Volcano waiting to erupt in Cong- JD(S) alliance: BSY

Agencies
January 19, 2019

Bengaluru, Jan 19: Karnataka BJP president B S Yeddyurappa has said some Congress MLAs skipping the Congress Legislature Party (CLP) meeting and the deep differences between the ruling coalition partners are an indication that a volcano may erupt in the coming days.

His remarks came after four dissident Congress MLAs on Friday skipped the CLP meeting here that was called as a show of strength against an alleged bid by the BJP to dislodge the H D Kumaraswamy-led Congress-Janata Dal (Secular) government.

"The absence of Congress MLAs from the CLP meeting and deep differences between the coalition partners are an indication that this is likely to erupt as a volcano in the next coming days," Yeddyurappa said late Friday evening here.

Their absence also shows intense and widespread anger and resentment among Congress MLAs, he said.

The BJP chief said the tone of CLP leader Siddaramaiah's warning to the party MLAs showed his frustration and fear.

"Mr Siddaramaiah, the tone, tenor and content of the meeting notice given by you to the MLAs shows your frustration and proves that you are gripped by fear. If your relationship with the MLAs was strong and cordial, why did you mention in the notice that action would be taken as per the anti-defection law?" Yeddyurappa asked.

The Congress would issue notices to absentee MLAs -- Ramesh Jarkiholi, B Nagendra, Umesh Jadhav and Mahesh Kumatahalli, Siddaramaiah had told reporters after Friday's meeting.

Yeddyurappa also attacked Congress general secretary K C Venugopal over his remarks that 'Operation Lotus' commenced in Karnataka in 2008.

The BJP chief said it was the Congress which started the "aaya ram, gaya ram" culture, referring to the practice of MLAs defecting to other parties, he said.

"In 1967, the then prime minister Indira Gandhi had said that 'gaya ram has now become aaya ram' when an MLA of her United Front government had joined and quit the Congress three times in a gap of 15 days," he said.

The former chief minister said it would be better if Siddaramaiah and Venugopal study political history to know what happened in Haryana where the Congress had formed the government with Bhajan Lal with the help of 36 Janata Party MLAs.

The Congress is continuing this culture, Yeddyurappa said.

It looks like that Siddaramaiah has forgotten that he too joined the Congress with the same culture, he added.

Yeddyurappa said the BJP was not lusting for power.

With 104 seats, the BJP is functioning as a vigilant and constructive opposition party and the Congress and the JD(S) with 80 and 37 seats, respectively, have formed an unholy alliance to form the government, he said.

Kumaraswamy and Siddaramaiah should realise that this is first time in the history of the legislature that a party with more than 100 seats is sitting in the opposition.

Yeddyurappa also said that the BJP's MLAs assembled at a Gurgaon hotel to discuss the strategy to win the upcoming Lok Sabha elections.

"If 104 MLAs of our party meet at one place and discuss the strategy to win the Lok Sabha, what is your problem? It is your responsibility to keep your party MLAs under control. If you scream the way you have been doing, it only shows your helplessness," he said.

Taking a dig at Venugopal's remarks that "glorious days" of the grand old party must return, Yeddyurappa asked if he was referring to the return of "multi-crore scams of the Congress-led UPA regime".

He accused the Congress and the JD(S) of fooling people and said while the two parties were friends in Karnataka, they were enemies in Kolkata.

"As usual the JD(S) has been playing a double game. The JD(S) needs the Congress on one hand and on the other, the JD(S) wants 'mahagathbandhan', which the Congress does not want," Yeddyurappa claimed.

The double standards of these parties show that there is no alternative to Prime Minister Narendra Modi, he said.

Comments

ajith kumar
 - 
Saturday, 19 Jan 2019

failrf party man cannot express more than that , Indian citizens will show them way  back to home

Mohan
 - 
Saturday, 19 Jan 2019

If yeddurappa is masss then hdk is mass ka baap. Volcano eruption may happen only in yeddurappa's dream, not in reality

Sandesh Shetty
 - 
Saturday, 19 Jan 2019

Never underestimate the tricky brain of HDK. He started resort politics. Yeddy cant beat him

Unknown
 - 
Saturday, 19 Jan 2019

Yeddy failed in ops lotus, because Karnataka BJP has no enough money to sack those mlas. BJP lost three states recently. And Feku spent alot without any reason. even yeddy also spent for first failed ops lotus attempt

Joseph Stalin
 - 
Saturday, 19 Jan 2019

yeddy has no future in Karnataka politics. Yeddy still following his old tricks.

