Tag: corruption

George Monbiot: Trashing the planet and hiding the money isn’t a perversion of capitalism. It is capitalism

Whenever there’s a leak of documents from the remote islands and obscure jurisdictions where rich people hide their money, such as this week’s release of the Pandora papers, we ask ourselves how such things could happen. How did we end up with a global system that enables great wealth to be transferred offshore, untaxed and hidden… Read More George Monbiot: Trashing the planet and hiding the money isn’t a perversion of capitalism. It is capitalism

Dilip

Pandora Papers: Suspect foreign money flows into booming American tax havens on promise of eternal secrecy

NB: What is capitalism without cronies and corruption? Will the free-market cult followers consider why capital is free, but human beings are not? DS Suspect foreign money flows into booming American tax havens By Will Fitzgibbon, Salwan Georges and Debbie Cenziper Across from a Holiday Inn, in a red-brick building with a welcome sign that… Read More Pandora Papers: Suspect foreign money flows into booming American tax havens on promise of eternal secrecy

Dilip

MAHESH DONIA – Profit and Gloss Massive concealment of production and profits by aluminium giants

AT THE START of India’s struggle with the COVID-19 pandemic, the Aditya Birla Group and Vedanta Limited were among the first corporate donors to the PM CARES Fund—the emergency-relief fund helmed by Prime Minister Narendra Modi, which his government has shielded from all public scrutiny amid questions over how it has been managed and spent. Within… Read More MAHESH DONIA – Profit and Gloss Massive concealment of production and profits by aluminium giants

Dilip

Bharat Bhushan – Rafale deal: Could French investigations turn up a Bofors?

A judicial probe has been ordered in France into the corruption surrounding the Rafale fighter jet deal with India. In India, the Supreme Court and the Comptroller and Auditor General have already given a clean chit to the Narendra Modi government in the deal. The Parquet National Financier (PNF) responsible for tracking down complex economic… Read More Bharat Bhushan – Rafale deal: Could French investigations turn up a Bofors?

Dilip

Rafale Papers: France opens judicial probe into fighter deal with India, new revelations emerge // Opposition Parties Say it's Time for Investigation in India Too

A French judge has been appointed to lead a judicial investigation into suspected “corruption” and “favouritism” over the 7.8-billion-euro sale to India of 36 Dassault Aviation Rafale fighter aircraft, Mediapart can reveal. The highly sensitive probe into the inter-governmental deal signed off in in 2016 was formally opened on June 14th. It was following Mediapart’s “Rafale Papers”… Read More Rafale Papers: France opens judicial probe into fighter deal with India, new revelations emerge // Opposition Parties Say it's Time for Investigation in India Too

Dilip

Gautam Adani Lost More Money This Week Than Anyone Else in the World

Indian billionaire Gautam Adani’s dream run up the global wealth rankings is faltering after a media report raising questions about some offshore investors triggered a rout in his conglomerate’s six listed stocks. The 58-year-old tycoon has lost more money this week than anyone else in the world, with his personal fortune tumbling by about $13.2… Read More Gautam Adani Lost More Money This Week Than Anyone Else in the World

Dilip

Cutlet for Cutlet

NB: The comment below is taken from Jairus Banaji’s Facebook page dated June 13, 2021 The title of this blogpost is me being sarcastic. I had originally titled it Sovereignty of Capital or Nation as property, but thought it redundant. No comment is required. Readers might be interested in this investigation, and Bharat Bhushan’s report on  the Scania… Read More Cutlet for Cutlet

Dilip

Tom Phillips: Tens of thousands of Brazilians march to demand Bolsonaro’s impeachment

Tens of thousands of protesters have poured on to the streets of Brazil’s largest cities to demand the impeachment of President Jair Bolsonaro over his catastrophic response to a coronavirus pandemic that has claimed nearly half a million Brazilian lives. The demonstrators turned out in more than 200 cities and towns for what is the biggest anti-Bolsonaro… Read More Tom Phillips: Tens of thousands of Brazilians march to demand Bolsonaro’s impeachment

Dilip

India, Brazil and the human cost of sidelining science

Last week, Brazil’s total death toll from COVID-19 passed 400,000. In India, the pandemic is taking around 3,500 lives every day and has prompted a global response, with offers of oxygen, ventilators, intensive-care beds and more. Although these two countries are thousands of miles apart, the crises in both are the result of political failings:… Read More India, Brazil and the human cost of sidelining science

Dilip

Bharat Bhushan – Covid-19 drugs: Eager beavers of BJP play God

Recently the former District Communication Chief of the Rashtriya Swayamsevak Sangh (RSS) for Delhi tweeted “There is fire everywhere in Delhi, has any Dilliwala seen BJP Delhi? Where is BJP4Delhi? Or is the state body dissolved?” Rajendra Tuli’s question could as well be put to the BJP and its leaders, generally missing from the fight… Read More Bharat Bhushan – Covid-19 drugs: Eager beavers of BJP play God

Dilip