IMA ponzi scam | Roshan Baig's properties will be attached: Govt tells HC

News Network
June 26, 2021

Bengaluru, June 26: The government of Karnataka has informed the High Court that it is in the process of identifying the properties of former minister Roshan Baig for attachment in connection with the I Monetary Advisory (IMA) scam case.

The government stated that prima facie it has found that Baig has played a key role in promotion of the IMA group, its business activities and has also obtained financial gains.

In the affidavit filed before a division bench headed by Chief Justice Abhay Shreeniwas Oka, Principal Secretary to Revenue department R Manjunath Prasad has stated that a notification to attach the movable and immovable properties of Baig will be issued under the Karnataka Protection of Interest of Investors in Financial Establishments (KPID) 2004. The affidavit stated that a communication had been sent to the competent authority under the KPID Act in the IMA case on May 4, 2021 and a reminder on June 14, 2021 for sending a report after identifying the assets.

“Further, the Commissioner of BBMP as well as Deputy Commissioner, Bengaluru Urban and Deputy Commissioner, Bengaluru Rural district have also been intimated to identify the properties belonging to ex-MLA R Roshan Baig and send the report back to government immediately,” the affidavit said.

It could be recalled that the court had directed the state government to reconsider its stand on attachment of properties of Roshan Baig. This direction was passed after the government maintained that its officers were not well acquainted in such matters, especially when assets concern people not linked to the administration of the company.

The court had directed the state government to act in accordance with section 3 of the Karnataka Protection of Interest of Depositors in Financial Establishments (KPID) Act for attachment of properties of directors and also assets procured out of the money of the depositors. The state government has now said that a notification for attachment of properties as per Section 3 of the KPID Act will be issued as soon as it gets details of the properties.

The bench posted the matter to July 7 for further consideration. The court said it will also take up the issue of Rs 12.82 crore donation made by IMA group to V K Obaidulah Government School in Shivajinagar. The court had directed the state government to take a decision on reimbursement of this amount to the competent authority. In response, the Department of Primary and Secondary Education has informed that the amount received as donation/gift cannot be paid back. 

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News Network
January 8,2025

Mangaluru: Air India Express (AIE) has postponed its much-anticipated direct flight service between Mangaluru International Airport (MIA) and Singapore, citing low bookings. Passengers who had booked tickets for the inaugural flight scheduled for January 21 and subsequent dates have been notified of the cancellation through email.

In its email, AIE assured passengers of alternative travel arrangements, including connecting flight options between MIA and Singapore. However, the decision to delay the direct service has left travelers and travel agents disappointed.

An AIE official attributed the postponement to operational challenges but clarified that the airline has not abandoned plans for the route. “We are committed to starting the service, but there is no immediate confirmation on the new launch date,” the official stated. He further explained that sustaining a route requires consistent demand, and seasonal travel alone is insufficient to justify operations.

Another AIE representative admitted that the number of bookings for the inaugural flight was below expectations but declined to disclose specific figures.

Rajesh H Acharya, director of HQ Connections Pte Ltd in Singapore and coordinator of the Singapore Tuluver community, expressed his disappointment. Acharya, who has been advocating for a direct flight between Mangaluru and Singapore since 2017, said, “After years of effort, we finally convinced the airline to start this service, but it has now been deferred.”

Taking to X (formerly Twitter), Acharya posted: "Did not expect such behavior from @AirIndiaX, now owned by @TataCompanies & @SIAirlines. If there are issues, travelers deserve to be informed well in advance. This decision needs investigation at the highest level."

The delay has raised questions among the travel community, with many hoping the airline will address these concerns and provide a clear timeline for the launch of the Mangaluru-Singapore direct flight.

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News Network
January 4,2025

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Bengaluru, Jan 4: Kannada star Dr Shivarajkumar, son of Kannada film legend Dr Rajkumar, has been discharged from the hospital in Miami, US, following complete recovery from cancer, family sources confirmed on Saturday.

Nivedita, Shivarajkumar’s daughter, has shared a picture showing the actor and family in a relaxed mode. Sources further stated that Shivarajkumar will be in the US for follow-ups and resting for one month and he will be back for the shooting by Feb first or the second week.

Shivarajkumar is expected to begin shooting of the Telugu superstar Ramcharan-starrer pan India movie soon. 

Earlier, Shivarajkumar shared a video from the US on the first day of 2025, detailing his journey of overcoming cancer and assuring fans of his return.

In the video, he conveyed his New Year wishes to everyone and said, “I am hesitant to speak as I might get emotional at this moment. Leaving Karnataka was a very emotional experience for me. Under these circumstances, fear is inevitable, but the support of my fans has significantly reduced it.”

He continued, “The way the doctors took care of me, gave me immense courage. While shooting for the movie ‘45’, I underwent chemotherapy and even filmed the climax fight scene. As the date to leave for the US for treatment approached, I became anxious. However, my wife Geetha and daughter Nivedita stood by me throughout.”

“Dr Manohar, who treated me, cared for me like a child. My urinary bladder has been replaced, but there is no need for anyone to panic. I am doing well and will be back with double the energy. I thank all my fans for their unwavering support,” Shivarajkumar assured.

Geetha Shivarajkumar, his wife, who had appeared in the video alongside him, stated that all the medical reports had come back negative, and it was officially declared that Shivarajkumar is cancer-free. “He recovered because of the blessings of his fans, and I will never forget this,” she said.

The actor underwent surgery at a hospital in Miami, US, where his cancerous bladder was removed. According to the surgeon, Dr Murugesh Manoharan, an artificial bladder was created using Shivarajkumar’s intestine.

In November, Shivarajkumar had spoken publicly about his illness, acknowledging that he was human like everyone else. While he didn’t disclose it was cancer at the time, he said, “At the end of the day, I am a human being. I have a health issue and am currently undergoing treatment for it. I have completed a couple of treatment sessions, and a few more are pending. After that, I will undergo surgery, either in India or the US.”

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News Network
January 6,2025

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Journalist Mohammad Hijazi has been killed in an Israeli attack, raising the number of media workers killed by Zionist forces since the start of the war on Gaza to 220.

The Israeli regime forces killed the Palestinian writer, poet and journalist in an airstrike on northern Gaza’s Jabalia refugee camp, according to his family.

He was among nearly 90 other Palestinians killed in Israeli bombardment across the besieged territory in the last 24 hours, according to a Gaza Health Ministry statement on Sunday.

“I don’t know if I will write to you again. I keep what I have written and am writing. Maybe it will come to light one day. I refuse a cheap death. I curse the murderer,” Hijazi wrote in a post on social media in August 2023.

“Let us in this bottom that we have finally reached, arm ourselves with patience and prayer, and count the days we have lived as a historic achievement while awaiting what is coming with a broken heart, an extinguished eye, a head held high, and a spirit that fights until the end of the road.”

Since the Israeli killing machine imposed a military siege of northern Gaza in early October intensifying its bombing attacks on the the Jabalia camp, hundreds of people have been killed.

Gaza’s Health Ministry reported on Sunday that at least 88 Palestinians had been killed and 208 others injured in the past 24 hours alone.

According to media reports from central Gaza, among those killed in the latest Israeli strikes across Gaza on Sunday were three Palestinians who were living in a tent in Deir el-Balah.

A family of 15 people was also buried under the rubble in Gaza City, following a separate strike, media reported.

The Israeli regime launched its genocidal war on the Gaza Strip following a surprise operation by the Palestinian  Hamas resistance movement in October last year, killing more than 45,805 Palestinians and wounding 109,064 others.

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