User: erensu Topic: Land
Category: Land Encroachment
Last updated: Apr 14 2018 03:13 IST RSS 2.0
 
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Multi-crore scam: TGS director arrested 13.4.2018 deccanherald.com

The CID has arrested the director of TGS Group company from Uttar Pradesh on Wednesday in connection with the 657-crore scam involving the real estate firm.

Jaswant Singh was produced before a magistrate and remanded in judicial custody.

He is one of the two sons of an ex-army officer Harjeet Singh.

The Madiwala police had registered a case over the multi-crore scam involving real estate and Bollywood movie productions.

The case was then taken over by CID as the scam grew larger with more complainants forthcoming.

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Sarjapur Rd residents protest against encroachment of lakes 13.4.2018 deccanherald.com
More than 30 Sarjapur residents staged a protest on Friday against the illegal encroachment of the Sompura and Yamare lake. They alleged that the authorities have failed to take any action to stop the encroachment and illegal construction over the buffer zone around the lakes. "The lake at Sompura is encroached by private builders now. They have turned the lake bed into a pathway to their apartments," said Raicy, an activist from the Voice of Sarjapur citizen group. The residents believe the authorities are complicit with these encroachers."The Yamare village panchayat has been accepting bribes to turn the buffer zones into deadpan lands,"Raicy added. She accused the Yamare panchayats chairman of not paying any heed to the requests of conserving the lake. The Yamare Lake-which is a seasonal one- is facing a slow death, according to the residents due to unruly dumping, "The lakebed when not in season, is used by villagers for cattle-grazing. But few people from Sarjapur dump construction debris illegally ...
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Temple not the only grabber of lake land, say revenue officials 10.4.2018 Deccan Herald - City
The monumental task of moving the 62-foot-tall statue of Hanuman from Kolar to Kacharakanahalli has brought this obscure Bengaluru neighbourhood and its dead, encroached lake to the fore. The 750-tonne statue is being set up by the Sri Rama Chaitanya Vardhini Trust near the Kodandarama Swamy Temple in Kacharakanahalli. According to M K Jagadish, Assistant Commissioner, Bengaluru North subdivision, the temple and the proposed statue were located on a lakebed. The temple, its two choultries, an Isckon goshala, a BDA layout and a slum are among the many occupants of the 56-acre plot in Survey No 153, still listed as government lake in revenue records. Jagadish said that about 26 acres of the land, part of the lake, now formed a BDA layout. The other properties are spread over around 10 acres while approximately 20 acres of land is vacant. He said that in 2015, under the then Bengaluru Urban commissioner V Shankar, the administration made its first attempt to reclaim the government property. "We cannot ...
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ED attaches assets of Future Metals Pvt. Ltd. 3.4.2018 Hindu: Policy & Issues
Promoter is allegedly involved in a ₹1,208 crore scam
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DPAR sits on sanction to prosecute revenue officials in land scam 31.3.2018 Deccan Herald - News
The Department of Personnel and Administrative Reforms (DPAR) is delaying giving sanction to prosecute seven revenue officials for illegally transferring government land to private individuals. The file on the prosecution sanction has been cleared by the Revenue Department and is pending with the DPAR. The government land in question - over 10.4 acres in total - is in survey number 105 at Doddathogur village, Begur hobli, Bengaluru South taluk. In January 2016, the Upalokayukta sent two reports directing the Revenue Department to immediately restore the government land and recommended action against the errant officials. The department endorsed the Lokayukta report and forwarded it to the DPAR for sanction to take action against the officials. "The prosecution sanction has already been delayed by a year. In the meanwhile, the government has not taken any action to reclaim the land in question," said Adarsh R Iyer, of Janaadhikaara Sangharsha Parishath, the NGO which filed the complaint before the ...
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Bank fraud: ED attaches assets worth Rs 55.65cr of Kolkata firm 26.3.2018 General News
The Enforcement Directorate (ED) today attached assets worth Rs 55.65 crore of a Kolkata-based computer manufacturing firm in connection with its money laundering probe in an alleged bank fraud of over Rs 515 crore, officials said. The agency's zonal office in the West Bengal capital issued a provisional order under the Prevention of Money Laundering Act (PMLA) attaching lands, plots and residential flats in Ahmedabad, Kochi, West Bengal, Bengaluru and Mumbai as part of the action against the firm R P Info Systems and its directors. A total of 66 vehicles and bank deposits to the tune of Rs 2 lakh have also been attached, they said. The total value of the attachment is Rs 55.65 crore, they said. The ED had lodged a PMLA case in the matter based on a CBI FIR. The CBI in February had booked the firm and its directors Shivaji Panja, Kaustuv Ray and Vinay Bafna for allegedly cheating a consortium of banks to the tune of Rs 515.15 crore. It is not the first time that the company has had a .
