Arrest Corruption and Fiscal Frauds to Save People and Nation
A. ' UNO General Secretary deeply regretted and cautioned the Countries to eradicate Corruption and Corrupt practices since this issue is the root cause of Torment/Torture, Afray/Assaults, uncertainty, use of Arms/ Terrorism, Drugs/Cheating, AND ILLEGAL HUMAN TRANSPORT ' .
Corruption and Corrupt behviour is increasing besides loot and misuse of wealth and Finances that to be set for ban. As UNO commented, the effect of Corruption and Corrupt Practices is resulting in deterioration of GDP by 5% .
1. Empowerment of Judiciary on implementation of Constitutional Mandates and Guarantees
2. Media commitment for legitimately secured Government Rule and Public Welfare
3. Promoting Safeguarding Whistle blowers, Police informers
4. Aadhar Card Linkage to all sorts of Financial Transactions of Rs.2,000/- and above including Subsidised issues, Grants, Reliefs etc.,
5. Limiting Cash Transactions to below Rs.2,000/-
6. Revision of IPC Punishments mandating compulsory enforcement of Chapters relating to Elections, Public Tranquility, Public Health Decency and Modesty, FISCAL FRAUDS RELATING TO PUBLIC AND GOVERNMENT , Religious Offenses
ARE TO BE FAST INITIATED AND IMPLEMENTED.
B. G – 20 Countries also unanimously resolved on [i] Joint Action on Fiscal Frauds [ii] United Control of Terrorism. Even hereafter, every Country shall stop defending Fiscal Offenders/Fraudsters/Criminals and Aggressors/Terrorists under any umbrella, pretext, even at Liberties of Business/Profession AND, Rights of Privacy/Secrecy.
Fiscal offences are deteriorating Country’s economy, seriously effecting GDP, causing Fall in Exchange Rate ; AND on the other-hand resulting in increase of World bank Loans, Grants in Aids of Foreign Countries.
Financial Frauds in Business, Agencies, Banks and Financial Institutions not only swallowing Citizen savings, National Income, National Wealth, but also resulting in increase of FDI even leasing to Foreigners as opted recently by some States which infact lead to inviting Merchant Rule for forever-loot which ultimately tenders another QUIT INDIA .
C. RBI, Serious Fraud Investigation Office and GOI to Unite or, prefer to Form a specific Council. Yes. Frauds purposefully or negligently allowed in Banks and Financial Institutions amidst functioning of CBS, LOU etc., and RBI . NCLT ; IBC also could not analyse/find in time.
Sri Raghuram Rajan Ex.RBI Governor reported that :- [1] NPAs were started during 2006 – 08 since the timely completion of power like Infra projects , Self sustainty in Economic Status were preferred by Banks in lending liberally on major projects and ventures .
[2] Banks also neglected self assessment of the project Estimates, Reports and did not observe/analyse the reasonable Investment of the Promoters while extending abnormal Loans . Banks also extended free hand in lending Such.
[3] Assumed that Corruption is also to some extent resulted in NPAs.
[4] These 3 cannot be individually set for the reasons of NPAs. But, it is obvious, the Banks acted on high Self-confidence and also did not Scrutinize the Technical and Commercial Project Reports of the Companies. For this, BANKS WERE RELAYED ON ‘ SBI Caps ; IDBI Bank and like opting Outsourcing ‘ . And, this is Dilution where by chances and means of influence and self interest of other’s gets increased.
[5] Cases where Frauds were identified though less than NPAs, Volume of cheating had been increasing due to NON COORDINATION between Banks and Vigilance Wings and said that he had initiated a Monitoring Cell while also forwarded a list of High Profile Cases to PMO .
[6] Sri Raghuram Rajan also said that he do not know whether there is any working on this Report/List AND SAID THAT THERE IS FAST NEED TO LOOK INTO TO ACT.
He also said that though RBI nominee’s existence in all PSBs, they will have no experience on the matters, issues, systems of Lending Business Loans .
ON THE WHOLE, the above reveal that there had been a willful set aside of requisite Duty on the side of Lending Banks ; on the side of the Promoter’s investment Bank ; AND, MAINLY THE WILLFUL NEGLECT BY THE GOVERNMENTS .
These three are individually responsible for the VOLUME OF FRAUDS TAKEN PLACE, IDENTIFIED ; AND ; THE ISSUES OF NPAs already identified and , those still in Deep Freeze .
[7] Sri Raghuram Rajan suggested : a. To improve Governing responsibility in PSBs .
b. Improve Self Scrutiny of project proposals and periodical Analysis of conduct of Accounts,
c. To be vigilant on the Loan Repayments and dues of installments
d.. To keep Public Sector Banks away from Government
e. Strengthen Loan Recovery Process and practice etc., are to be ever Monitored.
