The 1995-2000 Mega City Scam haunted the state Forest Minister CP Yogeshwar once again. The Minister has been issued non-bailable warrant (NBW) by a local court for not appearing in the cases. All the cases were adjourned to September 03. The First Additional Chief Metropolitan Magistrate court trying special economic offences issued the NBW against Mr Yogeshwar recently.
It may be noted that earlier in 2011, the Union ministry of company affairs submitting its report after a probe into the complaints of fraud and cheating against Yogeshwar, who was the managing director of Megacity Developers and Builders Limited which collected huge funds under a mega plan to allot sites in the proposed Vajragiri Township on the outskirts of Bangalore during 1995-2000. As per the report no land was purchased by the company, inspite of collecting hefty amounts from gullible public. Besides this, the Minister has also been facing a criminal case filed by a subsidiary company of Nandi Infrastructure Corridor Enterprise Limited (NICE) on the charge of cheating it of Rs. 2 crore and breach of trust.
The Megacity Site Members' Welfare Association had complained that they have been swindled of Rs 37 Cr after being promised sites in Vajragiri Township that failed to come up.
(With inputs from internet- AW AarKay)
(And get your daily news straight to your inbox)
Finance Minister Arun Jaitley tabled the Goods and Services Tax Bill in the Lok Sabha
BSNL's officials will hold regular interactions with members of Parliament, apprising
Earthquake struck 80km east of Pokhara, about halfway between the town and the countr
Supreme Court has sought a response from the government on a petition seeking a decla
Italy dismantled an alleged Islamist terrorist network with links to al-Qa'ida, claim
It was a different All India Congress Committee’s vice president Rahul Gandhi durin