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Kanishk Scam: CBI conducts fresh search at 2 places 22.3.2018 General News
The Central Bureau of Investigation (CBI) on Thursday conducted a search at two new places in Chennai, in connection with the bank scam undertaken by Kanishk Gold Pvt Ltd.It further issued a lookout circular against the directors and promoters Bhoopesh Kumar Jain and Neeta Jain of the Kanishk Gold outlets at Bengaluru.As per the information, Kanishk Gold Pvt Ltd was allegedly indulged in the business of manufacturing gold jewellery, which was marketed and sold to various retailers under a brand name.Earlier on Wednesday, the CBI conducted searches at various properties of Kanishk Gold Pvt Ltd and accused persons for allegedly cheating 14 banks.The company was getting credit facilities from banks led by the State Bank of India (SBI).The nature of the limit was Working Capital facility sanctioned to the tune of approximately Rs. 747 crore.Apart from this, the company had also availed certain Term Loan limits from SBI.Falsification of records and the removal of the stocks secured to the .
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Officials urge government to set up additional anti-land grabbing courts 21.3.2018 Hindu: Bangalore
Existing infrastructure not enough to deal with the huge number of cases from across the State
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Drop in diamond demand, more so in unorganised market on purity concerns.: ASSOCHAM Survey 19.3.2018 General News
While the well-known branded jewellery makers issue certificates of purity, bulk of the trade is still concentrated in the unorganised market, based on mutual faith between consumers and jewellers. "This has been shaken and the consumers are not willing to take chances following a massive adverse publicity about the sector. Besides, the branded show rooms issuing certificates of purity are largely restricted in big cities; while there is enough purchasing power in the smaller cities as well."
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Diamond industry down in the dumps post Nirav Modi scam: Study 16.3.2018 General News
The market confidence of the diamond industry has taken a hit after the alleged scam by Nirav Modi as buyers are concerned about the purity of jewellery, which has led to decline in business, according to a survey. While the well-known branded jewellery makers issue certificates of purity, bulk of the trade is still concentrated in the unorganised market, which is based on faith between consumers and jewellers, a survey by industry body Assocham said. "This has been shaken and the consumers are not willing to take chances following massive adverse publicity about the sector. Besides, the branded show rooms issuing certificates of purity are largely restricted to big cities, even as there are enough purchasing power in the smaller cities," it added. The survey was conducted among 350 jewellers based in Delhi-NCR, Mumbai, Ahmedabad, Chennai, Kolkata, Hyderabad, Chennai, Bangalore, Chandigarh and Dehradun. Assocham also interacted with about 500 working and non-working ...
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PNB fraud fallout: Survey shows drop in diamond demand 16.3.2018 General News
The Punjab National Bank (PNB) fraud involving diamantaire Nirav Modi seems to have shaken the confidence of diamond jewellery buyers, especially from the unorganised jewellers, over concerns on the purity of the precious jewellery, resulting in a drop in business, according to a survey released here on Friday.
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Land grab case filed against Haris junior 14.3.2018 deccanherald.com
Based on a complaint by BBMP revenue officials, the Bangalore Metropolitan Task Force (BMTF) has filed a first information report (FIR) against Mohammed Haris Nalpad and 17 others in connection with a land grabbing case. The FIR that was registered on February 23 says that Mohammed and 17 others encroached upon three acres and 29 guntas of land near KPCC head office in Vasanth Nagar. The complaint was filed by Vasanth Nagar revenue inspector Seetharam and revenue officer Lingaiah. Files being verified A BMTF official said they are verifying documents after which action would be taken. BMTF ADGP Prashant Kumar Thakur told DH that the BBMP commissioner had registered complaints of encroachment of 33 properties in Millers Tank Bund. Mohammed is accused of encroaching upon one of these properties. "We are verifying documents and the accused have to produce their documents. It has been three weeks since the complaint was filed before the BMTF and we are investigating," Thakur said. Mohammed is in judicial ...
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HC stays proceedings of land grabbing special courts 14.3.2018 deccanherald.com

The High Court of Karnataka on Wednesday stayed proceedings of the Karnataka Land Grabbing Prohibition Special Courts.

A division bench comprising Chief Justice Dinesh Maheshwari and Justice P S Dinesh Kumar was hearing a batch of 39 petitions challenging the constitutional validity of the Karnataka Land Grabbing Prohibition (KLGP) Act, 2011.

