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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News Network
April 15,2020

Bengaluru, Apr 15: The Karnataka government on Wednesday opened a critical care support unit to monitor the progress of Coronavirus patients in Intensive Care Units (ICUs) of various designated COVID hospitals across the State.

Karnataka is the first state in the country to establish a dedicated unit for critical care support, by linking ICUs of COVID hospitals onto a single platform, Medical Education Minister Sudhakar K, who inaugurated it, was quoted as saying in a statement on Wednesday.

Its objective is to monitor COVID-19 patients in ICUs across Karnataka state so that the hospitals are prepared for the potential onslaught of the virus and thereby to achieve zero COVID mortality in Karnataka, he said, adding, it would enable capturing details of ICU COVID-19 patients in real-time

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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.

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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
July 31,2020

Bengaluru, Jul 31: Gyms in Bengaluru carried out sanitation work on Thursday following the Centre's nod to reopen gyms from August 5, after several weeks of COVID-induced lockdowns.

"We are taking all the precautionary measures prescribed by the government and will follow the guidelines very strictly. A thermal scanner, oximeter and hand sanitizers have been placed at the entrance of the gym. 

We request all other gym owners also to follow the guidelines strictly to keep their members safe and healthy," said Prasad Kumar, a gym owner in Bangalore.

He added, "The last few months have been very difficult for us gym owners and fitness instructors. We are very grateful to the government for allowing us to re-open. 

We are going to be very cautious when we open. Even before this COVID-19 pandemic, we used to sanitise all the equipment before and after every use so hopefully, this won't be too difficult for us. We are getting rid of the air conditioners to allow cross ventilation and open the space a little more."

According to Chandu Gowda, an actor and frequenter of the gym, working out at home was not the same as working out in the gym with the proper equipment.

"I'm very glad that I get to come back and work out as I used to before this lockdown. For an actor, working out is extremely important, not just for my physical health but also mental health. 

Doing exercises at home is never as good as exercising in a space dedicated to one purpose. I hope other members of the gym follow the rules and regulations religiously," Gowda said.

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