213. The Top Private Companies

213

A SUBSTANTIAL SHARE

          The last mail was submitted to His Excellency the President of India on November 22, 2012. The same mail was sent to the Supreme Court of India, Indian Army and Indian Air Force.   Later, it was sent through post to the President of India and the Chief Justice of India, and posted in the blog www. howeverythinghappenedinindia.blogspot.com

      The Union Government, on 23 November 2012, sold 5.58 per cent shares of the public sector Hindustan Copper Limited (HCL) for Re.800 crore. It was arbitrage trading because the public sector financial institutions bought them.

        The Government of Maldives (GoM), on 27 November 2012, cancelled a $500 million contract given to the GMR by the Government of Mr. Mohamed Nasheed in 2010 to construct an airport at Male. The GoM said that the agreement was a void one from the beginning. The GMR is an Indian company.

      The fear that the private companies all over the world would be reluctant to complete this work did not deter the GoM from taking the above decision. It did not want to use its independence to depend on the GMR. Thus, a tiny nation has shown a new way to escape.

        According to a study that came out on 27 November 2012, September born children get 10 per cent more marks in the Tamil Nadu State Board Examination than classmates born in other months. This is because the virtual cut off for a child to join school is the end of August. Therefore, the children born in September will be the oldest students in a class.

     Many parents are aware of the above fact and act accordingly. But none looks at the mark scored by a student through this angle. Now the above finding confirms the fact that the mark sheet is not the sole index of the intelligence of any student.

       The above finding must open the eye of the Government. It must seriously consider the question of introducing a definite quota of seats for every State in all “All India Examinations”.

       The Nuclear Power Corporation of India (NPC), on 24 November 2012, submitted in the Supreme Court of India that the nuclear waste from Kudankulam Nuclear Plant would be dumped in the defunct Kolar Gold Mines (KGM). This statement led to widespread protests in the Karnataka State. Therefore, the NPC had to withdraw the statement within two days.  

      Evidently, every man needs electricity. But, no man is ready to keep even a gram of the spent fuel in his vicinity. Here, even the learned judges reverse their own reasoning. Therefore, if the Supreme Court has taken a negative decision, it is going to hear the case secretly and the people around Kudankulam alone would be affected.

           Former Union Minister Mr. Arun Nehru, on 2 December 2012, said that there must be a balance between the right to freedom of expression and the ability of the state to restrict that on reasonable grounds. According to him, a few suffer in the process.

      Thus the manipulators pity at the plight of this writer.

     Income Tax Department decided to begin prosecution action against those with substantial amounts in the HSBC's Geneva branch.  The Department had written to the Ministry of Finance to suggest a bench mark for the funds to take legal action. It is going to be a headache for the Supreme Court of India because it would set a precedent.

     Chief Justices and judges from 61 countries stood in a queue to pay tribute to Mahatma Gandhi at Rajghat in New Delhi on 6 December 2012. The newspapers all over India published a photograph of this.

       The media makes some people great by publishing their words; and some others great by concealing their words.

        The Indian Parliament, on 7 December 2012, approved the Foreign Direct Investments (FDI) in multi-brand retail. This would enable the Supreme Court of India to identify the holders of black money.

        The Supreme Court of Singapore- the competent court -on 7 December 2012, said that the GoM could expropriate the airport from the GMR.

      On the next day, the Maldives Airport Company Limited took over the airport from the GMR. The transition went down as a bright page in the history of Maldives.  

       If the Supreme Court of India were free, it would have restored the Mumbai and Delhi airports - based on the work of this writer - long before this judgment.

       If the courts in other countries are free, they might take a leaf out of the above judgment.

     The Economic Times, on 9 December 2012, said that India lost its strategic importance in the Indian Ocean due to the GMR contract. It suspected the involvement of a third country in the episode. However, the President of Maldives, Mr. Waheed, denied the involvement of China.

         Whatever happened, India must annul the trade imbalance with China within three to five years.

       

        Defense Minister A.K. Antony, on 10 December 2012, disclosed that the armed forces were facing a shortage of 13,000 officers and 53,000 personnel.

