The quit option will be activated after EOW release the server of the website. The case is powerful than of mumbai police. This is the last chance of the authorities to give some proof against the company else no one will stop them.
The hearings update from the court:
Mumbai Police:
1.Company has 12 lakh panelists and the money the company is having is Rs.998 crore
2.We got complaints against Speak Asia on phone but only 1 FIR.
3.We need to investigate more.
Speak Asia Lawyer:
1.Company is paying 68 crore tax per annum so give me any one reason that we will run away.
2.Company is having 20 lakh panelists why only 1 complaint.
3.The investigation is planned by politicians who wants to stop us.
The remand of company COO Tarak Bajpai and his four colleagues Rajeev Mehrotra, technical head for the portal, Shaikh Rais Latif, assistant for daily portal operations and in-charge of regular pop-ups, Ravi Janakraj Khanna, finance accountant, and Deepankar Sarkar, the first panelist from Inda. All of them were produced in court by ecconomic offences wing(EOW), The police told the court that they have found Rs. 139 crore in the companys 35 frozen bank accounts and hence need to extend the custody for further investigations.
News on AajTak about court proceedings in SpeakAsia Case
Where as AajTak reported that the police seemed to be on backfoot in the court because they didnt find any wrong doings or any proof against SpeakAsiaOnline. The company lawyer was very bold and fired questions at the Mumba police. SAOL lawyer told court the company hasnt done anything wrong and the company who has paid Rs. 54 crore amount in taxes , why will it think of running away from the country?. The SAOL lawyer also told the court that having a panelist base of 15 lakh , there has been only one complaint from the panelist side showing the trust and faith the panelist have on the company even after so many allegations against the comapany. The SAOL lawyer also said that there is some political leader behind all this who doesnt want the company to grow and do its business with repute. After listning to both the parties the court decided to extend the police custody of five office bearers of the company till 12th August giving police the final chance to get any strong proof against SpeakAsiaOnline or else they will be released after that.
Bike Rally to show support for SpeakAsia in Ludhiana
With all this happening the panelistes who are the part of SpeakAsiaOnline family are doing there bit to save the company from injustice. There was a rally organised in Ludhiana, Punjab by the panelists. They shouted slogans and showed full trust on the company and wanted justice to be done with them and demanded a fair investigation. The company also anounced the much awaited exit option for panelists which was announced earlier by the SAOL. The company stated out some guidelines on how a panelist who wants to leave the company can get thier money back and leave the company. The two page letter was published with all the information regarding the exit option.
Letter regarding the exit option
It has been in news that the police is planning to block the website here in India and later block it globally becasue the comapny server is located in US. This is a bad news for all the panelists who use to get all the updates from the company side from this website only. The company officials co-operating with the investigation has provided police with access to its company website and servers.
Speak Asia Managed By Tulsient Consultancy EOW Mumbai - 5 Aug 2011
Speakasia Tulsient
Speak Asia is Managed by a Indian Company name Tulsient Consultancy and Mr. Manoj Kumar is CEO of that company who Becomes CEO of Speak Asia Online on Speak Asia Conference Mumbai - 16 May 2011
Manoj Kumar himself says that he becomes CEO of Speak Asia Online of 15th May 2011
while addressing to Speak Asians on 30 July 2011 check the News
Mr. Manoj Kumar is Having his Own Company name TulsientConsultancy which is having 3 Offices
1 in Delhi 2nd in Mumbai and 3rd is in Bangalore who provides the services of MLM Website's with
web storage Space.
In A News - Video Below
Online Speak Asia Company is Under the radar of investigating agencies according to our sources Speak Asia Online PTE is registered under a engineering student in Satara in Maharashtra .
Speak Asia is current ally operated in Singapore which is folding company of sodium ring International
which is registered in britsh vergin iland .
Economical Wings Officials has told us they are now trying to trace the total amount which speak asia has siphoned international Bank account Current estimate is nearly Rs.1000 Carror.
EOW Mumbai Officials Told us exclusively the officers of the company named Tulsient Consultancy
which was running speak asia websites has been sealed and 2 directors have been arrested .Its was
also come in notice that this company is also owned by manoj kumar who is also happened to be a
CEO Speak Asia . Speak Asia recent ally offering products which was claimed to made by a German company name as " YUG " according to Police no company with the name of YUG exists
so police is checking which company have send these products .
EOW is Confident that Speak Asia is in Money Circulation .
Their master account is in United Overseas bank of Singapore has been frozen but Speak Asia
Denies all the charges against them.
We Check Online on Internet For Correctness of this News
Tulsient Consultancy Logo
Manoj Kumar is Director of that Firm Also which is Tulsient Consultancy http://www.tulsient.com/tulsi-ourmasterminds.aspx
MR. MANOJ KUMAR
(Managing Director)
Former Deputy General Manager PCL. His career as an entrepreneur began with CMS
where he joined as Director soon after leaving PCL.
In the year 1995, he founded LanBit India ltd. LanBit software solution division was
founded in April 1999, focused on web solutions for Middle East market.
This division was later converted into Tulsient Technologies India Pvt. Ltd.,
with market focus in Europe/Middle East, India and product lines/solutions for mail order,
Direct marketing and Multi Level Marketing companies.
