BSY's party will not make any impact in Coastal Karnataka: DVS

November 19, 2012

Udupi, November 19: Former chief minister B S Yeddyurappa's Karnataka Janata Party will not have any effect on the State's political scenario, opined another former chief minister and senior BJP leader D V Sadananda Gowda.

Addressing media persons here, Mr Gowda said that as the coastal region was a stronghold of the BJP, that it was irrelevant to analyse the impact of the KJP in the region.

“We respect Yeddyurappa for his commendable organisational skill and leadership qualities.

We don't have any qualms against him. The political history demonstrates what had happened to those who had quit the party, which has high moral values. It will not be easy for him to taste success by staying away from the BJP. The person who has moved out also knows the path to return. There are no hurdles if he wishes to stay back with us,” he said.

“When political parties all over the country were at cross roads, it was inevitable for the BJP to provide good governance in the state. In this situation, Yeddyurappa should have been with the BJP and led from the front,” he remarked.

The meeting of the BJP leaders held in Bangalore on Saturday discussed steps to prevent Yeddyurappa from holding the proposed KJP rally in Haveri on December 9.

BJP leaders and workers have assured the leadership that they will not shift their loyalty and stay away from the Haveri rally.

The supporters of Yeddyurappa, who attended the Saturday's meeting, will also make efforts to persuade him to stay back in the BJP, Gowda said. There were grim chances of an early election to the Assembly, he added.

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Karnataka’s twin coastal districts report 10 more covid deaths in a day

coastaldigest.com news network

August 1,2020

Mangaluru/Udupi, Aug 1: Karnataka’s twin costal districts of Dakshina Kannada and Udupi have recorded 10 more deaths related to covid-19.

With four more deaths, Dakshina Kannada’s covid-19 death toll mounted to 159. Udupi’s covid-19 death toll mounted to 35 with 6 new deaths.

Meanwhile, DK recorded 139 new covid positive cases. Among them 91 are from Mangaluru, 19 from Bantwal, 14 from Beltangady, nine from Puttur, and six from other districts.

With this, the total number of the covid-10 cases in DK reached 5,852. Out of these only 3,008 cases are currently active.

On the other hand, Udupi recorded 136 new covid-19 cases. The total number of covid-19 cases reported in the district mounted to 4,492.

According to the official bulletin, a total of 32,401 samples have been collected so far. Among them 27,463 have turned out to be negative and 446 reports are awaited.

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Embattled tycoon B R Shetty now holds employees responsible for NMC fraud

coastaldigest.com news network

April 30,2020

Newsroom, Apr 30: Beleaguered billionaire B R Shetty, who went into hiding after after a multi-billion fraud at UAE-based NMC Health came to light, has now put the blame on his companies employees.

The former chairman of the Abu Dhabi headquartered hospital operator said, investigations he commissioned found following things:

1. The fraudulent creation and operating of bank accounts in my name including many fraudulent transfers that I neither authorised, consented to, or had any knowledge of.

2. The fraudulent creation of loans, personal guarantees, cheques and bank transfers in my name, and using my forged signature, that I neither authorised, consented to, or had any knowledge of.

3. The creation and set-up of companies in my name that I neither authorised, consented to, or had any knowledge of, and that were seemingly created with the express intention to commit or conceal fraud.

4. The fraudulent creation of powers of attorney, and the misuse of existing powers of attorney, again in my name, that I that I neither authorised, consented to, or had any knowledge of.

5. The creation and provision to me of false and misleading financial statements and information regarding the performance of some of my private companies and investments by members of my own management team.

6. The payments of expenses using my private companies and personal bank accounts, I believe to hide the true financials of the public companies."

This is the first time Dr. Shetty, who is reportedly hiding in India for the last couple of months, issued a statement based on investigations he commissioned privately. He had brought in a consultancy to conduct it after initial revelations came to light that NMC Health had not been fully transparent with its finances.

Dr. Shetty had stepped down as executive chairman after the then Board of Directors barred him from attending any meetings. “I intend to work tirelessly to clear my name and assist any authorities in getting to the truth and help them ensure that misappropriated or missing funds are returned by the perpetrators to their rightful owners,” said Dr. Shetty.

This month, ADCB, which has the highest exposure among UAE banks to NMC Health, brought charges against five former officials, including ex-board of directors, with Abu Dhabi prosecution. The former CEOs of NMC Health and Finablr are also currently not in the UAE.

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Can he explain give few wordd about Daniel Varghese the founder of UAE exchange.

Who is the person shattered his fate .

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Drugs worth Rs 2 cr seized; four held

News Network

March 19,2020

Karwar, Mar 19: Four drug peddlers were arrested on Thursday and 2.68 Kg of brown sugar worth Rs 2 Crore was seized from them while they were smuggling the banned drug by road from Yellapura to Ankola.

Police identified the arrested persons as Narayan (35), Chandrahas Gunaga (29), Veerabhadra Hegade (43) and Praveen Bhat (30).

Police have registered a case and investigations are ongoing.

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