President poll: Congress waits for Mamata's vote on Pranab's nomination

June 9, 2012
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New Delhi, June 9: The race to Raisina Hill is nearing the finish line and the Congress is now reaching out to allies outside the UPA for consensus on Finance Minister Pranab Mukerjee's nomination. The Congress is already in touch with the Samajwadi Party and is expected to be speaking to key ally and Trinamool Congress (TMC) chief Mamata Banerjee soon.

The West Bengal Chief Minister had earlier expressed reservations on Pranab as a Presidential candidate and her vote is key to naming a final nominee.

Sources said that Congress President Sonia Gandhi, who has been authorised by the party's Working Committee to pick the candidate, is likely to make the announcement around June 15, probably a couple of days after the expected poll notification by the Election Commission.

Significantly, Sonia's Political Advisor Ahmed Patel had a meeting with Mukherjee at his North Block office.

The sources said the Congress has already secured the support of key allies like DMK, NCP and RLD, who form part of the government, and outside supporters like Samajwadi Party.

Rashtriya Lok Dal (RLD) chief and Civil Aviation Minister Ajit Singh on Wednesday described Finance Minister Pranab Mukherjee as a "qualified" candidate for the post of President but said his views on others were equally positive. "The Finance Minister is qualified for President. My views are positive on him, but my views are positive on others as well", Singh said.

BSP, another outside supporter, and UPA's second largest constituent Trinamool Congress, are not not expected to oppose the UPA candidate.

Samajwadi Party chief Mulayam Singh Yadav has reportedly struck a deal with the Congress and agreed to back UPA-II's Presidential candidate.

The sources said though Mamata Banerjee had taken the name Lok Sabha Speaker Meira Kumar and a couple of others as her favourite, her party is expected to toe the UPA line once Mukherjee's name is announced, the logic being that Trinamool Congress cannot be expected to oppose a candidate from Bengal for the top post.

The sources also made it clear that no names were considered at the meeting of the Congress Core Group on Friday morning which was attended by Sonia, Prime Minister Manmohan Singh and some other leaders.

Meanwhile, former Lok Sabha Speaker PA Sangma, who has been named by AIADMK and BJD as their candidate, met BJP leader LK Advani on Friday to seek NDA's support for him. Sangma is hoping to become the first tribal leader to hold the nation's top office.

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Agencies
March 8,2020

Mumbai, Mar 8: A day after the Enforcement Directorate registered a money laundering case against Yes Bank founder Rana Kapoor and raided his premises, he was taken to the agency's office in Mumbai on Saturday for further questioning.

Kapoor, who was grilled by central agency's officials on Friday night at his Samudra Mahal residence in Mumbai, was shifted to the ED office in the metropolis around 12.30 pm.

ED officials said Kapoor was questioned throughout the night, with some rest time.

A senior ED official connected with the probe told IANS: "Kapoor will be questioned about Yes Bank loans to Dewan Housing Finance Limited (DHFL)."

The official said that during searches a lot of incriminating documents were found and the agency wanted to grill him on his links with DHFL promoters and other companies.

Kapoor's alleged role in the disbursal of loan to a corporate entity and kickbacks reportedly received in his wife's bank account are also under probe.

The ED had filed the money laundering case against Kapoor and raided his residence, apart from issuing a look-out circular so that he does not flee the country.

The ED registered a money laundering case against Kapoor as a continuation of its probe against the DHFL wherein it was allegedly found that Rs 12,500 crore was diverted to 80 shell companies using one lakh fake borrowers. The transactions with these shell companies date back to 2015.

An ED official in New Delhi told IANS that the DHFL probe revealed that funds diverted by the DHFL originated from Yes Bank.

He said that the searches at Kapoor's residence on Friday night were meant to find out any irregularity in grant of loans to the DHFL by the Yes Bank.

The ED has accused Kapil and Dheeraj Wadhawan of DHFL of purchasing shares in five firms -- Faith Realtors, Marvel Township, Abe Realty, Poseidon Realty, and Random Realtors -- after which they were amalgamated with Sunblink.

The outstanding loans of these five firms, totalling around Rs 2,186 crore till July 2019, were allegedly appropriated onto the books of Sunblink to cover up the diversion of loans acquired from DHFL.

The ED's action comes after the RBI superseded Yes Bank Board for 30 days and appointed an administrator, putting a cap of Rs 50,000 on withdrawals by account holders for a month.

The RBI said that the bank's board was superseded "owing to serious deterioration in the financial position of the bank".

Former SBI CFO Prashant Kumar was appointed as administrator of Yes Bank, which has over 1,000 branches and 1,800-plus ATMs across the country.

On Thursday, Union Finance Minister Nirmala Sitharaman said that the bank was on watch since 2017 and developments relating to it were monitored on a day-to-day basis.

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News Network
January 24,2020

New Delhi, Jan 24: Under attack for doling out subsidies, Delhi Chief Minister Arvind Kejriwal on Friday said freebies in limited dose are good for the economy as they make more money available to the poor and boosts demand.

Opposition parties have been attacking the AAP-led Delhi government for giving "freebies" ahead of polls after it announced schemes like free bus rides for women and 200 units of free electricity.

"Freebies, in limited dose, are good for economy. It makes more money available to poor, hence boosts demand. However, it should be done in such limits so that no extra taxes have to be imposed and it does not lead to budget deficits," Kejriwal said in a tweet.

Slamming the BJP, Kejriwal said he is happy that the people of Delhi have forced the Saffron party to ask for votes on the basis of CCTVs, schools and unauthorised colonies.

Reacting to a tweet of the BJP Delhi in which Home Minister Amit Shah had asked how many schools have been constructed and cameras installed by the AAP government, Kejriwal said he is happy that Shah saw some CCTV cameras as earlier he had claimed that he could not find a single one.

"I am happy you saw some CCTV cameras. A few days back you said there was not a single camera. Take out some time we will show you our schools also. I am extremely happy that the people of Delhi have changed the politics by which the BJP has to ask for votes on CCTV, schools and raw colonies here," he said in a tweet.

Responding to Shah's allegation that he could not find WiFi in Delhi as promised by Kejriwal and that his battery drained out in the process, the Delhi chief minister said along with free WiFi they have also made arrangement for free charging points.

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News Network
March 31,2020

New Delhi, Mar 31: The total number of coronavirus cases in India has risen to 1,397 after 146 new patients were reported in the last 24-hours, the Ministry of Health and Family Welfare said on Tuesday.

Of this little less than 1,400 cases, there are 1,238 active while 124 cured. The total figure also includes 35 fatalities.

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