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

Comments

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
February 10,2020

Mangaluru, Feb 10: Life of a 40–year-old man, who suffered a massive cardiac arrest, was saved by an ambulance driver who covered 80-km distance between Dharmasthala and Mangaluru in just 40 minutes.

The patient, a Chikkaballapur native sustained a heart attack near Sakleshpur on Saturday while he was on his way to Dharmasthala. He was provided preliminary treatment at a private hospital in Ujire, where doctors advised his relatives to shift him to a hospital in Mangaluru immediately.

The patient’s condition was critical and the odds were completely against him. Moreover owing to the ongoing double lane project work, the road too had been dugout. Despite all this, ambulance driver Hameed drove at a fast pace and managed to take the patient to the hospital within 40 minutes.

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News Network
January 3,2020

Bengaluru, Jan 3: Former Karnataka chief minister and Congress leader Siddaramaiah on Friday criticised Prime Minister Narendra Modi and said that 90 per cent of the promises made by him remain unfulfilled.

"He (Prime Minister Modi) had promised that in 2020 the economy will be doubled, but only their troubles have doubled. He just lied. 90 per cent of the promises made by Modi have remained unfulfilled," Siddaramaiah told media here.

Siddaramaiah's remarks come at a time when Prime Minister Modi is on a two-day visit to the state.

"In August, there was severe flood in state, he didn't visit Karnataka at that time. Flood situation was in 23 districts. Prime Minister will tweet for small issues. But at the time of severe flood he didn't even tweet. In 2009, Manmohan Singh was the Prime Minister. He did aerial survey of the state and announced Rs 1500 crore relief on spot," Siddaramaiah said.

"This time the estimated damage due to flood is more than Rs 1 lakh crores," he said.

He went on to say, "Prime Minister came to witness Chandrayaan-2. He did not give time to Chief Minister and ministers and opposition party to meet him and discuss about floods."

"When I was the Chief Minister, the Prime Minister visited the state two times. Prime Minister had told at the time of inauguration of food park that there will be 10,000 direct employment and 25,000 employment. But nothing has happened till now," Siddaramaiah said.

Besides the Prime Minister, Siddaramaiah also criticised Chief Minister BS Yediyurappa.

"In last election, Prime Minister had told that, if BJP comes to power in Centre and state, there will be development. But nothing has happened. Chief Minister and ministers should have spoken to the Prime Minister about relief funds. The central government should have announced it as National disaster... That's why I called BS Yediyurappa as weak Chief Minister," Siddaramaiah said.

"He had said if BJP is in power at the centre and state, doors of fortune of the state will be opened. People trusted him and gave 25 seats in Lok Sabha elections. But now, he doesn't even open the doors of his house for his party leaders," he said.

Congress leader further cornered the Prime Minister over his address in Tumkuru Mutt on Thursday and said, "We admit Pakistan is an evil country. But what are you doing about minorities in our country? You are bringing law against the minorities. Is that right? And you give speech about these things in front of young children."

Prime Minister Modi is on a two-day visit to Karnataka and is attending several events as part of his official engagements.

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KT
April 12,2020

Apr 12: The board and management of troubled NMC Healthcare should be held accountable for the financial irregularities, said Abdulaziz Al Ghurair, chairman of the UAE Banks Federation.

"Banks have dealt with the exposure professionally and they lent to a company which was listed on FTSE-100 index with world-class regulator and the world's largest audit firm doing their audit. Even if they present their balance sheet today, people will still lend to them. This is a world-class fraud and the management and board members should be held accountable. We should have a different track to handle this company. It is not a normal track that we can go," Al Ghurair said during a virtual press conference on Sunday.

It is estimated that the more than 80 local, regional and international banks have exposure to healthcare firm. The UAE bourses had asked all the listed companies in the UAE to announce their exposure. The UAE banks last week announced nearly Dh10 billion exposure to NMC Healthcare, which is owned by the billionaire BR Shetty.

Abu Dhabi Commercial Bank has the highest exposure to NMC at Dh3 billion. Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure. Ajman Bank has Dh151.8 million while Al Salam Bank pegged its exposure at Dh161.5 million. All these lenders revealed their exposure for the first time on Sunday.

Abu Dhabi Islamic Bank said it had extended Dh1.07 billion in financing to NMC Healthcare, and an additional Dh113.67 million exposure to Islamic bonds issued by NMC.National Bank of Fujairah pegged its exposure to NMC at Dh289.1 million, while Sharjah-based United Arab Bank said its exposure was Dh135.3 million.

NMC recently revised its debt position to $6.6 billion, well above earlier estimates.

London's High Court last week placed hospital operator NMC Health into administration, on the application of Abu Dhabi Commercial Bank.

"I know leading bank in UAE have already legal guardian of the company so now management cannot hide anything. The new team will manage and discover what happened," said Al Ghurair.

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