Once in a Blue Moon Academia (OBMA)

  An Open Letter to Shri Ajit Doval: Addressing the Menace of Superrich Wilful Defaulters An Open Letter to Shri Ajit Doval: Addressing the Menace of Superrich Wilful Defaulters Posted on 5th January, 2025 (GMT 13:30 hrs) ABSTRACT The open letter to Shri Ajit Doval, India’s National Security Advisor, highlights the escalating issue of superrich wilful defaulters undermining the nation’s economic stability. It contrasts the swift penalties faced by ordinary citizens for minor loan defaults with the impunity enjoyed by affluent defaulters, who collectively owe approximately ₹90,000 crore. Public Sector Unit (PSU) banks have written off substantial sums, including ₹68,000 crore during the second wave of COVID-19, raising concerns about financial governance and equity. Despite Red Notices from the National Crime Bureau, international actions, particularly by Interpol, have been ineffective, allowing individuals like Vijay Mallya, Nirav Modi, and Mehul Choksi to evade justice abroa...

  The House of Cards: The DHFL Debacle (MOVIE) The House of Cards: The DHFL Debacle (MOVIE) Posted on 3rd January, 2025 (GMT 12:00 hrs) OVERVIEW This agit-prop short film chronicles the origins of the DHFL scam, unraveling the layers of corruption and systemic failures that enabled one of India’s largest financial frauds. It delves into the root causes of the hardships endured by financially abused DHFL victims, exposing the exploitative mechanisms behind the so-called ‘bankruptcy’ and ‘insolvency’ narratives surrounding the AAA-rated NBFC DHFL. The film critically examines the unanswered questions that continue to haunt ordinary citizens, whose hard-earned savings were sacrificed at the altar of crony capitalism, facilitated by a regime deeply intertwined with the super-rich elite and their corporate allies. Yet, amidst the bleak revelations, the film concludes with a glimmer of hope. It envisions the power of collective struggle—a united front spanning both national and glob...

 Call for an In-Depth Probe into Alleged Underworld-BJP Ties in the DHFL Scam: An Open Letter to Shri Ajit Doval Call for an In-Depth Probe into Alleged Underworld-BJP Ties in the DHFL Scam: An Open Letter to Shri Ajit Doval Posted on 1st January, 2025 (GMT 16:25 hrs) ABSTRACT An open letter dated January 1, 2025, addressed to India’s National Security Advisor, Shri Ajit Doval, calls for a thorough investigation into alleged connections between the underworld, the Bharatiya Janata Party (BJP), and the Dewan Housing Finance Corporation Limited (DHFL) scam. The letter references media reports, including a 2019 exposé by Cobrapost titled “DHFL: The Anatomy of India’s Biggest Financial Scam,” which suggest links between figures such as Dawood Ibrahim, the late Iqbal Mirchi, Chhota Shakeel, RKW Developers (Dheeraj Realty), DHFL, and the BJP. The authors express concern over the lack of response to Right to Information (RTI) requests on the matter and note the BJP’s silence regardin...