Ramanisblog

Tag: Rajiv Gandhi

  • Who is The Real Sonia Gandhi? Opposing Views.

    Sonia Gandhi.

    There have been accusations and rumors galore on Sonia Gandhi.

    I have referred to couple of Biographies on Sonia Gandhi.

    They seem to be at variance with each other.

    So many books, so much contradictions!

    If what Wikipedia says is true people should respect her privacy and not make  wild allegations.

    If on the other hand, the allegations are true,she should come clean.

    It would be best to have here Biography written authorized by herself.

    It would be in her interest and India to have this done as she is undoubtedly the one who controls the Congress party.

    As things stand now, it is the only party that seems to have an edge over the other parties.

    The Congress owes it to the Nation.

    Said Sonia Gandhi, “Hindi, a language that only servants speak.”

    ——————————————————–

    “The Daily Telegraph”, London, June 4, 2010.

    ———————————————————-

    SONIA GANDHI FIGHTS TO BAN ‘BOOK OF LIES’

    By Dean Nelson in New Delhi.

    SONIA GANDHI, the Italian head of India’s ruling Congress Party and widow of former prime minister Rajiv Gandhi, has launched a legal campaign to stop the publication of a “fictionalized biography” based on her life.

    Mrs. Gandhi has taken exception to her portrayal in “The Red Sari” – by the Spanish writer Javier Moro – as a snob who wanted to leave India following her husband’s 1991 assassination. The book also portrays her as a central figure in Indira Gandhi’s 1975 imposition of emergency rule.

    Authors and filmmakers have been drawn to the romance and tragedy of Mrs. Gandhi’s life. She married Indira Gandhi’s son Rajiv after meeting him at Cambridge in the mid- 1960s and was living with his family in New Delhi when his brother Sanjay died in a plane crash and Indira was killed by her Sikh guards. In 1991 Rajiv was assassinated by a Tamil suicide bomber.

    Mr Moro’s book, which has been successful in Italy and Spain, is expected to be published in India later this year.

    Lawyers for Mrs Gandhi yesterday described the book as “full of untruths, half truths, falsehoods, defamatory statements, completely imaginary and invented conversations”. They said she would “take all steps to protect and defend herself and her family”.

    She appears to have been most wounded by its claim that she had wanted to leave India, describing it as “this country that devours its children” and had complained about having to learn to speak Hindi. In the book, Mr Moro writes that “Sonia did not understand why she had to learn a language only spoken by the servants”.

    Both are potentially damaging for Mrs. Gandhi whose Italian nationality is used against her by opponents and whose supporters are overwhelmingly poor Hindi speaking voters.

    Mr Moro yesterday defended his claim that she had wanted to leave India. “There were articles in the Italian papers. After her husband died, her mother called, and it’s logical that she asked, “When are you coming home?” It’s not far-fetched, it’s a literary licence,” he said.

    http://agrasen.blogspot.com/2010/06/book-on-sonia-gandhi-by-javier-moro.html

    Related:

    An unauthorised “fictional biography” of Sonia Gandhi has angered the leader of India’s Congress party — prompting threats from her lawyer to block its publication.

    Javier Moro, a Spanish writer, says his book El Sari Rojo (The Red Sari), which has already sold 230,000 copies, dramatises the “tale of the Nehru-Gandhi family, told through the story of Sonia Gandhi” and is not meant to be a conventional biography.

    Mrs Gandhi’s lawyer says that the book, about to be published in English, is full of distortions. The Gandhi camp is particularly incensed by the way she is depicted as a victim of her Hindu environment.

    Mr Moro’s account, about to come out in English, dwells on her relatively modest upbringing in Italy before she met Rajiv Gandhi while studying in Cambridge and moved to India to be his wife in 1968.

    ….

    Abhishek Singhvi, spokesman for the Congress Party spokesman and head of its legal department, told The Times that he met Mrs Gandhi on Wednesday to discuss the book, and planned to sue for defamation if it was published in India.

