Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Karnataka Law Minister withdraws resignation

Jun 27 2012, 00:47 IST
Comments 0
SummaryThe AG concluded that the allotment of the 50ft x 80ft site was in accordance with rules, he said

Karnataka Law Minister S Suresh Kumar on Tuesday decided to withdraw his resignation after the Advocate General exonerated him of the charge that he had violated rules in securing allotment of a residential site.

“The Advocate General in his legal opinion has after reviewing the documents clearly said I have not done anything illegal. I have not given any false information to obtain the residential site,” he told reporters here.

Kumar had tendered his resignation to Chief Minister D V Sadananda Gowda on Saturday after media reports quoting an RTI applicant said he had made a false claim in an affidavit to get a Bangalore Development Authority site under “G” category (under the Chief Minister’s discretionary quota).

Gowda, who did not accept the resignation, had asked the AG S Vijay Shankar to give a legal opinion and the latter has absolved the minister of suppressing facts.

The Chief Minister told reporters earlier in the day that there was no illegality in securing the allotment according to the report submitted to him on Tuesday by the AG. The AG concluded that the allotment of the 50ft x 80ft site was in accordance with rules, he said.

Kumar, who enjoys a reputation of being ‘clean’ in state politics, had resigned on June 23 after media reports emerged that he had suppressed facts over the site owned by his kin while getting the allotment in a posh locality.

Kumar said he is thankful to the Chief Minister, Cabinet colleagues and state BJP unit president K S Eshwarappa who stood by him and requested that he continue in the ministry, adding, the party has also instructed him to do so.

He said he was surprised by the “overwhelming support” he received in the past three days from people, particularly from his Rajajinagar Assembly segment.

Kumar said his family is deeply hurt by the allegations and his 85-year-old mother was “inconsolable” on Sunday night after the story dominated news coverage.

In race for CM’s post: Eshwarappa

The leadership tussle in the BJP government intensified on Tuesday with state unit president K S Eshwarappa throwing his hat in the ring, publicly acknowledging that he is in the race to become Chief Minister.

“A few Ministers, legislators came to me and affectionately told me to get elected as Chief Minister. I won’t deny that,” Eshwarappa said. “Legislators here and there feel that there will be leadership change and, so, some had come to meet me. I don’t

Single Page Format
Ads by Google

More from National Network

Reader´s Comments
| Post a Comment
Please Wait while comments are loading...