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-Question: Who is Vasant Raj Pandit? Answer: The only son of R. V. Pandit. Question: But who is R.V. Pandit? "(his) time is spent backrooming politicos across the spectrum...and badgering them with schemes to continue Pandit's longest running crusade: combat corruption.'If you see something wrong somewhere, it's because of corruption,' he says". -From a Profile of R. V. Pandit, India Today, 31 January 1997.

In the following ten or so pages, you will read, based on facts and nothing but the facts, based on documented truth and nothing but the truth, that what the IO has told the Judge about Vasant Pandit, "that in this case cheating is of Rupees one thousand crore" is utter nonsense, sheer illiteracy of the Economic Wing of the Delhi Poilce. His arrest is, in fact, the consequence of criminality by a section of the Police. You judge for yourself: here are the facts, mostly documented by officialdom itself. The case is about the Police, from outside Maharashtra, and the Mumbai Customs, systematically harassing Vasant Raj Pandit for bribes, and trapping him into undeclared bankruptcy when he persisted in refusing to bribe, a trap designed by some criminal master minds.

My son is naive, sometimes vain, he did his marketing business via a proprietary firm - Frontier Trading - (always suspect in Revenue circles if the volumes are large), through Multi Level Marketing (an uncommon system), importing and selling Magnetic Mattress Sets, comprising of a Magnetic Mattress, a Magnetic Pillow and a Magnetic Quilt (an uncommon product). All this made him vulnerable. I opposed his entry into MLM, for I knew what would be in store for him. "This is a free country, and what I do is within your laws", he would retort, frequently in an adversary mode in his relations with me. In the event, he did well - Rs 950.83 crores in total sales between 1996 and 2003, (after that the harassment by the Customs and the Police virtually stopped his operations). Sadly, his obstinate persona ignored my repeated pleas to close down the 21 showroom-cum-offices (and some warehouses) he had built across India, and reduce the staff drastically. But he continued in defiance, keeping a huge establishment running for nearly 20 months without any business, incurring heavy expenses - the Police had scared away most prospective customers by false allegations of all kinds, closing down his bank accounts several times in a manner that embarrassed the RBI. He drove himself into debt, quixotically confident he would overcome. Instead, falling into the well-laid trap of the corrupt Police and the corrupt Mumbai Customs.