When will they learn?

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Posted by Liju Philip | Posted in bhopal, bjp, congress, crime, criminals, India, Politics | Posted on 21-07-2010

The Bhopal gas tragedy, the 1984 Sikh riots, the Bombay riots, the Gujarat riots, various corporate and stock market scandals (Harshad Mehta, Ketan Parekh) are just a few examples where the Indian judicial system as well as successive governments have failed miserably.

Today’s news reports that 5 people involved in the Satyam scam have been given bail. Dont be surprised when Ramalinga Raju who is living like a king in the NIMS hospital but refuses to appear in courts or even take part in a televideo trial will soon be released on bail too.

Every Tom, Dick and Harry can make out that the various excuses given by criminals and undertrials are fake and yet our courts accept those excuses and keep pushing the dates of the cases.  A friend of mine who was working under a famous lawyer in Hyderabad used to tell numerous stories of how his boss used to hoodwink the courts with fake medical leaves, out of station kinda excuses to not attend the court.  Heck, the lawyer even used to give excuses like his car’s tyre got punctured and excused himself from attending court.  I wonder if the judge didnt remind the lawyer that there is something called autos, taxis or other public transport that he could have taken to attend court.

Till the government amends the laws to ensure that every case needs to be wrapped up in a certain amount of time no matter what the excuse, this charade will keep going on.   It took 26 years for the courts to find the guilty in the Bhopal gas carnage.  People are still suffering the after effects.  The wounds of the survivors of the Sikh riots led by the Congress ministers, the muslims killed in Gujarat with the active participation of the ruling BJP and the current CM Narendra Modi, the riots of Bombay perpetrated by the Thuggerays….the list goes on.

Till the feet of our leaders are held to the fire and action demanded from them, i dont see any closure for the millions of people on whom the actual crime is not the injustice, but the judicial system and the government that was elected to keep them safe from harm insults them repeatedly by denying them justice.

Fraudulent sales, inflated invoices, accrued interest and understated liabilities were some of the major methods that Ramalinga Raju and his henchmen used in order to make Satyam Computers Services Ltd appear highly profitable and keep the share price high, so that he could take away a whopping Rs2,743 crore out of the company. The Central Bureau of Investigation (CBI) explained this and other intricacies of its investigation into Satyam at a media workshop in Mumbai.

JL Negi, general manager, Reserve Bank of India (RBI), on deputation to the CBI explained how Ramalinga Raju falsified facts and puffed up results. He said, the company benchmarked its performance to that of Infosys. The financial numbers were massaged through fraudulent sales- invoices generated through “Excel porting”, which allowed the founder of Satyam and his co-conspirators to raise invoices bypassing the regular system and obfuscating an audit trail. In the period from April 2003 to December 2008, 7,561 fake invoices were created by a set of people close to Raju, who had access to the system. The fake invoices generated without purchase orders were shown as “hidden” and could only be accessed by a chosen core group. The CBI alleges that Mr Raju even asked his software team to develop certain products for seven non-existent customers.

These were Mobitel, Cellnet, E-care, Synony, Northsea, Autotech and Hargreaves. Fake revenue was recognized for these products by generating fictitious email as if they originated from these customers.  A domain was created in rediffmail to send these emails and 63 invoices were generated to raise Rs430.66 crore. The company even booked Rs31.18 crore as forex profit on account of fictitious sales.

Read this full article in livemint on how Ramanlinga Raju used his position in Satyam to perpetrate the scam.  You have to simply say hats off for the way he manipulated the scam.

Not to mention a big kick on the backside of the regulators, law enforcement agencies who let the scam happen for years and kept their eyes shut.

Past articles on the Satyam scam

The Satyam shocker continues…
Ramalinga Raju – The fraud King
Satyam’s pack of lies crumble
The Satyam – Maytas flip flop

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After Google, is Dell on its way out of China?

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Posted by Liju Philip | Posted in Business, china, dell, google, hardware, India, invest, IT, money, software | Posted on 24-03-2010

Seriously, its high time the government of India paid proper heed to push up the manufacturing industry in the country.

Prime Minister Manmohan Singh dropped a bombshell at the meeting of the full planning commission on Tuesday when he disclosed that the US computer hardware giant Dell was looking at shifting out of China, and hinted that the company may be looking at India as its sourcing base. Dell, he quoted the company’s chairman as saying, buys $25 billion from China. China’s loss could mean a huge gain for India, he added.

The news comes on the heels of software giant Google shutting down its search engine in mainland China and redirecting Chinese language search traffic to Hong Kong.

The prime minister, in his closing remarks at the plan panel meet, said: “A very important point has been raised regarding development of the hardware sector of information technology. This morning I met the chairman of Dell Corporation. He informed me that they are buying equipment and parts worth $25 billion from China. They would like to shift to safer environment with climate conducive to enterprise with security of legal system. So I think this is an area where there are immense opportunities. I urge the Planning Commission to apply their mind about development of hardware and parts of computer industry.”

