Fadnavis made CM to facilitate transfer of Rs 40k-cr to Modi govt: Anant Kumar Hegde

News Network
December 2, 2019

Bengaluru, Dec 2: Former union minister and BJP MP Anant Kumar Hegde has claimed his party colleague Devendra Fadnavis was made chief minister in Maharashtra last month despite lacking majority only to 'protect' Rs 40,000 crore central funds under the CM's control from being 'misused'.

Days after Fadnavis resigned barely 80 hours after taking oath for the second time as chief minister, Hegde, known for making controversial statements, sought to give a new twist to the episode describing the government formation by the BJP as a 'drama' played out to ensure that the funds meant for development works were 'protected'.

"You all know that recently in Maharashtra for just 80 hours our person was Chief Minister, but soon Fadnavis resigned. Why did we have to do this drama? Din't we know- despite knowing we don't have majority, why did he become CM? This is the question commonly every one ask," Hegde said.

Addressing a gathering, reportedly during campaign in bypoll-bound Yellapur in Uttara Kannada district on Saturday, he said, "More than about Rs 40,000 crore was under CM's control.

If NCP, Congress and Shiv Sena come to power certainly that Rs 40,000 crore would not have gone for development work and would have gone for different things (misused)." "It was entirely planned earlier itself. Once we got to know (about three parties forming government) it was decided that a drama has to be played out.

So, adjustments were made and oath was taken (by Fadnavis as CM), after oath within 15 hours Fadnavis systematically ensured that it (money) reaches where it had to and protected it," the BJP leader said, speaking in Kannada. The entire amount was given back to central government, or else certainly the "next Chief Minister would have...you know what would have happened...," he added.

Fadnavis was sworn in by Maharashtra Governor Bhagat Singh Koshyari in a hush-hush ceremony on November 23 for a second term after stunning midnight developments where NCP's Ajit Pawar had revolted against his party and propped up the government with BJP. However, three days later, Fadnavis resigned as chief minister ahead of the floor test, admitting he does not have the numbers shortly after his deputy Ajit Pawar quit the government.

Subsequently, on November 28, Shiv Sena leader Uddhav Thackeray took oath as the new Chief Minister of Maharashtra, heading an unlikely alliance of the Sena, the NCP and the Congress. The Shiv Sena broke up its three-decade alliance with the BJP over sharing of the chief minister's post after contesting the assembly elections together and the combine winning a comfortable majority.

Also Read: Anant Kumar Hegde’s Rs 40,000 cr claim is false, says Fadnavis

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Rajesh SS
 - 
Tuesday, 3 Dec 2019

CHOOR MACHAYE SHOOR

ayes p.
 - 
Monday, 2 Dec 2019

We know everything, 

 

Do not fool us.

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News Network
August 4,2020

Bengaluru, Aug 4: Janata Dal (Secular) leader and MLA Satyanarayana passed away today due to multiple organ failure. He was 67.

Satyanarayana was representing Tumakuru’s Sira constituency in the Karnataka Legislative Assembly. He is survived by five daughters and one son.

It is learnt that he was suffering from multiple organ ailments from the past few days and was recently admitted to Manipal Hospital in the city. He breathed his last at 12:20 p.m.

He contested from JDS and worked three times as MLA and 2 times as MP. He was the chairman of KSRTC during the coalition government led by HD Kumaraswamy.

Former Prime Minister HD Devegowda mourned his death and said, “It is a shock to hear the demise of former minister and my close friend. We are friends from the past 3 decades and I cannot recall the days without him.”

Karnataka Pradesh Congress Committee President DK Shivakumar said, “Satyanarayana was concerned for the farmers and he was a gentleman. Hearing the news hurts me and this is an irreparable loss to the political field.”

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coastaldigest.com news network
July 17,2020

Udupi, July 17: An Indian expatriate from coastal Karnataka who was working in Kuwait passed away in a hospital in the oil-rich country reportedly due to covid-19.

Sheikh Mohammed Syed (54) was a native of Kharvi in Kundapura taluk of Udupi district. He is survived by his mother, wife and three daughters. 

An ex athletic champion from Bhandarkars' Arts & Science College, he was a well-known Volleyball and Kabaddi player in Kundapur.  He was associated with many sports associations in Udupi. 

An employee of KRH firm, he was hospitalized in Kuwait three weeks ago due to ill health. He was tested positive for covid-19.

He breathed his last yesterday without responding to any treatment. Final rites were held in Kuwait. 

Prior to migrating to Kuwait, he had worked in United Arab Emirates for several years. A sports enthusiast, he had trained many athletes in Udupi.

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coastaldigest.com news network
May 27,2020

Abu Dhabi-based NMC Healthcare has reportedly received bids to sell its distribution unit and will soon be selling it to different parties.

The development comes over three months after NMC Healthcare’s founder and then-chairman B R Shetty stepped down amid allegations of massive fraud. 

The company, which recently laid off hundreds of workers, is offloading stake in the subsidiary as it is considered non-core and requires substantially high working capital to run the operations. In addition, this stake sale will help the company pay off some of its debt

"There are parties who have strong interest in the distribution business. NMC will be offloading the unit soon and that also to different parties," a source said.

"The company is in the process of exploring options for NMC Trading, the group's distribution business, which it has determined to be non-core and requiring substantial levels of working capital. The process should not materially adversely impact distributors' activities, nor NMC Trading's customers," an NMC Healthcare spokeswoman said.

The UK-court has appointed Alvarez & Marsal as administrator to oversee the operations of the debt-ridden hospital operator. The healthcare firm has been caught in a whirlpool of $6.6 billion debt while its senior former high management team is under investigation for financial irregularities.

The UAE Central Bank has direct local banks to freeze all bank accounts of NMC founder BR Shetty and his family members as well as accounts of those companies where he has a stake. The Central Bank move is subsequent to a criminal complaint filed by Abu Dhabi Commercial Bank, which has the largest exposure to NMC Healthcare, amounting Dh3 billion.

As the company faces financial difficulties, Reuters reported that NMC Health delayed May staff salaries and now expects to complete making payments by the first week of June.

The spokeswoman said: "The company has been in regular dialogue with its creditor constituencies through various creditor committees, including the direct bank lenders to its NMC Trading businesses."

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