New system to curb online financial frauds in Karnataka: Banks to freeze scammers’ accounts instantly

News Network
October 19, 2020

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Bengaluru, Oct 19: Amidst growing cases of cybercrimes in Karnataka, the government and the police department have decided to set up a new system to check financial frauds, by freezing the accounts of scammers within the ‘golden hour’.

The decision was taken at a recent meeting chaired by Home Minister Basavaraj Bommai, where the advocate general, additional chief secretary (home), state and city police chiefs, RBI regional director, and banks discussed ways to prevent such crimes.

Earlier, banks demanded an FIR to freeze the account of the receiver, but if the new system is implemented, the victim can send an SMS or WhatsApp message, phone call or email to the banks about the fraud, who will initiate quick action and stop the money from being withdrawn.

Police officers noted that soon after a fraud is committed, the next one hour is considered as the golden hour to stop the damage. This can be done by stopping the fund flow by reporting the fraud to the bank/law enforcing agency.

DG&IG Praveen Sood said Karnataka police was formulating a process in which the victims can report the scam either through phone call, SMS or email. A unique number is generated, which would be considered equal to an FIR number. He suggested that banks consider this unique number and temporarily freeze the account of fraudsters and prevent further damage.

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News Network
January 24,2025

Bengaluru, Jan 24: The BJP has sparked controversy by opposing a meeting between Muslim community leaders and Karnataka Chief Minister Siddaramaiah, where increased budgetary allocations for minorities were discussed. The BJP labeled the demands as "religion-based budgeting," accusing the Congress-led government of minority appeasement.

Amit Malviya, head of the BJP’s National Information and Technology Department, claimed on social media platform X, “This kind of Muslim assertion and religion-based demands led to India’s partition along religious lines in 1947. We can’t afford it again.”

The meeting, attended by Ministers Rahim Khan, Zameer Ahmed Khan, and Siddaramaiah's Political Secretary Naseer Ahmed, focused on enhanced funding for minority welfare. Malviya criticized it as a "brazen display of minority appeasement," alleging that the Congress was catering to its vote bank in return for support.

The Congress government allocated Rs 3,000 crore for minority welfare in its 2024-25 State Budget, drawing fire from opposition parties. However, Deputy Chief Minister D.K. Shivakumar defended the allocation, stating, “In a Rs 3.71 lakh crore budget, can’t we allocate even 1 per cent for Muslims? This funding supports schools and development programs. What’s wrong with that?”

Meanwhile, BJP and JD(S) leaders accused the Congress government of sidelining Hindus while failing to address pressing issues like rising crime and fiscal mismanagement. Karnataka Leader of the Opposition R. Ashoka criticized the government for planning to borrow Rs 1 lakh crore to fund its "five guarantee" schemes and other initiatives, questioning the state's development progress.

Chief Minister Siddaramaiah is set to present the 2025-26 State Budget in March, which is expected to cross Rs 4 lakh crore, marking his 16th budget as Finance Minister. The Congress government faces growing opposition from BJP leaders, who claim its policies prioritize appeasement over governance.

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News Network
January 15,2025

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Another Palestinian journalist has been killed in an Israeli attack in the Gaza Strip, taking the death toll to 205 since early October 2023 when the occupying Tel Aviv regime launched its all-out onslaught against the blockaded coastal sliver.

Local organizations identified the new victim as Ahlam al-Nafed, who recently reported from the besieged Indonesian Hospital in northern Gaza for Drop Site News and other media outlets.

She was killed on Tuesday as she was walking to al-Shifa Hospital – the largest medical complex and central hospital in the Gaza Strip, and located in the neighborhood of northern Rimal in Gaza City.

“For the past 100 days, Ahlam chronicled the genocide in northern Gaza, capturing evidence of Israeli war crimes from the besieged Indonesian Hospital.

“Through her words and images, she ensured that atrocities which might have been silenced were brought to light, allowing the world to witness the brutal reality unfolding there,” Drop Site News wrote in a statement published on its X account on Tuesday.

It underlined that Ahlam’s work documenting the attacks on the Indonesian Hospital was irreplaceable.

“She was one of the last remaining voices in northern Gaza — a voice the world desperately needed. Without her, the full extent of Israel’s actions might never have been known,” the statement also read.

For its part, the Indonesian Hospital said, “Ahlam courageously documented the genocide in north Gaza, residing in the medical facility during its siege, taking evidence of war crimes and bearing witness to tell the story with her pictures and her words, many of which we shared with you.”

Journalists working within the Palestinian territory face heightened risks while covering the genocidal war, particularly in light of Israeli ground assaults and airstrikes, as well as challenges such as disrupted communications, shortages of supplies, and power outages.

In the face of these difficulties, Palestinian journalists have continued to document the atrocities of the war, acting as the global community's eyes and ears throughout one of the most deadly wars of the 21st century.

Backed by the United States and its Western allies, Israel launched the war on Gaza on October 7, 2023, after the Palestinian resistance movement Hamas carried out Operation Al-Aqsa Flood against the Israeli regime in response to its decades-long campaign of oppression against Palestinians.

The regime’s bloody onslaught on Gaza has so far killed at least 46,645 Palestinians, mostly women and children, and injured 110,012 others. Thousands more are also missing and presumed dead under rubble.

On November 21 last year, the International Criminal Court (ICC) issued arrest warrants for Israeli prime minister Benjamin Netanyahu and former minister of military affairs Yoav Gallant for war crimes and crimes against humanity in Gaza.

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News Network
January 24,2025

Bengaluru, Jan 24: Following several reported suicides allegedly caused by harassment from Microfinance Institutions (MFIs), Karnataka Home Minister G. Parameshwara on Friday acknowledged that the current laws are insufficient in dealing with the highhandedness of these institutions in the state.

Speaking to the media in Bengaluru, Parameshwara confirmed widespread complaints of MFI-related harassment, stating that existing laws were ineffective in curbing the issue. The Congress government plans to amend the law to ensure stricter regulations for MFIs.

"The reports from our department indicate that current laws are inadequate, and they lack the necessary strength to curb this menace," Parameshwara said. He added that new, stringent laws would be framed to regulate the MFIs, with the Congress government taking steps in that direction. In the meantime, officials have been instructed to take immediate action regarding ongoing harassment cases.

Explaining the situation, Parameshwara highlighted that MFIs often demand multiple signatures from loan recipients, which they might not fully understand. "This leads to forced raids, seizures of properties, and other actions," he noted, adding that such practices need to be addressed under law.

Law Minister H.K. Patil and Chief Minister Siddaramaiah have also taken note of the issue. Siddaramaiah has called for a meeting on January 25 to discuss the alarming rise in cases and the ineffectiveness of current laws.

The issue has sparked public outcry, with victims’ families, including the wife of a suicide victim, sending symbolic protests such as mangalsutras to Parameshwara, demanding action against the MFI staff involved. Numerous petitions have been filed in Deputy Commissioners' offices across the state, urging government intervention to stop MFI harassment.

In response, opposition leaders, including Union Minister H.D. Kumaraswamy, BJP’s R. Ashoka, and Basavaraj Bommai, have accused the Congress government of losing control over MFIs, enabling the widespread exploitation of vulnerable citizens.

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