A much needed..... Hard Slap on the face of the people who wanted to malign Dato Vijay Eswaran's image and his Company QI group in his tough times.
After spending three weeks in a lock-up and another two months under house arrest in an apartment, he was cleared by the district court of south Jakarta.The 46-year-old group managing director of QI Limited found his name and photograph in Interpol’s Red Notice following police reports lodged by two of his Filipino partners.
He was arrested in Jakarta on May 3 this year.He was brought to the district court for an extradition hearing to move him to the Philippines to face charges in connection with a US$50 million (about RM170 million) alleged fraud case dating back nine years.
"I was optimistic that justice will prevail as I am innocent. Although it took three months to clear my name, I was willing to wait for the law to take its course," he said.
He was released on July 31 after the court rejected an extradition order on the grounds that the matter was a civil case involving a financial agreement.
Vijayeswaran said, initially, the police were harsh and rude."They treated me like a criminal even though they had little idea of what the case was all about. My arrest was based on information from the Interpol and had nothing to do with my business activities in Indonesia."
He added that when the authorities received more information from the Philippines, including the fact that the fraud case was 10 years old, the authorities were kinder and allowed him to move into an apartment within the police complex.
He held meetings with friends and associates at the apartment as security was lax and people were allowed to visit him. His wife, who arrived from Kuala Lumpur stayed in the apartment during his "house arrest".
He said his lawyers were working towards removing his name from the Interpol Red Notice.
He said while in Jakarta, more allegations were heaped on him, including that he had cheated former Indonesian president Abdurrahman Wahid or Gus Dur and his family.
Vijayeswaran was alleged to have used his multi-level marketing network to solicit funds from followers of Nahdlatul Ulama.
"Some people in Jakarta wanted to see me fall. Gus Dur eventually came forward to clear the air."
Vijayeswaran’s company, which is based in Hong Kong, has branches in 30 countries, from Australia to Brazil. Its regional office is in Petaling Jaya. It is a multinational multi-level marketing company with 2.5 million customers world- wide.
He is also an author and motivational speaker.
Read More on NST
Tuesday, August 14, 2007
Vijay Eswaran Cleared of all the charges against him
Frns,
Here is breaking news...... QI group Managing Director Vijayeswaran has been released from Indonesian Jail and he has been cleared of all the charges against him.
A JAKARTA court ordered the release of three Filipino businessmen and their Malaysian partner after it threw out an extradition request by the Philippine government because the crime they were accused of does not exist in Indonesian law.
In a decision promulgated July 31, Presiding Judge Prasetyo Ibnu Asmara of the District Court of South Jakarta cleared and released Malaysian businessman Vijayeswaran Vijayaratnam and his Filipino partners Tagumpay Pablo Perez Kintanar, Joseph Luis Eleuterio Tomacruz Bismark, and Donna Marie Glenn Imson.
All four are directors of GoldQuest International, a British Virgin Islands-registered company that sells limited-edition gold coins, and were earlier placed under police custody in the Indonesian capital on the basis of an extradition request by the Philippine government in connection with charges of syndicated estafa filed against them in Quezon City.
“The [Philippine govern-ment’s] request for extradition of the respondents was legally unreasonable and must be turned down. As the request is turned down, the detention of the [four] must be revoked,” the District Court of South Jakarta declared. The passports of all four were also returned.
The crime of syndicated estafa is unknown in Indonesian jurisprudence. Since the extradition agreement between the two countries adheres to the principle of “dual criminality,” the court said Indonesia and the Philippines must both consider any action a crime before extradition can be granted.
The case stemmed from a complaint filed by two former partners of the four, Enrico Noel Uy and Patrick Zuñiga, before the Quezon City Regional Trial Court on March 20, 2006.
Uy and Zuñiga claimed that they were shareholders of GoldQuest and that they lent the company more than $100,000 in 1998. They admitted having received in return US$760, 200.89 in dividends, allowances and monetary benefits for about seven years, aside from full payment for the loan with interest.
In 2005, Uy and Zuñiga formed their own competing company, N-Stream International, which failed. Having lost all their investments in NSI, the two demanded more dividends from their former partners and sued them for syndicated estafa later on.
Kintanar, one of the Filipinos named in the case, said: “I’m happy that we were vindicated by the Indonesian court but at the same time disappointed it took an impartial foreign tribunal to do so. Now I look forward to returning to the Philippines to clear my name once and for all. We are thankful to the Indonesian authorities for their fairness and sense of justice.”
Source : Manila Standard Today
Here is breaking news...... QI group Managing Director Vijayeswaran has been released from Indonesian Jail and he has been cleared of all the charges against him.
A JAKARTA court ordered the release of three Filipino businessmen and their Malaysian partner after it threw out an extradition request by the Philippine government because the crime they were accused of does not exist in Indonesian law.
In a decision promulgated July 31, Presiding Judge Prasetyo Ibnu Asmara of the District Court of South Jakarta cleared and released Malaysian businessman Vijayeswaran Vijayaratnam and his Filipino partners Tagumpay Pablo Perez Kintanar, Joseph Luis Eleuterio Tomacruz Bismark, and Donna Marie Glenn Imson.
All four are directors of GoldQuest International, a British Virgin Islands-registered company that sells limited-edition gold coins, and were earlier placed under police custody in the Indonesian capital on the basis of an extradition request by the Philippine government in connection with charges of syndicated estafa filed against them in Quezon City.
“The [Philippine govern-ment’s] request for extradition of the respondents was legally unreasonable and must be turned down. As the request is turned down, the detention of the [four] must be revoked,” the District Court of South Jakarta declared. The passports of all four were also returned.
The crime of syndicated estafa is unknown in Indonesian jurisprudence. Since the extradition agreement between the two countries adheres to the principle of “dual criminality,” the court said Indonesia and the Philippines must both consider any action a crime before extradition can be granted.
The case stemmed from a complaint filed by two former partners of the four, Enrico Noel Uy and Patrick Zuñiga, before the Quezon City Regional Trial Court on March 20, 2006.
Uy and Zuñiga claimed that they were shareholders of GoldQuest and that they lent the company more than $100,000 in 1998. They admitted having received in return US$760, 200.89 in dividends, allowances and monetary benefits for about seven years, aside from full payment for the loan with interest.
In 2005, Uy and Zuñiga formed their own competing company, N-Stream International, which failed. Having lost all their investments in NSI, the two demanded more dividends from their former partners and sued them for syndicated estafa later on.
Kintanar, one of the Filipinos named in the case, said: “I’m happy that we were vindicated by the Indonesian court but at the same time disappointed it took an impartial foreign tribunal to do so. Now I look forward to returning to the Philippines to clear my name once and for all. We are thankful to the Indonesian authorities for their fairness and sense of justice.”
Source : Manila Standard Today
Monday, August 13, 2007
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