    “Mr Moro and his publisher, if they persist in their egregious conduct, will soon learn that India is governed by the rule of law, which includes the law of defamation,” Mr Singhvi said.

    “For Mr Moro to pretend to be the injured martyr and talk of censorship is worse than the devil quoting the scriptures.”

    He said there were cited a “huge list of distortions” including a passage describing how Hindu priests prevented Mrs Gandhi from attending her husband’s cremation.

    He also disputed a passage describing how, after her husband’s death, she “suddenly thought of fleeing this country that devours its children”.

    “Mr Moro’s refuge in the phrase ‘fictionalised biography’ is disingenuous,” he said.

    It is not the first time Congress has tried to block an unauthorised dramatisation of Mrs Gandhi’s life: in 2006, it stopped the production of a film about her starring Monica Bellucci.

    This year, a Bollywood film about a woman politician resembling Mrs Gandhi has had problems obtaining a universal classification from censors.

    Congress has also been blamed for shutting down the office of an Urdu-language newspaper in Kashmir this week over a derogatory caption under a picture of Mrs Gandhi.

    http://www.timesonline.co.uk/tol/news/world/europe/article7143829.ece

    Wife of the Prime Minister

    Sonia Gandhi’s involvement with Indian public life began after the assassination of her mother-in-law and her husband’s election as Prime Minister. As the Prime Minister’s wife she acted as his official hostess and also accompanied him on a number of state visits.[citation needed] In 1984, she actively campaigned against her husband’s sister-in-law Maneka Gandhi who was running against Rajiv in Amethi. At the end of Rajiv Gandhi’s five years in office, the Bofors Scandal broke out. Ottavio Quattrocchi, an Italian business man believed to be involved, was said to be a friend of Sonia Gandhi, having access to the Prime Minister’s official residence. In 1980, her name appeared in the voter’s list for New Delhi prior to her becoming an Indian Citizen, when she was still holding Italian Citizenship.[19] It was a violation of Indian Laws.[20] When she did acquire Indian Citizenship in April 1983, the issue cropped up again, as her name appeared on the 1983 voter’s list when the deadline for registering had been in January 1983.

    Senior Congress leader Pranab Mukherjee said that she surrendered her Italian passport to the Italian Embassy on 27 April 1983. Italian nationality law did not permit dual nationality until 1992. So, by acquiring Indian citizenship in 1983, she would automatically have lost Italian citizenship.

    http://en.wikipedia.org/wiki/Sonia_Gandhi

    El sari rojo (The Red Sari)-Spanish.

    http://books.google.co.in/books?id=mcFqPgAACAAJ&dq=javier+moro+sonia+Gandhi&hl=en&ei=lNJZTuuXKYfwrQfX0vmOCw&sa=X&oi=book_result&ct=result&resnum=4&sqi=2&ved=0CEAQ6AEwAw

  • Rajiv’ 2.5 Billions,Swiss Magazine Confirms.

    Sonia and Rajiv Gandhi
    Rajiv gandhi and Sonia.

    There was  an article in India today and mention was made of Sonia/Rajiv’s  connection to Swiss account by http://www.schweizer-illustrierte.ch/zeitschrift/500-millionen-der-schweiz-imeldas-faule-tricks .

    Swiss Magazine Swiss Illustrie exposes Rajiv Gandhi
    Swiss Illustrie on Rajiv Gandhi

    I blogged it ( read the link under related).

    The  Swiss magazine sent me a communication saying that I might have it wrong.

    Yet the same magazine in its reply to Swamy’s query has studiously avoided confirming/denying the Story( as it has done to my piece),yet asks for Subscription!


    I have marked it in bold letters in the following story.

    Also note the revelation by Rajiv Gandhi.

