Arrest of Manjeshwar MLA Kamaruddin likely to have political repercussions

News Network
November 7, 2020

Kasaragod, Nov 7: The arrest of Manjeshwar MLA M C Kamaruddin by police in a cheating case on Saturday is likely to have political repercussions in Kerala.

Kamaruddin has been synonymous with Indian Union Muslum League in Kasaragod district for the past four decades.

A college drop out during his undergraduate days at Sir Syed college in Taliparamba, Kamaruddin climbed his political ladders slowly but steadily over these years and to become an MLA a year ago.

Son of A P Muhammed Kunhi, the 59-year old was a shrewd businessman by profession.

Resident of Karma Edachal near Udinpur near here, the league leader had total dedication in politics as well as business. Thanks to his commitments and loyalty to his green-flag party, he reached the position of the district chairman of the UDF in 2016.

But his entry into politics was unprecedented. Kamaruddin became MLA in a byelection in October last year which was necessitated due to the death of then sitting MLA P B Abdul Razak.

But even as Kamaruddin was climbing his political ladders, his business graph has been plummeting. Fashion Gold was a flagship business venture promoted by him with league leader and Muslim scholar P K Pookoya Thangal as its Managing Director.

The group amassed funds from league supporters and NRIs. They mobilised about 170 crore from over 300-odd people to expand the business under Fashion Gold Jewellery group.

The business group that launched in 2006 had good fortunes for a decade but its graph headed south post in 2016.

Smelling a rat, investors sought refunds from the group from early 2017. This made its position from bad to worse. Meanwhile, many promoters quit and some diverted funds at their whims and fancy.

The MLA and Thangal also opted to sell some properties and even the gold stock they had.

Meanwhile many investors came with police complaints. Attempts by the MLA and local leaders to settle the issue went futile.

And now the MLA has been arrested by the crime branch. In fact, the League leadership has been brainstorming these days whether to seek his resignation as a legislator. They had removed him from the post of UDF’s District chairman. But the police went ahead of the party and made the arrest today.

The timing of the arrest coincides with the local body election declaration made on Friday.

The MLA in the capacity of the Chairman of Fashion Gold Jewellery Group is behind the bars and this is good enough a stick in the hands of LDF to beat the UDF.

As per election records, the MLA has assets worth five crore and liabilities to the tune of 30 lakh.

The arrest of a league MLA is likely to have political repercussions in the backdrop of the Marxist party in the LDF facing serious political setbacks on account of many cases including gold scam, life mission housing project and import of Quran.

The fate of another IUML MLA K M Shaji, is hanging in balance in a bribery case related to a plus-two allocation registered by the state vigilance department.

The Marxists are anxiously worried over possible actions against Minister K T Jaleel and Pinarayi’s close aide Raveendran, who are likely to get trapped in the gold smuggling and quran import cases respectively.

Though it is politically harvesting season for the BJP, the internal conflicts within the party have been weakening its winning prospects.

The outcome of the local body election would probably be a strong indicator to the assembly election due in May next year.

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News Network
November 21,2024

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After the US prosecutors charged Gautam Adani with bribery and fraud, Congress reiterated its call for a Joint Parliamentary Committee (JPC) probe into the transactions of the Adani group, and hit out at Prime Minister Narendra Modi, alleging an "internal nexus" between him and "his favourite businessman."

Senior Congress leader Jairam Ramesh said the indictment of Gautam Adani and others by the US Securities and Exchange Commission validates his party’s call for a Joint Parliamentary Committee investigation.

The Congress has been pushing for the probe since January 2023, raising concerns over alleged irregularities involving Adani and his business dealings, said Ramesh.

Ramesh referred to the party’s “Hum Adani ke Hain” series, where 100 questions were raised about the alleged scams and the links between Prime Minister Narendra Modi and Gautam Adani.
He noted that the questions remain unanswered, reiterating the need for accountability in the matter.

The US prosecutors have charged Adani with deceiving investors by concealing information about his firm's solar energy project in India, which allegedly involved bribery.

Adani has been charged with securities fraud and conspiracy, according to an indictment unsealed on Wednesday. The case focusses on an agreement between Adani Green Energy Ltd. and another organisation to supply 12 gigawatts of solar power to the Indian government.

'BETRAYAL OF INDIAN INVESTORS'

Congress leader Pawan Khera described the allegations against Gautam Adani and his conglomerate as a “betrayal of Indian investors.”

Taking to X, Khera outlined the US charges, including claims that Adani’s group bribed Indian government officials between 2020 and 2024 to secure contracts. Citing media reports, he also pointed out that Gautam Adani personally met a government official to advance the scheme.

