The Great Indian Political Drama - 1 (Oct 2017 - Mar 2018)

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Supratik
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Re: The Great Indian Political Drama - Oct 2017

Post by Supratik » Sat Feb 17, 2018 4:07 pm

I don't think so. If you mean bribes it is unlikely in the US. I am not aware of any US case of providing shelter to economic offenders. If you mean his money I don't think US cares for his billion dollar. UK is a different story. It runs mainly on the financial sector and allows all kinds of African tinpot dictators and drug lords to park their money and assets. It also provides shelter to all kinds of other malcontents including terrorists. If the UK courts allow them to be extradited then all kinds of cases will be filed and they have to follow up on it. That is why both Mallya and Lalit Modi have chosen UK. The ultimate solution is coercive diplomacy of Modi govt backed by solid evidence.

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Re: The Great Indian Political Drama - Oct 2017

Post by Rahul M » Sat Feb 17, 2018 4:13 pm

Trilobite wrote:
Sat Feb 17, 2018 8:46 am
I am skeptical about the claim of Rs 5,500 crore worth of diamonds being seized. How were they able to ascertain the value while they were seizing it? Lot of these diamonds may simply be fake, may be cubic zirconia. One of the whistleblower who worked for Mehul Choksi company, said that accounting was 10 times overinflated. A group of employees turned whistleblower around 2015 and they ran from pillar to post but to no avail. In the meantime they received all kinds of threats etc.
Hello Dhruv Rathee !

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Re: The Great Indian Political Drama - Oct 2017

Post by Raju » Sat Feb 17, 2018 5:43 pm

Nirav Modi can be bought back to India from US or anywhere else if the Govt of day is serious in bringing him back. All these UPA & NDA types say a lot of things in public and for public consumption only. If Mallya & Modi & Mehul Choksi were actually laundering money for politicians, do you think they will remotely seek to bring them back ??

Politicians say one thing in public and then send mixed signals to foreign govts so that they can then pretend law of their land takes its own course. And both politicians and foreign govt can climb on moral high horse.

If GoI seriously wants someone extradited for criminal case from any foreign country except pakistan, then that person will be in India within 48 hrs.

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Re: The Great Indian Political Drama - Oct 2017

Post by geeth » Sat Feb 17, 2018 6:07 pm

Supratik wrote:
Sat Feb 17, 2018 11:58 am
BJP is in damage control mode but Congress has gone soft as this type of scams usually have higher connections. Modi govt did not fire or prosecute the banking staff for the NPA mess. So they thought it was business as usual. They have kept too many C-system people in business which is coming back at them.
Not at all..Initially I also thought the BJP wallahs are a bunch of fools. But I do remember a statement by Modi during his first interaction with school kids in 2014 - that he will work for 4 years and last one year will be for politics. He is priming the system for politics. One by one the skeletons are going to fall from the cupboards. The strategy is two fold. 1) Keep the opponents offguard and keep them in a continuous state of firefighting.
2) Build up the public opinion against them
Add to that the blockage of funds to opposition - their strategy seems to be to milk the system through usual suspects and get sufficient funds to fight next year election. Now, after all these Mallayas and Modis taken off the system, how are they gonna game the system for moolah?
JMT

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Re: The Great Indian Political Drama - Oct 2017

Post by Indrad » Sat Feb 17, 2018 6:08 pm

Rahul M wrote:
Sat Feb 17, 2018 4:13 pm
Trilobite wrote:
Sat Feb 17, 2018 8:46 am
I am skeptical about the claim of Rs 5,500 crore worth of diamonds being seized.
Hello Dhruv Rathee !
who is Dhruv: another Modi baiter?

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Re: The Great Indian Political Drama - Oct 2017

