Thursday, October 30, 2014

Extraordinary claims require extraordinary evidence.

- Carl Sagan

'Have Information? Mail Us,' Says Special Investigation Team

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The Special Investigation Team or SIT set up by the Supreme Court to monitor the probe into untaxed or black money stashed in foreign bank accounts has invited information from the public.

Link

ROTFL

This is beyond ridiculous. Excellent opportunity for the jealous lot to vent out their frustration, though.

One more time - The right way to go about this is to first establish that an individual or an organisation has engaged in some activity that can be termed illegal. Once that is verified and validated, only then can the courts / government / respective agencies launch an investigation into tracking the money - Like in the Timblo Case - part of which has already been judged and fine has been paid. Illegal activity was first established and then the money was traced. When faced with investigations, Timblo admitted to the violation and settled by paying the penalty.

Inviting 'information' from the public is just going to make this issue unmanageable / laughable / idiotic and even more pointless than it already is.

Dikhaawon pe mat jaao… Apni akal ladaao.

Lekin akal ka tou akaal padha hua hai…. Sigh.

Thanks Pride… Love this one.

NOW BJP Wants To Caution CAG? Waah!

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Addressing the annual conference of the CAG, Mr Jailtey said, "An auditor should be conscious that he is reviewing a decision which has already been taken. He doesn't need to sensationalise. He has to be an effective auditor, but activism and restraint are always the two sides of the same coin."

On Monday, Public Accounts Committee or PAC Chairman K V Thomas addressing the auditors had asked the CAG to restrict audits to financial impropriety and refrain from generating "astronomical figures of notional losses".

But his caution in a way echoed the congress reaction to the two crucial CAG reports - spectrum allocation and coal blocks allocation. Interestingly, the two reports were used by Mr Jaitley's party since 2009 - while in opposition - to target the UPA regime with charges of "integrity deficit" and "crony capitalism".

Link

Tum karo tou fashion… hum karen tou pesha?

I agree with the views expressed by Thomas and Jaitley (in this context, at this conference). I also agreed when the exact same opinions were voiced by Sibal and Chidambaram! I have always maintained that the obscene amount of PERCEIVED losses was reported with the sole intent to sensationalise the issue.

To this day, everyone with a functional brain (capable of intelligent thought) maintains that the ridiculous numbers reported for the spectrum allocation or even for the black-money issue are unrealistic.

The politicians who criticised the UPA for its statements are now using the exact same arguments - That's totally fine and understandable. I mean, they are now in power and such flip flops are obvious. What I do have an issue with is the general (voting) public and the media. There is a huge difference in the way they are reacting and reporting to these statements/arguments now that the BJP is using them.

Itna bias?

Sigh… Chaar din ki chaandani, phir andheri raat hai

Thanks Pride…

 

 

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