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Friday, March 29, 2024

Another Soros clone: Know how billionaire Pierre Omidyar runs ‘philanthropy’ operations in Bharat

Last week CBI busted an illegal FCRA clearance bribe racket consisting of promoters of Omidyar Network India (ONI), brokers, NGOs, and officers in MHA’s FCRA division up to an undersecretary level.

Omidyar is another world’s top influencer like Fords & Soros who don’t just play around at funding some missionary or hawala network, but controls the proxy power at the govt level. For a teaser, e-bay founder & billionaire, Pierre Omidyar has been accused of toppling the pro-Russia Ukraine govt through a violent protest in 2014.

Established in 2004, Omidyar Network has started investing in 2011 in the groups that are opposed to the Ukraine govt, including digital media. All it took 4 years to achieve their goal. Doesn’t the modus operandi look similar in the Indian context?

As I observed, many ppl assume that it is just a few leftist media portals like News Laundry, Scroll and The Ken that are funded by Omidyar. No. As I said Omidyar is a next-level investor, they don’t fund a few direct beneficiaries but a sustainable ecosystem.

Omidyar has invested in 100+ Bharatiya companies, mostly digital start-ups in education, emerging tech, financial, and property inclusivity up to Rs +3K Cr. What does it mean? Isn’t it directly or indirectly access to private data of every aspect of the lives of millions?

Check out these cos. Let’s settle it will be an exaggeration to say that they are directly working on the payroll of Omdiyar but at the same time, it will be too ‘ostrich approach’ to ignore that they don’t have to do a bit to oblige their patron.

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Now how would one control policy-making? ‘Investing’ in lawmakers is an obsoleted idea. Like Ford, OSF (Soros), Omidyar also invested in a crucial think tank of policy influencers. A glimpse of a Mint article in 2013 when Omidyar offered millions to CPR. 2014 was Gen election.

The board members of CPR, share other top NGOs like CHRI (that is suspended last month), and CHRI executives have titles in IPF (Indian Police Foundation). All-in-all its just a tip and these clan-of-connections is a complex maze (bhool-bhullaiya).

Before we close know that IITan & former MoS Finance & Civil Avi Jayant Sinha (s/o Yashwant Sinha) has been director of ONI from 2010-13. In fact, he played a pivotal role in estb a network in Bharat. Because of his past connections, his name also popped up in Paradise papers.

It’s very unfortunate that on one side MHA is at the cleaning job of these foreign funds networks and on another side few corrupt officials are putting the nation on sale by providing them safe passage without analyzing the long-term consequences.

(The story has been compiled from the tweet thread originally tweeted by The Hawk Eye (@thehawkeyex) on May 15, 2022.)

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