rise & the focus must be on rapid expansion of field hospital beds with oxygen lines".

He further said, "The army has enormous expertise in this".

On March 22, before the government announced nationwide lockdown, Mahindra had proposed such a move expressing concerns over reports that India was likely to have already reached stage 3 of coronavirus transmission.

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News Network
June 24,2020

New Delhi, Jun 24: Over 1,500 urban and multi-state cooperative banks will be brought under the supervisory power of the Reserve Bank of India (RBI), said Union Minister Prakash Javadekar on Wednesday.

"Government banks, including 1,482 urban cooperative banks and 58 multi-state cooperative banks, are now being brought under supervisory powers of Reserve Bank of India (RBI); RBI's powers as they apply to scheduled banks will apply for cooperative banks as well," Javadekar said at a press conference, through video conferencing.

"The decision to bring 1,540 cooperative banks under RBI's supervision will give an assurance to more than 8.6 crore depositors in these banks that their money amounting to Rs 4.84 lakh crore will stay safe," he added.

The Minister of Information and Broadcasting further said that the Union Cabinet has approved a scheme "for interest subvention of 2 per cent to Shishu loan category borrowers under Pradhan Mantri Mudra Yojana, outstanding as on March 31, 2020, for one year to eligible borrowers."

The Minister also said that the Union Cabinet has approved the declaration of Kushinagar Airport in Uttar Pradesh as an international airport.

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News Network
February 29,2020

New Delhi, Feb 29: Amid the raging communal violence in the entire north-east Delhi earlier this week, there were people who were trying to save persons and families from the "other community" from the fury of the mobs of their own community.

Naeem Ali Pradhan, 34, from Shiv Vihar, helped at least 7-8 Hindus on the night of February 24 -- when the violence was at its peak-- escape to safer locations. Shiv Vihar is one of the worst affected areas in the violence.

According to Naeem Ali, that night mobs attacked dozens of shops on the road and later tried to enter inside the residential areas.

Suddenly, he spotted a group of youth who were looking hassled and frantically asking for directions.

"I saw them. Thye were Hindus who were trying to escape a mob looking to target them. They had lost their way inside the streets of our colony. I along with other Muslim men escorted them to the nearby Hindu locality," Naeem, who is also a member of the Aman Committee constituted by the Delhi police, told ANI.

"Several shops which were on the roads including some showrooms were attacked by a group. These Hindus were worried as a mob which was on the main road was attacking people. They asked me the address of a colony as they were unable to find their way," Naeem said.

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