Heavy rains: Landslides on road leading to Mullayanagiri
Tourists fear of closing their way back
Chikmagaluru, July 08: The heavy rains that has been lashing Chikmagaluru district for the last couple of days is causing inconveniences to vehicular movement on several roads and normal life of people. The road leading to Mullayanagiri, the hill station in the district, is facing the threat of closure of vehicular movement because of the landslides and falling of boulders on the road on Saturday evening.
The district has been receiving heavy rains for the last three days. Due to heavy rains, landslides happened in four places near the road and boulders and mud fell on the road causing inconvenience to the vehicular movement. As a result, hundreds of tourist vehicles stuck on the road as the road is blocked with boulders.
The only road leading to the tourist place from Chikmagaluru is too narrow. In spite of the boulders and mud on the road, tourists are making their way to reach the peak of the hill station. As the land sliding is still happening along the road due to heavy rains, tourists fear of losing their way back. Normally, during monsoon, the tourist place attracts more tourists from faraway places to enjoy the beauty of the nature. During week-ends, the number of tourists to the place is more. Now, the landslides and boulders may cause inconvenience to the vehicular movement on the road.
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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.