          If the government persists with the present policy, the newly recruited soldiers are going to knock at the doors of the private parties for their pension. This happens because hundreds of letters addressed to the armed forces by this writer failed to open their eye. They do not care for their own men.

      The Global Financial Integrity on, 19 December 2012, said that India lost $ 123 billion through illicit financial outflow during the period from 2001 to 2010. This is consistent with the prediction of this writer.

        The Central Government Employees Union went on a token strike on 12 December 2012, as a protest against the Pension Fund Regulatory and Development Authority Bill.

       If the Union Government is ready to invest 20 percent of the ‘pension premium’ in land, it could pay pension to all employees – private sector included. But, the government abdicates this responsibility in private interest.

     The beneficiaries are a few top private companies. As they have denied freedom and democracy for this, their assets now belong to the people.

    The Kingfisher Airlines, on 11 December 2012, lost six aircraft owing to non-payment of lease rentals. Apparently, some other top private companies have decided to ditch it. Otherwise, the public sector Life Insurance Corporation of India (LIC) might have given money in the pretext of buying its shares.

       The Union Government, on 12 December 2012, sold 68.69 crore shares of the public sector NMDC for about Re. 6000 crore. As the beneficiaries have denied freedom and democracy, their assets now belong to the people.

      The Directorate of Enforcement, on 12 December 2012, attached Re.884 crore worth assets of the former minister of Karnataka, Mr. Janardhana Reddy, in a mining case.

        Ninety percent of the ores go into the hand of the top private companies. They interfere with another’s liberty of the same nature. In fact, they send the small beneficiaries to jail.  This happens because the Supreme Court of India is not ready to use its wisdom to guide the  leaders administering the affairs of the country.

      Now, as the big beneficiaries – a few top private companies- have denied freedom and democracy, their assets belong to the people.

      The initial public offering (IPO) of the Bharti Infratel of Sunil Bharti Mittal was subscribed 1.3 times. It sold 18.89 crore shares and got about Re.4000 crore.

      The public sector State Bank of India (SBI) auctions the houses of housing loan defaulters.  It does this even for an arrear of Re. 100000/- (one lakh). At the same time, the public sector Life Insurance Corporation of India (LIC) gives money to a top private company in the pretext of buying its shares.

        As the beneficiary has a substantial share in the denial of freedom and democracy, his assets in India and abroad belong to the people.

      Wife of Non-Executive Chairman of the Zee News Mr.Subhash Chandra, said that Mr. Naveen Jindal was silencing the media.

      This writer brought the last letter to the notice of the Zee News through an email. But the latter did not inform this to the people. In fact, Mr. Subhash Chandra and Mr. Naveen Jindal are one in silencing the views of the people.

    The GMR Company, on 12 December 2012, sought a compensation of $800 million from the GoM. It had invested $511 million in the Ibrahim Nasir International Airport at Male before the cancellation of the contract.

       On the next day, the Government of India revealed in Parliament that the Department of Income Tax had carried out search operations in the offices of the GMR for alleged violation of tax laws.

      Did the GMR siphon off any black money to Maldives? If the top private companies spread Indian money all over the world like this, what would happen to the foreign exchange?

      On 13 December 2012, Tata Telecommunication sacked 300 employees of the former public sector VSNL. All employees must be reinstated with back wages.

    The government must guarantee security of service and pension benefits to the private sector employees. It shall not abdicate its responsibility.

       The Chairman of Tata Sons, Mr.Ratan Tata, advised his successor, Mr.Cyrus Mistry, that his actions must stand the test of public scrutiny. He cautioned that the refusal to bring in course correction would lead to the demise of any company. He confessed that he might have hurt some people. He added that he did the right thing without compromising on anything.

        Mr. Tata has been the Chairman of a few top private companies. Why does he talk like this now? What clouds his otherwise happy and successful career? Did he hurt the feelings of the people? Does he mean the above mentioned employees of the VSNL? Does he think that he had been a party to some horrors? Nothing is clear.

