{"id":217,"date":"2019-04-03T09:52:33","date_gmt":"2019-04-03T09:52:33","guid":{"rendered":"http:\/\/www.kamalsandesh.org\/blogs\/?p=217"},"modified":"2019-04-20T10:26:30","modified_gmt":"2019-04-20T10:26:30","slug":"rahul-gandhi-sweetheart-deals-fly-night-operators","status":"publish","type":"post","link":"https:\/\/kamalsandesh.org\/blogs\/rahul-gandhi-sweetheart-deals-fly-night-operators\/","title":{"rendered":"Rahul Gandhi and His \u2018Sweetheart Deals\u2019 with Fly-by-Night Operators"},"content":{"rendered":"

Arun Jaitley<\/strong><\/p>\n

How do parties and politicians fund themselves?\u00a0 Indian political parties were traditionally funded with cash i.e. black money.\u00a0 Many have now tried to get tax paid money due to the legislative changes and have started accepting donations either by cheque or through electoral bonds.<\/p>\n

That, however, still does not fully answer the question.\u00a0 How many politicians lead a comfortable life without having any apparent and declared source of income?\u00a0 The Nehru-Gandhi family has been described by its supporters as India\u2019s first family.\u00a0 It, therefore, should be a role model.\u00a0 Pt. Motilal Nehru gave up his law practice 98 years ago.\u00a0 Pt. Jawahar Lal Nehru was a tall political leader who was never a practicing lawyer nor was Indiraji ever involved in any professional or business activity.\u00a0 The late Shri Rajiv Gandhi was an Indian Airlines pilot for a brief period and, thereafter, he was in full time politics.\u00a0 On the basis of the available information, neither Smt. Sonia Gandhi nor Rahul Gandhi have ever worked for a living.<\/p>\n

For generations the family did not earn from any commercial ventures.\u00a0 They were in public service.\u00a0 Most people in public life sacrifice their commercial careers and lead a frugal life.\u00a0 Most members of the Nehru-Gandhi family studied outside the country for the last four generations.\u00a0 Not many of them excelled in scholarship, with Panditji as an exception.\u00a0 All have led more than a comfortable life.\u00a0 They enjoyed vacations at multiple domestic and international locations.<\/p>\n

The expose<\/strong><\/p>\n

An expose by media organisations revealed that the family owned a farm house in South Delhi which is now owned by the brother and sister of current generation of the family.\u00a0 Periodically tenancies are created in favour of persons many of whom needed help when UPA was in power.\u00a0 A capital creation programme was launched.\u00a0 Rentals are paid by obliging tenants in advance.\u00a0 It is unlikely that the tenants ever needed to live in Delhi because they have had no business operation in Delhi.\u00a0 Not only did they pay large quantum of rentals as advance through make believe tenancies, they also apparently paid for a large number of employees who managed the estate.\u00a0 The amount collected from these tenants through advance rentals and subsequently, the tenancies enabled the creation of the capital.\u00a0 Several crores of this capital thus created was invested with the real estate company under cloud and which, like the tenants, entered into a \u2018sweetheart deal\u2019 that from the moment the proposed buyer paid the advance towards the real estate to be purchased, one was paid back annually under an \u2018assured income programme\u2019.\u00a0 He thus got back a large part of his investment and the real estate.<\/p>\n

Amongst the names of the tenants, the critical person is Jignesh Shah of FTIL and the real estate developer is M\/s. Unitech builder through Sanjay Chandra.\u00a0 Who else would enter into such a \u2018sweetheart deals\u2019 except the \u2018fly-by-night\u2019 operators who needed State patronage?<\/p>\n

Compromise of public interest through such questionable deals<\/strong><\/p>\n

Besides the reasonable apprehensions of the tenancies being an investment of \u2018political equity\u2019 by those entering into the \u2018sweetheart deals\u2019, what happened to Jignesh Shah?\u00a0 He had two companies \u2013 one with large quantum of assets and the other which had ostensibly duped lakhs of investors.\u00a0 The investors were insisting that the Central Government amalgamate two companies and thus out of the amalgamated assets, the duped investors be paid.\u00a0 Till 2014, the UPA Government did not take any action.\u00a0 The investment of political equity have brought returns.\u00a0 It is only when the NDA Government under Shri Narendra Modi was formed that the Department of Company Affairs passed the amalgamation order which has been upheld by the Mumbai High Court and is now pending challenge in appeal before the Supreme Court.\u00a0 If the Government succeeds, the duped investors will get their investment back.\u00a0 You needed a \u2018Chowkidar\u2019 to catch a \u2018Chor.\u00a0 \u2019With regard to Unitech, the less said the better.\u00a0 Besides the 2G involvement at the time the favours were shown, many flat buyers had been duped, their monies siphoned off and the banks were not paid back.\u00a0 The promoters, including one with whom Rahul Gandhi signed the arrangement, is still in prison.\u00a0 Under the \u2018sweetheart deal\u2019 out of the instalments paid, most have been repaid back under the \u2018assured income scheme.\u2019\u00a0 Capital creation through \u2018sweetheart deals\u2019 is exactly what Rahul\u2019s brother-in-law did.<\/p>\n

Here is a man who makes reckless allegations without any basis.\u00a0 It was no rocket science for him to know who were conferring him with largesse.\u00a0 He aspires to be a Prime Minister.\u00a0 Such aspirants like Caesar\u2019s wife must be beyond suspicion.\u00a0 They must be unsuspectable.\u00a0 With tainted hands, he must at least remember that \u2018people in glass houses do not throw stones.\u2019\u00a0 The \u2018Chowkidar\u2019 has finally caught a \u2018Chor.\u2019<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Arun Jaitley How do parties and politicians fund themselves?\u00a0 Indian political parties were traditionally funded with cash i.e. black money.\u00a0 Many have now tried to get tax paid money due to the legislative changes and have started accepting donations either by cheque or through electoral bonds. That, however, still does not fully answer the question.\u00a0<\/p>\n","protected":false},"author":707,"featured_media":123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[224,225,222,223],"class_list":["post-217","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-political","tag-fly-by-night","tag-operators","tag-rahul-gandhi","tag-sweetheart-deals"],"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/kamalsandesh.org\/blogs\/wp-json\/wp\/v2\/posts\/217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kamalsandesh.org\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kamalsandesh.org\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kamalsandesh.org\/blogs\/wp-json\/wp\/v2\/users\/707"}],"replies":[{"embeddable":true,"href":"https:\/\/kamalsandesh.org\/blogs\/wp-json\/wp\/v2\/comments?post=217"}],"version-history":[{"count":2,"href":"https:\/\/kamalsandesh.org\/blogs\/wp-json\/wp\/v2\/posts\/217\/revisions"}],"predecessor-version":[{"id":268,"href":"https:\/\/kamalsandesh.org\/blogs\/wp-json\/wp\/v2\/posts\/217\/revisions\/268"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kamalsandesh.org\/blogs\/wp-json\/wp\/v2\/media\/123"}],"wp:attachment":[{"href":"https:\/\/kamalsandesh.org\/blogs\/wp-json\/wp\/v2\/media?parent=217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kamalsandesh.org\/blogs\/wp-json\/wp\/v2\/categories?post=217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kamalsandesh.org\/blogs\/wp-json\/wp\/v2\/tags?post=217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}