Khera referred to a March 2024 incident where the Adani Group allegedly misled the Bombay Stock Exchange and the National Stock Exchange, calling it a “grave violation of investor trust.”

He further highlighted a March 2023 FBI raid on the premises of Sagar Adani, Gautam Adani’s nephew, where electronic devices were seized as part of the investigation.

'SEBI NOT ABLE TO PROVE ANY CHARGES AGAINST ADANI'

Shiv Sena (UBT) leader Priyanka Chaturvedi criticised central probe agencies following US charges against Gautam Adani and others in an alleged bribery case linked to solar energy contracts.

Chaturvedi raised concerns about corporate governance and regulatory oversight in the country. “They talk about corporate governance, responsibility, and accountability. The industrialists should be asked to follow the rules and regulations, but even the agencies were defending him. The SEBI has not yet been able to prove charges against him,” she said, pointing to what she viewed as failures in ensuring accountability.

'BROUGHT DISREPUTE TO INDIA'

On US charges against Gautam Adani, AAP leader Sanjay Singh called for a probe against the industrialist. He said that the probe should be conducted by an investigation agency under the Supreme Court.

"Adani Group has brought disrepute to India. This is a very serious matter. The PM of India should come forward and answer this. All the pending matters against Adani should be probed by an investigation agency under Supreme Court monitoring, and all the corruption done by him, within and outside the country, should come out before the country and action should be taken against him," he said.

BJP DFENDS

BJP IT cell chief Amit Malviya responded sharply to the Opposition’s criticism regarding allegations involving Adani Green Energy and US-based Azure Power. He pointed out that the charges in the indictment are only allegations and emphasised, “The defendants are presumed innocent unless and until proven guilty.”

Malviya argued that the crux of the case concerns agreements to supply 12 GW of power to the Solar Energy Corporation of India (SECI), contingent on SECI securing power purchase agreements with state electricity distribution companies (SDCs).

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News Network
November 11,2024

Udupi, Nov 11: A traveller reportedly lost ₹4.1 lakh after attempting to book a cab online in Udupi. 

At around 1:30 PM on November 7, the man from West Bengal searched for car rentals on Google and selected a website named "Shakti Car Rentals." Shortly after, he was contacted by someone claiming to be "Rohit Sharma," who directed him to pay a registration fee of ₹150 on the site.

After unsuccessful payment attempts via both his Canara Bank debit card and SBI credit card (without receiving an OTP), "Rohit Sharma" instructed him to pay the driver directly. But at 1:47 PM, he received messages showing deductions of ₹3.3 lakh from his SBI credit card and ₹80,056 from his Canara Bank debit card, totaling ₹4.1 lakh.

The complainant alleges fraud through a deceptive link disguised as a booking token fee. A case has been registered at Udupi Town Police Station.

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News Network
November 11,2024

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The Manipur Kuki MLAs have released a statement calling out Solicitor General Tushar Mehta's 'lies' in the Supreme Court. In a joint statement, the MLAs, including those from the Bharatiya Janata Party, said they had not had any meeting with the Chief Minister since May 3, 2023, nor did they intend to meet him in the future as “he was the mastermind behind the violence”.

As per the MLAs, the SG lied about state CM N Biren Singh speaking to Kuki MLAs to control the situation there, in order to halt a Supreme Court probe into the leaked tapes which allege that Singh has been complicit in the violence that broke out between Kukis and Meitis there.

"We...clarify that we have never had any meeting with Chief Minister, Shri N. Biren Singh since May 3, 2023, nor have any intention to meet him in future as he is the mastermind behind the violence and ethnic cleansing of our people from the Imphal valley, which is continuing till today, the latest being the brutal killing and burning of Mrs Zosangkim Hmar on November 7, 2024," the letter read, while condemning the recent 'barbaric' killing of the woman there, and noting the SG's assertion is 'tantamount' to misleading the top court.

“We, the undersigned ten MLAs, have come to know that during the Supreme Court hearing held on November 8, 2024, the Solicitor General of India submitted that ‘CM is meeting all Kuki MLAs and trying to bring the situation down to get peace’. In this connection, we hereby categorically state that this submission is a blatant lie and tantamount to misleading the Hon’ble Supreme Court of India,” the statement said.

The Supreme Court, while hearing a petition by a Kuki organisation, asked that it submit audio tapes to substantiate its claim that the Chief Minister was instrumental in inciting and organising violence in the northeastern State.

Solicitor-General Tushar Mehta orally informed the court that the Chief Minister was meeting all the Kuki-Zo MLAs and that peace in the State had come at a huge cost.

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