JD(U) snubs BJP for unilaterally announcing its stand on Prez election

May 1, 2012

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New Delhi, May 1: Indicating fissures in the NDA over the issue of Presidential election, the JD-U today snubbed the BJP for unilaterally announcing its stand on the issue.

"Whatever Sushma Swaraj has said is the opinion of the BJP. This is not our party's view. The issue was not discussed in any NDA meeting. BJP has not discussed the issue with us," JD-U President Sharad Yadav told reporters here.

He also said that the country is in a bad shape and "everybody needs to be on the side of caution on this issue".

He was reacting to Swaraj's statement yesterday that BJP will not support the candidature of Finance Minister Pranab Mukherjee, Vice President Hamid Ansari or any candidate put up by the Congress for the Presidential election.

Asked whether JD-U agrees with the stand of Swaraj, Yadav merely said, "Ours is a different party and their's is another. Neither have we discussed this issue with the BJP nor have they done it with us so far."

Yadav, who is also the NDA convener, also referred to the statement of SAD leader Sukhbir Singh Badal to hammer home his point that the issue has not been decided by NDA as yet.

Badal said that there has been "no formal meeting" of the alliance so far and hence he cannot comment that who will be NDA's Presidential candidate.

"This will be the decision of the collective leadership. I am just a member of the alliance", was his refrain when asked whether they support the candidature of former President Abdul Kalam.

Swaraj had said that the party was open to the idea of backing former President A P J Abdul Kalam if parties like Samajwadi Party mooted his name.

Yadav said the NDA has not yet discussed any name for the Presidential candidate.

The JD(U) has not discussed any probable candidates for the Presidential elections yet, Yadav said, adding that the party will form an opinion after having internal discussions.

"Whenever such a discussion takes place, the JD(U) will express its views. But, she (Swaraj) has given the opinion of her party. She has not said this after any consultation with us. I do not know whether she consulted any other NDA ally on the issue", he said.

Sources in JD-U said that the unilateral announcement by Swaraj has foreclosed options of building a consensus on the issue.

Asked whether the NDA should have settled with a Vice President like Punjab Chief Minister Prakash Singh Badal for the alliance and backed UPA's candidate for the President's job, a party leader speaking on the condition of anonymity said, "all such options have been closed by the statement".

The leader also made it clear that there was no discussion in the NDA even on supporting or putting up the name of former President Abdul Kalam as the alliance candidate this time, thereby indicating that the BJP may be proposing his name but Kalam is still not the NDA candidate.

The leader pointed out that even in 2007, when the BJP was proposing Kalam's renomination, NDA ally Shiv Sena had not supported his candidature. Sena had then backed Pratibha Patil's candidature in the name of Marathi pride.

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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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News Network
November 21,2024

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Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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