Tag: Rajiv Gandhi

  • Swiss Account of Rajiv Gandhi-2.5 Billion Swiss francs?

    Sonia Gandhi 2009
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    What can you expect from these people who have declared war on corruption!? ( Sonia’s speech on corruption).

    Story:

    The November 1991 issue of Schweizer Illustrierte, the most popular magazine of Switzerland, carried an exposé of 14 politicians from developing nations who had stashed their bribes in Swiss banks. It alleged that Rajiv Gandhi was one of them, and put his figure at 2.5 billion Swiss francs. Schweizer Illustrierte is not some rag; it sells some 2,10,000 copies. Does that account still exist, if the allegation is correct?

    The Gandhi family has neither denied the allegations, nor taken legal action against the Swiss magazine or Indian politicians like Subramanian Swamy, who has charged that illicit monies are being recycled through the stock market.

    An allegation does not become true simply because it is made. It must be substantiated. But as the recent exposé of the 2G spectrum scandal indicates, it is the duty of government agencies to follow up when there seems to be some substance in the charge. If there is so much smoke, they must check out the fire. But the conduct of this Government, nominally headed by Manmohan Singh but controlled by the Uncrowned Empress and her heir apparent, has invariably been dishonest. A typical example is the answer given by the Ministry of Finance in Rajya Sabha on November 24, 2009 about Indian funds in Swiss bank accounts: “Efforts have been made from time-to-time to seek such information under the Double Taxation Avoidance Agreement (DTAA) between India and Swiss Confederation. However the Swiss Federal Tax Administration has expressed its inability to exchange the information regarding bank deposits of Indian residents as the information was not necessary for the application of the DTAA between India and Swiss Confederation, but was required only for the enforcement of Indian internal laws.” It also replied that “such information was not at their disposal under Swiss laws in the normal course of tax administration. Further in connection with the investigation of specific cases, Directorate of Enforcement, if deemed necessary, seeks information from foreign jurisdiction in respect of accounts held by Indian nationals/entities in banks located overseas. However no roving enquiries are made. There is no verifiable information available about money deposited with Swiss banks by Indians.”

    http://indiatoday.intoday.in/site/Story/123602/UP%20Front/dacoits+have+looted+india.html

    Related:

    A stunning exposure on Sonia Gandhi’s secret billions in Swiss banks came, surprisingly, from Switzerland itself, where the world’s corrupt stash away their booty. In its issue of November 19, 1991, Schweizer Illustrierte, the most popular magazine of Switzerland, did an exposé of over a dozen politicians of the third world, including Rajiv Gandhi, who had stashed away their bribe monies in Swiss banks. Schweizer Illustrierte, not a rag, sells some 2,15,000 copies and has a readership of 9,17,000 — almost a sixth of Swiss adult population. Citing the newly opened KGB records, the magazine reported ‘that Sonia Gandhi the widow of the former Prime Minister Rajiv Gandhi was controlling secret account with 2.5 billion Swiss Francs (equal to $2.2 billion) in her minor son’s name’. The $2.2 billion account must have existed from before June 1988 when Rahul Gandhi attained majority. The loot in today’s rupee value equals almost Rs 10,000 crore. Swiss banks invest and multiply the clients’ monies, not keep them buried. Had it been invested in safe long-term securities, the $.2.2 billion bribe would have multiplied to $9.41 billion (Rs 42,345 crore) by 2009. If it had been put in US stocks, it would have swelled to $12.97 billion (Rs 58,365 crore). If, as most likely, it were invested in long-term bonds and stocks as 50:50, it would have grown to $11.19 billion (Rs 50,355 crore). Before the global financial meltdown in 2008, the $2.2 billion bribes in stocks would have peaked at $18.66 billion (Rs 83,900 crore). By any calculation the present size of the $2.2 billion secret funds of the family in Swiss banks seems huge — anywhere between Rs 43,000 plus to some Rs 84,000 crore!

    http://www.vmohanty.com/2011/a-stunning-exposure-on-sonia-gandhi%25e2%2580%2599s-se/

  • Kickback taxable,Q.E.D.Bofors scam.

