Shell institutions about to be exposed
So, the Satyam press conference was a sham. Ignorance was the theme. It is hard to believe the interim CEO Mynampati is innocent. The police are about to perform the grand Friday trick. This is how it works – if they want to arrest someone the political class does not like – they will arrest them on a Friday. So the person arrested will have to spend two days in jail before a magistrate can hear the bail plea on Monday. If they want to protect someone, they will wait till Friday and then claim that nothing can happen till Monday. This gives them ample room to get themselves admitted to a luxury private hospital (KS Raju is still in hospital after three weeks) or to make a quick exit.
But that is not surprising, we already know the Police institution is completely servile to the political class (mostly wealthy landlords). We already know the court system is approaching irrelevance (A 5-judge bench pronounced that they would not subject political action to strict scrutiny. They did not clarify if baby-scrutiny is on the table). Anyone notice lately the courts do not make the news at all. We Indians have added another elephant to the herd already in the room.
Despite the cynicism, I am certain the investigators will examine the possibility that the money existed and was siphoned off.
Ok, got to go. I need to hunt for petrol for my bike to go to work – all petrol bunks are closed due to nationwide oil truckers strike but I know where to find an “entrepreneur” who sells for 60 Rs/litre.