CM Siddarmaiah to declare gifted luxury watch as state asset

February 25, 2016

Bengaluru, Feb 25: Under attack from the Opposition over his luxurious watch, Karnataka Chief Minister Siddarmaiah today said he would declare it as a state asset and hand it over to the government.cmwatch

"About the expensive watch I was wearing, which has been discussed almost everyday and reported in the media, I have this much to say that I will be declaring it as the state asset and deposit it with state secretariat," he told reporters here.

The controversy was fuelled by former Chief Minister H D Kumaraswamy who had claimed the diamond-studded Hublot watch was worth Rs 70 lakh and had been gifted to Siddaramaiah and that he had proof for his claims.

Siddaramaiah revealed that the expensive watch was gifted to him by his close friend (NRI) Gopal Pillai Girish Chandra Verma who visited India last July.

"The full name of the person who gifted this invaluable watch is Gopal Pillai Girish Chandra Verma. He had come to India in July last year. I know him since 1983 and whenever he visits India, he meets me," the Chief Minister said.

Siddaramaiah further clarified, "Verma gifted me the watch, even though I was not keen on accepting it. However, he insisted that I accept it and I accepted because of our long friendship but I did not know how expensive it was."

The CM said he would furnish relevant documents of the watch to the Lokayukta and Income Tax.

The Chief Minister's decision to declare the watch as a state asset comes in the backdrop of criticism from various quarters.

State BJP President and MP Prahalad Joshi had sought a probe by the Enforcement Directorate to find out the owner of the watch and whether customs duty had been paid for it.

A complaint had been filed by city-based activist S Bhaskaran with the state Lokayukta seeking Siddaramaiah's prosecution under the Prevention of Corruption Act for accepting the expensive gift and not declaring it before appropriate authorities.

Reacting to Siddaramaiah's announcement, Congress MLC V S Ugrappa, who had yesterday suggested three options including declaring the watch as a state asset, welcomed it.

Seeking to turn the tables, he asked Kumaraswamy to declare his "luxurious" assets, including cars and watches, as state asset.

Replying to a query, Ugrappa said the Chief Minister was busy with recent by-election, and Taluk and Zilla Panchayat polls and hence could not find time to come out with facts about the controversy earlier.

Kumaraswamy had argued that the Chief Minister should have come out openly the very next day the watch controversy came out in public.

Comments

Curious
 - 
Friday, 26 Feb 2016

Once During Umer rah ruling he distributed clothes to every one, after couple of days he was found wearing new kurtha and pajaama. One person stood and asked ' from the cloths which you distributed we could stitch only kurtha and was not enough for pajaama' but how it was possible to you? Umer rah replied for this question my son will answer . His son said, I gave my cloths to father to complete the set. A good lesson for every rulers.

Vaman Rai
 - 
Friday, 26 Feb 2016

state assets means his property only fooling public, corrupt politicians must be killed infront of public so that people are scared of taking bride.

Bhavya Shree
 - 
Friday, 26 Feb 2016

so many uncounted worth of crores gifts he got in the name of bribe, bribe can be called easily as a gift.. his friend is mad o what? he dont have family o what to gift him a 75lakh not even fools will gift this costly gift, siddaramaiah must be lieing.. govt should scan his every property. looted so many tax payers money i myself pay every year altogether around 6000 hard earned money to the fake govt, who cares.

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Deepak Shetty Qatar
June 19,2020

Mangaluru, Jun 19: A repatriation flight from Doha brought 178 passengers to Mangaluru today. This is the first flight operated from Qatar to Mangaluru under the Vande Bharat Mission. 

The Air India Express flight, which took off from Hamad International Airport in Doha at 12 noon (Qatar time) landed at Mangaluru International Airport around 6.30 pm IST.

Indian embassy had prepared the list of passengers to be flown in the flight. Stranded people who were in need of emergency repatriation such as pregnant women, senior citizens and those in need of emergency medical treatment were given priority while finalising the list of passengers. 

Kannadiga organisations in Qatar such as Karnataka Sangha, Tulu Kuta Qatar, Karnataka Muslim Welfare Association, Mangalore Cricket Club, Bunts Qatar, Mangalore Cultural Association, South Canara Muslim Welfare Association, Qatar Billawas had been striving for the repatriation of stranded Kannadigas by exerting pressure on the elected representatives to operate flights. 