    Comments are unnecessary.

    Facts speak.

    Advantage Karunanidhi?

    The Bofors ghost returned to haunt the Congress party with an income tax tribunal saying that kickbacks of Rs 41 crore were paid to late Win Chaddha and Italian businessman Ottavio Quattrocchi in the Howitzer gun deal and that they are liable to pay tax in India on such income. 

    “….inaction in this regard may lead to a non-existent undesirable and detrimental notion that India is a soft state and one can meddle with its tax laws with impunity,” the income tax appellate tribunal (ITAT) said in its 98-page order.

    The tribunal gave this order while dismissing an appeal by Win Chaddha’s son against income tax department’s claim of Rs 52 crores and Rs 85 lakh from his father for the assessment years 1987-88 and 1988-89.  Bofors scam: Quattrocchi got kickback, says I-T panel – The Times of India http://timesofindia.indiatimes.com/india/Bofors-scam-Quattrocchi-got-kickback-says-I-T-panel/articleshow/7211424.cms#ixzz19xIaLLhM

    History of Bofors Scandal

    NEW DELHI: The Bofors gun deal, signed between the Indian government and the now defunct Swedish arms company AB Bofors 21 years ago, has once again come to haunt the government and politics of this country.

    Ottavio Quattrocchi, the Italian businessman accused of being a conduit in the bribes that were alleged to have been paid to facilitate the deal, was detained in Argentina and then subsequently released on bail, much to the embarrassment of Indian investigators who have been on his trail.

    Following is the chronology of events in the Bofors howitzer payoff scandal:

    March 24, 1986: A $1.4 billion contract between the Indian government and Swedish arms company AB Bofors signed for supply of over 400 155mm howitzers.

    April 16, 1987: Swedish Radio claims Bofors paid kickbacks to top Indian politicians and key defence officials to secure the deal.

    April 20, 1987: Then Indian prime minister Rajiv Gandhi assures the Lok Sabha that neither was any middleman involved in the deal nor were kickbacks paid.

    August 6, 1987: Joint Parliamentary Committee (JPC) set up under B. Shankaranand to probe into allegations of kickbacks.

    February 1988: Indian investigators visit Sweden.

    July 18, 1989: JPC report presented to parliament.

    November 1989: Rajiv Gandhi loses power as Congress defeated in general elections.

    December 26, 1989: Then prime minister V.P. Singh’s government bars Bofors from entering into any defence contract with India.

    January 22, 1990: Central Bureau of Investigation (CBI) registers complaint in the case.

    January 26, 1990: Swiss authorities freeze bank accounts of Svenska and AE Services, who allegedly received unauthorised commissions for the deal.

    February 17, 1992: Journalist Bo Anderson’s sensational report on the Bofors payoffs case published.

    December 1992: Supreme Court reverses a Delhi High Court decision quashing the complaint in the case.

    February 9, 1993: Supreme Court rejects former Bofors agent Win Chadha’s plea for quashing the letters rogatory sent by the trial court to its counterpart in Sweden seeking assistance in the case.

    July 12, 1993: Swiss federal court rules that India was entitled to Swiss bank documents pertaining to the kickbacks.

    July 29/30 1993: Italian businessman Ottavio Quattrocchi, who was representing Italian fertiliser firm Snam Progetti for several years, leaves India to avoid arrest warrant the CBI was seeking.

    January 21, 1997: After four years of legal wrangles, secret documents running into over 500 pages given to Indian authorities at a public ceremony in Berne.

    January 30, 1997: CBI constitutes special investigation team for the case.

    February 10, 1997: CBI questions ex-army chief General Krishnaswamy Sundarji.

    February 12, 1997: Letters rogatory issued to Malaysia and United Arab Emirates (UAE) seeking arrest of Quattrocchi and Win Chadha.

    May 1998: Delhi High Court rejects Quattrocchi’s plea for quashing of the ‘red corner’ notice issued by Interpol at the request of CBI.

    October 22, 1999: CBI files first chargesheet naming Win Chadha, Quattrocchi, former Indian defence secretary S.K. Bhatnagar, former Bofors chief Martin Ardbo and Bofors company. Former prime minister Rajiv Gandhi’s name figured as “an accused not sent for trial” as he was killed in 1991.

