Advani says sorry to Sonia on Swiss bank account issue

Discussion in 'Politics & Society' started by Yusuf, Feb 18, 2011.

  1. Yusuf

    Yusuf GUARDIAN Administrator

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    I didnt get it. Why did Advani have to say sorry? Sonia wrote a letter to Advani saying she didnt have any account in Swiss Bank and neither did her husband and Advani accepted and apologised? Does it mean that BJP now thinks the Gandhis are clean and they will not go after them? Does it mean that they also absolve them of Bofors Deal as that was the major source of the alleged black money for the Gandhis.

    What the hell is going on? Whats the quid pro quo?
     
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  3. johnee

    johnee Elite Member Elite Member

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    Exactly Yusuf, I dont get it either. There is some thing amiss. Either this report of apologising is wrong or there is some major quid pro quo...

    Anyway, it is really time for this loser called 'Advani' to quit. This loser could not even win against the weakest prime-minister of India. He does not deserve to be in politics anymore. BJP must bring someone else at the helm of affairs.
     
    Last edited: Feb 18, 2011
  4. Yusuf

    Yusuf GUARDIAN Administrator

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    We may soon get a rejoinder saying Advani was misquoted as i think this statement is pretty huge and gives Congress major brownie points. Or we might find BJP dissociating itself from Advani and say its his personal opinion.
     
  5. johnee

    johnee Elite Member Elite Member

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    I am more than sure that Advani waffled something and some journalist twisted it to make it sound convenient to Sonia Gandhi. Indian journalistic standards and the journalists' love for the Gandhis is well exposed in the Radia tapes...
     
  6. Yusuf

    Yusuf GUARDIAN Administrator

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    Black money charge: Advani regrets hurting Sonia

    New Delhi: Senior Bharatiya Janata Party (BJP) leader LK Advani has written a letter to Congress President Sonia Gandhi regretting his allegations that she and former prime minister Rajiv Gandhi held accounts in foreign banks. Advani wrote back to Sonia after she sent a letter to the BJP leader denying the allegations.
    In the letter Advani said that it would have been better if she (Sonia) had clarified on the black money issue earlier. Then the BJP task force would not have made the allegations, he wrote in the letter. Advani also regretted any hurt caused to Sonia.
    A BJP task force letter written by Advani at the BJP's national executive at Guwahati had alleged that Sonia and her husband Rajiv Gandhi held foreign bank accounts.
    In response, Sonia wrote a letter denying that she or any one from her family had any such accounts.
    The BJP has been demanding that the names of those with money stashed abroad be made public.
    However, Congress sources told CNN-IBN that Advani has not apologised to Sonia.

    http://ibnlive.in.com/news/black-money-charge-advani-regrets-hurting-sonia/143633-37-64.html

    Ok, so he has not apologized but regretted says another report. But certainly it represents a climb down in position of Advani at least. Something is certainly fishy.
     
  7. Yusuf

    Yusuf GUARDIAN Administrator

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  8. sayareakd

    sayareakd Moderator Moderator

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    what must have happen is that Sonia must have shown the list and account details of BJP's members in swiss and other bank, that must have prompted the apology.
     
  9. thakur_ritesh

    thakur_ritesh Administrator Administrator

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    lol saya, i wont be surprised if that would have actually happened.
     
  10. Yusuf

    Yusuf GUARDIAN Administrator

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    Saya i dont think you may be off the mark. It may not have to do with swiss banks but other black money esp coming out from Karnataka. And we may not know yet of other scams involving BJP. Perhaps we may also not see the JPC on 2G? MMS agreed for it and the BJP was hoping he would not. May be the demand for the JPC was a sham? May be the JPC will now dig out some dirt during NDA?

    God Politics!!!

    Dal mein Kala Zaroor hai bhai. If fact poori dal hi kaali hai.
     
  11. sayareakd

    sayareakd Moderator Moderator

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    yusuf lot of scam from NDA govt, specially the money which was lost after the Promod Mahajan, plus the money made from lot of deals in that era is sitting in foreign banks. BJP could not have lost this golden opportunity to target congress and sonia, unless they dont want the country to look at things which would harm their interest.
     