    Story:

    The shocking exposure came from Switzerland itself. The most popular magazine of Switzerland, Schweizer Illustrierte, [dated November 11, 1991] did an expose of 14 politicians of developing nations who, it said, had stashed their bribes in Swiss banks. The title of the expose in German read “Fluchgelder — Die Schweizer Konten der Dictatoren”. In English it meant, “Curse of money — The Swiss bank accounts of the Dictators”. Rajiv Gandhi figured in the expose as one with slush funds in secret accounts. Schweizer Illustrierte is not some rag. It is the Number One Swiss magazine and sells some 2,10,000 copies. Its readership is 9,18,000 — some 15 per cent of Swiss adults. The magazine had mentioned specific amounts in secret Swiss accounts of different leaders with their pictures alongside.

    The report under the picture of Rajiv Gandhi, translated into English, read: “2.5 billion francs on the Indian secret accounts in Switzerland” of “Rajiv Gandhi, Indian”. Today the amount of 2.5 billion Swiss Francs equals 2.2 billion US Dollars. But as Rajiv was no more by then, it must become the family inheritance. The other leaders captured by the magazine were: Suharto of Indonesia (25.5 billion), Haile Selassie of Ethiopia (22.5 billion), Mobutu of Zaire (6 billion), Shah Pehlvi of Iran (5.7 billion), Saddam Hussein of Iraq (800 million), and Nicolas Ceausescu of Romania (500 million). The figures of slush money mentioned were in milliarden (meaning ‘billions’) units of Swiss Francs. Had Rajiv been alive then, the expose would have caused a political tsunami in India.

    The box item above shows the pictures and the amounts of the leaders as appearing in the magazine.

    More than the slush money charge it is the family’s silence about it, which is baffling. The number one magazine in Switzerland had made the damning charge that Rajiv Gandhi had left behind slush funds of $2.2 billion and yet the family has kept mum for 18 years now. How could any honest person tolerate such a serious charge? Well, one could say that the family might not have challenged it because it was published in far away Switzerland. But Dr Subramanian Swamy had included the Schweizer Illustrierte expose in his write-up “Do You know your Sonia?” in his party, the Janata Party, website, seven years ago, in 2002. It is still on the Party’s website. Photocopies of the expose in the Swiss magazine are shown at pages 51 to 53 of Dr Swamy’s write-up; also an e-mail from the magazine addressed to Dr Swamy on February 22, 2002 at page 50. The e-mail confirms what the magazine had reported.

    The e-mail reads:

    “Dear sir,

    We refer to your e-mail of April 4, regarding an article in our magazine Schweizer Illustrierte of November 11, 1991. In this article — Fluchgelder – Die Schweizer Konten der Dictatoren — is Rajiv Gandhi named with tot 2.5 Milliarden CHF on secret accounts. If you want the magazine please indicate the exact address.

    Yours faithfully,Ringer Ltd.Margot Todisco”.

    The fax and telephone numbers of Margot Todisco are also given in the mail. The e-mail is in box alongside here. Yet no one from the Congress or from the family has sued Dr Swamy till date, nor challenged him. The Swiss expose also prominently figured in the advertisement that some NRIs had put out in the New York Times to protest against Sonia Gandhi when she visited the US in the year 2007. The Indian National Overseas Congress (INOC) filed a defamation case against the ad, expressly “not to defend itself, but Sonia Gandhi”. The New York Supreme Court dismissed the case holding that only Sonia Gandhi, not the INOC, had the locus to sue. But she would not dare sue. Thus, neither in Switzerland where Schweizer Illustrierte exposed Rajiv’s secret account with billions 18 years ago in 1991, nor in India where Dr Swamy had put it on his party’s website seven years ago in 2002, or in the US where the NRIs had boldly advertised the expose two years ago in 2007, would the Gandhi family challenge the expose.

    In criminal law the conduct of the accused is an important piece of evidence. What does the family’s conduct show here excepting that it has something to hide.

    Second: family benefited from KGB, says book

    The second expose, Rajiv Gandhi figuring again, is that the first family of the Congress accepted political payoffs from the Russian spy outfit, the KGB. In a highly acclaimed book The State Within a State: The KGB and Its Hold on Russia-Past, Present, and Future by Yevgenia Albats, a journalist on Moscow News and Izvestia, the author writes: “A letter signed by Victor Chebrikov, who replaced Andropov as the KGB head in 1982, noted: the USSR KGB maintains contact with the son of the Premier Minister Rajiv Gandhi (of India).

