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Plaint against mining baron Reddy over daughter's lavish wedding

[email protected] (Agencies)
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
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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coastaldigest.com news network
May 18,2020

Mangaluru, May 18: The coastal district of Dakshina Kannada today reported two more covid-19 positive cases. One is a 30-year-old man and the other is a 55-year-old woman.

The man, a resident of Karopady in Bantwal, had returned from Raigad in Maharashtra and is under quarantine.

The woman, a resident of Yeyyadi, had fever and hence visited Wenlock hospital for test. She was diagnosed to have Severe acute respiratory infection (SARI) symptoms and later tested positive. She has been shifted to ICU. 

With this the total number of covid-19 positive cases in the district rose to 54. Among them 48 are from Dakshina Kannada and six patients are from other districts.

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News Network
April 9,2020

Udupi, Apr 9: Deputy Commissioner G. Jagadeesha said that criminal cases would be booked against owners of houses and sheds who were collecting rent from those, including workers, staying in rented houses.

In a statement issued here on Wednesday, Mr Jagadeesha said that to prevent the spread of COVID-19, restrictions had been imposed throughout the district under Section 144 (3) of the Criminal Procedure Code.

The administration had through an earlier order made it clear that house owners and shed owners should not collect rent from their tenants and workers for March and April.

But the administration had received complaints that some house owners and shed owners were collecting rent despite the order.

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