Corporate Frauds

S.O.S - e - Clarion Of Dalit - Weekly Newspaper On Web Working For The Rights & Survival Of The Oppressed Editor: NAGARAJ.M.R VOL.3 issue. 18 06 /05 / 2009 EDITORIAL : FINANCIAL TERRORISTS OF INDIA - ARE YOU SINCERELY READY TO CATCH TAX THEIVES , CORPORATE CRIMINALS ? - AN APPEL TO UNION FINANCE MINISTER & KARNATAKA STATE FINANCE MINISTER Corporate fraud is nothing new to india , satyam company is just a new addition to it. Satyam co was able to commit such a huge fraud & keep it under wraps for years goes to prove the honesty , integrity of our public servants , government officials belonging to SEBI , RBI , tax dept , pollution control , labour depts. , etc & the honesty of auditors & company secretaries. Ofcourse , still there are few honest people in public service , auditing & company secretaryship , but majority of them are hand in gloves with corporate criminals. Definitely , this fraud will also be brushed under the carpet after certain time as other frauds happened , afterall these frauds are the money spinners for political party funding , mafia , underworld & other criminal activities. IN INDIA , government reports , records , everything can be bought for a price. During Karnataka lokayukta raids huge wealth amounting crores of rupees were found with each of the corrupt government officials like police , engineers , tax officials , etc. How those government officials with few thousands of salary earn so much , by compromising with their government duties , by creating fake government reports , records , etc . The government & the courts of justice treat those government reports , as sacrosanct like TEN COMMANDMENTS DIRECTLY FROM THE MOUTH OF GOD HIMSELF. The CORPORATE CRIMINALS & RICH CRIMINALS buy favourable government reports , records from the government officials commit bigger crimes , escapes from legal prosecution by proving their innocence , honesty with the aid of BOUGHT GOVERNMENT REPORTS & RECORDS. The courts of justice lacks broad vision , it has only narrow vision as a riding horse’s vision is narrowed . courts of justice is only bothered about technicalities , evidences , records , it lacks the spirit of QUEST FOR TRUTH , it lacks truth finding mechanism out of massive reports , records , evidences. The rich criminals are in a position to manipulate , buy out evidences , government reports , so definitely they will escape from hook. Today , I can convincingly state that our legal system is such that , even the terrorists who attacked our TEMPLE OF DEMOCRACY - THE INDIAN PARLIAMENT will be let free , when they can fully buyout evidences , reports , etc. In this backdrop , the corporates technically maintain clean public image although privately they are frauds , criminals. If anybody makes a statement of truth against them , those corporate criminals will slap defamatory & other criminal charges against such persons. The courts of justice upholds the claims of not the speaker of truth but the corporate criminals , on the basis of bought evidences , government reports. The courts doesn’t go into the truthfulness of those reports , evidences & sends the speaker of truth to prison. If any person has made any complaints of fraud against Satyam Co , two months back he would have definitely faced criminal prosecution & jail term. As all the records , auditor reports , company secretary report , reports of ministry of company affairs , reports of tax departments , everything was in it’s favour. The courts are only bothered about evidences , records which were all in satyam’s favour , the courts are least bothered about quest for truth & justice. In this manner in India , there are hordes of private companies where frauds have taken place & taking place & wiil be. Just recently after Ramalinga raju’s own statement , does it became public that the reports of auditor , company secretary , related governmet records are all false. Base linbe everything was bought. Do remember that whether it is SATYAM FRAUD , ENRON SCAM or XEROX SCAM , those were not found , revealed either by our investigating agencies or the government. Satyam’s Fraud came to light due to pressure created by the recession , market forces on the company’s promoter Mr.RAMALINGA RAJU & his resultant confession , Enron scam was unearthed by US investigators in USA during the corse of their investrigation , It is the same with XEROX Co . till those revealations , those companies were good , legally abiding cos in govt records. THAT MEANS THEY HAVE BOUGHT OUT INDIAN LEGAL SYSTEM EFFECTIVELY. In this manner , in India most of the entrpreneurs small shop owners to big corporates buy out tax officials , labour department