How I came about writing this book is described below. An astute reader can make his/ her own judgments on why Demo was done. To understand this, we have to go back a few years…
Oz risks 1 million to catch a launderer
Do you know that to catch one of the world’s biggest Money Launderers (ML) in the world, the Australian taxpayer risked $1 million dollars and gave it to the said ML and set up an elaborate sting to catch them in the act? In the course of the way, the sleuths ran into human mules, then couriers to brokers to middlemen – an elaborate thriving network being run from somewhere offshore[1].
Fake Drug Cartel created
How did Memon twins, Altaf Sattar Khanani and his brother Mohammand Javed Khanani manage to become one of the world’s biggest money launderers? Did they work in tandem with Dawood Ibrahim and his D-Company? As money moved seamlessly from Sydney to Dubai to Birmingham to Guernsey (one of the tax havens), a network running to hundreds were faithfully passing money through their hands.
The twins formed Khanani and Kalia International (KKI), a currency trading organization, in 1984. By the 1990s, more foreign currency was passing through KKI than the banking system of Pakistan! By 1997 many governments were looking into KKI’s network but the twins were close to the body politic of Pakistan: civil servants, politicians and army generals. So how is all this related to my book? Wait, I am getting there…
The sting operation resulted in netting Altaf Khanani in Panama. Since then, he has been cooling his heels in a prison in the United States, serving a 68-month prison sentence for money laundering.
What about Javed?
Demonetisation happened on November 8, 2016. Was this in response to a decision by Pakistan to increasing printing fake currency by 300%? In fact, having given a contract to KKI to do the same, did the ISI renege on paying KKI (Javed) when they realized that they were sitting on worthless piles of cash[2]? And to ensure Javed’s silence, did he accidentally push himself from the roof of an under-construction building[3]?
With the unloading of fake currency in Kochi in 2011 to the abovementioned incidents, I had two ends of a story and all I did was connect the dots. Interestingly, a video clip of my book release in the Constitution Club of India on December 26th, 2019 has gone viral and the e-Book (you can buy this today at Amazon for Rs.129) is available at Amazon.in. Happy reading!
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References:
[1] Catching the money man – Feb 5, 2018, ABC News Australia
[2] The clue to demonetisation lies in a suicide in Pakistan – Aug 14, 2018, Zeenews
[3] Javed Khanani dies after falling from building in Karachi, say Police – Dec 4, 2016, Dawn
His first book NDTV Frauds has been published and is an Amazon Bestseller.It ranked second among all eBooks that were self-published in 2017.
His second book, The Gist of GSTN which too is available on Amazon as an e-Book and as a paperback.
His third book, The Rise and Fall of AAP is also available in print version or as an e-Book on Amazon.
His fourth book, C-Company just released to rave reviews and can be bought as a print version or as an e-Book on Amazon.
- Indian Parliament’s Special Session is convened to mark the shifting to new Parliament building - September 3, 2023
- Why did Rajat Sharma of India TV not declare that Adani owns more than 16% shares in his channel? - January 29, 2023
- Prannoy Roy to get Rs.605 crore from Adani as per Stock Exchange filing. Why is Income Tax not acting on Roys’ dues of over Rs.800 crore? - January 4, 2023
Sir, Amazing work. Hearty Congratulation for the superb work. I was awed by your craftsmanship . Please come out with a sequel to this book. So long as we do have people like MaiDa (or is he MyDa?) around, you will not face any crunch in ideas, plots and innovative money laundering ways. Wishing you all the best. Reminded me of the book Gods Own Bankers by Posner.