”If there is any specific violation or complaint, we can look into it… after this settlement, I don’t think there is any need for an inquiry,” Chidambaram told a news channel after the Reliance Industries Board meeting in Mumbai.
It has been so unfortunate in India that in recent disputes financial irregularities of the tune of a billion dollars in Reliance Industries came to limelight.
A few gifts were showered on the ruling Congress party (with whom they are already very close); including aircrafts for Sonia Gandhi private use and the Finance minister gave them a clear chit.
It is unfortunate that in India firstly there is not much transparency for the investors to keep track of the management decisions and finances. Then even if some of the skeletons emerge out of the closet, promoters pull some strings and everything is back to normal.
9 replies on “Art of stealing a billion dollars and escaping with it”
True…this is mind numbing corruption. The rich can get away with anything ….
and please remove that bloody pin pricked face from your blogspot. Really icky! 🙂
oke i think o got my answer! :p
liked ur first postie on education n casteism in ancient India!
The sad thing is that we have too much of reliance on our politicians.We must teach them a lesson.
I agree with silverine. please remove that face from blogspot
Hi Nidhi
thanks for liking the posts.
It is a team blogging effort by both sandip and myself.
Most of the posting are a joint effort. one of us write a first draft and the other one elaborates and finalize it.
Idli:
Well are you commenting on my earlier profile picture ( on with a pierced head or the current one… the butt head one.
Ahhha finally a bit free with the job and my parents visit 😀
hMMM its gonna take a whole day to blog wait for saturday dudes 😀
hi. first time here. your post here is such a reflection of the reality.
and quite an interesting read, throughout the blog!
well,the present one
thanks vanilla for appreciating our efforts.
idli…. unfortunately, i think this one will stay till i browse and come across a better one.