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Good News for Indian Corrupt Political Families

Gandhi family is a corrupt banyan tree to take rest for other corrupt political families of the states such as Mulayam, Mayawati, Karunanidhi, Sharad Pawar etc. Some other State-Political Families Badal, Shivsena, Patnayak, Chandrababu Naidu etc are far away from the Gandhi family-banyan tree. Most of these political families are corrupt. The handicapped such as blind may relax and feel happy to see another similar person. So above said political families now may be happy to know about the Wen Family Empire of China which I read at New York Times.

 

Sonia Gandhi with her entire family including Rahul, Priyanka, her husband Robert Vadra went to China in their three days tour in August 2008. That was Sonia’s second trip of the year to China. Gandhi had said in China in her visit that India had too much learnt from China 

The story of prince lings in China is quite well known with the sons and daughters of powerful members of the Chinese Communist Party ruling billion dollar business empires.

 

 

Billions in Hidden Riches for Wen Family Empire

 

Yang Zhiyun, mother of China’s prime minister was a schoolteacher in northern China. His father was ordered to tend pigs in one of Mao’s political campaigns. And during childhood, “my family was extremely poor,” the prime minister, Wen Jiabao, said in a speech last year.

 

But now 90, the prime minister’s mother, Yang Zhiyun, not only left poverty behind, she became outright rich, at least on paper, according to corporate and regulatory records. Just one investment in her name, in a large Chinese financial services company, had a value of $120 million five years ago, the records show.

 

The details of how Ms. Yang, a widow, accumulated such wealth are not known, or even if she was aware of the holdings in her name. But it happened after her son was elevated to China’s ruling elite, first in 1998 as vice prime minister and then five years later as prime minister.

 

[Sonia Gandhi is 6th in the Forbes list of most powerful women in the world. As per Business Insider, Sonia Gandhi is also the 4th richest politician who has stashed away $19 billion, a litany her political opponents and distracters had been singing ever since the Business Insider Published the list. The details of how Ms.Sonia Gandhi, awidow of Rajiv Gandhi, accumulated such wealth are not known, but it happened after she married to Rajiv Gandhi a member of the powerful Nehru Gandhi family of India]

 

Many relatives of Wen Jiabao, including his son, daughter, younger brother and brother-in-law, have become extraordinarily wealthy during his leadership, an investigation by The New York Times shows. A review of corporate and regulatory records indicates that the prime minister’s relatives — some of whom, including his wife, have a knack for aggressive deal making — have controlled assets worth at least $2.7 billion.

[The same may be say about the Sonia Gandhi, her son, daughter, and most popular talk to today her son-in-law Robert Vadra]

 

The Times found that Mr. Wen’s relatives accumulated shares in banks, jewelers, tourist resorts, telecommunications companies and infrastructure projects, sometimes by using offshore entities.

The holdings include a villa development project in Beijing; a tire factory in northern China; a company that helped build some of Beijing’s Olympic stadiums, including the well-known “Bird’s Nest”; and Ping an Insurance, one of the world’s biggest financial services companies.

 

The prime minister’s younger brother, for example, has a company that was awarded more than $30 million in government contracts and subsidies to handle wastewater treatment and medical waste disposal for some of China’s biggest cities, according to estimates based on government records. 

 

The apparent efforts to conceal the wealth reflect the highly charged politics surrounding the country’s ruling elite, many of whom are also enormously wealthy but reluctant to draw attention to their riches. When Bloomberg News reported in June that the extended family of Vice President Xi Jinping, set to become China’s next president, had amassed hundreds of millions of dollars in assets, the Chinese government blocked access inside the country to the Bloomberg Web site.

“In the senior leadership, there’s no family that doesn’t have these problems,” said a former government colleague of Wen Jiabao who has known him for more than 20 years and who spoke on the condition of anonymity. “His enemies are intentionally trying to smear him by letting this leak out.”

 

[Sonia Ganhi’s Congress party, Union Ministers, Congress Chief Ministers of Haryana and Delhi says the same about national son-in-law Vadra’s transactions with DLF]

 

The couple’s only son sold a technology company he started to the family of Hong Kong’s richest man, Li Ka-shing, for $10 million, and used another investment vehicle to establish New Horizon Capital, now one of China’s biggest private equity firms, with partners like the government of Singapore, according to records and interviews with bankers.

