Tuesday, February 21, 2017

SHELL COMPANIES for money laundering, tax evasion, hiding kickbacks, layering PART 2 -- CAPT AJIT VADAKAYIL



PM MODI SHOULD HAVE DISMANTLED SHELL COMPANIES "BEFORE" DEMONETIZATION NOT "AFTER"


THERE IS NO WISDOM IN LOCKING THE STABLE DOORS AFTER THE HORSES HAVE BOLTED


DIGRESSION:

SUBJECT: LOCKING STABLE DOORS AFTER THE HORSES HAVE BOLTED ??

I was a very successful Captain at sea as I did something which nobody did or even dreamt of at sea .

I did PREDICTIVE MAINTENANCE at sea—an unknown concept.

When Capt Ajit Vadakayil predicts , you know how effective it can be.

I treated every machinery like a human body-- which is the most complicated machine.

http://ajitvadakayil.blogspot.in/2010/12/predictive-maintenance-on-chemical.html

I ignored the company’s peabrained PMS ( Planned maintenance programme ) . This made my bosses very unhappy. But then I have always worked for my ship- never to keep my bosses happy. And my bosses knew that I run a good ship.

http://ajitvadakayil.blogspot.in/2011/07/draw-diagram-marine-two-stroke-main.html

I checked the emissions from the main air compressor in the engine room and found it had Lub Oil carryover. Then I monitored the compressor for a few days and found it was running 18 hours a day, when a healthy compressor must work less than 4 hours a day in charging the air bottles .

I had a site inspection of the main air compressors in the Engine room and found it was below the water level during loaded passage and that it was next to the shipside with the HP ( high pressure ) part facing the hull.

I sent an email to the company—in New York—all pea brained white men in the office. .

I demanded a 24 HOUR BLACKOUT AT THE BERTH IN BROWNSVILLE USA after cargo discharge .

The company threw up .

After all this demand was coming from a DECK BOY not the Chief Engineer.

I told them – “Listen, I am getting off at Brownsville USA with my family as my contract is over . I am doing this for the next captain whose will NOT have a technical brain”

The company replied that one day of idling after cargo discharge ( veg oils ) is unimaginable—there will be much of financial loss.

Then I held a SAFETY COMMITTEE MEETING the same day

I explained the scenario to all the engineers . None of them had the cerebral wherewithal to understand why I wanted INSTANT REPAIRS

I made the MINUTES OF THE MEETING ( process verbal ) –got it signed by all officers and crew SAFETY REPS .

The last line at the bottom was from Captain—

NEVER LOCK THE STABLE DOORS AFTER THE HORSES HAVE BOLTED !

This report was FAXED.

All in the company read this—even the women.

They all knew me well as a Captain par excellence . The PRESIDENT who knew me got involved .

They sort of kept it on the back burner as the white skinned Engineer Technical bosses did not agree ( more out of jealousy ).

This is despite me warning—if what I fear happens , we will not have time to launch our life boats. The engine room will lose its reserve buoyancy and the ship will sink in a jiffy with all souls

Three days later I was woken up at 3PM ( after noon nap ) by a mighty explosion –the whole ship rocked.

I ran down to the engine room telephoning Chief Engineer who was also sleeping to follow me to the starboard side at the main air compressor.

The heavy compressor block has shattered and huge heavy pieces of steel projectiles destroyed everything in its path.

LUCKILY THE HP SIDE FACING THE HULL WAS INTACT AS THE COMPRESSOR EXPLODED FROM THE LP SIDE.

A FINE SPRAY OF LUB OIL HAS A LOWER IGNITION POINT THAT GASOLENE—HARDLY ANYBODY KNOWS THIS

Within two minutes the Chief Engineer arrived at the spot.

CONTINUED TO 2--




  1. CONTINUED FROM 1-

    I told him I WANT TO INSPECT THE INTER COOLER PRESSURE RELIEF TEFLON ALUMINIUM BURSTING DISC

    Then I went up to my cabin as send a terse message to the company in New York --THE HORSES HAVE BOLTED –and came down

    The pressure relief disc had ruptured . As I had predicted the spiral coil had got a hole, as black carbon absorbs and emits heat.

    Despite this lessened pressure the damage caused by flying steel projectiles inboard was unimaginable—they had smashed up heavy pipelines

    If you have a air gun, you put a lead pellet , pump it up and then shoot —how far does it go. Well this compressor produced 30 times that pressure

    Then I get a call from the radio officer SIR ALL AT NEW YORK WANT TO HEAR YOUR VOICE URGENTLY – I HAVE TOLD THEM CAPTAIN IS IN THE ENGINE ROOM AFTER A MIGHTY EXPLOSION

    I went up and told them NO WE ARE NOT IN THE LIFEBOATS —talk to you later . I let them suffer.  They all knew that their ASSES WERE ON THE LINE

    To cut a long story short –the ship was granted a 24 hour stay at an idle berth ( with blackout ) at Brownsville USA.

    I signed off with my wife and two sons , went to New York for de-briefing and had a two day holiday at New York .

    We went up the World Trade Centre –first time for my younger son—but my wife and elder son had been up several times before.

    Repairs?

    All 5 valves on the pipelines connecting the two huge main air compressor bottles were renewed . All were leaking.

    The compressors were not cutting off ( to take rest ) as both air bottles were running down together and the compressors were struggling to charge them back to the highest pressure ( cut in / cutout limits )

    So my compressors were like 45 years old , though the ship was just ten years old.

    http://ajitvadakayil.blogspot.in/2011/10/naive-sailor-main-air-compressors-capt.html

    WHEN I SAID , I WAS 100% COMPETENT AT SEA – EVEN MY MOST VICIOUS DETRACTORS DARE NOT DISAGREE.

