It’s not Karnataka budget; It’s Mandya, Hassan, Ramanagara districts budget: Shettar
Coastal region neglected: BJP MLAs protest
Bengaluru, July 05: The coastal region was completely neglected in the maiden budget of the JDS-Congress coalition government presented by Chief Minister HD Kumaraswamy. However, Hassan, Ramanagar and Mandya districts were given priority in the budget.
CM Kumaraswamy who started his budget at 11.30 am, concluded it at 1.18 pm. Close on the heels finishing the budget presentation, BJP MLAs expressed their resentment against it. Former chief minister Jagadish Shettar accused it as the budget of Hassan, Mandya and Ramanagara districts and not the Karnataka budget. He cut the funds of all departments, he alleged.
Former chief minister and BJP state president BS Yeddyurappa said that it was the budget of brothers and insulted the people of the land.
KS Eshwarappa said that the government has cheated the people of all classes in the budget. No sufficient grant was given for the welfare of the backward classes, he said.
Ministers UT Khader and Zameer Ahmed Khan have expressed their anger in front of the Chief Minister for not earmarking funds for the development of the minorities in the budget. But it is said that the Chief Minister has promised them of looking into it in the next budget. Even the Congress MLAs expressed their dissatisfaction about the budget for neglecting the North Karnataka.
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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.
