oppn parties How Priyanka Sold Dad's Painting To Yes Bank

News Snippets

  • NCLT initiates bankruptcy proceedings against former Videocon chairman Venugopal Dhoot for defaulting on loans of Rs 6158cr as personal guarantor in two group companies
  • LIC approves 1:1 bonus share issue
  • Gold and silver futures also go down by 0.7% and 2.2% respectively
  • Stocks tumbled again on Monday as crude prices rose: Sensex went down by 703 points and Nifty by 207 points
  • Supreme Court refuses to cancel the land-for-jobs FIR against Lalu Prasad
  • The spectre of El Nino haunts India: IMD predicts 'below normal ' monsoon this year
  • Labour protest over increase in wages by 35% (as per Haryana example) turns violent in Noida, nearly 200 were detained by the police
  • Congress leader Sonia Gandhi said that the delimitation exercise must be carried out after the Census is complete
  • PM Modi says Parliament is on the verge of creating history as the Houses get ready to take up the women's reservation bills
  • Tata Sons chairman N Chandrasekaran said that TCS COO Aarthi Subramanian is conducting a thorough inquiry to establish facts and identify individuals involved in the sexual harassment allegations at the company's Nashik office
  • Asha Bhonsle laid to rest with full state honours on Monday in Mumbai
  • AAP leader Arvind Kejriwal once again approached the Delhi HC to request the recusal of a judge from his case
  • Candidates Chess: R Vaishali on the verge of creating history, but needs two wins - one with black pieces - against formidable opponents to emerge as the challenger
  • Rohit Sharma, who retired hurt in the match versus RCB, underwent scans for possible hamstring injury
  • IPL: Abhishek Sharma fails for SRH but Ishan Kishan (91) shines. Then, Vaibhav Sooryavanshi fails for RR and SRH bolwers, especially unheralded Praful Hinge (4 for 24) and Sakib Hussain (4 for 24) win it for SRH. This was the first loss for table-toppers RR
Supreme Court questions Election Commission about SIR SOP and why logical discrepancy was introduced only in Bengal
oppn parties
How Priyanka Sold Dad's Painting To Yes Bank

By admin
First publised on 2020-03-12 20:13:57

About the Author

Sunil Garodia By our team of in-house writers.

People are talking about how people with the right connections coerce businessmen, who do not always follow the straight path, to do various things that they would not normally do. The issue is about the painting of Rajiv Gandhi, painted by M F Husain and owned by Priyanka Gandhi Vadra, which was sold to Yes Bank promoter Rana Kapoor for Rs 2 crore. It is being said that Mumbai businessman and Congress leader Milind Deora kept on applying pressure on Kapoor until he agreed to buy it.

People say that if Priyanka Vadra was in need of money, she could have held an auction for the painting. But people say that that would have led to a scandal as a daughter selling her dad's painting, whatever, and however urgent the need be, is something frowned upon in high society. People say that the transaction was done in such a manner that it would have never been exposed had Yes Bank not gone bust.

People also say that if the painting was auctioned, it would not have found a buyer outside the inner circle of the Gandhis or perhaps the chamchas who wanted to get into their good books. Also, almost certainly, it would not have fetched a price beyond Rs 70 lakhs (going by the amounts fetched by Husain's lesser-known paintings at auctions abroad). People say that it was highhandedness on part of the Congress to force a businessman to buy the painting from Priyanka Vadra at such a fancy price.

People are of the opinion that such arm twisting is common and businessmen often say that they have to earn in black only to pay politicians and bureaucrats who raise demands on them. It is a case of what came first, people say, chicken or egg, as the government and bureaucrats are heard saying that they 'fleece' businessmen because they violate the law and evade taxes. But whatever be the reason, people say that such deals are obnoxious and smack of misuse of power. People say that Priyanka Vadra will rightly have to answer a lot of questions now.