Sunday, February 7, 2016

Re: [IAC#RG] LODHA Committee report on cricket

Dear Sir
 I am not for allowing betting in cricket. But practically can it be enforced.? Only where the police benefits An answer is a BIG NO so best bet is to legalize it though regulate the same on and off the field - a big task indeed. It will then become a regulated Satta Bazaar and the players and broadcasters and organisers will become its tools..So we will then need to have a social regulator like SEBI
Vijoy Ambasta

On 7 February 2016 at 07:32, Nakul stud <nakulstud@gmail.com> wrote:
The Lodha Commission Report, The Supreme Court directions on 5.2.2016, Times of India report,below, on the good work of our NSA, Ajit Doval, ALL POINT THAT THE BALL IS IN THE FINANCE MINISTRIES, COURT.
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Times of India report:-
NEW DELHI: National security advisor Ajit Doval has a strategy to weaken Dawood Ibrahim and his syndicate. The plan is to identify D-Company's offshore assets and get them frozen, sources say.

IB and RAW teams have begun identifying assets D-Company owns globally. Most of these are in Dubai and Africa, investigations show. This will need extensive use of the global intelligence network, as most assets are benami. Some are in Dawood's daughter and son-in-law's names.

Doval's Dawood dossier lists firms like Dubai's Oasis Oil and Lube LCC, Al-Noor Diamonds and Oasis Power LCC, allegedly owned by Dawood. Other firms include Dolphin Constructions, East West Airlines (now defunct), King Video, Dubai, Moin Garments, Dubai and others.

The dossier names one Feroze as a key syndicate member handling the Dubai operations. "Feroze handles Oasis oil and Lube LCC and is often addressed as Feroze Oasis. He's South Indian, speaks Tamil, Arab, English and Hindi. Feroze handles Al Noor diamonds too," it says.

Most of the syndicate's operations are in India, it says and highlights Dawood's role in the 2008 Mumbai blasts. The dossier details the syndicate's smuggling links in south Asia, Africa and Middle East shared with al-Qaida.

"Dawood has close links with al-Qaida as a result of which the US declared him a 'global terrorist' in 2003 and pursued the matter with the UN to freeze his assets. Dawood controls the hawala system. His syndicate has consistently aimed to destabilize India through riots, terrorism and civil disobedience," it reads.

The dossier quotes a US treasury department report citing D-Company's involvement in shipping narcotics to the UK and Western Europe. "The US has designated Dawood as a terrorist... and maintains a factsheet on him," it says. The US treasury department has details on his movements through Afghanistan in the late '90s under Taliban protection.

The dossier lists one Javed Chutani, alias Doctor, as Dawood's man handling operations in Dubai. "He's a bookie with interests in real estate and his gambling book is in the name of Kamran. Chutani is a bridge between one Tariq Dubai and Dawood," the dossier claims.

The file says Dawood's cash comes from drug trade; fake currency racket, realty and money laundering. Agencies feel once they have control over Dawood's offshore assets, "it'll break the security cordon around him. Once that goes, getting him will be a cakewalk," an officer said.
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ACTION PLAN :-
Subject: END UNDERWORLD AND THROUGH THEM THE DANGEROUS TERROR NETWORK !
Dear Sir,
Human beings are gamblers by nature.
The reader of this piece gambles every time he or she crosses a road – one gambles that one will make it safely before being decapitated by that onrushing vehicle visible in the distance. When such a gamble goes wrong (i.e. misjudgment of the oncoming object's velocity), the result is an accident.

Every time anyone eat a prawn, enters a building, plants a crop, takes a medicine, sits in an aircraft, they gamble that the outcome is a favourable one.  They wager that the prawn is free from E. Coli, that no earthquake occurs while you are in a building, that Monsoon rains are timely, that the medicine you have ingested is not spurious, that the airplane lands safely.
Given the observed frequency with which such "gambles" succeed, almost invariably we get away unscathed. Except, of course, very unfortunate few.

Insurance is a gamble. The insurance companies are betting that we are going to live and employ an army of actuaries to calculate the odds; we are betting that we are going to die prematurely; and we pay them for the privilege of thinking so.

In such a situation, one has to wonder about the social stigma against wagering on sport in India. 

 Until the conduct of players like Hansie Cronje, Manoj Prabhakar, Mohammad Asif, Sreesanth, etc., came under the microscope, cricket was regarded as being lily-white clean, despite the knowledge of widespread under-the-table wagering and match-fixing. 

