Karnataka Cong to kick-start preparations for bypolls in 17 seats

News Network
August 1, 2019

Bengaluru, Aug 1: The Congress in Karnataka will kick-start preparations for the byelections in 17 constituencies, necessitated by the disqualification of rebel legislators, by holding a meeting of senior leaders on Thursday, top party sources said.

Stating that there can be only coordination or understanding with the JD(S), a top party functionary said party workers were "happy that in a way we are out of alliance now." 

He said preparations for the bypolls would start soon and added a meeting of senior party leaders have been convened on Thursday and senior party leaders will be given responsibility of constituencies.

"We don't know when the byelection will come, what the court ruling will be (on disqualified MLAs) we are not sure, but immediately we will be deputing leaders giving them responsibility of each constituencies," he said.

As most disqualified MLAs are from the Congress, the process will have to begin to search for new candidates.

"Some places strong candidates have gone, they have won two, three, four times...individual leaders will travel in the constitutencies and assess the situation and find the candidate also," he said, adding that "it won't be easy for those who have left us too."

Seventeen rebel MLAs of the Congress-JD(S) were disqualified on Sunday by the then assembly speaker Ramesh Kumar under the anti-defection law based on the complaint by their respective parties citing anti-party activities.

Fourteen MLAs from the Congress and three from JD(S) had abstained from the trust vote on July 23, when the HD Kumaraswamy government collapsed.

Responding to a question on continuity of alliance with JD(S), the Congress leader said, he didn't see the party fighting election in alliance but can try for having an understanding.

"What kind of understanding will depend on the situation, as we did during the local body polls, or else both parties will not get any benefit," he said.

"From workers to leaders no one is in favour of alliance, party workers are happy that we have come out," he further noted.

The appointment of new KPCC office bearers has to happen and the plan is to do it in a month's time, sources said, "but our primary focus will be on the byelections."

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MA Rahiman
 - 
Thursday, 1 Aug 2019

Better no alliance

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News Network
January 31,2020

Bangalore, Feb 1: Following the Directions from department of Health and Family Welfare, Govt of Karnataka, to set up Isolation ward for the admission and treatment of the Novel Coronavirus infected patients, Fortis Hospital, Bangalore has allocated 5 isolation beds, 4 at its Bannergatta unit and 1 at Cunningham Road Unit.

According to a statement issued here on Friday, Dr A Nagasubramaniam, Medical Director, Fortis BG unit said, “We are following the guidelines and protocols as suggested by Department of Health and family welfare and Rajiv Gandhi Institute of Chest Diseases in line with WHO guidelines for managing any suspected case. We will accordingly notify the health authorities.”

The management has been educating the hospital staff members, visitors and patients about the virus and the precautionary measures on a timely basis. A health advisory on Coronavirus has also been put up at the lobby and the canteen to educate the patient attenders, nurses and staff members, the statement added.

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News Network
April 11,2020

Bengaluru, Apr 11: Karnataka Congress chief D K Shivakumar on Saturda said that he was hopeful that the Karnataka Chief Minister would take stern action against BJP MLA M Jayaram--who was on Friday seen celebrating his birthday with several villagers in Gubbi taluk in Tumkur, in violation of social isolation measures and nationwide lockdown to fight the coronavirus outbreak.

"I am sure that the Chief Minister will take action on all these types of activities. We have already petitioned the DGP. Suo moto case should be registered immediately," the Karnataka Congress Chief told media.

Speaking about the video conference meeting that Congress President Sonia Gandhi held with all Pradesh Congress Committee (PCC) presidents via video conference, he said: "She has given us directions that the party has to play its own role. She said that the party needs to be very active, apart from the government."

With regards to the farmer's struggles due to the national lockdown, the Karnataka Congress Chief said that the farmers are in a 'very grim situation'. "I appeal to all the people of Karnataka that we should go to the fields and discuss with farmers and buy the materials. Let us purchase their fruits and vegetables and distribute them at the village level."

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News Network
June 6,2020

Jun 6: Private sector lender Karnataka Bank has reported to the RBI that it has been defrauded of over Rs 285 crore consequent to loans gone bad to four entities including DHFL.

A total of Rs 285.52 crore has been reported as fraud wherein the bank was one of the consortium lenders during 2009 to 2014 to Dewan Housing Finance Corporation Ltd (DHFL), Religare Finvest, Fedders Electric and Engineering Ltd and Leel Electricals Ltd, Karnataka Bank said in a regulatory filing on Friday.

The maximum is owed by DHFL at Rs 180.13 crore, followed by Religare Finvest Rs 43.44 crore, Fedders Electric Rs 41.30 crore and Leel Electricals Rs 20.65 crore.

"DHFL (defaulted entity) dealing with us since 2014 had availed various credit facilities under consortium arrangement wherein, we were one of the member banks. In view of Early Warning Signals (EWS) in the conduct of the account and other developments, the account was red flagged on November 11, 2019.

"The borrowing account was classified as Non-Performing Asset on October 30, 2019 and now, for misappropriation & criminal breach of trust & diversion of funds in the credit facilities extended earlier to the company, a fraud amounting Rs 180.13 crore has been reported to RBI," Karnataka Bank said.

Likewise, Religare Finvest Ltd (RFL) was dealing with the bank since 2014, availing various credit facilities.

Following classification of this account as non-performing in October 2019 by a consortium member, Karnataka Bank reported to RBI a fraud amounting to Rs 43.44 crore in the credit facilities extended earlier, on account of diversion of funds.

Leel Electricals was classified as NPA account in March 2019 and it reported to RBI a fraud amounting to Rs 20.65 crore in the credit facilities to the company on account of diversion of funds.

"In all the referred three non-performing accounts, necessary provisions have been made in full to be spread across four quarters," it said.

Fedders Electric and Engineering Limited was reported as NPA in July 2018 by a member bank in consortium, subsequent to which Karnataka Bank reported fraud of Rs 41.30 crore on account of fund diversion.

The account has already been fully provided for, it added.

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