    R Gandhi expresses deep gratitude for the benefits accruing to the prime minister’s family from the commercial dealings of the firm he controls in co-operation with the Soviet Foreign trade organisations.

    R Gandhi reports confidentially that a substantial portion of the funds obtained through this channel are used to support the party of R Gandhi.” (p223) The author also cites the KGB letter and file reference. In Dr Swamy’s write-up on Sonia, KGB’s letter in Russian is attached at page 45 and its English translation at pages 43 and 44.

    http://expressbuzz.com/biography/who-will-probe-first-familysbillions/62676.html

    Related:

    I have blogged on the subject of Rajiv Gandhi‘s 2.5 Billion Francs ,which was based on  the November 1991 issue of Schweizer Illustrierte, the most popular magazine of Switzerland, carried an expose of 14 politicians from developing nations who had stashed their bribes in Swiss banks , Subramanian Swamy‘s s statement , India Today‘s Story  http://indiatoday.intoday.in/site/Story/123602/UP%20Front/dacoits+have+looted+india.ht
    The story was linked to Schweizer Illustrierte  dated November 1991 and
    Also Ram Jethmalani’s piece in India Today.
    On February 2, 2011,Schweizer Illustrierte sent me a comment which is provided at the end of this article.
    I again checked the link.
    The information in German seems to confirm the information on Rajiv Gandhi.
    May be I got my translation wrong.
    If some one can confirm that the information on Rajiv Gandhi is wrong as per the magazine’s published Record,I hereby tender a Public Apology to Sonia Gandhi,Rajiv Gandhi and Family.
    I have a few questions.
    Why did the magazine take 10 years to deny?
    Why does  Sonia Gandhi keep quiet?
    What is the stand of India Today, Subramanian Swamy , S.Gurumurthy and the Indian Express?
    Also note that the magazine , in its communication, has not denied it out right.
    It says ‘as we think you might have cited it wrong’
    Typical statement which while not confirming also does not categorically deny it.
    If Schweizer Illustrierte’s article is wrong ,has Sonia Gandhi received an apology from them?
    Questions, questions every where , not an answer to blink.
    Magazines communication to me.
    ‘Submitted on 2011/02/02 at 7:40 pm

    Dear Blogger, you’ll find the mentioned Schweizer Illustrierte article (Page 41) on this URL:

    http://www.schweizer-illustrierte.ch/zeitschrift/500-millionen-der-schweiz-imeldas-faule-tricks

    Please examine the content carefully, as we think you might have cited it wrong.

    Regards
    Schweizer Illustrierte’

     

     

    http://www.schweizer-illustrierte.ch/zeitschrift/500-millionen-der-schweiz-imeldas-faule-tricks

    Please examine the content carefully, as we think you might have cited it wrong.

    Regards
    Schweizer Illustrierte’

    http://ramanisblog.in/2011/02/18/advani-apology-rajiv-2-5-billion-whyhas-your-claim-disproved/

    Related:

    KGB PAID MONEY TO SONIA, RAHUL, RAJIV GANDHI.

     

    In an article written on March 18th 2009: INDIA has $1.4 Trillion of Illegal money stashed in Swiss Banks – Time to bring it home !, I wrote in the first para: “Rajeev Gandhi’s untimely death left Sonia Gandhi extremely wealthy. The true extent of her wealth became known only when the Soviet archives were thrown open following the collapse of the Soviet Union. KGB archives revealed that as far back as 1982, when Indira Gandhi was still prime minister, Soviet trading agencies were channeling funds into a company controlled by her son and future Prime Minister Rajiv Gandhi.