    November 7, 1999: Trial court issues arrest warrants against Quattrocchi, while summoning other four accused.

    December 13, 1999: CBI team goes to Malaysia to seek extradition of Quattrocchi; fails in its efforts.

    Early 2000: Quattrocchi approaches the Supreme Court for quashing of arrest warrant against him. Court asks him to appear before CBI for interrogation while protecting him from being arrested. Quattrocchi refuses to accept the order, saying his counsel misled the court.

    March 18, 2000: Chadha comes to India to face trial.

    July 29, 2000: Trial court issues “open non-bailable arrest warrants” against Ardbo.

    September 4, 2000: Chadha moves Supreme Court for permission to go to Dubai for treatment. Supreme Court rejects plea a week later.

    September 29, 2000: Hindujas issue statement in London saying funds received by them from Bofors had no connection with the gun deal.

    October 9, 2000: CBI files supplementary chargesheet naming Hinduja brothers as accused in the Bofors gun deal.

    December 20, 2000: Quattrocchi arrested in Malaysia, gets bail but is asked to stay within the country.

    August 6, 2001: Former defence secretary Bhatnagar dies of cancer.

    October 24, 2001: Win Chadha dies of heart attack at his New Delhi residence.

    November 15, 2002: Hinduja brothers formally charged with cheating, criminal conspiracy and corruption.

    December 2, 2002: Malaysian court denies India’s request for Quattrocchi’s extradition.

    July 28, 2003: Acting on India’s request, Britain freezes Quattrocchi’s bank accounts.

    January 4, 2004: Swiss authorities agree to consider CBI’s request for providing Quattrocchi’s bank details.

    February 4, 2004: Delhi High Court clears Rajiv Gandhi of involvement in the Bofors kickbacks scandal.

    May 31, 2005: Delhi High Court clears Hindujas of involvement in the scandal.

    Dec 31, 2005: The CBI tells Crown Prosecution Service (CPS), London, that it has not been able to link the money in two accounts of Quattrocchi with the Bofors kickbacks

    Jan 7, 2006: Two accounts of Quattrocchi in London banks containing 3 million euros and $1 million were defreezed after then additional solicitor general B. Dutta met the CPS lawyers.

    Feb 6, 2007: Quattrocchi detained at Iguazu international airport on an Interpol lookout notice.

    Feb 13, 2007: CBI writes to Ministry of External Affairs for Argentinean Extradition Act and tells Interpol Buenos Aires that documentation being prepared for extradition proceedings.

    Feb 24, 2007: Fresh warrant of arrest against Quattrocchi obtained from Delhi court

    Feb 26, 2007: Quattrochhi released on bail with condition that he does not leave Argentina.

    Feb 28, 2007: Two-member CBI team to leave for Argentina.

    http://www.dnaindia.com/india/report_chronology-of-the-bofors-scandal_1082262

    Sonia Gandhi on Corruption:

    Asserting that Congress will take corruption head on, Congress President Sonia Gandhi today hailed as inspiring Prime Minister Manmohan Singh’s assurance that he will takeforward her five-point action plan to battle the menace.

    “We will take corruption head on and demonstrate it through our actions and not through words alone. I had made specific suggestions in this regard (in the speech yesterday) and the prime minister, in his inspiring address this morning, assured us that he will take them forward,” she said in her remarks winding up the two-day Congress plenary here.

    http://www.dnaindia.com/india/report_we-will-take-corruption-head-on-sonia-gandhi_1483881

  • Sonia Gandhi reminiscent of Mahatma? Sycophancy at its best

    The same Congress shall disown and discredit her as it has done to Sanjay Gandhi .Some party, some leader and some ideology!
    Recently during its plenary meeting, Congress brought up with a book – Congress and the Making of the Indian Nation, which is claimed to have hailed Sonia Gandhi for her decision to decline prime ministership after leading the UPA to power in 2004.
    Sonia gandhi

    “Not since the days of the freedom struggle was such a complete separation of the objective of personal power and the objective of achieving social ideals seen,” the book stated.

