Updates-22/08/11

At this point of time its a very good thing that we the 20 Lakh panelists of Speak Asia have formed an association named "Speak Asia Panelists Association" which is representing our case in judiciary, government and various concerned institutions. Please go through the following updates from the Secretary of our association:


When Will the Payouts Start?
This is a million dollar question and I am sure almost all the panelists including me are eagerly waiting for the payments to restart. I wish to draw your attention to the fact that the company has been approaching the RBI on various occasions but the pleas have fallen on deaf ears and the required permissions have not come through. Our Global CEO Ms. Haren Kaur has written to RBI once again on 19th August, 2011 and we again await some positive response.
I wish to draw your attention to The PIL filed by your Association before the Hon. High Court at Mumbai wherein one of the main prayers is that the RBI be instructed to withdraw the circular issued by them to all banks cautioning the banks against speakasia. It is also prayed that the company be allowed to pay out over 200000 Speak Asians whose requests are pending for payment.
In summation I wish to submit that come Wednesday 24th August, 2011 this question will be better answered once the Hon. High Court has heard the PIL.


When will the Surveys restart?
We are all aware that the servers of the company are being investigated by the EOW. This is the reason why the portal is not fully operational.
As soon as the EOW finishes the investigation they will hand over the portal back to SAOL and the surveys and the EXIT option will be activated.
The PIL of your Association pleads before the Hon. High Court to fix a time frame for the authorities to complete investigations of the company.
Once again this question will be clarified after the hearing of the PIL.


When will the PE be established?
This question will also be answered after the hearing of the PIL filed by your Association on Wednesday i.e. the 24th August, 2011.


Where is our CEO Mr. Manoj Kumar and our Global CEO Ms. Haren Kaur?
Friends both of them are safe and sound and monitoring the entire defence operation in all probabilities. I am sure they have not returned to India on the advice of their Legal counsel.
We should be hearing from them soon. Maybe they are waiting for things to get clarified in the
matter of Tarak Sahibs detention matter.


Why is our COO Mr. Tarak Bajpai being arrested again and again?
Mr. Tarak Bajpai was first arrested on 29th July, 2011 under the FIR resulting out of the order passed by the Hon. High Court in the criminal PIL filed sometime in July 2011. After serving the mandatory 14 days remand Mr. Bajpai was finally released on Bail Yesterday i.e. 20th August, 2011.
Once Mr. Tarak Bajpai was a free man he was once again arrested in yet another FIR filed at Mira
Road by the EOW Bhayander.
To counter this menace of multiple complaints in, if at all, one crime against SAOL the company management is in a huddle with their legal team.
On enquiries, SAOL have assured us that they will soon find a remedy to this, and put a stop to this menace which is becoming a huge irritant in the way of getting final release of our COO Mr. Tarak Bajpai.
Friends, fellow Speakasians we have to understand the gravity of the situation and assess the situation that we are currently in REALISTICALLY.
The matter is in the hands of various Govt. Agencies and they will work at their own speed, maybe purposely at a snail’s speed. This is why we introduced the PIL to speeden them up.
We have no choice but to be UNITED & PATIENT. This is the ONLY way we will WIN.
On a positive note I would like to inform you that Mrs. Renu Sharma wife of our CEO Mr. Manoj Kumar Sharma, was released from detention without being arrested, yesterday itself, because they could not find any reason or case against her,
which in itself is a huge testimony to the fact that the EOW has not got any substantial material against SAOL.

SAOL LAWYERS TO MOVE TO SUPREME COURT ON 23 AUGUST



Firstly all speakasians were shocked by the news,about mira road eow taking again for statement,as you all know they were already wating for them to get out,and it was planned,so today our adovcate Mr Abad Ponda(THOUGH HE WAS ON A HOLIDAY BUT HE CAME BACK).His feared that this custody could happen but he hoped for best,but he came  with his assitant had reached the court on time now the complain by mira road guy was not on speakasia, let me explain iu how it was, he had filed complain against the person who had joined him in saol , i.e, he had filed fir against the person who told him the plan (HIS UPLINE) is so called the person who represented him about saol , so he complain against j*** not saol , so we dont have to worry about this , this complain is not on saolnow our advocate told the migestrate that , the same type of case hads already been rejected by quilla court , so the point is, now we cant have same type of complaints from diffrent people , , our advocate told we are ready to pay the amount to the accused , let the RBi start the regulations and derfreeze the account. IT MAY BE POSSIBLE THAT ON WEDNESDAY THEY ARE SENT TO JUDICIAL CUSTODY THEN THEY GET A BAIL FINALLY ON 26TH
BUT TO STOP FURTHER HARRESMENT OF OUR OFFICIALS
our lawyers are going to supreme court on tuesday for everthing …according to me tarak sir and all will be send to judicial custody on wed for two days and then he will get bail and yaa in the mean time our lawyers will try there best to get a stay from supreme court on all further arrest and get a final verdict once and for all OUR CASE IS STRONG
1) ED HAS DONE ITS INQUIRY
2)EOW HAS DONE ITS INQUIRY
3)ROC HAS DONE ITS INQUIRY
4)RBI NOT LISTENING
5)LOTS OF PIL IN DIFFERENT PLACESNO AUTHURITY IS ENTERTAINING OUR PLEA DESPITE OF OUR GLOBAL CEO HAREN KAUR WRITTING MANY TIMES…
SO SUPREME COURT CAN ONLY GIVE THE FINAL VERDICT WHICH IS THE TOP MIST COURT OF LAW.


Souce:- speakindiaonline.com

Watch this video....



This is a clipping form the movie 'GURU'.

speak asia's letter to RBI


SpeakAsia's CEO's family detained at Delhi airport

Todays’ news is a really bad one regarding the detainment of CEO’s family. The only reason is at any cost EOW want CEO Mr. Manoj Kumar back to India, so that they can arrest him and delay SAOL business. Court never said that EOW cannot investigate Speak Asia issue. Eventhough Mr. Tarak got bail, court favoured EOW also. That’s why Tarak and others have to report to EOW on every tuesday and thursday for 2 months. Court also put the condition that COO and others should not go out of this country and their passport is with police. This is also due to the request of EOW. Guys one thing is sure government agencies are planning to stop SAOL business by any means. This is cheap politics.
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