Accurate estimates are of course impossible, but anecdotal estimates suggest cricket wagering in India runs into thousands of crores. And potential revenue from this source seeps unchecked into the UNDERWORLD AND THROUGH THEM TO THE DANGEROUS TERROR NETWORK !

Similarly, "day trading" at the bourses is considered to be "investment" despite the fact that it more closely resembles gambling.
What cannot be cured must be endured, and if the Central and State Governments think that betting on cricket, football, tennis, etc., can be eliminated by mere administrative fiat, they are indulging in the sort of fantasies that have bedevilled the country's polity for decades under earlier administrations.

It is far better, then,to regulate wagering on all sports by e-governance by establishment of a nation-wide Totalisator to legally pool betting and distribute dividends.
It may not be a perfect example, but if one city in CHINA – Hong Kong – can generate a turnover of HK$103.9 billion (US$13.4 billion ) in 2013-14 from horse racing alone, the scope of revenue from legal sports betting on E-governance Totalisators, can well be imagined. 

Indisputably a country of 1.2 billion people with 7 times the GDP of Hong Kong can do 7 times better by collecting Rs1,09,200/-crores in taxes* paid wilfully annually.

Good plan to reduce the nagging fiscal deficit of the Government of India. No archaic "principles" should prevent tapping this rich source?

Of course, like in Hong Kong, betting tax needs to be applied sensibly: a low "take-out" and exemption of wagering dividends – like those from equity shares – from income tax are pre- requisites. 
A low "take-out" will make it impossible for illegal dangerous networks to exist.

Wagering revenue from sports will thereby accrue to the state and to conductors of sport, both rightful recipients of funds, wilfully* and voluntarily*, offered by citizens from their discretionary incomes

The generation and distribution of "black money" by the vast illegal network will end.

Revenue apart, there is a strong security imperative to end illegal wagering in India. It will end evils like performance-altering inducements or threats, money-laundering, etc.!

Before anyone even hints that permitting legal wagering will drown India in a moral morass, consider that in England one can legally wager on elections, whether your just-born child will win Wimbledon in 2036, whether it will snow on Christmas Day, whether a man will walk on Mars before 2020, and any other weird or amusing happenstance that tickles your fancy. Legalization of such wagering has not made Great Britain debauched – though many would argue that in the absence of e-governance on Totalisers, bookmakers there have profited more than the Government!

Such an admittedly drastic change in attitudes towards legal wagering in India on all chance occurrences will require the exhibition of a degree of dynamism that was not evident in the previous dispensation. 

Are the current authorities, those in a position to fulfil the aspirations of the Indian people and bring them Achhe Din, up to it?

Regards, Pawan Bhatia.

On 30-Jan-2016, at 7:32 pm, truevalue_pandian (via indiaresists Mailing List) <indiaresists@lists.riseup.net> wrote:

How can legalising prevent fixing? Imagine this move destroying the morality of the society and ruin the finances of the gullible. Don't even think of it. Regards

Rina Mukherji <rina.mukherji@gmail.com> wrote:

Government line or not, legalising betting will prevent the murkiness that has crept in to our sports. And pray, what is wrong with that, when you can have government lotteries, lifting of prohibition and the like.  Remember, we have government -run liquor shops too.

The latter have prevented deaths from drinking illicit liquor!

Dr Rina Mukherji

Kolkata

On Tue, Jan 5, 2016 at 5:55 AM, Prakash Katoch <prakashkatoch7@gmail.com> wrote:
Very simple - Lodha always toed the government line. This joker presided over the Gen VK Singh case !

On Mon, Jan 4, 2016 at 8:45 PM, Sarbajit Roy <sroy.mb@gmail.com> wrote:
After reading the Lodha Committee report on Indian cricket my initial comments :-

https://lodhacommittee.wordpress.com/

1) How was this person (Justice (retd) RM Lodha)) ever elevated to SC, going on to become CJI ?

2) It seems there is more "fixing" in these kind of retired judges reports than in the BCCI. {Cure being worse than the disease)

3) Saying that betting must be legalised is like saying sale of narcotics should also be legalised. Very conveniently Justice (?) Lodha recommends that this legalised betting industry should be regulated by retired High Court judges.[Presumably one mafia will smoothly replace another]

IAC wonders what is more dangerous for the nation, puffed up retired interfering duffers like Ajit Doval who bungle our security to score brownie points or such retired judges ?

Sarbajit

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