RBI Governor 'highly corrupt', got him removed from Finance Ministry: Subramanian Swamy

Agencies
December 23, 2018

Hyderabad, Dec 23: BJP leader Subramanian Swamy on Saturday alleged that Reserve Bank of India Governor Shaktikanta Das was involved in corruption and termed his recent appointment to the top post a "surprise". Swamy, however, did not give any specific details about the "corruption", an allegation he had made in the past as well.

"The new governor of (RBI) is highly corrupt. I got him removed from the (Finance Ministry). I am calling Shaktikanta Das as a corrupt person. I am surprised that the man I got removed from the Finance Ministry for corruption was brought in as governor," Swamy said at an interactive session at the Indian School of Business in Hyderabad.

Later, when reporters asked Swamy who he thinks should head the RBI, the Rajya Sabha member named Indian Institute of Management, Bangalore, professor R Vaidyanathan. "Professor R Vaidyanathan, former professor of finance (IIM-B), would have been much better. He is also (an) old Sangh man. He is our man," he said, adding that bringing S Gurumurthy on the RBI board was a mistake.

"He (Das) was removed from the Finance Ministry because he tried to interfere in my corruption case against (senior Congress leader) Chidambaram. He is Chidambaram's 'chela' (disciple). When he was in Chennai, he was involved in a lot of corruption," Swamy said.

Das, who spearheaded the post-demonetisation normalisation of the economy, was named the new RBI governor on December 11, a day after incumbent Urjit Patel quit the post.

On being asked about the 2019 general elections, Swamy asserted that the saffron party would come back to power as "there is no anti-incumbency" against the Narendra Modi government.

To a question on Congress president Rahul Gandhi, Swamy alleged he held a British citizenship and cannot become a prime minister, a charge already rejected by the former. "by the way Rahul Gandhi cannot be a prime minister because he is a citizen of Britain and his Indian citizenship will be cancelled, he won't even be an MP," he claimed.

Swamy had in 2016 made the allegation and, after it was raised in the Parliament Ethics Committee, Gandhi, in his response in March that year, had rejected the charge, saying it was a move to malign him.

The BJP leader had alleged that Gandhi declared himself a British citizen to occupy the post of the director of a company there.

On the Ram temple issue, Swamy said, "There is a widespread desire, even in Tamil Nadu, that a Ram temple must be built (in Ayodhya). And we will build it..."

Swamy said he had given a proposal to the Hindu Dharma Acharya Sabha on the Ram temple. He added that he would the fight Ayodhya issue "as he has fundamental right to pray there".

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coastaldigest.com news network
December 20,2025

Mangaluru, Dec 20: City Police Commissioner Sudheer Kumar Reddy has issued a high-alert warning to vehicle owners regarding a surge in cyber fraud targeting those looking to pay traffic violation fines. Fraudsters are reportedly exploiting recent government discount schemes on traffic penalties to deceive citizens.

The Scam: How Fraudsters Strike

Criminals are using SMS, WhatsApp, and social media to circulate suspicious links and APK files (Android application packages). They claim these apps allow users to pay e-challans at a discount.

•    Device Hacking: Downloading these unauthorized apps gives hackers full access to the victim's smartphone.

•    Financial Theft: Once the phone is compromised, fraudsters intercept OTPs and personal data to drain bank accounts.

•    Phishing Sites: Fake websites mimicking official portals are also being used to harvest banking credentials.

Already, two residents within Mangaluru city limits have reported significant financial losses after falling victim to these fraudulent apps.

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News Network
December 19,2025

Mangaluru: Public transport in Mangaluru is set for a state-led transformation as the government moves to deploy 100 new electric govt buses to replace unreliable private services. The initiative aims to provide a dependable alternative to private operators who have been frequently "cutting trips," leaving thousands of commuters stranded.

The announcement was made by Deputy Commissioner and MCC Administrator Darshan HV during a public phone-in session. The move specifically targets routes where private bus service has become erratic, ensuring that citizens no longer have to rely on a fluctuating private sector for their daily commute.

Restoring the Govt Presence

The transport crisis was brought to the forefront by Ramayya, a resident of Bajal, who highlighted a growing trend of private buses skipping morning and night trips. With the previous KSRTC (govt) services discontinued, residents have been left without a fallback option.

To fix this, the DC confirmed that the PM-eBus Sewa Scheme will bring 100 government-owned electric buses to the city:

•    Phased Deployment: The first 50 of the new 100 government buses are scheduled to arrive by March 2026.

•    State Infrastructure: Two new government depots, including one at Mudipu, are being prepared for operations.

•    Recruitment: The state has already begun training a new batch of government bus drivers to ensure the fleet is operational the moment it arrives.

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News Network
December 7,2025

Mangaluru, Dec 7: A 34-year-old fruit and vegetable trader in Mangaluru has reportedly lost ₹33.1 lakh after falling victim to an online investment scam run through a fake mobile app.

Police said the scam began in September, when the victim received a link on Facebook. Clicking it connected him to a WhatsApp number, where an unidentified person introduced a high-return investment scheme and instructed him to download an app.

To build trust, the fraudster asked him to invest ₹30,000 on September 24. The trader soon received ₹34,000 as “profit,” convincing him the scheme was genuine. Over the next two months, he transferred money in multiple instalments via Google Pay and IMPS to different scanner codes and bank accounts shared by the scammers. Between September 24 and December 3, he ended up sending a total of ₹33.1 lakh.

When he later requested a refund of his investment and promised returns, the scammers demanded additional payments, claiming he needed to pay a “service tax” first. Even after he paid a small amount, no money was returned, and the scammers continued pressuring him for more.

A case has been registered at the CEN Crime Police Station.

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