Wednesday, March 22, 2017

SHELL COMPANIES for money laundering, tax evasion, hiding kickbacks, layering PART 24 -- CAPT AJIT VADAKAYIL



THIS POST IS CONTINUED FROM PART 23, BELOW--






A FEW DAYS AGO,  KERALA CHRISTIAN CONVERT  DILIP CHERIAN DEMEANED CHANAKYA (THE GREATEST SON OF BHARATMATA) ON TV   –  AS “ THE GREATEST SPIN DOCTOR”.    

ONCE A HINDU IS CONVERTED TO CHRISTIANITY HE GOES AGAINST HIS OWN WATAN.

WHEN THIS PLANET DID NOT KNOW MATH OR ACCOUNTING CHANAKYA WAS THE FIRST TO WRITE ABOUT FORENSIC ACCOUNTING.   

CHANAKYA HAD WRITTEN AN ENTIRE CHAPTER ( ARTH SHASTRA ) ON FINANCIAL EMBEZZELMENT –  40 WAYS OF DETECTION/ INVESTIGATION AND PREVENTION.  THIS IS THE BASIS OF MODERN FRAUD DETECTION , NOW PATENTED IN THE WHITE MANs NAME

CHANAKYA WAS A KERALA NAMBOODIRI PROFESSOR AT TAXILA .

HE RESIGNED FROM HIS JOB TO SAVE BHARATMATA ,  AS SOON AS HE FOUND OUT FROM A TURKISH STUDENT , THAT ALEXANDER THE GREAT HAS CROSSED DARDENELLES  STRAIT WITH A HUGE ARMY ON HORSES , 2325 YEARS AGO.

CHANAKYA, THE INTELECTUAL ,  RAN AROUND ASKING FOR HELP TO SAVE BHARATMATA  .  

ONE KING REFUSED TO HELP AND TO ADD INSULT TO INJURY, HE RIDICULED THE NAMBOODIRI WAY OF TYING THE KUDUMI HAIR ( BY THE SIDE OF THE HEAD ) -  AND TUGGED AT IT.   

CHANAKYA SWORE TERRIBLE REVENGE .  

HE UNTIED HIS KUDUMI  AND PLEDGED THAT HE WOULD NOT TIE HIS HAIR BACK ,  UNTIL HE DETHRONED THE KING AND DESTROYED HIS ROYAL BLOODLINE.




CA EXAMS MUST HAVE A SEPARATE PAPER ON FRAUD DETECTION


EVER HEARD OF YM KALE ?

HE IS A HERO !








Y.M. Kale was the first Chartered Accountant who blew the whistle against the leading business group in India.   

However he could not get the fame and glamour that  Sharon Watkins gained in USA.   He was arm twisted to resign from the job

WHY IS INDIA SO POOR IN FRAUD DETECTION?

BECAUSE THERE IS NO PUNISHMENT , BY WAY OF JAIL SENTENCES

NIRA RADIA WAS EXPOSED.

WHAT HAPPENED ?

NOTHING !




'Computer-assisted audit techniques (CAATs) or computer-assisted audit tools and techniques (CAATTs) is a growing field within the IT audit profession. CAATs is the practice of using computers to automate the IT audit processes. 

CAATs normally includes using basic office productivity software such as spreadsheet, word processors and text editing programs and more advanced software packages involving use statistical analysis and business intelligence tools. But also more dedicated specialized software are available (see below).

CAATs have become synonymous with data analytics in the audit process.

The traditional method of auditing allows auditors to build conclusions based upon a limited sample of a population, rather than an examination of all available or a large sample of data.

CAATTs, not CAATs, addresses these problems. CAATTs, as it is commonly used, is the practice of analyzing large volumes of data looking for anomalies. A well designed CAATTs audit will not be a sample, but rather a complete review of all transactions. 

Using CAATTs the auditor will extract every transaction the business unit performed during the period reviewed. The auditor will then test that data to determine if there are any problems in the data.

Another advantage of CAATs is that it allows auditors to test for specific risks. For example, an insurance company may want to ensure that it doesn't pay any claims after a policy is terminated. Using traditional audit techniques this risk would be very difficult to test. 

The auditor would "randomly select" a "statistically valid" sample of claims (usually e if any of those claims were processed after a policy was terminated. Since the insurance company might process millions of claims the odds that any of those 30–50 "randomly selected" claims occurred after the policy was terminated is extremely unlikely.

