Bribes in Kinds

So Nirav Modi was giving bribes in gold coins and diamond jewelry to PNB officials as reported by CBI in courts.

Bribes in kinds (jewelry, coins, phones, travel vouchers, concert tickets) by businesses are very common in India.

Laws need to be formed with everyone's feedback on how bribes in kinds must be identified and Govt, companies private and public must adhere by this rule. CEO CFO to take responsibility and suffer consequences if line is crossed. Only this can reduce menace.

In case on PNB, Yashwant Joshi, who worked as a manager in the forex department of the Mumbai branch that is at the centre of the fraud, admitted to having received two gold coins weighing 60 grams and a pair of gold and diamond earrings from Modi. more  

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It seems, it is a common Practices Not only in PNB but almost all the Banks and the bankers. It is crystal clear that without the very involvements of the Bankers it may NOT be possible to have ever increasing NPA of Rs. 8.5 lacs crors and the practice still prevails. The infusion of Rs. 75,000 Crors and still the Banks are in Losses - in the first quarter i.e. within Three months only is a good example to raise the very question. The Old habits never die. more  
If corrupt politicians are punished sevearely within a year and barred from holding party post and barred from contesting in the next elections. Further a separate Court to deal with out disturbing normal courts. The Court to be set up in four metro with powers of SC. The cases to be heard by other metro (eg) west means the cases to be heard by South, North by West etc. The case to be listed as is the normal procedure and anticipatory bail not to be granted. 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  
oh there are different categories of bribes and need to be categorized. such as which bribe can be taken and which cannot be taken. more  
Officers and public men should not collect or receive money or material as bribe. Already there are existing rules to control this. But the policy decision maker , I mean the public men are not honest. They consider it as their profession, the political profession. more  
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