Bribes in Kinds

More Power makes Man/woman more corrupt. Higher the ranking Higher is also the Corruption, Except the exceptions. more  

The Bank People /Personnel's are the advisers to make the Proposal so to get sanctioned against the consideration. It is well set NORMS of the Banking industry. Even the Private banks are NOT exceptional. In a given case, Private bank had given Rs. 40,00,000/- only on letterhead communication, without any supporting. The height is - the disbursement was within 24 hrs. As against this these Banks make compulsion of 400%+ security on Ordinary person who seek Home loan once/twice (Max) in life time. Corruption, in these manner is NOTHING less than the White Color Crime and criminals. Unfortunately, speared since long. Time is the factor - so also the memory of the Public, which is having very short span. Just to place a thought - Rs. 1000 crors foder scam, wherein Five years and Rs. 5 lacs fine. What is the recovery????? Not even 10% That is why the Builders and other scammers NOT ready and willing to repay even the basic amount, knowing full well that they will NOT earn this much, again. more  

One needs to understand clearly what ‘Bribe’ means and reason to accept a bribe ! Bribe: Dishonestly persuade (someone) to act in one's favour by a gift of money or other inducement. Let us further try to understand what ‘Dishonest’ OR ‘Dishonesty’ means Dishonesty - Dishonest: A fraudulent or deceitful / deceiving / cunning / devious act and a person doing so. Reason for accepting a ‘Bribe’: Greed / unlimited want of anything. Few questions to ponder upon: 1. Why do you elect any particular person to represent you in ruling positions ? e.g. A corporator, MLA , MP etc. in political body and a Chairperson / Secretary / office bearer in a non-political body ? 2. Why do you prefer one person to another person ? 3. Have you ever approached a potentially influential person in any organization like employer, MSEB, Telephone dept, Municipal corporation, Police, School, College etc. with purpose in mind for a result in your favor ? 4. Have you ever offered anything to GOD in temple seeking something in return ? Now, Do you think that “culture” of bribing begins with yourself and at home ? ……..???? Therefore, bribing is induced by each of the person who leads life on the basis of “Right to” possess something and wants something much before proving oneself worthy of it. The moment “Right to possess” is replaced with ‘Duty to perform’ matter called ‘Bribe’ will disappear. Now, topic of PNB case. PNB is one case representing group of people with ‘Greed’ and also those cunning ones who exploit the ‘Greedy people’. The moment each person starts transforming his / her thinking from “Rights” based to “Duty” based, opportunity for the cunning exploiters will reduce and better sense will begin to prevail upon. Few suggestions: 1. Every person involved in such cases, irrespective of said person’s social / political / financial / international status, should be punished with strictest provision., 2. The punishment should begin with declaring the parsons’ names to public with details of crime committed. 3. The publicity should be to such an extent that even members of the person’s family should feel awkward to appear in public. 4. Every person working in public or private industry should be made accountable for “Right” and “Wrong” deeds and results should be applicable suitably. i.e. salary / perks increments for “Right” work and penalty for “Wrong” work. 5. Penalty should be 1.5 times that of the increments and be recovered from payables to the person with immediate and retrospective effect, wherever applicable. 6. All political positions will be without any salary and perks. They should work on “Reimbursement of expenses at actual basis and against submission of suitable supporting documents. 7. All expenses need to be justified in writing and acceptable subject to approval of the superiors, as applicable. 8. All benefits the crime committing person is eligible for in terms of Travel / food / medicines / insurance concessions, Retirement / post retirement benefits like pension, PF etc. should be terminated with immediate effect. 9. Media of every nature should be compelled to publish the data related to such cases every day and the matter published must be same word-to-word in each media. more  

I have seen some of the banks are headed by lady bosses and they are awarded as emerging women of asia (ICICI, SBI etc.,) by socalled reputed audit/media firms and now understand how these socalled bank heads involved in this scams, as it is not possible without the top brass instruction/advise lower level staff sanction these big loans/credits !! god save this country but we public suffer to draw our own hard earned money during difficult times and NPA's have become with involvement of top brass bank offcials/idiots !! more  

The Bank was getting a commission of at least 100 crores per year on LOU of 11000 crores issued by them. The officers of PNB are responsible for the fraud and should be punished before Neeraj Modi is. The Board of PNB should be made to pay the TAX Payers for the loss suffered by them. As the Tax Payers are paying them fancy salaries to safeguard the interest of Taxpayers and not Neeraj Modi more