Posts Tagged ‘Harshad Mehta’

‘Dubai is a haven of information for journalists’

28 April 2010

Dubai is a recurring theme in the ongoing tragicomedy in the Indian Premier League (IPL).

Shashi Tharoor, who has to give up his ministership, was a consultant with a Dubai firm before taking the plunge in electoral politics. His close friend Sunanda Pushkar lives there. The new head of the Cochin IPL franchise Harshad Mehta is a resident of the city. Etc.

Plus, there are is the betting and matchfixing angle with a Dubai edge.

K.P. Nayar explains in The Telegraph, Calcutta:

“For a journalist with a ‘nose’ for information, Dubai is one of the most open places in the world. Once a newsman has won the trust of an Arab, howsoever sensitive his position may be, he will share information with you which will be wrapped in multiple layers of secrecy in most other countries.

“In my decade-long experience in Dubai, people share information with trusted journalists in the full knowledge that it will not be written about — until after decades, as in the case of this narrative. Unless, of course, the journalist is seeking a one-way plane ticket out of the Emirate.”

Read the full article: The edge of a precipice

Photograph: courtesy Follow the money

Sucheta Dalal in public row on private treaties

29 June 2008

The true depth of an employer-employee relationship is never quite revealed during the course of the latter’s employment, generally speaking. It is only after the two have parted ways, when the two parties take their gloves off and shadow-box each other, does it become clear whether it was good cohabitation or a charade.

India’s bestknown business investigative journalist, Sucheta Dalal, left India’s largest English daily, The Times of India, several years ago, after a nine-year stint during which she also played a stellar role in unravelling the securities scam involving the now deceased Harshad Mehta.

Since her departure from the paper, Dalal has moved to other things, writing columns and books, setting up a magazine. In recent times, she has played an important role in exposing the “private treaties” of her former employer that has eaten into the vitals of media ethics in boom-time.

Now, ToI has hit back, below the belt.

In an interview with Nikhil Pahwa‘s newly launched medianama, S. Sivakumar, the CEO-designate of ToI’s private treaties division, is asked about a November 2007 letter from Economic Times editor Rahul Joshi that Dalal quoted in an article, that firmly established how the private treaties were casting a dark shadow over the group’s editorial sanctity.

Sivakumar’s response:

“Because you have an agenda. You know Sucheta was working with us… I don’t know whether you know it or not, but she was working with us and I didn’t want to talk abot the Harshad Mehta scam, since you are recording, I didn’t want to go on aboUt that. There’s a lot of background, and under what circumstances she left the organisation.” (emphasis added)

The defamatory insinuation has justly got Dalal (who was given the Femina Woman of Substance award for the expose) fuming.

In response, she writes back:

“I have a letter from the company to say “we treasure” your association with us when I left the Times of India. Do they hand out such letters to all and sundry? It may also interest people to know that Ashok Jain, the late Chairman of the Times Group, had asked me to draft a Code of Ethics for journalists—maybe that too was part of their poor judgement.”

Warned of “recourse”, Sivakumar has sent a clarification:

“As a policy we never comment on any of our employees either currently  working with us or had worked with us in the past…. We as an organisation respect all journalists.”

Sivakumar’s offensive comments have been struck through, and comments disallowed for the piece.

Read the full exchange: ‘There are two currencies for advertising: cash and treaties’

Also read: Forget the news, you can’t trust the ads either

‘The first casualty of a cosy deal is credibility’

‘Indian media in deeply murky ethical territory’

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