Youngest PMs: One was pilot and another is ex-engine driver

Both PMs fell in love with ex-waitresses and were married

Stanislav Gross is the pin-up Czech Prime Minister, at 35 the youngest premier in Europe. She, a waitress he met in the parliamentary canteen. They fell in love and were married.

Both PMs and their wives’ inolvement in the scams

Now Stanislav Gross and his wife Sarka Grossova are mired in financial scandals, involving shady loans and a brothel that have stunned the country and brought the government to the brink of collapse

Quattrocchi is a relative of Sonia Maino. So he entered into 10 Janpath to execute Bofors Scandal for his boss dynasty. He went to Italy to save the skin of the members of the dynasty with the help of the dynasty members. Few months back his London Bank accounts related to Bofors kick backs have been released with the help of Indian government. He was caught in Argentina but get freedom due to the CBI of Indian Government. This is secular non-violent freedom fight flight, which even reached in UNO on Oct 2 to teach the gandhigiri. After ‘lage raho munna bhai’ next would be opposite to munna bhai! There is long list of scams of dynasty.  

Youngest Czech Prime Minister Stanislav Gross briefly worked for the state railways company as an engine-driver trainee. In this way One PM was ex-pilot and another PM is ex-Railway engine driver.

 

Both are called youngest Prime Ministers

 

Rajiv Gandhi was the youngest Prime Minister of India. He became Prime Minister at the age of 40. . Czech Prime Minister Stanislav Gross served at the age of 35 as youngest prime minister of the Czech Republic (2004 – 2005).

 

Czech PM fell in love with a waitress of the cafe

 

The unlikely breakthrough for Grossov came when she became waitress in the parliamentary canteen. It was here that she met the up-and-coming Deputy Stanislav Gross, who used to stop by her cafeteria often for a cup of coffee. The two were attracted to each other, and the relationship led to a wedding in 1996.

 

Beginning of Ex-waitress Sonia Gandhi’s love affair

 

A news story of Glen Owen and Nick Meno, was published in the Time London on May 17, 2004. According to that the beginning of the entrance of Sonia Gandhi in 10 Janpath was from a Greek restaurant. I referred this in my article of today Nov 1, 2012 titled “Digvijay on Ambani: Petrol-pump attendant vs. Hotel Waitress” 



Digvijay on Ambani: Petrol-pump attendant vs. Hotel Waitress

Digvijay Singh said he read in newspapers that Anil Ambani reportedly compared Chouhan to his father.

“For me, such a statement is nothing but shameful,” he said, adding there was no way Chouhan could be compared to Dhirubhai Ambani, who started out as a petrol-pump attendant and went on to become the country’s biggest industrialist.

The ADAG chairman Anil Ambani made the statement only because he wanted to exploit the natural resources of Madhya Pradesh for his business interests, Singh alleged.

Does Digvijay Singh feel shame to know that Sonia Jee was hotel waitress?Now Sonia Gandhi is wealthier than three time premier of Italy Berlusconi. 

 

 

A news story of Glen Owen and Nick Meno, was published in the Time London on May 17, 2004. According to that the beginning of the entrance of Sonia Gandhi in 10 Janpath was from a Greek restaurant where she was waitress. 

 

 

 “Mrs Gandhi was 18-year-old student at a small language college in Cambridge in 1965, making ends meet by working as a waitress in the Varsity restaurant, when she met a handsome young engineering student.”

 

“As our eyes met for the first time, I could feel my heart pounding . . . as far as I was concerned, it was love at first sight,” she wrote later in a rare moment of self-revelation, the paper said. “I had a vague idea that India existed somewhere in the world with its snakes, elephants and jungles, but exactly where it was and what it was really all about, I was not sure.

 

She later told her family: “I’ve fallen in love with an Indian. He is a sportsman. He’s the blue prince I always dreamt of.”

Three years later, Sonia Maino, the daughter of a modest Roman Catholic family from Orbassano, near Turin, married Rajiv Gandhi , who went on to become India’s prime minister two decades later.

In 1965, Sonia Maino was briefly a student at the Bell School of Languages. It is understood that she studied for the Cambridge diploma, a now defunct six-week course in English literature and language for overseas students, the paper said.

 

‘The young Miss Maino took work babysitting and as a waitress at the Greek restaurant and found life in the University City quite different from small-town Piedmont.  She was eating at the restaurant one evening when Gandhi – whose place at Trinity College had been achieved through family connections with the Master, Lord Butler of Saffron Walden – slipped into the chair beside her,’ said the article.

But her time in Cambridge also created some political difficulties for Mrs Gandhi.  Her entry in the Indian parliamentaryWho’s who contains the false claim that she was a Cambridge University scholar, an “error” repeated frequently in the media. Cambridge has confirmed that it has no record of her attending the university, the Times said.

 

Former defence minister George Fernandes accuses Mrs Gandhi of allowing the confusion to arise.  “Cambridge does not have a diploma course in English,” and the incorrect biography showed that Mrs Gandhi was “a woman who lies about even small things,” he said.

Mrs Gandhi’s supporters dismiss the controversy saying the Who’s Who entry was either an editorial error or just a “thoughtless mistake,” and say that she is being singled out for vitriol because of her foreign origins, Catholic religion and gender, said theTimes.


‘Coaxed out of her reclusive lifestyle to save the Congress movement, Mrs Gandhi, 57, now finds herself on the brink of power. She will become the fourth Gandhi to hold power in India and the first European to rule since Lord Mountbatten of Burma. It has been a long journey from the days when she was a carefree teenager who once shocked India by wearing a miniskirt. Today,  she regards herself as “completely Indian,” ‘ said the Times. 

