Roshan Baig gets conditional bail in multi-billion IMA scam case

News Network
December 5, 2020

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Bengaluru, Dec 5: Former Karnataka minister Roshan Baig has been granted conditional bail by a special CBI court in the multi-billion I-Monetary Advisory (IMA) Ponzi scam. He is the 36th accused in the case.

Baig was arrested by CBI on November 22 and a raid was conducted at his residences the next day. In the bail order, the judge ordered to surrender his passport and also directed to appear before CBI officials whenever required. Shashikiran Shetty who appeared for Roshan Baig argued that CBI had taken Roshan Baig into custody and have questioned. Also, Baig has co-operated with CBI officials for investigations.

The ex-minister is accused of taking a kickback of Rs 400 crore from IMA Group’s founder-director Mohammed Mansoor Khan. The scam is worth Rs 4,000 crore and over 50,000 investors have been cheated, according to CBI.

Baig’s name emerged when the scam surfaced nearly 18 months ago. Khan, who had fled the country and was arrested later on his return from Dubai in July 2019, has claimed he paid crores of rupees as bribes to state politicians and several other government officials.

In mid-2019, police found documents in which a key associate of Khan had recorded payments made to politicians, policemen and government officials. It showed Baig as a key recipient of funds.

Officials said Baig will be made to confront Khan and BDA official PD Kumar on Thursday. According to CBI sources, the digital hard drive seized from Khan has a list of people to whom he paid bribes and they are going through it. Khan had informed directors of IMA Group about the bribes paid through email, which has been accessed by CBI.

Besides state government employees and IPS officers, some central investigating agency officials are also on CBI’s radar, an official said.

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News Network
January 10,2025

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Barakah International School and College is organizing a unique parenting workshop aimed at equipping parents with essential skills in various aspects of parenting. The event will take place at Barakah Auditorium, Ayar, on Thursday, January 16, 2025, at 6:30 PM.

This session will cover three crucial aspects of parenting:

Motivating Your Child to Excel in Academics: Presented by Sharfuddin B.S., Principal of Barakah International School and College and an internationally acclaimed motivational speaker.

Parenting in the Modern Age: Delivered by Mr. Saif Sultan, a renowned motivational speaker and Chairman of the Hope Foundation.

Parenting Skills to Instill Islamic Values: Led by Mohammad Haneef, Principal of the Islamic Department at Barakah International School and a well-known Khateeb.

The workshop will conclude with a Q&A session, providing participants the opportunity to gain deeper insights from the experts.

The program is free of cost and open to both parents, subject to prior registration. Maghrib and Isha prayer arrangements will be available, and refreshments will be served at the end.

Interested participants are encouraged to register at the earliest to secure their slots via the following Google Form:

https://forms.gle/mKxsr4A1UGrpo7DJ9

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News Network
January 8,2025

Bengaluru: In a sweeping anti-corruption operation, the Karnataka Lokayukta conducted simultaneous raids on the properties of eight government officials across eight districts on Wednesday. The raids, part of ongoing investigations into disproportionate assets cases, targeted over 20 locations linked to these officials.

According to Lokayukta sources, the coordinated operation spanned Bengaluru, Mandya, Bidar, Belagavi, Tumakuru, Gadag, Ballari, and Raichur. Properties of the following officials were under scrutiny:

Shobha – Joint Commissioner, Bengaluru Transport Department

S. N. Umesh – Health and Family Welfare Officer, Kadur

Ravindra – Inspector, Minor Irrigation and Groundwater Development Sub-Division, Bidar

Prakash Sridhar Gaikwad – Tahsildar, Khanapur

S. Raju – Retired RTO Officer, Tumakuru

Huchesh alias Huchappa – Assistant Executive Engineer, Gadag Municipality

R. H. Lokesh – Welfare Officer, Backward Class Department, Ballari

Huliraja – Junior Engineer (Electric), Raichur

Lokayukta officials are thoroughly examining documents, assets, cash, and other valuables found during the raids.

This operation is the Lokayukta’s first major crackdown in 2025. Notably, on December 12, the watchdog had unearthed disproportionate assets worth Rs 48.55 crore in raids on properties belonging to 10 government officials.

The Lokayukta’s intensified efforts signal its commitment to curbing corruption and ensuring accountability among government officials.

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News Network
January 7,2025

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New Delhi, Jan 7: Fifty-three people were killed after an earthquake of magnitude 7.1 hit Tibet near the Nepalese border today, news agency AFP said quoting Chinese media Xinhua. The tremors of the earthquake were felt in several parts of India, including Bihar, Assam and West Bengal.

The epicentre of the earthquake was in Tingri county in Shigatse city. Tingri is about 400 km southwest of Tibet's capital Lhasa and is on the border with Nepal. It is a tourism hub for those visiting Mount Everest. 

According to the National Centre for Seismology (NCS), the earthquake was recorded at 6:35 am. NCS data reveals that two more earthquakes hit the region shortly after the first one. 

The second earthquake of magnitude 4.7 was recorded at 7:02 am at a depth of 10 km and the third earthquake of magnitude 4.9 at 7:07 am at a depth of 30 km. 

Nepal is nestled in a geologically active region, where the Indian and Eurasian tectonic plates collide, forming the Himalayas and making earthquakes a frequent occurrence. In 2015, nearly 9,000 people died and more than 22,000 were injured when a 7.8-magnitude quake struck Nepal, destroying more than half a million homes.

The tremors were particularly felt in Bihar where people were seen outside their houses and apartments. There have been no reports of any damage to property because of the earthquake.

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