The prime minister’s younger brother, Wen Jiahong, controls $200 million in assets, including wastewater treatment plants and recycling businesses, the records show.

 

As prime minister, Mr. Wen has staked out a position as a populist and a reformer, someone whom the state-run media has nicknamed “the People’s Premier” and “Grandpa Wen” because of his frequent outings to meet ordinary people, especially in moments of crisis like natural disasters.

[This is also said about Gandhi family members by giving slogans ‘Remove Poverty, Save India’ now their slogan is ‘Remove corruption’. Is not joke? How can corrupt remove crooruption?]

 

China’s ‘Diamond Queen’

It is no secret in China’s elite circles that the prime minister’s wife, Zhang Beili, is rich, and that she has helped control the nation’s jewelry and gem trade. But her lucrative diamond businesses became an off-the-charts success only as her husband moved into the country’s top leadership ranks, the review of corporate and regulatory records by The Times found.

 

“Her business activities are known to everyone in the leadership,” said one banker who worked with relatives of Wen Jiabao. The banker said it was not unusual for her office to call upon businesspeople. “And if you get that call, how can you say no?”

“She’s the most important person there,” said Gaetano Cavalieri, president of the World Jewelry Confederation in Switzerland. “She was bridging relations between partners — Chinese and foreign partners.”

As early as 1992, people who worked with Ms. Zhang said, she had begun to blur the line between government official and businesswoman.

 

“After Wen became prime minister, his wife sold off some of her diamond investments and moved into new things,” said a Chinese executive who did business with the family. He asked not to be named because of fear of government retaliation. Corporate records show that beginning in the late 1990s, a series of rich businessmen took turns buying up large stakes in the diamond companies, often from relatives of Mr. Wen, and then helped them reinvest in other lucrative ventures, like real estate and finance.

According to corporate records and interviews, the businessmen often supplied accountants and office space to investment partnerships partly controlled by the relatives.

“When they formed companies,” said one businessman who set up a company with members of the Wen family, “Ms. Zhang stayed in the background. That’s how it worked.”

[My book “Corporate Kleptocracy: US Hilton hotel group-DLF-Vadra’ tells the same story]

 

Winston Wen

Late one evening early this year, the prime minister’s only son, Wen Yunsong, was in the cigar lounge at Xiu, an upscale bar and lounge at the Park Hyatt in Beijing. He was having cocktails as Beijing’s nouveau riche gathered around, clutching designer bags and wearing expensive business suits, according to two guests who were present.

 

In China, the children of senior leaders are widely believed to be in a class of their own. Known as “princelings,” they often hold Ivy League degrees, get V.I.P. treatment, and are even offered preferred pricing on shares in hot stock offerings.

 

A Times review of Winston Wen’s investments, and interviews with people who have known him for years, show that his deal-making has been extensive and lucrative, even by the standards of his princeling peers.

 

State-run giants like China Mobile have formed start-ups with him. In recent years, Winston Wen has been in talks with Hollywood studios about a financing deal.

 

[Vadra is not different from Winston Wen. Real estate giant DLF and US Hilton hotel group have formed start-ups with Vadra]

 

“He’s not shy about using his influence to get things done,” said one venture capitalist who regularly meets with Winston Wen.

 

The younger Mr. Wen declined to comment. But in a telephone interview, his wife, Yang Xiaomeng, said her husband had been unfairly criticized for his business dealings.

 

He made an even bolder move in 2005, by pushing into private equity when he formed New Horizon Capital with a group of Chinese-born classmates from Northwestern. 

 

Today, New Horizon has more than $2.5 billion under management.

 

Some of Winston Wen’s deal-making, though, has attracted unwanted attention for the prime minister.

 

In 2010, when New Horizon acquired a 9 percent stake in a company called Sihuan Pharmaceuticals just two months before its public offering, the Hong Kong Stock Exchange said the late-stage investment violated its rules and forced the firm to return the stake. Still, New Horizon made a $46.5 million profit on the sale.

 

The Tycoons

 

Around 2002, Ms. Duan went into business with several relatives of Wen Jiabao, transforming her property company into an investment vehicle of the same name. The company helped make Ms. Duan very wealthy.

