New Delhi (PTI): The BJP on Friday dared Congress leaders facing corruption charges to seek a quick and time-bound disposal of cases, as it slammed the party for citing politics as the reason for the ED's action against Sonia Gandhi and Rahul Gandhi in the National Herald case.
The ruling BJP kept the heat on the opposition party following the ED's chargesheet against the Gandhis and accused chief ministers from the Congress-ruled states of ploughing public money as advertisement into the weekly newspaper which few read.
Former Union minister Anurag Thakur alleged that the Congress used the newspaper as its ATM, claiming that Gandhis sought to acquire properties worth Rs 2,000 crores of the National Herald without investing a penny from their pocket.
Both Gandhis together owned 76 per cent of the Young Indian company which was, he said, given Rs 50 lakh loan by the Congress.
The company then took over the Associated Journals Limited, which owns the newspaper affiliated to the Congress, in lieu of Rs 90 crore it owed to the opposition party, he said.
Thakur asked if a political party can give a loan.
To a question about the allegation that the ED action was politically motivated, the BJP leader dared Congress leaders facing corruption charges to move courts to seek quick and time-bound trial in the cases against them.
"If they have guts, they should do it," he said, adding that in the "Congress model of corruption" the thieves make a lot of noises.
The National Herald case, he said, has stunned the Congress ecosystem into silence.
Thakur noted Gandhis have moved courts for quashing action against them for many times since a lower court took cognizance of the matter before the Modi government came to power.
The courts gave them no relief except that they are on bail, he said, adding that the judiciary did not intervene in the Enforcement Directorate's probe.
Turning to his home state Himachal Pradesh where the Congress is in power, Thakur accused the party of not fulfilling any of its 10 main promises but spending crores of rupees in advertisement in the National Herald.
"Does any Congress leader or member read it in Himachal," he asked, demanding that people should be given details of money spent by different Congress governments in advertisements in the newspaper, which is available digitally.
The Congress has been organising protests in different parts of the country against the ED action.
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Colombo (PTI): The IMF has approved an emergency funding of USD 206 million under its rapid finance instrument to help Sri Lanka “address the urgent needs arising from the catastrophic Cyclone Ditwah and preserve macroeconomic stability”.
The cyclone caused widespread destruction in the island nation and left over 643 people dead.
In a statement issued on Friday, the Washington-based International Monetary Fund (IMF) said the disaster has created urgent humanitarian and reconstruction needs, generating significant fiscal pressures and balance-of-payments needs.
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The emergency financial support provided by the IMF under the rapid finance instrument will help address these pressures, it said.
The IMF added that the cyclone devastation hit when the Fifth Review of Sri Lanka’s USD 2.9 billion bailout was nearing completion.
“Given the time needed to assess the economic impact of the cyclone and examine how an IMF-supported programme can best support Sri Lanka’s recovery and reconstruction efforts while preserving objectives and policy priorities, the Fifth Review has been deferred," it said.
"An IMF mission team will visit Sri Lanka in early 2026 to resume discussions,” it added.
The 48-month extended fund facility deal with the IMF in March 2023 carried hard reforms to Sri Lanka's welfare-based governance.
It was signed after Sri Lanka plunged into an unprecedented economic meltdown with its first-ever sovereign default.
Several hours before the IMF decision, the parliament here approved without a vote a supplementary estimate of LKR 500 billion, which the government said was required to restore the livelihoods of those affected by the disaster.
