Cong govt too indulged in illegal mining, MML sold iron ore worth Rs 5000 cr illegally: HDK

News Network
January 13, 2018

Bengaluru, Jan 13: Not only previous governments, Chief Minister Siddaramaiah led Congress government too has indulged in rampant illegal mining, according to former chief minister and JD(S) state president H D Kumaraswamy.

Speaking to media persons here on Saturday, Mr Kumaraswamy, who is also facing illegal mining charges, claimed that iron ore wroth over Rs 5,000 crore has been illegally lifted and transported by the state owned Mysore Minerals Ltd (MML) between 2014 and 2017.

Kumaraswamy said that an internal inquiry by senior officers of the department of Mines and Geology had revealed that 60,56,440 MT of ore had been illegally lifted and sold by MML.

He said, MML had entered into a three-year agreement with Subbarayanahalli Iron Ore Mines and Thimmappanagudi Iron Ore Mines, to mine ore in Sandur taluk in Ballari district from November 27, 2014 to March 31, 2017.

Contracts had also been awarded to S S Muchandi (excavation); Amit Earth Movers (drilling); Vishal Enterprises (crushing/screening); and South West Mining Ltd Kumaraswamy alleged.

The former CM said that as per the committee report dated April 27, 2017, Rs 2,062 crore worth ore was illegally lifted and transported within the state between 2014 and 2015 itself.

MML officials had swindled money by tampering with the records of the production register book. Officials had shown records of less quantity of ore being mined, where the quantum of ore excavated was much higher, he said.

As many as eight IAS officers (serving as Director, Mines and Geology) who tried to expose the scam had been transferred by the government in quick succession.

"IAS officer Munish Moudgil was transferred barely one month after he took charge. The office of the chief minister is directly involved in this illegality," he said.

He also pointed out that the IAS officer Tushar Girinath was heading the department at the height of the scam. Girinath is Siddaramaiah's principal secretary.

"The government was forced to constitute the inquiry committee after another IAS officer P Hemalatha wanted to refer the matter to the Lokayukta," said Kumaraswamy.

He also said that though the contractors had single permits, they had made multiple trips and transported the raw material illegally.

The committee had also highlighted that South West Mining Ltd had carried out excavations on behalf of S S Muchandi, as the latter had no excavation equipment.

"It is a fact that BJP leader B S Yeddyurappa has links with South West Mining Ltd. Ironically, the illegal mining activities carried out by the Congress government is worse than previous BJP regime. These people are more intelligent - they know how to escape, unlike Yeddyurappa who was caught red handed with a cheque," he said.

Kumaraswamy also hinted that Siddaramaiah was in the know of the illegalities. "The Mines department continues to be under Siddaramaiah. Minister Vinay Kulkarni holds the portfolio in name alone. This kind of rampant illegalities cannot be carried out without the blessings of the higher ups," he added and demanded a fair probe into the matter.

Comments

Danish
 - 
Saturday, 13 Jan 2018

HDK targeting only congress and siddaramaiah.

Kumar
 - 
Saturday, 13 Jan 2018

How many allegations? how many promises? Hyperactive Devegowda Kumaraswamy = HDK

Mohan
 - 
Saturday, 13 Jan 2018

Wow.. HDK became hyperactive in these days

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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coastaldigest.com news network
May 9,2020

Bhatkal, May 9: A day after 12 covid-19 positive cases reported from Bhatkal, seven more tested positive for the coronavirus in the town today. 

The new patients are: a six-month-old baby, a two-and-a half-year-old child, two girls aged 17 and 23, a 50-year-old woman and two elderly men aged 65 and 68 years.

The source of all these cases is said to be the First Neuro hospital located at Padil in Mangaluru where a covid-19 patient from Bantwal had undergone treatment a month ago. Around 20 days ago an 18-year-old girl from Bhatkal, who had been to the same hospital was tested positive for the covid-19. 

After the confirmation of 12 covid-19 positive cases yesterday, the throat swab of 60 people, who were in contact with them were sent for testing. Among them seven people – six relatives and a friend – were tested positive today.

Also Read: 12 new covid-19 positive cases in Bhatkal

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News Network
July 10,2020

Mysuru, Jul 9: The renowned Mysore Palace has been closed on Thursday after a relative of an employee at the palace was tested COVID-19 positive, an official said.

The palace has been closed for the visitors in the view of rising COVID-19 cases. Authorities have decided to re-open the palace on Monday.

Earlier the Palace was closed for tourists for a week from March 15 to 22, in the wake of the coronavirus outbreak, Mysore Palace committee said.

According to the Union Health Ministry, Karnataka has reported 28,877 COVID-19 positive cases including 16,531 active, 11,876 cured/discharged/migrated while 470 succumbed to the virus.

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