Post by Indrad » Sat Feb 17, 2018 6:26 pm

Malya: no end to good times https://timesofindia.indiatimes.com/ind ... 906593.cms
How can UK court order Indian banks to unfreeze bank money of Malya?
Malya might have lost million court case+ against Singapore’s BOC Aviation but that does not stop the “King of Good Times” enjoying the high life in the UK.
The high court in London has just increased his weekly living allowance from £5,000 (Rs 4.5 lakh) to £18,325 (Rs 16 lakh) whilst the freeze order on his global assets remains in place.
His weekly allowance equates to the average annual salary of a British school leaver.
“If he is used to a luxury lifestyle then the court will not suddenly make him live on £200 (Rs 17,000) a week,” said Sarosh Zaiwalla, senior partner at Zaiwalla & Co. LLP London. “He is entitled to legal expenses on top. The judge considers his style of living to reach a fair result.”
Mallya, 62, has now applied to have the freeze order against his global assets discharged and the registration of the judgment of the Debt Recovery Tribunal (DRT) in Bengaluru dated January 19, 2017 with the English courts set aside.
A hearing will take place at the high court on April 16 and 17.
The DRT judgment, which 13 Indian banks successfully registered with the English courts under the Foreign Judgments (Reciprocal Enforcement) Act of 1933 last November, states that he owes Rs 9,853 crore, including interest, to the banks as of November 22, 2017. The freeze order is an interim measure until that judgment is enforced.
“There is a reciprocal agreement between India and the UK so if the claimant wins, then the judge will automatically enforce the judgment against the assets frozen. They would either give the assets to the banks or sell them and give the proceeds to the banks. If the claimant fails, then the freezing order will be discharged,” Zaiwalla explained.

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Re: The Great Indian Political Drama - Oct 2017

Post by Indrad » Sat Feb 17, 2018 6:33 pm

good cartoons on Nirav escape...
Image

crams
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Re: The Great Indian Political Drama - Oct 2017

Post by crams » Sat Feb 17, 2018 9:30 pm

Guys, just a quick comment on Mohan BhagwatJi's statement on being able to mobilize RSS cadres in 3 days which Pappu clown sized on and went berserk. Let me mention that growing up in Bangalore, I was the butt of elitist mockery for participating in early morning RSS Shakaas. To this day, I recall the kind of brotherhood that instills and I bristle with anger at the elitist condescension mocking RSS as pot bellied, chaddis, you name it. I mean the Lutyen deracinated chutiays don't even realize their contradiction. On the one hand they compare RSS with Hitler and fascists, and on the other mock them for the pot bellies.

Having said that, I feel Mohan BhagwatJi could have phrased his statement a little better. The way he stated it, it definitely comes across as asinine and given an unnecessary handle to Pappu and his traitor slaves. Instead of saying RSS can raise an army of volunteers reading to fight for the country in 3 days yada yada, he could have simply said RSS is willing to support Indian army in whatever means necessary and it will take 3 days to mobilize. After all, lets face it, RSS guys cannot kill a fly, let alone take on the likes of TSPA, Jaish, LeT, Chnicom red army who shoot at sight etc (ISI must be laughing and saying bring it on, they can launch their pigLeTs with even more ferocity and hide under the cover of equal equal). RSS is a cultural, nationalist organization willing to serve the country in any capacity and BhagwatJi should have just conveyed that instead of this military BS.

Singha
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Re: The Great Indian Political Drama - Oct 2017

Post by Singha » Sun Feb 18, 2018 1:24 am

It seems nischal modi the absconding brother is married to isheta salgaoncar, daughter of deepti salgaoncar... one of the two sisters of the ambani brothers.deepti and nina

Singha
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Re: The Great Indian Political Drama - Oct 2017

Post by Singha » Sun Feb 18, 2018 1:24 am

It seems nischal modi the absconding brother is married to isheta salgaoncar, daughter of deepti salgaoncar... one of the two sisters of the ambani brothers.deepti and nina

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Re: The Great Indian Political Drama - Oct 2017

Post by Singha » Sun Feb 18, 2018 1:43 am

The clerk mr kharat who is arrested only had 25,000 signing limit per his fathers interview. He merely obeyed orders from superiors

A small fall guy

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Re: The Great Indian Political Drama - Oct 2017

Post by chetak » Sun Feb 18, 2018 4:35 am

Singha wrote:
Sun Feb 18, 2018 1:43 am
The clerk mr kharat who is arrested only had 25,000 signing limit per his fathers interview. He merely obeyed orders from superiors

A small fall guy
A similar explanation but with a slightly different context was proffered as a credible defence at the nuremberg war crimes tribunal as well.

It didn't wash then and it certainly shouldn't wash now.

chetak
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Re: The Great Indian Political Drama - Oct 2017

Post by chetak » Sun Feb 18, 2018 4:37 am

And, they are off, just like we suspected.