    WHEN SUCH A THING HAPPENS YOU BECOME A LIVING LEGEND

    BECAUSE NO SHIP CAPTAIN KNOWS A SHIT ABOUT ENGINEERING

    ALL THIS WOULD HAVE BEEN PART OF MY BOOK “GAMES CAPTAIN PLAYED “ .. IT WOULD HAVE BEEN TOO EXPLOSIVE ..

    THIS INCIDENT WHICH WOULD WOW EVERY ENGINEER -- WOULD HAVE NOT BEEN IN THE TOP HUNDRED.

    Capt Ajit vadakayil
    ..


The government had expected that over 4 lakh crores of black money would be ‘extinguished’ from circulation, thus lightening the debt burden on the RBI which could then have passed this windfall onto public sector banks stressed by bad loans, or non-performing assets (NPAs).

Most of the BAD loans from Indian banks have been given to desh drohis who siphoned off the money to foreign lands using SHELL companies- to but industries, hotels etc . They now employ and give pensions to the white man using the hard earned money of the poor Indian who slogs his ass off.

SOME OF THE LOANS FROM INDIAN BANKS FUNDED LTTE, NAXALS, KHALISTANIS, ,SLAMIC TERRORISTS , MAFIA tec 

NO ONE KNEW A SHIT ABOUT HOW SHELL COMPANIES CAN BE USED TO MAKE THESE LOANS DISAPPEAR – AND HOW PEOPLE WHO TOOK LOANS DECLARE BANKRUPTCY.

CASHEW IMPORTERS FROM NIGERIA WERE GIVEN HUNDREDS OF CRORES BY “INDIAN BANK” OF TAMIL NADU  ( CHID BABYs FRIEND  CMD-M GOPALAKRISHNAN CASE ) --  USED BY LTTE TO BUY FOREIGN ARMS 

A big percentage of all currency that was demonetised has come back into open circulation as white money.

ARE WE STUPID?

DON’T OUR NATIONAL SECURITY AGENCIES HAVE AN IOTA OF BRAINS ? ARE THEY BABES IN THE WOODS?

AND WHY IS AXIS BANK PUNISHING THEIR ERRANT BANK MANAGERS BY “SUSPENSIONS”  . 

IS MODI NOT SUPPOSED TO INCARCERATE THEM?

One of channels for converting black money into white are shell companies.  



EVERY ARMS MIDDLEMAN IN INDIA OPERATES DOZENS OF SHELL COMPANIES.


OUR GOVT DOES NOT EVEN HAVE A LIST OF ARMS DEALS WHO OPERATE SHELL COMPANIES—AFTER ALL THESE POLITICIANS GET KICKBACKS AND THEY TOO OPERATE SHELL COMPANIES

The IT dept had seized huge quantity of Panama’s bearer shares from Sanjay Bhandari’s premises in Delhi during the raid in April 2016.   

I had explained about BEARER SHARES in part 1 of my post , at the end .. 

Panama’s bearer shares are untraceable certificates of ownership and a mode to stash away black money in the tax haven. Such bearer shares ensure anonymity of the owner. Bhandari baby operated dozens of SHELL companies

Bhandari was not on radar till the I-T officials raided a Delhi-based hawala operator, Deepak Agarwal, in a case related to funding Aam Aadmi Party in July 2015. During the raid, I-T officials recovered a number of bogus bills, worth Rs 100 crore, in the name of Sanjay Bhandari. 

This led to a separate tax survey for Bhandari’s 20 shell companies. This is when I-T officials found some suspicious entries and defence ministry’s documents. His phone was put on surveillance and then emerged his nexus with politicians, senior journalists and defence officials.


I-T department has focussed on Bhandari’s three main companies and his foreign accounts. These include his Delhi-based flagship company Offset India Solutions Pvt Ltd, which was floated in 2008 with paid-up capital of just Rs one lakh; Micromet Ati India Pvt Ltd, which had subscribed to Panama bearer shares; and Ayaana Software and Services Pvt Ltd, which was allegedly used for money laundering.




Below: Yemen is being bombed and women/ children die because some JEWS want to make money -- British arms exports to crypto Jew Al Saud dynasty of Saudi Arabia












When black money needs to be made white, a shell company will show some business transaction through which it earned a small profit, below the taxable limit.  This money is then paid to another company, or to an individual, in the form of a consultancy fee, or other professional charge.

The extent of this laundering process is vast.

According to a report based on information obtained from the Registrar of Companies, there are over 1,33,000 such shell companies, or drop-box companies, in India, with Kolkata being home to many of them.

A single one-room office in New Delhi’s Nehru Place has no fewer than 75 such companies operating from it.

There are shell companies in Mumbai and Surat, too, but Kolkata became the epicenter since the 1980s.

In law enforcement circles, domestic shell companies have a nick name, “Kolkata companies”. The city still is the epicentre of the shell-company industry.

Adjoining West Bengal’s seat of power, the Writers Building, the narrow bylanes of the Lal Bazar area is a mini tax haven in itself.   From here, 180 drop box addresses and 11,130 companies are functioning.

In every scam, shell companies are used for pay-offs and inevitably it involves Kolkata-based shell companies.

One of the oft-cited reasons on why Kolkata flourished was because operators in the city charged less commission—most operated by crypto Jew marwaris who were ex-opium drug running agents of Jew Rothachild.