officials , pollution control board officials , etc & openly indulge in unfair , illegal trade practices , labour practices , legal violations , etc , still go unpunished , as as per book , the government records they are law abiding , persons , corporates. Entrepreneurs , promoters of big corporations collect public money either through shares , debentures , bank loans or all . so ideally public are also stake holders in such companies . The criminal entrpreneures , promoters siphon-off companies resources in various ways like selling company assets to their sister cos at a lesser value or purchasing assets from sister cos at a higher value , giving loans to sister cos at low interest rate or taking loans from sister cos at higher interest rate , etc. in this way they siphon-off resources of public companies / enterprises with bank loans to their own family owned sister cos. We at e-voice of human rights of watch are ready to catch such corporate criminals & help the government , ofcourse subject to conditions , are you ready ? In india , tax compliance is worse. In our criminal justice system, there is rigorous imprisonment for a pick-pocketer stealing Rs.10. even the authorities spend thousands of rupees in legally prosecuting him & the thief spends a year or more as punishment behind bars. Where as there is no commensurate investigation nor legal prosecution nor punishment for corporate thieves , evading tax to the tune of crores of rupees. In contrast, those tax thieves pay a part of that booty to the ministers & political parties and get crores of rupees tax exemptions , incentives from the government. Government is rewarding corporate criminals. The tax officials of central & state governments are hand in glove with these corporate criminals & traders. For a price, they are helping corporates & traders in evading tax. Most of the tax officials are wealthy & leading luxurious lifestyles , much beyond the scope of their legal income. The black money thus generated every year by tax evasion , is many times more than our total annual budget allocation. As a result, all our fiscal reforms fail & inflation is soaring. This black money is the source of illegal funding of political parties , terrorist outfits & underworld. It is a greater threat to national unity & integrity. Both the central government & karnataka state government have failed to collect the full , actual tax dues from corporates & traders. As a result , the governments don't have enough money in their coffers even to provide basic needs like health care , education , safe drinking water , etc to the poor & needy. For every Rs.100 tax evaded , one poor patient is dying without medical care , 10 poor persons lack education , 100 persons don't get safe drinking water , 100 persons barely survive on a single piece meal per day , 20 persons starve. Most of The government officials , ministers & people's representatives who have deliberately failed in their duties of tax collection & welfare of poor citizens , SHAMELESSLY indulge in luxurious lifestyle at the expense of poor tax payer . they live in paltial bungalows , chauffer driven AC cars , all living food expenses paid by exchequer , dine at 5-star hotels , only drink bottled mineral water , eat non-vegetarian dishes , drink alcohol sitting before mahatma gandhi's photograph & preaching mahatma's ideals. Mahatma preached & practiced simple living , vegetarianism & he was teto teller , he paid for his expenses from his earnings . these public servants are parasites , who are making merry at the expense of tax payer. Some non government organisations ( NGO) have formed trusts and under the aegis of those trusts are running educational institutions , hospitals , community halls , etc , in the name of providing free / subsidised services like education , health care , etc to the poor. It is only in record books , they conduct fake medical camps , self employment training camps . in practice they are running these educational institutions , hospitals & community halls as commercial enterprises & collecting huge fees. they are not even remitting full fees collected to the trust account & swindling the money. no outsider is allowed to become a member of these NGOs , only their cronies & their family members are in these trusts. Numerous NGOs promoted by religious bodies , mutts are swindling public & government money to the tune of crores of rupees. Nobody dares to question the heads , pontiffs of these mutts , as at his feet VVIPs , ministers fall down. These religious bodies are hot beds of fundamentalism , terrorism & mafia. Hwere is the accountability of religious bodies & political parties