The recent news of Rana Kapoor, the disgraced founder of Yes Bank buying paintings from Priyanka Gandhi has shaken the country.
It became an object of jokes and many questions, rightly so, ascribing most of it's trajectory to the age old practice of placating powerful politicians. In this case, a powerful family in the "business" of politics.
Is Priyanka Gandhi an artist? No. When did she become one? Or is she like Ms. Mamata Banerjee whose "work of art" sold for an astounding Rs. 6 crore. That "painting" when shown to The world, raised all goes and cries. Again, rightly so!
For that painting would have put even a 10 year old artist(read drawing/painting enthusiast) to shame.
Like wise, Mrs. A K Antony's painting sold in crores.
This is just one incident. I again feel, of an urge to Placate powerful people.
But is the world of art, really innocent. And here I mean the genuine work of art , be it Picasso or Salvador Dali or a Vincent Van Gogh or other great, if not greater names, of past.
The world of art galleries and these genuinely exquisite work of art Is a pleasure to the eyes of any common art lover BUT it is also a genuine pleasure for many devious objectives.
Paintings are a Currency!
Paintings, has emerged as a viable solid source of funds for many terror organisations, leaving aside others in drugs financing or Arms and guns.
Let me give an example. I am passionate about reading any and every material on terrorist organisations.
And couple of years ago, it came to light that how 'Islamic State, the most dangerous and we'll funded terror network in the world, used paintings As a source of funds.
Have you heard of "Geneva Free Port". Geneva is a Swiss city and Switzerland has been known as the best place (apart from Cayman Islands, some banks in Hong Kong, Mauritious etc) for it's discreet banking system. It is a tax Haven and had been used for Hoarding black money.
But Swiss is actually a Haven for others too. In this case, paintings and other work of art. And herein comes Geneva Free Port. It is kinda bank, in Geneva, for keeping only work of art.
Few years back, stolen work of art, sourced from Syria, was found in Geneva Free Port. It lent more credence to the idea that world of art is a big source of funds.
Let's understand that, like a good real estate, a genuine, sought, loved and popular work of art never depreciates. Its value only increases.
In fact, again few years back Beaufort Securities of Mauritius was investigated for buying paintings. These kinda agencies specialise in channeling I'll gotten and huge black money in the direct system, slowly. And paintings works. How? They buy at a price ( can be shown as an invetsment Or an expense). It is kept and later can be sold off. It has guaranteed returns.
More importantly, there are extremely rich people who are equally extremely crazy about acquiring paintings or other works of art. It satisfied their ego
For all we know, many of them keep these paintings in their private collection, far away from prying eyes of media, investigative agencies and common people. It is an ego booster.
For God's sake, even a Rana Kapoor has been found with 62 costly paintings!
Money is paid for them, right? Assuming he paid 2 Crore for a Priyanka Gandhi painting, imagine how much he would have spent for other 61 paintings.
Even at RS. 2 Crore ( and it is very less) , it comes to approx RS. 125 crores.
I am not saying he picked them from any wrong source but look at the money.
Now let's go back To those wealthy genuine art lovers who can go to any limit to procure a painting.
And here come the Nexus. Often terrorist organizations, themselves can execute a campaign to steal paintings from renowned galleries across the world, esp in Europe and sell them for a huge Price.
Or professional art thieves can be hired to carry out the needful. Maybe the thieves don't even know who is the final buyer (not the rich collector, mind you but the terror/drugs/gunsl smugglers).
The art is stolen, and while exchanging through multiple hands, reach Final buyer, for millions of dollars.
Art is a secured solid source of funds for nefarious activities.
In November 2019,in a famous art gallery in Dresden (a city in Germany), three most exquisite work of art was stolen. Experts said its value can not be fathomed .
Thieves don't keep these work of art for themselves . It is sold to someone. For millions and millions of dollars.
It is kept in places like Geneva Free Port!
A proper infrastructure is there, for it.
And there are "art restorers", people who restore damaged paintings or recreate paintings. In wake of a theft, sometimes they are hired by museums and galleries to recreate the stolen painting and kept at the same place. A common person, even after spending hours, cant make out the difference.
The world of art is sublimely beautiful. It encourages, it motivates us, the common people. It makes us dream.
