Money Laundering by the Ruling Party of India: An Open Letter to the Financial Action Task Force (FATF)
Money Laundering by the Ruling Party of India: An Open Letter to the Financial Action Task Force (FATF)
Posted on 09/02/2024 (GMT 13:04 hrs)
DEAR DHFL VICTIMS, MANY OF YOU ARE ACCUSING US FOR MIXING UP POLITICS WITH THE DHFL SCAM. WE CANNOT HELP BUT DO SO BECAUSE WE ARE ZOON POLITIKONS OR POLITICAL ANIMALS. THE FOLLOWING NARRATIVE IS A SOLID PROOF OF THE UNDERLYING POLITICAL CAUSATION OF THE SCAM ALONG WITH THE PREDETERMINED ROLE OF CRONY BUSINESS TYCOONS IN THE SAME. WE ARE REQUESTING YOU TO READ SECTION IIa AND THE VIDEOGRAPHED CONVERSATION BETWEEN MR. KAPIL SIBAL AND MR. P. CHIDAMBARAM FOR FURTHER CLARIFICATIONS. We can’t help but to cite Bertolt Brecht, “The worst illiterate is the political illiterate, he doesn’t hear, doesn’t speak, nor participates in the political events. He doesn’t know the cost of life, the price of the bean, of the fish, of the flour, of the rent, of the shoes and of the medicine, all depends on political decisions. The political illiterate is so stupid that he is proud and swells his chest saying that he hates politics. The imbecile doesn’t know that, from his political ignorance is born the prostitute, the abandoned child, and the worst thieves of all, the bad politician, corrupted and flunky of the national and multinational companies.”
I. Introduction
We, as contingent citizens (yet to be proved through the discriminatory CAA-NRC-NPR-DPA⤡⤡⤡) of India, are writing this open letter to you with the aim of voicing a few necessary concerns with regard to one of your 39 member-countries, i.e., India.
While surfing through your website and open resources, we are surprised enough to find that the countries listed under “high risk jurisdictions subject to a call for action” or liste noire (not using the term “black list” to avoid the racist connotations) does not contain India as its component, neither is it a part of the “grey list” or jurisdictions under increased monitoring.
However, it is more than obvious to the politically conscious citizens of India that money laundering is the order of the day in this country at present, given the activities of the current ruling party, viz., the Bharatiya Janata Party (BJP). India being a part of the global economy and as a major arena of dubious, opaque and deviational activities, should have been made a part of the liste noire, since it meets the standard of a high-level of state-sponsored criminal activities related to the financial sector.
It is to be remarked here that India is categorized by the US State Department as a Country/Jurisdiction of Primary Concern with respect to Money Laundering and Financial Crimes.⤡ ⤡
What is stopping the FATF from doing the same as well?
Your website shows: “India has not yet been assessed in the fourth round of mutual evaluations. Due to the COVID-19 pandemic and the pause in the FATF’s assessment process, the mutual evaluation of India has been postponed to 2023.”
It is 2024, and there is no proper or thorough initiative (absence of any follow-up reports) on your part to tackle India’s heinous financial crimes at any point. We sincerely hope that your body shall soon take action based on the following points, which we are going to summarize for your kind and urgent perusal.
We did hear that one of your teams arrived in India at the end of 2023:
FATF team in India to hold on-site review meetings VIEW HERE ⤡ (As reported on 15th November, 2023 ©The Hindu)
Your team even stated the following:
‘Violent extremist organisation’ in India collected funds through well-structured networks: FATF report VIEW HERE ⤡ (As reported on 4th November, 2023 ©Indian Express)
However, it should be remarked that your focus was directed to somewhat partial issues in only talking about “…a violent extremist organisation under investigation collected funds through well-structured networks spanning the entire country. Resorting to solicitation at mosques and public places, the group’s fundraising tactics included offline and online mechanisms, such as circulating QR codes and account details through which donors were asked to send money.”
The present open-letter would be aimed towards clarifying far larger and much worrying issues at the broadest possible scale, which involves the BJP at the centre of the narrative.
India has been characterized in many international indexes as a “partly free”, “unhappy”, “poor”, with “data opacity, data paucity and data denial”, with the most “hungry population” and so on. Thus, India’s situation has become much more “wounded” during the BJP’s crony oligarchical regime. Why don’t you report it and take the suitable course of action?
We will be going through the principal points that make BJP a primary/chief undertaker in carrying out drug-related crimes, terror-funding, human trafficking and other means of money laundering, thus making it pertinent that India is suffering from grave AML/CFT deficiencies, which are to be addressed as soon as possible.
