Indian Prime Minister overlooked 3,5 billion USD corruption by telecom minister

How much money can an Indian Minister eat?  The answer is: Unlimited. As long as Western business men have no limit on their greed for profit on their Asian Investments.

Prime Minister Mahmohan Singh and Congress President Sonia Gandhi also get their cuts from business deals.

The latest Telecom scam in India has exposed the Indian Prime Minister Manmohan Singh. He has “overlooked” that the Indian Telecom Minister has given the Indian Government a revenue loss of 176 Billion rupees by faulty dealings in telecom licenses.

This loss is equal to 3,5 billion USD. The pain in mush higher then the USD figure, since Indians earn a fragment of the people of America.

India is ran by bandits and criminals, that loots their own nation. Now also with the blessing from the Prime Ministers office.

Despite the Controller and Auditor General of India (CAG) exposed the former Communication and telecom minister A.Raja, as corrupt, the Prime Minister failed to take action. In fact he hid the documentation from other Parliamentarians.

Anil Ambani

The receiving end of the benefits that should have come to the Indian citizen’s are again, among others, the famous Ambani’s, this time represented by the younger brother Anil.

The two brothers Mukesh and Anil Ambani are two of the 10 richest men in the World. No doubt that they are fast getting richer, by looting 1,1 billion Indians, robbing the national exchequer.

There is another receiving end of this looting of poor and under privilege people, in a nation where 500 million people struggle to get food every day. That is International Telecom companies, that buy Indian license for a “penny”.

Shame in the Corporate World, who participate in this bloody game.

Will the Ambani’s ever get to prison?

Absolutely not. They have the Police, the politicians and the judges in their pockets.  The looting of the Indian people is a game the elite of 80.000 rich Indians are playing together.

India has lost more than USD 460 Billion

The loss has come because of companies and the rich illegally funnelling their wealth overseas, a new report published on BBC says.

The illegal flight of capital through tax evasion, crime and corruption had widened inequality in India.  Since gaining independence in 1947, the accumulated loss is 460 Billion USD

According to the report from US-based group Global Financial Integrity, the illicit outflows of money increased after economic reforms began in 1991

Source: Press Trust of India (PTI).

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