I was made scapegoat, will bounce back, says businessman Dr B R Shetty
Udupi: Claiming that the financial position of B R Shetty empire is robust, B. R. Shetty, the NRI industrialist of Udupi has rebutted all reports that his company is going under severe loss and facing bankruptcy.
“Such false reports have disheartened me and I felt sad reading about these unsubstantiated reports”, he said.
Admitting that the economic conditions of foreign countries are pretty weak, he however claimed that his company has been making ample profit and financial status is stronger than ever.
Having established his empire in Gulf Countries, Shetty had been kept his distance always from the media for quite a long time after the reports that his company has incurred heavy loss due to financial crunch.
He however was noticed by media persons at his Koosamma Shambhu Shetty Memorial Haji Abdullah Government Hospital during the celebration of 10,000th child birth programme at the hospital here.
At this time, Shetty volunteered to speak to the media persons, he talked in detail about the financial condition of his company.
“ I have not escaped anywhere. Indeed my empire has faced some set back, but I am not responsible for it as I have been made scapegoat “, he said.
He said that he got cheated by trusting some people. Those who were in his company, ditched him.
“They have made financial frauds behind me. However I can't call him guilty because his guilt has not been proved yet”, he said.
Shetty said that the matter is in subjudice therefore he can't comment much on it.
“People of some vested interest have played a dirty trick on me. But I am certain that I will come out of this mess soon”, he said.
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Sculptor Ram Sutar, designer of Statue of Unity, passes away
New Delhi (PTI): Noted sculptor Ram Sutar, known for designing the world's tallest statue — Statue of Unity — in Gujarat, passed away late on Wednesday night at his Noida residence, his son said.
He was 100 and ailing with age-related illnesses.
"It is with profound grief that we inform you of the passing of my father Shri Ram Vanji Sutar on 17th December midnight at our residence," his son Anil Sutar said in a note shared with the press on Thursday.
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Born in a humble family in Gondur village under the Dhule district of present-day Maharashtra on February 19, 1925, Sutar is known to have been drawn to sculpting from his childhood.
A gold medallist from JJ School of Art and Architecture, Mumbai, Sutar, has to his credit a long list of achievements.
The iconic statues of Mahatma Gandhi seated in a meditating pose and of Chhatrapati Shivaji riding a horse on the Parliament premises rank among his finest creations.
The Statue of Unity honours Sardar Patel, country's first deputy prime minister and home minister.
Sutar was honoured with the Padma Shri in 1999 and the Padma Bhushan in 2016.
Recently, Sutar was conferred with the Maharashtra Bhushan Puraskar, the state's highest award.