in in india ? Inspite of bringing specific cases to the notice of authorities , they are mum ? hereby , e-clarion of dalit offers it's services ( subject to conditions ) to the governments of india & karnataka , in apprehending the criminals – tax evaders. Are you ready mr. singh sir & mr.Yediyurappa sir ? If you are ready to do your duty look into the following cases , take appropriate action & kindly inform me about the outcome. Jai hind.vande mataram. Your's sincerely, Nagaraj.M.R. CRIMES OF RBI & CBI & IT'S COVER-UP - An appeal to honourable supreme court of India The central bank of India Reserve Bank Of India , which is supposed to direct the fiscal policies of government of India , has failed to do so. It has enabled many looters in the garb of entrepreneurs , to swindle the exchequer to the tune of crores of rupees. The premiere investigating agency of India CBI has failed to nail the culprits. Hereby , I do request the honourable supreme court of India to treat this as a PIL application & to provide speedy justice in following cases. Read the article "Crimes @ RESERVE BANK OF INDIA" @ http://theftinrbi.blogspot.com/ , http://theftinrbi.rediffblogs.com/ , http://theftinrbi.wordpress.com/ Read the article "PF scam shame shame judges" @ http://corruptmajority.blogspot.com/ , http://corruptjudges.rediffblogs.com/ SOILED NOTE FRAUD CASE @ RBI BANGALORE - Trauma of an old man Complete case details also available at http://members.lycos.co.uk/ganapathihariram/ As per allegations of RBI management Bangalore in 1977-79 , criminal nexus of RBI employees stole Rs. 220000 from RBI Bangalore. All the banks , government treasuries in Karnataka , submit defaced / soiled currency notes to RBI Bangalore in exchange for good notes. RBI after collecting such defaced currency notes , sorts out fairly good notes which can be reissued & burns off the remaining totally defaced currency notes. All these process is done in a systematic manner. As per allegations of the management , the crime took place in the period of 1977-79 at RBI Bangalore. A nexus of employees, took away the currency bundles meant for destruction & substituted it in the place of bundles of reissuables. Charge sheet issued by RBI Bangalore office to mr.G.Hariram Staff no.3698/156/84-85 dt 1 april 1985 Amended charge sheet staff no 3798/156-84/85 dt 8 april 1985 CBI has charge sheeted 17 employees in connection with this case , case olde no. cc34/1989 new no. sc 436/1991 . the honourable 21 city additional city civil & sessions court Bangalore in it's order dated 24.01.1992 discharged 03 charge sheeted employees , as the prosecution failed to prove the charges against them. They came out clean , as they were innocents saddled with the crime done by others. One of the charge sheeted employee who turned approver for the prosecution, has given detailed account of the crime. Nowhere he has mentioned the involvement of accussed no.15 mr.G.Hariram in the crime. Even after coming out clean, mr.G.Hariram was not reinstated into service by RBI. They gave the ruse of domestic enquiry & showed contempt to the court order. On appeal, the honourable high court of Karnataka ordered RBI to review it's order with respect to mr.G.Hariram , still RBI failed to reinstate mr.G.Hariram into service , once gain showing contempt to the court of law. In India as per law , the decisions of court of law are binding on all , orders of court over rides the organisation's internal rules , service rules , etc. inspite of lack of evidences, in a whimsical manner the higher authorities of RBI , fixed some innocents as the scape goats heaped all charges against them ( against whom they had personal grudge , dislikes ). RBI repeatedly showed contempt to the court orders , dismissed the scape goat - ailing old man mr.G.Hariram from service. RBI snatched away his PF money towards the alleged loss to the bank , didn't pay his gratuity amount , salary arrears and finally he was even deprived of the pension. As a result , the old man has even lost his social prestige, dignity , his family suffered a lot & he is a mental wreck today. Why RBI authoroties are hell bent upon to send away the innocents / scape goats away from service ? why CBI didn't conduct polygraph tests of all the accussed , specifically higher officers of RBI , managers of RBI office Bangalore ? probably the scape goats were aware of the crimes master minded by higher ups & didn't co-operate with the higher ups in their crimes. So, the criminals were afraid that the scape goats will blurt out truth to the world , fixed non co-operating innocents themselves as criminals. Who will give justice to innocents like old man mr.G.Hariram & who will bell the corrupt , criminals , fat cats of RBI ? FINANCE SCAMS IN INDIA & 5-STAR LEADERS WITH BEGGING BOWL In " mysooru mithra" a kannada daily dated 15/06/2005, the editor has written about a copy of the complaint made by Transparency International India-Bangalore to central vigilance commission of india. In indian banks , there is a strange practice that whenever a cheque is put before the clearing house by a bank, the clearing house sends that cheque to the service branch of bank paying. The service branch then sends that cheque to the appropriate bank branch for deduction of cash from the cheque account. In this travel , if the cheque is lost or misplaced midway, the service branch pays out of it's suspense account to the cash collecting bank. Logically, afterwards the service branch must initiate a thorough inquiry, get authentication from both persons one who gave cheque & other who collected cheque. Finally, the money must be transferred from the account of cheque giver to the suspense account. However , upto 1997 two branches of state bank of india in bangalore & overseas branch sufferred from frequent loss of cheques totally amounting to RUPEES THREE THOUSAND TWO HUNDRED CRORE. In all cases of cheque loss the bank has paid out of suspense account, totally amounting to Rs.3200 crore. However the bank has not initiated any enquiry to recover that amount from the cheque givers. In the 1997 internal audit report of the bank itself , this has been clearly pointed out. Till date, even the central vigilance commission has not initiated any action about it. A member of central vigilance commission happens to be ex-chairman of state bank of india. It is just an instance of two branches of SBI, what about hundreds of branches of SBI, what about thousands of branches of other public sector,private sector & co-operative banks. It is fraud,fraud,fraud all the way. Few months back to cover-up the crimes of global trust bank ( GTB) , it was taken over by oriental bank of commerce ( OBC). While sanctioning a loan of just Rs.10000 to a common man , he has to comply with lengthy legalities. If he defaults, bankers breath down his neck, bankers send rowdies in the form of recovery agents to humiliate the common man & his properties are auctioned-off, finally all dues to the last penny are recovered. In most of the cases bankers even force the defaulters to commit suicide. However influential persons easily gets loans amounting to hundreds of crores of rupees, coolly defaults, siphons-off the funds & shuts his shop. No recovery at all , just it becomes a non- performing asset (NPA) in the bank ledger. The total NPAs of all public sector banks is more than Rs.80000 crore. This burden is spead over the crores of hapless indians. The government takes pride in murdering forest brigand veerappan. The ill-gotten wealth of veerappan is not even pea nuts before this huge amount. Remember past finance scams – MS SHOES, HAWALA, HARSHAD MEHTA SHARE SCAM, KETAN PAREKH SHARE SCAM, UTI, etc. totally in all these scams billions of dollars of public money have gone to the coffers of criminals. These scamsters put veerappan to shame in their turnover. However the government is not even exhibiting a fraction of it's ELIMINATE VEERAPPAN DRIVE against these scamsters, why? In india, both central & state government tax/ revenue officials are neck deep in corruption. By, taking bribe they make lower assessment of income, gains, etc & spare businessmen from the tax payment. The government in return for favours received from lobbies, gives tax exemptions to them at it's sweet will. All these scams & it's cover-ups are insider jobs. The government is not interested to collect, recover it's own monies amounting to billions of billions of dollars every year. However our 5- star leaders living at the expense of tax-payers, go-on foreign jaunts with a begging bowl for a few lakhs of dollars. What a shame? More than 50 billion indians are barely surviving on a single meal per day & hundreds are dying due to starvation, billions don't even have basic necessities of life. If the government even just collects a fraction of it's dues from scamsters, defaulting industrialists – people won't die of hunger in india. Has this enlightened our thick skinned netas ? AN APPEAL TO UNION FINANCE MINISTER GOVERNMENT OF INDIA An age old saying – AS THE KING SO DOES THE SUBJECTS. In india various financial scams, crimes & it's cover-ups have taken place amounting to billions of billions of dollars have taken place, made possible , just due to the involvement of the king – the netas & government officials themselves in the shameful act – the crime. The tax officials are utterly corrupt, the wards of these officials spend double their pappa's salary just during weekends. Now, realise their financial might. These ill-gotten wealth is destabilising our economy & might have even found it's way into the hands of underworld, terorrists. INDIA WILL BE DEFEATED FROM CRIMINAL FORCES WITHIN LIKE THIS NOT FROM THE EXTERNAL FORCES. Hereby, the HRW urges you to make public: 1. the financial worth of finance minister to tax official at circle level, on annual basis including his spouse's worth & property details. 