D. ON THE WHOLE THERE IS THE NEED OF ABOVE STRICT REGULATIONS TO CONTROL CORRUPTION AND FINANCIAL FRAUDS TO ENSURE GUARANTEED APPLICATION OF THE BENEFITS OF '' Aatmanirbhar Bharat Abhiyan "" / Self Reliant India , Education , Healthcare , Infrastructure and Agriculture .
E. The continued Corrupt Practices are given below
1.Continued Corrupt Practices in States to be curtailed Fast : 1. PDS Rice still set to Black Market found and Seized even when additional quota released on account of Coved-19
2.National Produces like Sandal, Opium (Ganjai) , Granites also found in transit and Seized every month
3.Corruption incidents reported, but found and Seized in Revenue and Registration Offices often
4.Direct ACB raids also Seized high volume of Currency, Gold, Documents of Properties frequently
5. Officers of Revenue , Registration , RTAs, Rtd. Govt Officers found possessing Currency even upto 98 lakhs besides Gold and Documents of Properties
Decades of failure in various wings of Policing , decades together Failure in enforcing several Chapters of IPC on Offences relating to Elections, Fiscal Frauds, Contempt of Authority of Govt and Courts, Public Health, Decency/Dignity and Public Tranquility etc., became chronic and continued more
Corruption and Corrupt behviour is increasing besides loot and misuse of wealth and Finances that to be set for ban. As UNO commented, the effect of Corruption and Corrupt Practices is resulting in deterioration of GDP by 5% .
1. Empowerment of Judiciary on implementation of Constitutional Mandates and Guarantees
2. Media commitment for legitimately secured Government Rule and Public Welfare
3. Promoting Safeguarding Whistle blowers, Police informers
4. Aadhar Card Linkage to all sorts of Financial Transactions of Rs.2,000/- and above including Subsidised issues, Grants, Reliefs etc.,
5. Limiting Cash Transactions to below Rs.2,000/-
6. Revision of IPC Punishments mandating compulsory enforcement of Chapters relating to Elections, Public Tranquility, Public Health Decency and Modesty, FISCAL FRAUDS RELATING TO PUBLIC AND GOVERNMENT , Religious Offenses
ARE TO BE FAST INITIATED AND IMPLEMENTED.
B. G – 20 Countries also unanimously resolved on [i] Joint Action on Fiscal Frauds [ii] United Control of Terrorism. Even hereafter, every Country shall stop defending Fiscal Offenders/Fraudsters/Criminals and Aggressors/Terrorists under any umbrella, pretext, even at Liberties of Business/Profession AND, Rights of Privacy/Secrecy.
Fiscal offences are deteriorating Country’s economy, seriously effecting GDP, causing Fall in Exchange Rate ; AND on the other-hand resulting in increase of World bank Loans, Grants in Aids of Foreign Countries.
Financial Frauds in Business, Agencies, Banks and Financial Institutions not only swallowing Citizen savings, National Income, National Wealth, but also resulting in increase of FDI even leasing to Foreigners as opted recently by some States which infact lead to inviting Merchant Rule for forever-loot which ultimately tenders another QUIT INDIA .
C. RBI, Serious Fraud Investigation Office and GOI to Unite or, prefer to Form a specific Council. Yes. Frauds purposefully or negligently allowed in Banks and Financial Institutions amidst functioning of CBS, LOU etc., and RBI . NCLT ; IBC also could not analyse/find in time.
Sri Raghuram Rajan Ex.RBI Governor reported that :- [1] NPAs were started during 2006 – 08 since the timely completion of power like Infra projects , Self sustainty in Economic Status were preferred by Banks in lending liberally on major projects and ventures .
[2] Banks also neglected self assessment of the project Estimates, Reports and did not observe/analyse the reasonable Investment of the Promoters while extending abnormal Loans . Banks also extended free hand in lending Such.
[3] Assumed that Corruption is also to some extent resulted in NPAs.
[4] These 3 cannot be individually set for the reasons of NPAs. But, it is obvious, the Banks acted on high Self-confidence and also did not Scrutinize the Technical and Commercial Project Reports of the Companies. For this, BANKS WERE RELAYED ON ‘ SBI Caps ; IDBI Bank and like opting Outsourcing ‘ . And, this is Dilution where by chances and means of influence and self interest of other’s gets increased.
[5] Cases where Frauds were identified though less than NPAs, Volume of cheating had been increasing due to NON COORDINATION between Banks and Vigilance Wings and said that he had initiated a Monitoring Cell while also forwarded a list of High Profile Cases to PMO .
[6] Sri Raghuram Rajan also said that he do not know whether there is any working on this Report/List AND SAID THAT THERE IS FAST NEED TO LOOK INTO TO ACT.
He also said that though RBI nominee’s existence in all PSBs, they will have no experience on the matters, issues, systems of Lending Business Loans .
