Tuesday February 19, 2019
Home India Bose was aliv...

Bose was alive in 1948

0
//

By NewsGram Staff Writer

Kolkata: Yet another story unravels from the Netaji files. Freedom fighter Netaji Subash Chandra Bose was “alive” and “somewhere in Manchuria, China” in 1948, one of his trusted aides, Deb Nath Das, had claimed then, according to the declassified files by the West Bengal government.

Among the released dossier, file No. 22 sheds light on intelligence gathered by the Bengal government (office of the deputy commissioner of police), on INA leaders, including Das.

An extract dated August 9, 1948, says: “Deb Nath Das, an ex-INA leader who is actively engaged in anti-Congress propaganda, is preaching in political and party circles that Netaji Subash Chandra Bose is alive and is somewhere in Manchuria, China at present.”

“To rouse the curiosity and even belief of the people, he (Das) says that Netaji told him before the plane-crash that the possibility of a third world war would emerge in the wake of the second world war.”

On August 22, 1945, Tokyo Radio announced the “death” of Netaji Subhas Chandra Bose in an air crash in Formosa (now Taiwan) on August 18, 1945, en route to Japan.

But the crash theory has been rejected by scores of Bose’s followers and admirers and claims of the revolutionary leader resurfacing continue to intrigue and divide Indians over the years.

Adding to the controversy, the extract further states that Das had asserted that in 1948 Bose was keeping tabs on the international as well as national scenario.

“Das adds that Netaji is watching both the international and national situation, vis-A-vis India, to find out as to which among the foreign powers was her friend or enemy. There is a talk that Deb Nath Das may contest the by-election from south Calcutta constituency of the West Bengal Assembly.”

Das, according to a declassified 1948 confidential diary page of the Calcutta police, was known to give “fiery lectures” against the then Indian government.

“Except for the meetings attended or presided over by Das, in which he always gave fiery lectures against the government of India, nothing else could be known of his anti-Congress activities.”

The Bengal government on Friday made public 64 files to help unravel the mystery behind Bose’s disappearance.

Bose, once the Congress president, made contact with the Axis powers during World War II. He formed the Indian National Army in Singapore, with the help of the Japanese, and fought the British Indian Army.

Ex-INA leader Das, was a key member of the provisional government-in-exile formed by Bose in 1943.

(With inputs from IANS)

 

Next Story

Chinese Police Catches Hold of $1.5 Billion Money in Online Lending Scandal

The internet has helped financial platforms attract money from financial novices with little knowledge of the risks involved.

0
China
Chinese policemen watch as depositors from Ezubao gather outside the State Bureau for Letters and Calls Reception Division office in Beijing, Jan. 1, 2016. China's policy ministry says it investigated 380 online lenders following an avalanche of scandals. VOA

Chinese police have investigated 380 online lenders and frozen $1.5 billion in assets following an avalanche of scandals in the huge but lightly regulated industry, the government announced Monday.

Beijing allowed a private finance industry to flourish in order to supply credit to entrepreneurs and households that aren’t served by the state-run banking system. But that threatens to become a liability for the ruling Communist Party after bankruptcies and fraud cases prompted protests and complaints of official indifference to small investors.

The police ministry said it launched the investigation because person-to-person, or P2P, lending was increasingly risky and rife with complaints about fraud, mismanagement and waste.

china
The police ministry said it launched the investigation because person-to-person, or P2P, lending was increasingly risky and rife with complaints about fraud, mismanagement and waste. Pixabay

The ministry gave no details of arrests but said more than 100 executives were being sought by investigators and some had fled abroad. It said authorities seized or froze 10 billion yuan ($1.5 billion) but gave no indication how much might be returned to depositors.

Police say some lenders and investment vehicles were brazenly fraudulent, while others collapsed after inexperienced founders failed to manage risk.

Monday’s statement said P2P lenders were investigated for complaints including wasting money, reporting phony investment plans and using illegal tactics to raise money.

Lending through online platforms grew by triple digits annually until 2017 when regulators tightened controls.

Depositors lent 1.9 trillion yuan ($280 billion) last year, but that was down by 50 percent from 2017, according to the Shenzhen Qiancheng Internet Finance Research Institute.

china
The internet has helped financial platforms attract money from financial novices with little knowledge of the risks involved. Pixabay

The outstanding loan balance stood at 1.2 trillion yuan ($177 billion) at the end of 2018, down 25 percent from a year earlier, according to Diyi Wangdai, a web site that reports on the industry.

P2P lenders are part of a privately run Chinese finance industry the national bank regulator estimated in 2015 had grown to $1.5 trillion.

The internet has helped financial platforms attract money from financial novices with little knowledge of the risks involved.

Many lend to factories and retailers or invest in restaurants, car washes and other businesses. But inexperience and poor risk control means a downturn in business conditions can bankrupt them.

Also Read: Sales of Smart Feature Phones Expected To Be About $28 Billion Over Next Three Years

Finance as a whole has come under tougher scrutiny after a 2015 plunge in stock prices led to accusations of insider trading and other offenses.

In one of China’s biggest financial scams, authorities say depositors lost 50 billion yuan ($7.7 billion) in online lender Ezubo before it was seized by regulators in 2015.

The founder and his brother were sentenced to life in prison in 2017. (VOA)