https://youtu.be/cSo0tfrH6ys?t=207 timing of the arrest? Questions about it Kochchar and Dhoot Arrests: Setting the Stage for BJP’s 2024 Election Campaign? Right through the weekend, the question on everyone’s mind was: Why now, what is new? There seems to be only one obvious answer. The timing of the wedding and the lavish extravaganza planned could not have been more unfortunate. Congress leader Rahul Gandhi’s ‘Bharat Jodo Yatra’, which has been attracting record crowds, had just made a triumphant entry into Delhi. Addressing a massive gathering from the iconic Red Fort, Mr Gandhi had declared that the government belongs to “Adani-Ambani”. There would have been huge political embarrassment at the inevitable photos and videos of India’s rich and powerful—some with massive bank borrowings that they have not bothered to repay—grooving away at a lavish destination wedding with a discredited banker playing host. My sources confirm that the who’s who among India’s wealthiest industrialists, bankers and corporate honchos had confirmed their presence at several of the functions.
Sucheta Dalal 28 December 2022
https://www.moneylife.in/article/kochhar-and-dhoot-arrests-setting-the-stage-for-bjps-2024-election-campaign/69327.html
The question that worries big corporate defaulters is whether the arrest of the Kochhars and Mr Dhoot is, indeed, the beginning of a crackdown on all those who continue to enjoy lavish lifestyles and unexplained funding, even while banks and the exchequer have taken a serious hit on their loans.
An image-conscious government would not like to be seen protecting corporate defaulters in the run up to the general elections, thus setting the stage for more action in 2023. Although such arrests may burnish PM Modi’s anti-corruption image, let’s not confuse such actions with actual reduction in daily corruption. In the 2014 campaign, Mr Modi had promised a corruption-free government. But, by all anecdotal accounts, corruption faced by the ordinary person has continued to increase steadily, despite substantially higher salaries paid to government employees at all levels.
Comment on WA : An image-conscious government would not like to be seen protecting corporate defaulters in the run up to the general elections, thus setting the stage for more action in 2023. Although such arrests may burnish PM Modi’s anti-corruption image, let’s not confuse such actions with actual reduction in daily corruption. In the 2014 campaign, Mr Modi had promised a corruption-free government. But, by all anecdotal accounts, corruption faced by the ordinary person has continued to increase steadily, despite substantially higher salaries paid to government employees at all levels.
Comment by VC on WA: And most likely anecdotal because official proceedings on deals that the ruling party would have gone to town about 8 years back are notably absent