Pandemic of Ignorance, Stupidity and Corrupt Reporting in Business Media

Who got 553 Million USD loan from US international Development Finance Corporation?

 If you follow Indian Media and Indian Press, you would think that you know the answer and its Adani group . 

Well, you would be dead WRONG.

 If you think, such skewed and falsified Reporting lead to Adani buying back their own shares through proxies and shell companies to jack up their share prices and Standards & Poor managed Sensex jumping up to record levels .. Well , don't lie, you haven't had any such thoughts ,  before you read this post.

Metamorphosis of News to Bad News to Fake News

Lazy Reporting Event Number 1 : Reuters

 

What Reuters should have mentioned that although proposed Colombo container terminal is managed by Adani Ports, the company is a separate entity with a separate name and separate business address in Sri Lanka. 

Colombo West International Terminal Private Limited

Somewhere down in last paragraph,  Reuters managed to mention that Adani group owns 51% stake in this venture and reluctantly mentioned the name of John Keells Limited ( actually its John Keells Holdings Limited) and Sri Lanka's Government has major shares in it.

We know the shareholding pattern of Colombo West International Terminal (CWIT) well before Reuters wrote the post (Sorry boys, it wasn't detailed enough to be called as News Article); it was reported in November 2022, what the shareholdings are:

Adani Ports and Special Economic Zone (APSEZ) : 51%

John Keells Holdings (This is one of largest Srilankan conglomerate and it is S&P Sri Lanka Stock market index) : 34%

Sri Lanka Port Authority, fully Government owned : 15%

Bloomberg did a hachet reporting job as Well..

 

Maybe Michael Bloomberg has been getting a series of bad fortune cookies from the Chinese, so Bloomberg declared entire Colombo port as Adani's personal port.

Perhaps Bloomberg doesn't understand the difference between a port and a container terminal.

 Bloomberg doesn't even know that DFC loan is specially earmarked for transhipment facilities on Colombo West International Terminal, well DFC released a 6 page pdf on the loan but if they had to read that, wouldn't that be an insult to their official employee dogtags that hung on their shoulders?

Did any of the media report that the loan is for a 20 year period? DFC chief Scott Nathan expects that both Joe Biden and himself would be dead and buried by then!

Had they read the ridiculous DFC report, they would have noticed "Deep Water Container Terminal" is flawed from beginning..

Now this project was 789 million USD project last year, now cost has gone up to 851 million or what? DFC loan adds the total loan (they call it Funding) to 851 million? 

Or is additional 62 million is DFC's Kickback?

Although DFC outlines, various risk assessments in its report but nowhere did they mention Hindenburg research..

Here I give you the proof, Hindenburg research is not found in PDF document..

DFC went on to list Marine Ecology, Effects of Dredging, Contacts with Fishermen as potential risks and social impacts in flimsy terms and glossing over the reality. 

This transhipment pipedream is as much unrealistic as Chinese transhipment mega project failure in Sri Lanka. That's besides the point, when this project fails, neither Indian billionaire Adani nor would Sri Lankan Millionaires in John Keells Holdings would pay the loan back.. the burden would fall squarely on ordinary folks there, for that meagre 15% stake of their government.

 

In fact, DFC report does not mention Adani by name even once in their 6 page pdf. 

 

Enter The Fake News Maestro: Bloomberg,  the iceberg that one day would sink the titanic of truth.

We have seen that original DFC document does not mention either Adani or Hindenburg by name, yet Bloomberg manages to catch hold of a sixth cousin twice removed relative of DFC to say, this fake news.

It is well known in diplomatic circles that all DFC loans are geopolitical kickbacks and they never achieve their publicised goals. But Bloomberg would never say that..

The shitstorm such bad fake news spawn and derivative news article, results into further worsening fake news..

Should I laugh or should I cry at this fake news?

Conclusion:

Based on Such bad news, Adani stocks are rebounding like crazy, while India's currency continues to tank against US dollar. 