    This was also brought to light by Harvard Russian scholar Yvgenia Albats in her book The State Within A State: The KGB and Its Hold on Russia. The Swiss news-magazine Schweizer Illustrierte (November 11, 1991) provided more details. Citing newly—opened KGB records, it reported that Sonia Gandhi, widow of the former Prime Minister Rajiv Gandhi, was controlling a secret account worth 2.5 billion Swiss francs (about 2 billion dollars at current exchange rates) in a Swiss bank in her minor son’s name.

    http://ramanisblog.in/2011/02/16/kgb-paid-money-to-sonia-rahul-rajiv-gandhi/

    FAIR USE NOTICE: This article may contain copyrighted material the use of
    which may or may not have been specifically authorized by the copyright
    owner. This material is being made available in efforts to advance the
    understanding of environmental, political, human rights, economic,
    democratic, scientific, social, and cultural, etc., issues. It is believed
    that this constitutes a ‘fair use’ of any such copyrighted material as
    provided for in section 107 of the US Copyright Law. In accordance with Title
    17 U.S.C. Section 107, the material on this site is distributed without
    profit to those who have expressed a prior interest in receiving the included
    information for research, comment, discussion and educational purposes by
    subscribing to USENET newsgroups or visiting web sites. For more information
    go to:  http://www.law.cornell.edu/uscode/17/107.shtml
    If you wish to use copyrighted material from this article for purposes of
    your own that go beyond ‘fair use’, you must obtain permission from the
    copyright owner.

    Since newsgroup posts are being removed
    by forgery by one or more net terrorists,
    this post may be reposted several times.

    Related articles

  • Advani Apology, Rajiv 2.5 Billion-Why?

    It is alright for Advani for to level charges and apologize at his pleasure.
    In that case,
    • Did Advani have facts to level charges Against Sonia Gandhi ?
    • Or did he make an irresponsible allegation?
    • What new evidence has come to light to tender apology?
    • Is it because Sonia declared she has no accounts?
    • Will he share the details with the People of India?
    • Advani is a responsible politician, who was considered to be the PM in waiting.
    • Will he stand up and explain?
    • What is the stand of BJP‘s Task force?
    I have blogged on the subject of Rajiv Gandhi‘s 2.5 Billion Francs ,which was based on  the November 1991 issue of Schweizer Illustrierte, the most popular magazine of Switzerland, carried an expose of 14 politicians from developing nations who had stashed their bribes in Swiss banks , Subramanian Swamy‘s s statement , India Today‘s Story  http://indiatoday.intoday.in/site/Story/123602/UP%20Front/dacoits+have+looted+india.ht
    The story was linked to Schweizer Illustrierte  dated November 1991 and
    Also Ram Jethmalani’s piece in India Today.
    On February 2, 2011,Schweizer Illustrierte sent me a comment as follows.
    I again checked the link.
    The information in German seems to confirm the information on Rajiv Gandhi.
    May be I got my translation wrong.
    If some one can confirm that the information on Rajiv Gandhi is wrong as per the magazine’s published Record,I hereby tender a Public Apology to Sonia Gandhi,Rajiv Gandhi and Family.
    I have a few questions.
    Why did the magazine take 10 years to deny?
    Why did not Sonia Gandhi keep quiet this long?
    What is the stand of India Today, Subramanian Swamy , S.Gurumurthy and the Indian Express?
    Also note that the magazine , in its communication, has not denied it out right.
    It says ‘as we think you might have cited it wrong’
    Typical statement which while not confirming also does not categorically deny it.
    If Schweizer Illustrierte’s article is wrong ,has Sonia Gandhi received an apology from them?
    Questions, questions every where , not an answer to blink.
    Magazines communication to me.
    ‘Submitted on 2011/02/02 at 7:40 pm

    Dear Blogger, you’ll find the mentioned Schweizer Illustrierte article (Page 41) on this URL:

    http://www.schweizer-illustrierte.ch/zeitschrift/500-millionen-der-schweiz-imeldas-faule-tricks

    Please examine the content carefully, as we think you might have cited it wrong.

    Regards
    Schweizer Illustrierte’

    Story.

    Senior BJP leader L.K. Advani has apologised to Congress President Sonia Gandhi for a party—appointed task force report, which had alleged that she and her late husband Rajiv had accounts in Swiss banks.

