Politics

Congress accepts HD Kumaraswamy’s full 5-year-term as Karnataka CM demand

Congress and JD(S) are likely to announce a power-sharing deal for their coalition government in Karnataka on Friday, with an unambiguous reiteration that H D Kumaraswamy will be chief minister for the full term and the two parties will contest the 2019 Lok Sabha polls together.

The contentious issue of portfolio allocation has also been resolved and it has been decided that the lucrative finance department will be run by the JD(S) while the Congress will manage the Home Department. New portfolios for ministers are likely to be announced soon.

Congress general secretary Ashok Gehlot on Thursday stated that contrary to speculation, the protracted negotiations were focussed not just on ministerial portfolios to be apportioned between the two partners but also on other dimensions — setting up a coordination committee, common minimum programme and stability of the government.

“The announcement will be a written agreement resolving all issues to run a stable coalition for five years. That is why it has taken so long. We wanted everything to be on paper so that the government could run smoothly for its full term under the chief ministership of H D Kumaraswamy.” JD(S) secretary general Danish Ali said.

On Thursday, Congress general secretary K C Venugopal and JD(S)’s Ali flew to Bengaluru for final talks with local leaders after five rounds of negotiations in the national capital. On Wednesday night, Congress president Rahul Gandhi joined the negotiators through a conference call to settle matters.

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Confronted With ‘Himalayan Yogi’, Fmr NSE Chief Refused To Recognise Him: CBI

Tejas Joshi

Chitra Ramkrishna, the Former National Stock Exchange (NSE) chief who was arrested last night by the CBI, was confronted with her former aide Anand Subramanian, but she refused to recognise him, the investigation agency has informed the court. 

Seeking 14-day custody of Chitra Ramkrishna, who has been arrested in a case of market manipulation, the CBI said: “We have recovered 2,500 email exchanges between the accused.”

While arguing that she had been questioned for eight days, Ms Ramkrishna’s lawyer said she appeared before the CBI on Saturday and Sunday, even after the court rejected her request for protection from arrest.

“She gave evasive answers and that’s why we had to arrest her. We need to confront her with the evidence,” the CBI said.

Market regulator SEBI (Securities and Exchange Board of India), in its report, had accused Ms Ramkrishna of taking decisions under the influence of a yogi living in the Himalayas.

Recently, the CBI sources had revealed that Anand Subramanian, the former Chief Operating Officer of the NSE, was the “yogi” who communicated with Chitra Ramkrishna through email.

Among many other decisions, appointment of Mr Subramaniam was also done by Ms Ramkrishna under the so-called yogi’s influence. She shared confidential information with him related to the NSE from her mail id rchitra@icloud.com to rigyajursama@outlook.com between 2013 and 2016, CBI sources say.

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