2. to make public the NPAs, losses & monies under litigation by both private & public sector banks annually. 3. to make public measures taken to recover these monies. 4. to publish annual accounts with complete details of discretionary funds allotted to the defence ministry, president, prime minister, chief ministers , governors & intelligence agencies. Public want to know whether proper discretion is being applied while spending. CORPORATE CRIMES & CORRUPT PUBLIC SERVANTS – Root cause of naxalism , terrorism in India The corrupt public servants together with corporate criminals are looting the state exchequer , looting the resources which rightfully belongs to all the people , public. Thereby, making those public utterly poor. This has created a wide chasm between few utterly rich people & crores of utterly poor. This has generated lot of socio- economic problems in India. The ill-gotten money , black money thus generated is funding the organized crime. As a result , Some of these poor people are finding the solution to their poverty in the wrong way of naxalism , terrorism , religious fundamentalism , caste movements , etc. It is futile. The government is trying to tackle the problem of naxalism , terrorism by violence , instant justice like fake encounters , 3rd degree tortures , lock-up deaths , etc. why not government meating out instant justice to corporate criminals & corrupt public servants ? Both government & public must respect law & democratic norms . The government must aim at the root cause of these problems , like providing realistic displacement packages to project displaced persons , ensuring proper supply of ration through PDS in ration shops , ensuring proper implementation of food for work programmes , ensuring proper free medical care & free supply of medicines to poor in government hospitals , to strictly eradicate corruption in public service & to strictly enforce corporate accountability in India. However , the government is not sincere in it's objectives or intentions. Our publication has appealed to the authorities numerous times seeking justice about corporate crimes , still there is no word called justice , why this delay by authorities. AN APPEAL TO HONOURABLE KARNATAKA LOKAYUKTA , CENTAL VIGILANCE COMMISSIONER & DIRECTOR CENTRAL BUREAU OF INVESTIGATION Hereby , we do call upon Karnataka lokayukta , central vigilance commission & CBI 1. To stop accepting all government officials reports , reports as sacrosanct documents , most truthful evidences. 2. to publish wealth details of it's own staff & all public servants department wise annually with provision for cross verification by public. 3. to make it mandatory for all public servants including judges , constitutional functionaries to submit annual wealth statements on affidavit & to make it public with provision for cross verification by public. 4. to initiate legal action for those giving false statements on affidavit. 5. the corrupt public servants who intentionally give false information or hide information under one pretext or the other while information is sought under RTI Act , all with a view to hide crimes must be legally prosecuted as criminals as in normal legal recourse persons who help criminals in destroying evidences , crimes are prosecuted. 6. the corrupt officials don't leave evidences in open. Their higher ups who have taken kick backs from their corrupt subordinate always give a favourable report about him. So, during legal prosecution those reports must not be relied upon. In fact , there is a gross mismatch between government reports & ground reality. Take for example , in mysore construction is going on in INFOSYS campus on huge scale . most of the construction workers are not even covered by statuotary requirement of ESI , PF. The occupational hazards are more , accidents are common place , recently even deaths of workers have occurred due to occupational hazards . in the media also it was reported , in the media report it was even mentioned that vijayanagar police have registered a case & investigating. However when the information about it was sought from