Tuesday, November 17, 2015

Backops back in the news

Subramanian Swamy has once again flagged the issue of credibility of the Gandhi-Nehru family. In several documents relating to a U.K.private firm, Rahul Gandhi who held 65% share in the company was shown as a British citizen though its Memorandum of Association named him as an Indian. Was it a mistake or did Rahul Gandhi become a British citizen for some time or was it a ruse to achieve something or get over some difficulty? Only Rahul Gandhi can clarify. But he has every right not to incriminate himself!

Following news appeared in 2012:

Janata Party President Dr. Subramanian Swamy has alleged that Rahul Gandhi owned a private firm Back-Ops Private Limited, on government property and indulged in fraudulent means to keep it afloat. Dr. Swamy said that the company had its office registered in a government bungalow in New Delhi, with the registration being in the names of Rahul’s sister Priyanka and her husband Robert Vadra. There are also allegations of Rahul having given out conflicting turnover statements regarding the company’s assets declaration form before the 2009 Lok Sabha elections. This, said Dr Swamy, makes the company’s credibility dubious, with Rahul Gandhi holding 82% of the company’s shares. The company was closed down in a tearing hurry when Dr. Swamy raised the issue in Parliament in 2011.
Dr. Swamy said that Rahul Gandhi’s company received money from foreign sources without permission from the Reserve Bank of India. “The company itself had stated in 2005 that it received Rs 41 lakhs as foreign exchange,” he said in a written statement. ”Number one, he has earned foreign exchange, all the money that he has earned is through foreign exchange. No one is sure whether it is 41,00,000 rupees ($76,271.97) or 41,000 ($762.72) rupees. Secondly, they have shown their registered office as a government lodge. That is illegal,” said the Janata Party President, calling for a probe into the matter. He said he has already written a letter to the Minister of Corporate Affairs Veerappa Moily.
According to Dr Swamy, the setting up of a private firm in any government property is illegal. Also Rahul Gandhi had never made a mention of the company when he declared his assets before the general elections of 2004 and 2009. The company never filed for accounts in 2003 and 2004 either, which makes it a violation of the Companies Act.  ”The company was registered in 2002, but its accounts were filed with the Registrar of Companies (RoC) only in 2007,” he said.
“He has misused the privileges of a government residence. Secondly, he did not file the Registration Of Companies accounts. In 2011, they filed everything and also filed an application to close down the company, while making Priyanka the additional director. There are multiple frauds and we demand a probe into this. I am going to write a letter to Moily that this company is fraud. They should resign from Parliament as they have lied to it,” he said.
Swamy also added that  Rahul Gandhi managed the company’s accounts from Pictet Bank of Switzerland. However, more information on the nature of accounts could not be retrieved owing to the bank’s privacy policies. Sources have revealed that Backops Services Pvt. Ltd was registered on 22 May, 2002 for providing “back office and advisory support services to international and domestic clients”. A US citizen Ulrik R McKnight was appointed as Director. “Here again a violation of rules took place, with the Registrar of Companies not being informed about the appointment of a foreigner from 2005 onwards,” the statement from Dr. Swamy mentioned.

BJP'S political compromise with the Gandhi family will ensure that the Backops issue will soon be forgotten. The prevailing policy is, "Your turn of looting the country is over. Now it is our turn. Mavericks like Ram Jethmalani and Subramanian Swamy will be allowed their say. But we will have our way. Who can deny us, the dog, our day? Let us not lose our venal focus by trying to prove each other's guilt." In any other country the allegations like in Backops will be investigated and truth arrived at.ill soon be forgotten. Incidents like Backops which will be investig

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