It is reported that 300000 crores of rupees Indian black money is parked in foreign banks by big shots, tax evaders, officers and politicians. Government does not want to take action against them because the black money is earned and remitted to foreign banks only by indirect support of ministers, officers, politicians and domestic banks.
More than 300000 crores of rupees as tax defaults is not recoverable from High net worth businessmen and professionals because it is these tax
Prompt justice, prompt punishment to guilty, prompt registration of FIR in Thana and prompt action by police personnel, prompt movement of files in all offices, election and recall of public representatives and so on…. All these are possible only when the culture of flattery and yesmanism is stopped completely.
Honest workers have always fear of wrong posting and rejection in promotion processes if they do not flatter their bosses or bribe them.. Honest person fear in knocking
Why not General Manager, Executive Directors and CMD of banks and financial institutes are suspended till date even though they were found to be involved in Bribe based lending scam exposed by CBI. Why properties of corrupt officials not seized till date? Why not RBI officials or Finance Minister have been punished for choosing wrong ED and Corrupt CMD for a bank.
On 24th November CBI charged several high rank officers of bank and LIC housing Finance Company of lending huge money
Why not General Manager, Executive Directors and CMD of banks and financial institutes are suspended till date even though they were found to be involved in Bribe based lending scam exposed by CBI. Why properties of corrupt officials not seized till date? Why not RBI officials or Finance Minister have been punished for choosing wrong ED and Corrupt CMD for a bank.
On 24th November CBI charged several high rank officers of bank and LIC housing Finance Company of lending huge money
Housing scam which surfaced yesterday and which resulted in arrest of eight high rank bank officials are only tip of the iceberg. Corrupt officers are sitting on top post of each bank and hence they ensure promotion to only those who are expert in the art of earning money and who is number one corrupt. Interview panel in each promotion process gives the scope to pick and choose yesman for branches where some money can be earned.
Whimsical posting and arbitrary promotion in banks
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