But there are some who look at it as a source of funds.
Isn't it interesting?
It became an object of jokes and many questions, rightly so, ascribing most of it's trajectory to the age old practice of placating powerful politicians. In this case, a powerful family in the "business" of politics.
Is Priyanka Gandhi an artist? No. When did she become one? Or is she like Ms. Mamata Banerjee whose "work of art" sold for an astounding Rs. 6 crore. That "painting" when shown to The world, raised all goes and cries. Again, rightly so!
For that painting would have put even a 10 year old artist(read drawing/painting enthusiast) to shame.
Like wise, Mrs. A K Antony's painting sold in crores.
This is just one incident. I again feel, of an urge to Placate powerful people.
But is the world of art, really innocent. And here I mean the genuine work of art , be it Picasso or Salvador Dali or a Vincent Van Gogh or other great, if not greater names, of past.
The world of art galleries and these genuinely exquisite work of art Is a pleasure to the eyes of any common art lover BUT it is also a genuine pleasure for many devious objectives.
Paintings are a Currency!
Paintings, has emerged as a viable solid source of funds for many terror organisations, leaving aside others in drugs financing or Arms and guns.
Let me give an example. I am passionate about reading any and every material on terrorist organisations.
And couple of years ago, it came to light that how 'Islamic State, the most dangerous and we'll funded terror network in the world, used paintings As a source of funds.
Have you heard of "Geneva Free Port". Geneva is a Swiss city and Switzerland has been known as the best place (apart from Cayman Islands, some banks in Hong Kong, Mauritious etc) for it's discreet banking system. It is a tax Haven and had been used for Hoarding black money.
But Swiss is actually a Haven for others too. In this case, paintings and other work of art. And herein comes Geneva Free Port. It is kinda bank, in Geneva, for keeping only work of art.
Few years back, stolen work of art, sourced from Syria, was found in Geneva Free Port. It lent more credence to the idea that world of art is a big source of funds.
Let's understand that, like a good real estate, a genuine, sought, loved and popular work of art never depreciates. Its value only increases.
In fact, again few years back Beaufort Securities of Mauritius was investigated for buying paintings. These kinda agencies specialise in channeling I'll gotten and huge black money in the direct system, slowly. And paintings works. How? They buy at a price ( can be shown as an invetsment Or an expense). It is kept and later can be sold off. It has guaranteed returns.
More importantly, there are extremely rich people who are equally extremely crazy about acquiring paintings or other works of art. It satisfied their ego
For all we know, many of them keep these paintings in their private collection, far away from prying eyes of media, investigative agencies and common people. It is an ego booster.
For God's sake, even a Rana Kapoor has been found with 62 costly paintings!
Money is paid for them, right? Assuming he paid 2 Crore for a Priyanka Gandhi painting, imagine how much he would have spent for other 61 paintings.
Even at RS. 2 Crore ( and it is very less) , it comes to approx RS. 125 crores.
I am not saying he picked them from any wrong source but look at the money.
Now let's go back To those wealthy genuine art lovers who can go to any limit to procure a painting.
And here come the Nexus. Often terrorist organizations, themselves can execute a campaign to steal paintings from renowned galleries across the world, esp in Europe and sell them for a huge Price.
Or professional art thieves can be hired to carry out the needful. Maybe the thieves don't even know who is the final buyer (not the rich collector, mind you but the terror/drugs/gunsl smugglers).
The art is stolen, and while exchanging through multiple hands, reach Final buyer, for millions of dollars.
Art is a secured solid source of funds for nefarious activities.
In November 2019,in a famous art gallery in Dresden (a city in Germany), three most exquisite work of art was stolen. Experts said its value can not be fathomed .
Thieves don't keep these work of art for themselves . It is sold to someone. For millions and millions of dollars.
It is kept in places like Geneva Free Port!
A proper infrastructure is there, for it.
And there are "art restorers", people who restore damaged paintings or recreate paintings. In wake of a theft, sometimes they are hired by museums and galleries to recreate the stolen painting and kept at the same place. A common person, even after spending hours, cant make out the difference.
The world of art is sublimely beautiful. It encourages, it motivates us, the common people. It makes us dream.
But there are some who look at it as a source of funds.
Isn't it interesting?