ON THE WHOLE, the above reveal that there had been a willful set aside of requisite Duty on the side of Lending Banks ; on the side of the Promoter’s investment Bank ; AND, MAINLY THE WILLFUL NEGLECT BY THE GOVERNMENTS .
These three are individually responsible for the VOLUME OF FRAUDS TAKEN PLACE, IDENTIFIED ; AND ; THE ISSUES OF NPAs already identified and , those still in Deep Freeze .
[7] Sri Raghuram Rajan suggested : a. To improve Governing responsibility in PSBs .
b. Improve Self Scrutiny of project proposals and periodical Analysis of conduct of Accounts,
c. To be vigilant on the Loan Repayments and dues of installments
d.. To keep Public Sector Banks away from Government
e. Strengthen Loan Recovery Process and practice etc., are to be ever Monitored.
D. ON THE WHOLE THERE IS THE NEED OF ABOVE STRICT REGULATIONS TO CONTROL CORRUPTION AND FINANCIAL FRAUDS TO ENSURE GUARANTEED APPLICATION OF THE BENEFITS OF '' Aatmanirbhar Bharat Abhiyan "" / Self Reliant India , Education , Healthcare , Infrastructure and Agriculture .
E. The continued Corrupt Practices are given below
1.Continued Corrupt Practices in States to be curtailed Fast : 1. PDS Rice still set to Black Market found and Seized even when additional quota released on account of Coved-19
2.National Produces like Sandal, Opium (Ganjai) , Granites also found in transit and Seized every month
3.Corruption incidents reported, but found and Seized in Revenue and Registration Offices often
4.Direct ACB raids also Seized high volume of Currency, Gold, Documents of Properties frequently
5. Officers of Revenue , Registration , RTAs, Rtd. Govt Officers found possessing Currency even upto 98 lakhs besides Gold and Documents of Properties
Decades of failure in various wings of Policing , decades together Failure in enforcing several Chapters of IPC on Offences relating to Elections, Fiscal Frauds, Contempt of Authority of Govt and Courts, Public Health, Decency/Dignity and Public Tranquility etc., became chronic and continued more
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Empower Centralise and Energise Policing . A. Today 7-9-20 SC Confined that : "Authorities have to act on their own and cannot hide behind Courts... Public Places cannot be occupied indefinitely like during the Shaheen Bagh Protests" . B. In February 2020 SC in the same issue directed that : (1) The Case on Citizenship is pending in Supreme Court (2) Law do not permit Blocking of Roads and Protesters advised to vacate and shift to an open Place (3) Public inconvenience is not Allowed and leads to Action by Law and Order . C. In early 2019 SC in the issue of JK directed that it's Govt duty to maintain Law and Order. D. Politicians and their Supporters taking several issues of Offences projecting Cast or Community or Religion side-tracking IPC and Constitutional Mandates in true perspectives . *POLICING had been Cornered,/ Diluted by all Constitutional Bodies over 2 Decades. They were warned if they Act . They were humiliated if delayed Action. Judiciary had been silent over 2 Decades though IPC totally unenforced on TOP ISSUES OF Offences relating to ;;; Religion ;;; Public Tranquility ;;; Public inconvenience , Safety , Morals ;;; Contempt of Court ;;; Contempt of Lawful Authority of Govt . HOW POLICE CAN DISCHARGE THEIR SWORN IN DUTIES ??? Everybody had been Escaping Suppressing Police Duties . Everybody is Enjoying AT THE COST OF POLICE DUTY. This is why Rule of Law , Law and Order together with Law and Justice ARE FAR FROM DUTY BOUND UNDER THE CONSTITUTION . All Constitutional Bodies need Strict Reformatory Regulations ON TOP PRIORITY TO MAKE ALL BOUND TO OBJECTIVES CONTEMPLATED IN THE CONSTITUTION . more
Oct 08
Be noted that "Corrupt Practices" are mainly related to Govt. There are hardly cases of "Corrupt Practices" in private, except exceptional like ICICI. The Law to the effect is also clear. However the Fundamental Rights can't be compromised with this as thous are Fundamental. The New Medical Details of Individual's Policy is unvailing, on the background of Karla Govt. decision consenting use of Cell Phone conversation to track the Corona Contacts - whereas SC had clearly stated Phone Tapping is in adverse with Fundamental Rights. Whooping Rs. 10 Lac Crors of NPA in addition to the Present Rs. 3 Lac NPA (Estimated) are good examples wherein Lenders and lendee are in hand in gloves with each other to dupe the Society - Banks & Financial Institutions in particular. This is not less than "Corrupt Practices". more
Aug 29
Bofores Urea Sugar Hawala Stamps 2G , Granite and Coal Mines PDS Subsidies , Grants and Low-Free interest etc etc coupled with THOUSANDS OF CRORES BLACK MONEY USAGE IN ELECTIONS ; All all are known to all Governments , Parliament and Judiciary , to All State Governments , Legislatures and Judiciary .
