Reborn as a Police Officer in India

Chapter 498 Picking Peaches Directly

"It's a foreign company. If things go wrong, it might cause an international dispute and even escalate into a diplomatic issue between the two countries." Nirmala hesitated.

After all, those foreign companies are large multinational corporations with strong backgrounds. If you touch them, the countries behind them will definitely step in. They are not so easy to mess with.

"Ma'am, they were the ones who broke the law first, and we're just enforcing the law," Powede said. "Also, I think this is also to better promote the Prime Minister's Make in India initiative. Many of these foreign companies' products use too many foreign materials and parts, which doesn't conform to India's domestic manufacturing plan..."

"Yes, they did not follow Indian laws," Nirmala agreed.

She firmly supports and upholds all policies related to Laoxian.

These foreign companies are so despicable. They don’t take the Prime Minister’s policies seriously at all.

The Prime Minister is promoting domestic manufacturing, so even these foreign companies have to purchase more local materials and accessories.

But they simply didn't do it.

What does it mean to buy foreign parts at high prices?
Isn't there any in India?

Even if the quality is a bit worse, they can still build a factory in India to produce it.

Now everything is imported from abroad, which goes against the laws in India that support local manufacturing.

So what's the problem with letting the law enforcement agency enforce the law ourselves?
In addition, these foreign companies have serious problems with tax evasion and tax avoidance, so they must be investigated together.

"But I still need to think about this matter," Nirmala said again.

This matter has a huge impact, so she needs to report it to the old immortal.

In Mumbai, Rodon continued to maintain law and order during the epidemic.

The whole of India is in chaos now, and Mumbai is not much better.

Fortunately, he is in charge of Mumbai, otherwise the situation in Mumbai would be even worse.

After all, Mumbai has a large population. Given the current lockdown situation, the more populous and densely populated a place is, the more terrifying it is.

The Mumbai police are now doing their best, but they can only ensure public security in some key areas.

The so-called key areas, to put it bluntly, are wealthy areas and the like.

As for the slums and so on, let them die on their own.

That day, Vides called.

"Rotten, do you know? The law enforcement agency is probably going to cause trouble again." said Vides.

"What? Are you going to make some big move again? It's not targeting the CBI, right?" asked Rotten.

The reason why Roton asked this was that he could hear in Vides' tone that he seemed to be gloating.

Before, if the Enforcement Directorate had anything against the Central Bureau of Investigation, Vids would have started cursing.

"Of course not," Vides said with a smile. "I've heard that the Ministry of Finance is planning to investigate foreign companies in India, primarily over taxation issues. The Enforcement Directorate will be carrying out the investigation. But investigating those multinational corporations? That's a thankless task. Bowede is so bold! Isn't he afraid of causing a big mess?"

There is reason for Vides to gloat.

When Alan was in power, he targeted Indian companies in order to increase fiscal revenue.

There was a huge protest at that time, and even Allen retired early.

In Vides' opinion, Povede should have learned his lesson, right?

He escaped danger last time, so he probably won't get into these things again.

Unexpectedly, Povede wanted to get involved again. However, Vides felt that this might also be the intention of the new Finance Minister, and Povede was just an executor.

But no matter whether he is an executor or something else, Powede has participated in these things twice. When the matter is exposed in the future, Powede's end will probably not be good.

Of course, Vides has a lot of opinions about Povede, and he would definitely be happy if Povede was in trouble.

As for whether a more difficult director of the Law Enforcement Bureau will be appointed after Bowede's downfall, that is a matter for the future.

In short, Wade is really unhappy with Powede now.

After listening to this, Luo Dun thought to himself that this was the case.

It’s time to start.

As Roton recalled, the Enforcement Bureau later took strong action against Chinese companies in India, especially those mobile phone companies.

Various assets were seized in India, some company managers were arrested, etc.

These events have sparked countless discussions and condemnations online in China.

In fact, this kind of thing is nothing in India, it is very normal.

After all, the reputation of foreign-funded crematoriums has been around for a long time, not just now.

India has also cheated various foreign investors such as the United States in the past. It cannot be said that it is only targeting China. It treats all investors equally.

