Latest Depositors’ Interest Protection Act News & Updates

Bengaluru, May 16 (IANS) Karnataka Police have intensified the investigation into the alleged Rs 4,500 crore fraud case involving controversial social activist Shivananda Neelannanavar, who was arrested by the police in Belagavi city, officials said on Saturday. The accused is charged with misappropriating thousands of crores of rupees invested by members of the public and former soldiers.Shivananda Neelannanavar, owner of Shivam Associates, is alleged to have made controversial speeches, organi…