Govt plans incentives if vehicles older than 15 years are scrapped
Bengaluru, June 27: On the lines of Delhi government, the state government is mulling to announce the incentives if the owners of the diesel vehicles older than 15 years scrapped their vehicles.
Speaking to reporters at the Vikasa Soudha, Forest, Ecology and Environment Minister R Shankar said that if the diesel vehicles above 15 years of old were scrapped, the government would give Rs 30,000 incentive to the owners. Both Departments of Transport and Ecology have announced that they would jointly give Rs 30,000 incentive to the owner of the diesel vehicle if it was scrapped. But there was a demand to increase the amount to Rs 60,000, he said.
Among the most polluted cities in the world, the cities of the country have also got the places. So, if the incentive was increased to Rs 50,000, then the owners of the old vehicles could come forward to scrap their vehicles, he said.
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Three company directors held in Rs 100-crore investment fraud in Kochi
Kochi (Kerala) (PTI): Police on Sunday arrested three directors of a firm accused of cheating hundreds of investors of over Rs 100 crore through a fake investment scheme linked to agricultural tourism here, officials said.
The accused were identified as Muraleedharan, Ashik Murali and Akhil Murali, all natives of Thrissur.
The arrests were made by the Kalamassery police in connection with a fraud involving ATCOS (Agri Tourism Cooperative Society), a firm headquartered at Pathadipalam here.
Police said the company had promised high returns by collecting investments from the public in the agricultural tourism sector, but allegedly cheated hundreds of people and fled with the money.
ATCOS was registered under the Multi-State Cooperative Societies Act and operated 13 branches across various districts in Kerala, besides a branch in Coimbatore in Tamil Nadu, officials said.
When investors failed to receive their promised returns or the invested amount, complaints were filed with the police.
Officials said around 54 cases have been registered against the firm in 32 police stations across the state, including 29 cases at the Kalamassery police station alone.
Following instructions from Kochi City Police Commissioner K S Mahesh Kumar, a special investigation team was formed under the supervision of Deputy Commissioner of Police (Law and Order) Shehensha and Thrikkakara ACP Manoj Kumar.
The team traced the accused to an apartment in Amala Nagar in Thrissur, where they had been hiding after secretly renting the flat, officials said.
The bank accounts of the accused have been frozen, and steps have been initiated to trace their assets, officials said.
Police also conducted a raid at the company’s office at Pathadipalam and seized several documents related to the case.
The accused were produced before the Judicial First Class Magistrate Court in Kalamassery, which remanded them to judicial custody and sent them to Kakkanad jail.
Police said they would seek the custody of the accused for further interrogation as the investigation continues.
