Beware of fraud, cheating by ICICI BANK & GANG!

This is for the benefit of the general public and victims; if any!

ICICI BANK and its group companies, special the insurance companies like the ICICI Prudential Life Insurance company indulge not only in breach of trust, conspiracy to cheat but in a diabolic manner invent fake, fabricated documents in the name of unconnected person (whose KYC details as an already existing customer are used) and influence Judiciary through unscrupulous Lawyers and willing employees to employ further illegal methods to evade punitive action by the Law.

It is unfortunate, that a few Law officers willingly assist this fraud companies and impede judicial proceedings and justice.

Despite registering FIR u/s 420 (cheating), 467(forgery to cheat). 468 (forgery), 471 IPC (using and circulating fake, forged document copies), these fraudsters are deliberately failing to produce the originals of the incriminating documents to police and are misleading the police with false, concocted and distorted aspects to derail process of justice.

These fraud companies are not producing the original documents which would seal their fate and might have destroyed the incriminating documents to hoodwink the Law.

ICICI BANK has not only violated the Law provisions in force in the Country but has violated the guidelines and directives of the RBI.

ICICI PRUDENTIAL Life Insurance has, to assist its dominating partner in the ICICI GROUP, mocked a process of proposal for insurance of inability to repay a loan which it can not insure and against the directives of IRDA & industry practice for over 5 months instead of rejecting the fake application form within 3 days.

Not only that, ICICI PRUDENTIAL circulates this fake and forged application form showing an unconcerned person as a LOAN CO-APPLICANT even when the subject loan does not have any loan co-applicant.

This is done to assist in protecting the crimes of its dominating partner ICICI BANK and its own crimes and gives false statements in writing which changes every time police seek compliance to s. 91 Cr.P.C.

This gang from the ICICI GROUP does not care what consequences ensue to the unfortunate and unsuspecting victim and their families.

This strength which ICICI BANK abuses is on account of the money power that it has easy access to the public money and clout with the powers that be.

Any similar occurrence in the USA or UK or Europe would have found stringent and detrimental & prompt action against the culprits but here in our India, justice is delayed beyond a commoner's endurance.

Beware of any of you becoming a victim of this gang!!! more  

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IDBI ; Industrial Credit and Investment Corporation of India ICICI those formed for developing Industries for Economy boost in India to provide provisions of article 21 , 15 [4] ,45 , 46 and 47 THROUGH State Financial Corporations ; State Industrial Development Corporations added with Industrial and Technical Consultancy Organizations those opted for investing Companies through PREFERENTIAL SHARES at compulsory % appropriation limiting to a maximum of 5 years for Disinvestment ; as well as Equity Share Capital below 25% to allow these in Private Sector == getting refinance from IDBI & ICICI ;;;; MADE DILUTED . opting Rescheduling with Funding , offering Maximum Discount & Waive off since after 1995 . Since then , the Prudential Insurance System also was started & the Govts. also stepped ahead by reducing the Income Tax from 55% + to about 30% also befitted the whole BANKING SECTOR ALSO SET AT PRIVATE AND CORPORATE INTEREST OF BUSINESS AND APPORTIONS . The whole public interest oriented concept of Smt. Indira Gandhi " NATIONALIZATION OF BANKS " finally lead to differed interests as at 1990 itself and Sri P.V.Nartsimharao Ex PM had to assist those poor of no Self Earning Opportunities even from Nationalized Banks to HAIL- AWAY FROM INDIA to Gulf Countries etc., The failure & diversification of the object of Banks Nationalization had thus rooted and routed befitting only the Businessmen of such concern of anti public ethics and anti-national options . Further , the Banking Institutions , if set to the issue of Safety & Security of National Income and National Wealth read with various Laws of IPC and , the issue of civic rights and CIVIL INJURIES , there will be the requisite Reform in this vital Financial Sector of Union of India and for this , the JUDICIARY HAS TO TAKE INTEREST AT CONSTITUTIONAL RESPONSIBILITY . On Mon, Oct 31, 2016 at 2:38 PM, VVS Ramakrishna < support@localcirclesmail.com> wrote: > more  
My dear Kalavathiji,authorities that be wink at the frauds by ICICI BANK-led group companies of ICICI GROUP because of an excellent lobbying by specialised team of ICICI BANK whose sole purpose is to 'MANAGE' the authorities that be from taking any adverse or stern action for their crimes and does deserve any speculation beyond that. Secondly, there are foreign directors on the board of ICICI Prudential and some of the other of its group companies who may have brought in the expertise to manage frauds of the bank and subsidiaries or group companies. more  
There are hundreds of other private medical insurance agencies where none get medical reimbursement but healthy ones are connected with nursing homes, failed doctors who cannot do medical practice,lawyers, drug dealers etc etc. will someone dare to expose the nexus. or we use up our savings instead of paying annual premiums. we will be 'saved' by extra tests and subjected to minimum medication. more  
I am mystified why wrongdoings like these are apparently being winked at by the authorities that be. Some acts could be due to inadequate banking and insurance knowledge for I have experienced such things on the part of employees of ICICI Bank/ICICI Prudential Insurance who have behaved unethically regarding policies pledged to a nationalised bank. We should realise that these institutions may be funded by overseas investment and could be in reality foreign banks/insurance companies. L.Kalavathi Retd. Bank Official Chennai, Tamilnadu, India 29th October, 2016 more  
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