 

 

Kejriwal should imbibe the concentration of Arjun of Mahabharat

Kejriwal should adopt the concentration of Arjun of Mahabharat

 

To make allegation is good but to be success in getting the positive result is necessary for gaining the confidence of people and getting the certificate from the people. People want to see this type of certificates in the hands of Anna Hazare, former Army Chief V K Singh, Baba Ramdev, Kejriwal and opposition parties including BJP. All should come with clean image and avoid fighting each other. Steel can cut steel but corruption can’t cut corruption.  

 

 

Secondly Robin Hood is a heroic outlaw in English folklore, a highly skilled archer and swordsman. Although not part of his original character, since the beginning of the 19th century he has become known for “robbing from the rich and giving to the poor”, assisted by a group of fellow outlaws known as his “Merry Men”. Traditionally, Robin Hood and his men are depicted wearing Lincoln green clothes. The origin of the legend is claimed by some to have stemmed from actual outlaws, or from ballads or tales of outlaws. Robin Hood became a popular folk figure in the medieval period continuing through to modern literature, films and television. In the earliest sources, Robin Hood is a yeoman, but he was often later portrayed as an aristocrat wrongfully dispossessed of his lands and made into an outlaw by an unscrupulous sheriff. This should not be the result or end of the noble movement started by Baba Ramdev, Kejriwal and others.

 

 

Common people who had no interest in the politics tried to awaken other common people about the Anti-Corruption movement of Anna Hazare and Baba Ramdev. People hoped that positive change would be possible in the politics. But Kejriwal‘s separating from the movement of Anna Hazare and dreaming of forming newly political party poured the water on the People’s hope.I have already said this in my previous article: Kalidas: Cutting the tree of Anti-Corruption Noble Movement.  His all out attack including on Nitin Gadkari, Salman Khurshid and others becomes the pollution for healthy political environment and oxygen for the corrupt political family rule. 

http://www.newsanalysisindia.com/post/Kalidas-Cutting-the-tree-of-Anti-Corruption-Noble-Movement.aspx

Outlook reports referring to Kamal Sandesh “BJP, India Against Corruption in War of Words Over Funds”.

It will be better if kejriwal and BJP both concentrate their strength attacking national son in law and mother in law instead of wasting their strength in bull fighting each other to facilitate mother in law and son in law for doing corruption more and more without hault. 

 

Focus on one issue instead of targeting a neta every week: Anna has  already advised to Kejriwal 

 

Kejriwal targets Mukesh Ambani, says will expose industrialist-politician nexus

Activist-turned politician Arvind Kejriwal, who has attacked Congress president Sonia Gandhi’s son-in-law Robert Vadra for his alleged business links with DLF and BJP chief Nitin Gadkari over the issue of corruption, on Wednesday targetted Mukesh Ambani for alleged business links with both the Congress and the BJP but he said nothing against the National Congress Party of Sharad Pawar.

 

Kejriwal also questioned Reliance Industries chief Mukesh Ambani for his role in influencing Congress party’s decisions. Kejriwal said: “Will expose industrialist-politician nexus.” Congress Minister Jaipal Readdy has already showed his angle aftrer the resuhffle of his cabinet by Prime Minister Manmohan Singh to say that his ministerial portfolio is changed due to the pressure of Ambani group.http://www.newsanalysisindia.com/post/Prime-Minister-forgot-to-include-Vadras-in-reshuffle.aspx

 

Prashant Bhushan on Wednesday said that the Wednesday’s expose is based on the Niira Radia tapes.

Earlier, Kejriwal had also dared Prime Minister Manmohan Singh, Sonia Gandhi and Rahul Gandhi for a public debate and said India Against Corruption will answer questions raised against it only after Congress leadership and Robert Vadra come clean on charges of corruption. He said the leadership did not answer questions on Vadra or Lokpal and he wants Singh to get the answers from the Prime Minister, Vadra and Haryana chief minister Bhupinder Singh Hooda.

 

Strength of Veer Arjun of Mahabharat  and Prithviraj Chauhan lay in his extraordinary levels of concentration. In a famous incident under Drona’s tutelage, Drona deemed none of his students other than Arjuna had the steadfast focus to shoot a bird on a tree and was proved right by Arjuna of Mahabharat. Arjuna of Mahabharat was the only one to shoot the arrows to break a fish doll, as demanded by the Panchala King Draupada. 

http://www.newsanalysisindia.com/post/Govt-of-Dumb-Doll-for-Reservation.aspx

 

 

Natural storm in U S vs DLF-Vadra-Hooda made disaster

The Associated Press:Nature is an awful lot more powerful than we are.” said by New York City Mayor Michael Bloomberg, assessing the damage to his city New York by natural storm.

Here in India Cyclonic storm Nilam has moved to320 km just SouthSouth West of Chennai.

 

But DLF-Vadra-Hooda ‘man made’ disaster is more dangerous than the above two latest natural disasters. And ‘Mauni baba Manmohan Singh is silent  [as there was silence no probe on the assassination of Lal Bahadur Shastri] to  think that Mother in law and national son in law are powerful than the people of India as in the East India Company period. 

 

Like many Jersey Shore towns, Cape May is no stranger to hurricanes and devastating storms. 
Over its 200-year history, huge swaths of the town’s beachfront and boardwalk have been wiped out by storms or fires and rebuilt time after time. In 1944, the Great Atlantic Hurricane swept away the south end of the town. So the city faces bravely this natural disaster also. 