What would you do? Cheer on fraud Billionaires as stock market rises? Or lament on the demise of Indian rupee and look helplessly on real inflation that refuse to show on official records but effects your daily life in India anyway.

Ethics Ha ha ha Committee of Loksabha, Lower house of Indian Parliament

 I was Stunned to know that Indian Parliament has an ethics committee and so I looked into Its composition and workings..

In Modi's first term, in 5 years from 2014-2019 (the 16th Loksabha) this committee had a grand total of one and only one meeting.. in 2015 .. that's some stress on ethics.

 Let me remind you, this is when reliance Jio used Modi's picture while launching its mobile phone service, yet no ethics meetings were called . 

Just before Demonetisation, ruling BJP members and functionaries deposited large sums of cash in Banks and used the to be banned "currency notes" in real estate transactions . 

BJP MPs publicly promoted Privately owned e-wallets and digital payment services, still there was no meetings of breaches of ethical code.

Sum total of their existence in last Loksabha is just one introductory meeting. 

 Ethics In Current Loksabha .. Committee Workings ( or not )

I find they had not discussed or referred to any bills to be presented in Loksabha.  In last four and half years had only 6 meeting and Zero sittings, until the Mohua moitra eenquiry started; For which they had 3 meetings in 3 weeks. Here I present the evidence of that in form of Sansad website screenshots:

One can only guess, "Adani sab ka malik hai" meaning "Adani owns everything and everyone" and rather than the merits of questions raised by Ms. Moitra they are discussing who uploaded her questions and who logged in on her behalf.  And then the usual innuendos gets mixed and Toxic Indian Media spreads propaganda. 

Would Any Media House care to look at the composition of this committee .. I guess that too had to be done by me.

Let's start with the chairman, shall we?

Vinod Kumar Sonkar, is a BJP MP from Kausambhi in Uttar Pradesh and is a businessman by profession and has high amount of Personal debt and about 15-20 of his assets comes from stock market linked investments. 

 

And of course,  he has 4 criminal cases pending, at least, had 4 criminal cases in 2019, including case of inciting communal disharmony and riots. Since Uttar Pradesh is also ruled by BJP, so police had not taken any action against him.

 

AdaniGate could have personally dented his fortune, as he himself has declared in his election commission affidavit that he has invested in NSE Index funds in his as well as his wife's name. 

 So when Adani shares suffer a setback, one or more investments of Mr. Sonkar suffer a setback,  clear,  isn't it? Doesn't this tantamount to conflict of interest on Mr. Sonkar's part?

Has Indian Parliament had no better member than this Mr. Sonkar for ethics committee? In occupation column, he wrote that he is a businessman; But failed to mention his business organisation.

 Was Mr. Sonkar not a Director in these 3 Private Limited companies? Through his business partner Mr. Singh had he not opened many businesses in Varanasi, Modi's own constituency?

These BJP MPs has made so much money, illegally and by dubious means,  that ethics committee chairman forgets to mention his LPG tanker business, which partly Government owned Indian Oil Corporation uses and tankers were bought by loans from Government bank.

What are Mr. Sonkar's relationship with these 3 companies?

Is giving wrong information or suppressing information, an example of good ethical practices?

A Tale of Government Policy, Two Narendra(s), One Narendra's Son and Zero Action by ED

In the strange land that used to be India, Enforcement Directorate (ED) decides which Government policy is Good and who are eligible to get Windfall profits and who are not..

 I have come to know about a Narendra, Central cabinet minister (Agriculture minister) has son called Devendra Tomar .. thanks to a viral video on Social Media where he is talking about huge amount of Money transfers (allegedly for kickbacks and bribes). Had his father been an opposition politician , he would have been questioned by ED , CBI and who not.. simply basis of such video . 