    Prime Minister Manmohan Singh, on 15 December 2012, said that  those opposing the FDI in retail were “ignorant” of realities.

      Prime Minister Manmohan Singh, 15 December 2012, said that the economic inequality that existed in India gave him great pain. He added that the disparity in income could not be eliminated in a short run.

     It must be noted that he talks like this, after giving Re.three lakh crore to a few top private companies.

     In this connection, it must be noted that Re. one lakh  does not grow into Re. two or three lakh  in two or three years. But, Re. ten crore easily grows into Re.twenty or thirty crore in two or three years easily. Anyone could gauge the consequences of giving Re. three lakh crore to the top private companies.

        In an article in The Economic Times dated 17 December 2012, Chairman of Vedanta group Mr. Anil Agarwal said that India could add about $1 trillion within 3-4 years by exploiting the natural resources. His message was that the natural resources must be handed over to some top private companies in the Hindustan Zinc Limited (HZL) model.

          As he has denied freedom and democracy, his assets now belong to the people.

           This is letter No.213. The present Chief Justice of India is not seen anywhere. Even the literates do not know his name. Is he afraid of airing his own views? Alternatively, does the media strange his words? He must be free from fear and favoritism. His silence now demoralizes the people.

       

       The facts from 22 November 2012 to 25 December 2012 are being submitted to Mr. Pranab Mukherjee, His Excellency the President of India, on 26 December 2012.

             The same letter is being sent to the Chief Justice of India, and the Chiefs of the Indian Army and Indian Air Force for necessary action.

V. Sabarimuthu

26-3 Thattamkonam

Vellicode

Mulagumoodu

629167

Tamil Nadu State

INDIA

Phone: 04651275520. Mobile:9486214851

26 December 2012.

V.Sabarimuthu

      

212 Dr. Manmohan Singh - Diwali

212

DEEPAVALI /DIWALI

          The last mail was submitted to His Excellency the President of India on November 12, 2012. The same mail was sent to the Supreme Court of India, Indian Army and Indian Air Force.   Later, it was sent through post to the President of India and the Chief Justice of India, and posted in the blog www: howeverythinghappenedinindia.blogspot.com

         In his “Deepavali/Diwali” message, Prime Minister Manmohan Singh, on 12 November 2012, expressed the hope that the festival of lights –Deepavali -  would mark the beginning of a new phase of optimism.

      Dr. Manmohan Singh had been called upon to function as the Finance Minister of India under Mr. P.V. Narasimha Rao (1991-1996). As Finance Minister, he allowed some brokers like Mr. Harshad Mehta to squeeze the banks. The brokers, in turn, diverted the money to Stock Market for their personal transactions. As a result, the value of some shares increased by thousands of times.

       Dr. Manmohan Singh became the Prime Minister of India in 2004. He knew that Re.3 lakh crore was rotting in the Provident Fund (PF) account. He wanted to secretly hand over this money to the people responsible for making him the Prime Minister of India. It took about four years to hand over this money to them.  Since then, he has been utilizing his time to cover up this matter.

        The Re.3 lakh crore has generated about Re.30 lakh crore in black money.

          Now, he wants to mix the black money with the FDI ( Foreign Direct Investment). This would make the recovery of the back money more difficult, if not impossible. This will be a Deepavali for the holders of black money.

     A TV channel, on 14 November 2012, said that there was a sense of gloom in the Stock Market. The reason for this message was the last letter.

     As directed by the Supreme Court of India, the Union Government, on 14 November 2012, auctioned about two third of the 2G spectrum for Re.9400 crore. The act of auctioning the natural resources that yield profit over a certain maximum is out and out unconstitutional.  The denial of freedom of expression is the root cause for this predicament. The seal of the Supreme Court would not convert the auction into a constitutional one.

     BJP leader and Member of Parliament (MP) Mr. Balbir Punj said that the corporate houses were holding Re.9 lakh crore in cash reserves. The New Indian Express, on 17 November 2012, published this.  This is the accounted money. In contrast, the government has no money for any investments. 

