Scams involving eminent persons in the highest echelons of
society is nothing new.The latest revelations of the secret
financial dealings of eminent thieves is the Panama Leaks, in which shocking secret and illegal financial dealings of politicians, sports stars and other public figures have been leaked on a daily basis , sending shock waves around the world. More bombshells are on the cards.The prime minister of Iceland has lost his job, due to his alleged hidden wealth.
It remains to be seen whether any VIP thieves will face the music
in the Third World. For a long time, there has been talk of trillions of dollars hidden in Swiss banks by Indian VIP thieves, but no
action has been taken against the offenders. No matter who is in power, these thieves call the shots,and pooh pooh the laws of the
land. The politicians, bankers and VIP thieves have formed a nexus,and manipulate the laws of the land with impunity. For instance, Vijay Malya, an Indian tycoon , was given huge amounts
of money as loan by leading Indian banks. Malya defaulted, and
was allowed to flee the country, without any questions being asked. The investigation and actions in this case are merely a farce to hoodwink the general public.
Hundreds of millions of people in the Third world suffer due to
lack of clean drinking water, healthcare, quality education, housing,
sanitation, roads and other basic needs. The usual excuse is lack of
funds,which is a travesty of the truth. National wealth is looted and
safely hidden in tax havens. At the same time, the common people
are taxed heavily. For example, when the oil prices dropped, the
governments didn't pass the advantage to the common people.
The looting of national coffers is not a new thing. This is an ongoing thing, involving heads-of-state, multinational corporations, arms dealers,global syndicates,money launderers
etc. Sani Abacha, who was dictator in Nigeria from 1993 to
1998,stole $ 5 billion.This is only the tip of the iceberg.
About 500 Indians are reportedly in the Panama Leaks.As per
tradition, they will laugh all the way to the bank and back. The
common people are condemned to suffer endlessly in their desperate struggle to make ends meet. The status quo is '' rule by
the VIP thieves, by the VIP thieves and for the VIP thieves.''
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