Dr Swamy writes another letter to PM on Aircel -Maxis deal

                                                                                                            

Janata Party President Dr Subramanian Swamy has raised the Aircel-Maxis deal once again and asked Mr Man Mohan Singh  to call for immediate review of the deal .

This morning ,in a letter to PM Dr Swamy  reminded PM of his earlier letter on the topic       ( please see this blog for full text of earlier letter) and questioned the role of Finance Minister Mr P.Chidambaram . 

Full text of the letter is here :  

July 1, 2013.

Dr. Manmohan Singh,

Prime Minister of India,

South Block,

New Delhi.

Dear Prime Minister:

            Please refer to my earlier letter to you dated April 18, 2013 regarding the Aircel-Maxis deal and the CBI’s Supreme Court-monitered-investigation into the same.  In my Interlocutory Application No. 36 in the matter, the Supreme Court had directed the CBI to investigate the issues I had raised therein, which included the fraudulent and bogus clearance of the deal by the FIPB allegedly claimed as on March 7, 2006 {when Mr. P. Chidambaram was Finance Minister}.  Hence his role in the matter would automatically come under the scanner of the CBI.

            In this letter I bring to your notice information I have recently received.  A Secret Note No. 51/1/2007-JIC(CS) had been prepared by the Joint Intelligence Committee of your Government based on inputs from all the main central Intelligence agencies submitted.  In  the said Secret Note  it is stated Saudi Arabia’s Saudi Telecom had as far back as 2007 acquired 25% of the Maxis equity by paying $3 billion then.  Recent information I have received from Malaysia reveal that Saudi Telecom will purchase additional equity to raise its share to 35%.  There is also news that France was expecting its telecom company to purchase an additional 20%.  In other words, Maxis would cease to be a Malaysian company.

            Given Saudi Arabia’s Wahabi propensity to finance Islamic fundamentalist forces in India and Bangla Desh, JIC had rightly wondered as far back as 2007 whether it is in India’s national security interests that India should provide access to such a vital area as telecom sector, especially when Saudi Telecom will through Maxis has licences for sensitive circles such in  Northeast India, hit by Islamic infiltration from Bangla Desh.

            What is all the more shocking is that Mr. Chidambaram had failed to call for security clearance for the Aircel Maxis or inform the FIPB of the Saudi Telecom angle but instead fraudulently gave a bogus contrived FIPB clearance to the deal.

            As Prime Minister therefore, you must call for a review of the Aircel Maxis deal immediately and instruct the CBI to investigate the matter.  Otherwise, I shall have to approach the Supreme Court by way of another Interlocutory Application.

                                                                        Yours sincerely,

Dr Swamy wants black money to nationalized

Subramanian Swamy wants black money nationalised

 

State’s takeover of the accounts of Indians in banks abroad is a sure way of getting back the black money stashed outside the country, Janata Party president and noted economist Subramanian Swamy has said.

He was answering a question during a question-answer session after delivering a lecture on ‘FDI in Retail, Corruption and Black Money vis-a-vis Indian Economy’ organised by the Rajasthani Graduates Association at RG Kedia College here on Monday.

He said nationalisation of the accounts in foreign banks would make them national wealth and the money, with the help of UN, can be brought back to India. ‘’If a person proves that his account in the foreign bank is all genuine and legitimate, that account will be freed and the money could be given back to them,’’ he said.

On Narendra Modi as prime ministerial candidate, he said the publicity was a design of the Congress to create a rift in the BJP. No prime ministerial candidate had been announced prior to polls. ‘’I will be the first person to welcome if Modi’s name is announced,’’ he said.

In his lecture, Swamy said there were two types of financial flow from one country to another: FDI is long term and ‘hot money’ the short term. ‘’Foreign bank loans, investment in equities and bonds by foreign countries and people come under the definition of hot money. It should not be more than 10 percent in the country but has increased in the last seven to eight years to 40 percent. It is a worrying factor since it can destabilise the country’s economy,’’ he said and recalled the economic crisis in Japan in the late 70s and in Latin America.

He attributed the credit for the economic reforms of the 90s to former prime minister PV Narasimha Rao who, he said, was insulted by his own party in later years.

Saying that he was wary of the new economic changes, Swamy said, ‘’A US company would get loan at the rate of 2 percent form its bank in the US, invest it here, use the cheap labour and reap riches while an Indian company, which gets a loan at an interest rate of 12 to 18 percent, cannot compete with it.’’

He emphasised the need for Indians returning to their roots and respecting their culture and traditions instead of blindly following western thought.

 

Janata Party president Subramanian Swamy said that he will expose another major scam in the coming days. Dr Swamy was in Hyderabad last month to address a meeting of Patriotic Tweeples  and was talking tp press persons.

In Hyderabad Dr Swamy addressed a gathering of rajasthani citizens  at Kedia College  on February 9.

Without elaborating on his proposed expose, Mr. Swamy said in the same breath “I will not leave P. Chidambaram (Union Finance Minister) though he got a reprieve from a two judge bench of the Supreme Court which dismissed his review petition in the 2 G scam. I will catch Chidambaram in a curative petition before the general elections”, he said delivering a lecture on foreign direct investment (FDI) and corruption which was organised by Rajasthani Graduates Assocaition on Saturday.

On dismissal of his petition against Union home minister P Chidambaram, he said he would appeal for a review. ‘’Main usko Chodunga Nahi,’’he said and revealed that there were 16 petitions pending against Chidambaram.

On Kejriwal’s charges against Robert Vadra, the Janta Party chief said had Kejriwal approached a court, Vadra could not have got a chance to cover his tracks.

Asserting that Mr. Chidambaram was fit to be his “target practice”, Mr. Swamy said he did not expect the former to contest the elections as the Congress would like to get relieved of him.

He added that he will not spare anyone in corruption cases but said he will make Robert Vadra an exception because it would be to the advantage of UPA chairperson Sonia Gandhi if he initiated legal action against him for irregularities.

The relationship between Mr. Vadra and his mother-in-law were very strained, he alleged.

Discussing the dangers of FDI, he said they were on account of capital infusion by foreign players like Walmart after borrowing funds in their countries at an interest rate of 2 per cent and exploiting cheap labour here to outwit domestic investors who paid interest as high as 12 to 18 per cent. If a level playing field was ensured, he said the domestic investors would drive away their foreign competitors.

‘I will not leave P. Chidambaram though he got a reprieve from the Supreme Court. I will catch him in a curative petition before the general elections’

( Courtesey Express News Service and  The Hindu)

 

Dharna by Bihar unit in Patna

Bihar Pradesh janata party workers led by state president Dr Devendra Prasad singh staged a day-long dharna at JP Golambar in Patna on January 14,2013.

The dharna was organised by state unit to demand action against rampant corruption ,price-rise, unemployment and atrocities on women .

Prominent people who addresses the gathering included Prof raghunandan sharma,Prof Awadh Kishore , National secretary of janata Party Murali Manohar singh, Vinay shankar Dube, Chandradeo Sharma, Pras Rai,Manoj Kumar Singh, Shyamal Shyam and others.