Details of cases related to bank frauds and embezlement cannpt be denied
This is a discussion on Details of cases related to bank frauds and embezlement cannpt be denied within the Appeals & decisions forums, part of the RTI News, Circulars and Decisions category; CIC has ruled that case and other details cannot be denied under RTI. After carefully considering the submissions of both the sides, we are of the view that whatever information ...
- 05-20-2012, 02:05 PM #1
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Details of cases related to bank frauds and embezlement cannpt be denied
CIC has ruled that case and other details cannot be denied under RTI.
After carefully considering the submissions of both the sides, we are of
the view that whatever information the bank may have centrally on the subject,
possibly in the form of any report they might have sent to the RBI, should be
disclosed. To claim that cases of fraud and embezzlement must be kept under
wraps to protect the reputation of the bank cannot be accepted as it flies in the
face of practice of transparent methods which is expected of every public
authority. Such cases cannot be classified as information in the nature of
commercial confidence. The public has a right to know about such acts
committed in the bank either by its own employees on their own or by others
independently or in collusion. In fact, the disclosure of such information would
alert everyone, both inside and outside of the bank, to be more watchful and
prevent such acts in future.
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The Following 3 Users Say Thank You to karira For This Useful Post:
ganpat1956 (05-21-2012), umapathi.s (05-21-2012), vsprajan (05-20-2012)




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