Bharat Bandh hits normal life in Karnataka
Bengaluru, Sep 10: The day-long nationwide shutdown or Bharat bandh on Monday against rising fuel prices called by the Congress affected normal life in Karnataka as public transport kept off the roads across the state.
"There is an overwhelming response from the public to our shutdown call as petrol and diesel price hike affects all, especially the poor," a Congress spokesman told IANS here.
Schools and colleges were closed although state and central government offices remained open.
In Bengaluru, global software firms like Infosys and Wipro functioned normally.
With the ruling Janata Dal-Secular (JD-S) supporting its ally Congress on the bandh, their cadres as well as activists of the pro-Kannada organisations like Kannada Vedica Paksha (KVP) were seen forcing restaurants, shops and fuel stations to remain shut at least till 3 p.m.
Many theatres, multiplexes and malls did not open for business. Bank transactions were hit.
"We have not opened for business for the day to avoid damage to our property caused by frenzied mobs," a tea vendor told IANS here.
The shutdown, however, did not affect flight or train services in Bengaluru and Mysuru though passengers faced harrowing time at the airport and railway stations in the absence of buses, cabs and autos.
About 1,000 cadres and supporters of the JD-S and Congress staged a massive demonstration at the Town Hall here and took out a protest rally to the Freedom Park through main roads, which had less vehicular traffic on a working day due to the shutdown.
Emergency services, including hospitals and medical shops, were exempted from the bandh.
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ED arrests Sandeepa Virk, 'cosmetologist' for alleged money laundering
New Delhi, Aug 13 (PTI): The Enforcement Directorate said on Wednesday it has arrested a woman, who claims to be an actor and a cosmetologist, under the anti-money laundering law in a case of alleged fraud and misrepresentation.
The agency said the purported links of the woman, Sandeepa Virk, with a Reliance Group executive, Angarai Natarajan Sethuraman (President, Corporate Affairs), are also under its scanner. Sethuraman, in a statement, denied any connection with Virk or any transactions related to her.
Virk was taken into custody under the Prevention of Money Laundering Act (PMLA) on Tuesday after searches were conducted against her and her associates in Delhi and Mumbai over the last two days.
A special court sent her to the ED's custody till August 14, the agency said. The woman claims to be the owner of a skin care products selling website named hyboocare.com, which the ED claimed was a "front" for money laundering.
She and her associates are being probed for allegedly exerting undue influence through "misrepresentation" and "defrauding" individuals by soliciting money under false pretences.
According to an Instagram ID of Virk, she is an actor and entrepreneur and the founder of the said website.
The federal agency said in a statement that the woman was also "in touch with" Sethuraman, former director of erstwhile Reliance Capital Limited.
She was communicating with him regarding "illegal liaisoning", the ED claimed, adding that the searches at Sethuraman's residence "confirmed" these allegations.
"Besides, diversion of funds for personal benefit has also been unearthed during the course of the search action," it said.
The ED alleged that public money worth about Rs 18 crore belonging to Reliance Commercial Finance Limited (RCFL) was disbursed to Sethuraman in 2018 by "flouting" prudent lending norms.
The funds were lent under terms that allowed a deferment of the principal amount as well as the interest, with multiple waivers granted and no due diligence conducted, it said.
The ED claimed that besides this, a home loan of Rs 22 crore was provided by Reliance Capital Limited by "violating" the prudential norms. "A large part of these loans are seen to have been eventually siphoned off and remained unpaid," it alleged.
Sethuraman, in a statement, dismissed the allegations as "baseless". He denied any connection with Virk or any transactions related to her.
Detailing about Virk's web portal, the agency said it purportedly sold FDA-approved beauty products. However, the ED said the products listed on the website have been found to be non-existent and the portal lacks a user registration option and is plagued by persistent payment gateway issues.
A scrutiny of the website uncovered minimal social-media engagement, an inactive WhatsApp contact number and an absence of transparent organisational details, all of which reinforce the finding of "non-genuine" commercial activity, the ED claimed.
"These factors, including limited product range, inflated pricing, false claims of FDA approval and technical inconsistencies, indicate that the website serves as a front for laundering funds," it said.
Another social media-hosted bio data of the woman said she is a certified cosmetologist.
The ED said several "incriminating" documents were seized during the searches and the statement of a man named Farrukh Ali, stated to be an associate of Virk, was recorded.
The money-laundering case stems from an FIR lodged by the Punjab Police.
Sethuraman said that the home loan he received from Reliance Capital was granted following due process and was secured by the property offered as collateral.
