Rs.4,500 crore deposit fraud case: Key accused produced before judge in Karnataka's Belagavi
Belagavi, May 17 -- Shivananda Neelannavar, the prime accused in the alleged Rs.4,500-crore deposit fraud case, was produced before a judge at the latter's residence in Belagavi after undergoing a mandatory medical examination at the Belagavi Institute of Medical Sciences (BIMS) Hospital.
Police took Neelannavar to BIMS Hospital for a medical check-up before presenting him before the judge. He was later shifted from his office in Shivabasava Nagar for further legal proceedings.
According to police officials, Neelannavar was questioned continuously for nearly 12 hours at his office. During the search operation, officers carried out document verification and examined online financial transactions linked to the firm.
Police recovered a la...
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