May 22, 2015
https://www.facebook.com/mehtarahulc/posts/10152788431596922
Duplication of loans
.
On page 852 of the High Court order, Judge Kumaraswamy has put in place a tabular column showing a list of 10 loans, which, he argues, would constitute additional income, automatically bringing down the total amount of disproportionate income in Jayalalithaa’s case. He then adjusts the sum assessed as income by the prosecution and arrives at a new figure.
.
Out of the 10 loans, the first one, a loan to Jaya Publications from Indian Bank to the tune of Rs 1.5 crore is clearly shown to have been repaid in full, in the corresponding Page 294 of the trial court order and has been accepted as legitimate expenditure by the lower court. Therefore, it is already factored in.
.
Of the other nine loans listed, seven of these have already been taken into account by the prosecution. In fact, the trial court order, on pages 126 to 139, delves in detail into each individual loan taken by the defendants and accepts them either completely or partially with reasons.
.
http://thewire.in/…/more-than-bad-maths-four-big-errors-th…/
https://www.facebook.com/mehtarahulc/posts/10152788431596922
Duplication of loans
.
On page 852 of the High Court order, Judge Kumaraswamy has put in place a tabular column showing a list of 10 loans, which, he argues, would constitute additional income, automatically bringing down the total amount of disproportionate income in Jayalalithaa’s case. He then adjusts the sum assessed as income by the prosecution and arrives at a new figure.
.
Out of the 10 loans, the first one, a loan to Jaya Publications from Indian Bank to the tune of Rs 1.5 crore is clearly shown to have been repaid in full, in the corresponding Page 294 of the trial court order and has been accepted as legitimate expenditure by the lower court. Therefore, it is already factored in.
.
Of the other nine loans listed, seven of these have already been taken into account by the prosecution. In fact, the trial court order, on pages 126 to 139, delves in detail into each individual loan taken by the defendants and accepts them either completely or partially with reasons.
.
http://thewire.in/…/more-than-bad-maths-four-big-errors-th…/
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