Chapter 341 Falling from the Altar
The actual situation was more troublesome than Ron imagined. The first thing AIADMK's rival DMK did after coming to power was to launch an investigation into Jayalalithaa.
Even their election manifesto was to expose, crack down on and severely punish Jayalalithaa's corruption.
The wedding that shocked India last year was so eye-catching that the Guinness Book of World Records even issued a certificate for the largest wedding in history.
The entire Tamil Nadu, including many viewers in South India, witnessed the event on television.
Just as Ron expected, the public was shocked by the grand wedding and was in an uproar.
Anyone who is not a fool knows that this wedding will be extremely expensive.
Although according to Indian customs, it is the woman who arranges the wedding, Jayalalithaa's halo is too great.
Especially her behavior at the time, with chariot parades and temple speeches, it became her personal political show.
People don't believe that she didn't pay for her godson's wedding.
So the question is, when Jayalalithaa took office in 1991, she announced in a high-profile manner that she would only receive a salary of one rupee.
Logically speaking, she wouldn't have accumulated any wealth, so what's the story behind this wedding?
The public began to doubt, and the media fanned the flames.
The matter started to ferment at the end of last year, and Jayalalithaa's public relations tactics were a mess at that time.
Not only did they fail to suppress the matter, but they exposed more evidence.
This directly caused her image to collapse and her popularity among the public plummeted.
If you walk on the streets of Madras today, you will see that the worship of "Ama" has quietly disappeared.
Those posters, souvenir stalls, and shops with her portrait were removed or replaced.
Under such circumstances, it is not surprising that AIADMK won only four seats in the general election.
Now that the DMK is in power, they have almost made it clear that they will use all means to punish her.
During Jayalalithaa's administration, she was too domineering and too high-profile, and the DMK was suppressed and could not raise its head.
The offensive and defensive situations are different now, it’s tit-for-tat.
When Ron rushed to Madras, it was already July and Jayalalithaa was ordered not to leave the country.
"Ron!" Kaavia looked panicked.
"Don't worry, dear, it's not that bad yet."
"This time it's different, I can feel it." Kavya held his arm tightly.
"Where's your aunt?" Ron asked.
"There were police officers guarding her residence, and her every move was being watched."
"You can't get in either?" Ron frowned.
“Yes, but not every day.”
"Good, at least we can make some preparations."
"Ron, what are you going to do?"
"Give this to her," Ron handed over a document. "Tell her I've already paid the $10 million for the port bid. Everyone must speak with one voice."
"Okay, I'll go now."
"Wait, ask her if there are any other important matters. I will do my best to handle them."
"My dear, you are a savior!"
Kaavia left in a hurry, while Ron was thinking about the next arrangements.
There is no doubt that the 10 million US dollars in the original winning bid for the port was a big loophole, and this account can definitely be found out if someone wants to check it.
Now is the time to remedy the situation while Jayalalithaa has not yet been charged with a crime.
Ten million dollars and four hundred million rupees are just a drop in the bucket for Ron.
There is no need to fight for such a small amount of money. If it is discovered, Jayalalithaa will be in bigger trouble.
Fortunately, the Tamil High Court has not yet accepted the case and the rival DMK is only collecting evidence.
It happened that the two major parties were in the process of power transfer, and some of Jayalalithaa's ministers were still in office.
As soon as Ron received the call, he contacted the Tamil State Department of Commerce and the account was settled.
His worst plan is to clear himself first, and he can do nothing to help with struggles in other political fields.
This is not because he is selfish, but because it is good for everyone.
He not only owns the Sur Electrical Factory in Tamil Nadu, but also a port business, and most of the construction projects are completed.
If the DMK finds any evidence against us, the losses will be huge.
Ron has invested tens of billions of rupees in the business here.
He guessed that DMK would never give up this opportunity, and factories and ports would definitely be their key targets for inspection.
Kavya left in a hurry and came back in a hurry.
"Ron, Auntie said you acted promptly. But she asked me to remind you not to forget about the TV."
"TV set?"
"It was the batch she bought for the wedding. She was worried that DKM would use that as a pretext for trouble."
"Why?" Ron asked puzzled.
"The price, the price of that purchase was a bit high."
"No, Kavya, are you mistaken? Sur TV sets were the cheapest brand at the time."
"Ron, things are a little complicated." Kavia sighed, "It's that Durham."
"Adopted son?"
"Yes, the invoice he gave to the Ministry of Finance shows that the TVs cost 18,000 rupees each."
"Wait, 18,000 rupees?" Ron was stunned. "He made 3,000 rupees in kickbacks for each machine?"
"Yes, my aunt also just found out about it. You know, she dotes on him, and the people below didn't report it at the time."
Ron was stunned. This adopted son of Lao Shenzi was acting as a middleman to make a profit from the price difference?
