Note ban is the biggest scam and largest money laundering scheme: UTK

coastaldigest.com news network
November 8, 2017

Managluru, Nov 8: Minister for Food and Civil Supplies U T Khader has termed the last year’s demonetisation as “the biggest scam and the largest government-abetted money laundering scheme”.

Speaking at the Black Day observed by the Dakshina Kannada District Congress Committee to mark the first anniversary of demonetisation on Wednesday in the city, the minister urged the Prime Minister Narendra Modi led-government to release a White Paper on the prevailing economic condition of the country and measures taken to improve the economic condition.

"The Central government should also release a list of people who died while waiting near ATMs or in banks for exchanging the scrapped Rs 1000 and Rs 500 notes. The government should pay compensation and also help in providing free education to the children of the deceased. The Centre should also announce how much black money has been confiscated in the last four years," said the minister.

DK DCC president Harish Kumar termed demonetisation as an "organised loot and plunder." "It has helped to convert black money into white. The Central government has spent Rs 12,000 crore of tax payers' money for reprinting the currency after demonetisation. The industrial production was hit and labourers have lost their job after demonetisation," said the president.

"Disruptions caused by demonetisation has affected the manufacturing activities. India's GDP grew at 5.7% between April to June this year - the slowest pace recorded in 13 quarters or since the NDA government assumed office in May 2014. The BJP that promised of bringing back black money stashed in Swiss banks and crediting Rs 15 lakh to the accounts of citizens has failed in fulfilling its promise. The Centre has imposed highest GST up to 28 % on several goods, which has affected the common man and poor in the way of rise in price," he said.

"The hard-earned tax payers money is being misused in the name of cleaning Ganga river as well. In spite of spending Rs 20,000 crore, the Ganga river water is not clean. The Centre has even failed to waive the loans borrowed by the farmers at a time when Karnataka was reeling under drought," he alleged. Harish Kumar said that the Congress wants to free hunger from the country.

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News Network
December 15,2025

Udupi, Dec 15: What was meant to be a post-pilgrimage gathering turned tragic in Padukere village of Brahmavar taluk, Udupi district, late Sunday night, when a clash among youths escalated into a fatal assault, leaving one man dead.

The victim has been identified as 30-year-old Santosh Mogaveera, a resident of Padukere.

According to preliminary information, the incident took place during a late-night drinking party involving a group of local youths who had recently returned after completing their pilgrimage to the Sabarimala shrine. An argument reportedly broke out among the group and soon escalated into a violent confrontation.

During the ensuing brawl, Santosh Mogaveera was allegedly assaulted and collapsed at the spot after sustaining serious injuries. He was rushed by local residents to a private hospital in Brahmavar, where doctors declared him dead.

On receiving information, senior police officials, including Brahmavar Circle Inspector Gopikrishna, Kota Police Sub-Inspector Praveen Kumar T, Station ASI Manthesh Jabagoudar, and head constables Pradeep and Ashok, visited the spot and conducted an inspection.

Police have taken four youths into custody in connection with the incident. A case has been registered at the Kota police station, and further investigation is underway to ascertain the exact sequence of events leading to the death.

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News Network
December 2,2025

Puttur: The long-cherished dream of a government medical college in Puttur has moved a decisive step closer to reality, with the Karnataka State Finance Department granting its official approval for the construction of a new 300-bed hospital.

Puttur MLA Ashok Kumar Rai announced the crucial development to reporters on Monday, confirming that the official communication from the finance department was issued on November 27. This 300-bed facility is intended to be the cornerstone for the establishment of the government medical college, a project announced in the state budget.

Fast-Track Implementation

The MLA outlined an aggressive timeline for the project:

•    A Detailed Project Report (DPR) for the hospital is expected to be ready within 45 days.

•    The tender process for the construction will be completed within two months.

Following the completion of the tender process, Chief Minister Siddaramaiah is scheduled to lay the foundation stone for the project.

"Setting up a medical college in Puttur is a historical decision by the Congress government in Karnataka," Rai stated. The project has an estimated budget allocation of Rs 1,000 crore for the medical college.

Focus on Medical Education Department

The MLA highlighted a key strategic move: requesting the government to implement the hospital construction through the Medical Education Department instead of the Health and Family Welfare Department. This is intended to streamline the entire process of establishing the full medical college, ensuring the facilities—including labs, operation theatres, and other necessary infrastructure—adhere to the strict guidelines set by the Medical Council of India (MCI). The proposed site for the project is in Bannur.

Rai also took the opportunity to address political criticism, stating that the government has fulfilled its promise despite "apprehensions" and "mocking and criticising" from opposition parties who had failed to take similar initiatives when they were in power. "Chief Minister Siddaramaiah has kept his word," he added.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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