I've got some fake news about Sheena to correct, and some real news about Gurinder Singh Dhillon's unpaid debts to share.
First, yesterday a commenter on one of my posts, Neha, said that Sheena is back at the Dera -- which is the Indian headquarters of Radha Soami Satsang Beas, a spiritual organization headed up by Gurinder Singh Dhillon, who faces increasing legal troubles about death threats he's reportedly made and massive unpaid debts (described below).
Someone who knows Sheena emailed me today, saying:
"Have been asked to tell you that Sheena is not back at Dera nor has she visited there. This is just not true!"
I'm assuming that it was Sheena herself who did the asking to refute the fake news about her returning to the Dera. Sheena (not her real name) wrote a tell-all book about her relationship with Gurinder Singh Dhillon during the time she lived at the Dera and worked with the guru.
I don't know how the false rumor about Sheena returning to the Dera originated. But it might relate to the guru's increasing legal problems. Perhaps the powers-that-be at the Dera want to foster an image of the guru as someone with mystical powers that can bring his critics back into his godly embrace.
Well, so far those powers haven't been on display.
Business Today in India has a new story about Gurinder Singh Dhillon, "Baba acknowledged unpaid dues that crippled the Singh empire in May, 2018; Malvinder submits evidence to EOW." (Just to be clear, it is the letter that dates to May 2018, not the crippling of the Singh brothers empire.)
Download Baba acknowledged unpaid dues that crippled the Singh empire in May 2018
Even though Gurinder Singh Dhillon-'Babaji'-the spiritual head of the Radha Soami Satsang Beas (RSSB) has in the past refused to respond to Business Today's emails and questions related to his financial dealings with the Singh brothers, he acknowledged the unpaid dues to Singh brothers as recently as May 27, 2018, according to annexures filed by Malvinder Singh in his complaint before the Economic Offences Wing.
The complaint claims Dhillon, his family members, his close associates, Godhwanis and/or companies owned/controlled or managed by them received loans worth Rs 1,006.3 crores. The complaint also claims the "The true extent of the financial fraud has not come to light as the entities are tightly controlled by the accused and requires a thorough investigation". Total dues claimed were in excess of Rs 8,646 crore as of March 31, 2016.
Dhillon family and RSSB associates are believed to have been lured by the real estate sector, which was delivering phenomenal returns between 2008 and 2011. Recipient companies raised more loans to buy real estate. But once the realty market collapsed they got trapped.
Singh brother's inability to recover the money from Dhillon and associates is believed to be the key reason behind the brothers' inability to pay off loans in group companies. Their pledged shares were invoked by lenders, resulting in loss of control over Fortis and Religare and the collapse of the Singh empire.
Here's the letter signed by the guru that Business Today shared in the story.
This letter shows that Gurinder Singh Dhillon was aware of the billion-dollar-plus debt he and his family owes to Malvinder and Shivinder Singh. As reported in news stories yesterday, Shivinder was willing to forgive the debt in exchange for being promised that he'd become the next RSSB guru.
But Malvinder wanted the money back, which he claims resulted in death threats being made against him by the guru.
Regarding the Business Today story excerpt shared above, I can't resist noting that Gurinder Singh Dhillon is believed to be "God in human form" by his devotees.
I'm wondering how those devotees can reconcile his supposed divinity with the fact that Dhillon made some astoundingly bad real estate decisions, which led to the downfall of the Singh brothers financial empire. Plus, the guru now is accused of making death threats against Malvinder Singh and refusing to pay back the money owed to Malvinder.
Either (1) the guru really isn't godly, or (2) he's being falsely accused of serious wrongdoing despite solid evidence of the misdeeds. My bet is on #1.