An Indian company,  registered under a shell company typically located in Kolkata, can start by importing something costly—say some machinery for one lakh dollars. The company quotes an infated price of 10 times more.  

The manufacturer of the machine or its suppliers may not want to produce a fake voucher with the inflated price. Therefore, another shell company will be set up offshore .  It will first import the machine at the original price, and then sell it to the Indian company for one million. 

No one will have an inkling about the fact that the offshore shell company is also related to the promoters. The Indian company next remits one million to the offshore  shell. This is done through a banking channel

There is NO need for heavy machinery. It can just be a pack of DVDs containing some bullshit software –touted as some deadly intellectual stuff.  You can import software - get a shell offshore company to send a packet of useless CDs.  

You declare that you have received a proprietary software and it costs half a million dollar.   Even on a small scale, you can remit the money abroad. The claim is backed up by the invoice and a genuine courier.

There are about 92 tax havens. One can move money from India to say  Cayman Islands, then Panama and so on and  finally, to Switzerland (a country that  one-third of the world's private wealth).   You keep closing the shell companies once the money is transferred.   This layering process hides the real beneficiary of an account. 

That is why the Bofors kickbacks could never be tracked.   

Colbar Investments was a shell company of which Quattrocchi was the "economical owner". That transferred money to a series of shell companies ending finally in the Guernsay Islands.. 

During Rajiv Gandhi’s tenure as Prime Minister that UNCLE Quattrocchi spread his wings – wielding enormous powers over Indian Ministers and top bureaucrats. These minions would stand up when spaghetti UNCLE came into their rooms. 

AE Services, the shell company that Quattrocchi operated, was a late entrant to the Bofors deal. Bofors at that time had existing contractual arrangements (going back several years, even decades) with two strands of companies in which arms agent Win Chadha and the Hinduja brothers – GP Hinduja and Srichand Hinduja – had interests. 

AE Services , a shell front for spaghetti UNCLE was entitled to a commission only if the Bofors deal with India was signed before 31 March 1986.  It was a measure of the supreme confidence that Quattrocchi had and was able to communicate to Bofors, that such a contract was signed at all. Tellingly, the Bofors deal was signed on 24 March 1986, a week short of the deadline.

What is the root cause of black money?  The obvious answer is dishonesty. 

No honest desh bhakt person needs a SHELL company.  If a man operates a SHELL company—it just means he is a crook .

But what causes people to be dishonest are taxes, which they want to avoid.

It is better to abolish INCOME TAX.   This will cause a big percentage of SHELL companies to die a natural death.


Do away with personal income tax and we’ll do away with a significant amount of black money, as all personal earnings will be tax-free and fully legitimate.

In black-and-white terms, detaxation might be the only permanent solution to black money.

As many as 48 million individuals were tax assessees in the assessment year 2014-15, or 3.79 percent of India's population.  The data further reveal that there are just over 1.33 million income-tax assessees in India declaring income of more than Rs 10 lakh per year.

Hawala and diamonds are a way for Indians looking to transfer cash abroad.  Since Indian laws have restrictions on carrying cash of over Rs 20 lakh, except in special circumstances such as medical treament, the most common method is to wear or carry diamond jewellery of, say, Rs 100 crore, and fly to Dubai. 

The diamonds can then be sold and the cash deposited in a bank. The banking system in Dubai, typically, asks no questions.  Once the money is in the banking channel, the process of layering follows,

Today, Dubai is the world's third-largest diamond trading hub.  Dubai is not a diamond polishing hub. If so --why is it importing or exporting as much? No one is looking into it.   

Hawala transactions are even easier. The customer pays a simple fee to the Hawala agent and gets the money out to his chosen jurisdiction. This hawala system works of trust—with no paperwork .   

When an HONEST NRI cannot do his 184 days outside India he prefers to send his CLEAN HARD EARNED money by Hawala route to avoid getting taxed as a NON- NRI.   It is NOT used to save a few dollars of banking transfer charges. The money gets delivered at the doorstep by a courier within 60 minutes, no Saturdays NO Sundays, in Kerala  ..

This is why black money and gold jewellery was hoarded in India before demonitisation—benami land too.

http://timesofindia.indiatimes.com/city/mumbai/Rs-2000-crore-hawala-scam-unearthed-in-Mumbai/articleshow/53904414.cms

—the world of shadow banks that make small loans, sometimes against gold, but usually without requiring any collateral.

Governments make great efforts to ensure that global banks comply with anti-money-laundering rules, while this shadow financial system is barely policed. That must change. Governments could start by making it a criminal offence to enable tax evasion by others.


The term "Black Money" is not easy to define as it may have the characteristics of chameleon, changing its colour to suit the purpose, and the same includes 'unaccounted income', 'black income', 'dirty money', 'black wealth', 'underground wealth', 'black economy', 'parallel economy', 'shadow economy', and 'underground' or 'unofficial' economy.
It’s legal for Indian residents to hold money in foreign bank accounts as long as they disclose it and pay taxes.

Some undisclosed money is moved out of the country through hawala,. Using hawala is illegal in India.

Shell companies set up in tax havens are used to route some of the cash back to India by investments in stock markets through participatory notes, foreign direct investments and other instruments

GMR has the dubious distinction of being one of the most indebted companies in the country. GMR Group is an infrastructural company headquartered in Bengaluru. GMR group interests lie in areas of Airports, Energy, Highways and Urban Infrastructure.

GMR has forayed into sports by promoting the Indian Premier League (IPL) cricket team – Delhi Daredevils. Grandhi Mallikarjuna Rao is the founder chairman of GMR Group.

