Mangaluru: 4 employees of cash transfer firm vanish with bank’s Rs 7.5 cr

[email protected] (CD Network)
May 12, 2017

Mangaluru, May 12: Four employees of a cash transportation firm, who were tasked with ferrying Rs 7.5 crore from Yeyyadi branch of Axis Bank in Mangaluru to the bank’s Koramangala branch in Bengaluru on Friday, have gone missing with the money.

securitymen

The employees of Sis Prosegur Holdings, a logistics company, left with Rs 7.5 crore in a Mahindra Bolero for Bengaluru at 8.30 am on Thursday but did not reach the state capital tillFriday morning. The car was found abandoned at Arasu Kallahalli in Hunsur taluk of Chamarajanagar district on Friday evening.

Sis Prosegur Holdings chief Sachin filed a complaint at the Kankanady police station against the security guards, Basappa, Poovanna, custodian Parashuram and driver Karibasava. Their mobile phones have been switched off.

A police source said it was too early to say whether more people were involved in the daring heist. Bheemayya, the younger brother of Poovanna, who works as an office assistant in the Bengaluru branch of the security agency, has also gone missing. The siblings are said to be cousins of Basappa.

In a statement, a spokesperson for Axis Bank insisted that the cash transfer systems and processes of the bank were “robust and fully compliant with existing regulations”. “In this incident, the cash was being transferred by Sis Prosegur Holding Pvt Ltd, a cash transfer agency, and the amounts being transferred were fully insured. Neither the van in question nor the staff involved belonged to the bank,” the statement read.

Mangaluru Police Commissioner M Chandra Sekhar has formed a special team under ACPs Shruthi N S and Valentine D’Souza to crack the case.

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News Network
March 19,2024

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Bengaluru, Mar 19: Former Karnataka Chief Minister Basavaraj Bommai on Monday said that the Congress will split in three months after the upcoming Lok Sabha polls and its impact will be visible on the Siddaramaiah-led state government.

"Due to internal squabbles, the state government will not last long," the BJP leader said.

Talking to reporters on Monday, he said the sitting MP from the Gadag-Haveri constituency, Shivakumar Udasi, has done a lot of development work and implemented the Central government's schemes effectively.

"Prime Minister Narendra Modi will surely become the PM for the third time. The overall response has been good in the Gadag-Haveri Lok Sabha constituency," the former Karnataka chief minister said.

Asked if he was contesting the election in a half-hearted manner in the Gadag-Haveri seat, Bommai said "such a question does not arise when the party's high command gives instructions".

He said he would respect his opponent and not take anyone lightly. 

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News Network
March 27,2024

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Hassan: Former Prime Minister and JD(S) supremo H.D. Deve Gowda has announced that his son, former Karnataka Chief Minister H.D. Kumaraswamy will contest from state's Mandya parliamentary seat as NDA candidate.

Deve Gowda told reporters on Tuesday that the decision to field Kumaraswamy, who is also JD(S) state president, in Lok Sabha polls from the Mandya seat was taken amid mounting public demand. "People are demanding that Kumaraswamy should contest from Mandya. In the core committee meeting as well, all members suggested that he should contest from Mandya," Deve Gowda said.

The former Chief Minister's son Nikhil Kumaraswamy had lost to independent candidate Sumalatha Ambareesh from Mandya in the 2019 Lok Sabha polls.

The JD(S) supremo further said that the name of senior leader Mallesh Babu has been finalised from the Kolar seat.

Deve Gowda's grandson and former Karnataka Minister H. D. Revanna's son sitting JD(S) MP Prajwal Revanna will be contesting as the NDA candidate from the Hassan seat.

Earlier in the day, Kumaraswamy in a media briefing indicated that he would contest from Mandya amid mounting public pressure on him.

Congress has fielded Venkatarame Gowda popularly known as ‘Star Chandru’ from the Mandya seat dominated by Vokkaligas. Star Chandru is a close associate of Deputy Chief Minister D.K. Shivakumar.

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News Network
March 22,2024

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Bengaluru, Mar 22: An FIR has been registered against BJP MP Tejasvi Surya over a provocative hate post on social media, Election Commission officials said on Friday.

The move comes after a complaint filed by officials of the poll body and Bruhat Bengaluru Mahanagara Palike (BBMP) that the Bengaluru South MP, who is also the President of Bharatiya Janata Yuva Morcha, had in a post apparently targeted a minority and spread enmity between two communities.

He also made a similar post on March 19 on X and YouTube which went viral. He has 1.3 million followers on X, thereby influencing the voters and disturbing the communal harmony between the communities, it further alleged.

Based on the complaint, an FIR was registered at Halasuru Gate police station on March 20 under sections 153 A (promoting enmity between different groups on grounds of religion, race, place of birth, residence, language, etc., and doing acts prejudicial to maintenance of harmony), 295 A (Deliberate and malicious acts intended to outrage religious feelings of any class by insulting its religion or religious beliefs) of the Indian Penal Code and the Representation of the People Act, the officials said.

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