We are a nation with no memory-Okay. Shard Pawar forgot the issue of foreign origin: Okay. Rober Vadra is the National son-in-law, this is also Okay. Sonia Gandhi before her marriage thought that India was a country of snakes, tigers and elephants.Vadra, we forgot this- Okay. Now five days before Sonia Gandhi’s son-in- law Robert Vadra called us “Mango people in a banana country”- this is also Okay. Now Congress is being converted into East India Company: Should it also be said: Okay?

On oct 30, 2012, Speaking on the issue of land acquisition, the former Army chief V K Singh said that the government had no compunction about selling even cultivable land to corporate after acquiring it from farmers. “The land that should naturally belong to the people of the country is being distributed among private companies” V K Singh said.

 

People are feeling oppressed due to these policies. MPs too have stopped raising the issue of ownership of water, forest and land in parliament. It is not necessary to determine who own the forest, water, minerals and land of this country?

 

Anna Hazare slammed the central investigation agency, the CBI, and reiterated the need for stronger laws: “People earn money for seven generations and go to jail for a few months. We need stronger laws to deter people,” 

 

In the 23 years preceding Haryana Chief Minister Hooda’s rise to power, successive Chief Ministers granted licenses for a total of just 8,550.32 acres. But during the seven-and-a-half years he has been Chief Minister, licences for the development of a staggering 20,549.63 acres of land have been granted — an increase of nearly 150 per cent.

Haryana Chief Minister Hooda has already come under media scrutiny following his decision to transfer IAS whistleblower Ashok Khemka from the State’s land registration office shortly after he began a probe into alleged irregularities in property dealings involving real estate major DLF and Mr. Vadra.

Of the total 20,549.63 acres that were licensed, 7,733.68 acres were in Gurgaon, 2,266.91 acres in Faridabad and 10,569.37 acres in the rest of Haryana. Commercial land use accounted for 984.83 acres, group housing 5,867.99 acres, and plots 13,303.51 acres. Surprisingly, Information Technology projects accounted for a mere 409.21 acres.

Before Satyanand Yajee and Sandeep Dahiya a close relative of Haryana Chief Minister Hooda was joined Onkareshwar Properties in the same day of 2008, the company was owned by Anil Bhalla and Gautam Bhalla of the Vatika group (in the photo below). In 2005, they bought the company, incorporated by Pardeep and Govind Kumar in 2004, with capital of Rs 100,000.

Who will make enquiry against the nexus between Sandeep yajee, Bhallas of Vatika and Haryana Chief Minister Hooda when Congress Chief Minister Hooda and in the centre Mother in law of national son –in-law themselves leading the corporate kleptocracy through ‘Us Hilton hotel group-DLF-Vadra with the help of Hooda? 

 

On May 12, 1981, on a half after noon at Gurgaon, then a wilderness, with just two keekar trees for shade and a deep well to quench his thirst, Khushal Pal Singh had been sitting all by himself on a cot next to the well nurturing hopes of getting back into township development, when a jeep stops as its engine had got overheated and the driver was looking for some water to cool it. In the jeep was Rajiv Gandhi, who had just entered politics and had big dreams to fast track India to the 21st century. The two men got chatting under the trees and became friend. That enabled K.P. Singh to secure licences and permissions to re-classify his agricultural holdings as non-agricultural and develop them. After Rajiv Gandhi now the same is doing by congress led governments of Rajasthan, Haryana and Punjab for Vadra, the national son in law after getting the blessing of the mother in law.

Corrupt lobbyists: India is beyond the crossroads that would have led to either more greatness or disaster. Our politicians continue to select the road to corruption and ruin the people to destroy their wishes as we see in the allegations of Anna Hazare, Baba Ramdev, Kejriwal and V K Singh. K N Singh said himself that he executed lobby for DLF at the time of Rajiv Gandhi’s premiership.

Book: “Corporate Kleptocracy: US Hilton hotel group-DLF-Vadra’ 

 

Comment for publication may be sent at: premendraagrawal@gmail.com

 

Legalized theft of corporate kleptocrats

In the continuation of my previous article of Oct 28, 2012 titled ‘DLF-Vadra: Corruption on the record via Political Freedom fighters’  I am placing following example of Marvel8ed to understand legalized theft of corporate kleptocrats. This becomes possible due to the nexus between Onkareshwar Properties and Vadra’s Sky lights.

 

Before Satyanand Yajee and Sandeep Dahiya a close relative of Haryana Chief Minister Hooda was joined Onkareshwar Properties in the same day of 2008, the company was owned by Anil Bhalla and Gautam Bhalla of the Vatika group (in the photo below). In 2005, they bought the company, incorporated by Pardeep and Govind Kumar in 2004, with capital of Rs 100,000.

Some Facts about Onkareshwar Properties:

2004 Onkareshwar Properties incorporated with paid-up capital of Rs 1 lakh

2005 Anil Bhalla and Gautam Bhalla, father-son duo of Vatika Group, buy 5,000 shares each for a total consideration of Rs 1 lakh

2006 Current assets rise to Rs 2.6 crore, funded by short-term debt; books Rs 77,949 profit for FY06

Feb 18, 2008 Satyanand Yajee & Sandeep Dahiya become directors

Feb 19, 2008 Files FY07 balance sheet, showing current assets zoomed nine times to Rs 20.9 crore in one year, backed by loans

Mar 25, 2008 240,000 fresh shares of Rs 10 each allotted to Mr. Satyanand Yajjee

Dec 5, 2008 Files FY08 balance sheet, showing sundry debtor rose to Rs 7.95 crore from zero the previous year; current liabilities rise dramatically to Rs 87 crore.

