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Investigators allege Lodha, appointed to the company board in 2015 with authority limited to land acquisitions, abused his position by orchestrating a complex web of unauthorised transactions that siphoned funds and assets from the developer. The Enforcement Directorate’s case stems from a cheating and forgery complaint filed with Mumbai police under the Bharatiya Nyaya Sanhita, which provided the predicate offence for the money-laundering inquiry.

The probe suggests that Lodha, in collusion with his son Sahil and several associates, manipulated company land and transferable development rights through shell entities and front companies. One scheme of alleged manipulation involved purchasing parcels of land through intermediaries and later reselling them to the company at inflated prices, creating financial losses estimated at more than Rs 85 crore.

Investigators also outline the use of fabricated memoranda of understanding to designate false possession holders, enabling the accused to divert company funds under the guise of legitimate land transactions. In one instance cited by authorities, a 4,150-square-metre plot in Panvel was reportedly sold to an entity linked to Lodha for a fraction of its market value, resulting in a direct loss of around Rs 9.5 crore to the developer.

The Enforcement Directorate’s action follows months of coordinated inquiry involving searches and forensic analysis. Teams previously executed search operations at multiple locations across Mumbai and the wider metropolitan region to trace the alleged proceeds of crime and associated assets. These raids, conducted in the latter part of last year, targeted residential and business premises of individuals connected to the case as well as intermediary firms suspected of facilitating fraudulent transfers.

Law enforcement documents indicate that the probe has unearthed evidence of cash withdrawals, benami transactions, and the misuse of corporate resources for private benefit, augmenting the central agency’s view that the alleged laundering extended beyond routine bookkeeping irregularities. Officials have emphasised that the investigation remains active, with further custodial interrogation intended to identify additional participants and recover assets linked to the alleged illicit gains.

The case traces its origins to a complaint lodged by Lodha Developers — which has since evolved into one of India’s largest property firms — after its internal audits flagged a series of suspicious transactions that could not be readily explained through normal corporate activity. Following the filing of the police complaint in 2025, the Crime Branch initiated its own investigation under charges including fraud, criminal breach of trust and conspiracy, leading to the initial detention of Lodha and others.

Statements obtained by police during the early stages of the inquiry, including witness accounts, have been cited as instrumental in mapping the pattern of alleged diversion of funds. One individual who worked in Lodha’s employ reportedly provided details of large cash movements, while digital evidence extracted from electronic devices is said to have helped establish links between the transactions and the accused associates.

Industry observers noted that the unfolding of events has prompted renewed scrutiny of governance and oversight mechanisms within major real estate developers. Corporate governance experts point out that the case underscores the importance of transparent land acquisition processes and robust checks on executive authority to safeguard shareholder interests. While Lodha Developers has not publicly commented on the specifics of the case, companies facing internal fraud investigations often review compliance systems to reassure investors and regulatory bodies.

From Routine Check-ups to Advanced Endoscopy: Building a “Prevention, Treatment, and Recovery” Lifeline for Every Stage of a Pet’s Life

HONG KONG SAR – Media OutReach Newswire – 10 February 2026 – As a leading animal medical institution in Hong Kong, the Veterinary Emergency Centre (VEC) has always been committed to providing the most comprehensive and reliable health protection for pets. To further enhance its “General Family Vet” care experience, VEC is pleased to announce the official appointment of Dr. Martin, a professional general practitioner. Dr. Martin will lead a wide range of outpatient services, covering everything from routine physical examinations, dental care, and geriatric/pediatric care to advanced endoscopic procedures. This appointment reinforces VEC’s one-stop health commitment of “from prevention to recovery,” serving as a trusted medical backbone for pet owners.

VEC is dedicated to integrating its professional 24-hour emergency mechanism with in-depth general care. Equipped with advanced medical systems—including sophisticated operating theaters, Intensive Care Units (ICU), and CT scanners—VEC ensures precision in every step from routine screenings to deep diagnostics. Through a rigorous triage process, the centre can immediately respond to emergencies such as accidental ingestion of foreign objects, ensuring no delay in life-saving treatment. This round-the-clock intensive care capability provides the most stable support for endoscopy, dental care, and soft tissue surgery, achieving seamless protection from preventive medicine to the recovery phase.

Starting from Prevention: Building a Health Defense Line for the Entire Life Cycle

VEC’s professional dental care services for cats and dogs aim to maintain healthy teeth and gums, ensuring pets live longer and healthier lives. Many pet owners may be unaware that dental disease is one of the most common health issues in pets; up to 80% of dogs and cats begin to suffer from dental problems around the age of three. Dental disease not only causes discomfort but can also allow bacteria to enter the bloodstream and spread throughout the body, leading to more serious conditions such as kidney, heart, and metabolic diseases.

