BJP?sees Rs 190-cr scam in rural development dept

May 7, 2016

Bengaluru, May 7: The BJP on Friday said a lot of procedural and financial irregularities had taken place in the establishment of water testing laboratories and purchases made by the Rural Development and Panchayat Raj (RDPR) department.shattal

Leader of Opposition in the Legislative Assembly Jagadish Shettar told reporters that the department spent Rs 190 crore to establish water quality testing labs in 146 taluks since 2014. RDPR?Minister H?K Patil encouraged nepotism and is directly involved in the scam. The government must cancel the tender for the works and order an inquiry, he demanded.
The senior BJP leader released some documents to support his claims. However, he did not come out with any documentary evidence to show Patil's direct involvement.

Shettar said a certain Prasad Rayapati had got the tenders through his companies in three phases to establish the labs. In the first phase, the work orders were issued for establishing labs in 80 taluks. In the second phase, the work orders were given to Prasad in deviation of the tender process. In the final phase, tenders of other bidders were rejected on technical grounds to help Prasad as he remained the sole bidder.

Rules were changed'
Shettar said that to participate in the tender process, contractors/participants should be either manufacturers or dealers of the products required for a project. Though Prasad was ineligible to participate in the tenders, the department changed the rules to help him. The department stated the work could be taken up in association with another company.

The rules specify that the contractors, of their five years' existence in business, should have transacted business worth Rs 57 crore in two years. To fulfill this norm, Prasad has tied up with Srinivasa Constructions India and gained backdoor entry, Shettar said.

Prasad had not submitted insolvency certificate worth Rs 15 crore, which is compulsory. Prasad and the companies which he has created - Ray Environ - and Global Technologies, Sawant Instrument Private Limited, Hyderabad and Gen Next Lab Technologies, New Delhi have illegally submitted the certificates to get the work orders, he charged.

Shettar said there have been financial irregularities in water testing too. For instance, officials have written to the department that the firm floated by Prasad has taken money without carrying out lab tests on borewell waters. Lab reports have been submitted even for those borewells which have been defunct, he pointed out.

Comments

wellwisher
 - 
Saturday, 7 May 2016

We accept present Govt correption far better than previous BJP Govt. All Kannadigas want a peaceful anti communal Govt. At present Congress N AAP are the right party.
Jai Hind Jai Karnataka

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coastaldigest.com news network
May 22,2020

Mangaluru/Udupi, May 22: Two prominent Qadhis of coastal Karnataka today declared that Eid al-Fitr will be observed in the region on Sunday, May 24.

Twaqa Ahmed Musliyar, the Qadhi of Mangaluru and Ibrahim Musliyar Bekal, Qadhi of Udupi Samyukta Jamaat in their separate statements made this announcement. 

The decision was taken as there was no news of new moon sighting in the coastal region today.

Ullal Qadhi Qurrathussadath Seyyid Fazal Koyamma Thangal Al Bukhari also announced that 24th May is first of Shawwal and Eid al Fithr will be celebrated on that day.

Comments

GKS
 - 
Saturday, 23 May 2020

Moon sighting for the start of the month of Ramazan, for end of fastings- Eidul Fitr, for the month of Hajj and Muharram:

The moon sighting is so easy. We the people of India and have Indian Standard Time all.over India. 

When we can accept the moon sighting in Delhi and announcement from Delhi as it was during times of Radio and Doordarshan news, why can we not accept the sighting of moon in coastal region of Karnataka and in Kerala?

Let us bring about change for good.

GKS
 - 
Saturday, 23 May 2020

Why is rest of Karnataka or India not joining for Eid with coastal region and kerala? At the time of Radio and Dorrdarshan only days, all of India used to wait for 8.00 pm news for updates of moon sighting. So why not accept the moon signing witnesses in Kerala or coastal region?

 

I request all Indians to accept the witnessing of Moon sighting in any area of India and start and end Fasting. 

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News Network
February 17,2020

Abu Dhabi, Feb 17: NMC Health Plc, a hospital operator targeted by short-seller Muddy Waters, said founder Bavaguthu Raghuram Shetty resigned amid investor concern he faced a margin call and misrepresented his stake.

The board asked for Co-Chairman Shetty’s resignation and it takes effect immediately, according to a person with knowledge of the situation. NMC has lost four board members since Friday, including Vice Chairman Khaleefa Butti, whose holdings are also being probed. The stock, the worst performer on the FTSE-100 Index this year, fell as much as 9.2 percent Monday morning and then rebounded.

“The resignation of senior board members should be viewed positively,” said Abdulla Nahlawi, an analyst at Rasmala Investment Bank in Dubai. “The credibility of the current board has been jeopardized with the unfolding of the recent events.”

NMC shares lost almost half their value the first week of February on speculation the company’s main investors faced a margin call, in which banks seize shares pledged as collateral. NMC said Friday that First Abu Dhabi Bank and Al Salam Bank Bahrain obtained 20 million shares in the company from BRS International Holding, an investment vehicle of NMC’s top shareholders. The banks sold more than 8 million of those shares as “enforcement of security,” NMC said.

NMC operates the largest medical network in the United Arab Emirates and in 2012 became the first Abu Dhabi company to list in London. The shares started teetering in mid-December when Muddy Waters alleged that NMC manipulated its balance sheet and inflated the prices of companies it acquired.

Shetty, 77, was born in India and founded NMC in the 1970s after moving to Abu Dhabi. His spokesman said a legal review of the situation is ongoing and declined further comment.

Chief Investment Officer Hani Buttikhi and board member Abdulrahman Basaddiq also stepped down because they were appointees of Shetty and Butti, NMC said, adding that they had no knowledge of the share transfers.

Questions remain over the role of Shetty’s family at the company. His wife and son-in-law both hold roles in senior management.

Almost 10 per cent of NMC’s freely traded shares are shorted, according to Markit Securities data. In mid-December about a third of them were.

Last week GKSD Investment, an investment company backed by hospital investors, said it’s studying a possible offer for NMC. Under U.K. takeover rules, it has until March 9 to make a bid.

NMC has said Muddy Waters’s claims are false and the company hired former FBI Director Louis Freeh to conduct an independent review. The review is due to be completed before the company issues its financial results in March, the person said.

NMC said Mark Tompkins will continue as the company’s sole chairman.

Comments

sunita kejriwal
 - 
Monday, 17 Feb 2020

BRS could not fool all the people all the time!

 

Bhakth
 - 
Monday, 17 Feb 2020

Illegal way of earning will not last for long. 

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News Network
April 18,2020

Bengaluru, Apr 18: Private unaided schools in the state that were demanding fees from parents in the name of online classes and taking online admissions will face action under Section 3 of the Epidemic Diseases Act 1897, the Karnataka government said.

The Department of Public Instructions has warned school management of action against such educational institutes if they violate the rules. Following complaints from several parents and also from private school management associations, Minister for Primary and Secondary Education S Suresh Kumar discussed the issue with officials from the department during a recent meeting and directed them to initiate action against such academies.

In a guideline issued on Saturday, the department said, "Schools can conduct online classes. But are not permitted to collect the fee from parents until further orders from the department."

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