Hubballi (PTI): Police opened fire on two key murder accused in Hubballi on Sunday morning, shooting them in the legs after they allegedly attacked officers and attempted to flee during a spot inspection linked to a three-day-old murder case, officials said.
The incident is related to the murder of Malik Jaan (27) who was allegedly stabbed to death by eight to ten people on Mantur Road under Bendigeri police station limits.
Police had arrested the main suspects, Balaraj alias Balu and Mohammed Hafeez along with a few others in connection with the case.
On Sunday morning, the police team took them to Mantur Road for spot inspection based on their information that their gang members often meet at a shed there.
At the spot, the accused pelted stones at the police officers in a bid to escape.
Three policemen were injured in the stone-pelting and were admitted to KIMS Hospital.
Police Commissioner N Shashikumar visited the hospital and reviewed the incident.
Speaking to reporters Shashikumar said the police took many people including Balaraj and Hafeez into the custody and questioned them.
"Balaraj said he was into transporting sheep. It was just to dodge police. His full time activity was crime such as robbery and threatening people with his gang. He used to act as henchman for any crime," the police officer said.
Another accused was Mohammed Hafeez, against whom there were several cases pending in many police stations and some of those cases pertains to alleged acts of robbery, attempt to murder and murder, he added.
Speaking about the shootout, Shashikumar said, the police inspector fired two rounds in the air and shot the accused in their legs to prevent them from attacking police and fleeing.
According to him, three police officers were also injured in this incident who have been admitted to the hospital along with the accused.
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New Delhi (PTI): The CBI on Wednesday registered a fresh case against industrialist Anil Ambani and Reliance Communications Ltd for allegedly causing a loss of Rs 3,750 crore to Life Insurance Corporation (LIC) of India, officials said.
The CBI has filed the case for the alleged offences of conspiracy, cheating and misappropriation and under the provisions of the Prevention of Corruption Act on a complaint from the LIC, making it the fourth case against the company and Anil Ambani, they said.
The agency has alleged that LIC was fraudulently induced to subscribe to Non Convertible Debentures (NCDs) worth Rs. 4500 crore between 2009 and 2012 on the basis of false representations made by Reliance Communications Ltd. and its management regarding the financial health of the company, and security and asset cover offered to LIC while subscribing to the NCDs.
The insurer suffered a loss of over Rs 3,750 crore and ordered a forensic audit against the company.
The forensic audit report dated October 15, 2020, conducted by BDO India LLP, reported that RCOM and its management had resorted to misutilisation of funds raised from banks and financial institutions, routing of funds through subsidiaries, misuse of sale invoice financing, discounting of fictitious bills, systematic siphoning of funds through inter-company deposits/shell related entities, creating and write-off of fictitious debtors and receivables and gross overstatement of security.
It said there was a mismatch between the charges and the assets.
