Solar scam: Prime accused Saritha levels serious charges against Oommen Chandy

January 29, 2016

Kochi, Jan 29: In a new twist to the solar panel scam, prime accused Saritha S Nair on Friday levelled fresh charges against chief minister Oommen Chandy, saying he had urged her to create a company involving his family members including son Chandy Oommen to do renewable energy business.

SarithaSaritha, who deposed before Justice Sivarajan Commission probing the solar panel scam, said she had a discussion with the chief minister regarding formation of the company to carry out renewable energy business.

"I was told to create a cooperative institution - Kerala Renewable Energy Cooperative Society Ltd- involving Chandy Oommen and some other family members. I was told to incorporate details about renewable energy resources in its bylaws," she told the commission.

Saritha, whose startling revelations about the scam before the commission have rocked Kerala, alleged that there was a suggestion that the solar panels required for the company could be imported from abroad.

She alleged that Chandy Oommen was a partner of an American firm called Starflames Inc and it was suggested that the US-based company could be used for importing solar panel required for the institution to be formed in Kerala.

Saritha rejected allegations that she had "illicit relations" with Chandy Oommen but admitted that she had business relations with the chief minister's son.

"There are allegations about illicit relations with Chandy Oommen. Unfortunately, I am not the heroine of such stories....it was another accused in the solar case. I am not revealing the name as I don't have evidences to establish it and also it is a matter affecting their privacy," she said.

Saritha claimed that she has heard that then home minister Thiruvanchoor Radhakrishnan was in possession of video clippings which shows Chandy Oommen and her co-accused in the solar case visiting Dubai together.

"I doubt Radhakrishnan had leaked information about the video clippings to media fearing a cabinet reshuffle," she said.

There was no immediate reaction from Chandy Oommen about Saritha's allegations.

Solar scam pertains to cheating of several persons worth crores of rupees by Saritha and her co-accused Biju Radhakrishnan by offering solar panel solutions. They allegedly canvassed business by using high-level names including that of Chandy.

While Saritha was granted bail after remaining behind bars for nearly nine months, Biju Radhakrishnan is still in jail.

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News Network
April 11,2020

New Delhi, Apr 11: As India battles the Covid-19 crisis, Prime Minister Narendra Modi on Saturday held a video conference with chief ministers primarily to take their feedback on whether the 21-nation-wide lockdown be extended beyond April 14 to stem the tide of the infections.

The Central government is understood to have also obtained views on the issue from all the relevant agencies and stakeholders involved in the efforts to contain the spread of the pandemic.

The video conference, which began at 11am, comes amidst indications that the central government may extend the nationwide lockdown with some possible relaxations even as Punjab and Odisha have already announced extending the lockdown beyond April 14 when the current spell of 21-day shutdown across the country ends on Tuesday.

The Union Home Ministry has sought views of state governments on various aspects, including whether more categories of people and services need to be exempted. In the current lockdown only essential services are exempted.

This is for the second time the prime minister is interacting with the chief ministers via video link after the lockdown was imposed.

During his April 2 interaction with chief ministers, Modi had pitched for a "staggered" exit from the ongoing lockdown.

A PTI tally of numbers reported by various states as on Thursday at 9.30pm showed a total of 7,510 having been affected by the virus nationwide so far with at least 251 deaths. More than 700 have been cured and discharged. However, the last update from the Union Health Ministry put the number of confirmed infections at 7,447 and the death toll at 239.

Addressing floor leaders of various parties who have representation in Parliament, Modi had on Wednesday made it clear that the lockdown cannot be lifted in one go, asserting that the priority of his government is to "save each and every life".

According to an official statement after the Wednesday interaction, the prime minister told these leaders that states, district administrations and experts have suggested extension of the lockdown to contain the spread of the virus.

Before the lockdown was announced on March 24, the prime minister had interacted with the chief ministers on March 20 to discuss ways and means to check the spread of the novel coronavirus.

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Agencies
May 26,2020

The Shopping Centres Association of India (SCAI) on Monday said the sector has lost over Rs 90,000 crore in the last two months, owing to the lockdown, and market players need much more than the repo rate cut and the loan moratorium extended by the RBI.

In a statement, the industry body said that the Reserve Bank of India's (RBI) relief measures are not adequate to support the liquidity needs of the industry.

According to the SCAI, there is a common misconception that the shopping centres' industry is centred around metros and large cities with investments only from large developers, private equity players and foreign investors.

"However, the fact is that most malls are part of the SMEs or standalone developers. i.e. more than 550 are single owned by standalone developers out of the 650-odd organised shopping centres across the country and there are 1,000+ small centres in smaller cities," it said.

Amitabh Taneja, Chairman of SCAI said: "The organised retail industry is in distress and has not earned anything since the lockdown and their survival is at stake. While the extension of the loan moratorium talks about some relief on repayment but won't help the industry in liquidity."

He said that a long term beneficial plan from the government is much required to revive the sector.

"Being the most safe, accountable, and controlled environment, unfortunately, malls have not been permitted to open which will lead to job losses and might even shut shops for a lot of mall developers," Taneja said.

In its representations to the Centre and the Reserve Bank of India, the association has also pointed out that, in absence of financial package and stimulus from the RBI, over 500 shopping centres may go bankrupt, that may lead to the banking industry staring at NPAs of Rs 25,000 crore.

The industry body has put forward its recommendations and requests to the government. It had sought moratorium till March 2021 at the least in terms of repayment of bank loans, interest, EMI and so on, without levy of any penalties or penal interest.

It has also sought a one-time loan restructuring with lower rates of interest, permitted for shopping centres and a facilitative and forward-looking support provision of short-term financing options for a period of six to 12 months, at lower interest rates, to meet the increased working capital requirements.

Among other relaxations, it had also appealed for GST rebates to offset the losses on account of and for the period of closure of business.

It also said that interest rates should be brought down to "manageable levels" of 5-6% in view of the precarious financial situation.

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News Network
January 28,2020

Kolkata, Jan 28: West Bengal chief minister Mamata Banerjee Tuesday said she is ready for talks with Prime Minister Narendra Modi on the issue of Citizenship Amendment Act but the Centre has to first withdraw the contentious law.

Banerjee said protesting against the decisions of the centre doesn't make opposition parties anti-national and iterated that she will not implement CAA, NRC or NPR in the state.

"It is good that the prime minister is ready for talks but the Citizenship Amendment Act (CAA) must be revoked first. They (Centre) did not call an all-party meeting before taking a decision on Kashmir and CAA.

"We are ready for talks but first withdraw this Citizenship Amendment Act," Banerjee, a staunch critic of the BJP, said addressing a protest programme against CAA through paintings.

The West Bengal assembly had on Monday passed a resolution against the CAA to become the fourth state after Kerala, Punjab and Rajasthan, to do so. The state assembly had on September 6, 2019, passed a resolution against the NRC.

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