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Siddaramaiah, DKS involved in Rs 417-cr scam: Yeddyurappa

DHNS
October 21, 2017

Bengaluru, Oct 21: BJP state president B S Yeddyurappa on Saturday released documents, alleging a Rs 417-crore scam in the Karnataka Power Corporation Limited (KPCL), where Chief Minister Siddaramaiah serves as the chairman and Energy Minister D K Shivakumar as the vice-chairman.

“This is the biggest loot of public money I have ever seen in my political life,” Yeddyurappa told a press conference here.

In September 2002, KPCL formed a joint venture company with Kolkata-based Eastern Minerals and Trading Agency (EMTA) and was allotted six coal mines at Kiloni, Manoradeep and Baranj in Maharashtra. In August 2014, the Supreme Court cancelled several coal allocations, including the ones made to the KPCL-EMTA joint venture. The apex court levied a fine of Rs 295 per metric tonne of coal that was mined. Accordingly, the additional levy payable was Rs 417 crore.

“The private company was liable to pay Rs 417 crore, but KPCL ended up paying it, although it did not have to,” Yeddyurappa said. “Clearly, there were kickbacks involved. I ask Siddaramaiah, why did you act as an agent of the private company? Will you now resign?”

Karnataka Pradesh Congress Committee working president Dinesh Gundu Rao has rubbished the allegations.

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Wellwisher
 - 
Saturday, 21 Oct 2017

Scam specialist or jhondis  

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News Network
February 13,2020

Mangaluru, Feb 13: Jnandev Kamath, former President of erstwhile Mangalore Stock Exchange Limited died late last night in a private hospital in the city.

He was 65 and is survived by his wife and two daughters.

Jnandev Kamath was an alumnus of SDM College of Law and Business Management. 

He was one the founding members of Mangalore Stock Exchange Limited. He was an avid sportsman, an accomplished cricketer, a champion rallyist and golf coach. 

He often played for Pentlandpet Sports Association (PPSA) in his younger days.

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coastaldigest.com news network
March 2,2020

Kundapur, Mar 2: A 43-year-old man was arrested by the local police in Udupi district after he allegedly raised pro-Pakistan at Mini Vidhana Soudha in Kundapur today morning.

The man has been identified as Raghavendra Ganiga (43), a resident of Kody in Kundapur. He was working as a Hindi teacher in a private school in the town a few years ago.

According to sources, Ganiga arrived at the Mini Vidhana Soudha at around 10 am and scaled the steps to the building raising 'Pakistan Zindabad' slogans repeatedly.

He continued to raise slogans on the corridor and after entering a hall.  A few people recorded this drama on their mobile phones and informed the police.

Later, Kundapur tahisldar filed a written complaint against with the local police, who took Ganiga into custody.

According to police, Ganiga was under depression after his wife deserted him and left him with their only child.

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News Network
July 10,2020

Mysuru, Jul 9: The renowned Mysore Palace has been closed on Thursday after a relative of an employee at the palace was tested COVID-19 positive, an official said.

The palace has been closed for the visitors in the view of rising COVID-19 cases. Authorities have decided to re-open the palace on Monday.

Earlier the Palace was closed for tourists for a week from March 15 to 22, in the wake of the coronavirus outbreak, Mysore Palace committee said.

According to the Union Health Ministry, Karnataka has reported 28,877 COVID-19 positive cases including 16,531 active, 11,876 cured/discharged/migrated while 470 succumbed to the virus.

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