06 April 2011

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Rs. 40,000 Crore worth Satya Saibaba Trust AP Government sends team to fix or take over Saibaba trust Who will be owner of Satya Saibaba Trust

Rs. 40,000 Crore worth Satya Saibaba Trust
AP Government sends team to fix or take over Saibaba trust
Who will be owner of Satya Saibaba Trust?

Andhra Pradesh Government has sent a five-member team to Puttaparthi to find out whether there is a need for the state to take over the affairs of the Satya Sai Central Trust.

The five-member team comprises
principal secretary, finance, L V Subramanyam

principal secretary, health, P V Ramesh

director of medical education Dr Raghu Raju

Osmania General Hospital (OGH) cardiologist Dr Laxman Rao

OGH general physician Dr Bhanu Prasad

The 5 member team will find out whether there is a proper accounting system and spending mechanism in place in the trust.
Or government may take over the Satya Saibaba Trust

Satya Sai Central Trust runs many charitable schemes.
Satya Sai Central Trust who is who?
Satya Sai baba is its - chairman.

Former IAS officer K Chakravarthi is its – secretary

J Ratnakar, son of Satya Saibaba's brother Janakiram – member

Indulal Shaw (businessman from Mumbai) – member

former chief justice of India justice P N Bhagwati – member

Venu Srinivasan (CMD of TVS Motors) – member

S V Giri (former VC of Satya Sai University) – member

The Satya Sai Central Trust runs the
1. university complex,
2. a speciality hospital,
3. a world religious museum Chaitanya Jyoti,
4. a planetarium,
5. a railway station,
6. a hill-view stadium,
7. a music college,
8. an administrative building,
9. an airport,
10. an indoor sports stadium
11. sports complex in Puttaparthi.

there are an estimated 1,200 Satya Saibaba centres in over 180 countries running schools and health and cultural centres.

According to income tax department Satya Sai Central Trust is worth more than Rs 40,000 crore.
All donations to the trust receive complete tax exemption.

Every year Satya Saibaba trust receives hundreds of crores of rupees as donations from foreign individuals.

Reality views by sm –
Wednesday, April 06, 2011

Keywords Tags - Satya Sai Baba Trust properties , Saibaba trust dispute ,
Saibaba trust ownership


BK Chowla, April 06, 2011  

It is an opportunity for the ruling party to take over and start corrupt practices

Apanatva April 06, 2011  

why every body is just interested in money .
money..money and nothing but money............ :(

sm,  April 06, 2011  

BK Chowla,,
thanks. i agree with you.

sm,  April 06, 2011  

for money they will sell anything or do anything.

SKA April 06, 2011  

Please stop giving false information.
1. When did income tax dept. estimate sathya sai Trust's assets????
2. The people sent by AP govt. as mentioned in the list are doctors who have been sent to assist on sathya sai baba's health and not Trust or property.
3. There will be no govt. intervention as all the work is manages by Sathya sai Trust. It is the most transparent org. you can find in the country dedicated to rural upliftment.
4. Stop misguiding people

SKA April 06, 2011  
This comment has been removed by the author.
Judie April 06, 2011  

So sad that it is all about money. We can't take it with us when we die, but people don't seem to think about that!

sm,  April 06, 2011  

if you know it so much then let me know how much properties are their.

sm,  April 06, 2011  

nothing comes with us

SKA April 06, 2011  

The fact is that it is not valued hence I am not putting any value. I am not giving any false information at least.
How can a Railway station be be sathya sai trust property ?? :) is it not illogical for you to put such information :). Railway station is owned by the government.
What I mean is stop putting false information

SM April 06, 2011  

Learn to read and collect information.
just do not be blind.

SM April 06, 2011  

there is difference between property and running and ownership.
yes railway station is property of government.

SM April 06, 2011  

feel free to add information which you know or which you think is right
more we share more we learn

Rama Ananth April 06, 2011  

Before they can get out of one scam they are trying be in another scam: our country can run coaching classes for entire the world: how to be a scamster, and make more money.Shameless and corrupt to the core.

SM April 06, 2011