Ullal: Families concerned after well collapse following heavy rains
Ullal: Families in Kallapu of Ullal taluk are facing safety concerns after a well located by the road connecting Kerebail to Sevanthigudda near Kallapu collapsed on Thursday. The collapse followed heavy showers in the region over the past few days.
The well, which was dug by a resident named Ibrahim, served five families living in his house near Kallapu. Following the incident, Ullal City Municipality Commissioner Vani Alva, Engineer Tulasidas, and Revenue Inspector Chandrahas visited the site to inspect the area surrounding the collapsed well. They advised the locals to take additional safety measures to protect lives and property.
As a precaution, drivers of heavy vehicles as well as school and college buses have been directed to avoid the affected road. Students have also been instructed not to use this route to reach their schools.
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During their inspection, the municipality authorities found the compound wall of a house beside the road in a dilapidated condition. They directed the family living there to demolish the wall to prevent any mishaps. The families residing in Ibrahim's house have been asked to stay away from the collapsed well for their safety.
Mahantesh, a native of Bagalkot and a tenant in Ibrahim's house, informed the municipality officers that the well had developed problems for the second time in about a year. The collapse has left the five families residing in the house without a reliable water source. Mahantesh urged the authorities to improve the water supply to the area to address the issue.
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New application filed in SC against Adani group over US indictment
New Delhi: A fresh application has been submitted to the Supreme Court of India, seeking the inclusion of key documents related to the recent US indictment of the Adani Group. Filed by advocate Vishal Tiwari, the petition aims to introduce two critical pieces of evidence into an ongoing case related to the Adani Group's financial practices.
The first document is a formal US court indictment accusing Gautam Adani, his relative Sagar Adani, and other company executives of orchestrating a massive bribery scheme to secure solar energy contracts worth billions of dollars in India. The indictment alleges that over $250 million in bribes were paid to Indian government officials to obtain these lucrative contracts.
The second document is a complaint from the US Securities and Exchange Commission (SEC), which accuses the Adani Group of securities fraud. The SEC alleges that Adani executives misled investors to raise funds for these solar projects, despite knowing that part of the capital was linked to corrupt activities.
This development follows the US Attorney's Office's recent charges against the Adani executives, who are accused of masterminding a bribery scheme to secure power supply contracts with state-run utilities in India. The contracts were expected to yield up to $2 billion in profits over two decades.
These charges come amid an ongoing investigation by India's Securities and Exchange Board (SEBI) into the Adani Group, after allegations of stock manipulation and market irregularities surfaced, particularly following the release of the Hindenburg Report in early 2023. The new US legal documents could play a crucial role in strengthening the investigation into the Adani Group's business operations.