Using CAATTs the auditor can select every claim that had a date of service after the policy termination date. The auditor then can determine if any claims were inappropriately paid. If they were, the auditor can then figure out why the controls to prevent this failed. In a real life audit, the CAATTs auditor noted that a number of claims had been paid after policies were terminated. 

Using CAATTs the auditor was able to identify every claim that was paid and the exact dollar amount incorrectly paid by the insurance company. Furthermore, the auditor was able to identify the reason why these claims were paid. The reason why they were paid was because the participant paid their premium. 

The insurance company, having received a payment, paid the claims. Then after paying the claim the participant's check bounced. When the check bounced, the participant's policy was retrospectively terminated, but the claim was still paid costing the company hundreds of thousands of dollars per year.


Which looks better in an audit report ?:

"Audit reviewed 50 transactions and noted one transaction that was processed incorrectly"

or

"Audit used CAATTs and tested every transaction over the past year. We noted XXX exceptions wherein the company paid YYY dollars on terminated policies."


However, the CAATTs driven review is limited only to the data saved on files in accordance with a systematic pattern. Much data is never documented this way. In addition saved data often contains deficiencies, is poorly classified, is not easy to get, and it might be hard to become convinced about its integrity. 

So, for the present CAATTs is complement to an auditor's tools and techniques. In certain audits CAATTs can't be used at all. But there are also audits which simply can't be made with due care and efficiently without CAATTs.

Benefits of audit software include:--

They are independent of the system being audited and will use a read-only copy of the file to avoid any corruption of an organization’s data.
Many audit-specific routines are used such as sampling.
Provides documentation of each test performed in the software that can be used as documentation in the auditor’s work papers.

Audit specialized software may perform the following functions:--- 
Data queries.
Data stratification.
Sample extractions.
Missing sequence identification.
Statistical analysis.
Calculations.
Duplicate transaction identification.
Pivot table creation.
Cross tabulation. ( Commie Kanhaiya Kumar will call this TABULASSANN )

CAATs is the fundamental tool which is used by the auditors. This tool facilitates them to make search from the irregularities from the given data. With the help of this tool, the auditors and accountant of any firm will be able to provide more analytical results. 

These tools are used throughout every business environment and also in the industry sectors too. With the help of computer-assisted audit techniques, more forensic accounting with more analysis can be done. It’s really a helpful tool that helps the firm auditor to work in an efficient and productive manner. 

Working with the CAATs, it is essential for the accountant or the auditor to select the right data, the selection process is very much tricky, and you need to be professional for it. After selecting the right data, import that to the CAATs, now the tool will automatically generate the analytical data. This tool really contributes to the efficiency of the auditors. 

The fundamental course outline  include:---

Computer Auditing Overview
Legal and Ethical Issues for Computer Auditors
Understanding CAATs
Computer Auditing Project Planning
Data Access Skill and Knowledge
Data Verify Skill and Knowledge
Data Analysis Skill and Knowledge
Audit Finding Report Skill and Knowledge

CAATs provides auditors with tools that can identify unexpected or unexplained patterns in data that may indicate fraud. Whether the CAATs is simple or complex, data analysis provides many benefits in the prevention and detection of fraud.

Continuous monitoring is an ongoing process for acquiring, analyzing, and reporting on business data to identify and respond to operational business risks. For auditors to ensure a comprehensive approach to acquire, analyze, and report on business data, they must make certain the organization continuously monitors user activity on all computer systems, business transactions and processes, and application controls.

AN EXAMPLE ?

ACL Services Ltd. is a company based in Vancouver, British Columbia, Canada that provides data analytics, governance, risk management, and compliance (GRC) software, and consulting services in risk and audit management. Their flagship analytics products have been referred to as one of "the most widely used" data extraction tools

ACL has 14,000+ customers including:---

89% of Fortune 500 companies
200+ government departments in 37 national governments worldwide
500+ regional, state and local governments

ACL's customer base includes companies in a variety of industries including:---

Accounting
Banking
Education
Electronics
Engineering
Financial Services
Health
Insurance
Manufacturing
Professional Services
Software
Technology
Telecommunications
Transportation

ACL offers the following solutions:--

Audit Management - for internal audit
Compliance Management - for compliance & legal, accounting & finance, IT, internal audit
Operational Risk Management - for accounting & finance, IT, risk management, internal audit
Fraud Management - for compliance & legal, accounting & finance, IT, internal audit



IN FRAUD USING SHELL COMPANIES AND LAYERING TECHNIQUES –THE APPLE INDEED FALLS FAR AWAY FROM THE FUCKIN’ TREE


IN INDIA WE EXPECT A PANDU HAVALDAR WITH KHAINI IN HIS MOUTH TO CRACK FINANCIAL FRAUD




RAGADKE KHAINI MOONH MEIN DHAAL





ALMOST ALL BIG FISH IN INDIA OPERATES SHELL COMPANIES.     

