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

News Network
December 5, 2020

roshan.JPG

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.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
May 8,2025

US President Donald Trump says he is willing to reach an agreement with Iran that allows Washington to “blow up” Tehran’s nuclear energy facilities.

“It’s that simple,” he said during an exchange with conservative radio host Hugh Hewitt, on Wednesday.

“I would much prefer a strong, verified deal where we actually blow them up…,” Trump said, referring to Iran’s nuclear facilities.

Deal’s outcome: Either ‘Nice aggression’ or ‘vicious aggression’

The 78-year-old former president added that there were only two possible outcomes, namely “blowing them up nicely or blow them up viciously.”

This is not the first time, Trump and other American officials have urged “total dismantlement” of Iran’s nuclear energy program. The US president had last made the insistence during comments on the NBC's "Meet the Press" program.

Observers said such statements underline the US administration's continued aggressive approach towards the Islamic Republic and its nuclear energy program.

The adversarial standing comes while Washington and Tehran have been engaging in indirect talks since March. The talks’ initiation marked drawn-out absence of such engagement between the two sides that had been caused by Washington’s illegal and unilateral withdrawal from a historic nuclear deal between Tehran and others in 2018.

Most recently, Trump’s regional envoy Steve Witkoff said, “The president wants to see this solved diplomatically if possible, so we’re doing everything we can to get it going."

Trump’s remarks, though, diagonally contradict Witkoff’s statement about the president’s alleged interest in a diplomatic solution.

Trump also said potential American aggression against Iran’s nuclear sites had to result in “de-nuking them.”

The US and its allies have for long been trying to accuse the Islamic Republic of pursuing “nuclear weapons,” despite the country’s repeated avowal not to either pursue, develop, or stockpile such weaponry as per moral and religious imperatives.

Tehran’s peaceful nuclear policy has been verified unexceptionally by the International Atomic Energy Agency (IAEA) which has never found any indication of such pursuit, as it has put the country's nuclear activities under the most extensive investigative processes compared to any other member of the United Nations nuclear agency.

The Western narrative, though, has been used extensively to try to justify escalating sanctions, military threats, and covert operations targeting Iran and its nuclear infrastructure.

Nevertheless, the Islamic Republic has invariably vowed to deal effectively with attempts on the part of the US, its allied states, or proxies at engaging in military adventurism against the country.

The assertion was last reiterated by Amir Saeid Iravani, Iran's permanent ambassador to the United Nations, who underscored on Monday that the country would unquestionably defend its sovereignty against any threat or use of force.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 29,2025

bhattsanjeev.jpg

The Supreme Court Tuesday dismissed a plea by former IPS officer Sanjiv Bhatt, undergoing life imprisonment in connection with a 1990 custodial death case, for bail and the suspension of his sentence. While denying him the relief, a bench of Justices Vikram Nath and Sandeep Mehta also directed that the hearing of his appeal be expedited.

“We are not inclined to enlarge the appellant Sanjiv Kumar Bhatt on bail. However, we make it clear that the observations made herein above are restricted to the prayer for bail only and will have no bearing on the appeals of the appellant and the co-accused. The prayers sought by the appellant, Sanjiv Kumar Bhatt, for the grant of bail are dismissed. Hearing of the appeal is directed to be expedited,” Justice Mehta said while reading out the order.

The case dates back to 1990 when Bhatt was posted as the additional superintendent of police in Gujarat’s Jamnagar. He had detained around 133 people under the stringent Terrorist and Disruptive Activities (Prevention) (TADA) Act during a communal riot in Jamjodhpur town.

On November 18, 1990, one of those detained, Prabhudas Vaishnani, died in a hospital after he was released, allegedly due to torture while he was in custody. A complaint of custodial death was registered against seven policemen, including Bhatt, by Amrutlal Vaishnani, the brother of the deceased, following which the investigation was transferred to the state Criminal Investigation Department (CID) branch in Gandhinagar.

In 1995, the CID investigating officer requested sanction from the government to prosecute Bhatt as is required for the prosecution of a government officer when on duty. However, the government did not grant the sanction. After that, CID filed a summary report, which is a closure report, in the court. However, the court rejected this report in December 1995 and instead took cognisance of offences alleged against Bhatt and six others.

An A-summary report was filed in this case in 1995 after the Gujarat Government refused to grant sanction for prosecuting Bhatt. However, after Bhatt’s deposition in relation to the 2002 communal riots before the Nanavati and the Mehta commissions between May and July 2011, the state government withdrew protection granted to him, and the Jamnagar court began framing charges soon after.

A Jamnagar sessions court sentenced Bhatt to life imprisonment in June 2019. This was subsequently upheld by a Division Bench of the Gujarat High Court.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
April 28,2025

kashmir.jpg

Mangaluru: Following the recent terror attack in Pahalgam,  many Mangaluru residents are cancelling their planned trips to Jammu and Kashmir. The attack, which resulted in several fatalities, has raised concerns about safety among travelers, leading them to reconsider their vacation plans.

Surge in Cancellations 

Travel operators in Mangaluru have reported a significant increase in requests to cancel Jammu and Kashmir holiday bookings. Tourists who initially planned to visit the region are now looking for alternative destinations, including popular hill stations in Himachal Pradesh like Shimla and Kullu-Manali, as well as other scenic locations across India.

Concerns from Tour Operators

Eulalia D'Souza, the owner of Lia Travels and Tours, noted the growing unease among tourists, despite reassurances that Jammu and Kashmir remains a safe destination. She revealed that her agency has already processed four cancellations, and another booking scheduled for May 12 has also been canceled. D'Souza expressed concern about the financial strain on travel operators, who are facing challenges such as refunding bookings while also dealing with high cancellation charges for airline tickets.

Travel Costs Surge as Destinations Change

With an increasing number of people opting for alternative destinations like Shimla, Kullu-Manali, and Sikkim, travel costs to these locations have spiked. Eulalia D'Souza mentioned that room rates in Himachal Pradesh, which would normally cost Rs 6,500 per night, have risen to over Rs 10,000 due to increased demand. Similarly, airfare to these regions has also seen a significant increase in price.

William D'Souza, the Managing Director of Globe Travels, shared that his agency had 32 bookings for Jammu and Kashmir tours, all of which have now been canceled. He confirmed that Globe Travels was able to secure full refunds from airlines, hotels, and other service providers. However, he noted that some travelers are adopting a “wait-and-see” approach, monitoring the situation before making further decisions.

Vikram Travels and Resorts India Pvt Ltd, based in Mangaluru, reported nearly 250 cancellations, with the majority of them coming from families. Subrahmanya HP, the regional in-charge for Vikram Travels, stated that about 99% of their Jammu and Kashmir bookings have been canceled, as families are opting for other destinations.

Flight Fares Drop!

In contrast to the soaring prices for alternative destinations, flight fares to Jammu and Kashmir have decreased significantly, as demand for trips to the region has dropped following the attack. This has led to lower ticket prices, although many travelers are still hesitant to book flights in light of safety concerns.

Shifting Preferences 

Tour operators in the region are noticing a clear shift in traveler preferences, with destinations like Kullu, Manali, and Sikkim gaining popularity. While these locations offer similar scenic beauty and cooler climates, the sudden increase in demand has also caused a rise in travel expenses, further complicating the decision-making process for tourists.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.