Co-op bank manager 'killed' by man whom he lent Rs 1.05 crore

News Network
August 31, 2017

Bengaluru, Aug 31: A 55-year-old manager of a co-operative bank, believed to have committed suicide on August 16, was actually strangled bya real estate agent who had borrowed Rs 1.05 crore from him. The suspectroped in three of his associates to make the murder look like a suicide, police said.

Muniyappa, of Matadahalli in RT Nagar, was found dead in his carnear Malagala underpass, West Bengaluru. Apoison bottle was found next to his body and the death hadall the trappings ofa suicide. His wife, however, suspected foul play and filed a complaint of murderat the jurisdictional Kamakshipalya police station.

The first clue in the murder investigation came when police learnt thatMuniyappa dealt in arbitrage loans— borrowing money at low interest and lending it at a higher rate. The second clue was that Muniyappa had loanedRs 1.05 crore to Tilak Bandi Kempegowda (36), a real estate agent, loan mediator and broker from Sunkadakatte, since 2014. Police also learnt that Kempegowda had neitherrepaid the principal nor the interest.

Muniyappa was under pressure as he had to pay Rs 22 lakh as interest every month to his lenders. Fifteen days before the murder, hequarrelled with Kempegowda and demanded that he repay the money. He eventhreatened to commit suicide if Kempegowda failed to repay.

Hatched a plot

Kempegowda allegedly hatched a plot to murder Muniyappa and pass it off as a suicide. He roped in three people — Pradeep alias Bully (25), Mahesh alias Appi (24), whoboth work at his poultry farm near Hindalgere, and Abhilash Gowda (25), an auto-rickshaw driver from Hegganahalli.

Kempegowda and Pradeep bought an insecticide named Action 505. OnAugust 15, Kempegowda called Muniyappa to Mariyappanapalya, saying he wanted to repay part of the loan. Muniyappa drove there. Pradeep got in his car and asked him to drive to Kempegowda’s guest house in Byatarayanadoddi.

Meanwhile, Mahesh and Abhilash bought syringes, gloves and socks, andreached the guest house. Once Muniyappa arrived there, they all tied him up and poured the insecticide down his throat. Muniyappa, however, spat it out. Pradeep then strangled him with a rope. The trio stuffed the body in Muniyappa’scar and drove to Malagala where they abandoned the vehicle and fled.

Their scheme was, however, undone by the post-mortem reportwhichconcluded thatMuniyappa had asphyxiated to death. Police reviewed a staggering 600 GB of CCTV footage to nailthe suspects.

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News Network
February 20,2020

Nagpur, Feb 19: The Central Bureau of Investigation said that it has arrested a former employee of Union Carbide Bhopal, who was absconding since 2016.

A senior CBI official said on Wednesday that the agency sleuths arrested S I Qureshi from Maharashtra’s Nagpur on Tuesday, who was convicted by a local court here in connection with the Bhopal gas tragedy case.

The official further said that he had been absconding since 2016.

He added that the convict would be produced in a district court.

On December 3, 1984, forty tonnes of methyl isocyanate leaked from the Union Carbide pesticide factory and settled over slums in Bhopal

A Bhopal court convicted eight people in 2010 to two years each in jail over the gas plant leak that killed thousands of people.

The eight convicted included the Chairman of the Indian arm of the Union Carbide (UCIL) Keshub Mahindra, Managing Director V P Gokhale, Vice-president Kishore Kamdar, Works Manager J Mukund, Production manager S P Chowdhury, Plant superintendent K V Shetty and Production Assistant Qureshi.

The CBI had taken over the Bhopal gas tragedy case on December 12, 1984.

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News Network
June 25,2020

Jun 25: A 16-year-old girl allegedly committed suicide at her house in east Delhi and her family members secretly buried her body, which was later exhumed for post-mortem, police said on Wednesday.

The girl, whose family hails from Jharkhand, allegedly hanged herself in a room in her house on Monday, they said.

No suicide note was recovered from the spot, police said.

Her body was exhumed on Tuesday as per the directions of the Sub Divisional Magistrate of the area. The process was carried out as her family members secretly buried her without informing the police.

The post-mortem will be conducted after Covid-19 tests, police said.

The incident took place on Monday. The reason behind her taking the extreme step is yet to be ascertained, they said.

Police said the girl lived with her mother and two siblings. The family hails from Jharkhand and are financially extremely weak. Her father died two years ago, they said.

After the father’s death, the girl's mother along with her siblings took her body to a burial ground and buried her, police said.

The police said the matter came to their notice after a neighbour alerted them about it. Following the information the body was exhumed, they said.

On questioning the girl's mother, she told police that she didn't know that one has to inform police in a suicide case, a senior police officer said.

Inquest proceedings have been initiated, police said.

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Agencies
January 11,2020

New Delhi, Jan 11: Assets worth Rs 78 crore have been attached by the ED in connection with a money laundering probe against former ICICI Bank Chairman Chanda Kochhar and others, officials said on Friday.

A provisional order under the Prevention of Money Laundering Act (PMLA) has been issued for attachment of the properties that includes Kochhar's Mumbai-based house and some other assets belonging to a company linked to her, they said.

The book value of the attached assets is Rs 78 crore, they said.

The Enforcement Directorate (ED) is probing Kochhar, her husband Deepak Kochhar and others in a case of alleged irregularities and money laundering in giving loans by the bank to the Videocon group.

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