Basavaraj Bommai: Wistron revises losses to Rs 43 crore, says Basavaraj Bommai | Bengaluru News – Times of India


BENGALURU: Home minister Basavaraj Bommai on Wednesday said losses in the violence at Wistron’s Narasapura plant near Kolar are only 10 per cent of what the company had claimed earlier.
The company in its first FIR reported losses of Rs 437 crore. Bommai tweeted on Wednesday: “Police have taken prompt action and arrested 164 persons. The Wistron company which said Rs 437 crore loss earlier, has now in writing that loss is Rs 43 crore, therefore, some international media is blowing out of proportion (sic).”
The tweet came in response to BJP national general secretary (organisation) BL Santosh tagging Bommai, deputy chief minister CN Ashwath Narayan and CM BS Yediyurappa while citing a Chinese claiming there was a “potential risk” when manufacturers consider moving their production lines out of China.
‘Clerical error in first FIR’
Kolar police said Wistron representatives filed an amendment to their complaint and said there was a clerical error of an additional zero in the first FIR. The damage to “assembly production floor machinery and related equipment” was earlier said to be Rs 4,12,50,00,000. With the correction, actual loss in that category is Rs 41,25,00,000 (Rs 41.2 crore). Overall losses, as reported by Wistron to the Taiwan exchange, are Rs 52 crore. There was no official comment by the company.
Chief secretary TM Vijay Bhaskar had another round of meetings with the company head and government officials. Sources said the meeting was to take stock of the situation and see how soon the case could be resolved. The department for promotion of industry and internal trade advised the government to “complete the inquiry soon, identify the culprits, look into the wages and labour related matters ”.
The government added that it’s working closely with Wistron to ensure workers’ woes are addressed. It said the state administration will provide security to the project, employees and property.
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Sagar Biswas

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