SIT searches IMA Jewelry showroom: Diamond, gold, documents worth crores found
Bengaluru: Intensifying the investigation into the multi-crore IMA scam, the SIT officials on Thursday opened the locks of IMA Jewellery showroom on the Commercial Street in the city and confiscated ornaments of diamond, gold, silver and documents worth crores.
More than 50 officials and staff of the SIT entered the showroom at 8 am. Each and every corner of the showroom was searched. But the officials did not find any cash. However, the officials confiscated diamond, gold, silver ornaments, said SIT DCP Girish.
Value of the confiscated ornaments and documents was being evaluated from the evaluators and Chartered Accountants. It is expected that the SIT officials have recovered diamond and gold worth more than Rs 33 crore at Jayanagar showroom, while they found the ornaments at Commercial Street more than the value of ornaments they recovered from Jayanagar. The total value of the recovered ornaments will be ascertained by Friday morning, he said.
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Karnataka Speaker Khader finishes fourth in Dirt Prix event
Mangaluru (PTI): Karnataka Legislative Assembly Speaker U T Khader on Sunday finished fourth in a dirt track racing event organised by the Indian Motor Sports Club here.
Driving a Volkswagen Polo GT, Khader narrowly missed a podium finish, ending just seconds behind the third-place finisher.
An avid motorsport enthusiast since his college days, Khader has participated in several racing events involving both motorcycles and cars.
Organisers said his performance on the dirt track was consistent with his previous racing record.
Speaking informally after the event, Khader said he continues to follow motorsport and enjoys driving, describing the experience as a "refreshing change" from his official responsibilities.
The Dirt Prix event saw participation from multiple racers and was aimed at promoting grassroots motorsport.