II. The Instances: Dirty Hands of the BJP
a) The Dawood-Iqbal Affair and the DHFL Scam:
In January 2019, Cobrapost reported that the BJP is involved in terror-funding (or political charity or political donations) through the proper-channel of Dawood Ibrahim, late Iqbal Mirchi, Chhota Shakeel, RKW Developers (Dheeraj Realty) and the Dewan Housing Finance Corporation Limited (DHFL). The collusion was reported and it was followed by the corporate insolvency resolution process (CIRP) from December 2019, showing concerns for “fraudulent transactions” and “loan defaults” (which have not been yet definitively proved) for the DHFL when it was still a profitable, ongoing concern meeting its payment obligations on time. This paved way to major haircuts for lakhs of the small investors of the DHFL, who were made the victims of financial abuse.
i) A WHITE PAPER ON THE DEWAN HOUSING FINANCE CORPORATION LTD. (DHFL) VIEW HERE ⤡
ii) THE CHRONOLOGY OF THE DHFL SCAM VIEW HERE ⤡
This whole “DHFL scam” was undergirded by the BJP’s terror-funding variable, which was deliberately sidelined and all the blame was put on the ex-promoters/suspended owners of the DHFL, the Wadhawan Brothers.
We, being DHFL victims, thus filed an RTI, inquiring about the details of this very fact of political collusion/nexus between international terrorists, the Mumbai underworld and the BJP:
When the concerned authority of the RTI gave us a negative (ambiguous?) response, some of the DHFL victims had requested the President, BJP and the Sarsanghchalak of the RSS (a non-registered Hindu extremist group) to file a defamation case against the media houses, who had spread such “rumors” against a party, which is “not a public authority”⤡.
However, till date no such defamation case has been filed either by the BJP or by the RSS against those newspapers. They are still completely silent about the whole issue.
Does it prove their agreement to this reported news by following the common proverb: “mounam sammati laksanam” (silence entails consent)?
In connection with the DHFL Scam, there is another activity with legal conflict: The Flashnet Scam. The DHFL can be considered as a return gift from the ruling party to Mr. Ajay Piramal (secondary kin of BJP’s favoured tycoon: Mr. Mukesh Ambani) for Mr. Piramal’s “services” to the BJP during the Flashnet Scam when one of BJP’s Union Ministers, Mr. Piyush Goyal, was involved in the same:
Thus, it falls under the Prevention of Money Laundering Act, 2002 (PMLA). One can say that “Physician Heal Thyself” before attacking Opponent Parties in this very special case of the DHFL scam! Isn’t the Islamophobic BJP (responsible for ethnic “cleansing” multiple times, especially in Gujarat pogrom, 2002) a predicate offender in both the Flashnet and the DHFL scams, in the latter due to the terror-funding via Dawood Ibrahim and Co.?
The Idea of Embezzlement: Moreover, though the BJP is a self-proclaimed Hindutvavadin or “Hindu” Fanatic, they commit sins, which are against their own scriptures. In the context of the DHFL scam, the same thing happened: embezzlement, as mentioned in FATF’s FAQ objectives.
“When criminal funds are derived from robbery, extortion, embezzlement or fraud, a money laundering investigation is frequently the only way to locate the stolen funds and restore them to the victims.”
The DHFL case is also a case of live embezzlement. Since you have mentioned on your website that it is one of your aims to return the embezzled funds to the victims, we, the DHFL victims, sincerely urge for the same from you.
b) Horse-Trading Factor:
The BJP has openly involved itself in horse-trading activities for buying MPs and MLAs of other parties after/or at the cusp of election results in multiple states of India over the past 10 years of its rule (Operation Lotus or Kamala⤡, as the BJP has named it for running “Double Engine Sarkar”⤡, i.e., both center and state must be ran by mono-party system):
‘BJP may indulge in horse-trading after results, misuse ED’ VIEW HERE ⤡ (As reported on 19th November, 2022 ©The Times of India)
Shiv Sena alleges horse trading as BJP puts up 3rd Rajya Sabha candidate VIEW HERE ⤡ (As reported on 31st May, 2022 ©Economic Times)
BJP carried out heinous horse-trading in Karnataka; Congress on govt fall VIEW HERE ⤡ (As reported on 24th July, 2019 ©Business Today)
BJP spending crores in bid to topple Maharashtra govt, claims VIEW HERE ⤡ (As reported on 29/06/2022 ©Indian Express )
Whatever Going On In Maharashtra Not Good, Horse-Trading Happening There: Ashok Gehlot VIEW HERE ⤡ (As reported on 25/06/2022 ©The Outlook)
Maharashtra Updates: BJP’s Intentions Of Horse-Trading Clear, Says Shiv Sena VIEW HERE ⤡ (As reported on 25/06/2022 ©The Outlook)
BJP has become the “political laundry” or kind of a washing machine for members of other political parties, e.g., in Maharashtra, after Ajit Pawar of the Nationalist Congress Party (NCP), who is currently the Deputy Chief Minister of Maharashtra, was accused in the 70k Crore Irrigation Scam, he submitted to the BJP and managed to get recognition from the Election Commission as well! Such examples are numerous…!