       Prime Minister Manmohan Singh came face to face with US President Barack Obama at Phnom Penh in Cambodia during the East Asia Summit on 20 November 2012. The Prime Minister congratulated him on his re-election. Mr. Obama replied that India was a big part of his plan. There was no separate meeting between the two leaders due to paucity of time. Is the “paucity of time” related to the denial of freedom to Indians? The fact that the USA could have given freedom to Indians long ago is a different matter.

      The Reserve Bank of India (RBI), on 21 November 2012, banned bank loans to buy gold. When it gave Re. 3 lakh crore in the PF to private parties, it did not take this action. The Governor of the RBI must give an answer for this anomaly.

     

       The Union Government, on 21 November 2012, decided to sell 4 percent shares of the public sector Hindustan Copper Limited (HCL) on Friday the 23^rd November 2012. In order to make the decision a constitutional one, the government must show this work to the people.

      The Union Government, on 21 November 2012, directed the public sector Life Insurance Corporation of India (LIC) to buy up to 30 per cent shares of the private companies. The LIC allots about Re.60,000 crore every year to buy shares.

          If the government had allowed the LIC to allot 30 percent of its premium income to buy properties, the policy holders would have got five to ten times the  insured amount for, say, a 15-year policy. Instead, the private companies removed the money without any repayment obligation and invested it in properties. As the beneficiaries have denied freedom and democracy, their assets now belong to the people. Only when this happens, Deepavali would mark the beginning of a new phase of optimism.

     This is Letter No.212. The majority of Indians are illiterate. They cannot speak. Yet, they have a right to hear the views of others. Prime Minister Manmohan Singh is not ready to give this right to them. Therefore, when someone speaks, it is the divine duty of the Supreme Court of India to protect their rights. Then 1000 million people would breathe an air of freedom.

       The facts from 12 November 2012 to 21 November 2012 are being submitted to Mr. Pranab Mukherjee, His Excellency the President of India, on 22 November 2012.

             The same letter is being sent to the Chief Justice of India, and the Chiefs of the Indian Army and Indian Air Force for necessary action.

V. Sabarimuthu

26-3 Thattamkonam

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Mulagumoodu

629167

22 November 2012.

V. Sabarimuthu

Mr. RAHUL GANDHI

211

THE SENTINEL OF LIBERTY

          The last mail was submitted to His Excellency the President of India on October 27, 2012. The same mail was sent to the Supreme Court of India, Indian Army and Indian Air Force.   Later, it was sent through post to the President of India and the Chief Justice of India, and posted in the blog www: howeverythinghappenedinindia.blogspot.com

       Sitting beside Mr. Anna Hazare, former Army Chief of India V.K. Singh, on 29 October 2012, said that the ruling parties and the opposition parties had closed ranks to loot the country. He termed the Government as an unconstitutional one. He disclosed his decision to fight against black money. He had received hundreds of letters from this writer. Yet, he is behind this writer by hundreds of letters. However, if he talks like this, the media would ‘strange’ his words.

     The Broadcast Editor’s Association, on 29 October 2012, suspended Mr. Sudhir Choudhary, Zee News Editor, for demanding Re.100 crore from Congress MP and businessman Naveen Jindel.

    

     Mr. Sekher Basu, Director, Bhabha Atomic Research Centre (BARC), on 29 October 2012, said that India had not identified any suitable location for storing the nuclear waste.  The apprehension of the anti-nuclear protestors at Kudankulam is justified because the people of one area or other would be affected by the nuclear waste.

      He, further, said that the nuclear waste would not be radioactive after 300 years. He should have mentioned the names of the isotopes with half –life period less than, say, 100 years.

    Considering everything, even the nuclear reactor at Kalpakkam -near Chennai - must be shut down immediately.

          The New Indian Express, on 4 November 2012, through Mr. Arun Nehru, said that issues were being recycled from the past for a reaction. He added that interested parties would give anyone the 'Mahatma' status for taking a stand against any form of authority.