Devendra can thank his lucky stars that his daddy is in BJP and "Black Farm Law" authoring and supporting Agriculture Minister, so he will not be subjected to downright abysmal Vilification by Noida based Godi Media.

Curiously I searched on the Internet, may be he is some big shot businessman who deals with Billions of rupees every day.  

Look at what I found:

 It seems that in last 5 years, he has opened 4 paper or shell companies with family members in 4 distinct fields..

He told Government of India's Corporate Affairs Ministry, who data these websites access that he is Managing Director of a funny named "Mango Pharmaceuticals Private Limited" since 2018.. a company that doesn't even have a website.. has only two directors, other being a Nivedita Tomar.. most probably a member of his family. No wonder, Government's latest employment data says 52% of employed people are self employed.  "Mummy mujhe MD bana doh, papa ne  bhai ko bana rakhha hai" ("Mom make me Managing Director, dad wont, as he made brother MD in his company") kind of employment.

 Registered Address of that company is hilarious and copy it as found it.. 

C/o Narendra Singh Tomar, House No. 38 Arya Nagar,Morar, GWALIOR

Oh Sonny, Sonny, Sonny.. did you really had to mention "Care of my daddy, a cabinet minister" in incorporation of your company?? It's upto Enforcement Directorate to find what Windfall gains, if any .. Junior Tomar got out of this company. What were the Pandemic era sales of this company? Nobody knows, I guess.

 incidentally Google map can find a Mango juice shop but not Mango Pharmaceuticals in GWALIOR.

Come 2019, he opens another company, this time in Ghaziabad, called "Bravo Multisports Private Limited" with authorized capital of just 5 lakhs and paid up capital of just one Lakh. What kind office space can one get in 1 lakh in Ghaziabad, a parking lot of a Maruti? Maybe even not that.. ha ha ha.. Registered Address is ambiguous, can be a flat or a parking lot..

III F 411 VAISHALI, GHAZIABAD

Once again, Google Map can find "Brave Gym" in Ghaziabad but not this company. Was Junior Tomar getting benefits from "Khelo India" policy of BJP governments? Would CBI look into that? Obviously not .. even if a BJP minister's son gets some money from Government policies .. so what?

Then in lockdown years Junior Tomar could not open any more company in 2020 and 2021 .. One can only guess his jump from Multivitamins of Mango Pharmaceuticals to Multi-sports in Ghaziabad did not get any traction with public, hence Google map can't find this establishment either. 

In 2022, he opens another company, Sharda Agrofood Products Private Limited, back in Gwalior. This one is a direct breach of Agriculture Minister's privileges bestowed on him. How can Agriculture Minister's son be in Agricultural foods business? Is this "Na khaunga, Na khane dunga" promise of Narendra Modi, manifested or what? In Portugal, Government fell down on such charges, just yesterday... but this is India, that too under BJP.

Once again, no website, no mention in Google maps, forget finding employees in LinkedIn.. there is a different Sharda Agro business in various other places, even they don't know that a namesake has appeared in Gwalior.

 Even that business perhaps didn't suit him, so this year, Junior Tomar joined another industry as additional director, while working in previous 3 as well.. 

Sharda Green Energy Private Limited

Both this Sharda named companies have same address in Gwalior.. 

What these Corporate affairs data won't show is that he has joined according to some media reports, a fifth Industry and perhaps the most profitable business in India now .. he has joined BJP and probably contesting polls soon. ED won't dare touch him now..

I don't know him or his family personally, so he might be an innocent guy with disastrous Corporate sector CV, if that is the case, I wish him long life and many more directorships in funny companies..

I'll perhaps update this blog, when his affidavit on assets comes from Election Commission. I'm curious to know what he writes in occupation column, "Habitual Director" or "Serial Company Founder" or what..

