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Udupi: Minister Pramod denies allegations of defrauding bank of Rs 193 crore

  •   Wed, Mar 14 2018 04:58:28 PM

Daijiworld Media Network – Udupi (HB/EP)

Udupi, March 14: Reacting to some reports that claim that Karnataka sports minister Pramod Madhwaraj has been accused of defrauding a bank to the tune of Rs 193 crore, the minister has said that he is not involved in any such crime.

The reports making rounds in social media said that that a complaint is being handled by ministry of finance, New Delhi regarding the alleged fraud of Rs 193 crore.
Pramod Madhwaraj was speaking to reporters here on Wednesday, March 14.

It is claimed in the reports that the minister had borrowed the amount from Syndicate Bank, Malpe branch by pledging records of property worth only Rs 1.1 crore. It is also alleged in the reports that the bank staff members also are involved in the wrongdoing and the complaint has been registered under section 12 B, 415, 420 and 403 of IPC.
Minister Pramod Madhwaraj has ruled out any fraud in the incident. He said he would not have remained so happy if he had cheated of Rs 193 crores.

“I have pledged as much property as is required for the loan. The loan was advanced on the basis of my property. Any investigation can be conducted about it. Syndicate Bank is owned by the Union government. I am helpless if you believe false allegations. Anyone can visit Syndicate bank, Malpe branch and enquire about the same,” Madhwaraj said.
  

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Comment on this article

  • Ashok Shetty, Mangalore

    Thu, Mar 15 2018

    I feel very strange why every one is blaming BJP for this I think it is lack of information. Infact the complaint about Mr Pramod was given to RBI and the Finance Ministry by one gentle man by name Mr. T. J. Abraham a social worker. very strange all are blaming BJP. Grow up get get your facts right and then comment

    DisAgree [5] Agree [5] Reply Report Abuse

  • Anil, Dubai

    Thu, Mar 15 2018

    Why this social worker has wait. ? till date to complaint …[ now he got the time to complaint that to be when election is near .. is it not the strange ..? !!! ].. ...
    "Grow up get your facts right and then comment" ..This point concludes you too as well.....

    DisAgree [3] Agree [5] Reply Report Abuse

  • Anil, Dubai

    Thu, Mar 15 2018

    They have left no other option,..!!! they try their level best ...
    Next target .. will be Gopal poojary (Byndoor constitution) ....

    DisAgree [10] Agree [22] Reply Report Abuse

  • Af,,, Mangalore

    Thu, Mar 15 2018

    Shame on Bjp, anyone in this country having bank loans, it doesnt mean they are cheating to bank, ,yes he has taken loans and re pay it on time to time, what is the problem? is bank is complained ?
    these are all election gimmicks ,do what ever but pramod madwaraj can not be defeated in udupi.

    DisAgree [8] Agree [25] Reply Report Abuse

  • Arun, Udupi / Oman

    Thu, Mar 15 2018

    Can someone please let me know if an individual to get loan of 193 Crores, what is the total value of his property to be pledged to bank??

    DisAgree [2] Agree [23] Reply Report Abuse

  • Sachidanand Shetty, Mundkur/Dubai

    Thu, Mar 15 2018

    Very good question Dear Arun.... but next question is...from where he got that much property???

    DisAgree [6] Agree [10] Reply Report Abuse

  • Truth Teller, Karnataka

    Thu, Mar 15 2018

    Mr. Sachhidananda, Have you ever taken some time to check what Pramod is doing for a living!?. For your information, I will tell you!. Mr Pramodji is owning a fish processing factory called Coronet canning company and exports canned fish products to many countries with a turnover of 600 - 800 crores per annum!. This company was started by his Father!. He also distributes money to thousands of poor people and it runs into many crores!. he has helped many buy boats, vehicles and paid hospital expenses for many!. Who else does this!?. he also distributes water in tankers to Udupi free of cost using his own money!. Now calculate how much property he can make with that money!.

    DisAgree [3] Agree [8] Reply Report Abuse

  • Vincent Rodrigues, Bengaluru/Katapadi

    Thu, Mar 15 2018

    He need to file a defamation case against those who levelled this false charges if he is clean in the issue,

    DisAgree [1] Agree [23] Reply Report Abuse

  • Hasan, Doha

    Thu, Mar 15 2018

    This is called character assassination by bhakts. Recently he got best MLA award. which Bhakt count not digest.

    DisAgree [12] Agree [28] Reply Report Abuse

  • Kusuma Kumari G, Nellore

    Wed, Mar 14 2018

    Pramod madhwaraj will never do that. He is a great person. Not corrupt like others

    DisAgree [11] Agree [32] Reply Report Abuse

  • Rudolf Rodrigues, Mumbai

    Wed, Mar 14 2018

    I don't think Madhwaraj would have been spared till now if he was really involved in such a big fraud!! Somebody is desperately trying to tarnish his image!!

