Siddaramaiah hands over gifted watch to Assembly Speaker

March 2, 2016

Bengaluru, Mar 2: Mired in a controversy over a luxury watch gifted to him, Chief Minister Siddaramaiah today handed it over to the Speaker amid uproar in the state Assembly, declaring it a state asset.

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As the Assembly was rocked by the controversy for the second consecutive day, an angry Siddaramaiah gave the watch and a letter to Speaker Kagodu Thimappa as BJP and JDS members continued to stage a dharna in the well of the House.

Siddaramaiah's dramatic gesture came when the House reassembled after two adjournments with BJP and JDS persisting with their demand for a discussion on the issue.

The Chief Minister said in the letter to the Speaker, who read it out, that he had paid "advance tax" for the watch.

"I, being the Chief Minister of Karnataka, by following the precedents set by my predecessors in Office, declare that the gifted watch HUBLOT BIG BANG.301-M as government asset...," Siddaramaiah said.

He requested the Speaker to forward the watch to the Chief Secretary to place it in the Cabinet Hall at Vidhana Soudha, the state secretariat, today.

"I, being a law abiding citizen, have paid the tax on the said gifted watch as advance tax on this day of 2nd March 2016," the letter said.

He said the pre-owned "HUBLOT BIG BANG-301-M" wrist watch was presented to him by his Dubai-based NRI friend Dr Girish Chandra Varma in July last at Bengaluru as a personal gift.

Siddaramiah also said Varma has no official dealings with Government of Karnataka or its organisations.

Opposition BJP leader Jagadish Shettar dismissed Siddaramaiah's action as "high drama" and said he was doing so thinking that the controversy would end.

A high-level probe by a central agency should be conducted, he said.

The Chief Minister is in the eye of a storm over the diamond-studded watch.

As controversy erupted, he declared last week that the watch, claimed to be worth Rs 70 lakh, would be declared as state asset and handed over to the government.

As the Assembly met for the day, BJP members entered the well of the House and demanded that a discussion on the issue be allowed and Speaker should reconsider his decision on not allowing an adjournment motion on the issue.

However, Thimmappa, who yesterday rejected BJP's appeal to allow adjournment motion, stuck to his decision.

Following this, BJP continued its protest, stating that affidavit, documents and receipt relating to the watch had to be made public by Verma, who is said to have gifted it.

As both opposition and treasury benches were involved in war of words, the House was adjourned by the Speaker who called the floor leaders for a meeting.

When the House reassembled, opposition members again entered the well and demanded a discussion.

Amidst sloganeering and protest by opposition, the Speaker even allowed introduction and passage of Karnataka Legislature Salaries, Pension and Allowances (Second Amendment) Bill, 2015, aimed at making provision to provide family pension to family members of the member deceased before December 26, 1978 operative from February 22, 2014.

As the protest continued, the Speaker once gain adjourned the House till afternoon.

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Comments

Rikaz
 - 
Thursday, 3 Mar 2016

He should have kept it with him....who cares....why the hell kumarswami cares...if you go and dig KS home...you will find crores of corrupt money in his home....

suleman
 - 
Wednesday, 2 Mar 2016

If that is the Genuine Hublot Bigbang, I bet that is worth Rs. 30 Lakhs.
Any way for Reddy brothers and Kumaraswamy that is peanut.

Rikaz
 - 
Wednesday, 2 Mar 2016

Why did he give it to State...it was a gift for him...strange...opposition do do not have any other issue to screw him....common guy its a watch...why on the hell you guys stopping proceedings...wasting tax payers money...

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coastaldigest.com news network
May 19,2020

Mangaluru, May 19: In a bizarre incident which exposes the publicity craze of “philanthropists”, members of a city-based organisation returned without disturbing grocery kits after villagers refused to be photographed while receiving them. 

The incident took place at Mukrampady village in Puttur a few days ago. According to sources, a team belonging to an organisation from Mangaluru had visited the village with a letter from their organisation, to distribute grocery kits to families near mosques in the month of Ramadan. 

The team members reportedly insisted the beneficiaries to pose for pictures with the team near a mosque while being given the food kit. The villagers refused to fulfil their wish.

The organisation members then left the place without handing over the Ramadan kits, sources said.

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coastaldigest.com news network
May 31,2020

Bengaluru, May 31: As many as 299 fresh covid-19 cases reported in Karnataka today. Most of them have interstate travel history.

With this total number of covid-19 cases in Karnataka rose to 3221. 

District wise cases: Raichur 83, Yadgir 44, Bidar 33, Kalaburagi 28, Vijayapura 26, Bengaluru Urban 21, Dakshina Kannada 14, Mandya 13, Belagavi 13, Udupi 10, Davangere 6, Uttara Kannada 5, Ballari, Shivamogga, Kolar 1 each.

Two more deaths reported in the state. One of the patients is a 50 year old male from Raichuru district, who returned from Maharashtra. Another is a 75 year old man, a resident of containment zone in Bidar. With this the number of COVID 19 related deaths rose to 51.

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coastaldigest.com news network
May 27,2020

Abu Dhabi-based NMC Healthcare has reportedly received bids to sell its distribution unit and will soon be selling it to different parties.

The development comes over three months after NMC Healthcare’s founder and then-chairman B R Shetty stepped down amid allegations of massive fraud. 

The company, which recently laid off hundreds of workers, is offloading stake in the subsidiary as it is considered non-core and requires substantially high working capital to run the operations. In addition, this stake sale will help the company pay off some of its debt

"There are parties who have strong interest in the distribution business. NMC will be offloading the unit soon and that also to different parties," a source said.

"The company is in the process of exploring options for NMC Trading, the group's distribution business, which it has determined to be non-core and requiring substantial levels of working capital. The process should not materially adversely impact distributors' activities, nor NMC Trading's customers," an NMC Healthcare spokeswoman said.

The UK-court has appointed Alvarez & Marsal as administrator to oversee the operations of the debt-ridden hospital operator. The healthcare firm has been caught in a whirlpool of $6.6 billion debt while its senior former high management team is under investigation for financial irregularities.

The UAE Central Bank has direct local banks to freeze all bank accounts of NMC founder BR Shetty and his family members as well as accounts of those companies where he has a stake. The Central Bank move is subsequent to a criminal complaint filed by Abu Dhabi Commercial Bank, which has the largest exposure to NMC Healthcare, amounting Dh3 billion.

As the company faces financial difficulties, Reuters reported that NMC Health delayed May staff salaries and now expects to complete making payments by the first week of June.

The spokeswoman said: "The company has been in regular dialogue with its creditor constituencies through various creditor committees, including the direct bank lenders to its NMC Trading businesses."

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