Speak Asia Latest updates

Dear viewers,

At this point of time its a very good thing that we the 20 Lakh panelists of Speak Asia have formed an association named "All India SpeakAsia 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 19^th August, 2011 and we again await some positive response.
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• 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 2000000 Speak Asians whose requests are pending for payment.
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• In summation I wish to submit that come Wednesday 24^th 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.
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• 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 24^th 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 29^th 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. 20^th August, 2011.
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• 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.