    DisAgree [15] Agree [74] Reply Report Abuse

  • gireesh, bengaluru

    Thu, Mar 15 2018

    PEOPLE WHO HAVE MADE THIS CLAIM MUST BE CRAZY..... DRUNK.......OR ... TRIPPING

    DisAgree Agree [1] Reply Report Abuse

  • ca girishkk, m'lore/dxb

    Wed, Mar 14 2018

    Jeevana...,

    Can you help/save people of Hindustan getting troubled by this virus of the century called FEKUISM...,

    take it easy..., who knows...????
    Once all these FEKU stories become flop.., beef stories will come into play...,

    All Hindus must take note of Gau Rakshaks background..., if i am not mistaken... it appears to be ...., one of the filthy rich profession...!!!!

    jh
    jai hind..,

    DisAgree [14] Agree [48] Reply Report Abuse

  • Sandy, Udupi

    Wed, Mar 14 2018

    BJP getting desperate.
    First, they tried to get him to their side.
    Now, trying some desperate mudslinging.
    BJP will end up with egg on its own face if it is unable to put up a worthwhile candidate.

    DisAgree [15] Agree [63] Reply Report Abuse

  • Charlie, Mangaluru

    Wed, Mar 14 2018

    Chaddiless people are so corrupt that they have spoiled the name of Dakshina Kannada and the bank name. He should come out with the real facts if bank employees are involved in the fraud. Dhood ka Dhood,pani ka pani before it is too late. All coast guards should be alerted if they find out new way of escaping.

    DisAgree [8] Agree [35] Reply Report Abuse

  • ORIGINAL JEEVAN, MANGALORE

    Wed, Mar 14 2018

    Cheap politics by BJP to tarnish the image of Number 1 MLA of Karnataka

    DisAgree [19] Agree [76] Reply Report Abuse

  • Jeevan, Mangalore/Abu Dhabi

    Wed, Mar 14 2018

    The BJP IT team has been expert in spreading rumours and lies.
    Now they have got one more topic to make time pass....

    DisAgree [19] Agree [70] Reply Report Abuse

  • RK, Mangalore

    Wed, Mar 14 2018

    Cheap politics by BJP as they have no development to show.

    DisAgree [13] Agree [61] Reply Report Abuse

  • Ranjith Kumar, Mangalore

    Wed, Mar 14 2018

    If BJP has evidence then file a case against Madhwaraj. He is still in Udupi and hasn't run away with the money abroad. Otherwise Madhwaraj will file a case of defamation against BJP for undisclosed sum whereby BJP will go bankcrupt.

    DisAgree [8] Agree [49] Reply Report Abuse

  • JK, Udupi

    Wed, Mar 14 2018

    I thought he is the only honest guy left in Congress. That also proved to be wrong now..

    DisAgree [68] Agree [22] Reply Report Abuse

  • H. Siddhanti, Udupi/Washington DC

    Wed, Mar 14 2018

    Did it ever occur to you that this is the sleazy propganda by bjp who are becoming increasingly desperate?

    DisAgree [14] Agree [41] Reply Report Abuse

  • JK, Udupi

    Wed, Mar 14 2018

    H.Siddhanti, this is what occured to me right now, if you search the word 'congress' in google, it might ask you 'did you mean corruption?'.

    DisAgree [29] Agree [17] Reply Report Abuse

  • JK, southkanara

    Wed, Mar 14 2018

    I feel Pramod is a nice person and of helping nature.... Still in this world of fraud, forgery, crime mafia gang war etc... a good person could be pulled towards some bad things... Similar things might have happened to Pramod... God knows what is hiding behind a ant hill where snakes rest...

    DisAgree [3] Agree [23] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Wed, Mar 14 2018

    Duffers,
    Pramod Madhwaraj has not disappeared and is still in Malpe ...

    DisAgree [11] Agree [52] Reply Report Abuse

  • jeevan, kudla

    Wed, Mar 14 2018

    khangress party choor hai.

    DisAgree [120] Agree [27] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Wed, Mar 14 2018

    Aaj BJP Ka Dulai Huva ...

    DisAgree [19] Agree [87] Reply Report Abuse

  • Jeevan, Mangalore/Abu Dhabi

    Wed, Mar 14 2018

    @ Jeevan Kudla,

    If Congress Party is Choor!!
    what about BJP?
    The biggest scam is a complete disregard of party's election manifesto --
    While there are many broken promises before the Lok Sabha elections, BJP made many promises,
    a) transparency and accountability,
    b) significant improvements to foster a friction less, healthy business environment,
    c) skills training & a better job prospects for the youth. There has been only symbolic movements on these fronts. Majority of the citizens feel cheated in a big way -- isn't that what a mega scam is?

    DisAgree [10] Agree [46] Reply Report Abuse

  • Ronald D, Udupi

    Wed, Mar 14 2018

    Jeevan, Mlore / AD, they are Gods party, no one can question them! They have brainwashed people on religion agenda, development is least important to them! Busy with communal agenda! Many jobless to support them with shawl and panga nama!

    DisAgree [6] Agree [39] Reply Report Abuse

  • ARMANDO, URWA

    Wed, Mar 14 2018

    They are enemies in-front of common people but hey are brothers when crimes are concerned.
    One will allow to rob and another will allow to escape. Then both will combine together to fool common people. See Vijay malya, Subrato Roy , Nirav Modi.........
    Tell me will you allow your brother to get trashed by somebody in your house even though he is bad, robber, rowdy etc. --NO, not at all.

    DisAgree [2] Agree [7] Reply Report Abuse


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Title: Udupi: Minister Pramod denies allegations of defrauding bank of Rs 193 crore



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