There has been a massive scam happening in broad daylight, and no one is talking about it. I want to give you a brief idea about the matter; this is the most extensive banking scam of this decade. 

There is a corporate group called Future Group headed by Mr. Kishore Biyani. This gentleman took 1500 crores from Amazon in 2019, bypassing the FDI norms of India through a coupon company to invest in his retail business, which is popularly known as “Future Retail/ BigBazaar.” 

Post pandemic, the group made a contract with Reliance Industry, ignoring the previous agreement with Amazon, which barred the promoters from having any business with Reliance industries. These contracts triggered many legal battles across many national and international platforms. The cases dragged on for over two years. Reliance slowly and silently took away all the stores from Future Group; the promoters permitted Reliance to take away all the employees. These stores and employees were assets worth 50 thousand crores. Out of these 50 thousand crores, 30 thousand crores is the public money lent by the government banks to the Future Group. 

During the voting, these government banks surprisingly voted against the deal, the deal which was bringing around 24 thousand crores to the table and saving the entire group from bankruptcy. The banks alleged that the agreement had no benefits for them. 

The insolvency will give them 90% less than they were getting through the deal. But it all seems to be a conspiracy to eat 30 thousand crores worth of public money invested in building Future Group and its assets. 

The central question is: 
1. Why were the banks sleeping for over 14 months? They are the secured creditors, and why they didn't question this illegal asset transfer to Reliance? They haven't filled any cases against Reliance and taken the group to Insolvency, where 30 thousand crores of public money will wipe out. Along with at least 20 thousand cores of investors' money who invested in the stocks believing that Reliance or Amazon would one day take over the Future Group and the business will be back to normal. 
2. How did the promoters have such crucial agreements and transfers and never inform their shareholders, lenders, and bondholders through the exchange? It was necessary to report the shareholders and other parties through the NSE & BSE, but no one is questioning them in this scam, probably because Reliance is directly involved in the matter. 
3. How can 900 store owners at once assemble and give their stores to Reliance which was leased to Future Group and was significantly important considering the public money involved? Again a big conspiracy! How did Reliance get the data of 30000 employees and offered them jobs directly?
4. The courts are dragging the matters, as usual; the Media is owned by Mukesh Ambani, naming him a “Baazigar” for this illegal affair and snatching all these important stores from Future Group; defeating the global mammoth Amazon! 
5. If we are doing such things, banks are writing off thousands of crores which directly benefits Mukesh Ambani, a close friend of the current government, then how can we trust this government with our hard-earned money?