Hyderabad, Feb 09 (PTI): An 86-year-old industrialist was allegedly murdered at his residence by his grandson over a property dispute. The victim sustained multiple stab wounds, police said on Sunday.

The incident occurred on the night of February 6 when the accused, K Kirti Teja (aged around 28), 'attacked' his grandfather, V C Janardhan Rao, chairman & managing director of the city-based Veljan Group, with a knife, resulting in his immediate death, they said.

The accused also stabbed his mother when she tried to intervene. She sustained injuries and was admitted to a hospital, Panjagutta police said, adding that he was subsequently arrested on Saturday.

Teja and his mother, who live in another part of the city, visited Rao's house in Somajiguda on Thursday. While she went to get coffee, an argument broke out between Teja and Rao over the distribution of his property, police said.

Teja took out a knife and 'attacked' his grandfather, accusing him of being indifferent toward him since childhood and "refusing" to distribute the property to him, police said, citing preliminary investigations.

When asked about reports that the victim was allegedly stabbed more than 70 times, police stated that there were multiple stab wounds and that the exact number would be confirmed based on the post-mortem examination (PME) report.

The accused had recently returned to Hyderabad from the US after completing his master's degree, police said.

Based on a complaint, a case of murder was registered against the accused, and he was arrested, police added. Further investigation is ongoing.

Established in 1965, Veljan has expertise in providing complete solutions for various applications, including shipbuilding, energy, mobile, and industrial segments, according to the company's website.

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Dhaka (PTI): A Bangladesh court on Monday sentenced deposed Prime Minister Sheikh Hasina to 10 years in jail in two separate corruption cases related to alleged irregularities in allocations of land in a government housing project.

Dhaka Special Judge’s Court-4 Judge Rabiul Alam handed down the verdicts, sentencing Hasina to a total of 10 years’ imprisonment — five years in each case, state-run BSS news agency reported.

The court sentenced 78-year-old Hasina, her nephew Radwan Mujib Siddiq, and her nieces, Tulip Rizwana Siddiq and Azmina Siddiq, and others in the cases over alleged irregularities in the allocation of plots under the Rajuk New Town Project in Purbachol.

The judgment was pronounced at around 12.30 pm.

Tulip Siddiq was sentenced to four years’ imprisonment — two years in each case — while Radwan Mujib Siddiq and Azmina Siddiq were each sentenced to seven years’ imprisonment in both cases.

Rajuk member Mohammad Khurshid Alam, the only accused to surrender before the court, was sentenced to one year’s imprisonment in each case, totalling two years.

The court also fined all convicted persons Tk1 lakh each and ordered them to serve an additional six months in prison in default of payment.

Hasina has been living in India since she fled Bangladesh on August 5 last year in the face of the massive protests. She was earlier declared a fugitive by the court.

The cases were filed by the Anti-Corruption Commission (ACC) over alleged abuse of power in the allocation of two 10-katha plots.

According to the prosecution, the accused manipulated the allocation process and violated existing rules and regulations of the Rajdhani Unnayan Kartripakkha (Rajuk).