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Tag: Shivamogga

ED raids Congress leader Manjunath Gowda’s premises in fake gold loan case

Karnataka: As part of its investigation into an alleged fake gold scam in the bank, the Directorate of ED conducted raids on the residences of Congress leader and chairman of the Shivamogga District Cooperative Central (DCC) Bank RM Manjunath Gowda on Thursday.

Investigators from the ED are conducting raids at Gowda’s home in Sharavathi Nagar, Shivamogga, and his farmstead close to Karakuchi in the Tirthahalli taluk of the district. Raids are still being conducted.

Earlier, ED asked the Shivamogga DCC Bank for a number of papers. On September 28, Gowda, who serves as the State Coordinator for the KPCC’s Cooperative Division (Karnataka Pradesh Congress Committee), was chosen to lead Shivamogga DCC Bank. Since 1997, he has held this position.

In 2014, Manjunath Gowda was charged with fake gold loan fraud. In August 2014, Shivamogga police arrested Gowda for issuing loans against fake gold. According to the probe, the bank lost Rs 62 crore as a result of irregularities.

Section 144 imposed after stone pelting in Shivamogga, Karnataka, 40 people arrested so far

Following racial unrest in Karnataka‘s Shivamogga district, the state has implemented Section 144 of the CrPC in the Ragi Gudda neighborhood. Additionally, gatherings of individuals at Ragi Gudda are prohibited.

Let me inform you that yesterday night, after stone-throwing during a religious procession, violence erupted in Shivamogga, Karnataka. Some malicious elements had hurled stones at the Eid Ul Milad procession, according to Shivamogga SP GK Mithun Kumar. Following this, people became enraged and destroyed homes and automobiles. Based on the footage, some persons have been detained.

Karnataka CM Siddaramaiah stated that some malicious elements threw stones at the Eid Ul Milad parade in response to racial tension in Shivamogga. The police were also attacked with stones. 40 persons have been detained thus far. Such activities will not be tolerated by our government. The matter is currently under control.

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