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Showing posts with the label #DHFL_SCAM

Occupation Before Finality: How Piramal’s Takeover of DHFL Allegedly Subverted Due Process with BJP’s Institutional Enablement

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  Occupation Before Finality: How Piramal’s Takeover of DHFL Allegedly Subverted Due Process with BJP’s Institutional Enablement Posted on 15th September, 2025 (GMT 03:10 hrs) ABSTRACT The DHFL insolvency reveals how India’s ill-conceived IBC framework enabled “occupation before finality,” letting Ajay Piramal allegedly seize control despite pending appeals—turning depositors into guinea pigs in a neoliberal lab. Cobrapost exposed DHFL’s links to Dawood Ibrahim and Iqbal Mirchi networks, funnelling BJP donations as terror-financing in the name of political donations, while Piramal’s own Electoral Bonds, PM CARES, and Flashnet ties deepened the crony nexus with the BJP. What emerged was not resolution but reportedly an oligarchic lawfare, where judicial pliancy, executive patronage, and opaque financing converged into a paradigm of selective justice and political capture. DISCLAIMER: This article is intended solely for informational, academic, and public interest purposes. It i...

Open Press Release: An Urgent Appeal to India’s Non-Godi Media on Press Freedom, Censorship, and the DHFL Scam

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  Open Press Release: An Urgent Appeal to India’s Non-Godi Media on Press Freedom, Censorship, and the DHFL Scam Posted on 24th August, 2025 (GMT 09:50 hrs) ABSTRACT The DHFL scam is not merely a financial fraud but a glaring testament to India’s descent into crony oligarchy, where state-corporate collusion, regulatory failure, and alleged judicial bias have enabled systemic looting of public wealth, leaving millions of ordinary citizens—senior citizens, employees, NRIs, and middle-class investors—silenced and dispossessed. Alongside IL&FS, PMC Bank, and Yes Bank, DHFL exemplifies a decade-long pattern of engineered bankruptcies that enrich tycoons like Adani, Ambani, and Piramal while gatekeepers—auditors, credit rating agencies, and celebrity endorsers—escape accountability. Victims face SLAPP suits, denied justice, and deliberate erasure from mainstream and even non-mainstream media narratives. We, the Once in a Blue Moon Academia (OBMA), on behalf of the DHFL victims, ...