Oct 2009 Finanical Year 2009 balance sheet shows that the company earned profits of Rs 43 crore. The Rs 7.95-crore sundry debtor not mentioned, which implies it was settled. Company is sitting on Rs 34 crore cash and has given Rs 12.5 crore as advances to other.

Media correspondent has the RoC record which shows the entry of Rs 7.944 crore book overdrafts entered in Sky Light’s books. The land price was Rs 7.5 crore, and the balance Rs 45 lakh could have been registration and stamp duty costs. At present Onkareshwar properties is owned by two individuals – Satyanand Yajee and Godavari Yajee.

 

Corporation Bank Chairman and Managing Director Ajai Kumar on Oct 18, 2012 in Ahmadabad said no funds by way of loan or overdraft has been given to Robert Vadra, son-in-law of UPA Chairperson and Congress President Sonia Gandhi.

 

Replying to a question as to whether the public sector bank had given over Rs 7.5 crore to Vadra, who is currently embroiled in a controversy over a real estate deal with housing major DLF Group in Haryana, he reiterated the bank’s position: “We have already denied it. There is nothing new to add. We don’t have any documents whatsoever to comment on this issue.”

 

Satyanand Yajee, who lives in Freedom Fighters Colony in South Delhi’s Neb Sarai, is listed as the General Secretary of the Freedom Fighters’ body on its website. Father of the Satyanand Yazee and the father of Haryana Chief Minister Hooda were jointly active in the politics and were running Freedom Fighters Association which in now in the hands of heirs of both families Hooda and Yazee.

 

This is the reason Hooda has given clean chit to the unethical or illegal if investigation gone the transaction made between Vadra’s Sky lights and Onkareshwar Properties.

 

In this way first entry of Vadra in the real estate is unethical or illegal with the help of DLF and Hooda and  this is against the interest of the India if not the Italy.

 

Simple Mechanics of Legalized Theft:

 

Company A is sound financially, has a great future, employees 1,000 workers who are happy with their careers, has no debt, and great income. It is valued, by the worth of the stock it has issued, at $100 Million. The kleptocrats — er, Corporate Raiders, see Company A as a company that is “Worth more than the value of its stock.” This is code for “Can be hyped and sold to the gullible for more than it is worth.” But we’ll get to that soon.

 

 The Corporate Raiders prepare for a takeover of Company A. Their first step is to borrow 75 percent of the money they need for the takeover, and use 25 percent of their own money. That’s right, they use borrowed money to buy it, often at a leverage ratio of 3 to 1 or higher. They offer above-market stock buyouts and pay somewhere around $60 Million to gain control of the company. Recall that once they have 51 percent of the stock, they have voting control. So they don’t even have to buy the company, just a bit over half of it.

 

 Let’s do the math so far. The fair market value of the company, as determined by its stock is $100 Million. The Corporate Raiders gain 51 percent control of it; for some price around $60 Million, perhaps a bit less. They bought control using one-quarter their own money and three-quarters debt, so they got control of the company for about $15 Million of their own money! How would you like to fully control a $100 Million company for a measly $15 Million, or buy controlling interest of Microsoft for 25 cents on the dollar? Do you smell the rat yet?

 

Raiders, once successful, now have control of a company that was worth $100 Million and had no debt. But now it is worth $100 Million and has debt of $45 Million. That’s right, once they have control, the company assumes the debt with which they gained control of it. In effect, the law allows the raiders to force the company to pay for most of its own buyout. Its all perfectly legal. But is it good for the nation? We’ll soon see.

 

 The Raiders are looking to raise the value of the stock. They do this by cutting the number of employees to the bone. Lower payroll costs are reflected — in the short term — as much greater profits. The stock value rises 50 percent, on the hype of a more efficient company with higher profits. But it isn’t more efficient, it just seems so because the balance sheet has far less labor expenses. So the company is now valued at $150 million. But the company is in trouble because most of its skilled workers and middle management have been fired. It is just a shell game, not a good investment. Nonetheless, the Raiders sell Company A for $150 Million to a competitor company who is all too glad to take over their competition. (Yes, dear reader, takeovers are anti-competetive, and tend towards monopolies.)

 

 Now, the Raiders have their half (51 percent) of a $50 Million profit from the sale. For their original personal investment of $15 Million, they now have their investment back, and a tidy $25 Million profit — and they leave the $45 Million of debt with the company. How would you like to be able to offload your personal debt this way, and while putting your debt on the back of someone else also make 156 percent profit in 18 months to 2 years? Neat huh? (Warning: If you did this in your personal or business affairs, they’d jail you. But it is perfectly legal for the corporate raiders.

 

What is Company A’s position now? It has $45 Million of debt that has to be serviced, deeply cutting profits, a destroyed talent infrastructure — because so many talented workers and experienced middle managers were fired to make the profits look good, and a new owner who is interested in little more than ridding itself of pesky competition. To make matters worse, investors soon learn that the company is not able to maintian the high level of profit it showed for the short while when labor expenses were way down, and inventory was being depleated. So, the stock value tumbles, and the total company value is recalculated to about $75 Million; its old value minus the stolen $25 Million. In short order, Company A goes bankrupt. It simply could not make a profit after it serviced the debt that was foisted on it during the takeover. Neat how the Raiders, offloaded their personal debt to the Company. Wouldn’t you like to be able to do that too?