The modus operandi was too juicy not to be duplicated and used elsewhere.

It looks like a very neat, very specific tailor made and targeted loophole. Too slick and easy for it not to have widespread knowledge and implications.

The smoking gun is the fact that "auditors", statutory, regulatory, internal as well as the RBI which is the regulator, all have, jointly and severally, "missed" the huge elephant in the room. Its impossible to believe that not one single, solitary "auditor" has ever not picked up on this massive loophole.

The only logical explanation is omerta. Various people have been paid off just to look the other way.

The current MoFin is suspiciously and very conveniently quiet on the entire affair.

This has to be in the knowledge of the MoF baboo(n)s, RBI baboo(n)s, and generally all the venal species of baboo(n)s infesting the financial PSU space.

Brace yourselves, this looks like its going to get a whole lot worse before it gets any better.



After PNB, Chennai's City Union Bank Hit by Fraud Using the Same Method

After PNB, Chennai's City Union Bank Hit by Fraud Using the Same Method

Just like the fraud at Punjab National Bank (PNB), no entries of remittances were made in the ledgers of City Union Bank and transfers were pushed through the SWIFT financial platform.

February 17, 2018,

After PNB, Chennai's City Union Bank Hit by Fraud Using the Same Method

New Delhi: Days after the Rs 11,400 crore fraud at PNB shook the country, private sector City Union Bank on Saturday said it suffered three fraudulent remittances of nearly USD 2 million (about Rs 12.8 crore).

Just like the fraud at Punjab National Bank (PNB), no entries of remittances were made in the ledgers of City Union Bank and transfers were pushed through the SWIFT financial platform.

"During our reconciliation process on February 7, it was found out that 3 fraudulent remittances had gone through our SWIFT system to our corespondent banks which were not initiated from our bank's end. We immediately alerted the correspondent banks to recall the funds," City Union Bank said in a regulatory filing on stock exchanges.

Of the 3 fraudulent remittance, one remittance was made through Standard Chartered Bank, New York, to a Dubai based bank for USD 5,00,000 which was blocked immediately and was returned to City Union Bank, it said.

Chennai-based City Union Bank said the transfers had been made through correspondent banks even though it had not requested the transfers.

A second transfer of 300,000 euros (USD 372,150) was routed through a Standard Chartered Bank account in Frankfurt to a Turkish account, while a third totalling USD 1 million was sent through a Bank of America account in New York to a China-based bank.

The bank said it was working with the Ministry of External Affairs and officials in Turkey and China to repatriate the funds.

"With the help of Ministry of External Affairs through Consulate General of Shanghai and Istanbul and office of the National Cyber Security Council (PMO) all possible efforts through diplomatic and legal channels are being taken to repatriate the money," it said.

The recent episode raises question mark on the efficiency of the SWIFT network as how secure it is.

The PNB fraud pertains to issuance of fake Letters of Understanding (LoUs) to companies associated with billionaire jeweller Nirav Modi by errant PNB employees which enabled these companies to raise buyers credit from international branches of other Indian lenders.

Last week, PNB had lodged an FIR with CBI stating that fraudulent LoUs worth Rs 280.7 crore were first issued on January 16. At the time, PNB had said it was digging into records to examine the magnitude of the fraud.

In the complaint, PNB had named three diamond firms -- Diamonds R Us, Solar Exports and Stellar Diamonds -- saying they had approached it on January 16 with a request for buyers credit for making payment to overseas suppliers.

The bank sought 100 per cent cash margins for issuing LoUs for raising buyers credit, which was contested by the firms saying they had availed of the facility from as early as 2010.

Nirav Modi, his wife Ami, brother Nishal and uncle Mehul Choksi are partners in Diamonds R US, Solar Exports and Stellar Diamonds, which have shops in foreign locations such as Hong Kong, Dubai, and New York.

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Re: The Great Indian Political Drama - Oct 2017

Post by JohnTitor » Sun Feb 18, 2018 5:06 am

What a joke. Sure the whole thing was orchestrated by the congoons but to suggest that auditors and the RBI were unaware, what to speak of the banks board, of it all is to take everyone for fools. It’s also very difficult to believe that Jetli was ignorant of the whole thing. Such large scale corruption cannot be kept under wraps by a lone clerk. If they didn’t then they all need to be fired and the whole system reorganised. Either way they need to go, but this is India and nothing will happen.

