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Didn't misuse power against mining baron Janardhana Reddy: CM Kumaraswamy

Didn't misuse power against mining baron Janardhana Reddy: CM Kumaraswamy

Kumaraswamy

Karnataka Chief Minister H D Kumaraswamy Wednesday said his government has not indulged in "hate politics" or misused power against mining baron G Janardhana Reddy arrested in connection with a multi-crore ponzi scam case.

Reddy, a former Karnataka minister, had alleged "political conspiracy" against him.

"Developments are taking place in the court with regard to this case. Neither I nor my government or officials have indulged in hate politics or misused (power) in this issue. I'm saying this very clearly," Kumaraswamy told reporters here.

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After remaining elusive Since November 7, Reddy had appeared before the Central Crime Branch (CCB) of the city police, which had arrested him Sunday after marathon questioning.

A Metropolitan Magistrate court had subsequently remanded him to judicial custody till November 24.

The CCB had launched a hunt for Reddy last week in connection with a transaction of crores of rupees, allegedly linked to a ponzi scheme.

It was on the lookout for Reddy and his close aide, Ali Khan, who had allegedly struck a Rs 20-crore deal with Syed Ahmed Fareed of Ambidant Marketing Pvt Ltd, a company accused of involvement in the ponzi scheme, to bail him out from the Enforcement Directorate investigation.