Update from Corporate Marketing Team

        

Dear Speak Asians,

The past few weeks have been very eventful. While we are very happy that the first hearing of the committee appointed by the honorable Supreme Court for mediating amongst various parties concerned under the capable stewardship of the former Chief Justice of India, Justice R.C Lahoti, met towards the end of November and started the process of mediation in the right earnest.

However ever since this hearing, the entire Speak Asians community inclusive of the company and its employees, panelist and their family members including both women and old parents have become the target of  a renewed malicious campaign by the authorities. This started with the arrest of Mr. Melvin Crasto, President of the AISPA and also this followed up with the arrest of one of the Regional Manager of our company.  Both these actions are highly deplorable as they come in the back drop of the mediation process already set in motion. We are given to believe though reliable sources that a senior officer of EOW has gone on to state that there will be more such arrests in the very near future with an aim of spreading panic amongst the panelist community which till now has been the major source of strength for the company.

We would like to assure all our stake holders that we will leave no stone unturned, not only to resolve the current situation but also to restart our business at the earliest. All our endeavors are aimed towards ensuring that our entire community including our employees, panelist and business associates is in no way inconvenienced any further.

Warm regards,

SpeakAsia Corporate Marketing Team

                                                                                               

Dear SpeakAsians,

Over the last two days our website has all of a sudden become active and is allowing the SpeakAsians to log in and view the website.  We would like to state that the website access passwords and database access was taken over by the Economic offences wing of the Mumbai Police. This was obtained from the technical team of the company that used to maintain the website. This action was executed immediately after the arrests of the company's COO and others. Since then SAOL has no access to the website speakasiaonline.com. 

Furthermore, we would also like to clarify that the any attempt on our part to regain the server access would have been deemed as obstructing the investigation. SAOL is totally committed to cooperating with the concerned authorities and therefore has not initiated any action that may be deemed as obstruction to the investigations.

The motive behind partially restoring the access to the website speakasiaonline.com is at the moment not available to us as we have had no official communication from EOW, Mumbai Police on this subject.

We appeal to you to not believe false and motivated news item appearing online as well as in conventional media. We also would like to assure the SpeakAsian community that the company has initiated a series of actions aimed at restarting and returning to business as usual.

Regards,

SpeakAsia Corporate Marketing Team

Dear SpeakAsians,

Please find attached the actions initiated against a leading media house for having falsely reported certain news items about our company and its COO, we urge all of you to kindly not pay attention to such false and misleading reports.

Regards,

SpeakAsia corporate Marketing team

Update from Corporate Marketing Team

                                                                          

Dear SpeakAsians,

Today morning yet again we have been targeted with a malicious and motivated news item in website of one of the Newspapers in India.

This news item wrongly states that our India operation COO Mr. Tarak Bajpai has disappeared. While Mr. Tarak Bajpai has undergone a surgery, he and the rest of the team have been cooperating with the law enforcement agencies as well as all other authorities looking into the allegations leveled against the company by some uninformed and motivated section of people.

All necessary actions are being initiated to try and stop such kind of malicious and un-substantiated news items from being reported. 

We once again appeal to you not to pay any attention to such kind of reports as they are completely false and motivated.

Regards,

SpeakAsia Corporate Marketing Team.

Supreme Court Hearing on October 17th, 2011.

                                                      

October 18th,2011.

Dear Panelist,

The Honourable Justice Dalveer Bhandari of the Supreme Court strongly reprimanded the Ministry of Finance and the Reserve Bank of India, for not having filled the reply affidavit, to the written petition filed by the panellists of Speak Asia. Ministry of Finance and the Reserve Bank of India were supposed to file their reply on or before the 10^th October 2011. Justice Dalveer Bhandari has asked Additional Solicitor general Kitit N. Rawal to ensure that both the respondents should file their affidavit before the next hearing. He also said that the casual attitude of the Government in this issue was very disturbing as it was the issue of the money and livelihood of so many people

  

Disposing before the bench of Justice Dalveer Bhandari and Justice Deepak Varma, Gopal Subramanian, senior council for Speak Asia explained the total business model of the company. He compared the business of Speak Asia to that of Ebay, where the consumer benefits most. He said this was a much better and refined version as the consumers not only got great deals but could also earn reward points that could be used to buy goods and services. He also emphasised on the training initiatives taken by the company. He lauded the extraordinary vision of the two Singapore based entrepreneurs and the unfortunate victimisation of the company