    “People looked upon Sonia Gandhi’s renunciation of power as reminiscent of the Mahatma,” it added.

    http://news.oneindia.in/2010/12/28/cong-reveals-truth-behind-sonia-s-all-decisions.html

    Let’s look what it has to say now on Sanjay gandhi, which, till Indira Gandhi was assassinated, did say that Sanjay was the beacon of India and one of Congress’s icons.

    Sanjay Gandhi and Indira Gandhi


    The Congress has all but disowned Sanjay Gandhi, blaming the excesses committed during the Emergency of 1975 on his overzealous promotion of family planning and slum clearance programme.

    The rare assessment of the Emergency and the person responsible for the popular anger has come in the party’ s official history where it has attempted to walk the tightrope between defending stalwart Indira Gandhi and the stigma that her decision to suspend the Constitution in 1970s carries.

    Cong blames Sanjay Gandhi for Emergency ‘excesses’ – The Times of India http://timesofindia.indiatimes.com/india/Cong-blames-Sanjay-Gandhi-for-Emergency-excesses/articleshow/7181279.cms#ixzz19Z7430Y8

  • Sonia Gandhi’s Discussion with Maria Shriver

    Sonia Gandhi, Chairperson, United Progressive ...
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    Friday, 04 August 2006, 13:17
    C O N F I D E N T I A L SECTION 01 OF 05 NEW DELHI 005495 
    SIPDIS 
    SIPDIS 
    STATE FOR INR/B 
    EO 12958 DECL: 08/04/2016 
    TAGS PGOV, PREL, PINR, PHUM, SCUL, KWMN, PINS, IN 
    SUBJECT: A GARRULOUS SONIA GANDHI OPENS UP TO MARIA SHRIVER 
    Classified By: Charge Geoff Pyatt for reasons 1.4 (B,D)
    1. (C) Summary: In a relaxed August 3 conversation with California first lady Maria Shriver, Sonia Gandhi revealed a rare glimpse of herself. Usually withdrawn and reserved in public, she spoke at great length and radiated confidence on women’s’ issues and some aspects of her private life. Mrs. Gandhi demonstrated a strong commitment to a progressive left-of-center agenda aimed at combating socially conservative forces bent on oppressing Indian women. However, she was also realistic, revealing an in-depth knowledge of Indian culture, especially the rural/urban divide. At times suppressing her emotions, she spoke about the compulsions of political life, her parents’ objections to her marriage to Rajiv Gandhi and the sacrifices she and her family have made. Her comments and demeanor put the lie to cocktail party suggestions that she courts Manmohan Singh’s job. End Summary.
    Two Dynasties Meet
    ------------------ 
    2. (C) Maria Shriver, California’s first lady and wife of Governor Arnold Schwarzenegger, met with Congress Party President Sonia Gandhi on August 3 as part of her official visit to India. Shriver is in India to discuss her various initiatives on women’s’ affairs and to solicit Indian involvement. She is also laying the groundwork for a proposed trade mission led by Governor Schwarzenegger around February, 2007. After her stay in Delhi, she will go to Dharamshalla to meet the Dalai Lama. In addition to the Gandhi meeting, Shriver met with the head of the National Commission for Women and toured NGO’s involved in women’s’ affairs. Mrs. Gandhi was accompanied by former Cabinet Minister Karan Singh.
    Indian Women Bear a Heavy Burden
    -------------------------------- 
    3. (C) Shriver and Gandhi engaged in an over one hour exchange that was lively and open and covered many issues, both personal and political. Shriver explained that she was concerned with women’s issues, including sexual abuse and exploitation and trafficking. Mrs. Gandhi replied that the situation for women in India is more troubling and traumatic than that in the US and other developed countries, as Indian women must deal with myriad problems not found in the west, such as child labor. In addition, most Indian women live in remote villages with severe “cultural compulsions” that work against women, making it difficult for the GOI to enforce the law. She pointed out that Indian women remain largely uneducated which is a “big problem” for Indian society and makes progress difficult. This compels the GOI to rely on television and radio to reach women with messages aimed at their concerns. Mrs. Gandhi noted that while she had a deep personal interest in women’s’ issues, she “only rarely” gave personal interviews aimed at female audiences.
    And Sonia Bears a Personal Burden
    --------------------------------- 
    4. (C) Without prompting and at her own initiative Mrs. Gandhi then spoke at length about her personal life. She revealed that after her mother in law’s murder Rajiv Gandhi was under intense pressure to take up the political mantle of the Gandhi family, but both Rajiv and Sonia were intensely
