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.
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.
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 was still prime minister, Soviet trading agencies were channeling funds into a company controlled by her son and future Prime Minister .
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, 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 accountholders 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 inUBS, Switzerland. The money trail led to Virgin Island and to Saudi arms leader, , 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.