Friday, July 27, 2012

New President -Black money-Act of buying shares.


205

                                REASON

         The last mail was submitted to Mrs. Pratibha Devisingh Patil, Her Excellency the President of India, on 18 July 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

     Describing Prime Minister Manmohan Singh as a warm hearted man, Mr. Ratan Tata, Tata group chairman, on 19 July 2012, cautioned that he alone should not be blamed for the economic woes of the country. He said that the Prime Minister deserved the support of the people.
       It is true that Prime Minister Manmohan Singh alone cannot be blamed. However, Re. 3 lakh crore in the Provident Fund (PF) was given to private parties after denying freedom of expression. No other Indian might have done this.
         
          According to the data compiled by the Micro Small and Mediaum Enterprises-Development Institute (MSME-DI) around 29,000 units are being added to the sick list every year and that Tamil Nadu state has the maximum number of sick units at 25,433. Of the total 1.33 crore units, more than 2 lakh are sick now.
          This writer - hundreds of times - said that Prime Minister Manmohan Singh converted India into a vassal of China to the detriment of the Indian industry. The present revelation vindicates the conclusion of this writer. It must be noted that no other man said this.  But the people are not aware of this.

      The Union Cabinet, on 19 July 2012, decided to sell 11% shares of the Steel Authority of India Limited (SAIL) for Re. 4000 crore.  Besides, it decided to transfer 773 acre of  land belonging to the  VSNL – a privatized Public Sector Undertaking (PSU) – to fetch Re.6000 crore.
        The recipient of the PF money alone keep about Re.10 lakh crore to 26 lakh crore as black money. Mr. Pranab Mukherjee - a Presidential candidate - calls this private money. The Supreme Court of India considers this as investor’s money. Naturally, they now want still more public money, and public assets. It is pertinent to note that Mr. Pranab Mukherjee would take the post of the President of India on 25 July 2012.

       Former Army Chief V.K. Singh and the top four serving army officers appeared before a court in Delhi for their press release that alleged corruption. Lt Gen (retd) Tejinder Singh – according to V.K. Singh – had offered a bribe of Re.14 crore to clear a deal of 600 trucks .
        Tejinder Singh filed the complaint. If he had not entered the room of the Army Chief, the nation would not have witnessed such a predicament.

          The Union Cabinet, on 19 July 2012, imposed 21 per cent duty on imports of power equipment, mainly to protect domestic companies from cheap Chinese shipments. However, it would not affect the orders executed already.
          The present writer mentioned this matter several times. This had been before the Prime Minister of India for more than a year. By this time, the manufacturers have suffered irreparable losses.  Now, it is too late, and the taxes imposed are very small.  

         The Union Cabinet, on the same day, directed the ministries to become party in court cases and get the name of principal secretary to Prime Minister and others removed. In the last letter, the present writer pointed out that a Union Minister could take any action - in good faith - rejecting the remarks of the officers. Apparently, the present order is a repercussion of that letter.

      The rediffmail.com, on 21 July 2012, said that social media demolished instantly reputations so assiduously built over decades. The internet service provider latently talks about former President of India APJ. Abdul Kalam.

     A court in Delhi, on 21 July 2012, directed the CBI to file its reply by August 4 on the bail plea of former Health Minister Mr. Anbumoni Ramadoss.
          The Medical Council of India (MCI) works under the order and direction of the Union Health Minister and not vice versa. Therefore, he is not bound by the remarks of the MCI.
    The CBI is also working under the order and direction of the Union Government. Therefore, the latter shall not repeat the story of former Telecom Minister Mr. A. Raja and send Mr. Ramadoss to jail for the allegations leveled against him so far. The case against Mr. Raja is similarly related. The Supreme Court of India also shall not misuse its power because such cases are a human rights problem in India.

