Vijay Mallya is known as king of good times. He owns an IPL team. He owns a Formula One team. He constructs a multi-storeyed building beside a road named after his father. He hires models and has photoshoots outside India for his calendar. For all that he has money. He has no money to pay loan taken by Kingfisher Airlines which he owns. The airline has a loan of 6,000 crore rupees and he wants government to bail him out. Civil Aviation Minister Vayalar Ravi is ready to help him. Vayalar Ravi said â€œThe aviation industry is facing crisis. These carriers may be privately owned but are Indian carriers, and the ministry will have to watch out for them.â€
Tag: crore rupees
CAG and 2G
CAG is a constitutional authority. He is not a servant of the government of the day. If he finds any subordinate not doing his job properly he has the right to overrule him. In judiciary there are various courts but the decision of the Supreme Court is final. It can overrule High Court or other courts. High Court can overrule Sessions Court. In Supreme Court judges on the same bench disagree and judgments are by majority. There is nothing strange about CAG overruling DG.
Black money in Swiss banks
Wikileaks has made public the names of Indians who have black money in Swiss banks and LGT Bank, Liechtenstein. There are main accounts and sub accounts. Nira Radia has 289990 crore rupees. If she is not an Indian citizen she cannot be prosecuted.
Some account holders are businessmen. Naresh Goyal, Harshad Mehta and Ketan Parekh are mentioned. Politicians include Rajiv Gandhi (19800 crore rupees), Sharad Pawar, Karunanidhi, Stalin, Chidambaram, A. Raja, Suresh Kalmadi, Laloo Prasad Yadav, H. D. Kumaraswamy and Jyotiraditya Scindia. Rajiv Gandhi died in 1991. Who operated his accounts after that is not mentioned.
Padmanabhaswamy Temple Treasure
Government should not take over Padmanabhaswamy temple property and any private property without paying market price unless the property is without owner.
Club over country
There is a feeling that cricketers prefer club over country. Gautam Gambhir playing IPL matches when he had an injury and opting out of West Indies tour is one instance. As Dean Jones put it was a choice between 11 crores for IPL and 2 crores for West Indies tour. It is said that as per contract Gautam Gambhir would have got the full amount of 11 crores for IPL if he had played five matches. He did not have to play other matches. However the contract could have something in fine print that required Gautam Gambhir to play all matches to get the full amount. When Sri Lanka wanted its players to return early for practice for England tour they were told that payments to players will be held up. Lasit Malinga retired from Test cricket instead of giving up IPL.
BCCI owns IPL. Franchisees pay money to BCCI and players. They want to recover their money. Franchisees drop players whom they do not want. BCCI wants money and does not care about players getting medals for country and did not send a team to Asian Games.
The story could have been killed
When Manu Joseph was asked on Last Word why he did not talk to journalists to get their side of the story regarding Nira Radia tapes the answer was the story could have been killed. The tapes were in circulation for a long time. Headlines Today had telecast some excerpts that had conversations of Kanimozhi…
Fall of CBI
Over the years CBI has lost credibility. In many cases state police did a good job. After the case was handed over to CBI it was disaster. Cases of Aarushi-Hemraj murders, Scarlett Keeling murder and Telgi fake stamp paper cases suffered after they were handed over to CBI. Rajesh Talwar, Aarushiâ€™s father, who was under arrest, was let off by CBI. CBI arrested three persons but did not file chargesheet within 90 days and the three got bail. In Rizwanur Rahman murder case CBI said it was suicide. In Telgi fake stamp paper case the amount of Rs.37,000 crores got reduced to few hundred crore rupees. There was narco test and name(s) of some politician(s) had come out but there was no investigation on that front.