 

It is not known whether Ms. Duan, now 43, is related to the prime minister. In a series of interviews, she first said she did not know any members of the Wen family, but later described herself as a friend of the family and particularly close to Zhang Beili

 [Ms Duan reminds us the Quattrocchi bofors]

 

Fallout for Premier

 

In the winter of 2007, just before he began his second term as prime minister, Wen Jiabao called for new measures to fight corruption, particularly among high-ranking officials.

“I have the courage to face the people and to face history,” he said in an emotional session. “There are people who will appreciate what I have done, but there are also people who will criticize me. Ultimately, history will have the final say.”

 

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News Analysis India | ISI Jihadi Naxal Nexus

News Analysis India

Share your experiences

ISI Jihadi Naxal Nexus

Naxalism is Terrorism indeed, don’t allow terror to win. ISI uses naxals. Who demanded separate Muslim State in UP? Who banned ‘Slogan of Bharat Mata’ in Poonch & allow painting of nude Bharat Mata?

 

Handicapped Tunda is red alerted most wanted terrorist from pakistan.

 

52-year-old from New Delhi, with a flowing henna-dyed beard Abdul Karim Tunda has been arrested in Mombassa, Kenya — and will now stand trial for his role in so many bombings that had killed hundreds of lives. Born to a lower middle class family in Delhi, Karim is believed to have moved to Pilkhuwa, near the town of Ghaziabad, in his teens. He then shifted base to Mumbai, where he set up a dyeing textiles business.

 

Pseudo-secularists evoke the sentiments of Muslims to high light the demolition of Babri Structure. They even continue the hate program playing vote bank politics to add unfortunate Gujarat riots in every talk and walk of life to divide Hindu and Muslim. What did Congress, Lefts and Mulayam yadav in the past every one knows? Still Mulayam gives certificate of patriotism to banned SIMI. Now Congress led Govt. is instructing to every province for banning SIMI. But in the past Sonia Gandhi, Ambika Soni, Shri Pakash Jaoswal opposed the NDA Govt. for this.

 

According to the investigations, Ghauri — who had a Naxal past — was present at a meeting organized in Bhiwandi soon after communal violence had ripped it apart in 1985. Ten years later, Ghauri, a young man from a Hyderabadi Muslim family, and his close associate Karim ‘Tunda’ (handicapped), set up a proper terror network for the Lashkar.

 

Just after December 6, 1992 Ghauri, Tunda and Ansari established a dangerous terror group to attempt terrorism with the help of ISI, Lashkar-e-Taiba and Pakistani nationals. India's perhaps first Lashkar cell executed 43 small bombings in Mumbai and Hyderabad and seven separate explosions on inter-city trains. Ansari was arrested 13 days before he was to set off a second series of bombings, this time on Republic Day in 1994.

 

Ghauri, Tunda and Pakistani Lashkar operative were able to draw on cadre from the now-banned Students Islamic Movement of India (SIMI) and other such organizations with ease.

 

Abdul Rahman, an activist of the Dulkan organisation of ethnic Uighurs in China's Xinjiang region who was arrested by the Kolkata Police in January 2000, was sheltered in the city by two SIMI members, Aziz-ul-Haq and Nazrul Islam. He escaped from prison and fled and was recruited by the LeT, and brought to Calcutta en route to Dhaka for an explosives course under Tunda.

 

In what is being described by intelligence agencies as disturbing, the Pakistan-backed Lashkar-e-Tayyabba (LeT) has established a close rapport with the Naxalites operating in the backward Hyderabad-Karnataka region of the State.

 

Key accused Aamir was allegedly an activist of now-banned SIMI (Students Islamic Movement of India) in 2001. He even headed a ‘Ikhwan conference’ on November 5, 6, and 7, 1999, where he disseminated hate propaganda and gave a speech on Islamic nationhood, titled “Islam is our country and not India.”

According to Aurangabad police officials, over 5,000 Muslim students from Maharashtra, Karnataka, Madhya Pradesh, Gujarat, and Rajasthan, gathered at Maulana Azad High School
during these three days.

Even recorded speeches of higher-ups in the Palestine
terrorist organization Hamas were played to mislead students to take up violence.”

Notorious Lashkar-e-Toiba’s commander Azam Ghauri, who was shot dead in an encounter in 2000 by the Karimnagar police, was also present in that conference.

 

Tunda has two wives and two sons. The younger one, Shahid, helps him in the perfume business, while the elder son is a LeT activist.

