President of the Karnataka Pradesh Mahila Congress, Laxmi R. Hebbalkar has rebutted the allegations of owning a mining company in Indonesia levelled by senior leaders and MLAs of Bharatiya Janata Party S. Suresh Kumar and C.T. Ravi.
The BJP on Thursday demanded an Enforcement Directorate (ED) enquiry into the charges that co-operative banks illegally sanctioned Rs 251 crore term loan to Harsha Sugars, in which Congress leader Lakshmi Hebbalkar is the managing director.
BJP general secretary and MLA C T Ravi said a consortium of seven co-operative banks had sanctioned the loan against a total security of 51 acres of industrial land worth only about Rs 1.69 crore in Savadatti taluk of Belagavi district. “It is a Vijay Mallya-like case in Karnataka. The Congress government has enabled its leader to obtain huge sums of loan by throwing all rules to the winds.
Laxmi Hebbalkar said If the BJP and their leaders prove the charges, I will not only quit politics, but also gift the entire company to that party. State was virtually in the election-year and BJP was desperately trying to return to power in the State.