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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coastaldigest.com news network
December 20,2025

Mangaluru, Dec 20: City Police Commissioner Sudheer Kumar Reddy has issued a high-alert warning to vehicle owners regarding a surge in cyber fraud targeting those looking to pay traffic violation fines. Fraudsters are reportedly exploiting recent government discount schemes on traffic penalties to deceive citizens.

The Scam: How Fraudsters Strike

Criminals are using SMS, WhatsApp, and social media to circulate suspicious links and APK files (Android application packages). They claim these apps allow users to pay e-challans at a discount.

•    Device Hacking: Downloading these unauthorized apps gives hackers full access to the victim's smartphone.

•    Financial Theft: Once the phone is compromised, fraudsters intercept OTPs and personal data to drain bank accounts.

•    Phishing Sites: Fake websites mimicking official portals are also being used to harvest banking credentials.

Already, two residents within Mangaluru city limits have reported significant financial losses after falling victim to these fraudulent apps.

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News Network
December 15,2025

Mangaluru, Dec 15: Educational institutions in Mangaluru that rely on the popular Mangala Stadium for their annual sports events are bracing for an inconvenience as the city's key sporting venue is set to close its gates for a significant upgrade. The stadium is expected to be unavailable for approximately two months starting from January 15, 2026.

The closure is necessitated by a proposed overhaul of the stadium's facilities, with a special focus on upgrading the synthetic track. Pradeep Dsouza, Assistant Director of the District of Youth Empowerment and Sports (DYES), Dakshina Kannada, confirmed the development.

"Experts have visited the stadium, conducted a thorough inspection, and have given the go-ahead for a complete makeover," Dsouza stated. "Funds have been allocated for the project, and we are currently awaiting the final green signal from state officials to commence the work. We anticipate that the work will likely begin in the second week of January. Consequently, we have stopped renting out the stadium to colleges and other organizations in preparation for the upgrade."

The timing presents a logistical challenge for colleges, as many schools have already concluded their sports meets.

"Colleges will now be organizing their events and will need to find alternative locations to host their sports meets," Dsouza added. He suggested a few potential venues, including the Dakshina Kannada police ground, University College grounds, Panambur grounds, Swaraj Maidan in Moodbidri, and the Mangalore University sports grounds in Konaje.

However, many institutions note that finding a comparable venue will be difficult. While the DK police ground and University College grounds are closer to the city center, they do not possess the extensive facilities and infrastructure offered by Mangala Stadium.

Dr. P Dayananda Pai - P Satisha Govt First Grade College, Carstreet, is one such institution dependent on the stadium. Principal Jayakar Bhandary expressed hope for a swift completion of the work. "We expect the work to be completed at the earliest. If not, we will be forced to look for other venues to host the sports day for our students," Bhandary said, highlighting the pressing need for the city's main sporting facility.

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News Network
December 5,2025

Mangaluru: In a significant step to curb online hate and intimidation, Mangaluru City Police have registered a suo motu case against multiple Instagram accounts accused of circulating alleged provocative and threatening content.

While monitoring social media activity on Tuesday, Kankanady Town PSI Anitha Nikkam identified the Instagram handle ‘team_targetttt_900’ for posting a hate message alongside images of lethal weapons. Another account, ‘team_nagara_900’, allegedly shared a threatening post targeting activist Bharath Kumdelu, tagging additional pages such as KARAVALI-OFFICIAL.

Several other accounts — including ‘immu_bhai.fan’, ‘target_boy_900’, ‘kings_of_manglore’, ‘team_target_boys.900’, ‘arshad_mangalore’, ‘target_ka19_ullal’, ‘team_target__’, ‘troll_tigersz_900’, ‘tr_group_900’, and ‘team_target_900’ — are also under scrutiny for spreading similar inflammatory material, police said.

Authorities have urged citizens, especially young social media users, to report suspicious pages and avoid engaging with groups that glorify violence or threaten individuals. Online hate can quickly escalate into real-world harm, and police stress that sharing or promoting such content can attract legal consequences.

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