Big Bank Defaulter Jatin Mehta of Winsome Diamonds: Let Off in India, May Be Nailed by UK Courts

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Moneylife News Bites

Moneylife News Bites

Жыл бұрын

Winsome Diamonds was a massive corporate default that burst on the business world sometime in 2013-in the same manner as Gitanjali Gems and Niraav Modi. The three are similar because their companies were huge advertisers and this got them loads of high-profile publicity, until they suddenly vanished, leaving massive defaults on the books of Indian and foreign banks. Watch this week's video as Sucheta Dalal discusses the case of Jatin Mehta and Winsome diamonds.
More read: www.moneylife.in/article/big-...
#winsome #moneylife #suchetadalal
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Пікірлер: 64
@satishkumarkn1164
@satishkumarkn1164 Жыл бұрын
Shocking. The Indian banks have become rotten to the core
@ramyasri6093
@ramyasri6093 Жыл бұрын
Thanks for letting us know madam.. none of the media or other KZfaq channels report such kind of information
@baidyanathbhattacharya886
@baidyanathbhattacharya886 Жыл бұрын
As an ordinary member of the citizens of India with little knowledge, I m feeling that there is nobody to take care of the tax payers money. Sad situation.....
@VijayPawar-sz6gq
@VijayPawar-sz6gq Жыл бұрын
Wonderful information as always... Thanks 🙏
@pallipuramramakrishnaneasw3432
@pallipuramramakrishnaneasw3432 Жыл бұрын
How can the banks sanction such huge loans without adequate security? The bank officers who sanctioned such loans also should be prosecuted for negligence and probably abuse of authority
@ramyasri6093
@ramyasri6093 Жыл бұрын
Such things won't happen in India
@MrSpiritsurf
@MrSpiritsurf Жыл бұрын
Bro. The politicians at the highest level get commission. Bank management is saved by the politicians who have already got a cut.
@GopalYadav-ls8kd
@GopalYadav-ls8kd Жыл бұрын
Thank you for informing the public about such high level frauds. The ordinary Indian will awaken to stop such corruption. Namaste
@dmudeshi
@dmudeshi Жыл бұрын
Excellent detailing and hard work goes into these kind of investigative journalism. I am a big fan of you. You have been bringing out the truth behind all the politics. I only hope that some day we should be able to bring out these truth before the fraudsters run away.
@MoneylifeNewsBites
@MoneylifeNewsBites Жыл бұрын
Thanks a lot... Keep watching...
@jayeshravindranath8500
@jayeshravindranath8500 Жыл бұрын
The biggest challenge is India is the lack of accountability of any one in power. Be it a politician, a bureaucrat, a public sector employee, or a government employee. At best a government employee gets rapped on the knuckles, given a punishment posting for a short while and then life goes back to 'normal'. Till India sheds its highly feudalistic mind set, which leads to crony capitalism and blatant corruption , and gets in a higher level of operative transperancy, there is no hope. Scams of large magnitude will flourish. Jayesh 29Dec22
@bm8292
@bm8292 Жыл бұрын
Thanks madam.
@subaganesh232
@subaganesh232 Жыл бұрын
This jatin Mehta is related to gautham adani brother
@basuh7526
@basuh7526 Жыл бұрын
Sick fellow, mentally damaged
@suhasbhide5773
@suhasbhide5773 Жыл бұрын
Indian defaulters are doing noble work for British economy 😂😂
@cacsashishjainjain3172
@cacsashishjainjain3172 Жыл бұрын
Great
@elizabethmathew7549
@elizabethmathew7549 Жыл бұрын
Great madam
@adarshactivity
@adarshactivity Жыл бұрын
Namo 🙏
@rajulutg2167
@rajulutg2167 Жыл бұрын
To be frank, it is only in case Kingfisher that the banks recovered close to entire money lent, leaving some interest or penalty. None of the other absconders paid back nothing to banks. Serious thought to be given to the antecedents of these defaulters and perhaps we may find some answers.
@basuh7526
@basuh7526 Жыл бұрын
Yes know why Rana kapoor bought painting worth whooping 2 crores from priyanka vadra !!!!!
@Vijaykedia1
@Vijaykedia1 Жыл бұрын
Good work ma'am. Thank you.
@sabajinaik
@sabajinaik Жыл бұрын
My mom (who age 63 years) submitted KYC documents in SBI branch (for pension of my demised father). The bank delayed processing and her check of 2000 INR bounced back and penalty of 500+ INR as imposed on the transaction. She is following this up with the Bank rt now. And here we have a case of Jatin Mehta who siphoned off money of 14 banks and banks are okay with it.
@basuh7526
@basuh7526 Жыл бұрын
Jatin mehta is not okay with banks they followed their big boss Dr MouniBaba, it's all open case rana kapoor of yes bank bought painting from priyanka vadra for whooping 2 crores & in return what bank got even dogs know now only Rana kapoor is in jail priyanka vadra should also be in jail, Admin forgets to mention that all banking scams happened during Dr MouniBaba & RRR Period only
@cryvell2109
@cryvell2109 Жыл бұрын