THERE IS HARDLY A FINANCIAL FRAUD IN INDIA WITHOUT INVOLVEMENT OF SHELL COMPANIES.  

THESE ARE POST ROBBERY GETAWAY CARS OR "STOLEN TREASURE" MULES  




A charter school is a term for a school that receives government funding but operates independently of the established public school system in which it is located, and in some cases are privately owned.  

Charter schools are an example of alternative education and public asset privatization. Obama supported the spread of charter schools..   

There is a cozy relationships between charter schools and their Zionist Jew management companies . 

Such slimy  relationships are resulting in potential conflicts of interest, transactions between related parties that could result in self-dealing, and insufficient segregation of duties between the schools and their management companies.  

Charter schools simply mean leasing the administration and management of government schools to private education providers and NGOs while the funding is done by the state.

A lack of separation between the schools and their management companies can lead to internal control weaknesses that open the door to DELIBERATE waste, fraud and abuse; a lack of accountability over federal funds..

When you have really lax charter school laws, it becomes an open playing field for FRAUD and money laundering.  In USA corporations are using their control over charter schools and their affiliates to obtain unreasonable management fees for their services and funnel money intended for charter schools into other business ventures



Rothschild’s agent JEW Muhammed Fethullah Gülen is a former SUFI  imam.   He is the founder of the Gülen movement (known as Hizmet meaning service in Turkish), and the inspiration figure for its largest organization, the Alliance for Shared Values. 

He currently lives in exile in the United States, residing in USA .  He is sought by the Turkish government for alleged involvement in the 2016 coup attempt in Turkey.



Gülen Movement Schools are a network of private or semi-private schools founded by the members of the Gülen (Fethullah Gülen) movement. In 2009 it was estimated that members of the Gülen movement ran schools that serve more than 2 million students, many with full scholarships. 

Estimates of the number of schools and educational institutions varied widely, with about 300 schools in Turkey and over 1,000 schools worldwide.

In Pakistan they encourage Islam in their dormitories, where teachers set examples in lifestyle and prayer", and described the Turkish schools as offering a gentler approach to Islam that could help reduce the influence of extremism. 

THIS IS JEWISH INFLITRATION.

JEWESS Malala Yousafzai’s father is also in the education business

In India there are more than ten nine schools affiliated to the Gulenist philosophy of CTYPTO JEW Sufi --and civil society organisations have held inter-faith dialogue following the model of the Gulenist movement.

Fethullah Gulen’s followers had participated in the World Sufi Forum held in Delhi where Prime Minister Narendra Modi had participated. The All India Ulama and Mashaikh Board (AIUMB) said that Gulen baby also was one of the probable invitees to the Sufi meet.

ALL THIS IS AN EQUIVALENT OF COMMUNIST JNU –BRAINWASHING


NOW YOU KNOW WHY TWO SUFI CLERICS WENT MISSING IN PAKISTAN



Capt. Ajit VadakayilMarch 3, 2017 at 11:48 AM
http://timesofindia.indiatimes.com/world/south-asia/pakistan-should-shut-down-deobandi-schools-us-congressman/articleshow/57442684.cms

Deobandi is a Sunni movement in Islam centered in India, Pakistan, Afghanistan and Bangladesh---which was founded by Jew Rothschild who ruled India.

Deoband was just a village in India.

Today there is a Islamic school Darul Uloom Deoband there

Deobandis get Jewish funds –most of it from Crypto Jew Al Saud royal dynasty in Saudi Arabia . This royal bloodline was installed by Jew Rothschild .

Read all 5 parts of the post below
http://ajitvadakayil.blogspot.in/2015/04/lawrence-of-arabia-truth-exhumed-capt.html

Three of my Pakistani officers had told me on 4 different ships that LAWRENCE OF ARABIA was married to Farooq Abdullah’s Jewess mother.

Farroq Abdullah’s own wife Molly ( Omar Abdullah’s mother ) is a white British woman .

