Preetha Krishna

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Preetha Krishna
Preetha Krishna
Born (1974-12-02) 2 December 1974 (age 49)
Chennai, India
NationalityIndian
Other namesKrishnapreetha Ramabagavaddasa
EducationMasters in Business Administration
Alma materEthiraj College for Women
Occupation(s)Co-founder and vice-chairperson of White Lotus Conglomerate
Known forDaughter-in-law of Kalki Bhagawan
SpouseKrishna Nemam Kurral Vijay Kumar
WebsiteOfficial website Edit this at Wikidata

Preetha Krishna (also known as Preetha Ji, Preetha ji, Preethaji and Krishnapreetha Ramabagavaddasa; born 2 December 1974 in Chennai[1]) is the daughter-in-law of Indian godman and cult leader Kalki Bhagawan.[2] She is the co-founder and vice-chairperson of White Lotus Conglomerate.

Education[edit]

Preetha Krishna attended the C.S.I. Ewart Matriculation Higher Secondary School in Chennai and received her Bachelor of Commerce[1] at the Ethiraj College for Women in Chennai. She then pursued a Masters in Business Administration at the University of Southern Queensland in Toowoomba, Australia.[1] She also has masters in philosophy from Madurai Kamaraj University in Madurai, Tamil Nadu.[1]

Teaching and wellness programs[edit]

In 2002 Preetha Krishna founded the Women's Movement for the Golden Age in Bangalore.[3] In 2009 along with her husband, N.K.V. Krishna, also known as 'Krishnaji', she co-founded One World Academy, a philosophy and meditation school in Kanchipuram,[4] that later turned into O&O Academy.[5] She led a morning staff meeting at William Morris Endeavor,[6] two sessions at the Sun Valley Wellness Festival in Idaho.[7] and was part of the 2nd Eurasian Women's Forum, which took place in Saint Petersburg in September 2018.[8] Preetha and N.K.V. Krishna consulted with life coach Tony Robbins on how they could promote their courses to westerners.[9] Her husband claims to be a guru with 10 million followers in India.[10]

White Lotus Conglomerate[edit]

Preetha Krishna is the daughter-in-law of businessman and spiritual teacher Vijay Kumar Naidu, also known as 'Kalki Bhagawan'. Along with her husband, father-in-law and mother-in-law, she runs[11] the White Lotus Conglomerate – an enterprise that includes real estate, property development, energy, media and sport.[12] Preetha Krishna is co-founder and Vice Chairperson of White Lotus Conglomerate.[13] In addition, she sits on the board of family businesses with names including Kosmik/Kosmic, Sacredbanyan, Transend, KPL, Bluewater, Golden Lotus, Goldenage, Chatrachaya, Yogi and Enlite.[9] Many of these businesses exist only as mailing addresses.[9] Preetha Krishna is a director of Kosmik Music and production company Kosmik Global Media, which owns the Bengaluru Bulls, a Pro Kabaddi League team.[14][13]

The White Lotus Investment Group is based in Dubai, and has invested in The Pinnacle tower in Nairobi, the tallest in Africa, which is currently under construction.[15] The Pinnacle is a joint venture between White Lotus, Jabavu Village and the Hass Petroleum Group.[16] Between them, the White Lotus and Hass organisations are investing about US$200 million in the Pinnacle project.[17] However, as of September 2019, construction of the Pinnacle had stalled.[18][19] During 2019, the White Lotus Projects group was found to be in contempt of court for proceeding with the Pinnacle project in violation of two court orders issued in 2017.[20]

The White Lotus Group owns the 1930s Redick Tower building in Lincoln, Nebraska which, after a $7 million re-development, it re-opened in 2010 as the Hotel Deco XV.[21] The group has offices in Chicago and Omaha, Nebraska.[22]

Income tax raids[edit]

In October 2019, the Income Tax Department raided about 40 premises associated with the White Lotus Conglomerate. During the raid, the department confiscated cash and gold approximately worth $12 Million USD and unaccounted cash receipts for the amount of $55 Million USD from the fiscal years 2014 and 2015 onwards, according to the Indian Ministry of Finance. The investigation is in progress.[23] Preetha and her husband were questioned by the Income Tax Department. Krishna also runs several companies that are into real estate, construction, publishing and micro-finance.

