Reddy’s associate arrested for forcibly taking over Shaikh Saab’s mining company

coastaldigest.com news network
October 4, 2018

Bengaluru, Oct 4: Officials of the Special Investigation Team (SIT) probing the illegal iron ore case, has arrested businessman B V Srinivasa Reddy, who is a close associate for former Minister G Janardhan Reddy.

Mr. Srinivasa Reddy, owner of Sree Minerals, has been charged with forcibly taking over a mining company belonging to N. Shaikh Saab. Mr. Saab, the owner of Indian miners, had taken a lease from the government for undertaking mining activities in Sandur.

Investigations revealed that Mr. Janardhan Reddy, along with his associates K.M. Ali Khan and Mr. Srinivasa Reddy, forced Mr. Saab to hand over 75% of the company ownership to Mr. Ali Khan.

After obtaining the General Power of Attorney, the trio illegally extracted, transported and traded 1,48,383 tonnes of iron ore in a span of six months, from July to December 2009, according to SIT officials. This caused a huge loss to the State exchequer. The other accused in the case have already been booked and arrested by the SIT.

The SIT on Wednesday took Mr. Srinivasa Reddy into custody for further investigation, M. Chandrashekhar, Inspector-General of Police, SIT, said. Mr. Janardhan Reddy and Mr. Ali Khan had already been arrested in this connection and are out on bail.

The SIT had filed over a dozen FIRs agianst Mr. Janardhan Reddy and his associates, which are pending before the Special Lokayukta court. The SIT hopes that this arrest may provide further clarity on the illegal iron ore export case.

Comments

WellWisher
 - 
Thursday, 4 Oct 2018

Whether we require such criminal and culprit perosns  to rule our country. DOn't spare , send them behind bar 

for ever.  What ever he may be which ever minister may support dept must take strict action and keep them in prison house .  Because of these culprits  normal citizens strugling to lead normal life.

Economy  fallen , ruppes lost the value  what else want  ---------------------

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News Network
December 19,2025

Mangaluru: In a decisive move to tackle the city’s deteriorating sanitation infrastructure, the Mangaluru City Corporation (MCC) has announced a massive ₹1,200 crore action plan to overhaul its underground drainage (UGD) network.

The initiative, spearheaded by Deputy Commissioner and MCC Administrator Darshan HV, aims to bridge "missing links" in the current system that have left residents grappling with overflowing sewage and environmental hazards.

The Breaking Point

The announcement follows a high-intensity phone-in session on Thursday, where the DC was flooded with grievances from frustrated citizens. Residents, including Savithri from Yekkur, described a harrowing reality: raw sewage from apartments leaking into stormwater drains, creating a "permanent stink" and turning residential zones into mosquito breeding grounds.

"We are facing immense difficulties due to the stench and the health risks. Local officials have remained silent until now," one resident reported during the session.

The Strategy: A Six-Year Vision

DC Darshan HV confirmed that the proposed plan is not a temporary patch but a comprehensive six-year roadmap designed to accommodate Mangaluru’s projected population growth. Key highlights of the plan include:

•    Infrastructure Expansion: Laying additional pipelines to connect older neighborhoods to the main grid.

•    STP Crackdown: Stricter enforcement of Sewage Treatment Plant (STP) regulations. While new apartments are required to have functional STPs, many older buildings lack them entirely, and several newer units are reportedly non-functional.

•    Budgetary Push: The plan has already been discussed with the district in-charge minister and the Secretary of the Urban Development Department. It is slated for formal presentation in the upcoming state budget.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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News Network
December 7,2025

SHRIMP.jpg

Mangaluru, Dec 7: A rare bamboo shrimp has been rediscovered on mainland India more than 70 years after it was last reported, confirming for the first time the presence of Atyopsis spinipes in the country. The find was made by researchers from the Centre for Climate Change Studies at Sathyabama Institute of Science and Technology, Chennai, during surveys in Karnataka and Odisha.

The team — shrimp expert Dr S Prakash, PhD scholar K Kunjulakshmi, and Mangaluru-based researcher Maclean Antony Santos — combined field surveys, ecological assessments and DNA analysis to identify the elusive species. Their findings, published in Zootaxa, resolve decades of taxonomic confusion stemming from a 1951 report that misidentified the species as Atyopsis moluccensis without strong evidence.

The shrimp has now been confirmed at two locations: the Mulki–Pavanje estuary near Mangaluru and the Kuakhai River in Bhubaneswar. Historical specimens from the Andaman Islands, previously labelled as A. moluccensis, were also found to be misidentified and actually belong to A. spinipes.

The rediscovery began after an aquarium hobbyist in Odisha spotted a shrimp in 2022, prompting systematic surveys across Udupi, Karwar and Mangaluru. Four female specimens were collected in Mulki and one in Odisha, all genetically matching.

Researchers warn the species may exist in very small, vulnerable populations as freshwater habitats face increasing pressure from pollution, sand mining and infrastructure development. All verified specimens have been deposited with the Zoological Survey of India for future reference.

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