Congress, JDS try to woo rebels by offering ministerial berths

TNN
July 8, 2019

Bengaluru, Jul 8: In a last-ditch bid to save the coalition government in Karnataka, which is floundering after the resignation of 10 Congress and three JD(S) MLAs, leaders of both the parties made frantic efforts to reach out to the rebels on Sunday, offering to make most of them ministers and promising “generous funds” to their constituencies. The rebels, however, rejected the offer.

Chief minister HD Kumaraswamy, who returned to Bengaluru on Sunday evening from a personal trip to the US, is all set to call an emergency cabinet meeting on Monday where he is expected to seek the resignation of a few ministers to make way for the rebels. Water resources minister and Congress strongman DK Shivakumar declared himself the first volunteer: “I am ready to resign if that will save this government.”

Ten of the disgruntled MLAs, who have checked into a luxury hotel in Mumbai since Saturday evening, rejected the offer outright. They said the remaining three MLAs too would join them on Monday and there was no question of going back on their decision. One of the rebels, Prathap Gouda Patil, said the future course “was clear”, all 13 MLAs would join BJP.

With Speaker KR Ramesh scheduled to take up the resignations on Tuesday, Congress moved to lay down the legal line. Siddaramaiah has convened a meeting of the Congress Legislature Party (CLP) on Tuesday at 9.30 am and a whip is likely to be issued to all MLAs, including the rebels. The move was to trap the rebels legally so their defiance would have consequences, a Congress MLA said. “Strict action will be taken against MLAs who do not attend the meeting,” Siddaramaiah warned in a letter sent to all party MLAs. JD(S) is also likely to call a legislature party meeting soon.

Both parties are expected to pack off their MLAs to resorts after the meetings to prevent poaching attempt by BJP. The saffron party, on the other hand, is calling its legislature party meeting at 5 pm on Monday at a five-star hotel near Yelahanka. BJP is believed to have booked 30 rooms for its 105 MLAs, who might be asked to stay put there for a few days to ward off any “counter-poaching” attempts.

BJP, however, maintained that it had no role to play in the current crisis. “We are not going to meet the governor. We will wait for the speaker’s decision on Tuesday,” state party president BS Yeddyurappa said.

Dismissing BJP’s claims, senior Congressman Mallikarjun Kharge said, “Most of the rebel Congress-JD(S) MLAs have not gone to Mumbai of their own free will. Some of them are in touch with our MLAs and they will come back.” Accusing BJP of employing similar tactics in 10 other states, he said, “But for BJP, how could the rebel MLAs have arranged for a special flight to Mumbai? Do our rebels have so much money?”

Kharge, AICC general secretary and Karnataka in-charge KC Venugopal and party leaders Siddaramaiah, G Parameshwara and MB Patil were huddled in a series of meetings on Sunday and decided to offer ministries to as many rebels as possible. They were also in constant touch with JD(S) patriarch HD Deve Gowda. Kumaraswamy, who landed in the city around 8.30 pm, walked into a meeting with Congress leaders immediately thereafter.

Sources said more than persuading all the rebel MLAs camping in Mumbai, the coalition partners were focusing on winning back the four Bengaluru MLAs — ST Somashekar, Byrathi Basavaraju, N Munirathna and Ramalinga Reddy — since their resignations were triggered by a grouse with deputy CM and Bengaluru development minister G Parameshwara. It was felt these MLAs were unlikely to walk into the BJP fold, sources added.

“The aim is to get the four MLAs to withdraw their resignations by Tuesday before the Speaker takes them up for consideration,” a senior Congress MLA said, adding that if that happened, the government would get some breathing space to shore up its numbers.

In Mumbai, rebel MLA BC Patil said, “We have come a long way and returning from here is not possible. Let them keep their ministerial berths with them.” “Since we have submitted our resignations, there is no question of attending the CLP meeting. We are 13 MLAs and we are all together. There is no question of going back on our decision,” said Somashekar.

Comments

Well Wisher
 - 
Monday, 8 Jul 2019

Secular Voters (Muslims, Dalits, Sikhs, Christians, Hindus) must learn from these disputes. These greedy candidates they only want their benefits/success. At least in future elections we should be more careful. We should vote for those candidate who work for people. Bright future ahead for SDPI.

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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
March 27,2020

Bengaluru, Mar 27: The Indian Air Force (IAF) on Wednesday said it has created nine quarantine facilities of 200-300 personnel capacity each at its nodal bases across the country to combat the outbreak of novel coronavirus.
"To monitor the prevailing situation and provide immediate response and assistance as required, a 24x7 crisis management cell has been set up at the IAF Headquarters and various Command Headquarters," stated an IAF press release.
IAF aircraft are continuing to fly in medical supplies and doctors to Leh and fly out blood samples for COVID-19 testing to Chandigarh and Delhi, the release noted.
"Command Hospital Air Force Bangalore (CHAFB) has been designated as the first laboratory in the IAF to undertake COVID-19 testing, which will greatly enhance the region's ability to carry out quick testing of suspected cases and allow prompt and timely intervention where required," it mentioned.
All measures and directives issued by the government towards containing the spread of COVID-19 have been strictly enforced across all IAF stations, the release stated.
"The Indian Air Force continues to take measures to provide all possible assistance to civil administration across the country in containing the spread of COVID-19. The IAF has created nine quarantine facilities of 200-300 personnel capacity each at nodal IAF bases across the country," the release noted.

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News Network
May 15,2020

Belthangady, May 15: Carcases of more than 50 monkeys were found at Bandaru gram panchayat in the taluka here on Friday.

The carcasses were found on the Kundalapalke-Padmunja road in Bandar village. Locals had seen the monkeys’ carcasses night of Thursday and informed authorities about it.

Kaniyuru Health Centre’s medical assistant Swatantra Rao and Ujire health Centre’s Medical Officer, Forest Department staff, veterinarians and local Panchayat officials visited the spot.

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