Mohammed Mansoor Khan gets bail in IMA scam

News Network
October 29, 2020

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Bengaluru, Oct 29: The high court granted conditional bail to Mohammed Mansoor Khan, main accused in the multi-crore IMA ponzi scam of which money laundering is being investigated by the Enforcement Directorate.

He, however, will remain in jail as he is yet to get bail in the main case which is under CBI probe. Mansoor has been in judicial custody since August 1, 2019.

Mansoor had approached the HC after the trial court rejected his bail petition in the ED case a couple of months ago. He said he had come to India voluntarily, surrendered to police and cooperated with the investigation which is now complete. He claimed he has surrendered his passport as well.

Considering these facts, Justice Srinivas Harish Kumar allowed his bail petition on October 19. The judge directed Mansoor to furnish a bail bond for Rs 5 lakh and two sureties for like sum.

Mansoor has to regularly appear before the trial court till conclusion of trial and mark his attendance every fortnight at the office of Directorate of Enforcement, Bengaluru. The court stipulated that Mansoor should not alienate any of his properties till conclusion of trial and if the need arises, he should disclose the purpose to the trial court which in turn will impose conditions for it.

Mansoor claimed he has been suffering from hypertension for a long time. He's also suffering from a heart ailment and has been diagnosed with unstable angina coronary artery disease and 100% blockage. He's also suffering from spine degenerative spondylosis.

He claimed that if released on bail, he could get better treatment in a hospital of his choice.

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News Network
January 3,2025

Karnataka's Urban Development Minister, BS Suresha (Byrathi), has initiated a detailed investigation into ₹5,527 crore worth of projects executed under Prime Minister Narendra Modi’s flagship Smart Cities Mission in six cities of the state.

The minister expressed dissatisfaction with the quality of work in Belagavi, Davangere, Hubballi-Dharwad, Mangaluru, Shivamogga, and Tumakuru. To ensure accountability, Suresha announced the formation of a committee comprising experts from universities and the Indian Institute of Science. The committee will assess the projects and submit its findings within three months.

Bengaluru, however, is excluded from the probe as it falls under the jurisdiction of Deputy Chief Minister DK Shivakumar.

Launched in 2015, the Smart Cities Mission aims to enhance urban infrastructure across 100 cities in India, funded jointly by the central and state governments. Karnataka has spent ₹6,405 crore under this mission, including ₹877.72 crore in Bengaluru.

"Most of the funds have been allocated to roads, drainage, and park maintenance," Suresha lamented in a statement. "The focus should have been on creating permanent infrastructure such as smart schools, hospitals, libraries, and bus stands."

Suresha pointed out that, on average, each Smart City in Karnataka received ₹990 crore, with spending patterns revealing 36% on roads, 8% on energy, 2% on education, 2% on healthcare, and 5% on sports. He criticized this distribution, emphasizing that projects under the mission should have developed long-lasting government assets instead of temporary solutions like roads and drains.

With the mission slated to conclude in March 2025, Suresha urged the remaining funds to be directed towards constructing world-class smart schools. "This will enable children from economically weaker sections to access quality education," he said.

The minister also revealed that he had received multiple complaints from elected representatives about substandard work, particularly in Belagavi, Hubballi-Dharwad, and Shivamogga. The probe, he assured, will prioritize transparency and accountability.

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News Network
January 18,2025

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Israel’s Unit 8200 is a secretive cyber warfare team that is said to be building the artificial intelligence (AI) systems that helped the regime commit the genocide against Palestinian people in the Gaza Strip. According to a report, Unit 8200 is building AI systems for global tech and AI companies.

Former Unit 8200 members who specialize in AI, machine learning and big data are working for Meta, Google, Apple, Amazon, Microsoft, Open AI and Nvidia, which is an AI company determined to be the biggest in the world, the ¡Do Not Panic! website reported on Friday.

Former Unit 8200 spies specializing in AI are based worldwide, from San Francisco to New York, Spain to Switzerland, and London to Jerusalem al-Quds.

The report also said that AI leaders from Unit 8200 are now working for AI start-ups or heralded by corporate media as the next generation of AI.

The report revealed that most of these AI people have expressed support for Israel’s genocidal war against the people in Gaza. It was also exposed that not a single person from these people ever voiced opposition to Israel’s mass murder in Gaza.

Advocacy groups have also said AI and machine learning is central to the architecture of occupation and apartheid established before the genocidal Gaza campaign, from the use of facial recognition technology, and AI-directed guns at checkpoints, to spy apps known as ‘Blue Wolf’ and ‘Red Wolf’.

According to another report published in November last year, Israel has been employing an AI firing system jointly manufactured by an Indian arms company during its genocide in Gaza.

Citing documents and news reports, the Middle East Eye (MEE) news portal reported on November 20 that the occupation forces have been using the Arbel system since the beginning of the Israeli regime’s bloody war on Gaza.

Arbel was unveiled at a defense expo in Gandhinagar in the Indian state of Gujarat in October 2022 as a co-venture between Israeli Weapons Industries (IWI) company and India’s Adani Defense & Aerospace.

At the time, several Indian media described it as “India’s first AI-based firing system.”

In April 2024, IWI introduced Aber as a new “computerized small arms system” designed to increase combat lethality.

India, which is the largest purchaser of Israeli weapons, has in recent years become a major co-producer of Israeli weapons.

Israel unleashed its bloody Gaza onslaught on October 7, 2023, after the Hamas resistance group carried out its historic operation against the usurping entity in retaliation for the regime’s intensified atrocities against the Palestinian people.

The Tel Aviv regime has so far killed at least 46,788 Palestinians, mostly women and children, and injured 110,453 others, according to the Gaza Health Ministry.

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News Network
January 9,2025

Mangaluru: In a significant development, Mescom has proposed a phased electricity tariff hike starting with Rs 0.70 per unit for the fiscal year 2025-26. The proposal has been submitted to the Karnataka Electricity Regulatory Commission (KERC) for approval, signaling a potential increase in electricity costs for consumers.

Mescom emphasized that the current tariff structure is insufficient to meet operational expenses and manage revenue effectively. To address this, the company has invited public objections to the proposed hike.

Currently, the electricity supply cost is Rs 9.23 per unit, while the consumer tariff stands at Rs 8.53 per unit, leading to a shortfall of Rs 0.70 per unit. For the financial year 2023-24, Mescom reported revenue of Rs 5,924.73 crore against an expenditure of Rs 6,310.39 crore, resulting in a deficit of Rs 367.66 crore. For the 2025-26 fiscal year, projected revenue is Rs 5,850.81 crore, with an actual requirement of Rs 5,961.63 crore, creating a deficit of Rs 110.82 crore.

In a first, Mescom has submitted a multi-year tariff revision proposal to KERC. The plan outlines a hike of Rs 0.70 per unit for 2025-26, followed by Rs 0.37 per unit for 2026-27 and Rs 0.54 per unit for 2027-28.

"An increase in electricity tariff is inevitable," stated Jayakumar R, Managing Director of Mescom. "Mescom has submitted a proposal in this regard to KERC."

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