 

 And what about the workers? All 1,000 of them are looking for new jobs. They take a terrible economic hit. And our government (which means you and me as taxpayers) picks up the tab for their unemployment and for retraining them. And the government loses all the tax income from this company and these 1,000 employee. The tax income from the company is gone forever, and from the 1,000 employees for a period of about 3 years, and most of them never again make as much as they did before.

 

 And our government pretends that this is good business practice, and perfectly good for the nation, when it really is a matter of government authorized theft and government authorized destruction of perfectly viable companies. Makes one wonder who is buying our leaders’ silence?

——

And some economists continue to praise corporate takeovers. To me, they are either shills, knowingly lying; or they are ideologues who believe their errors despite what the data shows. As for me, I don’t really care if they are dishonest or just stupid. All that matters to a scientist is whether something is fact or error. And they make grevious errors. So let our politicians and our news media debate their dishonesty or stupidity. For me, they are just wrong.

 

 Can this disastrous destruction of American companies be stopped? Sure. 1.) Simply forbid the use of borrowed money (leverage) for corporate takeovers. 2.) Insist that no debt of the Corporate Raiders can be assigned to the company’s books. Whatever debt they incur in a takeover must remain on their own books. If the Raiders have to spend their own money, the profit incentive goes way down, by factors, not simple percentages. 3.) Third, no reselling of the company for 10 years. You do a takeover, you’re in it for a decade. These are reasonable protections of people’s jobs and of good companies from the kleptocrats of our society.

 

 

 

 

 

 

 

 

“Inside Job”: DLF-Vadra has made India a Kleptocracy

‘Us Hilton hotel group-DLF-Vadra’ shows how the real estate construction corporate preys on Indians like wolves prey on sheep. They have placed their persons in the 10 Jan path, PMO and even in the offices of political parties and there is nothing to stop them. “The corrupt deals as DLF-Vadra are a flock of sheep and we are their wolves. And you know what happens when the wolves get hold of the flock?” The real estate construction corporate is out to steal our money, and enslave us to ensure we never rebel.

 

‘Us Hilton hotel group-DLF-Vadra’ shows how Illuminati ruling family members and their loyalists made millions by creating unethical illegal transparent corrupt deals and even they dare to these deals in the company records. All ministers, Prime Minister, Chairperson of UPA, stalwarts of Congress Party become dumb and blind to say that the deals are on company record and related to the private persons, so these corrupt unethical anti-shareholders deals do not come in the jurisdiction of the government.

 

The foxes are minding the henhouse. Robert Vadra has made billions from few lakhs rupees within four years for not doing any business but doing only paper work with DLF with the help of Chief Ministers of Congress ruled states Rajasthan, Delhi and Haryana.

 

We the people of India can be divided into two classes: the wolves and the sheep. The vast majority are the sheep who get fleeced.  Apart from the real estate construction corporate themselves, there is a whole class of regulators, journalists, academics, professionals and political leaders who get rich by obscuring the fraud. This delights in showing the lame excuses of the “ruling class.”

 

The politicians are the biggest whores. Becoming of Vadra, the national son-in-law and K N Singh, made in Rajiv Gandhi  P Singh are the main reasons behind the transparent on the record good corruption of DLF-Vadra. Prime Minister Manmohan Singh has done nothing to bring the Us Hilton hotel-DLF-Vadra deals to justice or prevent a future meltdown.

 

Yes, a small number of honest courageous people India against Corruption activist Kejriwal, IAS officer Khemka, Anna Hazare and Baba Ravdev tried in vain to warn the public and prevent the catastrophe. They were ignored, overruled, blackmailed. Even death threat is given to them.

 

“Inside Job” as DLF-Vadra deals makes it clear that true democratic change is not possible in India. Elections are a charade designed to legitimize the Kleptocracy, as we see corrupt leaders are roaring in the assembly election campaign. Sonia Gandhi says she and her government is the biggest champion in preventing corruption. Corruption is being fought by corruption to think that steel cut steel.

 

But as long as the sheep want to be wolves, and hope to escape or profit personally, the Kleptocracy will continue.

 

Some sheep are waking up. Majority of Indian voters is dissatisfied with the performance of Manmohan Singh and Congress of Gandhi family, an all-time low. And majority of literate will not vote.

 

For the price of a few fighter jets, election campaigns could be publicly-financed and the US would be a real democracy.

In fact, “democracy” is a sham which enables the Kleptocracy. People are unable to see the alternate so in the name of democracy political dynasties in the centre as well as in the states do not feel shame to show kleptocracy- sing.

 

Book: “Corporate Kleptocracy: US Hilton hotel group-DLF-Vadra’ 

 

Comment for publication may be sent at: premendraagrawal@gmail.com

 

,

Skandia Scandal vs. US Hilton hotel group-DLF-Vadra

Scandinavian businesses have traditionally upheld reputations for maintaining the highest ethical standards. Scandinavian firms have generally avoided the appearance of greed and attempted to conduct their affairs by consensus. Skandia, Sweden’s largest insurance company and a world leader in providing variable annuities and other savings products shook this reputation in 2003 when three of its top executives came under investigation for misusing corporate assets. In India Sweden is famous for Indian’s Swiss bank A/c as related to bofors.

http://www.newsanalysisindia.com/post/Rajiv-Gandhis-dream-is-shaped-by-his-son-in-law-Vadra.aspx

 

However, the scope causes and consequences of this scandal were different from those of the Parmalat disaster.

http://www.newsanalysisindia.com/post/DLF-Vadra-and-their-defenders-with-cooked-books.aspx

 

First, the offending executives never exerted absolute control over their employers as Tanzi did at Parmalat. Former CEO Lars-Eric Petersson, former CFO Ulf Spång and Ola Ramstedt, the former head of Skandia Liv, Skandia’s life insurance subsidiary, were all fired in 2003 before or as the scandals emerged. Later, former Chairman of the Board Lars Ramqvist and then his successor Bengt Braun resigned after accusations of having failed to provide proper oversight of their executives, though neither appeared to have participated in unethical or illegal activities themselves.