I have a feeling that these winsome guys must be wetting the hands of the double engine mechanics and drivers
@javedsayed1044
@javedsayed1044 Жыл бұрын
Being handicape at the age of 56 years a nationalised bank today denied me Shishu Mudra loan for a home-based hosiery business of meagre Rs.50,000/-,on the pretext that bank officials will not come to visit my residence,though it is a well maintained flat.This happened today.
@basuh7526
@basuh7526 Жыл бұрын
TimPim
@suhasbhide5773
@suhasbhide5773 Жыл бұрын
It seems year 2023 will be disaster for India, your analysis will be very useful
@cryvell2109
@cryvell2109 Жыл бұрын
Vijay Mallya wanted to settle his loans and somehow the banks did not work in that direction correct if I am wrong
@ramyasri6093
@ramyasri6093 Жыл бұрын
Vijay mallya said he will pay only principal amount. By that times the interests which piled up were huge .incl. Expenses incurred by banks
@cryvell2109
@cryvell2109 Жыл бұрын
@@ramyasri6093 do u know how many people paid pennies on the dollar in the 12.0 lakh crores balance sheet cleaning by the banks? at least this guy had contributed a lot to the countrys exchequer in the form of excise and income tax compared to guys like Nirav Modi and others
@basuh7526
@basuh7526 Жыл бұрын
@@cryvell2109 so what be it nirav chanda.... Everything thing will be done as per law
@cryvell2109
@cryvell2109 Жыл бұрын
@@basuh7526 what do u mean by nirav chanda?
@basuh7526
@basuh7526 Жыл бұрын
@@cryvell2109 do u know Nirav ? don't u know chanda kochar? What are doing here?
@vhchowdary9
@vhchowdary9 Жыл бұрын
Above 25 lakhs any karvy news?
@msaseendran683
@msaseendran683 Жыл бұрын
His daughter-in-law is Adani’s niece.
@AmarNath-kw8wc
@AmarNath-kw8wc Жыл бұрын
Maybe much of the loot was invested in Adani group ...no wonder ,no action taken !
@rsmani5792
@rsmani5792 Жыл бұрын
The Mehta family has favoured all the concerned with diamonds, which they can't imagine otherwise. Obviously the matter is sealed fooling the public and the investors right from Suraj Diamonds
@MayaSharma-wc7og
@MayaSharma-wc7og 5 ай бұрын
I know this people they having a blast in London wit all that money!
@vikramdoshi6890
@vikramdoshi6890 Жыл бұрын
Pls throw lights on Adani Group
@rajsub3884
@rajsub3884 Жыл бұрын
For the gujju by the gujju from the gujju .no wonder one community is very rich
@sureshharinathbabu9717
@sureshharinathbabu9717 Жыл бұрын
All relatives of 56
@basuh7526
@basuh7526 Жыл бұрын
Mentally damaged imagines a lot
@rsmani5792
@rsmani5792 Жыл бұрын
Present government has claimed they will bring all the culprits back to India. And everytime they say one or the other thing. And net effect is a Big Zero, which reveals their capabilities, intention and what not.
@basuh7526
@basuh7526 Жыл бұрын
TimPim study things properly from other sources
@ashishvirmani5727
@ashishvirmani5727 Жыл бұрын
I am ardent admirer of money moneylife & of your investigative journalism an episode on incomplete real estate projects where buyers even after paying 95% of sale consideration are running from court to court ( Nclt ,ncalt , Hrera ect.) The amount involve is so huge that it will shock you .please take GREENOPOLIS project in sector 89 gurgaon of orris infrastructure.
@Parasuram5
@Parasuram5 Жыл бұрын
One has starting doubting if this everything about Modi’s honesty is a big mask All projects to Gujarat Biggest beneficiaries of your tax- Gujaratis Biggest loan defaulters- Gujaratis
@ajitd5371
@ajitd5371 Жыл бұрын
👍🏻🌹.. You are right Sucheta. How the awards are fixed and given in India. Yes same way the Noble prize is given. 😂😂
@ramyasri6093
@ramyasri6093 Жыл бұрын
I think nobel prize is still not for sale
@rajsub3884
@rajsub3884 Жыл бұрын
Noble is not given in exchange of money .peace category mostly more political
@ramyasri6093
@ramyasri6093 Жыл бұрын
@@rajsub3884 true. Nobel is given for peace, economics & any field of knowledge i think
@basuh7526
@basuh7526 Жыл бұрын
@@ramyasri6093 peace & economics are the two fields manipulated by west
@basuh7526
@basuh7526 Жыл бұрын
Bloody Admin first explain why all banking scams happened during Dr MouniBaba & RRR period
@jayaramanpr8159
@jayaramanpr8159 Жыл бұрын
What PM Modi says in these matters. As a workaholicPM in India PM Modi is supposed to give answer to Indian Janatha . Whether PM Modi can do something to stop looting of Indian Banks by some crookrd Gujarathis in Mumbai ?
@urbanasshole6926
@urbanasshole6926 Жыл бұрын
Update: Why the CBI filed a closure report & the Indian Bank consortium is not pursuing Jatin Mehta's fraud: Jatin's son Vipul is married to Vinod Adani's daughter Krupa. Ab samjey? Further, an interesting trivia: Suraj Diamonds, the predecessor of Winsome is the 1st Public listed company in BSE
@sureshharinathbabu9717
@sureshharinathbabu9717 Жыл бұрын
He looks a gujju may be friend of 56
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