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
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
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
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
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
On April 22, the Sherpa association lodged a complaint against X with the constitution of a civil party to open a judicial investigation into the highly sensitive case of the sale of 36 combat aircraft by Dassault Aviation to India in 2016. The Sherpa association, which fights against economic crime, is bringing back to court… Read More Anne Michel and Simon Piel – Rafale case: Fresh moves towards a corruption investigation
In 2016 France and India signed a 7.8-billion-euro deal for the purchase of 36 Rafale jet fighters made by French defence group Dassault. Mediapart can reveal that, alongside this controversial deal, Dassault also agreed to pay one million euros to a middleman who is now under investigation in India in connection with another defence deal.… Read More YANN PHILIPPIN – Sale of French Rafale jet fighters to India: how a state scandal was buried
Exclusive: Large payments to Johnson and ministers have been kept secret for months – fuelling controversy over lavish Downing Street refurbishment, and much more.. Boris Johnson’s government is breaking its own transparency rules by allowing large payments to the prime minister and other ministers to be kept secret for up to eight months, openDemocracy has… Read More Boris Johnson government in ‘scandalous’ breach of Ministerial Code. By Seth Thévoz
The Scania bribery expose threatens to knock the bottom out of the Indian claim of having improved the ease of doing business in the country. Henrik Henriksson, chief executive officer of Scania, has claimed: “We invested heavily, went in with a bang and really wanted to succeed in India, but we underestimated the risks” – suggesting that… Read More Bharat Bhushan – Scania Scandal: Need to step up to the challenge
NB: The veracity of this report is contested, because this may be part of a campaign promoted by opponents of Sheikh Hasina. There are indeed well-respected persons who seem to have assisted this expose. Readers can make their own assessment. DS An explosive investigation reveals how a criminal gang is colluding with the security forces… Read More Bangladesh: All the Prime Minister’s Men | Al Jazeera Investigations
