The article exposes Ajay Piramal’s controversies, particularly his alleged misconduct during DHFL’s acquisition, insider trading accusations, environmental violations, and BJP-linked political shielding. It highlights whistleblower claims of financial harm from discounted loans post-DHFL acquisition and critiques SEBI’s impartiality, suggesting regulatory bias favoring crony capitalism. Broader issues, including the Adani-Hindenburg dispute and SEBI’s lack of transparency, underscore governance concerns. The piece questions the role of watchdogs and judiciary in India’s oligarchic system while advocating vigilance against corporate-political collusion.