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Mining Mess: Open letter to Manmohan Singh

It is ironic that while iron ore worth Rs 100 crores is being pilfered and looted by private interests each day in a cosy crony capitalistic relationship, NMDC is looking for fresh investment for iron ore in Australia!

Add to that the proposed allotment of iron ore to private barons worth trillion of dollars for petty royalty and not to NMDC, the tragedy of a poor nation suffering at the hands of corrupt politicians is complete.

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Bellary Reddys’ mining interests in Karnataka

C V Nagesh, the lawyer representing the Reddys, has suggested that no mining lease has been issued in their name in Karnataka and there was no question of illegal mining or looting Karnataka’s state wealth as they don’t have any mining activity in the state.

Notwithstanding the statement given by their lawyer, Canary Trap brings you exclusive details of how the Bellary Reddys not only have mining interests in the state but also how they control most of the mines through rising contractors, partners and other arrangements.

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Exclusive: The rise of Bellary Reddys

Sources say GJR and his eldest brother G Karunakara Reddy are learnt to have discontinued their studies sometime in early 1980s. While Karunakara entered into contract work like cable network, GJR joined a Kolkata-based financial firm. He bought his first vehicle (TVS-50) in 1983, a TVS Suzuki Bike in 1985, and an Ambassador car in 1987.

The fortunes of Reddy brothers changed after the 1999 Lok Sabha polls.

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