Regular dental care helps prevent various health issues and reduces the risk of pain or gum infections. Early detection of dental problems significantly improves a pet’s quality of life. With extensive clinical experience, Dr. Martin excels at handling the diverse care needs of pets from puppy/kittenhood to their senior years. He firmly believes that excellent medical care should not stop at “treatment” but must begin with “prevention.”

“The role of a general family vet is to accompany pets through every stage of their lives,” says Dr. Martin. “Through regular physical exams, oral care, and ultrasound monitoring, we can detect potential health risks early and intervene before a disease develops. This not only alleviates the pet’s suffering but also significantly enhances their quality of life.” Dr. Martin also reminds pet owners: “Prevention is better than cure. Owners should pay attention to subtle but persistent changes in daily life, such as appetite, water intake, weight, and behavior patterns. These are often the most overlooked aspects of a health check-up.”

Case Study: Advanced Endoscopy Saves Pet from Major Surgery

Dr. Martin holds a keen interest in endoscopy and soft tissue surgery, utilizing advanced equipment for precise diagnosis. He recently handled a memorable emergency case involving Taro, a mischievous Jack Russell Terrier. While his owner was playing a board game, Taro curiously swallowed a die, leading to immediate vomiting and loss of appetite.

Facing this critical situation, Dr. Martin leveraged his clinical experience to perform an endoscopic procedure during the “golden window” of time. This allowed him to successfully retrieve the foreign object from Taro without the need for invasive surgery, avoiding the trauma and risks associated with traditional laparotomy. Taro recovered rapidly after the procedure and was able to return home the same day.

Dr. Martin’s diagnostic and treatment philosophy aligns perfectly with VEC’s core values. Supported by VEC’s robust 24-hour emergency infrastructure and high-end equipment, Dr. Martin provides immediate, high-level endoscopic treatment for sudden cases like Taro’s, saving critical time and reducing the risks associated with hospital transfers.

Seamless Trilingual Communication: Caring for the Vet-Patient Relationship with a “Family-First” Heart

Beyond his medical expertise, Dr. Martin’s linguistic advantages provide transparency and psychological support for pet owners. Graduating from the University of Edinburgh in 2018, Dr. Martin is fluent in English, Cantonese, and Mandarin. Not only can he manage various soft tissue surgeries and endoscopic treatments, but his “internal and external” versatility allows him to communicate accurately and warmly with pet owners from diverse backgrounds, helping them choose the most suitable treatment plans.

He practices medicine under the philosophy of “Caring for pets and owners with a family-first heart.” Dr. Martin believes that effective communication can alleviate the anxiety owners feel when their pets are ill, building a deep bond of trust. “I hope every owner who enters the consultation room can feel the sincerity of ‘treating pets as our own,’” he adds. “When we treat patients as family, the diagnosis becomes deeper and the treatment warmer.” This human-centric communication model helps address not only the pet’s physiological pain but also supports the owner through the ups and downs of the treatment process.

By combining VEC’s powerful hardware and 24-hour emergency system with compassionate, detailed communication, the addition of Dr. Martin ensures that the “General Family Vet” experience remains person-centered, helping pet families build a stronger and more transparent health defense line.

VEC Veterinary Emergency Centre (Belcher’s Street)
Address: Shop B2-C, G/F, Luen Wai San Chuen, 136-142 Belcher’s Street, Kennedy Town, Hong Kong
Scope of Service: Open 24/7, providing 24-hour emergency and inpatient services, house-call services, and professional support for emergencies at any time.

VEC Veterinary Emergency Centre (Davis Street)
Address: Shop C & H, G/F, Luen Kee San Chuen, 9-9C Davis Street, Kennedy Town, Hong Kong
Scope of Service: Providing specialized internal medicine, various surgical and orthopedic procedures, and outpatient services.

Outpatient Appointment: 2334 2334
24-Hour Emergency Hotline: 6828 6620
WhatsApp: 5599 1144

Hashtag: #VEC

https://www.vec.com.hk/zh-hant
https://www.facebook.com/vec.vethk
https://www.instagram.com/vec.vethk
https://youtube.com/@vecvethk

The issuer is solely responsible for the content of this announcement.

About VEC Veterinary Emergency Centre

VEC Veterinary Emergency Centre possesses advanced diagnostic and treatment technologies. Our team is comprised of experts certified by the Veterinary Surgeons Board, registered veterinarians, and professionally trained staff. We provide excellence in medical services, covering various specialties, surgery (including cardiology), and animal acupuncture to meet every need of your pets.

Football Matchday Isn’t Always in a Stadium – In Malaysia, It’s at the Guinness Clubhouse

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 10 February 2026 – In Malaysia, football fans are experiencing matchday a little differently this Premier League season. With kick-offs often taking place after midnight – sometimes as late as 1am or 3am – following a match has become a late-night commitment rather than a quick night out.

