Posted on 06/11/2022 Updated on 09/12/2022 We have sent the following letters to the Central Vigilance Commission, Central Bureau of Investigation, Enforcement Directorate and the National Investigation Agency: LETTER TO THE CVC: ToThe Central Vigilance Commissioner,Central Vigilance Commission of India,Government of IndiaSub: Seeking intervention on the (mis?)conducts of the RBI-appointed DHFL-CoC Resolution Process Dear Sir, ItContinue reading “Seeking intervention on the (mis?)conducts of the RBI-appointed DHFL-CoC Resolution Process: LETTERS TO THE CVC, CBI, ED, NIA”
Category Archives: Activities
Our current activities concentrate on the case of Dewan Housing Finance Corporation Limited (DHFL), India. While exploring and investigating this particular case, we have found that India’s crony ruling party, gangsters, banksters as well as religious gurus and institutions are involved in the same. Therefore, to break such collusion, we have decided to deploy an “all out attack” on the existing paradigm of neoliberal market economy as well as market fundamentalism. ***DISCLAIMER: We have collected all the data from available sources on the internet as given on the official portals of media houses, websites and institutions and organizations. We are not first-hand reporters and hence, we are not liable for any inadvertent error or value-loaded statements made on those portals. All propositions have to be viewed as descriptive assertions on the given point of concern.***
Piramal is more equal than the other 98%!
Posted on 31/10/2022 DISCLAIMER: The allegations and claims outlined in this article are subject to ongoing judicial review and investigation, with many issues remaining sub judice. Readers should refrain from forming definitive conclusions due to the absence of conclusive evidence. OBMA has always mindfully used cautious and legally accurate language, employing terms such as “alleged,” “reported,”Continue reading “Piramal is more equal than the other 98%!”
FINANCIAL ABUSE OF THE DHFL VICTIMS BY THE CoC FOR DHFL: THIRD COMPLAINT TO THE NHRC
Posted on 25/10/2022 Updated on 04/11/2022 Following our previous two consequent complaints to the NHRC against the Apex Court of India and the RBI respectively ⤡ ⤡, on 25/10/2022, another complaint (Diary No. 17904/IN/2022, Case No. 4916/25/15/2022) was filed before the National Human Rights Commission (NHRC), India, by pointing out the curtailment or gross violation of business-related human rightsContinue reading “FINANCIAL ABUSE OF THE DHFL VICTIMS BY THE CoC FOR DHFL: THIRD COMPLAINT TO THE NHRC”
FINANCIAL ABUSE OF THE DHFL VICTIMS BY THE RBI: SECOND COMPLAINT TO THE NHRC
Posted on 25/10/2022 Updated on 04/11/2022 Following our previous complaint to the NHRC against the Apex Court of India⤡, on 25/10/2022, another complaint (Diary No. 17901/IN/2022, case no. 4642/25/5/2022) was filed before the National Human Rights Commission (NHRC), India, by pointing out the curtailment or gross violation of business-related human rights (as guaranteed by the United Nations GuidingContinue reading “FINANCIAL ABUSE OF THE DHFL VICTIMS BY THE RBI: SECOND COMPLAINT TO THE NHRC”
FINANCIAL ABUSE OF THE DHFL VICTIMS: A COMPLAINT TO THE NHRC
Posted on 25/10/2022 Updated on 15/02/2023 On 24/10/2022, a complaint (Diary No. 17826/IN/2022; Reg. No. 5399/90/0/2022) was filed before the National Human Rights Commission (NHRC), India, by pointing out the curtailment or gross violation of business-related human rights (as guaranteed by the United Nations Guiding Principles under the purview of international law) in the contextContinue reading “FINANCIAL ABUSE OF THE DHFL VICTIMS: A COMPLAINT TO THE NHRC”
THE CHRONOLOGY OF THE DHFL SCAM
The article outlines the timeline of the DHFL scam, one of India’s largest financial frauds, involving the Wadhawan brothers who allegedly diverted over ₹30,000 crore through shell companies and fraudulent loans, some linked to criminal entities. Despite repeated allegations and forensic audits uncovering fake accounts under government housing schemes, DHFL maintained high credit ratings until it defaulted in 2019. The RBI intervened, and insolvency proceedings followed. Eventually, the Piramal Group acquired DHFL under questionable circumstances, even though competing bids offered more value. Courts upheld the resolution plan, the Wadhawans were given a clean chit in early 2025, but lakhs of depositors remain uncompensated, raising concerns about regulatory lapses, political shielding, and systemic injustice.
An RTI to the Department of Legal Affairs regarding the disputed ownership status of the DHFL
Posted on 20/09/22 Updated on 19/12/2022 We have filed another RTI Application, addressing it to the Department of Legal Affairs, Government of India, by asking the following two questions: 1. Are there any legal cases related to the Dewan Housing Finance Corporation Limited (DHFL) that are still under adjudication or sub judice or are pending?2.Continue reading “An RTI to the Department of Legal Affairs regarding the disputed ownership status of the DHFL”
Requesting for filing a defamation case against the anti-national newspapers regarding the nexus between the underworld and the BJP
The article discusses a request for filing a defamation case against newspapers that published reports alleging a nexus between the BJP and the underworld, including figures like Dawood Ibrahim. The author criticizes the lack of legal action from BJP against these claims, suggesting either truth in the allegations or a failure to protect the party’s reputation. The post also reflects concerns about media freedom and the political landscape in India.
MR. SHAH RUKH KHAN, THE BRAND AMBASSADOR OF DHFL, HAS DECEIVED THE VICTIMS OF THE DHFL SCAM
Posted on 6th August, 2022 Dear All, we have got the following letter from an anonymous person, demanding the arrest and boycott of Mr. Shah Rukh Khan and his films for his passive role in the DHFL Scam. The anonymous person has mentioned our previous letter to the Don, the former Brand Ambassador of theContinue reading “MR. SHAH RUKH KHAN, THE BRAND AMBASSADOR OF DHFL, HAS DECEIVED THE VICTIMS OF THE DHFL SCAM”
EXPOSING PIRAMAL REALTY: KRISHNARAJ RAO
The article “Exposing Piramal Realty: Krishnaraj Rao” highlights several concerns regarding Piramal Realty’s business practices:
One-Sided Agreements: The draft agreements for projects like Piramal Revanta Towers are criticized for being heavily skewed in favor of the developer. These contracts grant PRL Developers Private Limited extensive rights over land development, limiting flat-buyers’ ability to raise objections. Exit clauses are also noted to favor the developer, undermining buyers’ rights.
Environmental Impact: The article labels Mr. Ajay Piramal as an “eco-terrorist,” accusing him of exploiting nature without regard for biodiversity. It references environmental concerns associated with Piramal’s pharmaceutical plant in Digwal, Telangana, and criticizes real estate developments in ecologically sensitive coastal areas like Mumbai, which face risks from climate change and rising sea levels.
Legal and Ethical Issues: The piece suggests that law enforcement and the judiciary may not always protect flat-buyers from exploitation by builders. It mentions that when police mediate between defrauded buyers and builders, resulting agreements often contain loopholes allowing builders to evade accountability. Builders, including Piramal Realty, are accused of proposing out-of-court settlements to avoid civil litigation, which may be ineffective or detrimental to buyers’ interests.
The article includes videos by Krishnaraj Rao and a press conference by Siddarth Jaaju to support these claims.
Once in a Blue Moon Academia 