Latest in raw - LIS gave croes to desabhimani news paper.
LIS was a successful company, DB is not sure about the business ethics or its revenue model. but we knew several people who invested in LIS and got a nice margin as LIS offered them.
but one fine day, suddenly some rumours and financial allegations were reported against LIS.
that was exactly a week or two before oooman chandi's resignation from CM post.
The tremendous growth and popularity of LIS challenged one of the leading players in this sector. Muthoot group. they are having a wide chain within kerala and running their blade business successfully over the years. and Omman chandi's daughter is married by a muthoot family member.
so they planned a played a drams very well. oomman chandi forced the LIS to close all of its business until a further notification from court. but still DB remember, LIS - how gentle they are. they constanly published advertisements to its customers and promised that they will give back all the investments to them
Then how comes it in CPI/M? LIS closed and that kind of business is almost banned by the court. so they started in a new name. Jyothis. for overriding the courts order- they need some helping hands from the rulers of kingdom. thats the Communist party.
We cannot blame LIS/Jyothis. they always kept their promise as they gave.
here the villain is ooman chandi who played a dirty politics against them.
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