 GMR has about 40,000 crore debt and the ratio of that debt to its ebitda — or earnings before interest, depreciation, taxes and amortisation — is 6.8 times.  A SHADOW BANK recently stepped in and gave the cash-strapped company a loan of more than $200m.

Though Kerala is one of the best-banked States, there exists a strong parallel illegal credit system, too. These ‘blade companies’ charge extremely high rates of interest, often ranging from 120 per cent to 300 per cent a year. 

These companies often employ goondas to recover money from the borrowers. Many murders, lynching and suicides are linked to these companies.




It’s legal for Indian residents to hold money in foreign bank accounts as long as they disclose it and pay taxes.

Some undisclosed money is moved out of the country through hawala,. Using hawala is illegal in India.

Shell companies set up in tax havens are used to route some of the cash back to India by investments in stock markets through participatory notes, foreign direct investments and other instruments

GMR has the dubious distinction of being one of the most indebted companies in the country. GMR Group is an infrastructural company headquartered in Bengaluru. GMR group interests lie in areas of Airports, Energy, Highways and Urban Infrastructure.

GMR has forayed into sports by promoting the Indian Premier League (IPL) cricket team – Delhi Daredevils. Grandhi Mallikarjuna Rao is the founder chairman of GMR Group.

 GMR has about 40,000 crore debt and the ratio of that debt to its ebitda — or earnings before interest, depreciation, taxes and amortisation — is 6.8 times.  A SHADOW BANK recently stepped in and gave the cash-strapped company a loan of more than $200m.

Though Kerala is one of the best-banked States, there exists a strong parallel illegal credit system, too. These ‘blade companies’ charge extremely high rates of interest, often ranging from 120 per cent to 300 per cent a year. These companies often employ goondas to recover money from the borrowers. Many murders, lynching and suicides are linked to these companies.


Someimes your own SHADOW BANK gives a loan to YOU .  Jew Rothschild buys his own art or wine to increase its value.

Loans can be used as an excuse to declare bankruptcy

MAJJA HAI.  KISSI KOH KUCHCH NAHIN PATHA !

Bankruptcy fraud is a white-collar crime that takes four general forms. 

First, debtors conceal assets to avoid having to forfeit them. 

Second, individuals intentionally file false or incomplete forms. 

Third, individuals sometimes file multiple times using either false information or real information in several states. 

The fourth kind of bankruptcy fraud involves bribing a court-appointed trustee. Commonly, the criminal will couple one of these forms of fraud with another crime, such as identity theft, mortgage fraud, money laundering, and public corruption.

Nearly 73 % of all bankruptcy fraud involves the concealment of assets

Creditors can only liquidate those assets listed by the debtor; thus, if the debtor fails to reveal certain assets, the debtor can keep the assets despite having an outstanding debt. To further conceal the assets, businesses or individuals may transfer these unrevealed assets to friends, relatives, or an associate so that the asset cannot be located. This type of fraud raises the risk and costs associated with lending and becomes passed on to others who wish to borrow money.

Multiple filing fraud consists of filing for bankruptcy in multiple states, using the same name and information, using aliases and fake information, or some combination thereof. Multiple filings slow down the court systems’ ability to process a bankruptcy filing and liquidate the assets. Often, multiple filings provide more cover for a debtor trying to engage in the concealment of assets.

A proceeding in which suspects are charged with bankruptcy fraud is criminal in nature.
Shell companies are also utilized by criminals to facilitate fraudulent activities. Such activities include money laundering,billing schemes, fictitious service schemes, bankruptcy fraud, tax evasion, and market manipulation. Scandals involve anywhere upto millions of dollars.

A shell corporation is a legally created entity that has no active business or an entity used to conceal the true identity of the real company operating through a shell company. In essence, a shell corporation exists mainly on paper, has no physical presence, employs no one, and produces nothing. Within more sophisticated concealment strategies the perpetrators may employ the use of an office or employees to provide the illusion of a legitimate business entity. 

Shell corporations are frequently used to shield identities or to hide money in cases of money laundering, bankruptcy, bribery, and fraudulent conveyances. Scandals range from thousands to millions of dollars and always result in embarrassing moments for the company and management.

Shell companies are legal entities that are frequently used by individuals to conduct criminal behavior. In my opinion India must make shell companies illegal.  Such fraudulent measures include money laundering, billing schemes, fictitious service schemes, bankruptcy fraud, tax evasion, as well as market manipulation. 

While authorities are continuously investigating the illegal utilization of shell entities, they are finding it difficult to prosecute those whom are  criminally involved. States do not require much, if any, ownership information oncompany formation documents, therefore, making it almost full proof for law officials toprosecute. 

Third-party agents and nominee incorporation services make it even harder for authorities to trace illegal activity to the original creator of the shell. Although regulations and laws are in place, numerous websites are available for individuals as well as businesses to search a company’s history and/or to confirm identities, or search current issues regarding the fraudulent use of shell companies.

Again, illegal activities generally carried out by a shell company includes tax evasion, bankruptcy frauds, fake services schemes, market manipulation and money laundering.

The term “shadow bank” was coined in 2007 by Paul McCulley of PIMCO, a big bond fund to describe risky off-balance-sheet vehicles hatched by banks to sell loans repackaged as bonds. Today, the term is used more loosely to cover all financial intermediaries that perform bank-like activity but are not regulated as one. 

These include mobile payment systems, pawnshops, peer-to-peer lending websites, hedge funds and bond-trading platforms set up by technology firms. Among the biggest are asset management companies



HEY –

HOW MANY OF YOU ARE SMART ENOUGH TO HIDE ALL YOUR PROFITS IN YOUR ASSHOLE ,  AVOID PAYING TAX  AND TAKE LOANS FROM YOUR OWN ASSHOLE  ?