 

Opposite to the above DLF chairperson K N Singh and other directors try to save DLF-Vadra unethical or illegal deals. Even Independent directors give press statement that never there was any discussion about these transaction on the meeting of Board of directors. 

 

DLF independent directors in the dark over Robert Vadra deals

 

As media reported on Oct 8, 2012, Independent directors of DLF have said the controversial transactions between Robert Vadra and India’s largest realty firm were not discussed by the board and if allegations of easy loans and cheap deals are proved, they should be probed.

 

 “The matter was not flagged off at any board meeting. We have not come across any such instance where favours have been done. It’s not come to our notice. It is not possible to look at each and every sale transaction. But we try to ensure that all transactions are done at market prices,” said KN Memani, an independent director at DLF, and former chairman of Ernst & Young India.

 

 

While both the Skandia and Parmalat scandals seem to have both been driven by executive greed, the Skandia scandal was quite different from the Parmalat debacle. As we noted above, it seems that only three Skandia executives directly benefited from funds misuse. Board members did not participate in the misuse of funds; they seemed to be “asleep at the wheel,” perhaps treating their directorships more like honorary appointments rather than serious positions of responsibility. They certainly did not appear to be thoroughly corrupt or under the absolute control of company managers. In fact, several board members accepted responsibility for allowing the misappropriations on their watch.

 

After the scandal broke, the Board was left sufficiently intact to launch appropriate investigations afterwards. Theft and absolute concentration of power were never pervasive across the top of the hierarchical structure as at Parmalat. The offending Skandia executives still reported to the board, and members of the Board were not complicit in hiding unethical activities. The scale of the Parmalat financial disaster was many times greater than that at Skandia as were the consequences. Ultimately, Skandia’s losses were mainly to its reputation. As crucial as reputation and brand are to a provider of insurance products, Skandia was largely able to recover, though perhaps not entirely on its own.

 

Unfortunately here in the case of US Hilton hotel group-DLF-Vadra the Chairman of the DLF becomes  wealthy due to the friendship of former Prime Minister Rajiv Gandhi and other directors of the company are in his influence so DLF instead of making investigation gives clean chit to the said unethical or illegal deals. The same clean chit is given by the Haryana Chief Minister Hooda because he himself involves with Yazee in this scandal.

 

Rajiv Gandhi helped DLF: Sir I ate your salt……..

http://www.newsanalysisindia.com/post/Rajiv-Gandhi-helped-DLF-Sir-I-ate-your-salt…….aspx

 

 

Book: “Corporate Kleptocracy: US Hilton hotel group-DLF-Vadra’ 

 

Comment for publication may be sent

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Prime Minister forgot to include Vadras in reshuffle?

“It is a combination of youth and experience,” said Prime Minister Manmohan Singh after reshuffling his council of ministers on Oct 28, 2012. The average age of the 17 new ministers is 52.4 years! The reshuffle saw 17 new faces become ministers. Unfortunately Manmohan Singh could not include at present bachelor Rahul Gandhi and Mr. and Mrs Vadra. Dr Singh was referring to the old Bob Dylan number that went somewhat like this.

 

May God bless and keep you always

 May your wishes all come true

 May you always do for others

 And let others do for you

 May you build a ladder to the stars

 And climb on every rung

 May you stay forever young

 Forever young, forever young

 May you stay forever young

Entire Gandhi family including Rahul Gandhi, Priyanka and Robert Vadra are being attacked for tax evasion frauds and the purchase of land by unethical or illegal means. Should they become the ideal for youths?

 

 

Entry into politics and making wealth by unethical or illegal means in India has become like a family owned business where the sons (and now daughters) are destined to takeover irrespective of the fact whether they have the aptitude for the job or not. French puts it best when he says, “If the trend continued, it was possible that most members of the Indian Parliament would be there by heredity alone, and the nation would be back to where it had started before the freedom struggle, with rule by a hereditary monarch and assorted Indian princelings.” This also happens in China’s Prime Minister Wen family. 

 

As reported by ‘Firstpost’, Former Haryana Chief Minister Om Prakash Chautala today accused Rahul Gandhi of tax evasion in land purchase in a village in Palwal district.

“Rahul Gandhi purchased a piece of land measuring around 6.5 acre in Hasanpur village in Palwal district of Haryana in March 2008. He resorted to tax evasion in it. Rahul bought this land at the rate of Rs 1.5 lakh per acre as mentioned in the land registration deed even as its valuation by the government at that time was Rs 8 lakh per acre,” Chautala told a press conference here.

Chautala said the government value of the land given to Gandhi at the rate of Rs 1.5 lakh per acre was Rs 8 lakh per acre while its market value was much more at Rs 35 lakh per acre. In a point by point rebuttal, Gandhi’s office said in Delhi that he had purchased 51 Kanal 13 Marla ( 6.456 acres) of Sailab Land in Hassanpur Village, Tehsil Hodal, District Palwal in Haryana.

