Black money stashed in Mauritius too'

[email protected] (CD Network)
November 2, 2011

Mangalore, November 2: Indian politicians and business tycoons have stashed countless money in various foreign banks other than those in Switzerland, said B Madhava, Dakshina Kannada district secretary of Communist Party of India (Marxist).

Addressing a protest demonstration in front of the office of deputy commissioner here on Wednesday, Mr Madhava said that most of the people of this country are unaware of the fact that a huge amount of Indian money has been languishing in banks in countries like Mauritius.

The protest was organised as part of the leftist party's nationwide campaign against price rise, corruption and increase in the Foreign Direct Investment in the retail trade.

Mr Madhava said that Indian business tycoons and politicians are now taking advantage of treaty between India and Mauritius to avoid double taxation. “No tax is being imposed on money kept in Banks of Mauritius”, he said.

He also said the UPA led union government's decision to increase the FDI in the retail trade to 51 per cent would have adverse impact on the small time traders involved in retail trade.

Sunil Kumar Bajal, Mangalore City CPI (M) Secretary and others were present.

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News Network
December 2,2025

DKSsiddu.jpg

Bengaluru: 'Nati koli saaru' (country chicken curry) considered one of Chief Minister Siddaramaiah’s favourites along with steaming hot idlis was on the breakfast menu at Deputy CM D K Shivakumar’s residence on Tuesday, according to official sources.

The spread also included 'nati koli' fry, vada and pongal, among other items, they said.

In an apparent show of unity, Siddaramaiah visited Shivakumar’s residence for breakfast, just days after the two leaders shared a meal amid a simmering power tussle in the state Congress.

Siddaramaiah drove to the Deputy CM’s residence in Sadashivanagar, where he was received by Shivakumar and his brother D K Suresh, who is a former Congress MP.

Suresh and Kunigal MLA H D Ranganath, a relative of Shivakumar, joined them for breakfast, which featured a mix of vegetarian and non-vegetarian dishes.

Speaking to reporters later, Siddaramaiah said Shivakumar had invited him during his visit to the CM’s residence for breakfast on Saturday.

Asked about the difference between the two meals, the chief minister said, "At his (Shivakumar’s) house it was non-veg, while at my house it was veg. He is a vegetarian, I am a non-vegetarian. I had not prepared non-veg. I told DK to get chicken from the village as you won’t get the original in Bengaluru."

Shivakumar said he had initially invited Siddaramaiah to his residence, but the CM had suggested visiting his place first and reciprocating later. "It was a vegetarian breakfast at the CM’s house on Saturday," he noted.

"Today, I invited him (the CM) to my house. He enjoyed the breakfast, which had his Mysuru taste," Shivakumar added. At this point, Siddaramaiah remarked that Shivakumar’s wife is also from Mysuru.

Saturday’s breakfast at Siddaramaiah’s official residence, held as part of efforts by the Congress high command to ease tensions in the leadership dispute between the two, reportedly included idlis and sambar, according to official sources.

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