He had quoted Jayalalithaa the market price for the 50,000 television sets, which was around 15,000 rupees per set.
This price is cheaper than other brands even without discounts. Similar products are mostly priced around 17,000 to 18,000 rupees.
That Durham is really good. He raised the price of Sur TV by one-fifth. After the price increase, it is even more expensive than some joint venture TVs!
Then he took a kickback of 150 million rupees for the sale of 50,000 television sets.
This guy always does some crazy things.
"Kavya, things are a little troublesome."
"What's wrong?"
"The purchase price is significantly higher than the market price. The DMK people have every reason to say that your aunt took a kickback. There's insider trading going on here, and maybe Sur Electric will be implicated as well."
"Ron, will you also be investigated?" Kavia was anxious.
Having an aunt is troublesome enough, you can’t let your man get involved as well.
"Don't panic, Suer Electric still has a balance here."
"The bottom line? Ron, you mean..."
"The invoice issued by Sur Electric was for 15,000 rupees, and we have bank transfer records. If nothing else, I can only hand over the accounts to the court."
Ron's meaning was simple: the purchase price offered by Sur Electric was fine, and there was no insider trading.
That was all Dharam's personal operation and had nothing to do with Sur Electric or even Jayalalithaa.
The decision depends entirely on what "Ama" means.
"That's it!" Kavya made plans immediately. "It's all because of that Dadam's greed. He should be held responsible for this."
She sold her aunt's adopted son without hesitation. He was just an outsider, how could he compare to her own man?
"I'll prepare the accounts. Find a chance to talk to your aunt. Tell her to think clearly that Dam is only after her money. He's deceived everyone in this matter."
"I'll convince her. Auntie knows what to do."
Alas, Ron was also worried about this matter.
However, at present, there are basically countermeasures for any trouble that may involve him.
Again, he must first clear himself of the blame, and then do the rest according to his ability.
While they were busy cleaning up their mess, the DMK was also busy, and the other side completed the power transfer in the shortest time.
Most of the ministers under Jayalalithaa were kicked out of office, and the DMK took full control of Tamil Nadu.
In August, after collecting sufficient evidence, the DMK formally filed a lawsuit against Jayalalithaa and her team in court.
They filed a total of 48 charges, listing all insider trading activities committed by Jayalalithaa from the time she came to power in 1991 to the time she left office in 1996.
There were large-scale purchases of real estate, acquisitions of properties that were disproportionate to known sources of income, and the use of nepotism to benefit certain businessmen.
There was also the selling of state-owned resources at a low price. Jayalalithaa used white gloves to take over a small company under the Tamil Nadu industrial sector.
The company's land, buildings, and equipment were valued at over 600 million rupees, but the final transaction price was only a few million.
There were also serious problems with the imported coal she approved, which directly led to a loss of more than 700 million rupees for the state coal company.
In addition, she took kickbacks in many land transactions and made more than 400 million rupees from this business alone.
Tamil Minerals Ltd also gave her money, about 300 million rupees, in order to acquire a granite mine at a low price.
There are even more other small things like relaxing policies for hotels that violate regulations.
Madras stipulates that buildings cannot exceed two stories, but as a result, there are seven- or eight-story hotels everywhere, making the regulations meaningless.
Of course, these accusations include questions about Sur Electric and the port.
Basically, it is about acquiring land at low prices and insider trading in port auctions.
There was also the television procurement case that Jayalali was worried about, and DMK did not let it go.
Ron's name inevitably appeared in Tamil newspapers, and many reporters were interested in him, such as Malan's Poom TV station.
He actually wanted to interview Ron to discuss whether the allegations in the newspaper were true.
Tsk, this guy is good at throwing stones at others.
It is said that Poom TV has also reached an agreement with the Tamil judiciary and will report Jayalalithaa's case in full.
Ron suspected that Malan did it on purpose, after all, his aunt had once competed with Jayalalithaa for his uncle's political legacy.
As a member of his aunt's family, he had reason to want Jayalalithaa to fall.
The most important thing is that this incident is sensational enough and will be of great benefit to Poom TV. It may be able to expand smoothly to other parts of South India.
Ron plans to suspend the cooperation between Sur Electric and Poom TV to let him sober up.
As for the two accusations made by DMK against him, Ron was not worried at all.
Land at a low price? Are you kidding? It's not a low price, it's free, okay?
But do you think that Suer Electric was the only company to benefit from this policy? BMW, Daimler, Renault, Nissan, Mitsubishi, Wright, Hyundai Motor, and Yamaha all didn't spend a penny on land!
This is about attracting investment, Ron said confidently.
As for the port and television procurement projects, he is also not inferior to them.
But at this time, people's attention is on Jayalali, and the allegations against her property are the most eye-catching.
(End of this chapter)
Continue read on readnovelmtl.com
