During the election campaign Navin Ramgoolam regularly referred to the illegal betting market and the odds of 495:500 in favour of the PTR-MMM alliance. He always tried to convince the electorate that the best indicator of PTR-MMM’s future victory of the 10th December elections is the Rs 495:500 betting odds in favour of PTR-MMM alliance. Navin Ramgoolam therefore trusted that the illegal political betting market out there could best distill the numerous feedbacks coming from the electoral campaign activities down to the one simple predictive number of 495:500 in favour of PTR-MMM alliance. How much has Navin Ramgoolam invested in that illegal political betting market to manipulate the odds and maintain it to such an unrealistic figure of 495:500 ? From information which we have Navin Ramgoolam has invested some MRU 500 million just to keep the bets of 495:500 in favour of the PTR-MMM alliance. He had to intervene three times in this illegal political betting market as it went to its real level of 370:500 in favour of Alliance Lepep.
Posted on: Thu, 11 Dec 2014 12:05:57 +0000
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