Friday, November 2, 2012

A Comprehensive Guide to: How to make a fool out of oneself ?


Actors of the play:
Mr Subramanian Swamy (President of Janata Party)
Mr Janardhan Dwivedi (Congress General Secretary)

Mr Subramanian Swamy said:
Ms. Sonia and Mr. Rahul had floated a Section 25 company called ‘Young Indian’ each with a share holding of 38 per cent, which acquired Associated Journals, founded by late Jawaharlal Nehru, that published the National Herald and Quami Awaz.
Dr. Swamy said Associated Journals obtained an unsecured loan of over Rs 90 crore from AICC which he claimed was illegal under Income Tax Act because a political party cannot give loans for commercial purposes.

Mr Janardhan Dwivedi:
Yesterday He said:  “In every society and country, you have some characters.
The person you are referring might be one of them who could speak anything, anytime,” AICC General Secretary Janardhan Dwivedi said.

Today He said:
“The Indian National Congress,” party general secretary and media chairperson Janardan Dwivedi said, “has done its duty in supporting The Associated Journals Limited to help initiate a process to bring the newspaper back to health in compliance with the laws of the land.”
He also acknowledged that this support was extended by the Congress “in the form of interest-free loans from which no commercial profit has accrued to the Indian National Congress.” Party sources said it was not known whether the paper would be revived as National Herald or given a new name.
Mr. Dwivedi, interestingly, made no reference to Young Indian (Is it an error of omission?)

Meanwhile, what is known thus far is that Young Indian, according to the Ministry of Corporate Affairs website, was formed on November 23, 2010 and registered under Section 25 of the Companies Act, 1956. It lists its address as 5A, Herald House, Bahadur Shah Zafar Marg, New Delhi, the office of the now defunct National Herald. While Ms. Gandhi and Mr. Gandhi hold 76 per cent stake in the new venture, the remaining shares are owned by Congress treasurer Motilal Vora, who is also the chairman-cum-managing director of Associated Journals Limited, and party general secretary Oscar Fernandes.

Commentary:
In view of an intelligent citizen, It makes for little horse sense to go over the top and lambast others without verifying the allegations.

References:
http://www.thehindu.com/news/national/swamy-targets-sonia-rahul/article4054779.ece
http://www.thehindu.com/news/national/congress-to-revive-national-herald-challenges-swamy-to-take-it-to-court/article4058571.ece?homepage=true

No comments:

Post a Comment