As for the mobile phone company being on various hot searches, it was related to the fact that most of the investigations in India at that time were targeting China.

Of course, this was also related to the poor relationship between the two countries at the time, and India made a fuss about these things.

The epidemic is so serious that all aspects of the Indian government have been under tremendous impact and pressure. This is a very serious matter.

The Indian government needs to divert internal conflicts through some events.

For example, the border conflict and the suppression and investigation of Chinese companies are actually intended to create topics and divert attention from the increasingly serious social problems in India.

After years of propaganda and brainwashing by Indian politicians, the Indian people generally have great hostility towards China.

Therefore, once it targets China, it can immediately arouse the nationalist thinking of the Indian people and win the support of the people.

This is what the old immortal likes to see the most.

He is very good at exploiting these emotions. His previous favoritism towards Hindus was actually a form of exploiting nationalism.

This is a method that has been tried and tested by him and it works very well.

Financial factors are certainly a factor, but this reason is less important than these.

After all, the epidemic has brought too much trouble to India, which is a headache for the old immortal.

Various measures targeting foreign capital have long been routine operations in India.

They will require foreign companies in India to hire a large number of local people, and even company executives must be Indians.

what is this?
Foreign investment, but all the company executives are Indians?

Doesn't that mean this company is Indian?
But India also has its own opinion, which is that it is necessary to comply with Indian laws and regulations.

In short, the goal is to recruit Indians as senior executives.

There are various ways to suppress foreign investment, but in fact some Indian monopoly tycoons also want to seize foreign assets at low prices.

These monopoly chaebols include Tata Group, Reliance Group, Adani Group, etc.

There have been many times in history when foreign companies were unable to bring their assets in India, such as fixed assets like factories, back to their home country after withdrawing.

Then it can only be handled locally.

Once, General Motors of the United States wanted to dispose of a factory and planned to sell it to a Chinese company.

All the conditions have been agreed upon, and we just need to wait for the Indian government to agree, and then the transfer can be completed.

But the Indian government objected to the sale.

In short, the Indian government said that the sale is not allowed and the factory cannot be sold to a Chinese company.

After this matter was ruined, General Motors finally had no choice but to sell the factory to Tata Group at a very low price.

The government is clearly creating opportunities for the Tata Group by suppressing GM and preventing it from selling the plant to anyone else. GM will then have no choice but to sell to an Indian company.

There are only a few companies in India.

Therefore, these benefits must have been obtained by these big companies.

There are too many such cases. Many of them are caused by large companies that have set their sights on these assets. Due to their connections in the government, there are naturally people who help them with advice.

Then they used the power of the Indian government to suppress foreign investment, and in the end the foreign investors could only leave in disgrace with a little pitiful money.

This is still considered good, otherwise they would take it all away without giving you anything and would just confiscate it from you. What can you do?

Therefore, the subsequent suppression of Chinese mobile phone companies was actually due to some big Indian tycoons who had set their sights on the mobile phone industry.

In recent years, India has been touted as being able to replace China as a manufacturing powerhouse.

Lao Xian also seized the opportunity and promised various preferential policies, attracting a lot of foreign investment.

Many mobile phone companies in China are among them.

After these factories and marketing networks were built, some Indian companies became jealous and wanted to reap the benefits directly.

The government uses its power to put pressure on Chinese mobile phone companies in various ways. In addition to policy pressure, this pressure also includes various tax audits and other methods.

In fact, when running a company in India, it is certain that money will be transferred out through various means.

These measures are actually legal according to Indian law.

Because Indian laws are fundamentally imperfect, it is very easy to find loopholes in them.

But these are nothing to the Indian government.

They can directly enact a new law, and even trace it back to decades ago.

In short, it is nonsense to want to talk about the law with the Indian government.

As long as they want to mess with you, they will use all kinds of methods.

The Enforcement Bureau is the Ministry of Finance's biggest pawn.

Since it involves economic issues, the law enforcement bureau will naturally be dispatched.

"I think this must have been approved by the higher-ups, otherwise they wouldn't dare to do this," said Roton.

