He was famously called 'Mamata's Billionaire' by a news magazine.
Others called him 'Mamata's Moneybag'.
He used to fly in the sky only in private jets and drove around in snazzy, customised cars on land. (Incidentally, the car designer was arrested recently in an unrelated case)
Others called him 'Mamata's Moneybag'.
He used to fly in the sky only in private jets and drove around in snazzy, customised cars on land. (Incidentally, the car designer was arrested recently in an unrelated case)
The family loves cars...really, really digs a fancy set of wheels!
Chandigarh residents would recognise the car in the images below - the super high-end 2008 Arancio Atlas (Pearl Orange) Lamborghini Murcielago LP640 coupe.
Chandigarh residents would recognise the car in the images below - the super high-end 2008 Arancio Atlas (Pearl Orange) Lamborghini Murcielago LP640 coupe.
It is not just cars.
The family has interests in many businesses incl healthcare, pharma, a republic of chicken shops, townships, infrastructure, tea estates.
But no biz got it as much money (and infamy) as Chit Funds.
The flagship is publicly listed but the share has languished.
The family has interests in many businesses incl healthcare, pharma, a republic of chicken shops, townships, infrastructure, tea estates.
But no biz got it as much money (and infamy) as Chit Funds.
The flagship is publicly listed but the share has languished.
But let's dwell a bit on the family hotel business.
It owns 10 different ultra-chic hotel properties in the 76-sq.km island of Santorini in the Aegean Sea, Greece.
(Don't ask me where that is! Contact some politicians, who have lived it up there in the past.)
It owns 10 different ultra-chic hotel properties in the 76-sq.km island of Santorini in the Aegean Sea, Greece.
(Don't ask me where that is! Contact some politicians, who have lived it up there in the past.)
There is another family hotel, one that hosted a lavish wedding of a son. It is somewhere in Atlanta, USA.
Guests who were flown from all over India marveled at its grandeur!
The Delhi reception was attended by the high & mighty of Lutyens.
(For more info, pls contact the guests)
Guests who were flown from all over India marveled at its grandeur!
The Delhi reception was attended by the high & mighty of Lutyens.
(For more info, pls contact the guests)
Politics happened via the JMM and the Trinamool
The laundromat was operated via a chit-fund
He is said to have a streak of vengeance
Some people claim he got a sting operation done on the TMC, the very party that had made him a MP!
(Mamata later on regretted giving him a ticket)
The laundromat was operated via a chit-fund
He is said to have a streak of vengeance
Some people claim he got a sting operation done on the TMC, the very party that had made him a MP!
(Mamata later on regretted giving him a ticket)
Today, many years and hundreds of laundered crores later, the Alchemist has finally lost his golden touch.
The wheels of justice grind slow in India.
They run flat sometimes....but they do move.
Even snails sometimes win the race.
The wheels of justice grind slow in India.
They run flat sometimes....but they do move.
Even snails sometimes win the race.
As a postscript to this thread, some more pictures from that 2014 wedding album.
(Meanwhile, ED officials have begun grilling the alchemist, who is allegedly not cooperating with the probe. The sleuths are chasing the ultimate beneficiaries of the alleged Rs 1900 Cr Ponzi scam.)
(Meanwhile, ED officials have begun grilling the alchemist, who is allegedly not cooperating with the probe. The sleuths are chasing the ultimate beneficiaries of the alleged Rs 1900 Cr Ponzi scam.)
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