Showing posts with label N Srinivasan. Show all posts
Showing posts with label N Srinivasan. Show all posts

Corruption , Favouritism Rose Highest in Last One Decade

The Central Bureau of Investigation filed charge sheets against three cement companies: India Cements, Bharathi Cement, Penna Cement and  named N Srinivasan,the vice chairman as an accused in the corruption probe involving the son of Andhra Pradesh's late chief minister YS Rajasekhara Reddy. The CBI questioned Srinivasan a couple of times last year, and charged India Cements with criminal conspiracy, cheating, criminal breach of trust and falsification of accounts.

Srinivasan has invested some Rs 140 crore in various businesses of Jagan Mohan Reddy alegedlly in return for favours. The investigating agency accused senior bureaucrats Adityanath Das and M Samuel for  issuing government orders allotting land, water and limestone mines in favour of India Cements. But has  not named the then irrigation minister, Ponnala Laxmaiah, who issued government orders favouring India Cements to draw large quantities of river water. 

Jagan Mohan Reddy, who represents Kadapa in the Lok Sabha, broke away from the Congress to form his own political outfit soon after his father Rajasekhara Reddy died in a helicopter crash in 2009. He was arrested in May last year and now along with his auditor Vijay Sai Reddy,  named as first and second accused in all the eight charge sheets filed so far. 

There are two basic facts :

a) Industries and individual persons were favoured in the allotment of land, water and limestone mines illegally (out of turn, thus depriving others to get that ) by the Late Rajasekhara Reddy led Congress government, through the then irrigation minister, Ponnala Laxmaiah, who accommodated falsification of accounts and cheating in lieu of money .

b) Jagan Mohan Reddy, the son of the that time Andhra Pradesh's Congress chief minister  late YS Rajasekhara Reddy, received Rs 140 crore invested in various of his businesses, as alleged in return for favours for those illegal allocation of mines and that is now charged as corruption.  

A very simple analysis states the following conclusion :

A) the allocation of limestone mines illegally is similar to what is alleged in the Coalgate, where coal was allotted illegally,

B) this was done in lieu of money and other material benefits and assets, received indirectly by the relatives or associates of one or other Congress ministers very much same as alleged in case of Coalgate,

C) in each of the cases the facilitator of the cheating was some one powerful in the ruling government, that is  almost similar to Coalgate,

D) the fraud was carried in the tenure of  Late Rajasekhara Reddy , he has made it possible as the Congress party Chief Minister of Andhra Pradesh, and it was as the head of cabinet ; but  not as the father of Jagan Mohan Reddy ;that is as his first constitution responsibilities are as the chief minister nor as a father of curropt son (also for similarity refer Railgate ) .

Implication : As the crime was conducted by the that time Congress party and that party is still holding the control of the government now,though with same set of persons, ministers except a different Chief Minister. As such why the CBI should not ask the Governor for dismissal of this corrupt government of same people and party to facilitate proper investigation and independentely charge all the conspirator ministers and facilitator bureaucrats involved ? 

Late Rajasekhara Reddy was selected by all the MLA's of Congress party and recommended to Governor to be their Chief Minister. Is not this lawfully correct that all the cabinet members holds joint responsibility for all the  deeds past or present done by that cabinet, which is controlled and guided through by their central leadership ?

Wise men ask if Osama is dead now, nobody in Al Qaida or Al Qaida itself will be responsible for their past misdeeds ?

We Indians are very much selective and easily be fooled by our elected representatives and we never opt to nail down the criminal tendency of falsification, cheating and corruption, that is why this evil is making such a "rapid progress in geometrical proportion" in the last decade.




High Court Order Big Jolt to Srinivasan and BCCI

IPL spot-fixing scandal that broke out when three Rajasthan Royals players Ajit Chandila and Ankeet Chavan and Sreesanth found indulged in spot fixing,and were arrested along with and 11 bookies for alleged spot-fixing in the IPL matches 2013.The contracts of the tainted players were terminated by their franchise after criminal complaint  lodged against them.

A bombshell was fired and the crisis snowballed for the BCCI when Board President N Srinivasan's son-in-law and Chennai Super Kings Team Principal Meiyappan was charged with unlawful betting and also arrested along with bollywood actor Vidhu Dara Singh.

BCCI President Srinivasan was charged as his son-in-law and Chennai Super Kings were involved and he was forced to step down from the president ship till the outcome of an enquiry by  Board's two-member internal probe panel.Cricket Association of Bihar and its secretary Aditya Verma challenged by filing a public interest litigation in Bombay High Court against  the constitution of the two-member commission, set up by the BCCI and IPL Governing Council to probe allegations of betting and spot fixing. A division bench of justices S J Vazifdar and M S Sonak of the Bombay High Court order declared the Board's two-member probe panel (to look into the IPL spot-fixing and betting scandal) as "illegal and unconstitutional". 

The petition alleged blatant bias by Srinivasan, who is the vice-Chairman and Managing Director of India Cements Ltd, which owns Chennai Super Kings.The PIL urged the court to direct BCCI to recall its order constituting the probe panel and instead the court shall form a panel of retired judges as it may deem fit to hold enquiry against Meiyappan, India Cements Ltd and Jaipur IPL Cricket Pvt Ltd with regard to their involvement in spot fixing and betting. Mr. Srinivasan, in their reply affidavits, termed the petition as "motivated and vested with personal interests.

The  High Court order came as a big jolt to Mr.Srinivasan, who was expected to be back at the helm of affairs after stepping aside for the duration of the BCCI enquiry, refused to comment and said,"The only thing I have heard is that the writ has been dismissed and no relief has been granted. I don't want to say anything more,".