Introduced by Guinness, the official beer of the Premier League, Guinness Clubhouse is a football-themed experience created earlier this season to bring fans together around the rituals of matchday, not in a stadium or a pub, but in a shared, home-style setting designed for watching the game together when most places have closed.

Set to run through February 2026, Guinness Clubhouse reflects a broader shift in how football is experienced globally, particularly in countries where fans follow the game across time zones. Since its launch in November 2025, every weekend match night has been fully booked until February, highlighting strong demand for shared matchday experiences built around atmosphere, connection, and togetherness.

Inside Guinness Clubhouse

Hashtag: #guinnessclubhouse #GuinnessMY #ALovelyDayForGuinness

The issuer is solely responsible for the content of this announcement.

About Heineken Malaysia Berhad

HEINEKEN Malaysia is one of the leading brewers in the country with its portfolio of iconic international brands.

The Company brews, markets and distributes:

• The World’s No. 1 international premium beer Heineken®
• The World-acclaimed iconic Asian beer Tiger Beer
• The World’s No. 1 stout Guinness
• The premium wheat beer born in the Alps Edelweiss
• And many more. Visit www.heinekenmalaysia.com for a full overview of our portfolio

HEINEKEN Malaysia advocates responsible consumption through its Enjoy Responsibly and When Your Drive, Never Drink campaigns. HEINEKEN Malaysia’s corporate responsibility initiatives are carried out by its corporate responsibility arm, SPARK Foundation, focusing on environment and community partnerships.

Listed on the Bursa Malaysia Main Market, the principal shareholder of HEINEKEN Malaysia is GAPL Pte Ltd headquartered in Singapore. GAPL Pte Ltd is 100% owned by Heineken N.V. For more information, please visit: www.heinekenmalaysia.com.

SpiceJet has expanded its international network with the launch of direct services linking Sharjah with key cities, adding fresh capacity to one of the Gulf’s busiest short-haul corridors and reinforcing Sharjah Airport’s position as a major gateway for travellers between the UAE and the subcontinent.

The new services mark SpiceJet’s return to Sharjah after a prolonged period of network consolidation, coming as demand for point-to-point travel continues to rise among expatriate workers, small businesses and leisure passengers. Airline executives said the route selection reflects sustained passenger flows and a preference for nonstop connections that reduce travel time and reliance on larger hub airports.

Sharjah Airport Authority confirmed that the additional frequencies strengthen the airport’s connectivity with South Asia, which remains among its most significant source markets for both inbound and outbound travel. Passenger traffic on these routes is underpinned by labour mobility, family visits, education links and growing trade ties, particularly in manufacturing, retail and services. Airport officials have previously indicated that traffic volumes on South Asia routes have shown steady recovery and expansion following the disruption of earlier years.

SpiceJet’s Sharjah operations are being introduced at a time when the carrier is gradually rebuilding its international footprint. The airline has focused on deploying narrow-body aircraft on high-density, short-haul sectors where cost discipline and quick turnarounds are critical. Industry analysts note that Gulf routes, especially those linking secondary airports, offer relatively stable yields due to consistent demand and limited seasonality.

The Sharjah services place SpiceJet in direct competition with established operators that already serve the corridor, including full-service and low-cost carriers. Competition on pricing and schedules is expected to intensify, benefiting passengers through wider choice and more flexible travel options. Aviation consultants say Sharjah’s appeal lies in lower operating costs compared with larger hubs, as well as its proximity to northern emirates with sizable expatriate populations.

Sharjah Airport has pursued a strategy of attracting airlines that focus on value-driven travel rather than purely premium traffic. The airport’s ongoing infrastructure upgrades, including terminal enhancements and airside capacity improvements, have been designed to handle rising passenger volumes while maintaining quick processing times. Officials have highlighted that improved facilities support airlines seeking efficient operations without the congestion associated with mega hubs.

For SpiceJet, the move also aligns with broader efforts to stabilise operations and restore market confidence. The airline has worked to address fleet availability and financial pressures, while selectively adding routes that promise strong load factors. Aviation sector observers say disciplined network growth is essential for carriers operating in a competitive low-cost environment, particularly as fuel prices, leasing costs and currency movements continue to influence margins.

Travel industry executives point out that Sharjah’s catchment area extends well beyond the emirate itself, drawing passengers from neighbouring regions who prefer a less crowded airport experience. This has helped Sharjah maintain its relevance despite intense competition from Dubai and Abu Dhabi. The addition of SpiceJet flights is expected to further diversify the airport’s airline mix and strengthen its role as a regional connector.

The launch also reflects a wider trend of carriers re-evaluating secondary Gulf airports as viable alternatives for international expansion. With bilateral air service agreements allowing incremental capacity growth, airlines are increasingly targeting routes that balance volume with operational efficiency. Analysts say this approach is particularly attractive for carriers seeking to rebuild international revenues without overextending resources.