NEW DELHI : The Congress on Sunday said that it will ask three questions a day related to Adani issue to the Prime Minister. The Congress said that after Panama Papers leak no action was taken despite assurance from the Prime Minister.
Congress Communication In-charge Jairam Ramesh said on Sunday, “Amid the allegations against the Adani Group, the Modi government has maintained a loud silence which smacks of collusion. Starting today, the Congress party will pose three questions a day to the Prime Minister.”
Raising a question before the Prime Minister, Ramesh alleged, “In response to the Panama Papers expose on 4 April 2016, the Ministry of Finance announced that you had personally directed a multi-agency investigative group to monitor financial flows to and from offshore tax havens. Subsequently, at the G20 summit in Hangzhou, China on 5 September 2016, you stated: ‘We need to act to eliminate safe havens for economic offenders, track down and unconditionally extradite money launderers and break down the web of complex international regulations and excessive banking secrecy that hide the corrupt and their deeds.’ This leads to some questions that you and your government cannot hide from saying “HAHK (Hum Adani Ke Hain Kaun).”
“Vinod Adani, the brother of Gautam Adani, was named in the Panama Papers and the Pandora Papers as someone who operates offshore entities in the Bahamas and the British Virgin Islands. He is alleged to have engaged in ‘brazen stock manipulation’ and ‘accounting fraud’ via ‘a vast labyrinth of offshore shell entities’. You have spoken often about your sincerity and ‘niyat’ in fighting corruption and even subjected the nation to the heavy costs of demonetisation.
“What does the fact that a business entity you are well acquainted with faces serious allegations tell us about the quality and sincerity of your investigations?” he asked.
The Congress leader said, “Over the years you have misused agencies like the Enforcement Directorate, Central Bureau of Investigation and the Directorate of Revenue Intelligence to intimidate your political opponents and to punish business houses that do not fall in line with your cronies’ financial interests.
“What action has been taken, if ever, to investigate the serious allegations made over the years against the Adani Group? Is there any hope of a fair and impartial investigation under you?” he said.
“How is it possible that one of India’s largest business groups, one that has been allowed to build monopolies in airports and seaports, could have escaped serious scrutiny for so long despite persistent allegations? Other business groups have been harassed and raided for much less. Was the Adani Group essential to a dispensation that has profited from ‘anti-corruption’ rhetoric all of these years?” he asked. — IANS
INDIAN AUDITORS ? HINDENBERG IS TO NOTE – THEY ARE TRASH !
EVERY YEAR FOR THE LAST 10 YEARS,BANKS DETECT FRAUDS,OF 100000 CRORES IN LOANS
BEAUTY ON DUTY !
THE FRAUDS WERE DONE 10 YEARS AGO
BANKER % AUDITOR WERE SLEEPING
THE LOAN WAS 1ST A PA
THEN IT BECAME A NPA
THEN A RFA
THEN A WILFUL DEFAULTER
THEN THE PROMOTER WENT ON LONG TERM TOURIST VISA TO BAHAMAS
THEN THE BANK DIRECTED FORENSIC AUDIT,AND THEN FRAUD WAS FOUND
BY THAT TIME, ALL THE MONEY WAS SIPHONED OFF !
AUDITORS WERE SMOKING GANJA & DRINKING COW PISS COLA !
INDIAN AUDITORS ARE TRASH ! THEY HAVE NO DOMAIN EXPERTISE, NO BIG PICTURE & NO SECTORAL SKILLS , NO TECHNOLOGY SKILLS & HAVE NO IDEA OF HOW FRAUDS ARE DONE !
HOW CAN THESE CLOWNS EVEN MAKE AN AUDIT PROGRAMME TO DETECT FRAUDS ?
TO DO AN IMPECCABLE FRAUD, YOU NEED CREATIVITY.
TO CATCH A FRAUD YOU NEED CREATIVITY,INTUITION,INTELLECT & VERY DEEP DOMAIN EXPERTISE !
IF SUCH A MAN EXISTS,WOULD HE WORK FOR 2-300000 USD,AS AN EMPLOYEEE,OR JOIN THE FRAUDSTER ?
THERE IS A DUBIOUS MINISTRY OF CRPORATE AFFAIRS IN GOI, WHOSE JOB IS TO SUPPRESSS CORPORATE FRAUDS.
THESE CLOWNS HAVE A CELL CALLED SFIO ! SERIOUS FRAUD INVESTIGATION OFFICE – IN THE LAST 70 YEARS HOW MANY AUDITORS AND RATING AGENCIES HAVE BEEN ENQUIRED INTO,AND NAILED BY THESE CLOWNS ?
