Paradise Papers leak: BJP mum on its leaders’ black wealth

News Network
November 7, 2017

New Delhi, Nov 7: The BJP on Monday left its leaders Jayant Sinha and Ravindra Kishore Sinha to defend themselves on news reports that mentioned the duo in the latest leaked Paradise Papers.

The papers showed that the rich and the famous used two global companies to move their money abroad.

A news report stated that Minister of State Jayant Sinha worked as managing director (India) of Omidyar Network for 39 months from September 2009. The company had invested in US-based D Light Design having a subsidiary listed in Caymen Islands. Leaked offshore legal firm Appleby's records pointed out that Jayant had served as a director of D Light Design, too.

BJP Rajya Sabha MP Ravindra Kishore's private security firm SIS, said the news report quoting Malta registry records, is linked to two offshore entities. Ravindra Kishore has a minority stake in SIS's subsidiary SIS Asia Pacific Holdings Ltd (SAPHL), which is registered in Malta, it said.

His wife Rita Kishore Sinha is a director of SAPHL. The BJP parliamentarian has just one share in another concern SIS International Holdings Ltd (SIHL), which is incorporated in Virgin Islands.

Jayant and Ravindra Kishore reportedly did not declare their respective financial details to the Election Commission of India during the 2014 elections.

While Jayant disclosed his links with the private concern two years after he was elected to the Lok Sabha, Ravindra Kishore did not open up his links with SAPHL during his nomination to the Rajya Sabha.

The BJP refused to comment on the reports that have sought to drag the two party leaders into the controversy. A spokesperson dismissed the reports by saying that there is hardly anything in the story to comment.

Through multiple tweets, Jayant gave his version on the leaked Paradise Papers, which has revealed the names of 714 Indians.

"These were bonafide and legal transactions undertaken on behalf of highly reputed world-leading organisations in my fiduciary role as Partner at Omidyar Network and its designated representative on the D.Light Board. All these transactions have been fully disclosed to relevant authorities through all necessary filings as required. After leaving Omidyar Network, I was asked to continue on the D Light Board as an Independent Director," he clarified.

"It is crucial to note that these transactions were done for D Light as an Omidyar representative, and not for any personal purpose," he added.

Ravindra Kishore chose an interesting way to remain mum on the embarrassing revelations against him. When a wire agency reached out to the MP who was seated in a car, he did not utter a word and instead gestured to a reporter to give him a pen.

Ravindra wrote on a sheet of paper in Hindi," 7 din ke bhagwat yagna ke liye maun vrat hai (on a vow of silence for 7 days for the bhagwat yagna)".

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News Network
November 28,2025

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Mangaluru, Nov 28: Karnataka Health Minister and Dakshina Kannada district in-charge minister Dinesh Gundu Rao on Friday handed over Chief Minister Siddaramaiah’s letter to Prime Minister Narendra Modi, highlighting the severe distress faced by farmers due to crashing crop prices.

PM Modi arrived at the Mangaluru International Airport en route to Udupi, where Gundu Rao welcomed him and submitted the letter. The chief minister’s message stressed that farmers are suffering heavy losses because maize and green gram are being bought far below the Minimum Support Price (MSP). The state urged the Centre to immediately begin procurement at MSP.

According to the letter, Karnataka has a bumper harvest this year—over 54.74 lakh metric tons of maize and 1.98 lakh metric tons of green gram—yet farmers are unable to secure fair prices. Against the MSP of ₹2,400/MT for maize and ₹8,768/MT for green gram, market rates have plunged to ₹1,600–₹1,800 and ₹5,400 respectively.

The chief minister has requested the Centre to:

• Direct NAFED, FCI and NCCF to start MSP procurement immediately.
• Ensure ethanol units purchase maize directly from farmers or FPOs.
• Increase Karnataka’s ethanol allocation, citing high production capacity.
• Stop maize imports, which have depressed domestic prices.
• Relax quality norms for green gram, allowing up to 10% discoloration due to rains.

The letter stresses that MSP is crucial for farmer dignity and income stability and calls for swift central intervention to prevent a deepening crisis.

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News Network
November 26,2025

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Bengaluru, Nov 26: Karnataka is taking its first concrete steps towards lifting a three-decade-old ban on student elections in colleges and universities. Deputy Chief Minister D.K. Shivakumar announced Wednesday that the state government will form a small committee to study the reintroduction of campus polls, a practice halted in 1989 following incidents of violence.

Speaking at a 'Constitution Day' event organised by the Karnataka Congress, Mr. Shivakumar underscored the move's aim: nurturing new political leadership from the grassroots.

"Recently, (Leader of the Opposition in Lok Sabha) Rahul Gandhi wrote a letter to me and Chief Minister (Siddaramaiah) asking us to think about restarting student elections," Shivakumar stated. "I'm announcing today that we'll form a small committee and seek a report on this."

Student elections were banned in Karnataka in 1989, largely due to concerns over violence and the infiltration of political party affiliates into campus life. The ban effectively extinguished vibrant student bodies and the pipeline of young leaders they often produced.

Mr. Shivakumar, who also serves as the Karnataka Congress president, said that former student leaders will be consulted to "study the pros and cons" of the re-introduction.

Acknowledging the history of the ban, he added, "There were many criminal activities taking place back then. We’ll see how we can conduct (student) elections by regulating such criminal activities."

The Deputy CM reminisced about his own journey, which began on campus. He recalled his political activism at Sri Jagadguru Renukacharya College leading to his first Assembly ticket in 1985 at the age of 23. "That's how student leadership was at the time. Such leadership has gone today. College elections have stopped," he lamented, adding that for many, college elections were "like a big movement" where leaders were forged.

The move, driven by the Congress high command's push to cultivate young talent, will face scrutiny from academics and university authorities who have, in the past, expressed concern that the return of polls could disrupt the peaceful academic environment and turn campuses into political battlegrounds.

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News Network
November 21,2025

Bantwal: A domestic dispute appears to have led to a violent confrontation in BC Road area, where the owner of a textile shop was allegedly attacked with a knife by his wife on Wednesday evening.

Krishna Kumar Somayaji, the owner of Somayaji Textiles, sustained serious injuries in the incident and was immediately taken to a hospital for treatment. He is currently receiving care in the intensive care unit and is reported to have survived the assault, according to police.

The Bantwal Town police have registered a case against Somayaji's wife, Jyothi KT, who has since been taken into custody.

Police stated that the complainant, Namita, an employee at the shop, reported the sequence of events. She stated that around 7 p.m. on Wednesday, the suspect entered the shop, wearing a burqa and disguised as a customer, before attacking Somayaji with a knife. The employee then transported the injured owner to a local hospital via an autorickshaw.

Superintendent of Police Arun K confirmed that an ongoing domestic dispute between Somayaji and his wife reportedly preceded the attack. Police noted that Jyothi KT had previously visited the shop and issued threats.

Based on the complaint, Bantwal Town police have registered a case under relevant sections of the Bharatiya Nyaya Sanhita (BNS) and the Indian Arms Act-1959. An investigation into the incident is currently underway.

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