It is the Agriculture Minister who is at greater fault, if he channels money through his son.. or breaches oath of secrecy by letting his son join Agrofood business and creating policies to benefit family members. Let the Government agencies look into this and give clean chit..🤣

UPDATE:

In a bizarre turn of events, it turns out Union Agriculture Minister is himself contesting MLA election in Madhya Pradesh, despite being an MP .. Wow, Narendra Singh Tomar, would you like to become Agriculture Minister of Madhya Pradesh as well..

If he goes back to Madhya Pradesh, who will become Agriculture minister of India? The other Narendra??!😉

Aadhaar Data Breach: Unsafe PII records of proud stupid nationalist

 Aadhaar makes every Indian vulnerable to identity theft 

I was saying this from day 1, when US NSA forced Government Of India to start Biometric database of Indians, almost at Gunpoint . US Department Of State ordered if passports can't be verified with Biometric data, they will not be issuing Work permit Visas . 

 So the south asian countries which needed to export skilled manpower to US all agreed , not just India but Pakistan and Bangladesh too. After all, remittances from US based nationals was and still is , a pleasant and certain source of valuable foreign currencies for which these governments have to do absolutely nothing at all.

Indian Biometric Unique Identity database, can to be Known as Aadhaar.

Although Supreme Court in India gave a series of verdicts and observations ..

... over the years and Government of India continuously lied in front of the court and to the people of India about cyber Security of aadhaar database . 

For example, they said all 10 fingerprints are needed for aadhaar UID generation.. in an affidavit to Supreme Court. LIE, clearly a falsehood: At the time of registration, every Indian were given an official paper record which had details of Biometric data captured and there it is printed how many fingers' fingerprints were taken. A tick mark and a cross mark were placed next to the diagram of two palms. Cross mark represents a missing finger or UIDAI scanner failed to convert the fingerprint into a digital record.  Still millions were given an aadhaar Id based on few fingerprints and they are asked every now and then to update their Biometric Data. 

Supreme COURT had said , private companies like telecom or banks can't ask for Biometric data. Still that is the norm for opening new accounts in bank or getting a new telephone number or even a cooking gas cylinder. 

All Permanent Account Number (PAN) issued by Income Tax Dept of Government of India are now linked with aadhaar or rendered Inoperative (hmm ..  so PAN cards were not that Permanent, after all). This however with the blessings of another Supreme Court order which contradicted the previous larger bench Order.

Enter The Darkweb

For last 7 years, we were spotting the aadhaar data were leaked in internet and they are being sold too. 

Of course, nobody buys only Name and aadhaar number over Internet unless it comes with Verifiable Biometric Data as well.

Every time, Me and some other people pointed out the data breaches and security flaws.. An army of Stupid Nationalist Trolls would attack us online. 

If only Trolling were a cyber security tool, but alas they are not and breaches continued relentlessly and now in largest sale of Biometric Data from India's Covid Vaccine Database ,  aadhaar data got stolen and sold.

Who allowed COWIN to store aadhaar's Biometric data ? Who allowed COWIN to access aadhaar's database ?

Well, COWIN was designed for future monetization and selling Indian citizens Medical records to private insurance companies and hospitals for profit and even stored data of people, who bought the Covid vaccine for hundreds of rupees. So people who paid for their vaccine shots but gave aadhaar as proof of identity.. yes, their data got stolen . 

Although Media has been told, 

A. Not to highlight this.

B. Not to Biometric Data but use PII ( Personally Identifiable Information) instead. 

The scale of data is so huge this time, 815 million people's data were stolen .  

And since, stupid Prime minister now allows India's digital payment network UPI to be used from overseas, all those people who have aadhaar linked bank accounts and are among these 815 poor suckers (citizens who surrender their Biometric data to a Government Database.. well, they are suckers) are now susceptible to bank withdrawal from bots running in high speed internet overseas. 

Stupidity is the fastest growing religion in India now, specially among aadhaar carrying Indians. If Government of India, makes another shady and unsafe Database, API or App.. These 815 million will take a day off from office or work and queue up register and surrender more of personal liberty and constitutionally guaranteed freedoms .