The government needs to get out of banking just as it needs to out of various non-strategic industries. Perhaps SBI can be retained but with a restriction on just retail and SME business dealings only.

Rahul M
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Re: The Great Indian Political Drama - Oct 2017

Post by Rahul M » Sun Feb 18, 2018 6:36 am

Indrad wrote:
Sat Feb 17, 2018 6:08 pm
Rahul M wrote:
Sat Feb 17, 2018 4:13 pm
Trilobite wrote:
Sat Feb 17, 2018 8:46 am
I am skeptical about the claim of Rs 5,500 crore worth of diamonds being seized.
Hello Dhruv Rathee !
who is Dhruv: another Modi baiter?
he is basically regurgitating the points and arguments of a popular AAPi youtuber/twitterer of that name.

MehtaRahulC
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Re: The Great Indian Political Drama - Oct 2017

Post by MehtaRahulC » Sun Feb 18, 2018 7:30 am

Hello Dhruv Rathee !
who is Dhruv: another Modi baiter?
DR is AAPian, with YouTube channel over 400,000 subscribers. He makes vidoes on political news/views. His news/views videos are watched by lakhs.

Dhruv Rathee has mastered the RSS-way of talking ONLY about problems, blaming leader, never talk about solution and somehow create a view that ArKe will solve the problems !!! I mean --- RSS-workers for years and years did same - only curse congress, blame SoGa/congress for all problems and magically put a view that "Modiji will solve all problems, ek hi vikalp Modiji " etc etc

His vidoes look more like Modiji's man kee baat --- full of stories and sweet sentences -, but completely void of substance , no talk about serious problems and nothing about any solution

He is a psuedo-liberal and like all pusedo-liberals do, he supported Padmavati movie, opposed Jallikatju, called Ram Rahim a criminal/rapist and so on. He has huge respect for Supreme judges !!! I dismiss DR as a crook - just like any congress/rss/aap worker. But he does have influence over youth. He will encash his influence during elections.

=========

Most auditors are corrupt. The non-corrupt CA are given branches which are 100% honest. And Chairman know which branches do ghapala. These branches are given to corrupt auditors. My cousin CA, who is honest, told me that fees for OVER LOOKING is 10 times the fees for checking seriously !!

Private banks have more scams. But they are good at passing scams to PSUs. eg Mallaya had taken loans from private banks. The private bank owners managed to ensure that SBI gives more loans to Mallaya and repays the private banks' loans.

=============
The government needs to get out of banking just as it needs to out of various non-strategic industries. Perhaps SBI can be retained but with a restriction on just retail and SME business dealings only.
I agree. All PSU banks should be merged with SBI. And then SBI should confine fund storage, fund transfer and safe banking like student loans, ONE home loan per person, vehicle loans, medical loans, loaning to govt/PSU. Now it is important to note that SoMoKe oppose such safe banking or "narrow banking" proposals. And so do congress/rss/aap workers. SoMoKe / CoRaAp want PSU bank to get into all sort of risky businesses so that money can be siphoned out

Deans
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Re: The Great Indian Political Drama - Oct 2017

Post by Deans » Sun Feb 18, 2018 7:34 am

A lot of the Rs 5500 odd crore seized will probably be rough diamonds, or diamonds that have not been paid for. Seizing them might cripple the whole diamond trading system. I doubt NiMo's assets were anywhere close to that figure.

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Re: The Great Indian Political Drama - Oct 2017

Post by Muns » Sun Feb 18, 2018 8:01 am

Folks, we’ve produced two brief interviews of Kashmiri Pandits reliving their memories of the valley to bring attention to their plight again. Trying to highlight here the thirst for blood by the Arabized valley against Pandits on that fateful day of Jan 19 1990. Also trying to highlight how numerous govts have promised resettlement but nothing so far as yet.

Sainik colony is really going nowhere. In any case, please view, Like, Subscribe and Share. I am hopeful that we will be able to bring more videos next month if our Journalist manages to make it to the valley. Take a look at other videos as well.

Also any feedback please let me know to improve things, by using the contact link on the page or message me here.

Thank you again.

