Friday, October 30, 2020
Home News Reports Chowkidar has caught a chor: Union Minister Arun Jaitley writes on OpIndia story exposing...

Chowkidar has caught a chor: Union Minister Arun Jaitley writes on OpIndia story exposing Rahul’s deals with scam accused FTIL, Unitech

Here is a man who makes reckless allegations without any basis. It was no rocket science for him to know who were conferring him with largesse, wrote Arun Jaitley

On 22nd March 2019, OpIndia had exposed Rahul Gandhi business dealings with scam accused FTIL and Unitech. OpIndia had raised several questions about why Rahul Gandhi was dealing with such scam accused when the Congress government was in the process of investigating these parties. FTIL was involved in the NSEL scam and Unitech, in the 2G scam. Union Minister Arun Jaitley took to Facebook to write a blog post on the OpIndia expose and raised questions on Congress President Rahul Gandhi. The OpIndia expose can be read here in full. 

The blog is reproduced below: 

How do parties and politicians fund themselves? Indian political parties were traditionally funded with cash i.e. black money. Many have now tried to get tax paid money due to the legislative changes and have started accepting donations either by cheque or through electoral bonds.

That, however, still does not fully answer the question. How many politicians lead a comfortable life without having any apparent and declared source of income? The Nehru-Gandhi family has been described by its supporters as India’s first family. It, therefore, should be a role model. Pt. Motilal Nehru gave up his law practice 98 years ago. Pt. Jawahar Lal Nehru was a tall political leader who was never a practising lawyer nor was Indiraji ever involved in any professional or business activity. The late Shri Rajiv Gandhi was an Indian Airlines pilot for a brief period and, thereafter, he was in full-time politics. On the basis of the available information, neither Smt. Sonia Gandhi nor Rahul Gandhi have ever worked for a living.

For generations, the family did not earn from any commercial ventures. They were in public service. Most people in public life sacrifice their commercial careers and lead a frugal life. Most members of the Nehru-Gandhi family studied outside the country for the last four generations. Not many of them excelled in scholarship, with Panditji as an exception. All have led to more than a comfortable life. They enjoyed vacations at multiple domestic and international locations.

The expose

An expose by media organisations revealed that the family owned a farmhouse in South Delhi which is now owned by the brother and sister of the current generation of the family. Periodically tenancies are created in favour of persons many of whom needed help when UPA was in power. A capital creation programme was launched. Rentals are paid by obliging tenants in advance. It is unlikely that the tenants ever needed to live in Delhi because they have had no business operation in Delhi. Not only did they pay large quantum of rentals as advance through make-believe tenancies, they also apparently paid for a large number of employees who managed the estate. The amount collected from these tenants through advance rentals and subsequently, the tenancies enabled the creation of the capital. Several crores of this capital thus created was invested with the real estate company under cloud and which, like the tenants, entered into a ‘sweetheart deal’ that from the moment the proposed buyer paid the advance towards the real estate to be purchased, one was paid back annually under an ‘assured income programme’. He thus got back a large part of his investment and the real estate.

Amongst the names of the tenants, the critical person is Jignesh Shah of FTIL and the real estate developer is M/s. Unitech builder through Sanjay Chandra. Who else would enter into such a ‘sweetheart deals’ except the ‘fly-by-night’ operators who needed State patronage?

Compromise of public interest through such questionable deals

Besides the reasonable apprehensions of the tenancies being an investment of ‘political equity’ by those entering into the ‘sweetheart deals’, what happened to Jignesh Shah? He had two companies – one with the large quantum of assets and the other which had ostensibly duped lakhs of investors. The investors were insisting that the Central Government amalgamate two companies and thus out of the amalgamated assets, the duped investors be paid. Till 2014, the UPA Government did not take any action. The investment of political equity have brought returns. It is only when the NDA Government under Shri Narendra Modi was formed that the Department of Company Affairs passed the amalgamation order which has been upheld by the Mumbai High Court and is now pending challenge in appeal before the Supreme Court. If the Government succeeds, the duped investors will get their investment back. You needed a ‘Chowkidar’ to catch a ‘Chor. ’With regard to Unitech, the less said the better. Besides the 2G involvement at the time the favours were shown, many flat buyers had been duped, their monies siphoned off and the banks were not paid back. The promoters, including one with whom Rahul Gandhi signed the arrangement, is still in prison. Under the ‘sweetheart deal’ out of the instalments paid, most have been repaid back under the ‘assured income scheme.’ Capital creation through ‘sweetheart deals’ is exactly what Rahul’s brother-in-law did.

Here is a man who makes reckless allegations without any basis. It was no rocket science for him to know who was conferring him with largesse. He aspires to be a Prime Minister. Such aspirants like Caesar’s wife must be beyond suspicion. They must be unsuspectable. With tainted hands, he must at least remember that ‘people in glass houses do not throw stones.’ The ‘Chowkidar’ has finally caught a ‘Chor.’

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

Former PM of Malaysia goes from talking about women’s ‘secret place’ to inciting genocide for insulting Islam in single tweet thread: Read details

Mahathir Mohamad justified the attacks on French people by Islamist terrorist saying that mere boycott could not compensate the wrongs of France.

