radiaSRT/srt/Venkat_May_29_2009_13_03_00.srt

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(phone rings)

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Venkat: Hi, Morning
Radia: Morning(wearily), I am going to call you actually. You know about this electoral thing.

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Venkat: Ha, you—
Radia: Sorry you go ahead.

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Venkat: no, you know on this electoral trusts reports and all that came in
Radia: Hmm,

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Venkat: Boss had called Dinesh Vyas and told him to issue clarifications saying, it is not a Tata Electoral trust,

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Radia: We did that.
Venkat: OK, he says let Dinesh Vyas issue the statement.

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Radia: well, the word because, I will tell you what it is,

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Radia: because it is called Tata-
Venkat: Uhuh.

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Radia: you are going like, it looks like, we have said it, if you see the Business Standard, it has carried our statement. It says it is an independent trust.

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Venkat: No it is not a Tata electoral trust, it is not even called a Tata Electoral Trust.

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Radia: (slightly weary) what is it called?
Venkat: It is called The Electoral Trust, that's all.

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Radia: So where did the word - the letter, they have even published the letter, in—in Bengal.

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Venkat: No— ummm (pause)—- you have a copy of the letter?

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Radia: The letter is on my email, I will just forward it to you. Its come in Prathidin.

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Radia: The thing is— I will send it you just now. The thing is Venkat, there are two things here.

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Radia: One, If they were sending it, our heads up, it's a Tata thing right?

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Radia: Its still considered a Tata thing, this Dinesh—I know Tatas contribute to it, right?
Venkat: Yeah.

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Radia: Ok, now the thing is that the moment that happens, he, the moment that's done,

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Radia: he needs to give us a heads up. You know last night—
Venkat: Dinesh has whatever(mild laugh)—

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Radia: He is independent, is he?
Venkat: Yeah, he is independent, quite independent. All the three trustees are independent.

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Venkat: How they allocate the proportion, we don't know.
Radia: umm

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Venkat: just, of course, for our info, they tell us what it is. They tell Subedar for info. But they do their own.

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Venkat: All the three trustees are, Mr.(Ardeshir) Dubash (Industrialist), Mr.Dinesh(Vyas, Supreme Court Advocate) and Shireen Bharucha(Social Worker), who has nothing to do with—

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Radia: Ok, the thing is that if the letter said—

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Venkat: It's not even Tata Electoral Trust also. It's called The Electoral Trust.

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Radia: Ok, if now that's the case, I am now wondering how the word Tata came in,

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Radia: unless its mentioned in the letter, that I will get it now.
Venkat: anyway, people know that Dinesh Vyas is—

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Venkat: this thing(voice trails off), Mr.A.D.Dubash, Shireen Bharucha and Dinesh, they are the trustees.

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Venkat: Of course the contribution to the trust comes from the Tata group companies.

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Venkat: But how it is distributed, to whom it is distributed, its is entirely upto the trustees to distribute it based on the rules.

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Radia: Yeah. You know where it started from? She(Mamta Banerjee) gave an interview to StarAnanda yesterday.

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Radia: And she showed the letter and the cheque.

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Venkat: Just forward me the letter, I will just have a look.

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Radia: Yes, the letter appeared in her paper, Prathidin, this morning, front page—it's in every Bengali paper.

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Radia: And it's just that you know, the fact that—

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Radia: one I didn't know that you give it to them after an election is over. So—
Venkat: They do it in two parts.

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Venkat: One before the election based on number of seats and after the election based on the number of seats they won—
Radia: Which is fair enough.

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Venkat: That's how DMK also got. DMK didn't get in the first this thing.

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Venkat: After the election DMK also got based on the number of seats. They accepted. Everybody accepted, except CPM and, BSP did not accept.

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Venkat: All others accepted. They've got Sonia Gandhi also accepted.

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Venkat: Everybody has accepted.

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Radia: So maybe when he has to issue the statement, he has to say that every other political party has accepted, except for the three.

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Venkat: Yeah, except whomsoever who have not accepted. He should say, we distribute it to everybody, not only—
(Call ends aprubtly).