Why do these father/ son duo consider themselves Kashmiri Muslim? I suggest the do a DNA test.

The Deobandi movement was led by Jew Rothschild’ crypto Jew agent Shah Waliullah Dehlawi . Rothschild’s motto was IF YOU WANT TO CONTROL THE OPPOSITION LET IT YOURSELF.

The Darul Uloom Deoband, was founded by Jew Rothschild

Same way Jew Rothschild controlled Hinduism by dozens of FAKE Hindu Mutts. When I wrote the post below Tamil Brahmins threatened me . Today all accept fake history.

http://ajitvadakayil.blogspot.in/2013/06/kanchi-mutt-creation-of-white-invader.html

Jews created Protestant Christianity. There has been several Jesuit Popes ( Jews ) . Rothschild splintered Christianity into a thousand pieces

http://ajitvadakayil.blogspot.in/2015/03/protestant-christianity-created-by-jews.html

Small pox was introduced in Goa by crypt Jew Jesuit priest Francis Xavier

http://ajitvadakayil.blogspot.in/2016/09/portuguese-inquisition-is-goa-by-jesuit.html

Today almost all Madrassas in Pakistan, Bangladesh and India are run by Deobandhis with Jewish funds. They will never say a word when Saudi Arabia bombs Yemen to keep a Jew ruler Hadi in place.

They ( including Zakir Naik ) never said a word when Libyan hero Gaddafi was murdered by Jews and Al Saud bloodline . These Deobands love KOSHER Wahhabi/ Salafi money.

Most of the Deoband clerics never had a ZEBIBA mark or had it in the wrong place. I know who these crypto Jew Muslims are. They don’t even know the Koran properly

http://ajitvadakayil.blogspot.in/2011/07/cracked-heels-and-prayer-marks-capt.html

The Deobandi Movement in India is controlled by the Darul Uloom Deoband and the Jamiat Ulema-e-Hind. About 22% of the Indian Muslims identify as Deobandi. Yet when it comes to Madrassas run with Jewish Wahhabbi / Salafi funds they rule the roost.

Jew Rothschild ensures even today that Deobandhis call the shots ( SHEER MONEY POWER ) when it comes to keeping Islam a hateful and violent religion. The real Islam of Mohammad was a compassionate religion. Muhammad did certain things just to survive in the harsh desert.

http://ajitvadakayil.blogspot.in/2010/12/cultural-wisdom-capt-ajit-vadakayil.html

IN MANY PARTS OF THE WORLD MUSLIMS WHO NEVER HAD A OPPORTUNITY TO GO TO MECCA OPENLY GO TO SHIVA TEMPLES AND OFFER PRAYERS TO SHIVA LINGMA..

THERE IS ONE AT THE SOUTH EAST CORNER OF KAABA IN MECCA 5 FEET ABOVE THE GROUND

http://ajitvadakayil.blogspot.in/2009/07/vedic-practises-in-mecca-ajit-vadakayil.html

MORE HINDUS WERE CONVERTED INTO ISLAM BY JEW ROTHSCHILD THAN THE ISLAMIC INVADER.

SAME WITH BUDDHISTS TOO. WHEN JEW ROTHSCHILD CAME TO INDIA BUDDHISM WAS DEAD—

http://ajitvadakayil.blogspot.in/2014/08/chanakya-taxila-university-professor.html

DONALD TRUMP—LISTEN UP—

More than 74% of the Madrassas in Pakistan are run by Deobandis, Their seminaries teach a POISON INJECTED version of a text by the Maturidi scholar Nasafi.

PAKISTANIS PRESIDENTS COME TO AJMER TO WORSHIP THE DARGAH OF KWAJAH MOINUDDIN CHISTI.

CONTINUED TO 2--


  1. CONTINUED FROM 1--

    HEY HOW ABOUT GOING TO SAUDI ARABIA AND DEMANDING THAT THEY WANT TO WORSHIP THE DARGAH OF THE REAL PROPHET MOHAMMAD? THEY DONT DARE.

    Deobandi Founder Rashid Ahmad Gangohi born in Saharanpur was an Ansari Ayyubu crypto Jew.

    Prophet Muhammad decided to leave Mecca because he feared that the Meccan chiefs were plotting against him. These Hindus were only UPSET in 622 AD .

