RSS-BJP should learn lesson: Rahul after Yeddyurappa announces resignation

Agencies

May 19, 2018

New Delhi, May 19: Buoyed by today's collapse of the 3-day-old BJP government in Karnataka, Congress chief Rahul Gandhi launched a strong attack on Prime Minister Narendra Modi, accusing him of authorising “buying off” MLAs and “disrespecting” institutions.

Gandhi also said while Modi talks of fighting corruption, "he is corruption".

Shortly of B S Yeddyurappa announced his resignation as the chief minister in the Karnataka Assembly, the Congress president told reporters that the prime minister was “not bigger than India, the Supreme Court and institutions”.

He hailed the unity shown by the Congress-JD(S) combine and said the opposition parties will work together to defeat the BJP.

“People saw how BJP MLAs, the Speaker left the House before the national anthem was played. It shows they don't respect institutions," Gandhi said.

“Prime Minister Modi and BJP chief Amit Shah do not respect any institution...This is the idea we are fighting,” he said.

Gandhi also said that he hoped that the BJP and the RSS "learn lessons" from the political developments in the southern state.

The Supreme Court had yesterday ordered a floor test in the Assembly at 4 pm today, drastically slashing the 15-day window given by Governor Vajubhai Vala to Yeddyurappa to prove his majority.

To a question, Gandhi said that “it is a good idea” that the governor should tender his resignation. The Congress chief, however, added that one who replaced Vala “may do the same thing”.

Targeting Modi, Gandhi alleged, “The prime minister authorised, encouraged buying off MLAs. He talks of fighting corruption, but he is corruption.”

Earlier, Yeddyurappa announced his decision to resign without facing a trust vote in the Assembly.

"I am going to resign as the chief minister...I will go to Raj Bhavan and submit my resignation," he said.

"I will not face the confidence vote...I am going to resign," he told the Assembly after a brief emotional speech.

Comments

Well said Rahul, But dont blame Modi Ji he is elder person and he know many things well experienced about curroption and fake speaches and promisses if you want to became India's PM you do learn from him how to fool Indian public.

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Adani Group in Crisis: $30 Billion Wiped Out after US Bribery and Fraud Charges Emerge

News Network

November 21,2024

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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