For This Has To Be Told: End Israeli Occupation of Palestine

 In a world fed by monetized Snapshots of 30 seconds of newscasts , Truth becomes the first casualty

 Try living your entire life under foreign Occupation in an area that is barely 10 km wide, 60 km in length.. And enclosed in two sides by high wall built by Israel and your only access to outside world is via internet or through long drive through Egyptian desert  highway.

Imagine when White Man's Supreme council , United Nations were formed, your country was member from the very beginning , because It was under "British Mandate", a sanctimonious term for "British colonies won after World War 1" ... and now UN only allows "A member of Palestinian Authority In West Bank".

If you are not white in skin colour, it will enhance your understanding of the situation. If you follow a faith or religion that is frowned upon by Neo-racist Western world, your understanding would be near Complete. 

But nothing beats the first hand experience of an Palestinian living in concentration Camp they call as "Gaza strip", so even I won't Understand what drove them to take up arms with Hamas and cross the border wall into South Israel (actually It's Occupied Land of Palestine ).

Except Death, Hamas's campaign offered nothing to Palestinian youth .. what level of hopelessness had reached there, that they had to take this extreme measure . 

It was at the beginning of this century, in the year 2000, US President Bill Clinton declared that two state solution will be worked out in presence Of PLO chief Arafat and Israeli PM Ehud Barak.

This was in Camp David, the Presidential holiday retreat of USA. I'm sure a certain senator from Delaware also sneaked in after these negotiations for free food of After-party. Yes, Dirty Pompous War Mongering Joe Biden was an influential senator in 2000.

OMG! CNN , BBC , Foxnews , DW never told you this..

But how could they, news media organisations has one purpose and one purpose only, in present times. Brainwashing its audience on behalf of its paymasters.

 Did you hear in any Western Media, this Gaza and Israel border is cordoned off by Israeli wall?

Even US backed Egyptian Dictator, General Al-Sisi made a border wall to please his Zionist masters in Washington and New York. You never heard about them in last 7 days.

Neither will Western Media tell you that walled, cordoned Gaza strip was target of Israeli Missile turkeyshoot once every alternative year.

If you think, Putin's RT will tell this truth.. forget it. Netanyahu has been helping Putin to evade western sanctions, not just now but since 2014.

These Border walls and regular airstrikes by Israel was not what was agreed by leaders in camp David!

What drove me to write this post is that Israel is now preparing by Massacre of Million plus Palestinians, hyped and cheered on by Bimbos and Zealots and Warmongers on CNN, BBC.

Propaganda is Netanyahu told everyone to evacuate Gaza City. 

Reality is : Israel is asking Gazans to leave all of their infrastructure.

 Every news media keeps saying Gaza is heavily populated, densely populated. Nobody tells the reason why?

Gaza was the site of UN run refugee Camp when Arab-Israeli wars happened. That's why they get UN and Arab aid. About 80%  Gazans are either refugees or descendants of refugees who fled from southern Palestine, what your modern-day bimbo anchoress' keep calling as South Israel. 

Are journalists that stupid, where would an refugee leave to? But Television Bimbos keep saying "They have to leave ".

Bimbos keep saying, Hamas killed children.. the number of Palestinians children killed by Israe in last 3 decades is more than the population of Estonia.

Even this week, Dozens of UN Aid workers were killed by Israel. Is Israeli action by any means Proportionate? HELL, NO.

Two wrongs don't make one right, One can condemn Hamas's action but one has to condemn War Criminals Netanyahu and His Irish cousin Joe Biden. 

UN, who has officials stationed in Gaza keeps saying half million internally displaced. Idiotic Ethiopian Jewish Chief of WHO keeps saying "We need another humanitarian corridor in Gaza"; well, dear stupid Doctor, Gaza itself is a humanitarian corridor 10 km wide and UN had recognised that in 1973. Even in Oslo Accord, Israel admitted that.

