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BJP to finalize DK ZP president soon

[email protected] (CD Network)
February 25, 2016

Mangaluru, Feb 26: The BJP will make a candidate who can give “mass leadership” as the president of the Dakshina Kannada Zilla Panchayat (ZP) for the next five years, said K. Prathap Simha Nayak, president of the Dakshina Kannada unit of the party.

pratapAddressing presspersons here on Thursday, Mr. Nayak said that the choice of the candidate for the post of panchayat president depends on the reservation to be announced by the government. “But the party would ensure that an able party member of the panchayat would be made president,” he said.

Mr. Nayak said that the party has made it to the elected body of the panchayat for the third time.

Though there was no “ruling party advantage factors” for the BJP this time, it had defeated the Congress, he said.

He said that the results of the elections to the zilla and taluk panchayats in the district were a caution to the Congress, which he said had failed to respond to the people.

Mr. Nayak alleged that the “appeasement policy”, misuse of power in the de-limitation of the constituencies and fixing reservations, filing false cases against people boomeranged on the Congress.

He said that District in-charge Minister B. Ramanath Rai had restricted himself as a “minister for Bantwal Assembly constituency” and not for the entire district.

To a question, he said that the party would continue to take up the Yettinahole project issue and fight against it.

He said that the BJP would give pro-people administration in the zilla and taluk panchayats where it has been elected.

Ganesh Karnik, MLC, and K. Monappa Bhandary, former MLC, were present.

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News Network
March 30,2020

Mangaluru, Mar 30: Police on Monday registered a case against a man, who, after return from Dubai, had failed to adhere to lockdown guidelines of house quarantine.

The case was filed by Assistant Commissioner, Puttur, Dr Yathish Ullal.

The man, who returned from Dubai on March 21, had a seal on his hand and was supposed to stay at home for 14 days, but was seen roaming around the city, hence he was taken into custody and a case registered.

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coastaldigest.com news network
July 31,2020

Mangaluru, July 31: Extending Eid al-Adha greetings to the people, S M Rashid Haji, president of the Bearys chamber of commerce & industry has termed the festival as a symbol of sacrifice and patience. 

“Eid al-Adha commemorates the Prophet Ibraheem’s (a) test of faith and sacrifices. It symbolizes sacrifice and endurance,” he said.

“Every human being during his lifetime faces one or the other test from the Almighty… Now we are collectively facing the hardship... May this festival bring goodness and peace, and herald the end of pandemic,” he said.

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KT
April 12,2020

Apr 12: The board and management of troubled NMC Healthcare should be held accountable for the financial irregularities, said Abdulaziz Al Ghurair, chairman of the UAE Banks Federation.

"Banks have dealt with the exposure professionally and they lent to a company which was listed on FTSE-100 index with world-class regulator and the world's largest audit firm doing their audit. Even if they present their balance sheet today, people will still lend to them. This is a world-class fraud and the management and board members should be held accountable. We should have a different track to handle this company. It is not a normal track that we can go," Al Ghurair said during a virtual press conference on Sunday.

It is estimated that the more than 80 local, regional and international banks have exposure to healthcare firm. The UAE bourses had asked all the listed companies in the UAE to announce their exposure. The UAE banks last week announced nearly Dh10 billion exposure to NMC Healthcare, which is owned by the billionaire BR Shetty.

Abu Dhabi Commercial Bank has the highest exposure to NMC at Dh3 billion. Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure. Ajman Bank has Dh151.8 million while Al Salam Bank pegged its exposure at Dh161.5 million. All these lenders revealed their exposure for the first time on Sunday.

Abu Dhabi Islamic Bank said it had extended Dh1.07 billion in financing to NMC Healthcare, and an additional Dh113.67 million exposure to Islamic bonds issued by NMC.National Bank of Fujairah pegged its exposure to NMC at Dh289.1 million, while Sharjah-based United Arab Bank said its exposure was Dh135.3 million.

NMC recently revised its debt position to $6.6 billion, well above earlier estimates.

London's High Court last week placed hospital operator NMC Health into administration, on the application of Abu Dhabi Commercial Bank.

"I know leading bank in UAE have already legal guardian of the company so now management cannot hide anything. The new team will manage and discover what happened," said Al Ghurair.

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