Another jolt to coalition govt as Congress MLA Anand Singh announces resignation

News Network
July 1, 2019

Bengaluru, Jul 1: In a major blow to the 13-month-old JD(S)-Congress coalition government, Congress MLA from Vijayanagar Anand Singh on Monday announced his decision to resign amid speculation that Opposition BJP has renewed its efforts to poach rival party legislators to topple the government.

Singh, who was recently upset with the coalition government’s move to give away 3,667 acres of land to JSW Steel in Ballari, also met Governor Vajubhai Vala and appraised him on his decision. “I have resigned. I am meeting the Governor to inform him about my decision,” Singh told reporters.

Speculation was rife in the political circles that more than half a dozen disgruntled Congress and JD(S) MLAs will follow suit. Many of the Congress and the JD(S) MLAs are upset with their parties for not making them ministers.

The development has come at a time when Chief Minister H D Kumaraswamy is away in the US on a private visit. Kumaraswamy is expected to return to Bengaluru on July 6.

‘Not received’

Meanwhile, Karnataka Legislative Assembly Speaker Ramesh Kumar today denied having received Resignation letter from Congress MLA Anand Singh, who claimed to have tendered his resignation to the assembly seat.

"I have not received Resignation from any Legislator belonging either to Congress or JDS--Coalition partners of the Karnataka Government headed by Chief Minister H D Kumaraswamy," he added.

Talking to newsmen here on Monday, Ramesh Kumar said that "I am staying in a rented House and I don’t know to whom he (Anand Singh) has given his resignation letter. I am not aware about he tendering his resignation."

Comments

kumar
 - 
Wednesday, 3 Jul 2019

These are selfish people who are after money only.   MLAs leaving Congress to BJP are not human.  they are after money only.  Money is their belief and religion.   They are as if traitors and anti nationals.   They are cheaters also.   they beg for public vote in the name of one party and after getting elected they are looking for another party who offers them money.   Public should take note of such monkeys and should never vote them again and such poepl should be taught good lesson whenever they approach public for vote.    I wish public should make their head bald and make them sit on ass and run in the streets.  

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coastaldigest.com news network
July 22,2020

Kasaragod, Jul 22: An accused in a POCSO case jumped into the sea at Kasaba Coast near here on Wednesday.

Sources said the accused Mahesh (28), resident of Soorlu Kanhangad, was brought to the groyne ('pulimuttu' in Malayalam) at the coast for collecting evidence.

He escaped from the police and ran around 200 meters towards the sea and jumped into it. The effort to rescue him also failed.

Police, Fire & Rescue officials and fishermen are searching for the body of the accused.

Mahesh was arrested on charge of capturing the video of a minor girl in a washroom on his mobile. 

During interrogation, he had told the copse that he had hidden the mobile, which was used to video record the act, near the groyne. Accordingly, the police had brought him to this place.

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News Network
April 18,2020

Mangaluru, Apr 18: Three people, including a woman, who were being treated at the city's Wenlock Hospital have been discharged after they recovered from Novel Coronavirus (COVID-19).

With this, a total of 12 people who had tested positive for the virus until Thursday have been discharged from various hospitals in Dakshina Kannada.

A 39-year-old advocate from Uppinangady tested positive for Covid -19 on Friday, he has been admitted to the Wenlock Hospital and is being treated. With this, only one COVID-19 positive patient is being treated at Wenlock Hospital till Friday evening.

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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