IMA multibillion ponzi scheme: Victims can file claims from Nov 25

News Network
November 14, 2020

Bengaluru, Nov 14: The official probing the IMA multibillion Ponzi scheme case has asked depositors to file their claims from November 25 and fixed December 24 as the last day to accept the claims.

A statement from the office of the special officer and competent authority (IMA and other scam cases) said depositors can submit the claims via Bangalore One, Karnataka One or Atalji Jan Snehi Kendra centres by taking the operator’s help in these centres. They can also submit the claims online.

Filing the online application is a two-stage process. Claimants must first provide personal details like mobile and bank account, while in the second step, they should furnish scheme-wise deposits during the second stage.

Depositors can file the claim using the Aadhaar card or UTR number for Rs 1 transfer from their account to the account of their competent authority (Account number: 6442116442; IFSC Code: HDFC0001748).

For more details, victims can also contact the call centre at 080-46885959 between 8 am to 8 pm. They can also log on to the website imaclaims.karnataka.gov.in, email to [email protected] or WhatsApp to 7975568880.

Claims will be settled after a Bengaluru special court confirms the interim attached properties, officials said.

A special IMA court has been set up for a speedy trial. Judgements for conformation and the subsequent auction will likely take place in the next six months.

The Government of Karnataka has attached properties worth Rs 475 crore in the case. While the claim amount is approximately Rs 2,900 crore, about Rs 1,500 crore will be adjusted towards returns already received by depositors.

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Sharfun Sultana
 - 
Thursday, 14 Apr 2022

Ab tak hamara fifty thousand nai aya please help me 2019 may

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News Network
January 23,2026

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Prime Minister Narendra Modi, during his visit to Thiruvananthapuram on Friday, January 23, indicated that the Bharatiya Janata Party (BJP) is aiming to expand its political footprint in Kerala ahead of the Assembly elections scheduled in the coming months.

Speaking at a BJP-organised public meeting, Modi drew parallels between the party’s early electoral gains in Gujarat and its recent victory in the Thiruvananthapuram Municipal Corporation. The civic body win, which ended decades of Left control, was cited by the Prime Minister as a possible starting point for the party’s broader ambitions in the state.

Recalling BJP’s political trajectory in Gujarat, Modi said the party was largely insignificant before 1987 and received little media attention. He pointed out that the BJP’s first major breakthrough came with its victory in the Ahmedabad Municipal Corporation that year.

“Just as our journey in Gujarat began with one city, Kerala’s journey has also started with a single city,” Modi said, suggesting that the party’s municipal-level success could translate into wider electoral acceptance.

The Prime Minister alleged that successive governments led by the Left Democratic Front (LDF) and the United Democratic Front (UDF) had failed to adequately develop Thiruvananthapuram. He accused both fronts of corruption and neglect, claiming that basic infrastructure and facilities were denied to the capital city for decades.

According to Modi, the BJP’s control of the civic body represents a shift driven by public dissatisfaction with the existing political alternatives. He asserted that the BJP administration in Thiruvananthapuram had begun working towards development, though no specific details or timelines were outlined.

Addressing the gathering at Putharikandam Maidan, Modi said the BJP intended to project Thiruvananthapuram as a “model city,” reiterating his party’s commitment to governance-led change.

The Prime Minister’s visit to Kerala also included the inauguration of several development projects and the flagging off of new train services, as the BJP intensifies its political outreach in the poll-bound state.

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News Network
February 3,2026

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Mangaluru, Feb 3: Kanachur College of Physiotherapy and Kanachur Hospital & Research Centre, in association with U.T. Fareed Foundation (R), organised the 11th Late Mrs. Naseema Fareed Memorial Lecture on Tuesday.

The programme was inaugurated by Dr. Subramanyam K, Head of the Department and Professor, Department of Cardiology, Srinivas Institute of Medical Sciences & Research Centre, Mangaluru. In his inaugural address, Dr. Subramanyam delivered an insightful talk highlighting the vital role of physiotherapy in modern medical care, particularly in cardiac rehabilitation, patient recovery, and improving overall quality of life through a multidisciplinary healthcare approach.

