Will appear before police in ponzi case: Janardhana Reddy
Bengaluru, Nov 10 : Three days after remaining elusive, mining baron G Janardhana Reddy said on Saturday he would appear before the police in connection with an alleged ponzi scam, maintaining that he had not done anything wrong.
In a video message from an unknown location, Reddy said he was not absconding and was very much in the city, asserting that there was no need for him to flee. He also rubbished media reports that he had fled to Hyderabad or some other city.
"I have not committed anything wrong. The police do not have not a single document to prove that I am wrong. They are misleading the media," he claimed in his message telecast by TV channels.
Reddy, who was a minister in the erstwhile Bharatiya Janata Party (BJP) government in Karnataka, said he never panicked as his name neither figured in the first information (FIR) report, nor was any notice served to him.
"Now that the notice has been issued by the police, I have decided to appear before the Central Crime Branch today itself though the notice says I should appear on Sunday," Reddy said.
"I decided to make this video to let people know the truth. I have faith in the police and believe that they would not succumb to any political pressure," he added.
The Central Crime Branch police had launched a hunt for him since Wednesday in connection with a money transaction worth crores of rupees, allegedly linked to a ponzi scheme.
The CCB was also on the lookout for Reddy's close aide, Ali Khan, who had allegedly struck a Rs 20-crore deal with Syed Ahmed Fareed of Ambidant Marketing Pvt. Ltd -- a company accused of involvement in the ponzi scheme -- to bail him out from the Enforcement Directorate investigation.
Bengaluru Police Commissioner T Suneel Kumar had said on Wednesday that Reddy was absconding and the police were looking for him to question him in the case.
Reddy's lawyer, C H Hanumantharaya, who earlier moved a city civil court on Friday seeking anticipatory bail, had told reporters that the minor baron would take a call on Saturday whether to appear before the CCB or not.
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India has agreed already to drop its tariffs to nothing: President Trump
New York/Washington, May 7 (PTI): US President Donald Trump on Tuesday said India has “agreed” to drop its high tariffs “to nothing”.
“I mean, India as an example, has one of the highest tariffs in the world. We’re not going to put up with that, and they’ve agreed already to drop it. They’ll drop it to nothing. They’ve already agreed. They would have never done that for anybody else but me,” Trump told reporters in the Oval Office.
Trump and visiting Canadian Prime Minister Mark Carney spoke to reporters as they met in the Oval Office to discuss the US-Canada trade.
“So we’re going to put down some numbers and we’re going to say our country is open for business and they’re going to come in and they’re going to pay for the privilege of being able to shop in the United States of America. It’s very simple. It’s very simple,” he added.
In the past, Trump has called India “tariff king” and a “big abuser”.
Last month, Trump had said that negotiations with India over a bilateral trade deal are “coming along great” and he thinks “we’ll have a deal with India”.