IT poster boy Rmalinga Raju ( Satyam) had 13,000 fictitious employees.   He manipulated the accounts by billions of USD..

Satyam company misrepresented its accounts both to its board, stock exchanges, regulators, investors and all other stakeholders. It is  impossible to misrepresent such facts without the connivance of the auditors and some executive board members.  

A web of 356 investment SHELL companies was used to allegedly divert funds from Satyam.· These companies had several transactions in the form of inter-corporate investments, advances and loans within and among them. 

The cash so raised was used to purchase several thousands of acres of land across Andhra Pradesh to ride a booming realty market. The properties, bought in the name of some 80 shell companies, included prime commercial plots in and around Hyderabad, Bangalore, Chennai and Nagpur.

Raju and nine accomplices skimmed more than $2.5 billion from the company, Satyam insiders forged board resolutions to secure $260 million in bank loans which were diverted for personal use, and over several years generated fake customer identities and account statements to inflate Satyam's revenues by millions of dollars, boosting the company's share price and making its books look far healthier than they were

AND RAJU BABY GETS A FAKE DOCTORs CERTIFICATE STATING THAT HE IS SUFFERING FROM DEADLY HEPATITIS C


NOBODY EVEN KNOWS HOW MUCH BENAMI LAND WAS BOUGHT ON FAKE TELGI STAMP PAPER.  IN THE NARCO TEST TELGI REVEALED THE NAME OF SHARAD PAWAR .


Switzerland has a host of companies that provides professional services to manage the wealth of high networth individuals across the world.  

ROTHSCHILD Services can range from acting as professional trustees of trusts to incorporating companies and holding structures.

They provide administrative services, including directors and secretaries for these companies, and that of the trusts. Other services include assistance while meeting with bankers.




EVER HEARD OF REVERSE MERGERS ?

A reverse merger is the acquisition of an already public company (usually a dormant shell) to avoid the Initial Public Offering (IPO) process and cost, to quickly get your startup on a public exchange for fund raising through visibility and selling stock

They make sure the SHELL they choose is squeaky clean. The image of shell companies has long been tarnished by true stories of shareholder lawsuits and “pump and dump” schemes.   JEW Rothschild has the clout and the experience to make this happen.

It takes real money to get into the game. The cost of the shell, plus the cost of navigating the process, can now easily exceed millions. This approach is not for entrepreneurs who are broke.

Jew Rothschild wants you to be an established company, with millions of dollars in annual revenue and profits, following generally accepted accounting, reporting, and audit procedures.

Most public shells ready for sale are not listed on a national securities exchange, but are instead traded in a less glamorous setting, such as the OTC Bulletin Board. Of course, they can be renamed and moved, but that may negate the cost and time advantages originally sought.

Jew Rothschild has the ability to  motivate shareholders. The reverse merger process itself doesn’t raise any capital. That still requires a business team and story that continually motivates stock brokers and public stockholders. You may no longer have the option of investing all earnings into growth, or servicing your special corporate cause.

Other than raising money, the reverse merger may be the quickest way to get you to other benefits of a public company. These include the ability to offer meaningful stock options to employees, the use of liquid shares to purchase other companies, and the credibility and public access to information you need to attract key customers and suppliers.


A public shell company is used by a private entity to go public. This arrangement is used to go public quickly and at minimal cost.



When a  private company gains control of a public shell company, the shell is structured to be the parent company and the buyer’s company becomes its subsidiary.  The owners of the private company exchange their shares in the private company for shares in the public company.  They have now gained control over a majority of the stock of the shell, and are running a public company.

The legal structure used for this merger is called a reverse triangular merger. The process flow for a reverse triangular merger is:

The shell company creates a subsidiary entity.
The newly-formed subsidiary merges into the private company that is buying the shell.
The newly-formed subsidiary has now disappeared, so the private company becomes a subsidiary of the shell company.
The reverse triangular merger is used to avoid the cumbersome shareholder approval process that is normally required for an acquisition.  Though the shareholders of the private company must still approve the deal, it is only the shareholder of the new subsidiary that must approve the deal on behalf of the shell company – and the only shareholder of the new subsidiary is its parent company.

The reverse triangular concept is particularly useful, because it allows a private company to continue operating as a going concern and without a change in control of the entity.  Otherwise, the business might suffer from the loss of any contracts that would automatically expire if either of those events were to occur.

There are a number of advantages associated with the reverse merger concept, which are:

Speed. A reverse merger can be completed in just a few months.

A reverse merger backed by kosher BIG BROTHER can be accomplished with such minimal effort that management barely notices the change.

If the buyer is not immediately intending to use the shell to raise money from the public, it can take the reverse merger path even in weak stock market conditions.

Being public means that the stock issued by the combined entity is a more tradable form of currency than the stock of a private company, which makes it easier for an acquirer to engage in stock-for-stock transactions. 

Also, the shares of a public company are frequently valued higher than those of a private one (because the stock is more tradable), so the public company that engages in stock-for-stock purchases can do so with fewer shares.

The reverse merger path is sometimes pushed by the current shareholders of a business, because they want to have an avenue for selling their shares. This is a particular concern for those shareholders who have been unable to liquidate their shares by other means, such as selling them back to the company or selling the entire business.

Being public makes the issuance of stock options much more attractive to the recipients. If they elect to exercise their options, they can then sell the shares to the general public, while also obtaining enough cash to pay for taxes on any gains generated from the options.