    BJP had appointed the task force on unravelling the amount of black money stashed by Indians in foreign banks and ways to bring it back.

    The report had alleged that Sonia Gandhi and former Prime Minister Rajiv Gandhi were among Indians who held Swiss bank accounts.

    This had led Ms. Gandhi to write a letter to Mr. Advani denying the allegation.

    Sources said in the letter, Ms. Gandhi had said that neither she nor her husband held Swiss bank accounts.

    In his reply to the Congress President’s letter, Mr. Advani expressed regret of her name and that of her late husband being mentioned in the task force report.

    However, Mr. Advani also stated in his reply that the Gandhis should have denied this publicly when there were murmurs that names of her family members could figure in the report.

    http://www.thehindu.com/news/national/article1467851.ece


  • KGB PAID MONEY TO SONIA, RAHUL, RAJIV GANDHI.

    Sonia Gandhi, Indian politician, president of ...
    Image via Wikipedia

    How can one expect that Truth will come out in 2G and S Band Scam?

    What is distressing is that the BJP has failed to unearth the sordid details.

    It makes one wonder about the protestations by the opposition parties when they are not in power .

    All seem to be in cahoots.

    JPC or not, the show of inquiry will go on and nothing will come out of it.

    Story:

    The greed of Sonia Gandhi and her family has crossed all bounds of decency.

    With just three weeks to go before the Congress-led UPA government’s term ends, Ottavio Quattrocchi, the lone surviving suspect in the Bofors payoff case, no longer figures in the Central Bureau of Investigation (CBI)’s list of wanted persons.

    The 12-year Interpol Red Corner Notice (RCN) against the Italian businessman has been taken off the “Interpol Notices” section of the agency’s website.

    Bharatiya Janata Party (BJP) Tuesday said it was a “farewell gift” from the Congress-led government to a “close friend” of party president Sonia Gandhi.

    CONGRESS PARTY – SHOVING BOFORS AND “Q” CONNECTIONS UNDER THE CARPET

    THE LOOT OF INDIAN MONEY CONTINUES: AFTER THE BRITISH EAST INDIA COMPANY – ITS NOW ______

    In an article written on March 18th 2009: INDIA has $1.4 Trillion of Illegal money stashed in Swiss Banks – Time to bring it home !, I wrote in the first para: “Rajeev Gandhi’s untimely death left Sonia Gandhi extremely wealthy. The true extent of her wealth became known only when the Soviet archives were thrown open following the collapse of the Soviet Union. KGB archives revealed that as far back as 1982, when Indira Gandhi was still prime minister, Soviet trading agencies were channeling funds into a company controlled by her son and future Prime Minister Rajiv Gandhi.

    This was also brought to light by Harvard Russian scholar Yvgenia Albats in her book The State Within A State: The KGB and Its Hold on Russia. The Swiss news-magazine Schweizer Illustrierte (November 11, 1991) provided more details. Citing newly—opened KGB records, it reported that Sonia Gandhi, widow of the former Prime Minister Rajiv Gandhi, was controlling a secret account worth 2.5 billion Swiss francs (about 2 billion dollars at current exchange rates) in a Swiss bank in her minor son’s name.

    “Dr. Yevgeniya Albats is a Soviet journalist who was appointed as member of the official KGB Commission set up by President Yeltsin in 1991. She had full access to secret files of the KGB.

    PAYMENTS TO GANDHI FAMILY AUTHORIZED BY RESOLUTION IN RUSSIA:

    Dr. Albats disclosed in her book that KGB chief Victor Chebrikov in December 1985 had sought in writing from the Central Committee of the Communist Party of the Soviet Union (CPSU), ‘authorization to make payments in US dollars to the family members of Mr. Rajiv Gandhi, namely Sonia Gandhi, Rahul Gandhi and Ms Paola Maino, mother of Sonia Gandhi.’

    CPSU payments were authorized by a resolution, CPSU/CC/No 11228/3 dated December 20, 1985; and endorsed by the USSR Council of Ministers in Directive No. 2633/Rs dated December 12, 1985. These payments had been coming since 1971, as payments received by Sonia Gandhi’s family, and ‘have been audited in CPSU/CC resolution No. 11187/22 OP dated October 12, 1984.’