“The land was purchased for a total price of Rs 26.47 lakh paid for by cheque, which is the equivalent of Rs 4.10 lakh per acre. The prevailing Collector Rate for Sailab Land in Hassanpur Village, Tehsil Hodal for 2007-08 and as of March 3 2008, and the date of purchase was Rs 1.5 lakh per acre. Gandhi paid stamp duty of six percent amounting to Rs01 lakh 58 thousand 820 on the purchase price of Rs 26.47 lakh at a rate of Rs 4 lakh 10 thousand six per acre (i.e. at over 2.7x the prevailing Collector Rate),” a release by the office of the Congress leader said.

Chautala also claimed that Haryana Chief Minister Bhupinder Singh Hooda’s “benevolence” has helped Robert Vadra purchase properties worth several crores allegedly at “throw away prices” and demanded a probe by a sitting Judge of the Supreme Court.

 

Rahul Gandhi running a fraud company: Subramanian Swamy

 

Janata Party chief Subramanian Swamy on Saturday Oct 27, 2012 accused Congress leader Rahul Gandhi of running a fraud company and of misusing government facilities. Gandhi had owned a company called Back-Ops Private Limited and had indulged in wrong doings to keep it afloat.

 

He claimed that the office of the company was registered at a government bungalow in New Delhi  which had been registered in the names of Gandhi’s sister Priyanka and her husband Robert Vadra.

 

As per the Janata Party chief, Rahul also gave out conflicting turnover statements of the company in the assets declaration form before the last general elections, which put a question mark on the credibility of the company.

 

Swamy claimed that the setting up of a private company in a government residence is illegal.

 

“Number one, he has earned foreign exchange, all the money that he has earned is through foreign exchange. No one is sure whether it is 41,00,000 rupees ($76,271.97) or 41,000 ($762.72) rupees. Secondly, they have shown their registered office as a government lodge. That is illegal,” he said.

 

Swamy said that the company was closed down in a hurry after he had raised the issue in Parliament last year. He said Rahul Gandhi had not mentioned the company in his asset’s declaration before the general elections of 2004 and 2009, and he had nearly 82 percent shares in the company.

 

Swamy demanded that a probe should be initiated into the matter. He said he will write a letter to Corporate Affairs Minister Veerappa Moilyabout this issue.

 

 

Book: “Corporate Kleptocracy: US Hilton hotel group-DLF-Vadra’ 

 

Comment for publication may be sent at: premendraagrawal@gmail.com

 

 

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Should India follow China, blocking of NYT over Wen family wealth?

BBC reports: Lawyers for Chinese Premier Wen Jiabao’s family have rejected New York Times claims that they have amassed “hidden riches” of billions of dollars. 


 

In a statement carried by Hong Kong media, they said that while some of the Wen family was involved in business activities none of it was illegal.

 

 [Should we say the same about US Hilton hotel group-DLF-Vadra deals?]

 

The US newspaperNew York Times NYT reported on Friday that Mr Wen’s family controlled assets worth at least $2.7bn (£1.7bn).

 

New York Times NYT responded to the statement on Sunday, saying it stood by the story.

 

Legal threat is also given by China Government to the New York Times.

 

 

The sites were blocked to the country’s 800 million internet users barely 30 minutes after the story was posted, and in subsequent hours Chinese censors had wiped the Chinese-language internet clean of any traces of the story, blocking a range of search terms, including Mr Wen’s nickname, “Grandpa Wen”; the name of his millionaire jeweller wife, “Zhang Beili”; the name of his mother; and the terms “Prime Minister” and “New York Times”.

 

While there has been no word about the story on Chinese-language websites inside China, the Ministry of Foreign Affairs described the story as a “smear”, in its daily briefing in Beijing.

 

The publisher of the New York Times NYT, Arthur Sulzberger Jr, said: “I’m very proud of this work.”

 

Arthur Sulzberger Jr was quoted on the New York Times’s website as saying: “Our business is to publish great journalism.

 

“Does this have a business impact? Of course”

 

 

Hurry to read-Corporate Kleptocracy: US Hilton group-DLF-Vadra: You tube Video on Vadra banned in India?

 

 

 

How can and under which act my articles be banned? 

[1] ‘Sonia Gandhi is wealthier than three time premier of Italy Berlusconi’ can’t be banned? 

 

 

[2] ‘Good News for Indian Corrupt Political Families’: 

 

Between 18 and 21 August 2012 the Government of India though minister Kapl Sibbal, ordered more than 300 specific URLs blocked. 

 

 

The blocked articles, accounts, groups, and videos were said to contain inflammatory content with fictitious details relating to Assam violence and supposedly promoting the NE exodus. These specific URLs include the domains of Facebook, Twitter, YouTube, BlogSpot, WordPress, Google Plus, Wikipedia, Times of India, and other websites.

