LS polls: Rs 1.88 crore cash, liquor worth 87.19 lakh seized in Karnataka

Vartha Bharati | 24-03-2024 | 18:11:00 IST

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Bengaluru: The Election Commission on Sunday said Rs 1.88 crore cash and liquor worth Rs 87.19 lakh were seized in the last 24 hours in the run-up to Lok Sabha elections in Karnataka.

The general elections in Karnataka will be held in two phases on April 26 and May 7 for 28 constituencies.

The Election Commission said the Static Surveillance Team seized Rs 1.44 crore cash at Hiriyur in Chitradurga parliamentary constituency and the remaining from other places. In the same constituency at Challakere, the Excise Department seized 14,688 litres of India Made Foreign Liquor (IMFL).

According to EC officials, since the MCC came into force, the flying squads, static surveillance teams and police authorities have seized Rs 17.66 crore cash, Rs 18.85 lakh worth of freebies, 7.69 lakh litres of liquor worth over Rs 24.25 crore, 87.04 kg narcotic substances worth over Rs 75 lakh, gold worth Rs 1.27 crore, silver worth Rs 21.47 lakh and diamond worth Rs nine lakh have been seized.

ALSO READ: LS polls: JD(S) to get 3 seats including Mandya, says BJP leader Radha Mohan Das Agarwal

The total seizure made by the various agencies in view of elections is worth Rs 46.45 crore ever since the MCC came into effect on March 16.

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New application filed in SC against Adani group over US indictment

24-11-2024 ¦ 24-11-2024 IST

Adani Group Chairman Gautam Adani (PTI)

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.