ED attaches Kannada film producer's properties worth Rs 31-cr in fraud case

News Network
September 11, 2020

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Bengaluru, Sept 11: The Enforcement Directorate (ED) on Thursday attached assets worth Rs 31.35 crore in the Krantiveer Sangolli Rayanna Urban Co-Operative Society fraud case involving Sandalwood producer Anand Balakrishna Appugol under the Prevention of Money Laundering Act, 2002 (PMLA).

Appugol has produced the super hit Kannada movie "Sangolli Rayanna" starring Kannada super star Darshan.

Krantiveer Sangolli Rayanna is an iconic freedom fighter from Belagavi district, who along with the famous Kitturu Rani Chennamma fought the Brtishers. The Kitturu principality is located in Belagavi district bordering Maharashtra, which is 500 km from Bengaluru.

According to the press release issued by the department, the ED attached 31 immovable assets and balances in 32 bank accounts amounting to Rs 31.35 crore of Appugol, the Chairman of Krantiveer Sangolli Rayanna Co-Operative Society, and his associates under the PMLA.

The note further added that the ED initiated investigations under the PMLA based on the FIR registered by the Khadebazar Police Station, Belagavi City, in 2017 against Anand Balakrishna Appugol, Chairman of Krantiveer Sangolli Rayanna Co-Operative Society, and 15 others for embezzling more than Rs 232.69 crore collected from more than 1,300 members through fixed deposits by promising them high rate of interest ranging from 12 to 16 per cent per annum.

The note claimed that the accused did not return the money to the public in time and committed breach of trust and cheated the public at large.

The ED note added that the investigation under PMLA revealed that during the period between 12.08.2017 and 01.09.2017, Anand Appugol, Chairman and Managing Director, Board of Directors, Krantiveer Sangolli Rayanna Co-Operative Society, colluded with others to divert funds and large sums collected from the gullible investors.

"These funds were further layered into immovable properties in the name of accused Anand Appugol and others. Investigation conducted so far lead to the identification of the proceeds of crime in the form of 31 immovable properties consisting of agricultural land, commercial complexes, house etc. in Belgavi district, held in the name of Anand Appugol, his wife Prema Appugol and Shivmurthy Chivgol, both directors, Mahantesh Angadi, assistant secretary of the society, and Sanjay Patil, a close associate of Anand Appugol, and others.

"These identified immovable assets along with balances lying in 32 bank accounts have been provisionally attached under PMLA," the note said.

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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 9,2025

Mangaluru: Establishing a Beary Development Corporation is a valid demand, but its implications must be carefully studied, remarked Speaker UT Khader. He proposed forming an expert committee to evaluate the corporation’s potential impact on the Beary community during a district-level conference of the Beary-speaking community, organized by the Akhila Bharata Beary Mahasabha at Kudmul Ranga Rao Town Hall on Wednesday.

Khader expressed concerns over inefficiencies in existing government-established corporations, such as unfilled leadership positions, lack of appointed members, and insufficient funding. “The Beary Development Corporation must avoid similar pitfalls,” he emphasized. He noted that the Minorities Development Corporation already provides various schemes for Beary Muslims, urging a detailed assessment to ensure the new corporation’s funding does not fall short of current provisions, which could disadvantage the community.

Praising the industrious and self-respecting nature of the Beary community, Khader highlighted the respect Beary elders once commanded in villages. He encouraged the youth to uphold this legacy and actively contribute to the community’s progress. Additionally, he commended the Beary youth for their swift and dedicated responses during emergencies, which have garnered widespread recognition.

Khader underscored the importance of unity, cautioning against fostering divisions within the community. He also stressed the critical role of education in development, urging the maintenance of detailed records for SSLC and PUC students to track progress.

The event was presided over by Azeez Baikampadi, president of the Akhila Bharata Beary Mahasabha. Among the dignitaries present were former MLA Mohiudeen Bava and retired police officer GA Bawa. Dr. UT Ifikhar Ali Farid, honorary president of the Akhila Bharata Beary Mahasabha and chairman of the Karnataka State Allied and Healthcare Council, was felicitated during the program.

In notable initiatives, Kanachuru Monu, chairman of Kanachuru Medical College, unveiled the Mahasabha’s new website, while Sheikhabba Karnire of Expertise Company, Jubail, launched an IAS-IPS program aimed at empowering the Beary community.

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coastaldigest.com news network
January 16,2025

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Mangaluru, Jan 16: In an unimaginable twist of fate, the vibrant life of 19-year-old K Ahmed Shaheem was abruptly cut short on the evening of January 15, as he collapsed and passed away while enjoying a game of badminton with friends at Falnir, Mangaluru.

Shaheem, the beloved son of Shareef, originally from Addoor and currently residing at Ivory Tower, Attavar, Mangaluru, was in the prime of his youth. 

A student pursuing his graduation at a local private college, Shaheem had a bright future ahead, filled with dreams and ambitions. His sudden death has left family, friends, and the entire community in shock and grief.

Witnesses recount the heart-wrenching moment when Shaheem, in the middle of an energetic game, suddenly fell to the ground. His friends, devastated by the sight, rushed him to the hospital in the hope of saving his life. But tragically, doctors confirmed that he had passed away by the time he arrived.

Shaheem was not only a student, but also a passionate individual deeply involved in various social organizations, where he touched many lives with his kindness and commitment. His sudden departure has left a void that can never be filled, and his memory will remain forever etched in the hearts of all who knew him.

As his family mourns the loss of their precious son, the community stands in solidarity, deeply moved by the untimely loss of a young life that had so much promise.

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