        The Government of Orissa state, on 4 November 2012, asked the  Tata Steel, Essel Mining, Sarada Mines, public sector Orissa Mining Corporation and a few other small  mining companies to pay about Re.50,000 crore for illegal and excess mining.

      Mr. Niranjan Patnaik, President of Orissa Pradesh Congress Party, however, said that the demand should have been for Re.2,50,000 crore.

      The natural resources are the biggest source of black money in India.  As the beneficiaries have denied freedom and democracy, their assets now belong to the people.

       In a public meeting at New Delhi, on 4 November 2012, Congress leader Mrs. Sonia Gandhi quoted the saying, “Those who dig ditches for others find a well ready for them”. She added that her conscience was clear.

        In the above meeting, Mr. Rahul Gandhi – her son -  said that the Indian political system was a closed one for the poor. He added that not even a single political leader had talked about opening the system.  Here, he played the role of Sentinel of liberty. This work is the proof for his statement. But, the people did not understand the meaning of his words.

  Earlier, he had played a pivotal role to give Re. 3 lakh crore rotting in the Provident Fund (PF) to private parties.

          In the above meeting, Prime Minister Manmohan Singh said that the FDI would ensure right price for the produce of the farmers.

        The formers would get 20 per cent more. The customers might get things at 20 per cent discount. The transporters might also get 20 per cent more. The value of the property - bought for Re.1000 crore- would become Re.2000 crore within a span of one year. Their profit could be calculated. Ordinary merchants would be puzzled. The Prime Minister knows this.

      The Central Bureau of Investigation (CBI), on 4 November 2012, accused the Paramount Airways of cheating five public sector banks to the tune of Re.442 crore.

       Mr. L.K. Advani, on 4 November 2012, said that a Mr. S.Ravi – an IAC activist-should not have been arrested till a court had found him guilty. The offence committed by him was that he tweeted that Mr. Karthi Chithambaram- son of Union Finance Minister Chithambaram – had amassed more wealth than Mr. Robert Vadra-son-in-law of Mrs. Sonia Gandhi.

     Mr. L.K. Advani must ask Congress leader Mr. Digvijaya Singh to produce the evidence of corruption against his own relatives before talking anything. The latter had said that the relatives of the former amassed wealth disproportionate to their known sources of income.

       Delhi newspaper Mail Today, on 4 November 2012, reported that Mr. N. R. Narayana Murthy of Infosys, industrialist Tata, Bangalore based Kasturi Trust and Jagan Nath Gupta Memmorial Education Society had secretly donated Re.87 lakh, Re.50 lakh, Re.25 lakh and Re.13 lakh respectively between 2008 and 2011 to a trust of Mr. Arvind Kejriwal, then a member of the Team Anna. Many other corporate houses, brokerage firms and courier companies had also contributed money to him. The revelation shows that there is no truce until now between the Zee News and Mr. Naveen Jindal.

           The above revelation is consistent with this work. They gave the money to ‘strange’ this work and similar works, if any, of others.

     A two judge bench of the Supreme Court of India comprising Justices R.M. Lodha and H.R. Dave indirectly said that the FDI in retail policy must be laid before the Parliament. The judges are taking a stand similar to the one taken in the “HPCL-BPCL case”.

     The news papers, on 6 November 2012, reported that the Air India would sell about 175 acre of its land in Delhi, Mumbai and Chennai airports for about Re.5000 crore.

     If the Government had bought the property, it could sell it. Here, the Government acquired the property forcefully for a nominal price. Such properties must be returned to the original owners. The act of acquiring properties today and selling them to some others tomorrow is bad in the eye of the Constitution of India.

    The Enforcement Directorate, on 6 November 2012, attached properties - worth Re.52 crore - of Mr.Jaganmohan Reddy, son of former Chief Minister Mr. Rajasekhara Reddy. The ED also issued orders to attach the properties of Dubai based Emmar Properties and its joint venture Emaar MGF. Earlier it had attached more than 13 acre of Janani Infrastructure Private Limited and fixed deposits worth Re. 14.5 crore of Jagati Publication Limited as “kickbacks allegedly received in lieu of granting favours” to private entities. Both the above belong to Mr. Jagan. He is now lodged in a prison.