    Most were own Namboodiri relatives who were angry that he did blasphemy by uprooted the Shiva Lingam of the Shiva Temple at th eMecca oasis and installed it horizontally at the Kaaba.

    A Shiva Lingam cannot be shifted in Sanatana Dharma . A temple must be made over it. In the movie BAHUBALI the hero uproots the Shiva Lingam and keeps it at his foster mother’s home. This is blasphemy.

    As far the choice of migrating to Medina ( Yathrib ) –it was a mere ‘Pledge of Aqaba’ made by the first Hindu to Muslim converts -- 72 men and two women of Khazraj and Aws Hindus communities of Medina.

    They had accepted Islam and wanted to invite the Prophet to migrate to Medina for his safety . Muhammad the Kerala Namboodiri Mecca Shiva temple priest’s nephew took help from the RICH Medina Jews.

    This Jewish sect are today known as “helpers” ANSARS ( Ansari crypto Jews )..

    Abu Ayyub al-Ansari was the main force among Ansar Jews ( patrons) who supported Muhammad after the hegira (migration) to Medina in 622 AD.

    As soon a Mohammad entered Abu Ayyub al-Ansari’s home he fed all the 181 folllowers of Mohammad –who were famished and weak. They gorged themselves on good food to their heart’s content.

    Jew Abu Ayyub al-Ansari is credited with narrating many sayings of Muhammad ( hadith ). Most are poison injected today.

    EVERY MUSLIM MUST COMPULSORILY SEE THE PICTURES IN THE TWO LINKS BELOW—YOU WONT SEE IT ANYWHEREELSE—THE SECRETS OF MECCA KAABA AND ISLAM IS HERE

    http://ajitvadakayil.blogspot.in/2015/09/sanatana-dharma-hinduism-exhumed-and_27.html

    http://ajitvadakayil.blogspot.in/2015/09/sanatana-dharma-hinduism-exhumed-and_30.html


    Sorry , the great Muslim general Saladin was not an Ayyubi.. The truth is that Saladin ( the greatest hero of Muslims ) was a compassionate man and he prevented the massacre of the Jewish Ayyubi clan in Jerusalem. Saladin is a world hero , really.

    https://www.youtube.com/watch?v=X92Qapq6vJk

    It is a Zionist Jew lie that the Ayyubid dynasty is Kurdish Muslim which was by Saladin. Saladin is a Muslim Kurd who allowed the Ayyubi Jew traders to flourish

    http://ajitvadakayil.blogspot.in/2011/08/secret-excavations-at-jerusalem-by.html

    capt ajit vadakayil
    ..

Below:-- " Nobel prize winner JEWESS Malala Yousafzai's father 


Malala’s father , a  crypto Jew is  currently the United Nations Special Advisor on Global Education and also the educational attaché of Pakistan in its consulate in Birmingham, UK. Jew Rothschild’s media just loves him .   Malala’s grandfather was part of Khudai Khidmatgar..


The crypto Jew organization Khudai Khidmatgar full of crypto Jew Pashtuns ,was created by Jew Rothschild a century ago.. . The movement was led by BHARAT RATNA Crypto Jew Khan Abdul Ghaffar Khan, known as Badshah Khan.   He worked in tandem with Jew Rothschild’s agent Gandhi –and Jew Rothschild’s media called him FRONTIER GANDHI




JEW ROTHSCHILDs AGENTS FOR NON-VIOLENCE .. 

 IF CHINESE INVADE INDIA, WE WILL NOT BE SPINNING THE CHARKHA ---

WE WILL GIVE MOONH TODH FUCKIN' JAWAAB , AS TAUGHT BY BHAGAWAD GITA

The mind games of Aadhaar on the public is astounding:

1. Congress/UPA pushes Aadhaar, Modi/BJP oppose (while in opposition).
2. Modi/BJP start linking programmes as mandatory with Aadhaar once elected.
3. Supreme Court rules that Aadhaar cannot be made mandatory and must be voluntary.
4. Modi/BJP continue to link programmes, going to the point yesterday of suggesting it will be required for taxation.

On one level, everyone can be traced one way or another ration card, pan card, driving licence, voter id; so consolidation makes sense EXCEPT what you had said the NWO government will use it to turn on/off your life via programmes, subsidies etc. What a mess!

Also Sir, will Kalki avatar appear after the worst is done or while it's happening. Both Lord Rama and Lord Krishna were on earth prior to the great battles?