    How precise must one get to book the guilty? These are official KGB records.

    INDIAN ATTITUDE AT G-20: LUKEWARM TO FRENCH PROPOSAL

    The Indian delegation attending G-20 summit did not seem at all keen on supporting the French demand to make tax havens transparent and create a new global financial architecture that has more regulation.

    Prime Minister Manmohan Singh‘s reaction to the growing chorus for getting back ill-gotten wealth, squirreled in tax havens, has been quite casual. This makes it quite clear that he would not back the demands of French President, Nicholas Sarkozy, and others to regulate and tame the global financial system ahead of any coordinated stimulus.

    Indians, Swiss bank sources claimed in 2006, have more than $ 1.4 trillion squirreled in their bank vaults. This figure could reach astronomical levels if the funds of Indians in other tax havens are added up. Experts estimate that the total quantum of money that has flown out to safe vaults abroad could go beyond $ 2-3 trillion dollars. So substantial is this amount that if it returns to India then it could make a serious difference in alleviating poverty and transforming its inadequate infrastructure. More importantly, it will also bring out in the open the identity of those who perpetrated this organised loot for so many years. Most of the illegal funds are sourced from defence deals, corruption and large scale siphoning off from development programmes. If the details of the Swiss bank account holders ever come out in the open, it will be a fascinating story of how India has been pauperised by its ruling elite.

    CURIOUS CASE OF BILLIONS IN PUNE STUD FARM:CLOSE RELATIVE WITH CLOSE TIES WITH RULING PARTY !

    For more than three years now, INDIA have not been able to make much headway in tracing the $ 8 billion found in a mysterious Pune-based stud farm owner’s account in UBS, Switzerland. The money trail led to Virgin Island and to Saudi arms leader, Adnan Khashoggi, but the enforcement agencies have drawn no conclusions as one of the partners of the stud farm owner is a close relative of a big business family with close ties with the ruling party. This old business family, besides other interests, also serves as agents of some arms manufacturers. The belief is that pressure from this powerful group has prevented government to take its probe with the UBS to its logical conclusion.

    However, after UBS wilted under US pressure to release the details of their nationals that evaded tax and parked their funds with them, there has been a flicker of hope in other countries too, that such details may finally see the light of the day. Indians have not shown much urgency in following up on US government’s enterprise- due a host of reasons.

    This is election time in India and a wrong time to follow bad money. Indian elections are funded through black money and a lot of cash sitting in foreign bank accounts returns through the hawala route.

    DOMESTIC POLITICS: CONGRESS MAKES MONEY HERE TOO (and so does all other political parties too!)

    Even in domestic politics it seems the Congress Party (referred to as Palm party) has made money making an art. The article by Maloy Krishna Dhar clearly alludes to a chain of command of making money .Maloy Dhar writes: What you have given here is the darshan money ( BuA: Indian word meaning giving money to someone just to see a person). It qualifies you to be short listed and your name to be forwarded by the Pradesh party to the High Command (HC). The High Command (whosoever it might be) would be the final arbitrator. The HC is helped by A, B. C. & D (no name please).

    Once your name is forwarded, go over to Delhi with a few supporters meet A, B, C, & D with adequate lubricants. Carry trunk full of money. Do not forget to meet X Patel. He is the conscience keeper of the HC. Satisfy him with the demanded amount. The final satisfaction lay with the HC. If you have any conduit to reach the HC, spend lavishly and reach there. The entire process may cost you rupees 10 million (= Rupees one crore).

    (BuA: Mr X Patel – hmmm, who can that be – Sonia’s close confidante – AHMED PATEL??, HC = High Command a possible reference to SONIA GANDHI).

    It’s India’s money that has been looted by foreigners and corrupt middlemen and most treasonously – by the executive branch of defense department of Govt of India. For every sub-standard defense procurement, look no further than the tax havens abroad where our politicians have stashed our hard earned money for their family. I will certainly not tolerate a flight of my country’s capital by foreigners – again !