JEW Rothschild is the TOP CAT in global investment banks for mergers and acquisitions (M&A) advisory. If at all someone is ahead of him, it is because he is a mere front

Rothschild heads Reliance’s Mergers & Acquisitions team.

Rothschild recently wrote a letter to the Supreme Court on behalf of Vijay Mallya that made $40 million of Indian taxpayers money vanish.


APCO MODI KEE JAI ! 

AFTER ALL APCO IS ROTHSCHILD’S MAAL!!




WE KICKED OUT JEW ROTHSCHILD IN 1947.

NOW HE IS BACK

BOLOH BHAAARTMAATA KEE JAI

AISA NAHIN

DONON HAATH OOPAR DAALKE 

CHARKHA GHUMAAAKE  ( PEHLA THODA GUJARATI  CHOONA LAGAANA )

BOLOH BHAAAAARAAAA------------





Jew Rothschild’a provides the KOSHER  WALL.   You get fucked if you even touch the wall-  forget about breaching it  .   

If somebody is conducting an investigation he cant get a shit or do a shit.  

Sab mil julke , barabbar bhaantke , khaaa raha hai !

EVER WONDERED WHY INDIA ALLOWS GAMBLING IN GOA ?

CHAKKAR KYA HAI BHAIYYA ?


FIRST OF ALL DRUG AND CASINO MONEY GETS LAUNDERED HERE



Goa state is the only one in India that permits both electronic onland casinos as well as live offshore ones. This ship CASINO ROYALE is always infested with white skinned JEWS

In Goa entry to casino is unrestricted, no screening as such. Names will just be asked for entry, no ID documents or AADHAR CARD NUMBER asked for. A small band like thing would be tied to your hands.

Small denomination of coins would be given with the entry fee paid inducing you to play.

There is no limit on how much coins can be purchased by paying cash, for high end customers, who pre-book and have a package deal of accommodation as well, there is an option to wire transfer the funds to the casino account

Interestingly, just to keep you motivated while playing (Poker, Roulette being the most popular) there are ATM’s of Indian banks just beside the “Chips” counter inside the floating casino  you can withdraw cash anytime.

The winnings are subjected to TDS (Tax Deducted at Source) under section 194 B of Indian Income Tax Act, 1961 , its similar to withholding tax as a deduction from your total payments, in India the TDS rate is 30% on lottery winnings, games of chances (covers casinos).

However in no case you can see any TDS deducted from any payments made to customers.

Macau and Hong Kong are considered Special Administrative Regions of the People's Republic of China, and part of what makes them special is that they are great places to launder cash.   

Macau is the casino capital of the world, with seven times more gaming revenue than Las Vegas, and Hong Kong is home to plenty of compliant ROTHSCHILDs  banks and other intermediaries willing to transfer funds anywhere in the world without asking too many questions, for a fee.

Gambling tourism is Macau's biggest source of revenue, making up about 52% of the economy. Macau, a special administrative region like Hong Kong, is the only place in China where casinos are legal.  

JEW Stanley Ho  , the richest man of Macau has been nicknamed "The King of Gambling", reflecting the government-granted monopoly he held on the Macau gambling industry for 40 years.

Casinos are money laundering machines..  

More than 300 billion USD in "ill-gotten funds are channeled through Macau each year.  Money which is funneled into Macau casinos are mostly bribes , embezzelments and kickbacks ..

Winnings in gambling are taken in USD to invest it in property or offshore tax havens.  SHELL company agents of the Chinese mafia TRIAD do everything –all logistics .. They help arrange for visas and accommodations, including VIP rooms. 

They also collect gambling debts and make sure police and judiciary don’t bother you.. Triads arrange for drugs and underage girls too. 

Illicit money finds its way to Macau's casinos is through pawn shops. Visitors buy goods from a pawn shops with a debit card and then sell it back for cash.

Senator John McCain raised concerns about illicit money from Macau making its way into the American political sphere by pointing out that CEO of Las Vegas Sands Corporation, Sheldon Adelson, got his profits from Macau.



Let's say you live or work in China and want to hide a massive bribe.  First, you must convert it from yuan into another currency without the government knowing.  The easiest way to do this is to contact a junket, an agent in mainland China who will give you casino chips for your cash, minus fees of up to 20%. 

Take the chips to a friendly, cooperative casino, where you can gamble with them, cash them in for Hong Kong or US dollars to then spend as you see fit, or deposit in a Hong Kong bank branch.   Or, for extra safety, take them to a lawyer specializing in offshore laundering. 

 Meanwhile, the casino will mix your chips with those from legitimate gamblers, and its accountants will book your $1 million as paid-out winnings.

The real BIG FISH don't bother with casinos, crooked bank managers, junkets, or smurfs.  

Digression: A smurf may pack cash in a suitcase and smuggle it to another country for gambling, buying international currency or other reasons. Structuring, also known as smurfing in banking industry jargon, is the practice of executing financial transactions (such as the making of bank deposits) in a specific pattern calculated to avoid the creation of certain records and reports required by law


They manage to transfer millions, or billions, without handling cash or involving banks at all, instead funneling their money through corporate deals (bribes, kickbacks, and embezzlement schemes), which are exempt from currency controls.

When Manuel Noriega, commander of the Panama Defense Forces, took power in 1983, he essentially nationalized the KOSHER money-laundering business which was not doing Panama any good.

Manuel Noriega was the BLUE EYED BOY of USA .

He reliably supported American foreign policy in the region—and for years the CIA sponsored him. 