  1. EVERY CARD AND PASSPORT HAS A DIFFERENT NUMBER

    AADHAR CARD DOES NOT EXPIRE

    PROBABLY EVERY 10 YEARS THE GOVT MUST CHANGE THE PHOTO AND IMPROVE THE SECURITY -- SO WEED OUT FAKE AADHAR CARDS

    TO WEED OUT SHELL COMPANIES AND TO TRACK THE BENEFICIAL OWNER AADHAR CARD IS A MUST 

    WE THE PEOPLE WILL ENSURE AADHAR CARD IS NOT MISUSED

    FOR BTT AADHAR CARD IS A MUST

    http://ajitvadakayil.blogspot.in/2014/11/abolish-income-tax-in-india-have.html

    capt ajit vadakayil
    ..


IN THE PAST WEEK



SEVERAL COMPANIES IN INDIA AND ABROAD HAVE FILTERED THIS BLOGSITE .



WHY?



THEY DONT WANT THEIR EMPLOYEES TO READ MY SHELL FRAUD SERIES


I PLANNED TO END MY SERIES AT PART 24 

NOW 

I PLAN TO TAKE IT FURTHER

EVERY COMPANY WHO DOES FRAUD -- WATCH OUT



I WILL NOT EVEN ALLOW YOU TO FILE FOR BANKRUPTCY--  LONG TERM JAIL AWAITS YOU..
VIJAYA MALLA DOES NOT DRIVE OUT OF HIS BUNGALOW GATES IN LONDON

HE GOES OUT/ IN BY HELICOPTER

MODI IS NAPUNSAK

HE DOES NOT KNOW WHAT TO DO--OTHER THAN TEARING HIS HAIR (??? ) IN FRUSTRATION

capt ajit vadakayil
..







  1. Hi Sir,

    This blog site is blocked in Infosys. I am reading in mobile.

    Thanks,
    Srini

  2. SEVERAL HUGE COMPANIES IN INDIA HAVE BLOCKED THIS BLOGSITE IN THE PAST TEN DAYS



    THEY ARE FUCKED !


WHY DID IDI AMIN THROW OUT INDIANS?   

HE FOUND THAT ALL RICH INDIANS WERE SIPHONING OFF UGANDAs WEALTH USING SHELL COMPANIES


In early August 1972, the President of Uganda, Idi Amin, ordered the expulsion of his country's Asian minority, giving them 90 days to leave the country. At the time of the expulsion, there were approximately 80,000 Indians in Uganda

Idi Amin rightly accused the rich Indians of  commercial malpractice , fraud using shell companies and sabotaging Uganda’s economy ..

These corrupt filthy rich Indians with operating  shell companies  abroad where they had salted away their loot had no problem --  28000 subsequently emigrated to the United Kingdom , 6,300 went to Canada—hundreds went to Switzerland , USA , Australia, Austria, Sweden, Norway, Mauritius and New Zealand. 

The crypto Jew Ismaili Khans went to Canada.

Only 3900 ( poor  labourer Indians ) came back to  India..


Amin's decrees drew immediate condemnation, including from India, who severed diplomatic relations with Uganda. 

The Indian government warned Uganda of dire consequences, but took no action when Amin's government ignored the ultimatum. 

The United Kingdom froze a £10 million loan which had been arranged the previous year; Amin simply shrugged this off.


WE ALL HEARD OF VIJAYA MALLA AND HIS BANKRUPTCY .

HOW MANY OF YOU HEARD OF THE GRAND DADDY OF THEM ALL – RAJINDER SETHIA ?  

HE WAS IN THE GUINNESS BOOK OF WORLD RECORDS..


In a span of just 30 months, the Rs 750-crore Rajinder baby’s Sethia empire had collapsed like a house of cards, his flagship, Esal Commodities, liquidated and its creditors, including three Indian banks, were baying for his blood to recover the approximate $160 million they had loaned him . All this at a time when one dollar could buy something..

Rajinder Sethia, went down as the world's biggest bankrupt in 1985 with more than $160 million in unpaid loans and then spent 715 days in Tihar jail.

SEVERAL INDIANS ARE STILL AROUND WATCHING FOR COUPS IN AFRICAN NATIONS

AS SOON AS THE COUP STARTS THEY CREATE FAKE SHELL COMPANIES AND CREATE FAKE BUSINESS PAPERS TO SHOW THAT THEY LOST BIG MONEY IN THAT NATION..