The court also directed all the parties to maintain status quo and adjourned the matter for hearing to April 4.

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ED to probe scam duping investors through Bitcoin Ponzi scheme 14.3.2018 General News
The Maharashtra governmenttoday said the Enforcement Directorate (ED) would probe the alleged scam of duping investors to the tune of Rs 2,000 crore with Ponzi marketing schemes through the GainBitcoin website. In this connection, a lookout notice has been issued for GainBitcoin founder Amit Bhardwaj, who has fled the country, Minister of State for Home Ranjit Patil said. A case was also filed at a police station in Nanded on January 24, 2018 in connection with the scam, he said. Patil was replying toa discussion on the issue raised through a Calling Attention notice by Rahul Kul (of the Rashtriya Samaj Paksha) and others. "The matter of duping of several investorswith Ponzi schemes through Gainbitcoin website would be probed by the ED," the minister said. He said Bhardwaj and his associates allegedly duped investors to the tune of Rs 2,000 crore in Mumbai, Pune, Nanded, Kolhapur and other places in the state. "The main accused, Bhardwaj, has fled the country and a ...
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Police form 3 teams probe investment fraud 12.3.2018 Deccan Herald - City
A day after the Banashankari police arrested Raghavendra Srinath, director of Vikram Investments, for duping 800 people of Rs 300 crore, 66 investors thronged the police station to file complaints with copies of investment proofs. DCP (South) S D Sharanappa said that considering the seriousness of the fraud, three special teams have been formed to probe the scam and investigations are on. A senior police officer said that the police have seized 12 bank accounts and two cars of the accused. They are also on the lookout for Srinaths wife, who is one of the directors of the company. The police said Srinath has confessed that he had taken huge sums of money from many people and duped them after promising them high interest rates by investing in foreign commodities and shares. The police sought the help of private accountants to check the details of the company, including its transactions and investments. A senior police officer said that Srinath used to frequently travel to Malaysia and suspect that he may ...
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Karnataka Lokayukta Justice Vishwanath Shetty has held multiple high-profile posts, faced encroachment allegations 7.3.2018 Latest News India on Firstpost
Karnataka Lokayukta Justice P Vishwanath Shetty, the anti-corruption watchdog, was stabbed in his Bengaluru office on Wednesday.
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With Kheny in Cong ship, action unlikely on BMIC 'scam' report 6.3.2018 deccanherald.com
Bidar South MLA and businessman Ashok Kheny joining the ruling Congress seems to be the final nail in the coffin as far as the legislature committee report on irregularities in Bangalore-Mysore Infrastructure Corridor (BMIC) project is concerned. Kheny is the Managing Director of Nandi Infrastructure Corridor Enterprise Limited (NICE), the promoter of the controversial project. In December 2016, an 11-member panel headed by Law Minister T B Jayachandra found large-scale irregularities in the implementation of the project and recommended its take over by the state government. The committee sought a probe by the Central Bureau of Investigation (CBI) or the Enforcement Directorate (ED) into shortcomings in the project implementation. The report is likely to be kept on the back burner. The Congress is unlikely to implement any of the recommendations of the report even if it comes back to power as Kheny has now got the backing of party strongman D K Shivakumar. It is another matter that Kheny has good ...
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450 firms, PSU banks, Infosys, IT-employees, and Rs 3200 crore - Case of budding Nirav Modis? 6.3.2018 Sify Finance
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I-T Dept probes Rs 10-bn tax refund fraud by govt and PSU employees 5.3.2018 Latest News
I-T wing identifies over 18,000 revised returns, claiming false refunds in Mumbai, Bengaluru
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Upalokayukta for probe into Davangere Bhadra Sugars auction scam 2.3.2018 Deccan Herald - News
Upalokayukta has recommended a criminal investigation into the auction sale of Bhadra Co-operative Sugar Factory in Davangere. The enquiry held by the Upalokayukta Justice Subhash B Adi also recommended to cancel the auction sale of the factory, worth Rs 150 crore, including 188.58 acres of land and machinery. The complaint before the Upalokayukta stated that the sale officer and recovery officer representing the cooperative bank, which had lent loan to the factory, closed the auction sale on January 27, 2017 in favour of Davanagere Zilla Kabbu Belegarara Raithara Sangha for a paltry Rs 54 crore. Upalokayukta had directed deputy commissioner and SP (Lokayukta) Davangere to hold a joint enquiry into the auction sale. The factory is situated at Doddabathi, around five kms from Davangere town. The auction sale process was taken up without informing the Karnataka Industrial Areas Development Board (KIADB), despite the latter raising objections. The base price for the auction was set at Rs 150 crore. The ...
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