I guess things that happened 3 to 5 decades ago are neither venerated history nor current affairs story, so nobody remembers anything. Oslo Accord, Camp David Summit, Israeli siege of Gaza strip which contains UN refugee camp, Sea Blockade, Humanitarian Floatila voyages and Israeli troops firing on them .. all are forgotten.

Let's end this post with ..

Stop Genocide, Everywhere.

IndIan Media has converted India into Bogusland

Cyclone Mocha: Indian Media Has Converted India into BogusLand with the help of Indian Institutions like IMD and NDRF.

At the onset, it is better to inform you about 2 basic facts. 

1. Tropical cyclones originate over warm tropical sea waters.

 2. Internationally tropical seas are broken Into fiefdoms of few big meteorology offices and Northern Indian Ocean  along with bay of Bengal and Arabian sea falls under Indian Met Office... since colonial era.

So IMD has authority to name a tropical Storm, whenever it wants to.

What is unethical of IMD is declare early forecasts as sacrosanct track of cyclone . 

And Indian Media being a garbage magnet , picks up every fictional story like fleas pick up weak and feeble dog.

NDRF is bunch of hardly literate soldiers taken from Army who are never trained but always deployed on the basis of stupid IMD forecasts . 

Do The NDRF or Media understand the "Cone of Uncertainty" in projections of cyclone tracks? Let me share the current projections..

 

I have shared the current sea surface temperature (SST) from where it is getting its cyclonic energy, here.

What Is the point of Deploying 8 contingents of NDRF in West Bengal ,  when Mocha will be making Landfall in Arakan coast of Myanmar/Burma ?

How stupid can they get in Indian Media ? If they really want to help, NDRF teams should be in South Mizoram and they should check out flash-flood or landslide prone hillsides there and also other such places in India-Burma border.

As for Indian TV channels, they need to change their workforce, lock, stock and barrel. These lot will never learn. Bogus Land Media will keep on peddling Bogus news.

Dear Chief Justice of India

 Your Adani Scam Probe Expert Is Hardly Working on The Probe

Out of sheer curiosity, I checked the recent Tweets of Nandan Nilekani to get a hint of the progress of the expert probe panel experts. 

Does the Chief Justice know, the expert panel expert hardly had any time for Adani probe last week.. in his busy social calendar.

 On March 6th , he met Bill Gates.

Upto March 8th, he was busy giving lectures.. and sharing the YouTube videos of his interviews. 

I doubt that if the Expert Panel experts even read the Hindenburg Research Report , even 2-3 pages of it.

Let's see what Nandan Nilekani did next?

 Busy Congratulating RBI with a video message on March 9th .. some expert he is, the job the chief Justice of India gave him involves investigating Adani group company's shell accounts in Mauritius, Dubai, Cyprus, British Virgin Islands and other Tax havens.. here he is, sitting in Bangalore enjoying "Free Modi Payouts" .. Does he even know, how many of this countries follow British style of accounting and which follows, American style?? Some expert CJI chose!!

If you think Nandan Nilekani, will be joining the expert probe panel in the very near future? YOU ARE AGAIN MISTAKEN!!

Mr. Nilekani is looking forward to attend another conference, "International ODR forum" in Bangalore from March 18th..

So was this decision to create such a sham "Probe Panel" a hogwash, your Lordship? 

Has Narendra Modi already ordered "a clean chit" for Gautam Adani and Brothers? 

Your Lordship, was there pressure from Union Government to include Modi cronies like Nilekani and Kamath? Or is your judgement of character as lousy as your lofty claims, which look lovely only in "Fake Liberal Newspaper's Editorial"?

Are you aware that the Adani Probe Panel members are yet to get together, meet face to face with Hindenburg Research Report? 

Forget having anyone summoned to appear before them? How can anyone appear before them, as they themselves are not at same place?