Opposition MPs march from Parliament to ED office over Adani issue; big face-off with cops

News Network
March 15, 2023

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New Delhi, Mar 15: Leaders of 18 Opposition parties began their march to the Enforcement Directorate's (ED) office in Delhi today to press for an investigation into the Adani-Hindenburg issue.

The stage is set for a massive face-off between Delhi Police and the marching leaders. Police have put up barricades and deployed several mobile vans to block the march.

Mamata Banerjee's Trinamool Congress and Sharad Pawar's Nationalist Congress Party, it is learnt, will not be joining the march.

US short seller Hindenburg Research has alleged that the Adani group was "engaged in a brazen stock manipulation and accounting fraud", and used offshore shell companies to inflate stock prices.

The group has denied the allegations, calling them "malicious", "baseless" and a "calculated attack on India.

The Supreme Court has set up a six-member committee of experts to examine issues arising out of the stock crash. The committee has been tasked with an overall assessment, suggesting measures to make investors more aware and to strengthen regulatory measures for stock markets.

The Adani Group has welcomed the Supreme Court order, with Chairman Gautam Adani saying "it will bring finality in a time bound manner" and "truth will prevail".

While a section of Opposition parties have welcomed the Supreme Court order, another, including the Congress, have insisted on a probe by a joint parliamentary committee (JPC).

The Opposition's demand for the JPC probe and the government's offensive on Rahul Gandhi's remarks in London have led to an impasse in Parliament. The first three days of the second leg of the Budget session have seen frequent disruptions and repeated adjournments.

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News Network
November 19,2024

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News Network
November 16,2024

Mangaluru: The Kavoor police in Mangaluru, Karnataka, have arrested three individuals from Kerala in connection with two separate cybercrime cases, including one involving extortion under the guise of a "digital arrest."

City Commissioner of Police Anupam Agrawal reported that one of the arrested individuals, Nisar, a resident of Ernakulam district, posed as a CBI officer. He allegedly threatened the complainant with arrest and extorted Rs 68 lakh. A case has been filed under sections 66 (C) and 66 (D) of the IT Act, and sections 308 (2) and 381 (4) of BNS.

In another case, the Kavoor police arrested two men, Sahil K P of Thiruvannur, Kozhikode, and Muhammad Nashath of Mappila Koyilandy, Kerala, in connection with a share trade fraud. The accused are alleged to have deceived the complainant by promising substantial profits from an investment in the stock market. Trusting the fraudsters, the complainant invested Rs 90 lakh, which was subsequently lost. A case has been registered under sections 66 (C) and 66 (D) of the IT Act, and sections 318 (4) and 3 (5) of BNS.

The accused were arrested in Koyilandi and presented before the court. The operation was carried out under the guidance of City Police Commissioner Anupam Agrawal, led by Mangaluru North Sub-Division ACP Srikanth K, Kavoor Inspector Raghavendra Byndoor, Kavoor PSI Mallikarjuna Biradara, and staff members Ramanna Shetty, Bhuvaneshwari, Rajappa Kashibai, Praveen N, and Malatesh. 

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News Network
November 14,2024

Bengaluru: Karnataka Deputy Chief Minister D K Shivakumar on Thursday backed Chief Minister Siddaramaiah over his claim that the BJP had offered Rs 50 crore each to 50 Congress MLAs in an attempt to "topple" the state government.

Addressing reporters here, Shivakumar, also the Congress state president, said, “The BJP indeed lured 50 Congress MLAs with Rs 50 crore each.”

He defended Siddaramaiah’s statement and said the Congress MLAs were briefed about the BJP’s alleged 'Operation Lotus', a term used to describe the BJP's attempts to destabilise ruling governments through horse-trading.

“Some of our MLAs informed the Chief Minister about this matter, and he, in turn, shared it with the media,” Shivakumar said.

At an event in Mysuru, Siddaramaiah reiterated the claim that "none of the Congress MLAs had accepted the offer".

He also accused the BJP of filing false cases against him in a bid to "remove him and overthrow his government".

The BJP has yet to respond to the allegations.

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