Mangaluru: Malabar Gold and Diamonds provides financial support to 14 families to construct houses
Company says move was CSR initiative
Mangaluru: As a part of its CSR initiative in the city, Malabar Gold & Diamonds Mangalore distributed Housing Charity Cheques providing financial support to 14 families for the construction of their house.
Abdul Raheem (Managing Director Of Shalimar), Ahmed Basheer (Managing Director Of Group-4), Padmaraja R (Notary, Treasurer Of Shri Gokarnanath Temple, President Guru Beladingalu), Jacinta Vijay Alfred (Corporator Of Falnir), Asif Deals (Founder Of Ngo Team B-Human), Karunakaran Along with Store Head of Mangalore Mr. Sarath and other Management team members were present during the event.
“Malabar Housing Charitable Trust was established in 2004 to provide partial financial aid for the construction of houses for the homeless. We help people partially or completely in the construction of houses. In certain circumstances if we come to know that people who are in need are not able to get any other means to construct their houses, we will provide complete support” an official press statement from the company stated.
“CSR activities are at the core of the Malabar Group’s corporate responsibility right from the days of inception. Over the last two decades the group has contributed substantially to the welfare of the society through CSR activities such as supply of free lifesaving medicines, financial aid for the construction of houses for the homeless people, women empowerment programs like student scholarships, helping deprived and downtrodden families who are struggling to meet the marriage expenses of their daughters and environment protection activities, etc” it added.
Malabar Group of Companies Chairman M P Ahammed said, “As part of the CSR, the group will lay more stress on areas like building houses for the homeless, environmental conservation, women empowerment, Medical & Educational sectors” in India this will provide a lot of improvement in the life of needy people.
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Drug peddler's property worth Rs 1 crore attached in Srinagar
Srinagar (PTI): Property worth Rs 1 crore belonging to a notorious drug peddler was on Saturday attached in Jammu and Kashmir's Srinagar, police said.
A double-storey house on eight marlas of land situated at Wantpora Eidgah, belonging to Basit Bilal Dar, a notorious drug peddler, valued at approximately Rs 1 crore, a police spokesperson said.
He said Dar is involved in two cases registered under various sections of the NDPS Act.
During investigation, it was established that the accused had acquired the said property through illicit proceeds generated from drug trafficking activities, the spokesperson said.
Consequently, the property was attached under the provisions of the NDPS Act. The attachment proceedings were conducted in the presence of the two independent witnesses, strictly in accordance with the prescribed legal procedures, he said.
As per the attachment order, the owner has been restrained from selling, leasing, transferring, altering, or creating any third-party interest in the property till further orders, the spokesperson added.