Full article here

Google picture courtesy:  Apple Investor

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Just Read – Halliburton’s Army

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Posted by Liju Philip | Posted in afghanistan, halliburton, iraq, kbr, oil, Politics, USA | Posted on 03-03-2010

Everything about the United State’s war in Afghanistan and Iraq is well documented.  What is little known is the details that goes into the well oiled war machine of the US Army.  A company by name Halliburton, which in the general sense is known to people as a company that is into oil discovery and marketing is very much entrenched in the way the US government goes into war.

Years ago Donald Rumsfeld and Dick Cheney laid the foundations of outsourcing the critical logistics of the American military machienary.  Dick Cheney as the head of Halliburton and Donald Rumsfeld as the person who created the policies necessary for the same.

Today Halliburton-KBR (Kellogg, Brown & Root) which was later on split into two different companies, Halliburton and KBR are the main ones who run the logistics of the American military.  In the process they have totally corrupted the procedures and have billed the American public billions of dollars of fake expenses.

Pratap Chatterjee goes into great detail as to how the Halliburon-KBR combine came about, how it managed to entrench itself into all the contracts of the military logistics, its transgressions, fake billing, over billing, wastage of food, resources, blatant human rights abuses, rapes of its female employees, usage of foreign nationals in war zones with no safety equipment, their exploitation etc.  Its a disturbing read of how in this age of free and available information, all these details have been hid from the public in general.

The book is in the markets for a few years and the fact that it hasnt been challenged or sued is a sure indication that the author has got his facts right and that he has evidence to prove all accusations he presents in the book.  Even though Halliburton-KBR might reject the author’s claims, it does recognise the rot that infests the organisation.

Chatterjee (Iraq Inc.) delves into the nebulous world of the Houston-based Halliburton corporation, tracing the company to its roots, when a fortuitous meeting with a young Lyndon Baines Johnson propelled the Brown and Root Company (which later merged with Halliburton) into Washington power politics. The author details the military contracting that largely funded the company through WWII and into the present-day war in Iraq, intertwining the company’s history with the biographies of Dick Cheney, Donald Rumsfeld and other officials in the Bush administration. Chatterjee provides a laundry list of abuses for which the company has been investigated, including inflated billing of the Pentagon, providing unsafe living conditions for U.S. soldiers, labor exploitation and coverups to avoid congressional inquiry. He concludes with a look at the whistleblowers that brought these scandals into the public eye and the repercussions of the eventual congressional investigation. Chatterjee keeps the pace of the narrative at a quick clip and nimbly marshals his extensive evidence to reveal—without sanctimony or stridency—Halliburton’s record of corruption, political manipulation and human rights abuses.

“Halliburton’s Army” begins citing how $5,000/day oil-well fire-fighters were brought in, despite the Kuwaiti’s offering to do the job for free out of gratitude for Gulf War I and concern for their own environment. The situation rapidly deteriorated – potential whistle-blowers demoted or other wise threatened, overheads running 43-55%, overcharges for fuel – $2.64/gallon, vs. a local Iraqi source at .96/gallon (or even an internal Defense Dept. source at $1.32/gallon), splitting contracts to avoid bidding requirements associated with large dollar amounts, billing for hours not worked, ordering multiple items when just one was needed (cost-plus!), serving overpriced and sometimes outdated food to non-existent troops, failure to treat water with chlorine, using very-high-priced suppliers, electrocuting troops via improper electrical work, failing to pay required disability benefits to those injured on the job, etc.

Source: Halliburton’s Army Amazon page

Halliburton’s Army: How a Well-Connected Texas Oil Company Revolutionized the Way America Makes War
Author – Pratap Chatterjee
Pages – 304
Publisher – Nation Books

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Mossad’s killing ways

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Posted by Liju Philip | Posted in dubai, India, israel, middle east, mossad, Politics, terrorism, World | Posted on 19-02-2010

A good writeup on the assassination of Hamas’ top leader Mahmoud al-Mabhouh on January 19 at a hotel in Dubai allegedly by 11 members of Israel’s secret service organisation.  The whole operation by Mossad has many lessons for the Indian government to learn.

While dealing with terrorist supporting countries like Pakistan, an aggressive covert assassination program can go a long way in controlling the terrorism perpetrated by Pakistani supported terrorists on India.  Taking out select leaders of the rogue intelligence agency, ISI sponsoring the terrorism and leaders of JuD, LeT etc should be actively considered by India.

After the disastrous policy by the ex-Prime Minister IK Gujral who shut down the Counter Intelligence Teams of R&AW, its time India flexed its muscles.  A few targeted killings will send a strong message across to our neighbours that their transgressions will not be tolerated anymore.  The only way to stop terrorism is to increase the cost on the sponsors.  They slap you and you gouge out both their eyes and bash their face up badly.  That’s how you respond to terrorism and not by getting apologetic about it.

