5 men get jail term for misusing govt funds in Karnataka
Bengaluru (PTI): A special CBI court here has sentenced five men to seven years rigorous imprisonment each and fined them over Rs 5 crore in total for misappropriation of funds belonging to a Karnataka government body.
In the verdict pronounced on September 8, Judge Santosh Gajanan Bhat convicted five persons -- Kebballi Anand, H S Nagalingaswamy, Chandrashekar, H K Nagaraja and K B Harshan -- and fined them a total of Rs 5,02,75,000.
Of this, Rs 5.02 crore will be paid as compensation to Mandya Urban Development Authority (MUDA) which these five men cheated and the remaining will be forfeited to the state. If they default in paying the fine, the convicts will spend another two years in prison.
Based on the orders of the Government of Karnataka, the CBI and Anti-Corruption Bureau (ACB) had registered the case on March 18, 2014. The five men were released on bail on July 22, 2015.
They had been charged under various sections of the Indian Penal Code (IPC) and the Prevention of Corruption Act.
Kebballi Anand is in the iron ore business with a registered company named A R Logistics. Nagalingaswamy is the CEO of Future Farm & Estates, Chandrashekar is the proprietor of Akash Enterprises, a real estate firm; Nagaraja is a first division assistant in MUDA, and Harshan is an employee of Anand.
In the case, all five men fraudulently filled vouchers and cheques, and then misappropriated five cheques amounting to Rs 1 crore each issued by the then Commissioner of MUDA in favour of Indian Bank, Mandya branch to invest in the authority's name.
The five men had conspired to deposit the money in the account of Akash Enterprises instead and caused a loss of Rs 5 crore to MUDA, the court said.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Youngster attacked by gang in Koppal: FIR against 30 people; three arrested
Koppal: Police in Koppal City station limits have registered a case against more than 30 people and arrested three in connection with an alleged assault on a youngster over his relationship.
According to the complaint, Sameer Ahmed Moolimani (22), who works at a mobile agency, was sitting at a hotel with his girlfriend around 8:30 pm on May 6 when a group of youngsters approached him and asked his identity. He said that he was attacked after informing them about the relationship.
Sameer said in his complaint: “They blindfolded me, took me on a bike towards the Hospet side of the national highway, and assaulted me. They asked me, ‘Do you love a Hindu girl?’ They also threatened me, saying, ‘If I am seen with her again, I will not leave you alive.’"
He also stated that after the assault, he was blindfolded and later left near the district hospital.
Police have registered a case at Koppal City police station against more than 30 people, including the girl’s brothers Ashish and Nilesh. Three people have been arrested so far, and investigation is in progress.