Kannadigas in Qatar have thanked former Udupi-Chikkamagaluru MP Jayaprakash Hegde for persuading the authorities concerned to facilitate the repatriation. 

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coastaldigest.com news network
April 30,2020

Newsroom, Apr 30: Beleaguered billionaire B R Shetty, who went into hiding after after a multi-billion fraud at UAE-based NMC Health came to light, has now put the blame on his companies employees.

The former chairman of the Abu Dhabi headquartered hospital operator said, investigations he commissioned found following things:

1. The fraudulent creation and operating of bank accounts in my name including many fraudulent transfers that I neither authorised, consented to, or had any knowledge of.

2. The fraudulent creation of loans, personal guarantees, cheques and bank transfers in my name, and using my forged signature, that I neither authorised, consented to, or had any knowledge of.

3. The creation and set-up of companies in my name that I neither authorised, consented to, or had any knowledge of, and that were seemingly created with the express intention to commit or conceal fraud.

4. The fraudulent creation of powers of attorney, and the misuse of existing powers of attorney, again in my name, that I that I neither authorised, consented to, or had any knowledge of.

5. The creation and provision to me of false and misleading financial statements and information regarding the performance of some of my private companies and investments by members of my own management team.

6. The payments of expenses using my private companies and personal bank accounts, I believe to hide the true financials of the public companies."

This is the first time Dr. Shetty, who is reportedly hiding in India for the last couple of months, issued a statement based on investigations he commissioned privately. He had brought in a consultancy to conduct it after initial revelations came to light that NMC Health had not been fully transparent with its finances.

Dr. Shetty had stepped down as executive chairman after the then Board of Directors barred him from attending any meetings. “I intend to work tirelessly to clear my name and assist any authorities in getting to the truth and help them ensure that misappropriated or missing funds are returned by the perpetrators to their rightful owners,” said Dr. Shetty.

This month, ADCB, which has the highest exposure among UAE banks to NMC Health, brought charges against five former officials, including ex-board of directors, with Abu Dhabi prosecution. The former CEOs of NMC Health and Finablr are also currently not in the UAE.

Comments

Kannadiga
 - 
Thursday, 30 Apr 2020

Can he explain give few wordd about Daniel Varghese  the founder of UAE exchange.

Who is the person shattered his fate .

 

 

 

 

 

 

 

 

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News Network
February 16,2020

Bengaluru, Feb 16: Deputy chief minister Laxman Savadi’s election to the lone vacant council seat, for which a bypoll has been called, is only a formality as the only other candidate in the contest, independent BR Anil Kumar, dropped out on Saturday.

Kumar conveyed his decision to council secretary and returning officer Vishalakshmi. He decided to withdraw from the February 17 bypoll after failing to get support from Congress and JD(S) legislators.

The bypoll was necessitated after sitting member Rizwan Arshad of Congress resigned as he moved to the legislative assembly as an MLA. Rizwan won the Shivajinagar bypoll in December last year.

“Since the notification on candidates in the fray, after the last date of withdrawal, has already been published, irrespective of any candidate’s retirement, the election has to be conducted,” an official said.

Savadi’s victory was always assured as BJP has 119 members in the House.

Still, Ramanagara BJP district president Rudresh and MP BY Raghavendra reportedly approached Kumar, urging him to withdraw. Kumar, however, denied that he was persuaded by BJP.

“I entered the fray thinking secular parties and likeminded MLAs will support me, but that didn’t happen, so I decided to retire,”he said.

A section of Congress and JD(S) politicians, led by former minister HD Revanna, had persuaded Kumar to enter the contest with the hope that disgruntlement among some BJP legislators over Savadi’s promotion as the deputy CM would result in an upset.

Former chief minister HD Kumaraswamy also offered to support Kumar. Siddaramaiah of Congress refused to do the same. Congress and JD(S) did not field any candidates of their own as they don’t have the requisite numbers in the House.

Savadi must get elected to the council before February 20, otherwise he will lose his cabinet role. According to rules, a person who is not a member of either House should get elected within six months after becoming a minister. Savadi took oath on August 20 last year.

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