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    personal and had no interest in politics. According to Mrs. Gandhi, she urged her husband repeatedly to avoid politics, but he insisted. After Rajiv Gandhi became Prime Minister, Sonia was determined to avoid the limelight and “kept in the background.” She clarified that she accompanied her husband to official events, but refrained from making political statements. After her husband’s assassination, Mrs. Gandhi withdrew, working only on a charitable foundation established in Rajiv’s memory. In a candid revelation of her personal political stance, Mrs. Gandhi stated that “the right was becoming strong in India and Congress weak,” tipping her hand and “compelling” her to enter politics to protect the Gandhi family legacy. She also revealed that her children were “not keen” about the idea, but eventually told her, “whatever you decide, we will back you.”
    Turning Down the PM Spot
    ------------------------ 
    5. (C) Mrs. Gandhi was reluctant to provide details regarding her decision to turn down the Prime Minister post after the UPA’s surprise 2004 electoral victory, stating that “I am often asked about this, but tell people that I will write a book someday with the whole story.” She would only say that she “felt better” that someone else became PM and “did not regret” her decision. Shriver congratulated Mrs. Gandhi for her resoluteness and described her as “courageous.” Clearly embarrassed by this adulation, Mrs. Gandhi made no response. She elaborated, at Karan Singh’s insistence, saying that she was under lots of pressure, as the “party workers” were “very upset.” They “could not understand” why she, as party President, was not taking up the post, since they had voted for her and won a majority.
    Politics and Women
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    6. (C) Shriver noted that she chairs a “Women’s Conference” that brings 11,000 women to California to discuss relevant issues, and reinforced the point that “women can change the world.” Shriver invited Mrs. Gandhi to attend next year. She pointed out that last year’s keynote speaker was Sandra Day O’Connor, who spoke about balancing public and private life, and how she left the Supreme Court to look after her ailing husband and spend more time with her children. Shriver emphasized that Justice O’Connor also did not want to enter public life but was “pushed by her husband,” and noted how difficult it is to be a wife and mother and play a public role. Mrs. Gandhi made no commitment to attend.
    Indian Steps to Bring Justice
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    7. (C) Mrs. Gandhi explained the steps that her UPA government had taken and planned to take to help women achieve greater social mobility and rights. She explained that the GOI had instituted a “Panchayati Raj” program under which major decisions regarding the economic development of villages are made by Panchayats (village councils). To ensure female participation, Rajiv Gandhi had “reserved” 33 percent of the positions on the Panchayats for women. Although there were “some complaints” that the women were “manipulated by their husbands,” Mrs. Gandhi asserted that “research had confirmed that women will invariably take the right decisions.” She noted that the UPA now wants to extend the same reservations to Parliament and the Legislative
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    Assemblies. Mrs. Gandhi confirmed that currently the number of female MPs was “very small,” as “some parties believe that women should not be in power.”
    The Indian Contradiction
    ------------------------ 
    8. (C) Shriver pointed out that her trip had made her aware of the “great contradiction” between a society in which women occupied many leadership positions, including, at times, Prime Minister,” but still were denied many basic rights. Mrs. Gandhi agreed with Shriver, noting that several Indian states had female Chief Ministers, and that an increasing numbers of Indian women are CEOs of major corporations, doctors, and scientists, and “we will keep fighting.” She explained that the situation for women varied from state to state, and that South India was “more progressive” than the North for various historical and cultural reasons, and that, for example, the state of Kerala supplied nurses to much of the Middle East.
    Possible Indian Collaboration

    For transcript in detail click link . http://www.wikileaks.ch/cable/2006/08/06NEWDELHI5495.html