RULE OF LAW HAD BEEN SEARCHING FOR LAW OF JUSTICE decades together in Indian Constitutional Territory .
In such Unjustified stature , PRESIDENT OF INDIA , SUPREME COURT OF THE COUNTRY AS WELL AS SECURITY SERVICES OF THE INDIAN TERRITORY PUT TOGETHER ONLY CAN Arrest Corruption and Corrupt Practices , Financial Frauds and Funds Loot carried in almost SECTORS OF RULE AND LIFE . more
RULE OF LAW HAD BEEN SEARCHING FOR LAW OF JUSTICE decades together in Indian Constitutional Territory .
In such Unjustified stature , PRESIDENT OF INDIA , SUPREME COURT OF THE COUNTRY AS WELL AS SECURITY SERVICES OF THE INDIAN TERRITORY PUT TOGETHER ONLY CAN Arrest Corruption and Corrupt Practices , Financial Frauds and Funds Loot carried in almost SECTORS OF RULE AND LIFE . more
Aug 30
PL. Observe AMENDED protection offered to BABUS. It is only the Election Manifesto to get the votes. Ground realities far away. In a given case - Written complaint was lodged with ACB along with Documentary evidences of ILLEGAL TRANSFER & REGISTRATION of Vehicle in Other's name - without any signature, consent, authorization etc of REAL OWNER, who after around TWO years given response that Complaint with relevant Document are forwarded to RTO Dept. (As if ACB is working under RTO) Whereas, Complaint was against RTO Personnel's and None other. TOTAL FRAUD COMPRISES Rs. 54,00,00,000/- TILL DATE NO ACTION. ANY SUGGESTION/S????? THIS IS GROUND REALITIES. more
Aug 29
Corrupt Practices rooted in all Govt Depts , Financial Institutions, Banks since after 1995 cornering Policing while Judiciary kept Insufficient and Inadequate SINCE 1975 onwards .
SC also did not agree to Link Aadhar Card to Bank Accounts and Phones considering THE RIGHT OF INDIVIDUAL PRIVACY .
Even now the Indian Judiciary to Uphold the interest of General Public and National ECONOMY . ARTICLE 19 CLAUSES 2 TO 6 THAT ARE BASED ON CITIZENS AS A WHOLE SHALL BE THE 1st Preference than the Concealed Nature of Individuals, Institutions AS FAR AS PUBLIC AND NATIONAL ECONOMY , PUBLIC TRANQUILITY AND DECENCY .
Reforms are fast needed to this extent under Preamble Guarantees more
SC also did not agree to Link Aadhar Card to Bank Accounts and Phones considering THE RIGHT OF INDIVIDUAL PRIVACY .
Even now the Indian Judiciary to Uphold the interest of General Public and National ECONOMY . ARTICLE 19 CLAUSES 2 TO 6 THAT ARE BASED ON CITIZENS AS A WHOLE SHALL BE THE 1st Preference than the Concealed Nature of Individuals, Institutions AS FAR AS PUBLIC AND NATIONAL ECONOMY , PUBLIC TRANQUILITY AND DECENCY .
Reforms are fast needed to this extent under Preamble Guarantees more
Aug 29
Registrar guarding the office of SDM is a rich man,courtesy ancestors land assets passed on to him He feels below his dignity of taking orders from a woman SDM How come? Reservations got him a job and Reservations didn't teach him anything about Work culture more
Aug 29
A Tahsildar took 1.1 Crore Bribe for a Land Ownership issue. He is caught with other Crores of Wealth accumulated with Black Money . Every Week Any Govt Dept , Any Anti Nationalist , Any Criminal , Any Economic Fraudster IS BEING ARRESTED including the Issues of PDS , Forest Produces , Drugs , Gold , and Corrupt Activities where Women Teams are also involved . DENY OF AADHAR LINKAGE TO ALL FINANCIAL ISSUES , Bank Accounts , Phones , Voter Lists BY H'ble SUPREME COURT UPHOLDING PRIVACY AND INDIVIDUAL SECRECY is the Root Cause of all Fiscal Frauds , Corruption , Black Money Generations and Crimes in the Country DEPRIVING GENERAL PUBLIC . GOI AND H'ble PRESIDENT OF INDIA TO EVEN NOW PUT AN END OF SUCH ECONOMIC FRAUDS AND SAVE FINANCES OF THE PEOPLE , PUBLIC AND NATIONAL ECONOMY honouring the ultimate Responsibility of Preamble Guarantees of the Constitution . Localcircles Management is requested to move this most important Essential issue in order to GIVE EFFECT TO PUBLIC SAFETY AND WELFARE FROM THE SCHEDULED 'ATMANIRBHOR STIMULUS PACKAGE' . more
Aug 28
