ED arrests ponzi company MD Misbah Mukarram for allegedly defrauding people

News Network
November 17, 2022

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Bengaluru, Nov 17: The Directorate of Enforcement (ED) has arrested the managing director of Injaz International, Misbahuddin S alias Misbauddin S Mukarram under the Prevention of Money Laundering Act (PMLA), 2002. The accused had allegedly cheated people of huge funds in a Ponzi scam.

According to ED officials, during the investigation of the scam, they found that the accused had cheated the investors by siphoning off huge sums of money after luring depositors with promises of high returns against their investment. 

A special PMLA court on Thursday remanded Misbahuddin in ED custody till November 19. 

ED had initiated a money laundering investigation on the basis of an FIR registered against M/s Injaz International and associated Group located at Bengaluru under sections of Prize Chits and Money Circulation Schemes (Banning) Act, 1978 and Chit Funds Act, 1982 and under section 420 of IPC by Wilson Garden Police Station in September 2017.

The then revenue inspector of Yelahanka taluk tahsildar's office, Ananth Padmanabha, had filed a complaint with the police against Injaz International stating that a probe was conducted after the 42nd State-level coordination committee meeting. The company had taken deposits from thousands of investors promising them high returns and cheated them. The case was transferred to CCB. Misbahuddin was arrested by CCB in 2019 for cheating people to the tune of Rs 250 crore. 

The ED found that M/s Injaz International is a partnership firm that was run by Suhail Ahamed Shariff and Misbahuddin S. M/s Injaz International accepted deposits from investors, cheated them and violated RBI guidelines. M/s Injaz International ran investment schemes by luring depositors with promises of high returns since the year 2016. The money was routed through multiple bank accounts, the firm had not done audits or had filed ITR returns.

M/s Injaz International diverted the amount from depositors to various individuals including its partners and related entity M/s Injaz Builders and Developers. Further investigation is on. 

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News Network
December 31,2024

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From shocking sex scandals to high-profile scams and intense factional power struggles, Karnataka's political landscape in 2024 played out like a gripping thriller. The state's three dominant parties—Congress, BJP, and JD(S)—found themselves entangled in controversies, scandals, and unexpected alliances, keeping the political stage turbulent throughout the year.

Shocking Hassan Sex Scandal Hits JD(S)
The JD(S) faced a monumental crisis with the Hassan sex scandal involving its MP Prajwal Revanna. Allegations of sexual exploitation surfaced through pen drives containing incriminating videos, sending shockwaves across the nation. Revanna fled the country but was arrested on May 31 upon his return. The scandal not only embarrassed the JD(S) but also led to the party losing its stronghold in Hassan, a seat it had held since 1999.

Congress' Struggles with Scams and Infighting
The Congress, riding high after its 2023 Assembly poll victory, faced a series of setbacks. Chief Minister Siddaramaiah’s reputation as “Mr. Clean” was tarnished by allegations in the MUDA site-allotment scam, for which he is under court-ordered investigation. The Maharshi Valmiki Scheduled Tribes Development Corporation Limited scam also led to the resignation and arrest of Minister B Nagendra.

Adding to the Congress' woes, the BJP spotlighted a controversial marking of farmers' lands as Waqf properties, further intensifying the political storm. However, the Congress bounced back by sweeping three critical by-elections in Channapatna, Shiggaon, and Sandur, silencing critics and bolstering support for its flagship guarantee schemes.

BJP-JD(S) Alliance: A Rocky Path
The BJP and JD(S), forced into an alliance after 16 years, saw relative success in the 2024 Lok Sabha polls. While the BJP won 17 of the 25 seats it contested, the JD(S) secured two seats, enabling its state president H D Kumaraswamy to join the Modi 3.0 Cabinet.

However, the BJP faced its own internal strife, with factional tensions erupting after the appointment of B Y Vijayendra, son of B S Yediyurappa, as the state party president. MLA Basanagouda Patil Yatnal openly criticized Vijayendra’s leadership, earning a show-cause notice. Adding to the BJP’s troubles were sexual assault allegations against Yediyurappa and MLA Munirathna, which tarnished the party's image.

Power Tussle within Congress
Deputy Chief Minister D K Shivakumar’s ambitions for the top post grabbed headlines after a controversial interview where he hinted at an "agreement" for chief ministership. While Chief Minister Siddaramaiah denied such an arrangement, Shivakumar’s comments reignited debates about factionalism within the Congress.

Legislative Drama and Bitter Exchanges
The year ended with heated debates in the Belagavi session. The BJP cornered the Congress on the Waqf land issue, while Congress countered with statistical defenses. Tensions flared when Women and Child Development Minister Laxmi Hebbalkar accused BJP leader C T Ravi of using derogatory language against her, leading to Ravi's arrest and subsequent bail.

Karnataka in 2024 was a year of intense political drama, marked by scandals, power struggles, and shifting alliances—offering a preview of the state's evolving political dynamics in the years to come.