But then like Idi Amin, as a patriot refused to play ball.    

I have been to Nicaragua--such a poor nation.    Husbands/  fathers /brothers dont mind if the wives / daughters / sisters bring home sailors to screw . These women are good looking,

If you dont play ball by going against your country , you get screwed.



The US lost patience when he opposed American efforts to topple the leftist Sandinista government in neighboring Nicaragua.

That helped lead to the 1989 invasion of Panama that ousted Noriega and returned to power of Jew Rothschild’s banking agents.


U.S. forces captured Noriega after a 1989 military invasion ordered by then-President George H.W. Bush in part because of the Panamanian's links to drug traffickers.  

It is a travesty of justice as Bush had used him as a friend.. Noriega was recruited as a CIA informant while studying at a military academy in Peru.

Manuel Antonio Noriega (born February 11, 1934) is a former general and the military dictator of Panama from 1983 to 1989. . 

The 1989 invasion of Panama by the United States removed him from power; he was captured, detained as a prisoner of war, and flown to the U.S. Noriega was tried on eight counts of drug trafficking, racketeering, and money laundering in April 1992. 

He was also accused of rigging elections in 1989— the naked truth is USA rigged the elections . 

President George H W Bush launched an invasion, ostensibly because a US marine had been killed in Panama City, although the operation had been months in the planning.

Noriega sought refuge in the Vatican's diplomatic mission in Panama City. The US tactic to flush him out was to play deafening pop and heavy metal music non-stop outside the building. By 3 January 1990, it had worked and Noriega surrendered. 

He was flown to the US with prisoner of war status to face charges of drug-trafficking, money-laundering and racketeering.

US SHIT DOES NOT SMELL.  THEY CAN CONVICT THE RULER OF A FOREIGN NATION—AMERICAN EXCEPTIONALISM IF YOU PLEAJJE.

###### SUBJECT –AMERICAN EXCEPTIONALISM #### 

Obama spAke that Americans would respond to Assad’s misrule because .."That’s what makes America different… That’s what makes us EXCEPTIONAL“.... 

AMERICAN EXCEPTIONALISM has come to describe the belief that the United States has an exceptional position among countries, and should not be bound by international law except where it serves American interests... 

So USA can force India to buy SH1T American solar panels using WTO rules by taking us to court—but they will rub India’s nose on the ground when it comes to H1B visas coming under the same ground rules… 

This position is driven by a ( implicit) premise that the United States cannot violate international law , because UNCLE SAMs EXCEPTIONAL SH1T DOES NOT SMELL.... 

Foul hypocrisy is THE reason for worldwide dislike of the USA. ... 

American Exceptionalism is nothing but plain Jingoism...... This planet has seen through this BULLSH1T -- the CHO0TIYA belief that the US differs qualitatively from other developed nations because of its national credo, historical evolution, or distinctive political and religious institutions…. 

American exceptionalism contains a complicated and often contradictory set of assumptions which do NOT stand up to the test of logical and empirical analysis.... 

It is more akin to a cluster of stories that provides buttresses for pseudo-analytical judgments about American national identity.... 

Yanks do NOT realize that the American “Constitution” was written while BLACK men and women were enslaved and treated like animals....... 

All this nonsense of America behaving as a "nation above nations" imposing its hegemony on the rest of the world, acting in its own interest, with no concern for others, will soon come to a grinding halt. ..... 

The basis most commonly cited for American exceptionalism is the idea that the United States and its people hold a special place in the world, by offering opportunity and hope for humanity… American exceptionalism has metamorphosed in a foul manner from an ideal DREAM to arrogant / immoral moral superiority ... 

American exceptionalism is now construed as naked imperialism, laying down their own laws , striking unilaterally and riding rough-shod over people's cultures and beliefs.... 

Root cause is terrific ignorance, John Wayne swagger and riding posse “catch the outlaw” mindset.. 

America , spare us this “WE DROP ONLY GOOD BOMBS SH1T “!!... 

Drug cheat US gymnast Simone Biles was allowed to compete at Rio while clean Russian Pole vaulter Yelena Isinbayeva, was banned….

AMERICAN EXCEPTIONALISM , is now a term to be SPAT on--ashamed of…. 

It is now all about DIABOLICAL HYPOCRISY most foul… 

HERE COMES THE EPITAPH ON THE TOMBSTONE OF THE GRAVE OF AMERICIAN EXCEPTIONALISM... THIS FROM CAPT AJIT VADAKAYIL, THE NO 1 WRITER ON THIS PLANET …… 

AARRGGHH FUCK1N’ PTTHHEEOOOYYYY ! 

Capt ajit vadakayil..




SO , SO , SO--

POL POT,  IDI AMIN,  MANUEL NORIEGA, SADDAM HUSSAIN AND GADDAFI ARE THE VERITABLE DEVILS ON EARTH, RIGHT ?

MY LEFT BALL !






The SHAH of Iran Pahlavi was a crypto Jew.

After Islamists unseated the Shah ,  Jew Rothschild used Saddam Hussein against Iran.   

Later when Saddam Hussain refused to play ball, the JEWS used crypto Jew Kuwaiti ruler Al Sabah to SLANT DRILL and steal Iraqi oil to provoke Saddam Hussain.

The whole world knows the WMD kosher LIE.





Noriega was convicted in Miami in 1992 on multiple charges, including drug trafficking, and sentenced to 40 years.

In 2011, Noriega was sent back to his homeland after more than 20 years in U.S. and French jails for drug trafficking and money laundering.