NCP factionalism fallout. Probe into Maharashtra’s ₹70,000-cr irrigation scam hangs in balance VIEW HERE ⤡ (As reported on 13th July, 2023 ©Businessline)
NCP’s Ajit Pawar faction distributes sweets in Pune after ECI recognition, Sharad Pawar loyalists attack BJP over split VIEW HERE ⤡ (As reported on 8th February, 2024 ©Indian Express)
Suvendu Adhikari, the present leader of Opposition in West Bengal, had become “clean” after he was accused in the Narada bribery scam, whereby he joined the BJP overnight.
Suvendu, host of TMC leaders join BJP at Amit Shah’s rally VIEW HERE ⤡ (As reported on 19th December, 2020 ©The Hindu)
Mr. Adhikari managed to win a seat in the Legislative Assembly in 2021 from Nandigram by manipulating the EVM with the help of the Election Commission. At the time of counting, the Nandigram counting booths suddenly underwent a power cut, when the results were about to be declared that it was Mamata Banerjee, who won from the constituency! One can easily guess why that power cut took place!
Bengal panchayat polls: Ballot boxes set on fire, filled with water, thrown into pond and some in ‘relay race’ VIEW HERE ⤡ (As reported on 9th July, 2023 ©The Times of India)
How do we choose then? Where would the voters stand then? No question of choosing anyone!
Recently, the Mayor Election in Chandigarh saw such similar tampering activities by the Presiding Officer, who was caught red handed by the CCTV footage.
Democracy on edge as BJP steals Chandigarh election from Congress-AAP alliance VIEW HERE ⤡ (As reported on 31st January, 2024 ©The Frontline)
c) The Booth Capturing/Vote Manipulation/EVM Fraud/Tampering Tactics:
The BJP in elections (or whoever in the power) has taken a principal role in manipulating votes in its favour by money and muscle power as well as by using technological means to control EVMs in polling booths.
Though all tech-savvy countries of the world do not use the EVM or VVPAT for conducting elections (since they can be easily tampered with), India is still using both. The window of the VVPAT has become opaque during the NDA/BJP regime. On the other hand, the ballot paper-based voting system is also not full-proof as well, since it could also be controlled by deploying party-sponsored coercive forces.
BJP, 2019 polls & ‘vote manipulation’: Why Ashoka professor’s paper has kicked up controversy VIEW HERE ⤡ (As reported on 5th August, 2023 ©The Print)
A new research paper argues manipulation in 2019 polls – what does this mean for EC? VIEW HERE ⤡ (As reported on 14th August, 2023 ©The Scroll)
Was the 2019 Lok Sabha Election Really Manipulated? VIEW HERE ⤡ (As reported on 13th August, 2023 ©The Wire)
From the Will of the People to the Whim of the Machines VIEW HERE ⤡ (As reported on 10th December, 2022 ©The Wire)
If EVMs not ‘fixed’ before LS polls, BJP can win over 400 seats: Sam Pitroda VIEW HERE ⤡ (As reported on 28th December, 2023 ©The Hindu)
So at the present age,
“That a political party which works for the defense and growth of capitalism is called “Socialist, “ and a despotic government “democratic,” and a rigged election “free” are familiar linguistic – and political – features which long pre-date Orwell.” (Marcuse⤡)
See Also: Towards a New Word Order VIEW HERE ⤡
d) Electoral Bonds and PM CARES Scam:
The Electoral Bonds are another way for the BJP to launder money under the veils or disguise of being a so-called “corruption-free party”. One cannot file RTIs to elicit any information regarding such activities of BJP, whereby the identity of the donor remains unknown (and unknowable?)! It is only revealed to the ruling party.
The issue of this transparently opaque Electoral Bonds was pointed out by the CJI of the Hon’ble Supreme Court of India, who stated that the Electoral Bonds issue is a case of bribing the ruling party.
One may directly hear it from the apex court:
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