It is not a coincidence that most of the big Ponzi operators are also in the media business and involved in sponsoring sports? The former gives them blackmailing power and the latter is an advertising expense.
The story involving two of the greatest icons of crony capitalism in India, wherein the former was tapping and recording conversation of the latter would be considered as one of the biggest stories of recent times.
We are caught in a terrible vicious cycle of arms import trap. The arms lobby is getting increasingly murderous. Here is the opportunity to unshackle and redeem ourselves.
So will the latest release have any impact on the ground? As of now, it seems that it will impact countries that are politically fragile (Ukraine, Pakistan), will result in loss of face for ruling dispensation (Iceland, United Kingdom), and will have negligible or little impact in counties like Russia and China.
Restoring the credibility of the NSE is far more important than the questionable reputation of the individuals at the helm of affairs who file defamation suits and fail to report RIL insider trading and refuse to be transparent.
This allegation of the information Commissioners having a pro- establishment slant is best illustrated with a real example of an appeal involving Reliance (RIL) which was decided by a three member bench during the period when the selection of the Chief Commissioner was taking place.
Central Bureau of Investigation director Ranjit Sinha is under fire for allegedly attempting to save corporates names in the 2G Spectrum Scam. The CBI chief is also accused of allegedly shunting out Santosh Rastogi, a DIG-rank CBI officer, of the investigation of all 2G spectrum scam matters.
We are a bit surprised to see so many prominent people being shocked at former Army Chief General VK Singh’s statement that Indian Army paid money to certain Jammu and Kashmir government ministers to maintain stability in the state. This is an open fact in Jammu and Kashmir.
Read this US State Department Cable originating from its Delhi Embassy on February 3, 2006. The cable, titled ‘Kashmiri Politics as filthy as Dal Lake’, was released by Wikileaks and reveals details about political corruption in Jammu and Kashmir.
Ever since, Nagpal took charge as SDM, she has been sending out special squads, to stop sand dredging and loading onto trucks. She has arrested 15 people and imposed fines of several crores on those caught. Hundred of trolley and dumpers have been confiscated. The sand mafia was obviously rattled.
In fact the entire construction industry was in a state of shock. And this construction industry is one of the biggest in the country – Sports City, Greater NOIDA Expressway, 82 colleges, four universities and apartment blocs upon apartment blocs. This requires sand. But license for mining along twenty miles of the river is granted only to one person. This dummy “miner” is the cover for hundreds of crores worth of sand.