  12. S.A.T.A

    S.A.T.A Senior Member Senior Member

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    The last thing shri Advani wants is to spend his retirement days fighting defamation case from Sonia Gandhi,the task force report and the allegation against Sonia and Rajeev was a clever ploy to instill a response from Sonia Gandhi,allegation in a BJP report could no to be so easily ignored or brushed aside by congress like that of Subramaniam swamy.The point i think was to elicit an official response.There reports that constituting the JPC to probe 2G scam is a mere formality now and will be announced soon.BJP will now be hoping to expand the ambit of the JPC probe to expand and cover the CWG,Adarsh scam and the illicit nature of money stashed in foreign accounts.Limiting the JPC probe to 2G spectrum might damage the DMK,but for BJP the real target is congress........
     
  13. ajay_ijn

    ajay_ijn Regular Member

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    i could never understand how money can be simply stashed in Swiss Bank accounts. Any electronic transfer from India to other countries has to be monitored by RBI. if they are routing it through other countries, then all big transactions should be monitored. and more over,
    if its an electronic transfer, its no more black money, its complete white. IT dept can get details on all electronic transactions quite easily.

    assuming we do have hundreds of billions of dollars in that country, Then India should be determined even to threaten Swiss with cutting off diplomatic and trade ties. aim should be first at preventing any future money flowing to swiss and then about getting back the money which is already in those banks.

    We are able to control any foreign inflows of funds. check them if needed. Why we are not able to check any outflow of funds.

    unless its like illegal hawala system organised by mafia.


    black money is generally in form of liquid cash, gold, property, land etc.

    How can they simply transfer them to swiss bank accounts?
     
    Last edited: Feb 18, 2011
  14. sayareakd

    sayareakd Moderator Moderator

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    ajay as per Income tax act, any income which is made by Indian in an year is taxable, in this case if some favor has been done, for which money (bribes) is paid in foreign country, it is not taxed (since the max rate of tax is 30% which is substantial amount in India where the bribes are in multi crores). These persons dont declare this money in their tax returns.

    so the money on which taxes are not paid become black money.
     
  15. ajay_ijn

    ajay_ijn Regular Member

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    bribes paid in foreign country?
    where the money comes from?

    how hundreds of billions of dollars from india goes outside without Financial regulator being aware of it.

    Is he going to stash the cash/gold in his bags and fly to Switzerland?
    Are they following Hawala System like in middle east?

    or Swiss banks branches in India collect money and secretly transfer them to Switzerland through electronic means? RBI will kick them if they do that.
     
    Last edited: Feb 18, 2011
  16. Yusuf

    Yusuf GUARDIAN Administrator

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    it is very easy to transfer black money abroad and we dont even need the banks to do it.

    Besides, any bribes paid by foreign firms for contracts in india dont have to come to india. Cash can be deposited in the banks under any name. These banks are more than happy to receive such money and not report it.
     
  17. Yusuf

    Yusuf GUARDIAN Administrator

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    Hawala like Mid East? Its rampant in India and a very easy way of transferring money. Bribe money does not have to come to India.
    Other things people do is register companies in tax havens and suck out the money avoiding tax here. These are front companies of Indians.
     
  18. ajay_ijn

    ajay_ijn Regular Member

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    agreed thats one point.
    but i was talking about money from India going outside. how is that possible without Govt being aware of it.
     
  19. S.A.T.A

    S.A.T.A Senior Member Senior Member

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    Bribe or commission paid by foreign entities for services,often illegal,rendered in India by Indians cannot be easily traced in it deposited in anonymous numbered accounts of swizz banks,but according to prof vaidyanathan of IIM Bangalore,between 2002-2006 more than 136 billion dollars made it out of India into foreign destinations,this level of slush money leaving Indian shores cannot take place unless there is some sort of connivance between people who made these transfer and the vested interests in position of power and authority.Sections of indian bureaucracy at the helm of various financial authority and institutions that that monitor and regulate international financial transactions are part of this illegal syndicate...........
     
  20. Yusuf

    Yusuf GUARDIAN Administrator

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    The agencies probably will not even come to know if it. Only some good intel work can track it. You can transfer money without having to move. Happens with lip movement.

    See Dubai is a hub where they dont mind doing wired transfer as long as they see money. Swiss dont mind any money either black or white. Sending money from here to dubai is a piece of cake.
     
  21. ajay_ijn

    ajay_ijn Regular Member

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    is it not possible to track such companies, their activities, transactions? and impose rules against them.
    our country is after all known for license raj, why not create another set of rules. Everyone knows the intention of having entities in tax havens.
     

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