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News Network
December 29,2024

Mangaluru: Karnataka Legislative Assembly Speaker and Mangalore MLA U T Khader announced two ambitious bridge projects sanctioned by the Cabinet for Mangalore constituency, aimed at reducing traffic congestion on NH 66 and promoting tourism in the region.

A new bridge, parallel to the Nethravathi bridge, will connect Kotepura to Bolara at an estimated cost of ₹200 crore. Spanning 1.5 km, it will be one of the longest bridges in the region. A consultant appointed by the Public Works Department (PWD) is currently preparing the Detailed Project Report (DPR). Khader explained that Kotepura, once a hub of business activities before the construction of the Nethravathi bridge, will regain its prominence with the new project.

“The 12-meter-wide bridge will offer breathtaking views of the Arabian Sea, designed to enhance the experience for commuters. Once completed, it is expected to reduce 50% of the traffic on NH 66 via Pumpwell, as residents from areas like Bunder, Kudroli, and Bolar will use this route. Additionally, plans are underway to develop a scenic seaside road from Kotepura to the Kerala border, boosting tourism,” Khader elaborated.

The second bridge, connecting Sajipa Nadu to Thumbe at a cost of ₹62 crore, is set to benefit residents from Arkula, Meramajalu, and Thumbe. Presently, residents from Sajipa must travel via Melkar and Bantwal to reach Thumbe. “This bridge has been a long-standing dream of mine, and I had placed the proposal before the Chief Minister even before becoming the Speaker,” he added.

Addressing concerns about the difficulty faced by residents crossing the railway line between Thokkottu and Olapete, Khader revealed that a footbridge has been proposed, and funding is ready, awaiting railway approval.

On other topics, Khader responded to a query about the Special Investigation Team (SIT) probing allegations against RR Nagar BJP MLA Munirathna. He stated that the matter would be discussed with the Assembly secretary. Regarding an MLC C T Ravi's controversial remark, Khader expressed regret and assured that the Council Chairman would address the issue.

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Media Release
December 23,2024

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The Shepherds’ International Academy celebrated its Annual Day on 18/12/2024 at Town Hall with great enthusiasm and spirit. The theme, Essence of Life, focused on fostering moral values, life skills, and holistic development among students, aiming to instill in them the values of kindness, responsibility, and gratitude.

The Chief Guest, Dr. Santosh Soans, a renowned pediatrician and former President of the Indian Academy of Pediatrics, was welcomed, along with other dignitaries, by the Head Boy Maaz and Head Girl Amal of the school.

The program commenced with a warm welcome by the Master of Ceremonies, Ms. Swathi Arshekar, followed by the Principal, Ms. Lubna Banu, addressing the gathering.

A special tribute was paid to the late visionary leader, Mr. Ahmed AK, and advisor, Mr. S.M. Basheer, whose guiding principles continue to inspire the school. Quoting the leader’s words, the Chief Guest, Dr. Soans, said, “We took so much from society; now it’s time to give it back to society.” He emphasized how these words formed the foundation of the school and encouraged everyone to carry forward this vision of service and responsibility.

The Chairman, Ar. Mohammed Nissar, shared his thoughts on the late leader’s enduring legacy, reaffirming the institution’s mission of holistic education that integrates academic excellence with strong ethical values.

The cultural program was a vibrant celebration of the theme Essence of Life, showcasing various values through engaging and meaningful performances.

The theme Essence of Life was designed to inspire students and the audience to reflect on the fundamental principles that give life its true meaning. It emphasized the significance of living a balanced and purposeful life, grounded in strong moral and ethical values. Key aspects of the theme included nurturing family bonds, expressing gratitude, conserving resources, and practicing mindfulness. The school’s aim was to create a foundation of values that would shape students into compassionate, responsible, and well-rounded individuals, ready to make a positive impact on the world.

A welcome note was given by Zahaa, followed by The MCs—Areen Ahmed Shareef, Sharah Syed, Mohammed Ibrahim, Khatija Aleena, Tisha, and Ahsan Hassan T—set the stage by entering with a seed of goodness, a symbolic act where a fruit was added to a tree after each performance, representing the values instilled through the acts.

The cultural program began with “We Are All Amazing” A lively action song celebrating self-worth and individuality by Montessori 1.  Also a skit, celebrating the love, unity, and strength of family bonds, titled Humara Pyaara Parivar. “TED Talk” A thought-provoking talk by a student of Mont 2 Iqra Abdulla on Being Bored is healthy. “Skit on the Right Path” A dramatic performance highlighting the significance of making ethical and moral decisions. “Kindness act” A heartfelt gratitude to the Helping ladies of school. 

The Annual Day celebration was a true reflection of The Shepherds’ International Academy’s mission to nurture well-rounded, value-driven individuals. The theme Essence of Life was seamlessly integrated into every performance, leaving a lasting impression on the audience about the importance of living a life guided by values, responsibility, and service.

The event was a resounding success, showcasing the creativity and talent of students while delivering a strong message about moral values and community service.

The Shepherds’ International Academy remains committed to fostering learners who excel academically and ethically, making a positive impact on the world.

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