Yasir Hasan elected PFI Karnataka state chief, Nasir Pasha general secretary

coastaldigest.com news network
February 29, 2020

Mangaluru, Feb 29: The state general assembly (SGA) of Karnataka unit of the Popular Front of India was held from February 27 to 29, 2020 at Puttur in Dakshina Kannada district wherein new functionaries were elected for the next two years.

Yasir Hasan was elected president of the state unit of the organisation while Nasir Pasha was elected general secretary. Ayub K Agnady, Mohammed Sharief and Shahid Nasir were elected vice president, secretary and treasurer respectively.

The state executive committee members are: Abdul Khader, Abdul Majeed, Sharief Kodaje and Mohammed Tafseer.

The SAG commenced with the hoisting of flag by outgoing president Muhammad Saqib on February 27. The three day meeting analyzed the growth and activities of the PFI for the past two years. It was observed that the organization has received positive acceptance among the society.

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News Network
February 6,2025

Mangaluru: A man has reportedly lost ₹13 lakh after falling victim to an online trading scam. The incident began on December 14, 2023, when he received a WhatsApp message adding him to a group named "VIP3 Global Securities Official Stock Community."

The message introduced Ajay Garg as the director and CEO of SMC Group, claiming he was participating in an international stock returns competition and urging members to vote for him. The group also provided stock market investment guidance and encouraged users to open an SMC Global Securities Trading Account to access IPO stocks.

Upon inquiring in the group, the complainant was contacted by an individual claiming to be an international customer service representative at SMC Global Securities. This person, later identified as Vandana Bharti from the Institutional Brokerage, claimed she could secure high-value IPO stock allotments. The complainant was instructed to download the SMC Global Securities Trading App using a specific link, which promised 30 days of free VIP trading advice and stock market insights. He registered on the app using his PAN and mobile number and began applying for IPO stocks.

Initially, the complainant was allotted ₹15,000 worth of IPO stocks from Dam Capital Advisers Limited. The scammers claimed that ₹5,000 was covered by the company, requiring him to pay only ₹10,000, which he transferred on December 25. Soon after, he was allotted ₹1.4 lakh worth of IPO stocks from Anya Polytech & Fertilisers and was pressured to pay immediately. On December 31, he transferred the amount.

The scammers continued assigning higher-value IPO stocks, eventually allotting ₹9.9 lakh worth of stocks from Standard Glass Lining Technology Limited. When the complainant expressed an inability to pay, he was pressured into taking a ₹9 lakh loan via a mobile lending service.

On January 20, he attempted to withdraw ₹1 lakh from the SMC Global Securities Trading App to check if funds could be recovered. The withdrawal was processed successfully the same day, reinforcing his trust in the platform. However, subsequent attempts to withdraw funds were unsuccessful, and the complainant realized he had been defrauded.

Authorities are investigating the incident and cautioning the public to be vigilant against such fraudulent schemes.

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News Network
February 7,2025

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Governor Thaawarchand Gehlot returned to the State Government the Karnataka Micro Loan and Small Loan (Prevention of Coercive Actions) Ordinance, 2025, suggesting that the ordinance will benefit borrowers while no provision has been made to provide protection to lenders.

Sources in the government said that the Governor felt the need for a detailed discussion on the ordinance in the legislature. Since the budget session will commence in March 2025, he advised the government to discuss the issue during the session, instead of bringing in the ordinance in a hurry.

The Governor advised the State Government to deliberate on the issue in detail and bring an effective enactment in the interest of the affected people and to protect their rights.

Following alleged harassment by microfinance companies seeking repayment of loans, more than a dozen borrowers had committed suicide in Karnataka. To check the harassment from MFIs, the government has proposed the ordinance.

The Raj Bhavan is of the opinion that it is the duty of the State to protect the vulnerable persons of the society. But, it is also necessary to protect the lawful and genuine rights of the persons who have lent to needy persons within the existing laws with proper checks and balance mechanism.

Mr Gehlot noted: “If all the pending loans with interest as on date is discharged, the lawful and genuine lenders may face trouble. Further, they have no remedy to recover their pending amounts, which may lead to legal battle.”

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News Network
February 11,2025

Mysuru: On Monday night, tensions escalated in front of Mysuru's Udayagiri Police Station as thousands gathered to protest a controversial social media post. The post, which critics say portrayed Muslims negatively, featured images resembling political figures Rahul Gandhi, Aravind Kejriwal, and Akhilesh Yadav, and was titled "three idiots." The post also showed a person performing namaz with Arabic script prominently displayed, further intensifying the allegations of communal insensitivity.

Protesters blocked Mahadevapura Main Road and, at times, resorted to stone pelting directed at the police station, police vehicles, and public property. In response, law enforcement used batons and tear gas to disperse the crowd. The ensuing clashes resulted in injuries to several people, including both protestors and police personnel.

By Tuesday morning, normalcy had largely returned. Senior officials—including ADGP R. Hitendra, Police Commissioner Seema Latkar, and DCPs M. Muthuraj and S. Janhnavi—visited the police station to review the situation. Security was significantly increased around the area, and civic workers from the Mysuru City Corporation cleared stones and debris left behind by the demonstrators.

Police have initiated a suo moto case and arrested 32-year-old Suresh, a resident of Kalyangiri Nagar, in connection with the incident. The unrest not only disrupted pedestrian movement but also significantly hampered traffic on Mahadevapura Main Road and its intersections, with city buses bearing the brunt of the blockade.

Despite initial dispersal following police action, the mob reconvened within minutes. It was only around midnight, after assurances from senior police officials—including DCP Muthuraj—that strict action would be taken against those responsible, that the protesters finally dispersed.

Speaking to media on Tuesday morning, ADGP R. Hitendra confirmed that seven police personnel were injured during the stone pelting and announced that a special team had been formed to identify and apprehend the instigators. “The mob was misled by certain individuals who believed that the accused, who shared the derogatory post, would be let off. We will probe thoroughly to determine who is behind this incident,” he stated. 

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