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
April 30,2020

Kasaragod, Apr 30: The Kasaragod District Collector Sajith Babu, his gun man and driver has entered in quarantine on Wednesday.

According to sources, the Collector had been asked to go on quarantine after the reports of a journalist, who interviewed him, was tested positive for the virus.

Chief Minister Pinarayi Vijayan at his routine evening press conference revealed the positivity of the journalist.

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News Network
March 30,2020

Bengaluru, Mar 30: Coffee Day Enterprises Ltd (CDEL) has received the first tranche of Rs 2,000 crore following disinvestment of Global Village Techparks to repay debts following the death of its founder V G Siddhartha.
In August last year, CDEL executed definitive agreements with entities belonging to Blackstone Group and Salarpuria Sattva Group for investment in GV Techparks, a wholly-owned subsidiary of group company Tanglin Development Ltd (TDL), at an enterprise value of Rs 2,700 crore.
The balance amount is expected to be received after the receipt of few statutory approvals, CDEL said in a statement.
"Out of the money received in first tranche, the company has paid off its debts in full including principal and interest amounting to Rs 1,644 crore to the lenders despite difficult economic conditions," it said.
Post this payment, the consolidated debt of the company and its subsidiaries stands at Rs 3,200 crore as on March 27. This includes debt of Rs 1,400 crore of its subsidiary Sical Logistics Ltd where disinvestment process is in progress.
"The company and subsidiaries have repaid around Rs 4,000 crore to the lenders since the beginning of this financial year," CDEL said.
"With the continuous support of stakeholders of the company, the current management is working to ensure better liquidity and operational efficiency. The company is confident of the future ahead despite various challenges," it added.
The company has been in rough waters after its founder V G Siddhartha took his own life as debt strains began to emerge in his company. Since his death in July last year, CDEL has been trying to divest its assets to pare debts.
On July 30, 2019, CDEL informed stock exchanges about Siddhartha's disappearance. In a letter that was purportedly written by him, the Cafe Coffee Day founder said: "I could not take any more pressure from one of the private equity partners forcing me to buy back shares."

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coastaldigest.com news network
July 14,2020

Udupi, Jul 14: Abhijna Rao, a student of Vidyodaya PU College, Udupi, has emerged state topper in the science stream of II PUC. 

Abhijna has secured 596 marks in the II PUC examination-2020, the results of which were announced on Tuesday July 14. She scored a perfect 100 marks in Physics, Chemistry, Mathematics and Computer Science (PCMC). In Sanskrit and English she scored 100 and 96 marks respectively.

She had secured second position in the Karnataka SSLC examinations two years ago.

She is daughter of Asha Rao and Vittal Rao, a retired professor. Her sister Raksha Rao has completed Engineering from NITK Suratkal.

“After securing second rank in the state in SSLC, my target was to score more in PUC examinations. My parents and lecturers have supported me in my studies. All my teachers gave me proper guidance. Vidyodaya College also supported me. I was studying on a daily basis. The exams were easy and I had expected to score above 590. I am very happy to score 596," she said.

Comments

Lakshmi
 - 
Sunday, 19 Jul 2020

Congratulations sister what is ur success

 

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