NGT issues stay on Nethravathi waterfront project of Mangaluru Smart City Limited
Mangaluru: The National Green Tribunal (South Zone) has ordered a stay on the Nethravathi waterfront project of the Mangaluru Smart City Limited (MSCL) till the next hearing of the suo motu case against the project, which it had filed following intense objection raised by environmentalists and concerned citizens.
The National Green Tribunal (NGT), charging the MSCL of violating regulations while implementing its waterfront project, has also warned the company that all the work undertaken so far, including the constructions, would be dismantled if it failed to follow the NGT order.
The MSCL had put forth its project to develop 2.1 km of the banks of River Nethravathi from Morgans Gate till Bolar, including converting the area into a tourist spot. The Urban Development Minister had expressed dissatisfaction regarding the new project, citing an expenditure of Rs 70 crore on the development of a 2-km stretch of road as one of the reasons for his displeasure about the new plan of MSCL. The minister had also ordered a re-analysis of the plan.
The intervention and order of the NGT, following the displeasure expressed by the minister, bring great relief to local environmentalists.
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3 officials of private banks arrested in Gujarat in Rs 2,500 crore cyber fraud; 20 held so far
Rajkot (PTI): Three officials of leading private banks were arrested for their alleged involvement in a Rs 2,500-crore cyber fraud racket in Gujarat's Rajkot district, bringing the number of those held so far in the case to 20, police said on Monday.
Those arrested were identified as Maulik Kamani, a personal manager at Yes Bank in Padadhari; Kalpesh Dangariya, a manager at Axis Bank in Jamnagar; and Anurag Baldha, a personal banker with HDFC Bank, Rajkot (Rural) Superintendent of Police Vijay Gurjar said.
Dangariya and Baldha were previously employed with Yes Bank, he added.
Kamani allegedly assisted the earlier arrested accused in opening and managing suspicious accounts. He also helped bypass banking alerts triggered by high-value transactions by submitting additional documentation to keep accounts active, the SP said.
Kamani was allegedly involved in cash withdrawals that were later routed through hawala channels (illegal money transfer system), supported by digital evidence recovered from his mobile device, he added.
Dangariya is accused of facilitating the opening of fraudulent accounts using fake or misrepresented identities, police said.
He also assisted in structuring documentation, including Agricultural Produce Market Committee (APMC)-related papers, to prevent transactions from being flagged as suspicious, they said.
On the other hand, Baldha opened new accounts after verification and certification processes as part of the racket, Gurjar informed.
All the three accused are in police custody, while others are in jail under judicial remand, SP said.
So far, police have identified 85 bank accounts linked to the racket with 535 complaints filed on the cyber crime portal.
The total transaction linked to the cyber fraud exceeds Rs 2,500 crore, police said.
The earlier fraud amount was pegged by police at Rs 1,500 crore.