"Even if the Prime Minister approves, this idea is definitely something the Enforcement Bureau or the Ministry of Finance came up with," said Vides. "This matter is somehow related to Bowede. I'm looking forward to the impact of this. It would be great if countries like the United States also make a move. That would be really fun to watch."

Rotten could understand what Vides was thinking.

In Vides' view, these foreign companies all have deep backgrounds.

Although India has cheated these companies before, the government still paid a heavy price later.

You can mess with others, but can't others mess with you?

There are not many companies going overseas from India, but those foreign companies can still lobby their own governments on certain issues concerning the Indian government.

In short, people also want revenge.

This is a harsh revenge. Do we have to find someone responsible for this matter?
In Vides' mind, Powede would not be able to land safely this time.

"It's hard to say. You're well aware of the country's current financial situation," Roton said. "The Ministry of Finance is also trying to find various sources of revenue. I think this will ultimately receive significant support."

Rotten's words made Vides silent for a moment.

It has to be said that Vides felt that what Rodon said made some sense.

The impact of this epidemic is too great, and the government is indeed under tremendous pressure.

The primary pressure is financial issues.

You need money for various epidemic prevention measures, right?
The financial situation was already tight, and now it is even worse.

Without money, the country's finances will collapse.

At this time, all kinds of ways to make money will probably be tried.

"No matter what, targeting foreign investment would trigger an international dispute, a diplomatic incident with enormous repercussions," said Vides. "I still think this is good for us. I'm afraid the Enforcement Bureau won't have a good time."

Vides ultimately had his own ideas.

Roton could understand Vides's thoughts.

After all, Vides does not know what the future will be like. The influence and destructive power of the epidemic are far beyond everyone's imagination.

Therefore, Nirmala's Enforcement Directorate's action against foreign investment has received huge support, not only from an economic perspective, but also from the perspective of the BJP's governance, which is a political aspect.

Targeting Chinese enterprises can bring countless benefits to the People's Party.

So, this matter is inevitable.

In Vides' mind, he probably still thought that the Enforcement Agency was mainly targeting companies in developed countries such as Europe and the United States this time.

It's not appropriate for Luoton to get involved in such matters.

That is the government's decision. I am just a policeman and cannot interfere in this.

Since you have chosen to invest in India, you must be mentally prepared for various things.

Foreign-funded crematoriums did not appear today.

India's international reputation has always been poor. If you dare to invest here, you must be prepared to be wiped out.

"I think you'd better be careful," Rotten said. "The Enforcement Bureau must have had the confidence to do this. The new Finance Minister is definitely not a pushover. Don't underestimate her just because she's a woman. She hasn't made any big moves yet, but that's because she hasn't really gotten into the swing of things. Regarding this move against foreign investment, I bet she has the support of various higher-ups, not just the Prime Minister, but also some other chaebols."

"Chaebol? What does it have to do with them?" asked Vides.

If it is said that Nirmala has the support of the old immortal, then he approves of it.

After all, Nirmala certainly wouldn't dare to make a decision on such a big matter on his own.

"This time the law enforcement agency is targeting foreign capital. Who do you think will take over?" asked Roton.

This silenced Vides.

"Are you saying that this incident was also driven by these chaebols?" asked Vides.

Tata Group and Reliance Group have done this kind of thing before, so Vides is certainly aware of it.

"Whether they're pushing for it isn't important. What matters is that this matter is of enormous benefit to them. I believe that with the support of the top brass of the People's Party, coupled with the influence of these chaebols, the new Finance Minister's power will likely far surpass that of his predecessor," said Roton. "The Ministry of Finance's increased power also means the Enforcement Bureau will have the same."

These words of Rotun made Vides' heart sink.

indeed so.

I was originally feeling a bit gloating, but now I realize that this is probably a terrible thing.

I don’t know whether my Central Bureau of Investigation will be affected.

"Of course, the CBI is trying not to get involved in economic issues now. I don't think they will go too far, right?" Roton said again.

"I hope so." Vides sighed.

He doesn't have much confidence about these things now.

After all, the Enforcement Bureau still has huge support, while the Central Bureau of Investigation has been severely suppressed.

If there is any contradiction or conflict between the two, it will most likely be the Central Bureau of Investigation that will suffer in the end.

(End of this chapter)