Daijiworld Media Network - Udupi (SP)

Udupi, Jul 20: A case stands registered in Hebbal police station Bengaluru relating to availing huge loans from cooperative institutions at Udupi on the basis of fake documents. The case was registered on the basis of a complaint filed by Kishore Hegde, resident of Dollars Colony, Bengaluru.

Kishan Hegde Kolkebail, his wife, Prasidini Shetty, a chartered accountant, Kumar, who allegedly helped the first two to raise these loans, and notary, B L Chidambar Reddy, have been named in the complaint. A case has been registered against them.

Allegedly the accused created a fake power of attorney on July 11, 2005. Kishore Hegde said that fake signatures of his brother, Kiran Hegde, who lives in the USA and mother, Vishalakshi Hegde, were placed on this document. He said that Kumar and Chidambar Reddy had never met Kiran, Kishore or his mother and that they do not know them personally.

By offering the property belonging to Kishore Hegde's undivided family, Kishan Hegde and his wife reportedly raised crores of rupees in the form of loans from cooperative institutions in Udupi and deceived them. Kishan also sold three-acre of land to a person named Salian on the basis of the above fake power of attorney for lacs of rupees. A part of the land was also transferred by Kishan Hegde in the name of his wife on the basis of fake power of attorney, Kishore has alleged. Kishore also said that Kishan Hegde is an influential person being former vice president of cooperative bank and feared about the chance of his family being harmed.