Petition to Investigate PNB Management

I am from Mumbai. It is so disheartening to see that people like Nirav Modi are able to conduct a fraud of this magnitude and leave the country. This cannot be without collusion of management of PNB and its auditors and most likely they were on this guy's payroll.

I request those who understand the issue to file a petition to Enforcement Directorate or CBI to investigate all previous and current officials in the chain of command of that clerk in Mumbai branch all the way to top. Also the petition needs to call out for the arrest of this guy whatever country he is in. This is where India's global clout will get proven. If India can;t back this crook and Vijay Mallaya back, I am giving a zero in your polls on India's global clout.

I hope Transparency Intl or one of the activists will take action. more

Helpful Together Against Corruption Feb 16

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UDAY GB

Few committees, couple of people to be made scapegoat, inquiry will take few years, then other committee and so on. Please be noted that the total NPA exceeds Rs. 8.5 lacs Crores, and till date NOT even a single is convicted. Contrarily, Rs. 75,000 Crors was pumped in to few Banks including SBI (The Biggest Bank) which also showed Loss in the first quarter itself. Whereas a traffic police is getting suspended IMMEDIATELY Or even terminated (for few bucks). This is our social system more

Mar 11

Pradeep Lunia

There are many banks who has NPA to the tune of 50000 crore ,apart from Nirav & Mallaya, if the regulatory body is formed to look after and pressurise the Bank to recover the due withing specified period. Most of the Loans is been either used in buying Real Estate or used in Other countries to different business or property. These Banks should be closely watched more

Mar 10

UDAY GB

Why PNB only. Is there any bank in India wherein these practices are NOT prevailing. Ask any of the Business entities how to get the Loans from these Banks. That is why the whooping 9.72 lacs crors - Repeat - 9.72 lacs crors (972,00,00,00,00,00,00,000/- Bad debts/loans still prevails. The Main question of this frauds - UNANSWERED - is WHERE IS THE FRAUD MONEY????? Right from the fodder scam of Rs. 1000 crs. to the present PNB & Bank of Boroda of several thousands, incremental in all respects. Culprits are ready to go to the Jail for couple of years BUT NOT ready to shed out a single penny and a good example is DSK OR NOIDA scam. more

Feb 23

Narindar Sharma

LET US SEE WHAT THE PRESENT GOVT. DOES? more

Feb 23

Harsimran Kaur

Is this being done? more

Feb 21

Suresh Bharadwaj (Steel Plant Executive)

Transparency International may not have any locus standii/ business in seeking action on the Banking fraud. They just rate countries based on certain parameters as to the levels of Corruption in the country. Any how these sort of Bank scams and siphoning of funds is so normal for India. Don't you remember the days decades ago when for getting a valid loan from the Bank one HAD to offer a cut to the Bank Manager. How even clerks used to ferret out money from the Bank and the Audit was only a cover up operation with them to complicit many-a-times. These things are coming out now-a-days due to several reasons: (i) the clean up drive and the emphasis on probity being insisted upon from the top most echelons of governance. This is a total new for independent India. All the worms are feeling the heat and crawling out of the wood work (ii) the proliferation in electronic media-TV, Internet, Mobile applications ensures immediate and widespread dissemination and tom tomming of the event. Not just that but the aberrant item is picked up by the swarming army of the electronic media news reporters /'citizen journalist' and fed to the system. And so it appears as if these things are happening a lot and only now-a-days. more

Feb 19

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