WORD FOR WORD: Vedanta boss Anil Agarwal mocking Zambians on how he milks $500 million every year from KCM when he just bought it at $25 million.
And some people say Mwanawasa was a great leader?
See the video here
00:02 7-8 years back, hunger remains to do big work
00:07 pondering what to do
00:08 how can we let life go in vain?
00:10 I saw it in the paper FT (Financial Times)
00:11 (drinks mineral bottled water )
00:16 there was largest copper mine in Africa
00:21 that copper mine was up for sale
00:26 that government was privatizing it
00:28 I got quite interested in it
00:29 I asked few people, they replied, “aren’t you ashamed?”
00:30 “what ridiculousness you are talking of?”
00:34 I told them – “where is the problem in talking?”
00:36 “speak to them let us see…”
00:38 Then he saw it, it was a big deal
00:41 I have a friend in McKensey – Ranjit Pandit
00:46 I went to him, asked him to make papers
00:48 “Make the papers beautiful, professional”
00:50 Papers were prepared. We kept it at 400 million.
00:56 In pocket we do not have 4 million!… bidded for 400 million!
00:59 25 million … 25 million that we ha ha ha …
01:03 Take chance in life definitely!
01:06 All people sitting there… Take chance!
01:08 If you won’t take chance, nothing will happen
01:10 (Clapping, Whistling… )
01:16 Why we are different –
01:17 different because we take chances
01:18 I told we have to take chance
01:20 Then we said “25 million we will give you cash
01:25 and 325 million we have to invest in
01:27 making the machines running”
01:29 We forgot the matter, and suddenly
01:31 in about a month or so, we received calls
01:33 they invited us. We called up and inquired
01:36 They confirmed “this company is yours”
01:37 “really ?”
01:38 I took one of our engineers and went to Johannesburg
01:42 and further changing flight there to Lusaka
01:45 When we arrived there, were surprised to receive
01:48 VVIP treatment there, red carpet, entire govt machinery
01:50 has arrived at airport to receive us. Surprised seeing such
01:53 arrangement we asked someone. “Its all for you sir”.
01:55 “How many people you have in the delegation team?”
01:57 Ministers, VVIP vehicles, cavalcade… We were told “you
01:59 will be going to the parliament today; and President’s place as well”
02:03 “Where are your people? Its necessary to meet the President.”
02: 09 repeatedly we were asked “where is your delegation?”.
02:12 I asked “what delegation? We are the delegation only”.
02:21 We were taken to the President. The President… “Your excellency
02:24 We are 30 people in our delegation. But we missed the flight
02:27 at Johannesberg.”
02:30 (Audience Laughs)
02:31 “Can you wait till tomorrow?
02:33 They all will come”
02:34 (imitating President) “No No No The Parliament is tomorrow,
02:37 we have to decide today.”
02:39 “Key is ready”
02:40 “Are you ready ?“
02:42 (imitating self) “I am ready, I am always ready
02:44 I will handle it”. (Laughing)
02:49 And they came, what a Parliament House!… first time I saw.
02:53 I had held a bead necklace (in name of God RAM) and
02:55 kept chanting, moving ahead
02:58 With my smiling face
03:01 When I seated there with my man, the President came
03:04 and sat by our side. He told the entire parliament
03:07 that what great people we are,
03:09 and our empire, and that they will
03:11 make our lives gorgeous. And they will
03:13 make schools, make hospitals and blah blah …..
03:16 We just kept watching chanting Gods name there.
03:20 All you make, what we make !!! Ahhh ha ha ha ha ha ha
03:30 We took over the company. Its been 9 years, and
03:35 since then every year it is giving us a minimum
03:38 of 500 million Dollar plus 1 Billion Dollar every year
03:41 has been continuously giving back.
03:45 It’s a matter of taking a chance. I will keep
03:47 telling you stories. We had oil company. They told us
03:51 no one else can buy oil company.