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Yash, a black sheep of Birla family?

Friday, December 02, 2016

Yash Birla owns properties valued in billions of rupees but one is really surprised that he has cheated investors of their valuable money in financial scams to the tune of Rs 300 crore, for which he has been served with an unbailable warrant by the Economic Offences Wing(EOW). The Birla's are a respected family in our country's history and their contribution in India's freedom struggle and economic development is well know. However, there is a 'Black Sheep' in every family and Yash has been a stigma on the Birla name and his elite lifestyle is responsible for most of his financial mess.

The law should take its own course and Yash should be made to pay for his sins. Our country is under revamp and Prime Minister Modi should see that people with big names and muscle power don't loot small investors whose hard earned money should be returned back to them. Citizens today are struggling to withdraw their own money from banks and industrialists like Yash Birla, Vijay Mallya and Subrata Roy are enjoying an elite lifestyle on public money.

The law on black money in our country is getting strict and right time to plug loopholes in our financial system too so that financial scams and frauds too are checked as well as controlled.

— S.N. Kabra, Goregaon

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