Bengaluru: Former CEO of scam-hit Sri Guru Raghavendra Cooperative Bank commits suicide
Bengaluru: M Vasudeva Maiya, former CEO of Sri Guru Raghavendra Cooperative Bank, committed suicide in the city on Monday.
The CEO, who is said to have been involved in a multi crore scam of the Bank, has apparently killed himself by consuming poison in his car at his residence in Poornaprajna Layout.
Maiya had headed the Bank from 2012 to 2018. A senior employee of the Bank Santhosh Kumar has filed a complaint against Maiya, accusing the latter of committing irregularities in business transactions of the Bank during his term as CEO. A case had been booked with the ACB under the Prevention of Money Laundering Act and the ACB had recently raided the head office and houses of higher office-bearers of the Bank during investigation.
Karnataka DG and IGP Praveen Sood recently handed over the case from the ACB to the CID, following the High Court suggestion to do so.
Maiya is suspected to have committed suicide out of fear of the CID investigation. The Subramanyapura Police have registered a case.
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.
Two held at Bengaluru airport with hydroponic ganja worth Rs 5.79 cr
Bengaluru (PTI): Two people were arrested at the Kempegowda International Airport here for attempting to smuggle hydroponic ganja valued at Rs 5.79 crore, upon their arrival from Bangkok on Wednesday, officials said
They seized 16.54 kg of hydroponic ganja, which was concealed in the checked-in baggage, the Bengaluru Customs said in a post on 'X'.
Both the accused were arrested under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, it said.
Meanwhile, the Customs officials at the Bengaluru Airport also disposed of 287.5 kg of Ganja (Hydroponic Weed) and 1.17 kg of Cocaine seized under the NDPS Act, 1985, in accordance with CBIC (Central Board of Indirect Taxes & Customs) Disposal Manual on March 17, it said in another post.
