NDTV Scam – accused of Laundering 5,000 Cr. in Yet Another Politically Connected Scandal .
Alleged_Money_laundering_scam_NDTV_India
CHENNAI: There’s one more “gate” within the works, it seems. Prannoy Roy supported NDTV – a listed entity – has been defendant of lavation the cash to the tune of Rs. 5,000 crores. I even have some details from Manushi (HT @puchoo for light the link) wherever an editorial by Madhu Kishwar brings a number of the main points to lightweight.
Ram Jethmalani, a lawyer-turned-politician, has purportedly written an extended letter to Chidambaram, accusatory him and NDTV of plenty of things, together with :
He says NDTV features a London subsidiary through that cash was “laundered”, that he says was Chidambaram’s (India’s finance minister’s) cash
A tax officer, SK Shrivastava, investigated NDTV and has, in keeping with Jethmalani, been defendant incorrectly of sexual harrassment, suspended and declared mentally insane (which was later withdrawn).
Two lady assessing officers (Shumana fractional monetary unit and Ashima Neb) were concerned additionally, says Jethmalani.
Further, S. Gurumurthy, who’s a CA and has done several elaborate investigations, writes to each Jethmalani and to Prannoy Roy of NDTV, in an exceedingly robust letter accusatory NDTV of those and additional. (HT Alpha Ideas)
There square measure multiple accusations, and let’s take them one by one.
The molestation Case and Abuse of the Law
The two IT officers – Shumana fractional monetary unit and Ashima Neb – defendant Shrivastava of molestation. The report of the Vishakha committee created to research this case has noted that there was no harassment of any kind. purportedly he used some unhealthy language, and this was construed as molestation. i feel this is often not what the law was created for – it had been to guard girls against overtures, and there have been no overtures discovered by the panel that had largely girls thereon.
Secondly, it’s vital to notice that Ms. Sen’s husband worked with NDTV, and Ms. fractional monetary unit was the assessing officer, supposedly, of NDTV.
The Europe Trip of Ms. fractional monetary unit Sponsored by NDTV
So Shumana fractional monetary unit apparently visited this fancy all expense paid Europe trip. Her husband worked for NDTV. Ms. fractional monetary unit says it had been a district of her husband’s earnings, however Gurumurthy determines it had been not as a result of nobody else at her husband’s (Abhisar Sharma) grade got this type of perk, and Jethmalani says it value Rs. 1 crore.
This would’ve been okay, but Ms. fractional monetary unit had assessed NDTV’s accounts, and given them a refund of Rs. 1.47 crores, in keeping with each Gurumurthy and Jethmalani. to boot, they say, this relationship wasn’t unconcealed by Ms. fractional monetary unit at the time of her assessment, and she or he didn’t say whereas reaching to the foreign trip that she had assessed NDTV that was paying for that trip. This, if true, could be a immense integrity issue, and should be investigated.
Unknown end-source of three hundred Million maximize Bonds Issued By NDTV
This is the lavation accusation. Jethmalani states that in 2006-07 a London subsidiary got three hundred million pounds within the United Kingdom of Great Britain and Northern Ireland within the style of change of magnitude coupon bonds (low initial interest payment, which matches up later). This was lying idle for concerning 2 years, he says, before it had been moved to the city NDTV entity in 2009 through a Mauritius mediator.
Both Gurumurthy and Jethmalani accuse NDTV of not revealing the ultimate supply of the cash that signed to those bonds. Further, Jethmalani says the liability was “written off” whereas Gurumurthy disputes Prannoy Roy’s submission that bondholders are paid off (because the proof of paying them back is incomplete or unreliable or absent!).
The whole Mauritius piece, in keeping with Jethmalani, concerned a visit to Mauritius by Ms. Ashima Neb (who if you recall was one in every of Shrivastava’s accusers of sexual harassment) that value upwards of Rs. 12 lakh, that he implies wasn’t paid by Ashima Neb.
Shrivastava was hounded
The work tax officer, SK Shrivastava, wasn’t simply defendant and later vindicated of molestation. He was suspended on these charges et al. too, says Madhu Kishwar. He was declared as having a disturbance and so unreliable by VIMHANS, a non-public hospital in metropolis, says Madhu. This report was quickly withdrawn once different doctors same there was no such drawback and there was a possible investigation by the Medical Council of India.
All of the 3 – Madhu Kishwar, Jethmalani and Gurumurthy aver that Shrivastava got the short finish of the stick for work the NDTV cash flow.
There’s a Legal Notice Too
Madhu Kishwar apparently received a legal notice with AN apologise-or-else kind of expression. It’s somewhat strange to send that sort of letter once you square measure a media entity yourself, to be honest. however I don’t suppose everyone’s being honest here.
I suppose if I indite it, I ought to get this type of notice additionally, however let Maine means to the lawyers, that I’m just about paraphrasing what others have same, and linking to what appear to Maine as documents that square measure unarguably letters written by the same gentlemen and woman. However, the worry of a legal notice can’t verify what you are doing in life, thus I’m posting this anyhow.
My View
There must be AN investigation. If it can’t be done currently, consecutive government ought to have it away. These accusations have huge variety of official documents with them, and that they appear to be they’re true. we’d like a true investigation and if the CBI should be referred to as in, they must be.
If the media has been funded by “black money”, then we must always extremely get to the supply of the maximize coupon bonds, although we tend to had to use the banking industry to try to to thus (i.e. get the united kingdom entity’s bank statements and ascertain wherever the cash was routed from).
False allegations of molestation build it straightforward for real harassers to accuse victims instead. this is often shameful and whereas the law permits no action, we’d like to search out the simplest way to make sure that such abuse isn’t tolerated.
It is straightforward to accuse Chidambaram of stopping investigations or of hounding Shrivastava, however the reports don’t appear to possess enough dope against him. The allegations that appear to be supported square measure the supply of the funds of the three hundred million pound bonds, and also the case of Ms. Sen’s husband being utilized with NDTV whereas she was the assessing officer. the remainder can still would like additional proof to prove wrongdoing.
But there’s a scam okay. The add of Rs. 5,000 cr. is somewhat giant (in my head, even 1/100th of that quantity is large). the govt. would move to permit a less partial investigation into this and provides a close reports in order that India, in Arnab’s dream conclusion, truly is aware of. Wow.
NDTV Scam – accused of Laundering 5,000 Cr. in Yet Another Politically Connected Scandal
Forgive my english grammar or other mistakes. Thank you.
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Forgive my english grammar or other mistakes. Thank you.
https://rbroy01.wordpress.com
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SBI chart – Best stocks to buy :
SGX Nifty – best stocks to buy :
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NDTV Scam – accused of Laundering 5,000 Cr. in Yet Another Politically Connected Scandal
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