THEY ARE PANDOOS/THULLAS AND BABOOS.THESE MORONS CANNOT EVEN READ AN ANNUAL REPORT.HOW WILL THEY NAIL THE AUDITORS ?
Further, SEBI passed an order on 10/01/2018 against 3) entities namely, (1) M/s. Price Waterhouse, Bangalore (ICAI Registration No.007568S), (2) M/s. Lovelock and Lewes,Hyderabad (ICAI Registration No. 301056E), (3) M/s. Dalal & Shah, Ahmedabad (ICAI Registration No. 1020 20W) and (11) M/s. Dalal & Shah, Mumbai (ICAI Registration No. 1020 21W) directing that with immediate effect the Chartered Accountants in India under the brand and banner of Price Waterhouse shall not directly or indirectly issue any certificate of audit in respect of listed companies,
IN LINE WITH THE CBI , THE PANDOOS AND BABOOS OF THE SFIO, ARE THERE, TO ALLOW THE FRAUDSTERS,TO ESCAPE.
THIS IS WHAT THE BOMBAY HIGH COURT STATED, IN Para 222 of order, in WP 4144 & 4145 OF 2019 IN THE MATTER OF THE SFIO INVESTIGATION,INTO ILFS.
“We need not dilate more on this aspect since the rival arguments on status of SFIO’s report itself show the absence of application of mind to relevant facets having bearing on it….
“Direction under S. 212(14) of the Companies Act, 2013 dated 29/05/2019 issued by respondent no. 1 Union of India to respondent no. 2 SFIO is unsustainable and it is quashed & set aside. The consequential prosecution lodged by the respondent no. 2 SFIO vide Cr. Complaint no. CC 20 of 2019 on the file of Special Court (Companies Act) and Additional Sessions Judge, Greater Mumbai; is therefore not maintainable and it is also quashed & set aside”
EVEN THE INDIAN JUDICIARY KNOWS THE WORTH OF THESE PANDOOS AND BABOOS
THE STATE OF AUDITORS IS SO PATHETIC THAT THE AUDITORS DO NOT CARE FOR SFIO/CBI/ED….. AND OTHER PANDOOS AND BABOOS,OF THE GOI
THE AUDITORS KNOW THEY WILL WIN,IN THE COURT,AS THESE CLOWNS ARE INCAPABLE OF UNDERSTANDING THE ISSUES, LET ALONE NAIL THE AUDITORS
• THE STANDING COMMITTEE ON FINANCE (2020-21) SEVENTEENTH LOK SABHA MINISTRY OF FINANCE (DEPARTMENTS OF ECONOMIC AFFAIRS AND FINANCIAL SERVICES) AND MCA, HAS NAMED DELOITTE AS THE AUDITOR,WHICH HAD MISMANAGED & WAS CRMINALLY DERELICT, IN THE AUDIT OF ILFS
o “….This Ministry filed a petition before the NCLT,seeking removal of the existing Statutory Auditors of IL&FS Financial Services Ltd.(IFIN) & further seeking a ban on appointment of Deloitte Haskins &Sells LLP and BSR & Associates LLP,, for a period of 5 years, in view of extensive findings by the SFIO against the Statutory Auditors related to their role in the perpetration of fraudulent activities by IFIN.
INDIAN RATERS ARE ILLITERATE KIDS,WHO HAVE NO INDUSTRY OR DOMAIN EXPERTISE.HOW WILL THESE CLOWNS APPRAISE ADANI ?
THE SEBI HAD INDICTED ICRA Ltd, India Ratings & Research and Care Ratings Ltd,FOR THE ILFS FRAUD.
SEBI INDICTED THE “INDEPENDENT DIRECTORS, DELOITTE AND CRA,AS ABOVE, WHAT IS LEFT ?
WHAT KIND OF A FOOL FROM THE 1ST WORLD,WILL INVEST IN INDIA ?
ANYTHING CAN HAPPEN IN CHAIWALA’S INDIA .
IT IS A MONKEY LAND !
ILFS USED TO SHOP,FOR THE BEST RATING ! THIS IS THE NORM IN INDIA ! THE SAME ROT IS WITH AUDITORS. THERE ARE 10 AUDITORS WHO WILL UNDERCUT FEES,AND SIGN ON AUDIT REPORTS.
WHETHER CRA IS US OR EU IS IRRELEVANT. WHAT IS RELEVANT IS THAT IS THE RATING STAFF ARE BRAHMINS AND BANIAS
THAT IS ALL !
REMEMBER GUPTA MEESHTAN BHANDAR,OF MCKINSEY ? RAJAT GUPTA !
OR THE GUPTA MEESHTAN BHANDARS OF SOUTH AFRICA ? OR THE INDIAN BANIA PARTNERS OF KPMG SOUTH AFRICA ? SAMIR SARDANA