Digvijay writes to PM, seeks probe against Gadkari

October 23, 2012

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New Delhi, October 23: Congress General Secretary Digvijay Singh today wrote to Prime Minister Manmohan Singh demanding a probe into allegations of dubious funding of companies run by BJP president Nitin Gadkari.

 

In his communication, Digvijay Singh urged the Prime Minister to ask the Ministry of Corporate Affairs to institute an inquiry by the Serious Fraud Investigation Office (SFIO) into the matter, saying that, "a prima facie case does exist".

 

He was referring to reports related to the association of BJP chief with a Nagpur-based company Purti Power and Sugar Limited, regarding which "irregularities" have come to the fore.

 

"Gadkari has also said that he is open to a free and fair investigation. Being the National President of BJP, it is in the fitness of things that his case is properly investigated and he gets a fair opportunity to prove his innocence and clear his name," Singh said.

 

It is for the first time that any Congress leader has demanded a probe into the issue.

The Party has so far been maintaining that there should not be any politics on the private business of individuals and unless some investigating agency stumbles upon any irregularity, there is no need for Congress to target the BJP chief.

 

Singh has also attached with the letter a report compiled from information taken from the official site of the Ministry of Corporate Affairs and said that findings of a TV investigation as well as this report make "some very pertinent points that requires serious attention."

 

In his letter, Singh, a known detractor of Gadkari, said that it is believed that the BJP chief had acquired Purti Sugar Mill, which had shut down.

 

Complimenting NDTV for the "exhaustive investigation" carried out by it on PPSL, he said certain points require serious attention.

 

"The companies that bought equity in PPSL appear to be defunct companies which had not done business for a long time. Out of nowhere these companies got the capital to buy equity in PPSL, most likely from another layer of Shell Companies...

 

"Most of these companies have given bogus addresses... It is also interesting that all the companies have used a single email ID that is [email protected]," he said.

 

Singh mentioned in the letter that four names are common to list of Board of Directors of all the 18 companies.

 

Gadkari had recently filed a defamation suit against the Congress general secretary.

At the AICC briefing, party spokesperson Sandeep Dikshit merely said that it was for the government to decide about probing the issue when asked whether the party endorses the demand made by Singh.

 

At the same time, he sought to insist that the allegations of corruption against Gadkari were "qualitatively different" than those faced by Robert Vadra, son-in-law of Sonia Gandhi, when asked about parallel between the two episodes.

 

"The cases of Gadkari and Vadra are different. After the statement of the Haryana government and DLF, it is clear that no favour has been done to him. This issue is only political. Since somebody has made money, he should not be targetted only because he is related to somebody.

 

"We are also saying on Gadkari issue that let the government agencies first examine the issue and something comes out that the allegations are true, then we will see it," Dikshit said.

 

On BJP MP Ram Jethmalani asking Gadkari not to seek a second term in office in the wake of allegations of corruption against him, the Congress spokesman said it was BJP's internal issue.

 

"It is for the BJP to decide what kind of President they would like," he said.

A senior party leader, who declined to be identified, said that the continuance of Gadkari in such a situation is to the benefit of Congress.

 

Replying to questions why Congress is soft-pedalling the issue of Gadkari, Dikshit said.

 

"There is no issue of compromise. Institutions will do their job. If they come out certain facts, political parties will respond... Every business deal of a private individual is not a political issue."

 

Asked about Digvijay's letter to the Prime Minister on the issue, Dikshit said that since a letter has been sent, "let the Prime Minister take a decision on it".

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News Network
July 24,2020

New Delhi, Jul 24: The Delhi High Court on Friday asked the ICMR to come out with a clarification that mobile number, government-issued identity card, photographs or even a residential proof ought not to be insisted upon for Covid-19 test of mentally ill homeless persons.

According to an Indian Council of Medical Research (ICMR) advisory of June 19, every person who was to be tested for Covid-19 has to provide a government-issued identity proof and should have a valid phone number for tracing and tracking the individual and his/her contacts.

A bench of Chief Justice D N Patel and Justice Prateek Jalan said that ICMR should issue a clarification by way of a circular or an official order that the identity proof, address proof and mobile number are not required for testing mentally ill homeless persons.

The high court said a camp can be organised for testing such persons as is being done across Delhi for others.

"Guidelines have to be given by you (ICMR). You put it in black and white for the states'' benefit. You only need to clarify in two-three lines that mobile number, address proof and identity cards are not required for testing mentally ill homeless persons," it said.

"Use your powers for the public at large. Once you do so (issue the clarification), all states will comply," the bench added.

Additional Solicitor General Chetan Sharma, appearing for ICMR, sought time to take instructions from the government regarding the observations made by the bench.

The high court, thereafter, listed the matter for further hearing on August 7.

The bench was hearing a PIL moved by advocate Gaurav Kumar Bansal seeking directions to ICMR and Delhi government to issue guidelines for Covid-19 testing of mentally ill homeless persons in the national capital.

Coronavirus India update: State-wise total number of confirmed cases, deaths on July 24

The high court on July 9 had asked the ICMR to consider the plight of the mentally ill homeless persons and see whether they can be tested without insisting upon a mobile number, government issue identity card and residential address proof.

The bench had said to ICMR that many homeless mentally ill persons are institutionalised or in shelter homes and therefore, traceable, so there was no need for their identity proof or phone numbers to test them for Covid-19.

In response to the court''s query, ICMR has filed an affidavit stating that the purpose behind the submission of government identity card and telephone number was to ensure proper tracking and treatment of positive cases and their contacts as ''Test/Track/Treat'' is the best strategy for control of Covid-19 pandemic. 

