NGOs and Laundering - Undercover report
The undercover reporters first asked him if he could help convert black money into white. "It's all black. 90 per cent of transactions in India are black," he said. "Tell me, what do you want me to do?" The reporters told him they needed to clean up about Rs 20-25 crore in dirty cash, starting with Rs 1 crore. Ansari was willing, but the team wanted to know what his plan was.
The NGO chief replied that he would show the black money as donations from members and would return it in white as payment for blankets the organisation was supposed to purchase. "I have told you already that we have 10-11,000 members. We can show donation of five thousand rupees from each member," he said.
"You have to give cheque and we will also buy blankets from you." Ansari explained that the NGO would pay the team in cheque, in the process laundering the money. There was another way, he added- black transaction. "We will take commission on that," he said.
NGOs IN AMBIT
"The money will go into the NGO's account." This money can be spent on welfare programmes, he added, quoting 30-35% as his commission. Yuva Shakti was not the only NGO that was willing to convert black money into white. The India Today TV team next contacted the Akhil Bharatiya Viklang Vidhwa Vridh Seva Samiti, an organisation for the disabled, widowed and elderly. At a restaurant in Delhi we met Pawan, who runs the NGO's operations.
Our undercover reporters wanted to know if Pawan was willing to launder black money, about Rs 1 crore. "Tell me, how much return do you want?" he asked. "If you want your money as white in 2-4 days, then we can't do that…You will have to wait for at least three months." Promising to provide the clean cash by February next year, Pawan started negotiating for his fee. "I want 40% commission, not less than that," he said. The Modi government has already asked for a detailed probe based on India Today TV's previous investigation on the cash mafia.
It's perhaps time that NGOs too are brought within the ambit. more
The NGO chief replied that he would show the black money as donations from members and would return it in white as payment for blankets the organisation was supposed to purchase. "I have told you already that we have 10-11,000 members. We can show donation of five thousand rupees from each member," he said.
"You have to give cheque and we will also buy blankets from you." Ansari explained that the NGO would pay the team in cheque, in the process laundering the money. There was another way, he added- black transaction. "We will take commission on that," he said.
NGOs IN AMBIT
"The money will go into the NGO's account." This money can be spent on welfare programmes, he added, quoting 30-35% as his commission. Yuva Shakti was not the only NGO that was willing to convert black money into white. The India Today TV team next contacted the Akhil Bharatiya Viklang Vidhwa Vridh Seva Samiti, an organisation for the disabled, widowed and elderly. At a restaurant in Delhi we met Pawan, who runs the NGO's operations.
Our undercover reporters wanted to know if Pawan was willing to launder black money, about Rs 1 crore. "Tell me, how much return do you want?" he asked. "If you want your money as white in 2-4 days, then we can't do that…You will have to wait for at least three months." Promising to provide the clean cash by February next year, Pawan started negotiating for his fee. "I want 40% commission, not less than that," he said. The Modi government has already asked for a detailed probe based on India Today TV's previous investigation on the cash mafia.
It's perhaps time that NGOs too are brought within the ambit. more
Viewed by 2296
View all 35 comments Below 35 comments
Most of the funds coming from some of the International countries to NGO is a big racket.WE need to scrutinise and audit these firms periodically. more
Dec 04
If anyone is under the notion that all NGOs are clean,then they must change their perception.When people do not take care of their own parents , how can they do social service as a NGO? It is most elementary, my dear Watson! more
Dec 03
Are political parties any different? Moreover they are exempt from anything & everything. more
Dec 03
You are talking of NGOs, here is my experience I had requested CM of Maha, Devendra Fadnvis for including soak pit as optional choice in place of drainage system in Mumbai and all other cities because present drainage system does not function properly. The suggestion is based on proven scientific study. This request had no purpose of making any money from this. It was in the larger interest of our city's health. Even so he demanded commission for doing that work. I was shocked, his tout told me that I have to deposit five lakh in BJP account. I asked how this will help Fadnavis, he told me Fadnavis will get commission on that from BJP, I asked what is that commission? he told me 40% of what I deposit! I did not do it as I do not have any money to pay bribe even for a just cause. For a cause such as city health I never expected that I shall have to experience this. Now these guys are talking of corruption-less governance. more
Dec 03
Such unscrupulous NGOs should be identified and their managers be locked up and keys thrown away. Unless exemplary action is taken the unscrupulous people will continue their anti national work with impunity. more
Dec 03
