Short Biography of G Janardhan Reddy Mining billionaire king of Mining

Short Biography of G Janardhan Reddy Mining billionaire king of Mining
Journey from a two-room police quarter to mansion and luxury cars and Helicopters

Updated on Sunday, September 11, 2011
Updated – Wednesday, September 21, 2011

Name - Gali Janardhana Reddy
Date of Birth : 11th January, 1967

Gender : Male
Marital Status : Married
Spouse’s Name - Smt. Lakshmi Aruna
Family : 1 Daughter, 1 son


Father’s Name : Chenga Reddy
Brother: G. Karunakara Reddy, G. Somashekara Reddy

Qualification : SSLC (Secondary School Leaving Certificate) or Class X.

Residence Address : Ashok Nagar, Havambavi, Bellary
08392-266295 ,94483 50228 (Mbl)
Office Address : No G-2, Parijatha Apartments, Race
Course Road, Bangalore -01 080-22381331

Media has reported that they are worth Rs.8000 Crore.

G. Janardhana Reddy is a member of the Bharatiya Janata Party.
He is Mine owner and a politician.
He is the owner of Obulapuram Mining Company and CMD of Bramhani Industries Limited.
He was the Minister of Tourism and Infrastructure in the government of Karnataka and a Member of the Legislative Council (Vidhan Parishad) from the Bharatiya Janata Party.

He is also the brother of Karnataka Revenue Minister G. Karunakara Reddy and of Bellary MLA G. Somashekara Reddy.

Janardhana Reddy is at the center of the illegal iron-ore mining controversy in the Karnataka government.
He was arrested on Sep'5th 2011 by CBI on charges of Mining irregularities and charges under prevention of corruption act.

His father was the police constable and he grew up in Bellary with his brothers.

He was very close to the former chief minister Y. S. Rajasekhara Reddy and his son Y. S. Jagan Mohan Reddy.
Jaganmohan Reddy is reported to have a business interest in Brahmani Steels.

He donated a diamond-crusted crown in pure gold, estimated to cost Rs. 45 crore, to Lord Balaji at Tirupati.

He started as chit fund agent.
Year 1990 –
he started Ennoble India Savings and Investments India and even a news daily Ennama Kannada Nadu.

Year 1998 –
In 1998, Janardhana Reddy's finance company, Ennoble India Savings, collapsed, leaving unpaid debts of over Rs. 200 crores.


Year 1999 –
Congress party did not give the election ticket to loyal Sriramulu,after that Readdy brothers went to BJP.
Same time they came into contact with senior BJP leader Sushma Swaraj as she contested Lok Sabha elections against Congress president Sonia Gandhi.
Sushma Swaraj lost the elections in that elections Readdy brothers helped her lot.

After that Readdy brothers worked very hard for the BJP and thus they started to get the fruits of their hardwork.

In Andhra Pradesh Readdy brothers were with the BJP but they were close friends of YSR who belong to Congress Party.
Readdy became close friends of YSR son Jaganmohan and they partnered and started
Brahmani Steels in YSR's home town Kadapa.

Year 2001 –
Janardhana Reddy set up the Obulapuram Mining Company with an initial
capital of Rs. 10 lakh.

Year 2002 –
He became the director

Year 2004 –
Because of political power and background OMC started to control or take over the other mining companies and reported a turnover of R 35 crores.

March 2009 –
OMC reported turnover of Rs.3000 Crore.

Readdy now controlled AP and they got excellent close relations with YSR who was the CM of Karnataka a congress party leader.

Readdy brothers became so powerful in mid 2009 that they In a compromise with Yeddyurappa, the Reddys also forced the removal of a Karnataka minister Shobha Karandlaje and chief secretary (IAS officer) V.P. Baligar.
May 2009 –
According to Tehelka : In May 2009, the family spent an estimated Rs 20 crore on a wedding.

June 2009 –
They donated a diamond-crusted crown in pure gold, estimated to cost Rs. 45 crore, to Lord Balaji at Tirupati.

September 2009 – YSR died in Helicopter crash.

Supreme Court appointed committee and a central empowered committee of the Supreme Court reported violations and mining from reserved areas etc.
The committee said that a mining lease to OMC extended from 2004 till 2017 by the YSR government was illegal. The committee suggested that mining be suspended till pillars were erected and boundary posts laid on the state border.

Congress Government - K Rosaiah in Andhra Pradesh suspended mining by OMC and sought a CBI probe.
The Reddy brothers went to court and got a stay, but that stay was vacated in December, 2010.

former Karnataka Lokayukta Santosh Hegde's report on illegal mining has accused OMC of illegal mining in Karnataka too.

Now CBI has arrested them and CBI court ordered 14 days judicial custody to Readdy brothers.

Updated on Sunday, September 11, 2011

In 2007 Mr. Reddy was given 10,760 acres of government land by the YSR government
For setting up of a Rs. 20,000-crore captive steel plant. Named Brahmani Steels, the plant at Jammalamadugu in Andhra Pradesh's Kadapa district.
In reality plant was never started.
Mr. Reddy was allowed to export all the iron ore that he was exclusively permitted to in the name of the project.

It also gave another 4000 acres of land to Mr. Reddy for developing an airport with the promise of generating 10,000 direct jobs and other one lakh indirect jobs via the two projects.

Mr. Reddy raised Rs. 350 crore by using the land that he had procured for just
Rs. 18 crore from the YSR government.

He also reportedly exported 54 lakh tonnes of iron ore that was meant to be used by the steel plant.

Updated – Wednesday, September 21, 2011

Media reported that in a private bank G Janardhana Reddy and his associates had allegedly booked 200 lockers.

Reddy allegedly owned ten lockers and had stacked gold, platinum and diamond ornaments, besides important documents in them.

CBI and IT Department have secured information over transfer of money by Janardahna Reddy's foreign firms in six countries-- Cambodia, Dubai, Singapore, Vietnam, China and Indonesia.

CBI sources of TOT told to TOI that in the interrogation of mining baron Gali Janardhana Reddy whose is in CBI custody last week has revealed that he ran a 'mamool raj' in the Bellary iron ore mining area and had collected Rs 1,000 crore as his `private royalty' from the fellow miners in just three years.


Reality views by sm –
Monday, September 05, 2011

Tags-News Politics Corruption Biography of G Janardhan Reddy Mining AP Karnataka