He was also instrumental in brainwashing Jalees Ansari, a doctor with the Birhan Mumbai Municipal Corporation, who triggered over 40 blasts in Mumbai and Hyderabad during 1992 and 1993. When Jalees was arrested in January 1994, Tunda fled to Bangladesh and set up his hideout at Jatra Bari in Dhaka.

 

In comparison to the indiscriminate violence perpetrated by Islamic terrorists, the Maoist menace (also infamous as Left-wing Extremist or Naxals) has been plaguing India for quite some time, posing as the other biggest internal security challenge. Shivraj Patil said that Terrorists are our brothers. Lok Sabha Speaker said that naxalites are not criminals. Congress and Communists both want votes so they support infiltrations. On the instruction of Sonia Gandhi Congress supported naxalites in Andhra with the help of YRS and captured the power there.

 

Congress took support of Muslim League in Keral and Insurgent separatist groups of S.E. Provinces. The same policy was adopted by Left parties. Congress and left both promised to release terrorist Madani from Coimbatore prison. Govt. instructed states themselves to fight naxals separately. It don’t want to make policy for joint efforts of the states which are in the grip of Naxalites because these states Chhattisgarh, Orissa, jharkhand and karnatak are BJP ruled.

 

However, the question remains, why the tribal who are part of the government sponsored anti-Naxal campaign started by Congress opposition leader Mahendra karma (Salwa Judum) were left unarmed against their powerful attackers in that fateful night? How they can defend themselves with bow-arrows and Lathis when the naxalites have Pakistani rifles and Chinese grenades. These facts have been already given to Centre Govt. and the same confirmed by I.B. chief Narsimhan. Why Lonely MP of Chhattishgarh Ajit Jogi, left parties and UPA govt. interested to impose President Rule in the Chattisgarh to oppose historical ‘Salva Judum’?

 

NDA Govt. established village defense committees in J & K and provided them arms. Many soldiers left army service to defend their villages from terrorists. But UPA Govt. is doing nothing to encourage them. On July 4, 06 Two Muslim youth had held for supplying 14 pistols to Naxalites.

 

This is the old history of Congress to encourage terrorists, insurgents, separatists and violent armed groups and individuals for taking help in the election and later went against them. Because of this country pained to see the assassination of Indira Gandhi and Rajiv Gandhi. Indira Gandhi in the starting encouraged Bhinderwala and later ordered army to enter Golden Temple. Rajiv Gandhi in the starting supported LITTE and latter foolishly Indian troops were sent to Sri Lanka in 1987.

 

We cannot pursue our electoral calculations at the expense of the abiding national interests. Since the Congress and the Left have competed with each other for a few parliamentary seats in the border districts, they have abetted unhealthy forces and trends. Now both owe it to themselves and to the country to move away from potential security hazards.

 

Each one of demand-makers such as pseudo-secularists, supporters of domestic or foreign jihadis, makes his or her own calculation about the Center’s capacity or incapacity to deal effectively and efficaciously with difficult customers. Those who assess the Centre to be weak or incapacitated move in with artillery. So we have last chance to take tough decisions. Owing to perceived threats from Jihadis and Naxalites, Mr Bush’s security has decided to take him to the various destinations in the city by air. Five year planning of Naxal-jehadi combination is to grip more than half of the country in their influence. What is the policy of Indian Govt.?

 

After the defeat in Bangladesh liberation War Pakistan made policy to fight in the land of India. Now Pakistan adopted brain washing process through terrorists supporters, Naxalites and votes greedy politicians in India in the name of to save Islam, demolition of Babri structure and Gujrat. It wants to create Civil War like situation in India.

 

Who will punish terrorists, Islamic fundamentalists & naxalites? Please don’t allow Arjun Singh Mulayam Singh pseudo-secularists, followers of jinnah to divide people in the name of religion and caste. The persons who don’t want to adopt berth control then take responsibility to fulfill the wishes of their children. Nation should not suffer for this nonsense. The demand of separate Muslim Province in UP should be thrown in the sea. To see our tolerance Anti-Indians dares to paint nude Bharat Mata and to ban in Poonch Dist of Jammu to raise slogan of ‘Bharat Mata ki Jay’ in the way of ’Budha Amarnath’ to please terrorists. Please don’t encourage Anti-Indian traitors. We are such Indians who drove British. feel coward ness or helplessness.

 

By Premendra Agrawal

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