BJP exposed, says Kumaraswamy on CM's audio comments'

News Network
November 3, 2019

Bengaluru, Nov 3: JDS leader H D Kumaraswamy on Saturday said the BJP as a party stood exposed by an audio clipping in which chief minister B S Yediyurappa purportedly is heard saying rebel Congress-JD(S) MLAs, who were later disqualified, were kept in Mumbai during the final days of the coalition government under the watch of BJP chief Amit Shah.

In the clipping that has gone viral, Yediyurappa has hit out at party leaders for lack of support in "saving" the BJP government and not recognising the "sacrifice" of disqualified Congress-JD(S) MLAs, because of whom they could come to power. Reacting to the comments, Kumaraswamy, who was then chief minister, said he has decided to file a petition in court based on the contents of the clipping. "We already decided whatever content is there, that we are going to file before the court," Kumaraswamy told reporters during a meet-the-press programme, organised by the press club of Bangalore.

He was referring to the case filed by the disqualified MLAs who have approached the Supreme Court against their disqualification by the then speaker K R Ramesh Kumar. These MLAs want to contest the bypolls on December 5. However, their disqualification has come in the way.

In the clipping, Yediyurappa can be heard expressing anguish at a recent party meeting in Hubballi over local party leaders opposition to giving tickets to disqualified Congress-JD(S) MLAs for the by-polls to15 assembly constituencies.

Commenting on the audio, Kumaraswamy said he will not demand any inquiry because he has reservations about the outcome.

"Any inquiry is not going to help. Based on whatever former Central Vigilance Commissioner N Vittal has written about the functioning of investigation agencies in his book, I am convinced that nothing will happen," Kumaraswamy added.

Stating that the BJP as a party stood exposed after the video, Kumaraswamy said, "Now Yediyurappa himself has revealed the truth." The chief minister had been saying that he never tried to disturb the coalition government and it fell on its own, Kumaraswamy said.

"He (has now) stated that his own national president (Amit Shah) took these 15 MLAs, forced them to resign from the Assembly, kept them in Mumbai for two months only to instal the BJP government here," the former chief minister alleged.

On his recent statement in Belagavi that he did not want the present government to collapse, Kumaraswamy said he wanted the relief work in the flood-hit region to continue and any attempt to bring down the government will impact flood victims adversely.

He explained that his only contention was that if the government is destabilised, president's rule will be thrust on people making it difficult for the administration to carry out relief work and distribute compensation for the flood victims.

It will eventually aggravate the problem of farmers suicide, he claimed.

To a question, whether he would shake hands with the BJP for the people's sake to avoid mid-term elections, Kumaraswamy pointed out he has never said he will support the BJP.

"My point is I will respond to the peoples call. I will support those who fight for people's welfare," Kumaraswamy added.

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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News Network
January 22,2020

Mangaluru, Jan 22: Mangaluru Commissioner of Police PS Harsha said that Aditya Rao, who surrendered before Bengaluru Police after planting an improvised explosive device (IED) at the Mangaluru International Airport, is now in their custody.

"Our Investigation team arrested Aditya Rao in Bengaluru in connection with planting of an explosive device at Mangaluru Airport on January 20. We produced the accused before Bengaluru first JMFC court and court issued transit warrant," said Harsha.

"We have brought him to Mangaluru from Bengaluru, now the accused is in our custody, our investigation team will interrogate him. We will investigate all aspects. He will be produced before Mangaluru 6th JMFC Court," he added.

Rao hails from Udupi and has engineering and MBA degrees.

According to the police, the IED was recovered from a bag at Mangaluru airport on January 20. It was later defused in an open field by the personnel of the bomb disposal squad.

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News Network
May 30,2020

Chamrajnagar, May 30: Karnataka Cabinet Minister Ramesh Jarakiholi said on Friday that over22 Congress MLAs were in touch with him and he can bring five of them.

"More than 22 Congress MLAs are in contact with me and if the high commands wants, I can bring five of them tomorrow," Jarakiholi told reporters.

Replying on speculation that some MLAs in BJP are not happy and want to join the Congress, he said, "Congress is a sinking boat and nobody wants to go to Congress now."

Meanwhile, sources in BJP have said that some party leaders are not happy including Basangouda Ramangouda Patil Yatnal.

Basvanagowda Patil said earlier this week that "BS Yediyurappa is not his CM, he is the CM of Karnataka. My leaders are Narendra Modi and JP Nadda."

The sources also said that other close aides of Yeddyurappa like Umesh Katti and Murugesh Nirani are no longer happy with him as they are yet to be included in the state cabinet.

The sources said Nirani has stood with Yeddyurappa but has not been included in the cabinet. There is speculation that several MLAs are in touch with Nirani.

Sources said Nirani, Umesh Katti, Basvanagowda Patil and several other leaders held a meeting in an undisclosed location.

Congress leader DK Suresh said the Congress has no role in the developments in BJP. "Yeddyurappa government will be brought down by their own MLAs. Congress has no role in it," he said.

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