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Mangaluru, July 4: The National Investigation Agency (NIA) on Friday arrested a key accused, who had been living abroad for the last two years, in connection with its probe into the sensational murder of BJP leader Praveen Nettaru in Karnataka, officials said.

The accused, Abdul Rahaman, was taken into custody by the NIA team at the Kannur International Airport in Kerala on his arrival from Qatar, they said.

A total of four accused, including Rahaman and two other absconders, were chargesheeted by the NIA in the case in April this year, taking the total chargesheeted in the case to 28.

The NIA had also declared rewards for information relating to six absconders. Rahaman was carrying a reward of Rs 4 lakh for this arrest. He is the 22nd accused to be arrested in the case.

Investigation officers claim that Rahaman, on directions of PFI leadership, harboured the main assailants and others involved in the case, the agency said in a statement, adding that he fled to Qatar after the attackers were arrested.

Nettaru was killed with sharp weapons by assailants on July 26, 2022, in Bellare village of Sullia Taluk in Dakshina Kannada district, Karnataka, the statement said.

According to NIA, the killing was part of a larger conspiracy aimed at striking terror among the people and unleashing communal hatred and unrest in the society.

The NIA, which re-registered the case on August 4, 2022, is trying to track down the remaining absconders.

Dubai, June 27: HDFC Bank, India’s largest private lender, is under scrutiny in the UAE over allegations it sold high-risk Credit Suisse AT1 bonds to retail investors in violation of regulatory norms.

The bonds — complex instruments meant only for experienced or high-net-worth clients — were wiped out in March 2023 during Credit Suisse’s emergency merger with UBS. Several investors claim HDFC Bank relationship managers misrepresented these as safe, forged financial documents to meet eligibility criteria, and failed to disclose crucial risks.

Dubai resident Varun Mahajan says he lost $300,000 in savings and alleges the bank inflated his net worth to bypass DFSA rules. Another investor, NS from the Philippines, claimed he was sold AT1 bonds using a leverage loan he never applied for. Others, including Indian national Pankaj Sinha and South Africa-based AT, described similar misrepresentation, unauthorized document changes, and manipulation of KYC data.

Legal complaints have been filed in India, the UAE, Bahrain, and DIFC. Investors accuse the bank of misleading them and exposing them to losses running into millions of dollars.

In response, HDFC Bank denied any wrongdoing, stating it follows strict processes and takes action against malpractice. The DFSA has declined to comment due to legal confidentiality.

Internal sources say several HDFC executives have recently resigned, and the Dubai offshore head has been replaced, raising questions about accountability.

Experts say the case exposes regulatory gaps across jurisdictions and may prompt closer scrutiny of how banks operate across borders.

Gaza City, July 5: Israeli strikes have killed around 50 Palestinians across Gaza since the early hours of Saturday, with dozens of the fatalities identified as aid seekers, according to reports from the besieged territory’s hospitals.

These attacks have taken place across the Gaza Strip from Gaza City in the north to the area around Rafah in the south.

Medical sources at Nasser Hospital have told the media that nine Palestinians, including three children, have been killed by Israeli forces near an aid center north of Rafah.

A medical source at al-Ahli Hospital says one Palestinian was killed and others injured in an Israeli attack on Gaza City’s Zeitoun neighborhood.

At least six people were killed and more than 10 injured in an Israeli shelling of displaced tents in the al-Mawasi area west of the city of Khan Younis, in the southern Gaza Strip, according to Nasser Medical Complex.

Al-Mawasi was designated as a “humanitarian zone” by Israel.

Israeli forces bombarded the al-Shafi School, killing at least five people and injuring others in Gaza City’s Zeitoun neighborhood.

Two people were killed after Israeli military jets targeted a house in the Bureij refugee camp in central Gaza.

Al-Awda Hospital in Nuseirat, also in central Gaza, says four people were killed after the Israeli army targeted an aid distribution point on Salah al-Din Street, south of Wadi Gaza.

The Gaza Civil Defense says it rescued 11 injured individuals, including children, after an air strike targeted a house belonging to the al-Zinati family near the Gifted School in Sheikh Radwan, northwest Gaza City.

Israel’s war on Gaza has killed at least 57,268 people and wounded 135,625 since the start of the onslaught on October 7, 2023, according to Gaza’s Health Ministry.

The United Nations human rights office has said it recorded at least 613 killings of Palestinians, both at controversial aid points run by the Israeli and United States-backed Gaza Humanitarian Foundation (GHF) and near humanitarian convoys, as of June 27.

The OHCHR said 509 of the 613 people were killed near GHF distribution points. The Gaza Health Ministry has put the number of deaths at more than 650 and those wounded as exceeding 4,000.

The GHF began distributing limited food packages in Gaza at the end of May, overseeing a new model of deliveries that the UN says is neither impartial nor neutral, as killings continue around the organization’s sites, which rights groups have slammed as “human slaughterhouses.”