I've heard of being conned into buying the Brooklyn Bridge and thought that impossible in 21st Century - but what do I know!
A Fortune 500 company, one of India's largest to boot, has been conned into buying 'land' in the middle of the 'sea'. Indian Oil Corporation, ranked 207 in the Forbes list has allegedly bought 106 acres of land 'at' sea for Rs. 26 crores.
To be fair, the land was not 'actually' sea, but land encroached by sea; in other words, eroded land has been sold off as still 'existing' land. Talk of encumbrance free land. LOL
What a bunch of suckers. And this is the company the GoI has trusted to keep a steady hand on the price of petroleum products and defended by the Bombay Baron Murli Deora, who stuck up so morally for these idiots.
Wonder how many other places they have been conned !
But perhaps the Bombay Baron Murli Deora would have a better explanation. Maybe these idiots were buying land at sea so that if ever they have a spill, it will be on their own 'private' and not 'public' space - thus avoid the possible $20b spillout compensation
LOL
Maybe BP should hire some of these Idiots Organised Corporation - IOC.
A Fortune 500 company, one of India's largest to boot, has been conned into buying 'land' in the middle of the 'sea'. Indian Oil Corporation, ranked 207 in the Forbes list has allegedly bought 106 acres of land 'at' sea for Rs. 26 crores.
To be fair, the land was not 'actually' sea, but land encroached by sea; in other words, eroded land has been sold off as still 'existing' land. Talk of encumbrance free land. LOL
What a bunch of suckers. And this is the company the GoI has trusted to keep a steady hand on the price of petroleum products and defended by the Bombay Baron Murli Deora, who stuck up so morally for these idiots.
Wonder how many other places they have been conned !
But perhaps the Bombay Baron Murli Deora would have a better explanation. Maybe these idiots were buying land at sea so that if ever they have a spill, it will be on their own 'private' and not 'public' space - thus avoid the possible $20b spillout compensation
LOL
Maybe BP should hire some of these Idiots Organised Corporation - IOC.
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