     The Union Government, on 21 July 2012, reserved 27 per cent petrol outlets for the Other Backward Classes (OBCs). Hereafter, the petrol outlets would be allotted through draw of lottery.
          The Supreme Court had cancelled the petrol outlets sanctioned by the Members of Parliament (MPs). Now, it is imperative that it must cancel all petrol outlets distributed after that judgment.
          Further, about 100,000 new gas agencies could be sanctioned within two months based on constitutionally valid norms. 
                  
      The Tax Justice Network of James Henry, on 23 July 2012, put the money deposited by the global rich in offshore accounts at USD 21 trillion, or between USD 21 and USD 32 trillion. The top ten private banks – the UBS and Credit Suisse in Switzerland and the US investment bank Goldman Sachs included- managed more than USD 6 trillion in 2010. This complements the conclusion of the present writer that the recipients of the PF money siphoned off more USD 20 billion from India.


          The Election Commission of India (ECI), on 22 July 2012, announced that Mr. Pranab Mukherjeev had won the Presidential Election securing 69 per cent votes.
          This writer believed that the donors and the acceptors of the PF money sent some political leaders like Mr. Jagan Mohan Reddy to jail. Such leaders came out on bail and cast their votes to Mr. Pranab Mukherjee, a donor of money! Is it due to some secrets hitherto unknown to the people?

        Before demitting her office, President Pratibha Devisingh Patil requested the Government to get rid of corruption.
      The new President - after assuming office - also described corruption as an evil and wanted to get rid of it. He pledged that he would not allow a few greedy people to hijack the money generated by the farmers. He added that he would protect the Constitution of India not in words but in spirit for the well being of the people.
       Thus the donors of the PF money talked!
        The armed forces gave a 21- gun salute to the President and donor of Re.3 lakh crore PF money!
          Unlike in the past, all important leaders, Members of Parliament and judges attended the swearing in ceremony. Prominent among them were former President of India APJ Abdul Kalam, Congress leader Sonia Gandhi, BJP leader L.K. Advani, Union Ministers and Chief Ministers. Most of them had received letters from this writer.
          Sitting in the background, the recipients of the PF money arranged this as a great show. Apparently, it was a victory of the evil over the good!
        Experience shows that Mr. Pranab Muhkerjee, as the President of India, would strive to preserve himself and deny freedom of expression as effectively as his predecessors. It must be noted that he had denied freedom of expression even to his rival Presidential candidate Mr. P.A. Sangma.
        Further, he would conserve the black money of the recipients of the PF money.
     Furthermore, he would misuse his power in pursuit of a misconceived common good and allow the black money holders to multiply their money. In fact, no sooner he was sworn in as the 13th President of India, the Union Government disclosed its decision to sell part of the shares of the Neyyveli Lignite Corporation (NLC), a Public Sector undertaking (PSU).
         In this situation there is no other way but to submit everything to the reason of India.
          Everyone must know that the holders of black money bought not only public assets but also the hard earned assets of small companies. Therefore, all private companies must be forbidden from buying the shares of other companies in a hostile way. All such existing shares must be released the public or returned to the parent companies.
          Mrs. Pratibha Devisingh Patil - as the President of India- had referred many letters from this writer to the Supreme Court through the Government of India. The Supreme Court could have, in turn, asked the Government to tell the reason for keeping this work away from the public eye. Alternatively, it could have asked the Government to disclose the whereabouts of the PF money.
          Now, the Supreme Court could recover not less than Re.5 lakh crore from the recipients of the PF money within a week. If it is not feasible, it must love Reason and enforce freedom of expression, for Reason is the sovereign of the world.
  
              The facts from 18 July 2012 to 25 July 2012 are being submitted to Mr. Pranab Mukherjee, His Excellency the President of India, on 26 July 2012.
             The same letter is being sent to the Chief Justice of India, Election Commission of India the Chiefs of the Indian Army and Indian Air Force and the CBI for necessary action.

V. Sabarimuthu
26-3 Thattamkonam
Vellicode
Mulagumoodu
629167

26 July 2012.



            


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