CNN-IBN
Posted Sunday , May 06, 2007 at 11:05
IN THE NAME OF TRUST: Vedanti Maharaj uses Ram temple Trust for money laundering racket.
CNN-IBN Investigations
New Delhi Thousands of Ram temple believers have put in their trust in this God man. They feel he will realise their vision of a Ram temple.
Cobrapost and CNN-IBN Special Investigation reveals that he is just a common criminal running a very clever money laundering racket.
Meet Vedanti Maharaj - chairman of the Ramjanmabhoomi Trust in Ayodhya. A man who says he has no worldly pursuits but this Godman is lying.
Vedanti Maharaj: What percentage will I get?
CNN-IBN: Whatever you want.
Vedanti Maharaj: No, you need to tell me what I will get. Suppose you convert Rs 5 crore how much would I get?
Vedanti Maharaj has mastered the art of persuasion not just at his Ayodhya rallies, but also behind closed doors.
Vedanti Maharaj: How much will I get?
CNN-IBN:Rs 1.5 crore.
Vedanti Maharaj: Ask for Rs 3 crore instead, and give me Rs 2 crore.
CNN-IBN:No, we need to keep a margin.
Vedanti Maharaj: Alright, you will need to give a discount.
The Baba cheats the government of crore in taxes with impunity.
Maharaj says, "I do not need permission to use my Trust's funds. Let me consult my CA. Come to Ayodhya and I will get everything done there.”
Operating like a master criminal, Vedanti Mahraj launders black money for a commission, by issuing fake bills and receipts through his lesser-known Matri Sewa Trust.
CNN-IBN: Do you head the Ramjanmabhoomi Trust?
Vedanti Maharaj: Yes but if we put your money in the Ramjanambhoomi Trust it can't be recovered.
Vedanti Maharaj s aide: Not a single penny. You will need detailed accounts for that.
Vedanti Maharaj: Because its an international Trust.
CNN-IBN: Ramjanmabhoomi Trust?
Vedanti Maharaj: No the IB and CBI keep a watch on this Trust.
CNN-IBN: But your Trust is free of problems?
Vedanti Maharaj: No I made the Matri Sewa Trust for this purpose.
Using the promise of a Ram Mandir to keep the masses hooked, money laundering and tax evasion is what this man is actually all about.