    At a time when our poor farmers are languishing in debt burden and economic crisis is hurting the average Indian – this illegal money stashed abroad is making us seethe in anger.

    Unwinding of tax havens, MANY OF THEM UNDER THE CONTROL OF THE UK GOVERNMENT, would ensure that the development funds marked for the poor in Africa, Latin America and Asia do not find their way to the safes of banks in foreign countries. After all, many of the multinational banks have been recipient of drug money and kickbacks. History would bear testimony that some of the money in these banks have origin in opium. The world would be a different place when arms dealers, mercenaries and war-mongers, drug dealers have no place to hide their cash. Surely, this would impact terror funding, covert wars and so much of misery that this unaccounted wealth heaps on the poor of the world.

    http://bengalunderattack.blogspot.com/2009/04/kgb-paid-money-to-sonia-rahul-rajiv.html

  • Indian Black Money in Swiss Banks,1400 Billion dollars (INR 6300000,00,00,000 )

    Update:
    Black MoneyZurich/ New Delhi: India has slipped to 70th position in terms of foreign money lying with Swiss banks and accounts for a meagre 0.10 per cent of total global wealth held in the country’s banking system.

    While much hue and cry is made over huge amounts of illicit wealth stashed by Indians in Swiss banks, the latest official data released by Switzerland’s central bank shows that the money they owed to Indian clients at the end of last year was 1.42 billion Swiss francs (aboutRs. 9,000 crore).

    While the UK continues to account for the largest chunk of such funds, India has now slipped lower to 70th position – the lowest rank among all major economies of the world, shows an analysis of annual data released by Swiss National Bank (SNB) on all the banks present in the European country(NDTV June 23,2013)

    Do not for a moment feel elated as the money might have been shifted to Caribbean offshore account.!
    I have a Post on this
    Please read my blog on Rajiv Gandhi 2.5 Billion Francs under corruption.
    Figures in the story,does it include Rajiv’s?
    I can not count the zeroes.
    Story:
    The revised Tax treaty between India and Switzerland which will be placed before the Swiss Parliament for final approval is creating nightmares to those tax evaders who have cheated tax to the tune of Billions of Rupees.
    (Weak heart people may skip the below paragraphJ)
    It is believed that an astonishing sum of around 1400 Billion dollars of black money is deposited in Swiss banks by the Indian Tax evaders. This amount is equivalent to   6300000,00,00,000 INR which is about 13 times larger than the country’s foreign debt !!!!
    Now there arisen a ray of hope to pull through this black money from these banks as the Switzerland’s Parliamentary Committee has given the go-ahead to the revised tax treaty between India and Switzerland that would eventually allow our government to access the secret Swiss bank accounts of Indian tax evaders.
    The extremely stable economy, privacy and good returns on the investment have made people across the globe to deposit their money in the Swiss Banks. It is often misapprehended by many of us that the term SWISS BANK is a single bank, which is not the case. There are more than 400 banks in Switzerland ranging from two very big banks to small banks. Union Bank of Switzerland (USB) and Swiss Bank Corporation are the two biggest banks in Swiss of which the branches have spread across many continents.
    Related:
    It has become clear to the Supreme Court that the looters are preparing the grounds for the cover-up If Wikileaks exposes Indian accounts in Swiss Bank.The looters over a period of time digesting, scam after scam have become immune to public opinion. They have developed a skin so thick, that it would make a Rhino blush.
    Even if Wikileaks and Rudolf Elmer publish all the names of the illegal Indian account holders in Julius Baer, and the other Swiss Banks follow suit, nailing the looters is a far cry. These accounts will have been masked by layer upon layer of bogus legal entities. The looters are sure to have taken all these precautions to ensure that the trail does not lead to them. This is more than sufficient excuse for the Indian investigating agencies, controlled and directed by the looters themselves. The ‘Bofors Loot’ scam investigation is an eye-opener.

     

    Related Articles