Bad news for Muslim-hating, Modi-Bhakt Adani fans , others please don't die of laughing

  Bad news for Muslim-hating, Modi-Bhakt Adani fans , others please don't die of laughing !

Recently the bigoted Indian Media had tried to put up a brave face against Hindenburgresearch's scathing report on Gautam Adani's stock market rigging activities. 

Their defence: Gulf Based investors "Abu Dhabi Investment Authority" defied the report and still bought shares through Adani FPO. Now it the screenshot I presented the photograph of ADIA's chairman.. who is the New Khalifa Sheikh of Abu Dhabi, other Directors are his brother Prince Mohammed Bin Zayed, Sons or Nephews and 2 of Ministers of Abu Dhabi. 

You can check out the list of Directors here https://www.adia.ae/en/investments/governance/board-of-directors

5 of 7 Directors are addressed as H.H. meaning they are Adu Dhabi royals. Other two as H.E. meaning they Ministers in the royal court of Abu Dhabi ministers. 

All political appointees, none are career professionals.  Although this kind of Princes do run a Tax Haven and harbour frauds of various kind. Russian Oligarchs for example enjoy immense patronage from them, as do Indian oligarchs and even Tech Millionaires like "Firoz Patel" who was convicted of child pornography. If Honorary PhD/M. Phil from Godforsaken Egyptian University is great Educational qualification, then they are qualified.  Otherwise they are just trained in Western Etiquette, English and Basic Math at Sandhurst Military School. 

Money is no object for them, all they want is some Media attention when they travel overseas and good company of royal jester. 

I am not alleging these, ICIJ has already done so. 

Now don't say, ICIJ is also a "Communist-Khan" like Hindenburgresearch. Even your own Indian Express and The Hindu reported this Pandora Papers scandal in 2021.

Muslim-hating Modi has long love for Sheikhs of Gulf with scrupulous and dubious track record and he shares same bond with Adani. So if 2-3% of Adani FPO is picked up Adu Dhabi royals (who are devout Muslims, but only on Friday), it is neither Surprising nor Unpredictable. 

"At Least Admit India's Relationship with Gulf is at its best under Modi" - That would be Best Defense on Ignorant bhakts.

Well, that is because they never learned history or Indian involvement in Expanding British Colonialism is never taught. I'm excluding Indian participation in Opium trade, Invasion of Ethiopia and Yemen under British flag but manned mostly by Indian recruits. Collaboration and willful collaboration of Indians in East, South-east and South Africa as well as South-East Asia is never discussed in India. But Gulf states was a different kettle of Colonial Brew.

First European invasion in Gulf state happened from Portuguese India, when Viceroy Albuquerque launched a vicious attack, however Portuguese found desert land of little interest so no colonies were set up. 

Enter the British, they wanted to trade with Basra and Persian ports from India but sometimes found locals intercepting their ships, they named the South-east coast as "Pirate Coast" during East India Company rule. At various times, British Navy Ships sailed under orders of Governor of Bombay  to do adventures into Persian Gulf and Bahrain, Qatar were forced to sign British agreeable treaties and relinquished their sovereignty. 

What we know as UAE and before was called Pirate Coast , also followed suit and signed truce to become "British Trucial States" with many semi-autonomous Emirates.  

All Foreign Trade by these states started happening with Rupee. At that time, Rupee was from India only. Slowly all trade in these places started with Rupees in Southern Persian Gulf.. from Kuwait to UAE, all political power rested with "British Agents" stationed in Gulf although they had headquarters in Bombay. Although unlike Yemen or specially Aden, they were not attached to Mumbai Presidency /Province.

Meaning many of Modi-bhakts great-great-grandfathers served in Gulf as employees of British Colonial Regime in Persian Gulf. The post of "British Agent" is Gulf states however were considered a punishment posting in British Indian Civil Service, as many officials requested to be transferred back to mainland India. 

Then came the First world war and after defeat of Turkey, these trucial state of gulf became entrenched British dependencies, still continuing to be governed from India and trading in Rupees. 

When World Bank was formed, non-white nations were represented by their colonial masters. Reserve Bank of India issued all currency for Gulf States and they were "Rupee" only.

In 1947 when India became Independent, these British dependencies still continued to use "Indian Rupee", that created a huge "Gold Smuggling Opportunity" from Gulf. It was legal to import Gold to Kuwait and other gulf states and Businessmen from a western state of Gujarat, increasingly started Gold smuggling from gulf. Their grandchildren are staunch Modi-bhakts now.

To prevent Indian Rupee amassing in Smuggling cartels, Government of India decided to issue "GULF RUPEE" for Kuwait, Qatar, Bahrain and Trucial States. It was pegged to the Indian Rupee, which was in turn Pegged to British Pound and US dollar. However with oil being found in Gulf, this currency and its substitute Indian Rupee continued to be amassed in Gulf. Kuwait was first to launch it's own currency and its value started picking up thanks to crude oil exports.

Now what happened was bizarre, Some babu at RBI decided to devalue "Gulf Rupee" probably in 1965. Now that was residue of colonial mindset, but unlike those times .. this time RBI could not send British style naval expeditions to quell the local unrest. One after another, they started to asked to come out of British Truce Treaties and their first strike was to print their own currency ( albeit at RBI press in India) and create their own Monetary Authorities, which became their Central Banks when their respective countries regained Independence after treaties with UK lapsed. 

Seven such Trucial States formed a federation of states, which became United Arab Emirates. So indians were there for last 200 years, at least, working for quicker bucks. 

This didn't start with Modi and this certainly won't end with him. Whoever will come to power in India, will use UAE as a launchpad for Faster return and the emir would suck up to him/her.

Will Modi-bhakts understand all these? I doubt.