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Showing posts with the label #SuperrichWilfulDefaultersInIndia

An Open Letter to Shri Ajit Doval: Addressing the Menace of Superrich Wilful Defaulters

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  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...

Who are the Money-Mongers in India: Hindutvavadins or Muslims?

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Who are the Money-Mongers in India: Hindutvavadins or Muslims? Who are the Money-Mongers in India: Hindutvavadins or Muslims? Posted on 25th June, 2024 (GMT 15: 50 hrs) Compiled by  Partyless Society⤡  &  Occupy Dalal Street⤡ [Disclaimer: The following text represents the bare facts of money along with interest as treated by two different religious communities. The compilers of this text do not provide any relative importance/appeasement/antonymic privilege to one community above the other. This article/compilation attempts to break the myth of Islamophobia as it is found in the regime of Bharatiya Janata Party/BJP since 2014.] I. “Interest” as a Sinful Act It is found that in the different money-centric institutions in India, a large amount of money belonging the depositors of a certain community is lying unclaimed. Surprisingly enough, these unclaimed frozen amounts are astronomical in its figures: 1.5 trillion dollars of Muslims’ deposit interest lying unclaim...