Plaint against mining baron Reddy over daughter's lavish wedding

November 16, 2016

Bengaluru, Nov 16: Karnataka minister and mining baron Gali Janardhan Reddy is in the eye of a political storm, a day before his daughter's wedding on Wednesday.

janardhan

An activist has filed a complaint with the directorate general of income tax (investigations) questioning the extravagant nature of the wedding.

In the complaint, RTI activist T Narasimha Murthy said the arrangements have already raised eyebrows, whilepeople are standing in long queues after the demonetisation'

Tax officials refused to comment on the issue.

According to reports, Reddy has planned to recreate a model of the 16th century Vijayanagara palace at the Bengaluru Palace Grounds for the November 16 wedding.

Local media is abuzz with rumours that Bollywood star Shah Rukh Khan will perform at a wedding function on Tuesday but the claim could not be confirmed.

The Bellary mining baron was arrested in 2011 on charges of illegally mining iron ore and was in prison for over three years. His company, Obulapuram Mining Company, was alleged to have shifted the borders that separated the neighbouring districts of Ballary in Karnataka and Anantapur in Andhra Pradesh to extract ore. He was granted bail in January 2015 by the Supreme Court.

The wedding of Reddy's daughter Brahmani hit the headlines for lavish replicas of Hampi and Tirumala temples erected at the venue. Reportedly, Reddy hired art directors from Bollywood to design the sets.

All eyes are now on the guests, who will attend the wedding, to be held in Bengaluru on Wednesday.

Reddy was formerly a part of the BJP. He and his two brothers shot to limelight during the 1999 Lok Sabha elections by helping Sushma Swaraj's campaign, who lost to Sonia Gandhi in the Bellary seat.

Local media in the state was rife with speculation that Bharatiya Janata Party (BJP) leaders might have been asked to stay away from the event.

Reddy was the state tourism minister in BS Yeddyurappa's government before his arrest on graft charges related to the iron ore mining industry.

However, BJP national general secretary P Muralidhar Rao told Hindustan Times that no official diktat had been issued by the party's central leadership. “Why would the party get involved in someone's private function? It is not a party function for us to issue any orders,” he said.

The wedding is set to be exclusively telecast by Janasri TV, which was launched by Reddy and his close associate B Sriramulu, who is the MP from Bellary, even though media persons from across the publications have been invited to the event.

Comments

Rikaz
 - 
Wednesday, 16 Nov 2016

Reddy is using 100 Rupees notes and cheques.....he does not have any black money....

Althaf
 - 
Wednesday, 16 Nov 2016

Nothing will happen because he is having the full support of Besharam Janatha party .

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Agencies
March 10,2020

Bhopal, Mar 10: Senior Congress leader Digvijay Singh on Tuesday parried questions on the exact number of MLAs supporting the party in Madhya Pradesh amid a political crisis triggered by the resignation of Jyotiraditya Scindia and 14 MLAs loyal to him.

Repeating his allegation that the BJP was trying to destabilise the Congress-led government, Singh told reporters that the BJP had arranged three chartered planes for Bengaluru on Monday to fly out some MLAs loyal to Scindia.

"We want to know why Bengaluru is used every time to destabilise governments?" he questioned.

When asked about the number of MLAs supporting the Congress in the current political scenario, Singh only said, "Just wait".

He said an atmosphere of uneasiness has been prevailing in the BJP since the Kamal Nath government started cracking a whip on various mafias.

"We (the state government) are exposing Vyapam scam, e-tendering scam, Madhyam scam. In the honey-trap case, BJP men were found to be involved. This will be exposed," he said.

The political crisis in Madhya Pradesh precipitated with the resignation of Jyotiraditya Scindia over his apparent marginalisation in the state politics. Following Scindia's suit, 14 legislators loyal to him have sent their resignation letters via e-mail to Madhya Pradesh Raj Bhavan.

Scindia was subsequently expelled from the Congress by party president Sonia Gandhi.

Speculation that the Guna royal might join the BJP gained ground after he met Prime Minister Narendra Modi in Delhi this morning.

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News Network
April 18,2020

Ballari, Apr 18: Hosapete town in Ballari district of Karnataka gasped in disbelief as it turned out that 11 members of one single family are positive for the coronavirus.

The whole town has been declared a containment zone and is being surveilled 24X7.

The family includes seven members whose tests returned positive today, three who tested Covid-19 positive on March 30 and one other member subsequently.

The seven who tested positive today had been negative when they were earlier tested along with the others.

They have all now been shifted to isolation wards at the District Hospital in Ballari.

Including this family of 11, Ballari has 13 positive cases so far, with one case each reported from Ballari and Siraguppa towns.

Startled by this sudden upsurge from Hosapete, the district administration has set up 16 fever clinics to screen people and six COVID care centres to treat positive cases. There are two dedicated COVID hospitals, one at Ballari and another at Torangallu in Sandur.

A team of psychological counsellors have been put on duty to provide support to the patients at the isolation centres.

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News Network
May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949. 

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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