         The people financing Mr. Anna Hazare and Mr.Arvind Kejiriwal send the small offenders like Mr. Jagan to jail.

  

      The Cabinet Committee on Economic Affairs (CCEA), on 8 November 2012, approved a proposal to sell 10 per cent shares of the public sector Hindustan Aeronautics Limited (HAL).

    The problem - in the question of selling the shares- must be viewed in the proper perspective.

     Many private companies sold their shares thinking that the shares would remain with the public. Actually, the shares were cornered by the holders of black money or their rivals. The latter, in turn, try to control the companies based on their holdings. Many end up cursing themselves for being born as entrepreneurs. This is the reason why even the shares sold by the private companies must be restored from the holders of black money.

   This is Letter No.211. It is said that the Supreme Court must play the role of the Sentinel of liberty. This is important particularly when the press fails to play this role. This is not like recycling anything from the past. This is only to say that the present Chief Justice of India should not hesitate to give answers to the letters forwarded to his predecessor by the former President of India through the Government of India.

      The facts from 27 October 2012 to 11 November 2012 are being submitted to Mr. Pranab Mukherjee, His Excellency the President of India, on 12 November 2012.

             The same letter is being sent to the Chief Justice of India, and the Chiefs of the Indian Army and Indian Air Force for necessary action.

V. Sabarimuthu

26-3 Thattamkonam

Vellicode

Mulagumoodu

629167

12 November 2012.

   

210. The Top Political Leaders of the Nation

210

THE POLITICAL INFERNO

           The last mail was submitted to His Excellency the President of India on October 8, 2012. The same mail was sent to the Supreme Court of India, Indian Army and Indian Air Force.   Later, it was posted in the blog www: howeverythinghappenedinindia.blogspot.com and a link was given to www.thattan.com

           The decision to sell the shares of the public sector Rashtriya Ispat Nigam Ltd (RIN) was deferred. The issue was to open on 15 October 2012.

         No political leader demanded the government to defer the above sale. Did His Excellency the President of India take any action? Did the new Chief Justice of India do anything? Did the chief of the Indian Army or Air Force light any fire? Nothing is known. The known facts are the last letter and the final result.

            The intensity of the talks about the Foreign Direct Investment (FDI) also decreased suddenly.  If the people come to know about this, it will be a political inferno to the top political leaders of the nation.

         In this connection, it must be stated that the government gave Re. 3 lakh crore in the Provident Fund (PF) to two or three private parties. It generated about Re. 30 lakh crore in black money.

        If the Government allows the FDI in retail, the recipients of the PF money would pay, say, Re.1000 crore for a piece of land in a town or city. The guideline value would be, say, Re.100 crore. The black money associated with a piece of land alone would be, therefore, Re.900 crore.

      If the Government does not allow the FDI in retail, the black money would be siphoned off to foreign countries. This might also make India poorer.

      This is the reason why the black money associated with the PF money should be recovered without wasting time. 

        According to some reports, the Reliance Industries raised $4 billion in this year through overseas bond sales. An earlier report - given in  Chapter 203- said that this company had a surplus of Re.1.5 lakh crore. Then, why does this company raise money like this? Is it not to generate black money by investing in land? Does the Government give any guarantee to this money? Does not China give loan to Indians to destroy the Indian economy? The top leaders, if not the Supreme Court of India (SCI), must give the answers.

         Prime Minister Manmohan Singh, on 15 October 2012, described corporate corruption as an offense. He added that the atmosphere of negativity created over the issue of corruption could damage the image of the nation and hit the morale of the executive.

        Image of the nation has gone down mainly because of Prime Minister Manmohan Singh.

     The act of the denial of freedom of expression had been brought to the notice of Her Highness the Queen of England. The Queen promptly sent a reply to this writer. What exactly happened afterwards is not known. But, the known fact is that the Queen chose not to come to India to declare open the Commonwealth Games at Delhi. Prime Minister Manmohan Singh has not visited England since then. One or two big purchases by India went to France or other countries.

