$ahaj Marg: A Financial $pirituality

Translation of an article by Alexis: "$ahaj Marg: Une $piritualité Financière", published on Elodie's blog in Europe: Pour Que Vive Le Sahaj Marg.

Comment by 4d-Don:  It appears that the "cleaning" ritual of this so-called "spiritual" path may also involve the "cleaning" (or "laundering")  of the so-called "corrupt " or material MONEY!!
Is this what some call the all-new: "Spiritual capitalism" or is that: "Spiritualist capitalism"??  

Chari's education foundation was called: Baal Vatika (translation: Baal Vatika = The Hermitage of Baal )  ...  Is  SRCM and Sahaj Marg(tm) attempting to become the all-new and laundered "Vatican" of Roman Catholicism?? 

Corruption or simply "GREED" ... POWER Lust! or simply: BUSINESS!


October 12, 2014
 
Sahaj Marg: A Financial $pirituality
A new article by Alexis: The main funders of $ahaj Marg  in 2013

Eight million dollars in foreign donations in 2013, down only slightly from 2012, the year that set the record.  Financial capital reported almost as much, or $7 million in interest.  Record expenditure of $8 million, with the purchase of land and property at its peak.
 
The financial capital for SRCM and SMSF from foreigners and from Indians together now reached $60 million, it still grew by 12% in 2013. 

Topping the list of foreign donors include Madhava Reddy, his company and his foundation retaking the lead with $6,000,000. The Transnistrian (Russian?) oligarch Ilya Kazmaly and his offshore company (ies), champions in 2012, still ranks second with $590,000. 

Virtually ignoring Kamlesh Patel, his family and pharmacies, but we see the rise of some entrepreneurs: Shiv Kaushik and his company ICCG for $130,000 (in 5th place in the cumulative 8-year track record) or even Dayalan Veera and his company Master Scan for $120,000 (in 8th place over the past 8 years).

Overall, over a period of 8 years (2006-2013), the cumulative foreign donations reach $40 million, the interests on the capital $25 million, for a total proceeds of $65 million. Cumulative expenditure represents $24 million. Financial capital is increased from $19 to $60 million in 8 years.
 
Chari has won his wager: to finance the expenses of the Mission with the interest of the $ M $ F (SMSF - Sahaj Marg Spirituality (or "Spiritualism"?) Foundation) its foundation. Donations are not required anymore, but his wager was so successful that the donations continue to grow, with $21 million (or more than by half) in the past two years.

Difficult to predict a trend when 3 quarters of the donations over 8 years are based on 10 people; 60% on the shoulders of Reddy and Kazmaly.  Logic suggests that interest becomes the main source of funding, but as these big donors (seem to?) will continue, it is the financial capital that flies, allowing ever more reckless spending.
 
At this rate, the foreign financial capital could reach $90 million by 2020, with $12 million annual in interest, as much in donations and spending almost as much ...
 
If we add the Indian capital, the land and the property, Chari is at the head of a wealthy multinational ... rich in spiritual and/or material?

Alexis


Other Links (in French) :

[Les finances de la Mission]

Donations étrangères2006-2012

Patrimoine et chiffred’affaire, estimations 2014

Recyclage d’argentsale ?
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