But it needs leaders with guts and conviction to take up such measures.  Do we have any of them?  Our leaders are either busy dividing us on caste, religion, region etc or sucking up to minorities.  Anyone out there who can implement these measures?

According to a report in the Telegraph, the group, which included a woman, entered the hotel dressed as businessmen and tennis players, and managed to strangle Mabhouh inside his room. The assassins arrived in Dubai carrying French, German, Italian and Swiss passports, and checked into different hotels, says the report. They used fake names like Gail Folliard, Kevin Daveron and Peter Elvinger.

They met later at a shopping mall, and communicated with each other before that via a ‘command centre’ in Austria, says the report. Traveling under the alias of Mahmoud Abdul Ra’ouf Mohammed, Mabhouh was spotted at the Dubai airport by a member of another surveillance team, who had waited hours for him.

Meir Dagan – The current head of Mossad

After he checked into the al-Bustan hotel, one of the hit squad dressed as a tennis player accompanied him in the lift, and followed him to his room, the daily said. The information was then passed on to Elvinger, the group’s leader, who promptly checked into the room across the corridor from Mabhouh, says the Telegraph.

Soon, another surveillance team arrived to keep a check on the target, who left the hotel half an hour later. The group tried to take advantage of his absence and attempted to break into his room, while the woman and Daveron kept a look out for other guests. The police have not released footage of what happened next, but the assassins somehow managed to force or fool Mabhouh into opening his door, and suffocated him, said the paper. They then locked the door from inside and left.

The team left Dubai on different flights over the span of the next 12 hours, and fled to various destinations including Frankfurt, Hong Kong and South Africa [ Images ], said the Telegraph. Mabhouh’s dead body was discovered over twelve hours later, and his killers, ‘a professional team that is highly skilled in these kinds of operations’, were thousands of miles away by that time, said the daily.

Read the full article here

And now, Dubai has threatened to issue an arrest warrant against the Prime Minister of Israel, Benjamin Netanyahu if Mossad’s complicity in the assassination is proved.   It would be good for Dubai to first explain as to what the leader of a global terrorist organisation was doing in its country?  It would be better for even Britain who is now blowing hot and cold against Israel to see why most of the terror plots in the world today are being hatched on their own soil and why most of the terrorists seem to have some connection with Britain?

Countries like Britain and Dubai seem to be in the crosshairs of global terrorism and it would be good for these respective governments to get their houses in order before pointing their fingers at others.  As for Mossad, its job is to keep its people and country safe.  And to chase down anyone who hurts their people/country and kill them like dogs.  Three cheers to Mossad for a job well done.

Some good reading on Mossad in the Telegraph paper here – “Mossad’s license to kill“.  How i really wish our so-called external intelligence agency, Research and Analysis Wing (R&AW) would grow some balls and do their job properly than being caught with their pants down.

Above pictures source:  FPP & Wikipedia

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Paper Tiger and their chicken followers

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Posted by Liju Philip | Posted in bal thackeray, bombay, India, mumbai, Politics, raj thackeray, shiv sena | Posted on 09-02-2010

When Raj Thuggeray’s Thackeray’s security was scaled down, he cried mummy and hid inside his home.  Now, after waving black flags at Rahul Gandhi’s trip to Mumbai, some of the Shiv Sena’s leaders’ police protection has been withdrawn leading to cries of mummy again. Hahahaha…. i love the scums of Shiv Sena, their paper tiger’s empty threats and their panic the moment their security cover is withdrawn.

Three Shiv Sena legislators complained Monday that their police security cover had been withdrawn, and accused the Congress-NCP of getting back at them for their recent opposition to the government.

Two of the three lawmakers, Jogeshwari MLA Ravindra Waikar and Andheri MLC Anil Parab, were among the 342 Shiv Sena activists who were detained last week for waving black flags at Rahul Gandhi during his visit to Mumbai. Before that, Parab had led a march to Shah Rukh Khan’s home to protest the star’s statement that Pakistani players should have been part of the IPL.

The third lawmaker, Bandra MLA Prakash (Bala) Sawant, said he had not taken part in any protests but had visited police stations to talk to Sainiks who had been detained.

MLAs and MLCs in Maharashtra are provided security by the Protection and Security Department of the Mumbai Police, and are assigned policemen not above the rank of constable who carry a small weapon and work in 12-hour shifts.

Sawant complained he had been targeted despite his not having taken part in the protests. “I had only gone to meet activists detained at various police stations,” Sawant said. He added he would write to the police to ask them to restore his security. “My constituency is very sensitive and if anything happens to me the state government will be responsible.”

Read the full news here

I have always believed that all these morons dont deserve even a single police constable’s protection around them.  Since they have no qualms whipping up communal and regional feelings and exhorting their supporters to beat up innocent people, the police should also let them be at the mercy of people who want to take revenge from them.

Let them also be beaten into pulp while the rest of the world watches the fun.

Picture source: Moneytrader

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