Vijayamma charges baseless: Congress MPs

May 29, 2012

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Hyderabad, May 29: Seven Congress MPs from Telangana on Monday expressed shock at what they termed unfounded allegations by YSR Congress leaders against Congress president Sonia Gandhi regarding the CBI probe against Y.S.Jaganmohan Reddy and his companies.

In a statement, G. Vivekananda, Gutha Sukhender Reddy, Ponnam Prabhakar, Madhu Yaskhi, P. Balram Naik, Manda Jagannath and S. Rajaiah pointed out that the present inquiry by CBI was caused and ordered by the AP High Court in August last.

The Centre or the Congress party had no role to play.

The facts reveal that the CBI was following transparent, legitimate and legal procedure in the matter giving little scope for complaint. They lamented that the name of Ms. Sonia Gandhi and the Central government was dragged into these transparent developments in the State. Ms. Gandhi was known for her zero tolerance to corruption and criminalisation of politics, as indicated in her stern actions in many cases including 2G Spectrum, Commonwealth Games, Adarsh Society, where men in the highest positions, including Union Ministers and Chief Ministers were jailed and cases are pending.

‘Epicentre for corruption'

Meanwhile, Lok Satta Party President Jayaprakash Narayan said the arrest of Mr. Jaganmohan Reddy exemplified the rotten state of politics in the State.

Addressing the media here on Monday, Dr.JP said gloating over Mr. Jagan's arrest or accusing the CBI of vindictive action were both uncalled for. All the traditional parties in the State had been guilty of abusing power and indulging in corruption and transforming politics into business. The State, he said, had become the epicentre of corruption in the country.

In the by-election to the Ongole Assembly seat, the three traditional parties, Congress, Telugu Desam and YSRCP were said to be spending not less that Rs.20 crore each. Why would anybody spend so much to get elected as an MLA who earned a monthly salary of Rs.5,000 excluding allowances?.

The Lok Satta Party would fight for making the ACB and the CID in the State autonomous by filing public interest litigation in the High Court and also launch a movement from August 9 to create public awareness for eliminating corruption in public life.

Tirupati Special Correspondent adds: Former PCC president D. Srinivas who is campaigning in Tirupati, brushed aside Vijayamma's diatribe against Sonia Gandhi and the Congress party while Telugu Desam leaders G. Muddukrishnama Naidu and B. Gopalakrishna Reddy, both MLAs alleged she was aware of all the deals and as such a party to all the misdeeds because the deals were discussed and finalised in her presence by the late Y.S. Rajasekhara Reddy.

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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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News Network
November 15,2024

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Union minister Amit Shah on Friday, November 15, said PM Narendra Modi will amend the Waqf Act despite opposition from leaders like Uddhav Thackeray and Sharad Pawar.

"Modi ji wants to change the Waqf Board law, but Uddhav ji, Sharad Pawar and Supriya Sule are opposing it," Shah said, addressing a rally at Umarkhed in Maharashtra's Yavatmal district.

"Uddhav ji, listen carefully, you all can protest as much as you want, but Modi ji will amend the Waqf Act," he said. Shah said there are two camps in the November 20 Maharashtra assembly polls, one of 'Pandavas' represented by the BJP-led Mahayuti and the other of 'Kauravas' represented by Maha Vikas Aghadi.

"Uddhav Thackeray claims that his Shiv Sena is the real one. Can the real Shiv Sena go against renaming Aurangabad to Sambhajinagar? Can the real Shiv Sena go against renaming Ahmednagar to Ahilyanagar? The real Shiv Sena stands with the BJP," Shah said.

"Rahul Baba used to say that his government would credit money in the accounts of the people instantly. You were unable to fulfil your promises in Himachal, Karnataka, and Telangana," he said.

Shah said the Mahayuti alliance has promised that women will get Rs 2,100 per month under the Ladki Bahin Yojana. "Kashmir is an integral part of India and no power in the world can snatch it away from us," Shah said.

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November 13,2024

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New Delhi: The Supreme Court took a firm stance on ‘bulldozer justice’ today, affirming that the Executive cannot bypass the Judiciary and that the legal process must not prejudge the guilt of an accused. In a significant judgment, the bench led by Justices BR Gavai and KV Viswanathan set new guidelines for demolition practices, responding to petitions challenging the controversial bulldozer actions taken against individuals accused of crimes.

The rise of this practice, termed 'bulldozer justice,' has seen authorities in various states demolish what they claim to be illegal structures belonging to accused individuals. However, multiple petitions questioned the legality and fairness of this approach, bringing the matter before the court.

Justice Gavai highlighted that owning a home is a cherished goal for many families, and an essential question was whether the Executive should have the authority to strip individuals of their shelter. “In a democracy, the rule of law protects citizens from arbitrary actions by the state. The criminal justice system must not assume guilt,” stated the bench, underscoring that due process is a fundamental right under the Constitution.

On the principle of separation of powers, the bench reinforced that the Judiciary alone holds adjudicatory powers and that the Executive cannot overstep these boundaries. Justice Gavai remarked, “When the state demolishes a home purely because its resident is accused of a crime, it violates the doctrine of separation of powers.”

The court issued a strong warning about accountability, stating that public officials who misuse their power or act arbitrarily must face consequences. Justice Gavai observed that selectively demolishing one property while ignoring similar cases suggests that the aim might be to penalize rather than enforce legality. “For most citizens, a house is the product of years of labor and dreams. Taking it away must be an action of last resort, thoroughly justified,” he said.

In its directives under Article 142 of the Constitution, the Supreme Court established new demolition guidelines. These include:

Mandatory Show-Cause Notice: No demolition should occur without first issuing a show-cause notice. The person served has a minimum of 15 days or the duration stated in local laws to respond.

Transparency of Notice Content: The notice must include specifics about the alleged unauthorized construction, the nature of the violation, and the rationale for demolition.

Hearing and Final Order: Authorities are required to hear the response of the affected individual before issuing a final order. The homeowner will have 15 days to address the issue, with demolition proceeding only if no stay order is obtained from an appellate authority.

Contempt Proceedings: Any breach of these guidelines would lead to contempt proceedings. Officials who disregard these norms will be personally accountable for restitution, with costs deducted from their salaries.

Additionally, the court mandated that all municipal bodies establish digital portals within three months, displaying show-cause notices and final orders on unauthorized structures to ensure public transparency and accountability.

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