CM Siddaramaiah vows action against Microfinance firms, announces legal reforms to protect borrowers
Bengaluru (PTI): Karnataka Chief Minister Siddaramaiah on Sunday said the police would take action against microfinance companies in the state if complaints are filed regarding alleged harassment in the recovery of loans.
He also mentioned that his government would establish helplines for people to report any harassment.
Addressing reporters here, he said, "If a complaint is received, we will take action against the microfinance companies. We will also set up helpline numbers for people to report any issues with these companies. I have instructed police officials to act promptly upon receiving a complaint."
The CM's statement follows his announcement on Saturday that the government would amend existing laws related to money lending and introduce new legislation to safeguard the interests of genuine borrowers.
The announcement comes in the wake of reports of people dying by suicide and protests by women against the torturous microfinance companies across the state.
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Wangchuk not given videos which formed basis of his detention: Wife to SC
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New Delhi (PTI): Climate activist Sonam Wangchuk's wife Gitanjali J Angmo alleged in the Supreme Court on Thursday that four videos which formed the basis of her husband's detention were not shown to him and only the thumbnails on pen drive were displayed.
Senior advocate Kapil Sibal, appearing in the court for Angmo, told a bench of justices Aravind Kumar and Prasanna B Varale that not supplying the videos violated Wangchuk's right to effective representation before the advisory board as well as the government.
"It is now alleged by the State that that DIG came with a laptop and shown four videos. The laptop was provided to detenue on October 5, 2025, but those four vidoes were not there.
"Let us assume they showed it to be, that is not the requirement of law. The requirement is to give it to me. They have to provide the document, I don't have to ask. It is there constitutional duty to supply. We have said that time and again that the four was never supplied," Sibal said.
Another lawyer assisting Sibal informed the court that the pen drive was inserted in the laptop before Wangchuk and he only saw the thumbnails.
"The videos were not actually played. None of the thumbnails were actually clicked," the lawyer said.
Additional Solicitor General KM Nataraj submitted that there is a video in which the conversation with the DIG and detenue will show everything.
The top court said it see the relevant video recordings, including a 40-minute video of the interaction between police officials and the detenue.
The matter is now posted for hearing on February 23.
On Monday, the apex court had questioned the Centre about the transcripts of videos submitted by it against Wangchuk and said the translations should be precise in the age of artificial intelligence.
It had told Nataraj that it wanted actual transcripts of Wangchuk's statements from the government after Sibal submitted that some of the words attributed to the activist were never said by him.
The top court was hearing a habeas corpus petition filed by Wangchuk's wife, Gitanjali Angmo, seeking a declaration that his detention under the National Security Act (NSA), 1980, is illegal.
The NSA empowers the Centre and the states to detain individuals to prevent them from acting in a manner "prejudicial to the defence of India."
The maximum detention period is 12 months, though it can be revoked earlier. Angmo said the violence in Leh on September 24 last year cannot be attributed in any manner to the actions or statements of Wangchuk.
Wangchuk himself condemned the violence through his social media handles and categorically said it would lead to the failure of Ladakh's "tapasya" and its peaceful pursuit of five years, Angmo said, adding that it was the saddest day of his life.