    The top political leaders were aware of the above. They should have demanded the resignation of the Prime Minister. But they chose to keep mum.

        The New Indian Express - through former Union Minister Arun Nehru - said that the people could persecute, destroy or condemn everything achieved, or they could put the piece together for a better future. This is, apparently, the reply of the manipulators to the last letter. They indirectly say that the black money must play its role with greater intensity.

      Chief Minister of West Bengal Ms. Mamata Banerjee, on 15 October 2012, said that she was a victim of circumstances. This is her reply to the last letter. The media is not giving all India coverage to her other views as strongly as before the last letter.

      Law Minister Salman Khurshid, on 15 October 2012, said that he was battling allegations to save the country. He added that time had come for the media to answer questions. However, he chose not to ask any questions. Therefore, a truce exists between him, and the media.

          Union Government, on 15 October 2012, directed a two member panel to probe the alleged financial irregularities of the Deccan Chronicle (DC) – a Hyderabad based English newspaper. Nearly two dozen entities had lent over Re. 5000 crore to its publisher. According to some reports, the DC pledged shares which had been pawned.

         Did the DC invest the money in land? Why did the banks vie with one another to give loan?  Did the DC report anything repugnant to the manipulators? These are the unanswered questions in this matter.

          A Supreme Court of India (SCI)  Bench comprising Justices R.M. Lodha and Anil R. Dave, on 15 October 2012, directed the Government to amend the Foreign Exchange Management Regulation Act- 2000 before permitting the FDI in retail, aviation, broadcasting and power. The court said that the new policy had no legal sanctity without the consequent changes in the regulation of the Reserve Bank of India (RBI). The court said this in a public interest litigation petition (PIL) filed by Mr. Manohar Lal Sharma- an advocate. The Bench described the anomaly as a curable irregularity.

     It is customary for the manipulators to approach the SCI and get a favourable order after a shadow fight as in the BALCO case. Therefore, if the Government wants to recover the black money, the court should not stand on the way. This is important because the SCI is silent about the black money now.

       Former Union Minister Mr. Jaswant Singh, on 17 October 2012, requested Prime Minister Manmohan Singh not to mislead the economically uneducated people. This is his reaction to the last letter.

        The CBI, on 17 October 2012, charge-sheeted JSW chairman Sajjan Jindal in a case related to illegal iron ore mining in the Karnataka state. The charges include criminal conspiracy, cheating, forgery and bribery. The CBI has also named former Karnataka Chief Minister B.S. Yeddyurappa. The Supreme Court had ordered the investigation.

       Mr. Sajjan Jindal is not like former Telecom Minister A.   Raja. The CBI wanted to attach the assets of Raja; but did not get any. Jindal has many assets; but the CBI does not want any. In fact, Jindal is one of the ten people responsible for the public opinion in India. This is the reason why the newspapers did not attach any importance to the enquiry ordered by the Supreme Court. Even now the people do not gauge the importance of the case.

     The Election Commission of India (ECI) issued orders to enquire the suspected violation of the Foreign Contribution Regulation Act by the BJP and the Congress Party in accepting donation from the subsidiaries of the Vedanta group. However, the ECI did not allow the people to understand the meaning of the enquiry.

          The Vedanta group would pay any amount to the top political leaders because they gave the public sector BALCO to it.

      Mr. Aravind Kejriwal, on 17 October 2012, said that the Congress- NCP Government in the Maharastra state had illegally given over 100 acre of land to BJP President Mr. Nitin Gadkari.

       Enforcement Directorate (ED), on 18 October 2012, attached Re. 822 crore lying with formerly Satyam Computer Services of Mr. Ramalinga Raju as proceeds from crime under the Money Laundering Act. The ED said that Mr. Raju had obtained loans by pledging his shares before buying lands.

     One day the Government said that Mr. Raju had become bankrupt. Within in a few days it sent him to jail and annexed his assets. Now, it says that he had a huge amount of surplus money. 