BANKRUPTCY FRAUD USING SHELL COMPANIES HAS NOT YET BEEN ADDRESSED BY THIS PLANET

I WILL DESCRIBE IT IN MINUTE DETAIL

During the investigation, Sethia baby insisted that he had shipped sugar worth Rs 13 crores to Sudan, and urged PNB to reduce the same amount from his outstanding bills. 

The bank obliged. 

However, when CBI investigated, it found that no sugar had been shipped- and maintained that Rajendra Sethia had substituted fake documents for original ones to cover up the fraud. 

As a result, the Punjab National Bank revised the entry, which made his due amount go back to the original.

MODUS OPERANDI TO CLAIM BUSINESS LOSSES IN AFRICAN COUNTRIES WHICH HAD COUPS..  ALL DOCUMENST ARE FORGED

CBI counsel charged that Sethia baby had manipulated documents, acted in collusion with the employees of the concerned Indian banks, and under the garb of exporting consignments to nonexistent African companies taken loans worth over Rs 150 crore from the Punjab National Bank (PNB) and over Rs 100 crore from the Central Bank of India and the Union Bank of India, 

CBI lawyers contended that Sethia did not give proper securities for procuring these loans. CBI officials were sure that Sethia could not have got his loans without the connivance of influential people in Indian banks and elsewhere

In 1983, Nigeria saw the infamous military coup headed by current President Muhammadu Buhari. The democratic government was ousted, the military seized power, Nigeria cut ties with the IMF.  For two years, Buhari’s reign of terror continued- then in 1985, another military coup happened- which resulted in even more blunders.

 Together, the two coups wrecked the country’s economy.

And Sethia baby claimed that he was just another footnote in the list of casualties.

BRAAAAAYYYYYYYYYYY !


Rajinder Sethia was like a meterorite.   An NRI businessman, he owned Esal Commodities. Apart from that, he owned a “White House” in London, businesses in Africa, houses in New York, Mercedes and Rolls Royces, a Boeing, casinos, a fleet of ships and dozens of trading companies.   

Sethia baby was a bigger king of good times than Vijay Mallya ..

Son of a “jute mill” ( sic )  owning family in Calcutta ( Jew Rothschild’s partner in the Opium business ) , Rajendra and his siblings were brought up in London.  

All Jew Rothschild’s ex-Opium drug running Marwari partners in Calcutta, were experts in the shell company deception.

Rajendra Singh Sethia,  emerged in 1977, when he set up his flagship business Esal Commodities.  

After five years,  Sethia baby managed to increase the company turnover from a few lakhs  to Rs 600 crores.

He was that good—read as that slimy ..  

You don’t get super rich that fast, unless you are a crook

He knew how to get Indian Bank managers in his pocket.  Even today retired bank officers stay in his houses

He formed trade relations with Indian banks in London in 1979- including Central Bank and Punjab National Bank.   

With his “charm”  and business acumen ( sic ) , Sethia baby managed to raise a huge amount of money from the same banks, which he invested in his businesses in Africa (sic )..

EVEN TODAY WE HAVE INDIAN BANK MANAGERS GIVING HUMONGOUS LOANS TO DESH DROHI  INDIANS WHO OPEN HOTELS AND BUSINESSES ABROAD -- TO EMPLOY WHITE MEN AND GIVE THEM SALARIES AND PENSIONS. 

WE POOR INDIANS SLOG OUR ASSES OFF ,   AND PAY TAXES  BY THE SWEAT OF OUR BALLS --FOR THIS..

HULLLLOOOOOO   “MY FRIEND ARUN”    IF YOU DON’T WAKE UP-   I WILL PUT A SPECIAL POST ON YOU. 

YOUR MASTER PM MODI (  OF I CAN MAKE MISTAKES BUT NEVER DO ANYTHING INTENTIONALLY WRONG  FAME ) WILL NOT BE ABLE TO SAVE YOU ..


WE ARE DONE WITH ATTEMPTING TO WAKE YOU UP  —  WHILE YOU PRETEND TO SLEEP  !


Rajinder Sethia prospered, buying properties, living a king-size life with his wife Laxmi and by 1983, he was rolling in wealth.     His second wife Sonia died recently in a car crash.    She was Bollywood star Feroz Khan’s wife Hindu woman Sundari’s daughter ( before she married him ) –the step sister of Fardeen Khan.



TO BE CONTINUED--




CAPT AJIT VAADKAYIL
..