This is with ref. to your report, “Harshad Mehta is Darling of the Ruling Class” (DV July 1, 1992 p.18). Initially | sought to dismiss it as an exaggerated account but I must confess that now I am totally convinced of the validity of this report. The Times of India (June 27), India’s most widely . circulated “national” toilet paper, has confirmed the DV report on this greatest financial scandal of all times. The Times carries front-page report boldly and shamelessly titled, “Harshad Mehta – Still admired by many investors”. It is a report of an “opinion poll” by a market research agency commissioned by the Times to assert the views of 257 investors and 113 elite “experts” on the Harshad Mehta affair. Obviously, most if not all of these people interviewed belong to the Brahmin-Bania duo. The Times report says that while nearly all these people believe that Mehta used bank (public) money to get rich quick and 88% of them believe that Mehta merely took advantage of the “loopholes” in the law to make a fast buck, 50% say that he is not a cheat and 49% assert that he ought not to be jailed.
Merit, My foot : And wonder of wonders 68% of the that respondents said Harshad Mehta, India’s greatest savarna crook, has “made his money by his own merit”. Merit, my foot. We must thank the Times for letting the cat out of the bag and revealing to us the meaning of the merit mantra which the Aryan savarnas employ to deny the masses of their human rights. Merit for this corrupt clique is merely merry-making and money-spinning through hoodwinking the masses. To add insult to injury, a majority of the respondents idolise Harshad Mehta as the “Amitabh Bachchan of the stock market” which leads the report to declare that “there is no denying the fact that there is a distinct admiration for Harshad Mehta”.
DV underestimates scandal : The DV report underestimates the magnitude of the scandal by putting it at Rs. 6,000 crores. According to the Times, S.R. Bommai, JD President, is of the confirmed opinion that the scam crosses the Rs. 20,000-crore mark.
How is it that the Arun Shouries, the Veena Dases, the Andre Beteilles, the M.N. Srinivases and the Girilal Jains of this country, whose ink never seemed to dry writing fiery articles denouncing Mandal, now curiously choose to remain silent on this greatest scandal that has rocked India? V.P. Singh was overthrown for seeking to implement the Mandal report, while the Aryan savarna support to Narasimha Rao has risen by leaps and bounds following the Harshad Mehta Rs. 20,000-crore scandal! Such a thing could only happen in Hindu India.
We had said the same thing a month before the Times report (June 27) without making any market survey. What we did was we asked the owner of a newspaper stall, the biggest in Bangalore, to put a simple question to all those who come to buy the financial dailies specializing in stock market. The question put to the buyers, mostly North Indian savarnas, before CBI probe started, was “Whether Harshad. Mehta will go to jail?” The reply was unanimous: “Why should he? What mistake he has done?” See the thinking in the ruling class. Corruption is never a part of the savarna (Aryan/upper caste/Hindu) ruling (DV edit Nov.1, 1989: “Roots of vocabulary. corruption in Dharma”). – EDITOR
