Forget the past, now I am a completely changed person: Yeddyurappa

[email protected] (CD Network)
April 13, 2016

Bengaluru, Apr 13: BS Yeddyurappa, who is known as the only former chief minister of Karnataka to be arrested on corruption charges, now calls himself a “completely changed person.”

yeddyIn an interview, Mr Yeddyurappa, who is set to take over as the Bharatiya Janata Party State unit president for the fourth time on April 14, said: “I am not the same old Yeddyurappa. I have learnt from the past experiences and mistakes. My focus now is to take everybody in the party together.”

The 73-year-old Shivamogga MP declared that his single-point agenda was to ensure that the BJP returned to power in the State in the 2018 Assembly elections with an absolute majority by winning 150 seats in the 224-member House. He wants to achieve this by infusing “aggression” into the party campaigns to effectively take on the Congress government.

Replying to a question on his departure from the BJP in the past, Mr Yeddyurappa said: “I committed the mistake of quitting the party for which I will apologise to the people of Karnataka. Despite this, the Central leadership reposed faith in me by giving this position. This has enhanced my political spirit.”

“They had made the decision long ago to appoint me, considering the political situation in Karnataka which is witnessing maladministration by the Congress government. They, however, had to wait as the term of the then president Pralhad Joshi ended only about 15 days ago,” he said.

Asked about his immediate priority, Mr Yeddyurappa said, he has to strengthen the party organisation to ensure it wins 150 seats in the next Assembly elections from the present 44. “It is a tough task no doubt, but definitely achievable if serious efforts are made. Of course, it is not as tough as the situation in 2008 when we came to power for the first time in Karnataka. This is because the Congress government headed by Siddaramaiah here has already become unpopular owing to its corrupt practices and apathetic attitude,” he added.

He went on to claim that Prime Minister Narendra Modi and party national president Amit Shah have declared me as the chief ministerial candidate for 2018 polls. He also said that there is no need for any political alliance with JD(S) as BJP is confident of getting absolute majority on our own.

Comments

Fair talker
 - 
Wednesday, 13 Apr 2016

Even he does not know what to tell.
A stupid will not say like this, because he is confessing what he did.

If this leader he so, what could be his chelas around him.

And at large what about his voters.- Now you know the situation of BJP, their supporters, if they win what will they do.

God save our land from such jokers and looters .......

Anees
 - 
Wednesday, 13 Apr 2016

Your Scam wealth 100 generation get benefit....even they can't forget about whom wealth done..

HARAM
 - 
Wednesday, 13 Apr 2016

FORGET THE PAST ,,,,,WE VOTERS ARE NOT THE SAME

suleman
 - 
Wednesday, 13 Apr 2016

Patented dialogue of Yeddi.
It is applicable to all politicians. Few are little but most are big corrupts.

Siddikuchil
 - 
Wednesday, 13 Apr 2016

Looks like BJP is indirectly supporting Siddhu to get next term as Karnataka Chief Minister. In Central BJP got power because of Congress Corruption, who make win Modi, does not mean that they will support Yeddy like corrupted person. Congress Zindabad.

Charulatha Hegde
 - 
Wednesday, 13 Apr 2016

Please do not Insult the DOG by comparing it with YEDDI.
DOGS are much better than him.

Bajarangi Job less Gundas ask your yeddi about his illegal relationship with shobha. It is called Yeddi's love jihad. Shame on you people still backing him for all his Mistakes.
He will completely change only after his DEATH.

abdul
 - 
Wednesday, 13 Apr 2016

KUTTE KA DHOOM........!

arm
 - 
Wednesday, 13 Apr 2016

Bunder gulati marna nahi chodtha.

Saravan
 - 
Wednesday, 13 Apr 2016

SO YOU AGREED THAT YOU WERE A BIG CRIMINAL...

Kushwant Bhat
 - 
Wednesday, 13 Apr 2016

Zakir do not compare Dog, you do not know the Tail of Dog, dog is more clever than the Civilised Human being, any way about Yeddiyanna Criminal, Looter Cheap minister of our Great Karnataka, Ha, Ha he claims 150 Seats, one for him another for Shobakka, you see again both Love Jihad Goons appear in the forth coming Assembly, Fantastic Couple, we never and ever see in Glorious Karnataka Assembly,

SYED
 - 
Wednesday, 13 Apr 2016

DUE TO OLD AGE OF YEDIYURAPPA, HE MIGHT HAVE LOST HIS MEMORY.......

iqbal
 - 
Wednesday, 13 Apr 2016

forget the past, now I am completely changed person, Dawood Ibrahim,ravipoojari and all criminals

Zakir Katipalla
 - 
Wednesday, 13 Apr 2016

Can you straighten dog's tail....its too hard....these politicians are insatiable creatures....they need more and more...that is why he wants again to become CM....starving for power...

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News Network
March 26,2020

New Delhi, Mar 26: While the humans are on lockdown and spending time with their families, animals are free and without any fear roaming around on the otherwise busy roads. From Malabar civets to large Indian bisons, animals are enjoying this time.

Indian Forest Officer Susanta Nanda recently shared a video with the caption, "Indian bison( the gaur) goes for a street walk. The largest extant Bovine, is native to South and Southeast Asia. It can be very aggressive. Rare to see in markets."

The 8-second video shows the large animal freely walking in the market area of Chikmagalur district, Karnataka, while the few onlookers on the road get aside and watch the Bison with utmost amazement.

The videos of animals having a gala time on the roads have become common. After the video was posted online, it became a hit. The clip garnered over 3.1k views and over 100 retweets.

Twitter is amazed at the video. Have a look at the comments.

One user wrote, "Oh! We should vacate this place for them. Guess humans have stayed for too long."