He urged the court to form a committee headed by Retd. Chief Justice R.C Lahoti, to facilitate the payments to be made to the panellists. He said that the company has the resources to complete all their obligations. He further added that the they have no problems with the ongoing investigations and had upmost faith in the law of the land.  He also appraised the court on how the company has been harassed on the basis of some unsubstantiated media reports, and was pursuing legitimate business in the internet space which is the future of all business transactions

The council for the panellist Mr.Mukul Rohitgi urged the court for immediate relief for the panellist. The Supreme Court was most inclined to set up a committee to look into all the issues of the company and its panaellists

The Supreme Court has also instructed the CBDT and the EOW – Mumbai police who have the records of all the payments to be made party to the case, to be present for the next hearing which will be in the next two weeks.

This is wonderful news for all Speak Asians, as they see a ray of hope not only in being able to receive the money that they have earned but also to continue to work and grow with Speak Asia but on the other hand we would also request you all not to trust any rumor or any fake document as there has been fake documents  circulating on the internet with fake stamp and sign of our chairperson.All official communication coming from SAOL will be on our official blogspot site which is

www.speakasiaonlinemarketing.blogspot.com and all the official e-mails will come from our following official e-mail id’s-

·  corcom@speakasiamarketing.com

            ·  marcom@speakasiamarketing.com

Regards,

SpeakAsia Corporate Marketing Team.

Update from Corporate Marketing Team

October 7, 2011.

Dear SpeakAsian’s

It has been quoted in certain sections of the online media that Mr. Sanjeev Dandona, has made a statement that is contrary to our business model.

We would like to state that this particular article is completely false and written with an aim of spreading misinformation about the company.

SpeakAsia has access to the written and signed statement of Mr. Dandona and there is absolutely no mention whatsoever of the statement that is mentioned in this article. Furthermore, the company has only been associated with Mr. Dandona only for the past 18 months and therefore it is outside our purview to comment on any issues that do not pertain our company or has been reported in the past.

We once again urge you to ignore such scandalous and misinformed information that are aimed at not allowing the company to re-start the operations at the earliest.

Warm regards

SpeakAsia Online Corporate Marketing Team.

Update from Corporate Marketing Team

Dear SpeakAsians,

Certain sections of the media have once again carried reports that are  false, unsubstantiated and  baseless allegations against the company.

 The arrest of Mr. Nayan Khandoor of Brand saloon Inc. is very unfortunate and disturbing.  Mr. Khandoor's company had been hired by SpeakAsia Online PTE. Ltd. to carry out the tasks of search engine optimization and adapting the content and language of the surveys that were uploaded to suit the Indian environment.

 Mr. Khandoor"s company did not create any content on his own and has only merely carried out a commissioned work given to him by the company. 

While the unfortunate trail by the media continues on our company, the authorities are yet to file a single charge sheet in the court despite taking  all measures that they deemed necessary for the investigation.

 This only leads us to believe that in absence of any substantial evidence against the company, the authorities are now aiming at spreading mis-communication with-in our SpeakAsia family. 

We are on our final lap and urge all of you to keep faith in the company and emerge victorious along with it.

Warm regards

SpeakAsia Corporate Marketing Team.

Important Update

Dear Panelist,

This is just to update and inform everybody that whatever information that you get on this website is authentic and all the recent updates come directly from the company management, so we are requesting all the SAOL family members not to believe any fake news or update. To our surprise that somebody has forged company’s letterhead and trying to misguide our family members, so we request you all not to get influenced by all this and not to believe. 

http://speakasiaonlinemarketing.blogspot.com is company’s official blogging site through which you get all the recent update from the company management directly.

Regards,

SpeakAsia Corporate Marketing Team

Press Release by SpeakAsia Online

Press Note

19th September 2011. 
Post the order from the honorable Mumbai High Court the Reserve Bank of India granted an audience to the representatives of Speak Asia. The representatives were met by a panel of six top officials of RBI who them a patient hearing. The meeting was held in a cordial environment were the officials had some queries on the presentation made.

Commenting on the occasion Speak Asia spokesperson said " We are extremely pleased with the approach and positive attitude of RBI. This is a great opportunity for us to present our business model to RBI. We believe that this is a great step to facilitate the payments due to our family of over 12 lac panelists".