It further said that since health was a state subject, the concerned state health authority may consider adopting a suitable protocol to ensure that the strategy of ''Test/Track/Treat'' is followed and the grievance raised in the PIL is also addressed.

ICMR, in its affidavit, has said that it has only advised facilitating contact tracing as well as tracking of the Covid-19 infected patients.

"The modalities regarding the contact tracing as well as tracking of the Covid-19 infected patients completely falls under the domain of IDSP. NCDC and state health authorities. 

"ICMR is a research organization and the contact tracing, as well as tracking of the Covid-19 infected patients, is not under the domain of ICMR," it has said in its affidavit.

Bansal has claimed in his petition that the Delhi government has not taken seriously the lack of guidelines with respect to Covid-19 testing of mentally ill homeless persons.

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He has said the high court had on June 9 directed it to address the grievances raised by him in another PIL with regard to mentally ill homeless persons in accordance with law, rules, regulations and government policy.

He said that on June 13 he also sent a representation to the Chief Secretary of Delhi government for providing treatment to mentally ill homeless persons in the national capital who have no residence proof. 

However, nothing was done by the Delhi government, he had told the court.

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News Network
January 18,2020

Mumbai, Jan 18: Maharashtra Tourism Minister Aaditya Thackeray on Friday said shops, restaurants, malls and pubs will remain open 24 hours on an experimental basis in a few areas of Mumbai from January 26.

The areas where these establishments will remain open all night are Fort and Kala Ghoda in south Mumbai and Bandra Kurla Complex in the west.

Thackeray had batted for all-night-open eateries and other establishments in the city during the earlier BJP-Shiv Sena regime too.

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News Network
March 10,2020

Mar 10: Indian energy tycoon Mukesh Ambani is no longer Asia’s richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks.

The rout, exacerbated by mounting fears that the spread of the novel coronavirus will thrust the world into a recession, erased $5.8 billion from Ambani’s net worth on Monday and pushed him to No. 2 on the list of Asia’s richest people, according to the Bloomberg Billionaires Index. Ma, the Alibaba Group Holding Ltd. founder who relinquished the No. 1 ranking in mid-2018, is back on top with a $44.5 billion fortune, about $2.6 billion more than Ambani.

Oil plunged the most in 29 years on Monday as Saudi Arabia and Russia vowed to pump more in a struggle for market share. The slump comes just as the coronavirus is spurring the first decline in demand in more than a decade. That raises questions about whether Ambani’s flagship Reliance Industries Ltd. will be able to cut net debt to zero by early 2021, as he has pledged. The plan hinges on a proposal to sell a stake in the group’s oil and petrochemicals division to Saudi Arabian Oil Co., the world’s biggest crude producer.

While the coronavirus has curtailed some of tech giant Alibaba’s businesses, the damage has been mitigated by increased demand for its cloud computing services and mobile apps.

Reliance Industries, by comparison, has no such silver lining. The Indian conglomerate’s shares plunged 12% on Monday, the most since 2009, extending this year’s decline to 26%. Alibaba’s American depositary receipts have slipped 6.8% so far in 2020.

Ma reclaims crown after Reliance shares were pummeled in 2020.

Few of the world’s billionaires fared well in Monday’s collapse as the S&P 500 Index and Dow Jones Industrial Average each plunged more than 7.5%, the most since the 2008 financial crisis, threatening to end the longest bull market in history. But no one did worse than those whose fortunes are underpinned by oil. Wildcatter Harold Hamm’s fortune was cut almost in half to $2.4 billion and fellow oil magnate Jeff Hildebrand lost $3 billion, bumping both from Bloomberg’s 500-member wealth ranking.

In a pivot toward new businesses such as telecommunications, technology and retail, Ambani’s Reliance Industries has piled on billions of dollars of debt over the years.

It spent almost $50 billion -- most of it funded by borrowings -- to build Reliance Jio Infocomm Ltd., which became India’s No. 1 wireless carrier within about three years of its debut. As the mobile venture took off, Ambani also unveiled plans for an e-commerce empire to rival Amazon.com Inc. in India.

Addressing concerns over the liabilities, Ambani pledged in August to cut the group’s net debt to zero from about $21 billion as of last March. The Aramco deal is crucial to that plan for which Reliance Industries has valued its oil-to-chemicals division at $75 billion including debt, implying a $15 billion valuation for the 20% stake that’s for sale.

Signs of a potential delay to that deal unnerved some investors, hammering the stock since it touched a record high on Dec. 19.

Reliance Industries expected the Aramco transaction to be completed by March, but people familiar with the matter said in February that talks were still ongoing to bridge differences between the two parties over the deal’s structure.

Adding to the uncertainty, Indian Prime Minister Narendra Modi’s administration has petitioned a court to halt the proposed stake sale, threatening a key source of funds needed to pare net debt.

But Ambani, 62, may soon bounce back from the setback, said Harish H.V., managing partner at ECube Investment Advisors in Bengaluru, India.

“The game isn’t over,” he said. “Ambani has successfully built a robust business model which would keep him in the game. Moreover, his telecom business will start yielding results in coming years.”

Comments

SmR
 - 
Tuesday, 10 Mar 2020

The curses of the bank depositors savings which vanished with collapsing economy and fraudlent seems to have gradully affecting riches of Ambani's.

 

AU
 - 
Tuesday, 10 Mar 2020

in Holy Quran Allah says; but they plan and Allah plans, and Allah is the best planners..(Surah Al Anfal 8:30)

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