HC notice to 11 candidates including BJP MLA SV Ramachandra
Bengaluru, July 25: The Karnataka High Court on Wednesday issued notice to Jagalur MLA SV Ramachandra against winning the Assembly election by producing fake caste certificate. The HC also issued notices to remaining 11 candidates contested in the last Assembly election.
Hearing an application filed by the defeated candidate HV Rajesh from Congress, the High Court issued notices to BJP MLA SV Ramachandra and 11 other candidates. The advocate, who argued in favour of the applicant, said that the Jagalur Assembly constituency was reserved for ST category. But MLA Ramachandra belonged to Maratha community which comes under backward classes. He appealed the High Court to disqualify him from the post of MLA following this issue. He also appealed the court to announce the second highest votes taker as the winner in the election. Hearing the argument, the Court postponed the further hearing to August 20.
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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.
