Tuesday, April 26, 2016

The Vijay Mallya Tamasha

The Vijay Mallya Tamasha
If you look at the debate that rages in the parliament you would come to realize that what kind of people we have put there parliamentarians debating the kind of women Vijay Mallya used to go around with, if you see a story about him in the media all the time they are highlighting his pictures with different girls , everything about Vijay Mallya has come to center about the women that use to surround him and like everything else now that what makes anything interesting .

But we conveniently ignore that he is legitimate business who has suffered massive losses and has lost whatever three generations had earned he has lost control of his company United Spirits which was cash cow and he has lost everything else also.

Is doing business in India a crime if you look at it objectively he is the worst affected from this and it is he who is turned out to be a villain as if he has run away with all the money when he has made a genuine offer to pay back the money It is sad how media trial in this country are affecting courts judgments.

To negotiate with banks who lend him money is his right if banks have taken equity as collateral and lend him money  against shares and now these shares are worthless is he to blame I don’t think so  it the bank who has to be blamed who has taken equity as collateral .

We are taking away the legitimate rights of business man to negotiate his loan by putting him to media trial and putting pressure on him by pointing to his lifestyle his lifestyle is Vijay Mallya personal issue and nobody has a right to complain about it.

It is sad that business man have to run away from the country because they don’t trust the judicial system in India, courts in India are acting like social activists look at what has happened to Suborto saharha, if he would have gone out from the country he would be sitting somewhere and sipping his scotch while his lawyers would have negotiated with the court but just because he had trust in Indian judiciary he is behind bars  from the last 2 years and just because a regulator like SEBI does not like the way he does his business .

till date not single investor has complained that Sahara has not returned its money  ,the money that was given to SEBI not even 5 % of it has been distributed,   just because a regulator wants to show its authority and when you say sorry I don’t come under your control because I don’t run a limited company you destroy him and again the courts don’t go by the book but by media perception  at the most Sahara is guilty of turning black money to white so impose a penalty and let the man go but you destroy him.

The way media ,politicians and the courts are acting it is bad situation for anybody and especially the rich and famous because anybody can put up an appeal in courts on any ground and the courts entertain them and people get a way to harass individuals just because IPL is good business and some people don’t like it first you get a social campaign about IPL and water crisis in Maharashtra which is flimsy at best and surprise of surprise the courts entertain it and ban matches does it solve the water crisis no does it help anybody no, it just moves legitimate business as being guilty of running a good show and we should all be ashamed of that because some social activists don’t like to see people enjoy the good life  ,which is really sad.

Vijay Mallya has lost everything his money, his company, his future and still everybody is going for his jugular it is really sad what is happening to the man jut because he lived his brand and lived a good life that we are trying to hang him now.

To me it looks that we were actually jealous of what he achieved in his life and now are gloating and kicking him on his way down.

 Let everybody do it but the courts should give him fair trial he deserves that much.  




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