 

Many of the blocked URLs are Indian right wing activism against corruption. This raised questions about freedom of speech in the largest democracy of the world. It also raised questions about the censorship of people and posts debunking rumors. The Economic Times called the level of censorship as those “that have not so far been seen in India”. Over four days from 18 August, the Government of India issued directives to Internet Service Providers to block Twitter accounts of two Delhi based journalists – Kanchan Gupta and Shiv Aroor – and Pravin Togadia. The government also blocked the website of Rashtriya Swayamsevak Sangh and several other right-wing websites. In addition, articles from Wikipedia, and news reports of violence in Assam on the websites of The Times of India, Firstpost, The Daily Telegraph and Al-jazeera were blocked. A petition was created to oppose Internet censorship in India by the Indian Diaspora in the US

 

Book: “Corporate Kleptocracy: US Hilton hotel group-DLF-Vadra’ 

 

Comment may be sent at: premendraagrawal@gmail.com

 

 

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DLF-Vadra: Corruption on the record via Political Freedom fighters

RoC records with TIMES NOW vs Corporation bank

 

But the correspondent has the record which shows the entry of Rs 7.944 crore book overdrafts entered in Sky Light’s books. The land price was Rs 7.5 crore, and the balance Rs 45 lakh could have been registration and stamp duty costs. As per RoC records with TIMES NOW , Onkareshwar properties is owned by two individuals – Satyanand Yajee and Godavari Yajee.

 

Corporation Bank Chairman and Managing Director Ajai Kumar on Oct 18, 2012 in Ahmadabad said no funds by way of loan or overdraft has been given to Robert Vadra, son-in-law of UPA Chairperson and Congress President Sonia Gandhi.

 

Replying to a question as to whether the public sector bank had given over Rs 7.5 crore to Vadra, who is currently embroiled in a controversy over a real estate deal with housing major DLF Group in Haryana, he reiterated the bank’s position: “We have already denied it. There is nothing new to add. We don’t have any documents whatsoever to comment on this issue.”

 

Satyanand Yajee, who lives in Freedom Fighters Colony in South Delhi’s Neb Sarai, is listed as the General Secretary of the Freedom Fighters’ body on its website. When our reporter went to Neb Sarai, Yajee wasn’t available.

 

 TIMES NOW  : Is Satyanand Yajee here? We are from TIMES NOW news channel. Is Satyanand Yajee here?

 Resident: No sir, he is not here, he has gone out

 

 TIMES NOW  : Where is he, can you tell us something. Actually a news report has come out about a land deal in which Robert Vadra was given your land

 Resident: I don’t know

 

 Satyanand Yajee owns 98 percent of Onkareshwar properties. The organisation that he is General Secretary of also has strong ties to Haryana Chief Minister Bhupinder Singh whose father was the working president of the organisation.

 

 TIMES NOW  : Does Mr. Yajee know him (Bhupinder Singh Hooda)?

 Office bearer: Yes, he knows him, they keep going and coming

 

 TIMES NOW  : Do you have any photo of Mr. Yajee?

 Office bearer: No, I don’t have any photo

 

 TIMES NOW  : He is the secretary here?

 Office bearer: NO no, I don’t have any photo of his. He will only have his photos. (Walks towards a door and points at a photograph) This is his father.

 

 TIMES NOW  : This is his father?

 Office bearer: This is his father. This is Hooda sir’s father.

 

 TIMES NOW  : This is Hooda’s father? And who is this?

 Office bearer: Yes and this is Satyanand’s father

 

Some Facts about Onkareshwar Properties:

2004 Onkareshwar Properties incorporated with paid-up capital of Rs 1 lakh

2005 Anil Bhalla and Gautam Bhalla, father-son duo of Vatika Group, buy 5,000 shares each for a total consideration of Rs 1 lakh

2006 Current assets rise to Rs 2.6 crore, funded by short-term debt; books Rs 77,949 profit for FY06

Feb 18, 2008 Satyanand Yajee & Sandeep Dahiya become directors

Feb 19, 2008 Files FY07 balance sheet, showing current assets zoomed nine times to Rs 20.9 crore in one year, backed by loans

Mar 25, 2008 240,000 fresh shares of Rs 10 each allotted to Mr. Satyanand Yajjee

Dec 5, 2008 Files FY08 balance sheet, showing sundry debtor rose to Rs 7.95 crore from zero the previous year; current liabilities rise dramatically to Rs 87 crore.

Oct 2009 Finanical Year 2009 balance sheet shows that the company earned profits of Rs 43 crore. The Rs 7.95-crore sundry debtor not mentioned, which implies it was settled. Company is sitting on Rs 34 crore cash and has given Rs 12.5 crore as advances to other.

 

 People feel that there is direct connection between Onkareshwar, Bhupinder Hooda and Vadra as the manner in which the Shikohpur land was acquired and then later sold to DLF.  Haryana Chief Minister who himself involved in this alleged fraud has already given the clean chit to Vadra. Sonia Gandhi, Prime Ministers and his cabinet ministers are not behind to say national son-in-law Vadra is Mr. Clean.

 

Before Godavari Yajee wife of Satyanand Yazee, who holds two per cent stake as of the last filing with MCA, became the director of Onkareshwar Properties on March 31, 2011, that position was held by Sandeep Dahiya, who also held two per cent stake in the company. Dahiya, who joined the company on the same day as Satyanand Yazee, is a relative of Hooda from his wife, Asha Dahiya Hooda’s side. In 2011, he was selected for the Haryana civil service. Citing ties to the CM, opposition parties such as the Omprakash Chautala-led INLD alleged nepotism.

 

Before Yajee joined Onkareshwar Properties in 2008, the company was owned by Anil Bhalla and Gautam Bhalla of the Vatika group (in the photo below). In 2005, they bought the company, incorporated by Pardeep and Govind Kumar in 2004, with capital of Rs 100,000

Continued………………

Book: “Corporate Kleptocracy: US Hilton hotel group-DLF-Vadra’ 

 

Comment may be sent at: premendraagrawal@gmail.com

 

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