The RBI has now given the company two weeks to come back will the answers to their enquires.


Your's Faithfully,
SpeakAsia Online Corporate Marketing Team

Message from Management

                                                                    

Dear Panelist,

Although we may not be physically with you in India, our thoughts are always with you – our loyal champions.  In this hour of crisis that has plagued SpeakAsia for some weeks now, we are most gratified that you have stood by us unreservedly in the midst of all the investigations and false allegations against SpeakAsia.

As you are aware to date, the authorities have not been able to file any charges against SpeakAsia.  To put it plainly, our operations are above board and all our transactions are legal.  In view of this, we are very confident that it is a matter of time that SpeakAsia will be in full operation in India.

It has come to our notice that some of SpeakAsia’spanelists may be hauled to the police station for questioning over the business operations of our company.  This is another attempt to undermine the company through our panelists.

We would like to assure you that SpeakAsia is solidly behind all the panelists and we would urge all of you to stand united in this trying period.  As the saying goes, “United we stand and divided we fall”. 

Finally, let us reiterate what SpeakAsia’s management has been saying all along.   We will overcome all obstacles thrown in our path.  Once we are allowed to resume our operations, we will bounce back with vigour.

SpeakAsia is here to stay and we are confident that we will succeed in our cause.  Together, we will triumph.

Yours sincerely

HarendarKaur                                                                Manoj Kumar

Chairperson                                                                    CEO - India

Update on Exit policy

Dear SpeakAsians,

We have launched the Exit Option on 10^th September 2011 which is open for all the panellist who wish to leave our family. Since our website and server is under the control of EOW Mumbai as a part of the on-going investigation, we are unable to launch any new information on that website in-order to keep you all updated and to find a platform to launch the exit option. We have registered a new official company site which is www.speakasiamarketing.com, this site is legitimate and is registered under the company’s name. So anyone of our family who wants to leave us can go to the above mention website and submit the details for the exit option.

Regards,

Harender Kaur

Chairperson & CEO

Exit Policy

Dear SpeakAsians, 

As communicated to you earlier on the exit option, we now request all of you who wish to exercise this option to kindly go the link mentioned below and complete the formalities as stated in the exit policy.

http://www.speakasiamarketing.com

Kindly forward this link to all other fellow Speakasians as well.

Warm regards

SpeakAsia Corporate Marketing Team

Communication from Chairperson & CEO Office

Dear Panelists,

Greetings,

This note to all of you is to refute some reports in the media on the fate of the company’s petition in the Supreme Court of India. The Honorable court has not dismissed our petition nor has made any adverse remarks against the company. The petition filed was withdrawn with no consequence by the company on the advice from very senior legal counsels.

On their advice we have and are taking various steps to protect your immediate interests such execution of the exit policy, business as usual and the long-term interest of your company. Our legal team, which incidentally is one of the best in the country, has been working relentlessly in this direction. The opinion of all these eminent lawyers is that we have not done anything illegal or have contravened the law in any manner whatsoever. They have assured us that we should expect some respite by the 10^th September 2011.

I personally request each one of you to stand by the company in this hour of need and help us resole the crises. We will only emerge stronger and greater from all this.

I will keep you posted of all developments as and when it happens.

With warm regards

Harendar Kaur

Chairperson & CEO

Update

Dear SpeakAsians,

Last Evening the Honorable Mumbai High Court rejected the extension of the police custody demand of the EOW Mumbai  police. Mr. Tarak Bajpaye our COO and the others who were in police custody till now are in judicial custody as of last evening. This now paves the way to file for their bail application. Hearing for this bail application has been fixed for the next working day of Mumbai High Court i.e.  August 16 ,  2011.

Eminent lawyer, Mr Ahmed Abdi represented lacs of panelist and showed the Honorable court the signature campaign signed by vast number of speak asia panelist. This was to state to the Honorable Court that a huge number of panelist of SpeaAsia want the company to resume its normal work as soon as possible so that they can all go back to work. 

The Company's lawyers also challenged the Police arrest of Mr. Rahul Shah on flimsy and very frivolous grounds.  As a result of this his bail application would also be heard on  August 16, 2011.

Friends This is a step towards resuming our aim of empowering every consumer in our great country. 

 

With Regards

Speak Asia Corporate Marketing Team.