Another Twitter user wrote, "That’s one thing people would follow social distancing with!"

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News Network
June 16,2020

Bantwal, Jun 16: Two unmarred siblings committed suicide by self-immolation at Sangabettu in Bantwal taluk of Dakshina Kannada last night.

Neelayya Shettogar (42) and his sister Kesari (39) poured petrol on themselves before torching themselves at around 11 p.m. on June 15 inside a room of their house, police sources said. The siblings were reportedly facing health problems.

Neelayya's brother and latter’s wife were sleeping in the other room of the same house when the incident took place. They came to know only when they heard the screams of the duo.

Even though the siblings were rushed to the government hospital at Bantwal with the help of locals, the doctors declared them dead.

Bantwal rural police sub-inspector, Prasanna and staff visited the spot as part of investigation.

Comments

Mohammad Mansoor
 - 
Tuesday, 16 Jun 2020

Very sad. What happening to our youths. Are they going crazy or the mountain fell on them?  Why do our people are becoming so coward? I think many are going under depression. Govt should set up rehabilitation/counselling centres in each Mandals/Taluks/Districts to treat such people.

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News Network
February 19,2020

Feb 19: Bavaguthu Raghuram Shetty was once a typical billionaire with a taste for the high-life.

He splurged on a private jet, vintage cars and two entire floors of the Burj Khalifa, the world’s tallest skyscraper. His website shows him hobnobbing with politicians, Bill Gates and Bollywood royalty.

“The thrill of speed and freedom makes me love cars,” Shetty, 77, told local reporters last year.

Shetty had more than enough money -- at least on paper -- to afford such a lifestyle from companies he helped found, including hospital operator NMC Health Plc and financial services firm Finablr Plc. On Dec. 10, his stakes in the public companies were valued at $2.4 billion, making up the bulk of a fortune spanning education, hospitality and one of the world’s oldest tea companies.

Then, a week later, Carson Block came along.

Block’s investment firm, Muddy Waters, issued a report criticizing NMC’s accounts and disclosing a short position. Since then, Muddy Waters’s scrutiny has snowballed into a troubling scenario for Shetty that sheds light on his complex share arrangements and casts doubts about his net worth. His holdings in Finablr and NMC are worth $885 million, but Shetty’s fortune may now be just a fraction of that, depending on the size of his borrowings.

Filings this month show that Shetty pledged a quarter of his NMC stake against loans with First Abu Dhabi Bank and Zurich-based Falcon Private Bank. Two other shareholders may own half of his reported stake. Another lender -- Al Salam Bank Bahrain -- has already sold some of those shares to enforce security over a loan for Shetty, and NMC said Tuesday that First Abu Dhabi Bank sold another chunk earlier this month.

The situation “seems to have gone beyond some of the issues that Muddy Waters focused on initially,“ said Gavin Launder, a fund manager at Legal & General Investment Management, who owned shares in NMC until October. “The increased scrutiny has unearthed other issues.”

Law firm Herbert Smith Freehills has launched a review of Shetty’s holdings at his request, a spokesperson for the Indian-born businessman said, declining to comment further until the analysis is completed. Shetty resigned Sunday as NMC’s chairman.

In its Dec. 17 report on NMC, Muddy Waters hinted at potential overpayment for assets, inflated cash balances and understated debt. Shares of the United Arab Emirates’ biggest private health-care provider have since plunged 67%, and the firm is now the focus of takeover speculation. The sell-off also spread to Finablr, whose stock has tumbled 64% in that span.

NMC has disputed Muddy Waters’s claims, and the company hired former FBI Director Louis Freeh to conduct an independent review of the short seller’s allegations. Meanwhile, local regulators “are making inquiries with the relevant parties,” a spokesperson for the U.K.’s Financial Conduct Authority said.

Shetty is hardly the only ultra-wealthy person to leverage his assets. Elon Musk has used his shares in Tesla Inc. to obtain personal loans, while Oracle Corp. Chairman Larry Ellison has put up millions of the company’s shares to fund a lavish lifestyle that includes trophy properties, America’s Cup teams and the Indian Wells tennis facility in California.

But such deals can also sour, as demonstrated by Shetty’s lenders selling shares his investment firm pledged. He and his advisers are investigating details of the sales as part of their legal review, according to filings.

To complicate matters, Shetty pledged another batch of NMC stock in 2018 as part of a so-called equity collar arrangement with Goldman Sachs Group Inc. that uses options to limit the impact from share moves. Last month, he also pledged most of his stake in Finablr to refinance a loan from the company’s takeover of foreign-exchange firm Travelex for about $1.2 billion.

BRS Ventures Investment, the UAE-based holding company for most of Shetty’s assets, doesn’t report consolidated financials, preventing a complete analysis of his net worth. His other assets include a catering company, a waste-management firm and pharmaceutical business Neopharma, which four months ago was in the early stages of planning for an initial public offering.

Block, 43, earned his reputation as a short seller a decade ago through targeting U.S.-listed Chinese companies that he claimed were frauds. More recently, his San Francisco-based firm focused on British litigation-finance firm Burford Capital Ltd. and Japanese biotech stock PeptiDream Inc. Short sellers seek to benefit from a decline in a company’s share price.

Shetty founded NMC in 1975 after moving to Abu Dhabi from his native India. He created Finablr two years ago to consolidate his financial brands before listing it on the London Stock Exchange in 2019.

Block said he didn’t anticipate NMC’s shareholding drama.

“I wouldn’t have been able to predict that we’d get these bizarre disclosures about unclear share ownership coming out of the company,” he said in a Feb. 13 phone interview. “This has been obviously a more dramatic unraveling than we usually see.”

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