This agit-prop short film chronicles the origins of the DHFL scam, unraveling the layers of corruption and systemic failures that enabled one of India’s largest financial frauds. It delves into the root causes of the hardships endured by financially abused DHFL victims, exposing the exploitative mechanisms behind the so-called ‘bankruptcy’ and ‘insolvency’ narratives surrounding the AAA-rated NBFC DHFL. The film critically examines the unanswered questions that continue to haunt ordinary citizens, whose hard-earned savings were sacrificed at the altar of crony capitalism, facilitated by a regime deeply intertwined with the super-rich elite and their corporate allies. Yet, amidst the bleak revelations, the film concludes with a glimmer of hope. It envisions the power of collective struggle—a united front spanning both national and global arenas, taking shape on the streets and resonating across social media platforms. This cinematic effort by OBMA stands as a resolute call for justice in its truest sense, urging viewers to engage, resist, and advocate for accountability and systemic change. LIKE, SHARE, COMMENT AS MUCH AS POSSIBLE!
Seeking the “Truths” about Indian Geopolitical Boundaries: Massacres of Cartography
The article critiques discrepancies in India’s geopolitical maps, particularly concerning border disputes with China and Pakistan. It discusses how different countries’ maps depict these boundaries and examines India’s struggle to assert territorial integrity amidst international disputes. The piece also explores the ideological conflict between national sovereignty and the push for a homogenized Hindu identity, as advocated by the BJP, amid tensions over territorial control. The article highlights both diplomatic issues and internal political challenges.
Call for an In-Depth Probe into Alleged Underworld-BJP Ties in the DHFL Scam: An Open Letter to Shri Ajit Doval
An open letter dated January 1, 2025, addressed to India’s National Security Advisor, Shri Ajit Doval, calls for a thorough investigation into alleged connections between the underworld, the Bharatiya Janata Party (BJP), and the Dewan Housing Finance Corporation Limited (DHFL) scam. The letter references media reports, including a 2019 exposé by Cobrapost titled “DHFL: The Anatomy of India’s Biggest Financial Scam,” which suggest links between figures such as Dawood Ibrahim, the late Iqbal Mirchi, Chhota Shakeel, RKW Developers (Dheeraj Realty), DHFL, and the BJP. The authors express concern over the lack of response to Right to Information (RTI) requests on the matter and note the BJP’s silence regarding these serious allegations. They urge Shri Doval to investigate the issue to uncover the truth and deliver justice to the numerous victims of the DHFL scam, including senior citizens, widows of retired Indian army personnel, physically challenged individuals, and employees of the Uttar Pradesh Power Corporation Limited (UPPCL), who have suffered significant financial losses.
The “Great” Indian Heist: Exposing the Crony Bloodsuckers
The article exposes systemic corruption and financial mismanagement in India’s banking sector, highlighting massive loan write-offs totaling ₹12.3 lakh crore over a decade, primarily benefiting corporate defaulters. Despite these write-offs, recoveries remain abysmally low, raising concerns about regulatory oversight and political complicity. The top wilful defaulters owe nearly ₹2 lakh crore, with key figures like Mehul Choksi escaping accountability. The report emphasizes the urgent need for transparency, accountability, and reform to protect public funds from systemic exploitation.
Challenging the IBC: No Shortcuts, No Surrenders! (DIGITAL POSTERS)
This collage of posters emphasizes the need for unwavering determination in challenging the Insolvency and Bankruptcy Code (IBC) without resorting to compromises or half-measures. It highlights the DHFL case as a crucial battleground, where systemic flaws in the IBC must be exposed to prevent exploitation by powerful corporate players. The message is clear: true justice demands resilience, not convenient shortcuts. The posters are intended to inspire collective action and raise awareness about the broader implications of this struggle.
Silent Chains: The Unraveling of Justice in India’s Human Rights Struggles
The article discusses India’s deepening human rights struggles, highlighting systemic failures such as the financial abuse faced by DHFL victims, the weakening of the National Human Rights Commission (NHRC), and increasing state repression. It paints a bleak picture of diminishing freedom, from economic exploitation to a crackdown on dissent, exacerbated by biased government institutions. The piece critiques India’s slipping global human rights rankings and the silencing of civil society, reflecting on the devastating consequences for ordinary citizens in a fractured democracy.
The DHFL Victims’ Thanksgiving
The article expresses gratitude from the DHFL victims to various entities that have supported their cause. It acknowledges the role of 63 Moons Technologies, Moneylife, Supriya Shrinate, and Rahul Gandhi in highlighting legal and financial irregularities in the DHFL resolution process. It also raises concerns about cronyism and political influence in the case, particularly with ties between the BJP and financial magnates. Despite awaiting a Supreme Court verdict, the article emphasizes the victims’ commitment to justice, regardless of the outcome.
Piramal the King of (De)Mergers: Cat/Mārjāra is Out of the Bag!
The blog post critiques Ajay Piramal’s business strategies, labeling him a “Chameleon King” for repeatedly using mergers, demergers, and rebranding to evade accountability. It highlights his corporate history, including acquisitions in the pharma sector and controversial actions in housing finance, such as the acquisition of DHFL during its insolvency proceedings. The post accuses Piramal of exploiting legal loopholes, obscuring past misconduct, and profiting while avoiding regulatory scrutiny. Key examples include the environmental violations in Digwal, Telangana, which was followed by the demerger of Piramal Pharma, and alleged irregularities in discounted DHFL loans benefiting entities linked to Piramal. The post criticizes his reliance on legal stays to delay unfavorable rulings, branding this pattern as a tactic to sidestep responsibility. Ultimately, it calls out Piramal’s strategies as manipulative corporate maneuvers that undermine public trust and regulatory oversight, while benefiting from political connections and systemic gaps in accountability.
Manipulation Allegations in DHFL CIRP: Echoes of Electoral Malpractices and Erosion of Trust
The article highlights allegations of manipulation in DHFL’s Corporate Insolvency Resolution Process (CIRP), drawing parallels to alleged electoral malpractices in recent Indian elections. Concerns include voting irregularities, procedural flaws, lack of transparency, and compromised fairness, allegedly benefiting politically connected entities. Victims have raised doubts about the integrity of the process, linking it to systemic issues in governance, such as restricted RTI access and opaque financial audits. The narrative underscores fears of institutional erosion and the undermining of public trust in democratic and financial systems.
Embers of Resistance: DHFL (Movie)
On a rain-soaked evening in New Delhi, DHFL scam victims march with quiet determination, their flickering candles symbolizing resilience. Youth protesters join, their chants and fiery defiance casting grotesque shadows of injustice. Chaos erupts as riot police attack, and an elderly woman’s tragic cry as she is consumed by flames becomes a harrowing symbol of justice crushed under crony capitalism.
This AI-crafted agit-prop film juxtaposes despair and defiance, capturing the indomitable spirit of solidarity. Dedicated to DHFL victims, it is a haunting call to resist oppression and fight for accountability.