The presidential address was delivered by Dr. Haji U.K. Monu, Chairman, KIET. The keynote address was presented by Dr. Mohammed Ismail Hejamady, who spoke on the evolving scope and significance of physiotherapy.

The event was held in the presence of Mr. Abdul Rahiman, Director, Kanachur Institute of Medical Sciences, Mangaluru; Dr. Vaishali Sreejith, Senate Member, Rajiv Gandhi University of Health Sciences, Bengaluru; Dr. Sudhan S.G., Professor and Principal, Krupanidhi College of Physiotherapy, Bengaluru; Dr. Shanavaz Manipady, Dean, Kanachur Institute of Medical Sciences, Mangaluru; and Dr. Venkat Rai Prabhu, Member, Kanachur Health Science Advisory Council, Kanachur Hospital & Research Centre.

Dr. Mohammad Suhail, Dean, Kanachur College of Physiotherapy, welcomed the guests and delegates.

As part of the programme, a two-day free workshop was organised on the following topics:

•    Art of Practice in Cardiopulmonary Conditions by Dr. Sudhan S.G., Principal, Krupanidhi College of Physiotherapy

•    The Gift of Life – Organ Donation by Dr. Rohan Monis, Chief Administrative Medical Officer

•    Chest X-ray Interpretation by Dr. Hemanth, Department of Radiology, KIMS

•    Pulmonary Rehabilitation by Dr. Vijaya Kumar, Department of Respiratory Medicine, KIMS

Organisers noted that the memorial lecture series has been conducted continuously for the 11th year, benefiting interns and postgraduate students from various colleges across Mangaluru. A total of 130 delegates attended the workshop.

Dr. Reshma, Vice Principal, Kanachur College of Physiotherapy, Mangaluru, delivered the vote of thanks.

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News Network
January 31,2026

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Bengaluru: The shooting incident involving CJ Roy, founder of the Confident Group, has once again put the spotlight on a businessman whose life has swung between flamboyant global success and persistent controversy at home.

Though Roy’s business interests extended across continents, his roots lay firmly in Karnataka. An alumnus of Christ School in Bengaluru, he later moved to Tumakuru to pursue an engineering degree. Those familiar with his early years describe him as intensely ambitious, beginning his career as a salesman at a small electronics firm dealing in computers.

Roy’s entry into large-scale real estate came through the Crystal Group, where he worked closely with Latha Namboothiri and rose from manager to director. However, the launch of the Confident Group in 2005 was clouded by industry speculation. Insiders speak of a fallout involving alleged “benami” properties and claims of deception that ultimately led to his independent venture—an episode Roy spent years trying to distance himself from, according to associates.

A tale of two cities

Roy’s professional trajectory diverged sharply across geographies.

In Dubai, he built a reputation as a bold and efficient developer, completing massive luxury residential projects in record time—some reportedly within 11 months. His rapid project delivery and lavish lifestyle in the Emirates earned him admiration and visibility in the real estate sector.

In Bengaluru, however, his image remained far more fractured. Sources say Roy stayed away from the city for several years amid disputes over unpaid dues to vendors and suppliers. Several projects were allegedly stalled, with accusations of unfulfilled commitments to cement and steel suppliers continuing to follow him.

Roy’s return to Bengaluru’s business and social circles began around 2018, marked by a conscious attempt at rebranding. His appointment as Honorary Consul of the Slovak Republic added diplomatic legitimacy, which he complemented with visible CSR initiatives, including ambulance donations and high-profile charity events.

Heavy police presence in Langford Town

Following the incident, police personnel from the Central division were deployed outside the Confident Group building in Langford Town, which also houses the Slovak Honorary Consulate in Bengaluru.

The otherwise busy premises near Hosur Road wore a deserted look on Friday, reflecting the shock and uncertainty that followed the tragedy.

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