This Article is From Jul 06, 2012

Non-bailable warrant issued against Karnataka forest minister

Bangalore: A local court in Bangalore has issued a non-bailable warrant (NBW) against Karnataka Forest Minister CP Yogeshwar after he failed to appear before it in connection with Mega City Scam cases filed against him.

The court also adjourned the cases to September 3.

The First Additional Chief Metropolitan Magistrate court trying special economic offences issued the NBW against Mr Yogeshwar recently.

Mr Yogeshwar was allegedly involved in 14 cases concerning the Mega City (Bangalore) Builders and Developers Ltd (MDBL), an entity floated with by him in April 2009.

The firm had shown an amount of Rs 37.22 crore as paid to sundry debtors (miscellaneous small or infrequent customers who are not assigned individual ledger accounts but classified as a group) during 2005-06. It was shown as advance paid for purchase of land for Vajragiri project launched by MDBL between 1995-96 and 2005-06.

It was later found that no land was acquired by Mr Yogeshwar's real estate company though such fraudulent deeds were shown in its account.

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 complaint was lodged in the Vidhana Soudha Police Station by Ashok Kheny, Director of Nandi Engineering Limited which is constructing the Bangalore Mysore Infrastructure Project.

Mr Yogeshwar, who was then developing the Megacity Project on the outskirts of the city, is alleged to have approached the company assuring them of a transfer of his land for the project in 2005.

The complaint alleged that he summoned them to Legislators' Home for final negotiations, after which the company had issued two cheques for Rs 1 crore each in January 2005.

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