Vinod
 - 
Saturday, 19 Jan 2019

Volcano may erupts in BJP soon to kick yeddy out.

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News Network
May 15,2020

Bengaluru, May 15: Karnataka Chief Minister B S Yediyurappa on Friday announced further relief package to the lockdown affected people.

Addressing a press conference, the Chief Minister said about Rs 500 crore would be earmarked to distribute to over 10 lakh farmers, who had grown Jowar and also cash compensation to the shepherds who would lose sheep and goats due to natural disasters.

While commending the efforts of the ASHA workers, who are remained in the frontline in fight against the COVID-19 pandemic, the Chief Minister said an additional Rs 3000 would be remitted to their bank accounts as an incentive.

The Chief minister had announced Rs 1610 crore cash relief package to benefit the auto drivers, barbers and washermen, last week.

He had also announced relief package to the farmers, and migrant workers and construction workers.

Replying to questions, he denied that by bringing amendment to the APMC Act, farmers would be suffered.

Brushing aside the criticism over an ordinance brought to the APMC Act by the Opposition Congress and the JD(S), the Chief Minister said “Amendment had been brought after taking care that farmers interests will not be adversely affected”.

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News Network
February 17,2020

Abu Dhabi, Feb 17: NMC Health Plc, a hospital operator targeted by short-seller Muddy Waters, said founder Bavaguthu Raghuram Shetty resigned amid investor concern he faced a margin call and misrepresented his stake.

The board asked for Co-Chairman Shetty’s resignation and it takes effect immediately, according to a person with knowledge of the situation. NMC has lost four board members since Friday, including Vice Chairman Khaleefa Butti, whose holdings are also being probed. The stock, the worst performer on the FTSE-100 Index this year, fell as much as 9.2 percent Monday morning and then rebounded.

“The resignation of senior board members should be viewed positively,” said Abdulla Nahlawi, an analyst at Rasmala Investment Bank in Dubai. “The credibility of the current board has been jeopardized with the unfolding of the recent events.”

NMC shares lost almost half their value the first week of February on speculation the company’s main investors faced a margin call, in which banks seize shares pledged as collateral. NMC said Friday that First Abu Dhabi Bank and Al Salam Bank Bahrain obtained 20 million shares in the company from BRS International Holding, an investment vehicle of NMC’s top shareholders. The banks sold more than 8 million of those shares as “enforcement of security,” NMC said.

NMC operates the largest medical network in the United Arab Emirates and in 2012 became the first Abu Dhabi company to list in London. The shares started teetering in mid-December when Muddy Waters alleged that NMC manipulated its balance sheet and inflated the prices of companies it acquired.

Shetty, 77, was born in India and founded NMC in the 1970s after moving to Abu Dhabi. His spokesman said a legal review of the situation is ongoing and declined further comment.

Chief Investment Officer Hani Buttikhi and board member Abdulrahman Basaddiq also stepped down because they were appointees of Shetty and Butti, NMC said, adding that they had no knowledge of the share transfers.

Questions remain over the role of Shetty’s family at the company. His wife and son-in-law both hold roles in senior management.

Almost 10 per cent of NMC’s freely traded shares are shorted, according to Markit Securities data. In mid-December about a third of them were.

Last week GKSD Investment, an investment company backed by hospital investors, said it’s studying a possible offer for NMC. Under U.K. takeover rules, it has until March 9 to make a bid.

NMC has said Muddy Waters’s claims are false and the company hired former FBI Director Louis Freeh to conduct an independent review. The review is due to be completed before the company issues its financial results in March, the person said.

NMC said Mark Tompkins will continue as the company’s sole chairman.

Comments

sunita kejriwal
 - 
Monday, 17 Feb 2020

BRS could not fool all the people all the time!

 

Bhakth
 - 
Monday, 17 Feb 2020

Illegal way of earning will not last for long. 

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News Network
January 7,2020

Udupi, Jan 7: The Malpe Beach Utsav will be held on February 1 and 2, Deputy Commissioner of Udupi district G Jagadeesh said on Tuesday.

According to a release issued here, the festival, which was slated to be held between December 29-31, had been postponed due to unavoidable circumstances.

The DC said various beach sports and cultural events have been organised to mark the Utsav.

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