Lok Sabha polls: Rs 9.64 cr cash seized in Karnataka
Bengaluru: The Election Commission on Saturday said cash to the tune of Rs 2.75 crore has been seized in the past 24 hours, taking the total amount of money seized in Karnataka to Rs 9.64 crore since the model code of conduct came into force on March 16.
The general elections in Karnataka will be held in two phases on April 26 and May seven for its 28 constituencies.
According to EC officials, since the Model Code of Conduct came into force on March 16, the flying squads, static surveillance teams and police authorities have seized Rs 9.64 crore cash, Rs 15.6 lakh freebies, 7.20 lakh litres of liquor worth over Rs 22.85 crore, 52.12 kg narcotic substances worth over Rs 53 lakh and precious metals valued at over Rs 36 crore.
They have also registered 402 FIRs with regard to the seizure of cash, liquor, drugs, precious metals and freebies while 65,432 arms have been deposited, 831 arms were impounded, eight arms licences have been cancelled, 3,853 cases were booked under preventive sections of CrPC, out of which 4,136 people were bounded over.
The Excise Department has booked 471 heinous cases, 359 cases for breach of licence conditions, 24 NDPS (Narcotic Drugs and Psychotropic Substances Act) and 1,477 cases under Section 15 (a) of Karnataka Excise Act 1965 and also 284 different types of vehicles have been seized.
In a statement, the office of the Chief Electoral Officer of Karnataka said Static Surveillance Team has seized Rs. 38 lakh cash in Nayakanahahatti Cross Checkpost in Chitradurga parliamentary constituency, Rs. 12.68 lakh cash in Hirolli Checkpost, Gulbarga parliamentary constituency. They also seized 180 bags containing pan masala worth Rs 33 lakh in Chigaralli Check post, Gulbarga parliamentary constituency.
Meanwhile, they have also sized 243.56 gm of gold jewellery worth Rs. 13.20 lakh at Magadi Checkpost in Udupi Chikmagalur parliamentary constituency.
Police have seized gold ornaments worth over Rs. 38 lakh in Dharwad parliamentary constituency while the Income Tax department has seized over Rs. 28 lakh cash in Bengaluru Urban district among other seizures.
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New application filed in SC against Adani group over US indictment
New Delhi: A fresh application has been submitted to the Supreme Court of India, seeking the inclusion of key documents related to the recent US indictment of the Adani Group. Filed by advocate Vishal Tiwari, the petition aims to introduce two critical pieces of evidence into an ongoing case related to the Adani Group's financial practices.
The first document is a formal US court indictment accusing Gautam Adani, his relative Sagar Adani, and other company executives of orchestrating a massive bribery scheme to secure solar energy contracts worth billions of dollars in India. The indictment alleges that over $250 million in bribes were paid to Indian government officials to obtain these lucrative contracts.
The second document is a complaint from the US Securities and Exchange Commission (SEC), which accuses the Adani Group of securities fraud. The SEC alleges that Adani executives misled investors to raise funds for these solar projects, despite knowing that part of the capital was linked to corrupt activities.
This development follows the US Attorney's Office's recent charges against the Adani executives, who are accused of masterminding a bribery scheme to secure power supply contracts with state-run utilities in India. The contracts were expected to yield up to $2 billion in profits over two decades.
These charges come amid an ongoing investigation by India's Securities and Exchange Board (SEBI) into the Adani Group, after allegations of stock manipulation and market irregularities surfaced, particularly following the release of the Hindenburg Report in early 2023. The new US legal documents could play a crucial role in strengthening the investigation into the Adani Group's business operations.