Forgotten Promises, Exiled Kashmir Pandits relive their flight from the valley. Part 1

https://www.youtube.com/watch?v=octUCDz3zbY&t=494s

Forgotten Promises, Exiled Kashmir Pandits relive their flight from the valley. Part 2

https://www.youtube.com/watch?v=4lqJcmc5TCE&t=26s

Channel ;

https://m.youtube.com/c/indiaaware

http://www.india-aware.com

chetak
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Re: The Great Indian Political Drama - Oct 2017

Post by chetak » Sun Feb 18, 2018 10:03 am

obviously, after horizontal lungi dance in forbidden territory, the poor neglected wife would be entitled to some recompense in the form of a little retail therapy, no??


Revealed: 6 items worth crores purchased from Nirav stores by Abhishek Singhvi's wife #CongNiravDiary

https://twitter.com/TimesNow/status/964889523149615104

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Re: The Great Indian Political Drama - Oct 2017

Post by Trilobite » Sun Feb 18, 2018 3:10 pm

Rahul M wrote:
Sat Feb 17, 2018 4:13 pm
Trilobite wrote:
Sat Feb 17, 2018 8:46 am
I am skeptical about the claim of Rs 5,500 crore worth of diamonds being seized. How were they able to ascertain the value while they were seizing it? Lot of these diamonds may simply be fake, may be cubic zirconia. One of the whistleblower who worked for Mehul Choksi company, said that accounting was 10 times overinflated. A group of employees turned whistleblower around 2015 and they ran from pillar to post but to no avail. In the meantime they received all kinds of threats etc.
Hello Dhruv Rathee !
???? :roll:

Trilobite
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Re: The Great Indian Political Drama - Oct 2017

Post by Trilobite » Sun Feb 18, 2018 3:11 pm

Rahul M wrote:
Sun Feb 18, 2018 6:36 am
Indrad wrote:
Sat Feb 17, 2018 6:08 pm
Rahul M wrote:
Sat Feb 17, 2018 4:13 pm


Hello Dhruv Rathee !
who is Dhruv: another Modi baiter?
he is basically regurgitating the points and arguments of a popular AAPi youtuber/twitterer of that name.
That is nonsensical categorization, I post what my personal views on issues.
Last edited by Trilobite on Sun Feb 18, 2018 3:15 pm, edited 1 time in total.

MehtaRahulC
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Re: The Great Indian Political Drama - Oct 2017

Post by MehtaRahulC » Sun Feb 18, 2018 3:14 pm

Looks like for some rakshaks, saving NaMo is more important than finding NiMo or punishing NiMo !!

What is NiMo or Mallya or Jatin Mehta or lalit Modi etc come to India, and give a statement that he had nexuses with RaGa /NaMo ? Even if statement is false, what would be damage done to NaMo / RaGa ? And what is the statement is true? Then what will be damage?

The max punishment is 7 years in prison. And the money NiMo or Mallaya or Jatin Mehta or Lalit Modi can make by making a mere statement against political apex leaders inside court or outside court is worth a tonne of gold !!!

Interesting days coming ....

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Re: The Great Indian Political Drama - Oct 2017

Post by srikumar » Sun Feb 18, 2018 3:17 pm

Trilobite wrote:
Sun Feb 18, 2018 3:11 pm
Rahul M wrote:
Sun Feb 18, 2018 6:36 am
Indrad wrote:
Sat Feb 17, 2018 6:08 pm

who is Dhruv: another Modi baiter?
he is basically regurgitating the points and arguments of a popular AAPi youtuber/twitterer of that name.
I post what my personal views on issues.
Including lokpaal I presume; but yes, I'll say you are subtle.

AbhishekC
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Re: The Great Indian Political Drama - Oct 2017

Post by AbhishekC » Sun Feb 18, 2018 3:22 pm

MehtaRahulC wrote:
Sun Feb 18, 2018 3:14 pm
Looks like for some rakshaks, saving NaMo is more important than finding NiMo or punishing NiMo !!
I agree.

Many people are so brainwashed by the incessant propaganda, that they actually place higher importance to re-electing Modi than protecting India from foreign parasites.

I would call such people traitors to India.

-------

All politicians, including your favourite one, are our servants. And like servants, they need to be told from time to time who is boss. Modi is far overdue his last lesson in knowing who his bosses are.

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Re: The Great Indian Political Drama - Oct 2017

Post by abhijit » Sun Feb 18, 2018 3:53 pm

Any news on Tripura?

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