For as long as I can remember now senior panelists in Speak Asia have been steadfastly pointing to the Solomon James writ 383 and insisting it will decide the fate of Speak Asia on all fronts.
Given that the Solomon James writ 383 case lodged in the Supreme Court is a civil case revolving around the recovery of money from Speak Asia, I myself have maintained that there is little chance it will have any bearing on the criminal investigations into the company.
This is evidenced by Speak Asia’s (and their sidekicks over at AISPA) multiple cases lodged in a number of courts trying to squash FIRs lodged against the company. The company and their legal team seem to be of the belief that by quashing FIRs against the company will somehow negate the criminal liability of running what has been described as the largest MLM fraud India has ever seen.
A few days ago, one such case originally launched by AISPA (now the Crasto writ 3611), took an interesting turn in that one of the named defendants, Navniit Kkhosla, informed the court he’d received his lost money and in light of this ‘does not wish to pursue the complaint (any further)‘.
As usual, the one-sided biased story put out by Speak Asia, AISPA and their senior panelists was that the FIR had been withdrawn and that a significant obstacle had been overcome.
When the order of the March 15th writ 3611 case was made public an hour or so ago however, not surprisingly it painted an entirely different picture. [Read the rest of this entry...]