‘We are proud’: Terroristan admits hand in Pulwama attack, minister claims victory of people under leadership of Imran ‘Taliban’ Khan

"Humne Hindustan ko ghus ke maara", Pakistani minister Fawad Chaudhry described how Pakistan orchestrated Pulwama terror attack

After Nice, another Islamic terrorist shouting Allahu Akbar attacks France’s Avignon, guard at French embassy in Jeddah attacked too

Three attacks have been reported in a single day, Mayor of Nice in France asks people to unit against "Islamofascisim terrorist attack"

Mumbai police intensifies witch-hunt, now wants details that would give him almost unfettered access to the Republic TV newsroom: Read details

Mumbai police have demanded access to the newsroom of the channel including the contact details, addresses and login IDs of journalists.

Witch-hunt continues: Parambir Singh sues Goa Chronicle and RVS Mani, wants to know if portal made money by publishing interview ‘defaming him’

RV Subramani had said in Goa Chronicle that a corporate house was behind appointment of Param Bir SIngh as Mumbai police commissioner

Why is Europe locking down instead of copying globally famous Kerala model?

The state of Kerala, under the visionary leadership of health minister Shailaja “Teacher” has a solution to Covid-19. Why wouldn’t the world just copy the Kerala model?

Recently Popular

‘Modi, Modi’ slogans inside Pakistan National Assembly: Here is what happened

The name of PM Modi echoed on Monday as members of Pakistan's opposition members chanted 'Modi, Modi' slogans inside Pakistan National assembly

Chinese state-run channel shows the portrait of Prophet Muhammad, netizens ask if Muslim nations will boycott China

Arslan Hidayat, an Uyghur Rights Activist, took to Twitter shared a video of a Chinese TV series on Twitter in which it was depicted that an Arab ambassador visiting China during the rule of Tang dynasty gifts a portrait of the Prophet Muhammad to the Chinese emperor.

‘His legs were shivering, head was sweating fearing attack by India’: Pakistani opposition leader reveals why Imran Khan govt had released Abhinandan Varthaman

PML(N) leader Ayaz Sadiq said that Pakistani Foreign Minister had feared that India would attack Pakistan if Abhinandan is not returned

Watch: Pro-India accounts disrupt Pakistan’s anti-India online meeting on Zoom, play pro-Hindu and Indian nationalistic songs

Indic social media users caused embarrassment to Pakistani authorities and diplomats after they raided their online event on zoom

Here are ‘liberals’ who hailed Imran Khan’s benevolence for releasing Abhinandan, while he was shaking in his boots, thinking of Modi going to war

The usual suspects declared Imran Khan 'won' despite the fact that it was Indian Armed Forces that destroyed terror camps in Pakistan.

France: Three killed, reportedly beheaded by an Islamic terrorist shouting Allahu Akbar at a Church in Nice

Three people have died of which at least two are reportedly beheaded in a terrorist attack at Notre Dame Church in Nice, France.
- Advertisement -

The Print columnist Zainab Sikander Siddiqui wants Charlie Hebdo to have the “guts” to mock the Holocaust if it wants to publish cartoons on...

Zainab Sikander Siddiqui ruled that Charlie Hebdo cartoons mocking other religions are not offensive, only cartoons on Islam are offensive

NBSA summons Zee News editor Sudhir Chaudhary for “divisive” report on the different types of Jihad, says it targets the Muslim community

NBSA asked Zee News Editor-in-chief Sudhir Chaudhary to appear for a hearing on November 26 via video conferencing

Former PM of Malaysia goes from talking about women’s ‘secret place’ to inciting genocide for insulting Islam in single tweet thread: Read details

Mahathir Mohamad justified the attacks on French people by Islamist terrorist saying that mere boycott could not compensate the wrongs of France.

AajTak, Zee News and others apologise after NBSA pulls up the channels for spreading fake news on Sushant Singh Rajput’s death

AajTak, Zee News and India TV air apology for its insensitive and sensationalised reporting of actor Sushant Singh Rajput’s death

India objects to Saudi Arabia over distorted map of India on new 20 Riyal banknote, asks to take urgent corrective steps

India registered objection over a distorted map showing Jammu and Kashmir separated from India in newly released 20 Riyal banknote

While Uddhav Thackeray govt stalled a development project to ‘save Aarey’, Shiv Sena-led BMC has now been fined for letting untreated sewage into the...

NGT has slapped Shiv Sena-led Brihanmumbai Municipal Corporation (BMC) a fine Rs 34 crore for letting untreated sewage into water

‘We are proud’: Terroristan admits hand in Pulwama attack, minister claims victory of people under leadership of Imran ‘Taliban’ Khan

"Humne Hindustan ko ghus ke maara", Pakistani minister Fawad Chaudhry described how Pakistan orchestrated Pulwama terror attack

After Nice, another Islamic terrorist shouting Allahu Akbar attacks France’s Avignon, guard at French embassy in Jeddah attacked too

Three attacks have been reported in a single day, Mayor of Nice in France asks people to unit against "Islamofascisim terrorist attack"

Mumbai police intensifies witch-hunt, now wants details that would give him almost unfettered access to the Republic TV newsroom: Read details

Mumbai police have demanded access to the newsroom of the channel including the contact details, addresses and login IDs of journalists.

Witch-hunt continues: Parambir Singh sues Goa Chronicle and RVS Mani, wants to know if portal made money by publishing interview ‘defaming him’

RV Subramani had said in Goa Chronicle that a corporate house was behind appointment of Param Bir SIngh as Mumbai police commissioner

Connect with us

245,563FansLike
471,219FollowersFollow
19,500SubscribersSubscribe