The enforcement directorate registered a case against 'Kalki' Bhagawan and N.K.V. Krishna under the Foreign Exchange Management Act.[24] The Madras High Court granted time for the Income Tax Department to file its counter affidavit to a writ petition preferred by Preetha Krishna against a ‘look out circular’ issued by the department preventing her from flying abroad without an Income Tax Department clearance certificate.[25] Preetha Krishna's request to travel to the USA and Ukraine was denied by the Income Tax Department assistant director K Mahadevan, who said that her presence would be necessary for the investigation.[26]

References[edit]

  1. ^ a b c d Preethaji on Biography Online
  2. ^ Ram, Arun (17 June 2002). "Kalki Bhagwan controversy: Tamil Nadu-based godman encounters spate of accusations". India Today. Retrieved 11 April 2020.
  3. ^ Movement to empower women launched. Article in The Times of India from 18 February 2002.
  4. ^ "Preetha ji – HuffPost". www.huffingtonpost.com. Archived from the original on 13 June 2018. Retrieved 13 June 2018.
  5. ^ "Who We Are – O&O Academy". oo.academy. Archived from the original on 13 June 2018. Retrieved 13 June 2018.
  6. ^ Ari Emanuel Brings Meditation to WME-IMG With Tony Robbins Archived 25 August 2017 at the Wayback Machine. Article by Chris Gardner from 21 July 2017 in The Hollywood Reporter.
  7. ^ "Sun Valley Wellness Festival 2018". register.growtix.com. Archived from the original on 13 June 2018. Retrieved 13 June 2018.
  8. ^ Preetha Krishna at the Eurasian Women's Community (russian)
  9. ^ a b c "The Cult of Kalki Bhagavan". Open The Magazine. 1 November 2019. Retrieved 2 May 2020.
  10. ^ "Society once had religion to give it purpose. Now it has wellness coaches". British GQ. Retrieved 2 May 2020.
  11. ^ Imranullah, Mohamed (22 November 2019). "'Kalki' Bhagavan's daughter-in-law moves HC against 'look out circular'". The Hindu. ISSN 0971-751X. Retrieved 26 April 2020.
  12. ^ "WLCONGLOMERATE". wlconglomerate.com. Archived from the original on 21 August 2017. Retrieved 13 June 2018.
  13. ^ a b "Preethaji". Conscious Capitalism. 17 May 2019. Retrieved 3 May 2020.
  14. ^ "Bangalore franchise kabaddi team launched". Business Standard India. IANS. 16 July 2014. Retrieved 3 May 2020.
  15. ^ "Nairobi's tallest building planned". Deccan Herald. 22 December 2016. Retrieved 3 May 2020.
  16. ^ "Hilton kicks off second Nairobi high-end hotel". Business Daily. 23 May 2017. Retrieved 2 May 2020.
  17. ^ Monks, Kieron. "Work begins on the tallest skyscraper in Africa". CNN. Retrieved 3 May 2020.
  18. ^ "Africa's tallest building aims to be a standout". The Business Times. 24 September 2019. Retrieved 3 May 2020.
  19. ^ Wambu, Wainaina. "Nairobi's elegant office space that no one wants". The Standard. Retrieved 3 May 2020.
  20. ^ "Dubai tycoons sought for contempt of court". Kenyan Tribune. 7 February 2019. Retrieved 3 May 2020.
  21. ^ "Hotel Deco XV is Deco'd out". smallmarketmeetings.com. Retrieved 9 May 2020.
  22. ^ "Vacant school about 1 mile west of the former Northridge Mall proposed for 100 affordable apartments". Milwaukee Journal Sentinel. Retrieved 2 May 2020.
  23. ^ "Income Tax Department conducts Search on a "wellness group" in Chennai". Pib.gov.in. 16 October 2019. Retrieved 1 March 2020.
  24. ^ "Mystic and the moolah". The Week. Retrieved 9 February 2020.
  25. ^ Imranullah, Mohamed (22 November 2019). "'Kalki' Bhagavan's daughter-in-law moves HC against 'look out circular'". The Hindu. ISSN 0971-751X. Retrieved 9 April 2020.
  26. ^ Sivakumar, B. (21 December 2019). "Kalki Bhagavan case: 900 acres of benami land attached by I-T". The Times of India. Retrieved 9 April 2020.

External links[edit]

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