Reddy Brothers are being targeted. Most perhaps, political bullying.
article link - http://www.ndtv.com/news/india/the-rise-of-the-reddy-brothers-18261.php
The three Reddy brothers are children of a police constable - but they have come a long way from their humble childhood days. All three brothers are in politics - the two elder brothers, Karunakara and Janardhan are cabinet ministers.
They had made considerable money running a chit fund in the 1990s, but the real money began pouring in when they got into iron ore mining with a Rs 50 lakh investment - just ahead of the boom fed by the Beijing Olympics. They obtained the lease to the Obalapuram mines in Andhra Pradesh. At the peak of the boom, iron ore was fetching almost four thousand rupees a tonne - and they were mining millions of tonnes a year. Their earnings run into thousands of crores.
For many, the Reddy brothers of Bellary came out of nowhere. Now of course, they are very well known - as mining millionaires many times over. This is the Obulapuram mine - the main source of their incredible wealth.\\\" And now the Supreme Court stay on mining operations has hit at the source of that wealth. The boundary of this mine was always a matter of controversy - have the Reddy's encroached into forest land - were they illegally mining across the border in Karnataka? More than one survey was done to try and establish the truth - but somehow, the Reddy brothers always came out on top. (Read: Supreme Court suspends Reddys' Andhra mining)
They are protégés of Sushma Swaraj - and have been since she took on Sonia Gandhi in Bellary in 1999. They even threatened the survival of the Yeddyurappa government in Karnataka late last year - and succeeded in making the chief minister agree to many of their demands for their continued support. Their many detractors both in and out of the BJP will hope that this time they may have to
slow down.
Enormous wealth often comes hand in hand with enormous power. The many detractors of the Reddy brothers, in politics and out of it, in their own party and out of it, say the power they are enjoying now cannot last. The Reddys already have enough money to last them several lifetimes - but to curb their mining activities is to cut at a huge source of their power.
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The cowards never started,
The weak died on the way,
Only the strong arrived.
http://www.youtube.com/watch?v=_yK1i9cLAMM
Sushma, you will infect modi too..
http://1indiablog.blogspot.com/2011/09/bellary-reddy-brothers.html
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The cowards never started,
The weak died on the way,
Only the strong arrived.
http://www.youtube.com/watch?v=_yK1i9cLAMM
Rs. 50,000 Cr. Of natural resources are looted; In just 3 years and are illegally exported to CHINA & PAKISTAN
All 3 brothers are ministers in same Government
They sleep and sit On gold beds and chairs worth 45 cr. Diamond Crown worth 100 Cr in their Living room.
40 Cr gold Crown for lord Tirupati by Reddy’s. Janardhana Reddy donated a diamond-studded crown worth over Rs 40 crore to Tirupati,
and has another at his residence in Bellary. This is the costliest donation offered to Lord Venkateswara ever.
CBI finds gold spoons and plates worth 5 Cr. There house in Bellary worth 120 Cr.
Owns 5 helicopters and planes;the Reddy brothers would heli-hop between
Bellary and Bangalore even for lunch or dinner.
A number of luxury cars line the Reddy homes, ranging from Bentleys and
Mercs to the latest SUVs and Range Rovers.
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A Delhite in Toronto
NDTV may not know the reality. Reddy's ran their mafiadom in the city of Bellary. Google and see every illegal activity they have done. For example, they changed the state borders and mined illegaly in others mines.
Reddy’s bribed Nitin Gadkari, the BJP national chief by giving him a Rs. 45 lakhs golden sword. Same for Sushma Swaraj who got diamond necklace from Reddy brothers worth Rs. 45 lakhs. All these are bribes.
The reason they target could be
1. Political rivalry. Congress want to counter Modi's initiative.
2. Jealousy neighbors and relatives.
3. Reddy's are also inexperienced to handle corruption, more over India doesn't give you a platform to operate business profitable with legitimacy. One or otherway, everything need to be illegitimate and the party remain on hook infinite.
It is always true that quick wealth does more damage than good.
Shouldn't be surprising if Modi's scams are unearthed soon...
Quote:
Originally posted by KumarM
NDTV may not know the reality. Reddy's ran their mafiadom in the city of Bellary. Google and see every illegal activity they have done. For example, they changed the state borders and mined illegaly in others mines.
Reddy’s bribed Nitin Gadkari, the BJP national chief by giving him a Rs. 45 lakhs golden sword. Same for Sushma Swaraj who got diamond necklace from Reddy brothers worth Rs. 45 lakhs. All these are bribes.
-----------------------------------------------------------------
The cowards never started,
The weak died on the way,
Only the strong arrived.
http://www.youtube.com/watch?v=_yK1i9cLAMM
By using the word "targeted", you seem portray the Reddys as a bunch of innocent people. You sound similar to the sentiments echoed in rediff article, how Congress is getting back at BJP
http://www.rediff.com/news/report/janardhana-reddys-arrest-politically-motivated-bjp/20110914.htm
Revenge or not, guilty should be punished irrespective of their political affiliations.
Now that I read about the scam, I am appalled at the level of corruption in the state. I sincerely hope CBI probes into their ties with Sushma Swaraj and other BJP members.
Inefficient it may be, I still praise the people in Indian bureaucracy who do the work they are supposed to do. Let us see, what Indian judiciary has to say about this scandal when the time comes to prosecute these people.
On a side note, I am following Swamy on twitter, and his biodata on Wikipedia has some interesting revelations on Sonia and her family. Now, that PC is in hot waters, let us hope Sonia is next in the line. I also hope that Swamy doesn't get hurt anyway.
http://en.wikipedia.org/wiki/Subramanian_Swamy
Some ex-bureaucrat on twitter is also riled up about Priyanka Gandhi being the next candidate for PM and how she is distancing herself from her husband, Robert Vadra.
Quote:
Originally posted by JRF
The reason they target could be
1. Political rivalry. Congress want to counter Modi's initiative.
2. Jealousy neighbors and relatives.
3. Reddy's are also inexperienced to handle corruption, more over India doesn't give you a platform to operate business profitable with legitimacy. One or otherway, everything need to be illegitimate and the party remain on hook infinite.
It is always true that quick wealth does more damage than good.
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