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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News Network
March 24,2020

Mangaluru, Mar 24: A Covid-19 patient from Kasaragod, who recently came from abroad travelled to Mangaluru twice, revealed Karnataka department of health and family welfare.

The 54-year-old person is confirmed as Covid-19 positive case yesterday.

He landed at Mangalore International Airport on March 10 at 5.30pm by Air India Express flight.

From there, he had travelled in his own vehicle to Kasaragod. He had coffee near Kasaragod and reached home at 7.30pm.

On March 11, he had visited local fish market and returned home at 10pm.

He had consulted a local doctor at Kasaragod on March 18 and later visited to Kasturba Medical College, Attavar at 3pm, visited reception and consulted a doctor.

He had tea at KMC canteen and travelled in an auto to Medicity and brought medicines and returned to Kasaragod by KSRTC bus.

Again he travelled to Mangaluru on March 20 in a private vehicle and visited a doctor and returned back to Kasargod in a private vehicle.

The health department has requested all passengers who travelled in the above said flight/aircraft, and KSRTC bus can self-report by dialing 104 or other helpline numbers.

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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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News Network
June 20,2020

Udupi, Jun 20: Movement of heavy vehicles on Agumbe Ghat section was banned till October 15, following heavy rain lashing due to onset of South West Monsoon.

The Agumbe Ghat connects Shivamogga with the Udupi district. There is a possibility of landslides on either side of the Ghat road if movement of heavy vehicles is allowed during the monsoon, said Udupi DC G Jagadeesh in statement issued here on Saturday.

The movement of all heavy vehicles above 12 tonnes has been banned on the road. Till end of monsoon all the heavy vehicles have to move via Udupi-Brahmavar-Barkur-Shankaranarayana; Siddapura-Hosangady-Hulikal Ghat-Hosanagara-Theerthahalli; Udupi-Karkala-Bajagoli-S K Border-Kerekatte-Sringeri- Shivamogga.

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