MF Hussain in money-laundering scheme?

published on June 17, 2011

The author also makes a gross exaggeration when he claims that MF Husain quit India due to harassment by Hindus. Even after the lawsuits against MF Husain were filed, he continued to live in India for several years, including the years when his political opponents were in power. He quit India only after eyebrows were raised in certain quarters when it became known that his customers were always wealthy business houses based in India, but they conducted their financial transactions with MF Husain in a foreign country and channelled the money back to India. Sometimes, MF Husain has donated the proceeds of his sales to charities operated by members of business families. Such patterns in financial transactions are bound to raise suspicions as these patterns are usually associated with money-laundering schemes.

(Excerpt from Arvind Kumar’s oped in Daily Pioneer June 15, 2011)

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