         As he had invested the public money taken from banks in land, his assets could be attached. However, other rich people should not have amassed wealth in the same way.  Therefore, Satyam should be restored to him until the similar assets of others are attached.

        The Air India decided to lease out 1,59,000 sq. feet of space in its headquarters at Nariman Point in Mumbai. The Economic Times reported this on 20 October 2012.  This asset tends go into the hand of the holders of black money. It is unconstitutional.

         The Director General of Civil Aviation, on 20 October 2012, directed the Kingfisher Airlines to surrender the permit issued to it on account of safety concerns. 

     The General Secretary of the Congress Party, Mr. Digvijaya Singh, on 21 October 2012, said that there was evidence of corruption against the relatives of former Prime Minister Mr. A.B. Vajpayee and former Home Minister Mr. L.K. Advani. However, he said that his party would never use it to embarrass them. He added that if anyone had bought land in Haryana 10 years ago, it would have gone up to 100 times.

     It is clear that a truce exists between the ruling parties, and the opposition parties. Otherwise, he would have disclosed the charges against them.  The top political leaders deny freedom of expression. It is called organized crime.

      The New Indian Express in its headline news, on 22 October 2012, said that there was a climate of fear in the functioning of the Union Government. The paper attributed it to the arrests of some officials. It warned that a sick administration syndrome was overshadowing a string of economic reforms.

      The Economic Times, on 23 October 2012, demanded the lenders of Kingfisher Airline (KA) to oust its current management, convert debt into equity, run it for some time, and sell it to someone. The paper said that the USA had done this to General Motors. It shows that some manipulators want to annex the KA.

     The Hindu, through its headline news on 23 October 2012, disclosed that former Union Minister Virbhadra Singh received about Re. 2.5 crore from Pramod Mittal controlled Ispat Industries. The raid carried out by the Department of Income Tax, on 1 December 2012, at the Delhi office of the Ispat Industries confirmed it.

     All India Council for technical Education (AICTE) has granted permission to the industries to start their own engineering institutions from 2013-2014. A newspaper reported this on 23 October 2012. This is to convert black money into white money by buying land. It is a crime.

        Prime Minister Manmohan Singh, on 23 October 2012, asked the cash rich 25 Public Sector Undertakings (PSUs) to utilize their surplus money -2.5 lakh crore-, or pay special dividend. This must be interpreted in the light of Chapter 203. In that chapter, it was mentioned that the recipients of the PF money would not allow the PSUs to use their surplus money.

     Congress General Secretary Digvijaj Singh, on 23 October 2012, requested Prime Minister Manmohan Singh to institute an enquiry by Serious Fraud Investigation Office against BJP President Nitin Gadkari. He submitted proof for the allegation. This is, apparently, to warn the top leaders of the BJP.

     The Cabinet Committee on Economic Affairs (CCEA), on 25 October 2012, recommended 10 stake sale of the public sector NMDC. It is unconstitutional because there is no freedom of expression.

     Playing a CD on 25 October 2012, Jindal Steel chairman and Congress MP Mr. Naveen Jindal said that the Zee TV channel demanded Re.100 crore in return for not airing damaging stories. ZeeTV filed a deformation case for Re.150 crore. There might be a truce after some time. But it is clear that the media mafia deny freedom of expression to mint money.

     209 letters failed to open the eye of the Supreme Court of India (SCI). This is letter No.210. It is said that the SCI must play the role of a Guardian Angel to protect the rights of political parties that remain as minorities and stay in the opposition. If the SCI understands this, the meekest opposition voice would sound most.

      The facts from 8 October 2012 to 26 October 2012 are being submitted to Mr. Pranab Mukherjee, His Excellency the President of India, on 27 October 2012.

             The same letter is being sent to the Chief Justice of India, and the Chiefs of the Indian Army and Indian Air Force.

V. Sabarimuthu

26-3 Thattamkonam

Vellicode

Mulagumoodu

629167

27 October 2012.