Another finance company accused of fraud

August 1, 2011

Mangalore, August 1: In yet another fraud, a finance company promising high interest on deposits has cheated public to the tune of over Rs 10 lakh.

It is said that Francis Nazarath of Damsakatte, Kinnigoli near here, was appointed as financial advisor to Guru Solutions in Kodialbail, by Suresh Coimbatore, Suresh M and Vasanth on the condition that he would enroll members to the finance company.

The members were promised that their investment would be doubled. Francis had collected nearly Rs 10,57,200 from the public.

But the company did not return any money to the members, which drove Francis to lodge a private complaint against the company at the JMC court.

The court directed Mangalore East police to investigate the matter.

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Vokkaligara Sangha threatens Congress: ‘Shivakumar must be CM or face backlash’

News Network

November 27,2025

Bengaluru: The Vokkaligara Sangha on Thursday issued a stern warning to the Congress, saying the party could face serious electoral repercussions if Deputy Chief Minister D.K. Shivakumar is not appointed as Chief Minister.

The warning follows the public backing of Shivakumar’s chief ministerial ambition by top Vokkaliga pontiff Nirmalanandanatha Swami, who urged the Congress high command to honor his claim.

“The community supported Congress in the 2023 Assembly elections only because Shivakumar had a real chance to become CM. If he is cheated, we’ll teach the party a big lesson,” said newly elected Sangha president L. Srinivas. He added that Vokkaligas would organize protests under the guidance of community leaders.

General Secretary C.G. Gangadhar pointed out that Congress won more seats in the Vokkaliga-dominated Old Mysuru region due to Shivakumar’s influence, adding, “If Congress wants to retain power, Shivakumar should be made the CM.”

Outgoing president Kenchappa Gowda emphasized Shivakumar’s contribution to Congress’ victory. “Our community voted for Congress thinking he would become CM. Siddaramaiah has also served the party well, but Shivakumar should now be given a chance,” he said.

Former general-secretary Konappa Reddy appealed to Sonia and Rahul Gandhi to recognize Shivakumar’s loyalty and service, saying, “Congress is known to keep its promises. We hope it won’t break the promise made to him.”

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