This is the kind of leaders we have. They are a disgrace on our country.

Will they ever be booked? They were rewarded in 2004 and again in 2009. 

It makes for good reading though... 

National Herald case in a nut shell.

National herald (NH) was started during 1930s by nehru and was a publishing news paper.

In 2000s it went into loss and had 90crs debt.
NH's directors Sonia, Rahul and Motilal Vohra decided to sell it to Young India Ltd.

Now the funny part.

Young India's directors were Sonia, Rahul, Oscar Fernandez and Motilal Vohra. 

The deal was that young India would  clear NH's 90cr loan and in return get assets worth 5000 cr.
To strike this deal Motilal Vohra spoke to Motilal Vohra bcoz he was director of both companies.

Now comes the twist.

To clear the 90 cr debt, young India asks Congress party to give a loan of 90 cr. So congress calls a meeting; party president, VP, gen sec, treasurer attend it. 

So congress treasurer Vohra, gives loan to Young India, its director Vohra takes it and gives it to NH director Vohra.

Hold on; the fun doesn't stop here.

Next day the congress party calls a meeting. Who attends it ??

So 90cr loan is written off.

Great. Young India with 36% share held be Sonia and Rahul each , rest owned by Oscar and Vohra gets property worth 5000cr, including 11 stories flat at Bahadur Shah Zafar Marg in Delhi, which is rented out to passport office and other offices.

Wow  this is what is called wealth creation. Creating everything out of nothing. 5000crs out of thin air!!!!