He was extradited in France in 2010 after serving 17 years in prison in the United States on a drug-trafficking conviction, and he faces two 20-year sentences in Panama for the slayings of two political opponents in the 1980s

When Nixon first declared war on drugs in 1971, there were very few hard-core addicts in the nation, most of whom were addicted to heroin.. 

As head of the CIA, Bush authorized a salary for Manuel Noriega as a CIA asset. 

The CIA and the Department of State were protecting more and more politically powerful drug traffickers around the world: the Mujahideen in Afghanistan, the Bolivian cocaine cartels, the top levels of Mexican government, Nicaraguan Contras, Colombian drug dealers and politicians, and others.



Sometime in 1990, US Customs intercepted a ton of cocaine being smuggled through Miami International Airport. A Customs and DEA investigation quickly revealed that the smugglers were the Venezuelan National Guard headed by General Guillen, a CIA “asset” who claimed that he had been operating under CIA orders and protection.

 The CIA soon admitted that this was true. If the ROTHSCHILD CONTROLLED CIA is good at anything, it is the complete control of American mass media.

Rothschild, the centuries-old European financial institution, has opened a trust company in Reno, Nev., a few blocks from the Harrah’s and Eldorado casinos.

It is now moving the fortunes of wealthy foreign clients out of offshore havens such as Bermuda, subject to the new international disclosure requirements, and into Rothschild-run trusts in Nevada, which are exempt.

Anyone closely following the Panama Papers tax haven story, is by now familiar with the role that Rothschild plays in providing virtually identical services right inside the US by the Rothschild Trust

For financial advisers, the current state of play is simply a good business opportunity. In a draft of his San Francisco presentation, Rothschild’s Penney wrote that the U.S. "is effectively the biggest tax haven in the world."

The U.S., he added in language later excised from his prepared remarks, lacks “the appetite  to enforce foreign tax laws ”


PM MODI-

BEFORE YOU STRIKE  ( YOU MUST )  I SUGGEST THAT YOU WAIT FOR ME TO COMPLETE THIS POST -- PROBABLY 4 PARTS .






Abhishek Sharma
February 21, 2017 at 1:13 PM
Idiot Virat Kohli propagating Autobiography of a Yogi written by a Rothschild Agent on social media (instagram) & asking others to read it as well. Dumb Kohli, Do what you are good at! Do not rub your nose where it's not required!

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Capt. Ajit Vadakayil
February 21, 2017 at 2:18 PM

hi as,

Paramahansa Yogananda's real name is Mukunda Lal Ghosh born in Rothschild's town Gorakhpur ( like Pandharpur ).

Ghosh Babumoshay and Yukteshwar hung on to MAHAVATAR BABAJIs langot

At the age of 27 Ghosh Babu went to USA on Jew Rothschild's ships as India's delegate to an International Congress of Religious Liberals convening in Boston.

Boston BRAHMINSs ( Rothschild's opium drug running Free Mason agents ) sponsored him.

http://ajitvadakayil.blogspot.in/2010/12/dirty-secrets-of-boston-tea-party-capt.html

Yogananda was the first Hindu teacher of yoga in USA --he lived and taught there for 32 years.

Yogananda was sent back to India to be the guru of drug in enema receiving Gandhi. Rothschild's media went to town about how holy Gandhi is.

http://ajitvadakayil.blogspot.in/2017/01/mahatma-gandhi-and-his-endless.html

BALLS he attained mahasamadhi--he just fainted when giving a discourse to the Indian ambassador BONG Sen at Los Angeles. He died soon after

Ghosh Babu's discourses taught of the "unity of 'the original teachings of Jesus Christ and the original Yoga taught by Krishna

LITTLE DOES THIS BONG BABU KNOW THAT JESUS CHRIST NEVER EXISTED

http://ajitvadakayil.blogspot.in/2016/04/apollonius-or-jesus-christ-who-is-real.html


WHAT YOGANANDA KNOWS ABOUT YOGA AND SANATANA DHARMA , CAPT AJIT VADAKAYIL CAN FIT UNDER THE FORESKIN OF HIS UNCIRCUMCISED PRICK WITH 99.99 % SPACE BALANCE
tell VIRAAT KOHLI to read this post below if he wants to know about Indian and Hinduism

http://ajitvadakayil.blogspot.in/2017/02/we-hindu-indians-are-proudest-people-on.html


Yogananda wrote the Second Coming of Christ: The Resurrection of the Christ Within You --even Pope was HAJAAAAR pleased

According to Yogananda the the Yoga Sutras of Patanjali, contains a description of Kriya Yoga in the second chapter II.49: "Liberation can be attained by that pranayama which is accomplished by disjoining the course of inspiration and expiration."

YOGANANDA HAS NOT UNDERSTOOD THIS SUTRA

YOGANANDA DOES NOT HAVE THE CEREBRAL WHEREWITHAL TO EVEN UNDERSTAND CHAPTER TWO VERSE 49 OF PATANJALIs YOGA SUTRA.

2.49— tasmin sati shvasaprashvasayorgativichchhedah pranayamah ( Expansion of the life force or vital energy by regulation of breath is next.)

http://ajitvadakayil.blogspot.in/2016/07/sanatana-dharma-hinduism-exhumed-and_31.html

Jew Rothschild got Yogananda's " Autobiography of a Yogi " translated into 46 languages and touted it as within the TOP 50 of the Spiritual Books of the planet.

BALLS

I HAVE READ THIS BOOK

put this comment in Virat Kohli's website --ask him if he loves gandhi and his drug laced enemas

capt ajit vadakayil
..

TO BE CONTINUED-


CAPT AJIT VADAKAYIL
..