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 15,2025

Mangaluru, Dec 15: Air India Express has announced that it will resume direct flight services between Mangaluru and Muscat from March 2026, restoring an important international air link for passengers from the coastal region.

Airport authorities said the service will operate twice a week—on Sundays and Tuesdays—from March 1. The initial flights are scheduled on March 3, 8 and 10, followed by March 15 and 17, with the same operating pattern to continue thereafter. The flight duration is approximately three hours and 25 minutes.

The Mangaluru–Muscat route was earlier operated under the 2025 summer schedule, with services beginning on July 14. At that time, Air India Express had operated four flights a week before suspending the service.

Officials said the summer schedule will come into effect from March 29, after which changes in flight timings and departure schedules from Mangaluru are expected. Passengers have been advised to check the latest schedules while planning their travel.

The resumption of direct flights to Muscat is expected to significantly benefit expatriates, business travellers and others, further strengthening Mangaluru’s air connectivity with the Gulf region.

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