labour commissioner of Karnataka as per RTI Act , assistant labour commissioner of mysore has stated that no occupational deaths have taken place in either 2006 or 2007. SEE THE GROUND REALITY IS DIFFERENT WHEREAS THE GOVERNMENT RECORD , LABOUR DEPARTMENT RECORDS SING A DIFFERENT TUNE. THE FAILURE IN OUR DEMOCRACY IS THAT THESE FAKE RECORDS , STATEMENTS OF GOVERNMENT OFFICIALS ARE TAKEN AS ULTIMATE TRUTH BY COURTS OF LAW & PROSECUTING AUTHORITIES. I can give more actual examples like this. 7. so , involve public in the inspection teams , raiding parties of tax department , labour department , excise department , drugs control , weights & measures , etc. these public can put a check to the corrupt practices , fake records of these corrupt government officials. 8. kindly do remember that in 2006-07 , a corrupt judge was exposed by media efforts. The said corrupt judge in his urgency to collect bribe has not even looked at the INTENDED PERSONS TO BE ARRESTED & blindly signed the copies of arrest warrant . the arrest warrant was against H.E . PRESIDENT OF INDIA , HONOURABLE CHIEF JUSTICE OF INDIA & HONOURABLE PRIME MINISTER OF INDIA. As in the normal working of government machinery if it was pursued , president of India , chief justice of India & prime minister of India should have been arrested. Technically speaking it was right. However common sense prevailed & the higher judiciary took appropriate action as the issue concerned VVIPs. Normally our courts of law , authorities work without common sense like horses of horse cart whose eyes are partially covered allowing only narrow vision , just by relying on government reports , records of corrupt public servants. The courts , authorities just functions by technicalities. This must stop for the sake of justice , fairness. 9. when a public makes complaint to Karnataka lokayukta , CVC or CBI about corrupt practices of a public servant , they must stop relying on the legal opinion of it's own advocates as they just rely on government records. Take for example the wrong legal opinion of legal expert of Karnataka lokayukta. The lokayukta has legal jurisdiction to inquire into all Karnataka state government institutions & organizations funded , supported by government of Karnataka. There are other examples where In Karnataka lokayukta has taken action against employees of Karnataka government aided institutions . The PES COLLEGE OF ENGINEERING mandya is funded & aided by government of Karnataka , but when we made a complaint regarding corruption in that institution , the legal expert of Karnataka lokayukta gave his expert opinion that the said institution is out of lokayukta's legal jurisdiction , so no action is called for . based on this opinion Karnataka lokayukta rejected my complaint. Some of these legal experts are indirectly covering up criminals , stop relying on their expert opinions. 10. when a complaint is given to Karnataka lokayukta , CVC or CBI they in turn ask the complainant himself for supporting evidences , records. The government has given them vast police force to enforce law , to inquire & to collect evidences. How can a commoner can collect evidences , the criminal don't leave evidences in open , all the commoner can do is make complaint regarding the injustices he has suffered. The complaints must be accepted & inquired into with or without evidences , lack of evidences should not be the sole reason for dismissal of complaint as presently Karnataka lokayukta , CVC & CBI are doing . 11. review all the past official decisions of corrupt officials apprehended by Karnataka lokayukta , CVC & CBI. As there are possibilities of innocents suffering injustices & rich criminals going scot free. Read the article "PF scam shame shame judges" @ http://corruptmajority.blogspot.com/ , http://corruptjudges.rediffblogs.com/ THEFTS IN RBI CURRENCY NOTE PRESS R.B.I CURRENCY THEFT CASE – COVER-UP ACT BY C.B.I? - AN APPEAL TO THE UNION FINANCE MINISTER & CENTRAL VIGILANCE COMMISSION Even in ordinary branches of banks , the safety locker room keys & currency chest room keys are with senior managers only. with advance of technology various electronic gadgets like burglar alarms, user id & palm readers are in use. It is quite shocking to know that , in high security RBI CURRENCY PRESS , mysore these gadgets were not in use & the keys were easily accessible to ordinary security guards. Also, in mysore press there is no proper accounting practices for blank papers issued for printing , after printing is done accounts of accepted notes & rejected notes is not at all kept. CBI is putting the whole blame on an ordinary security guards & hurrying to close the case. The repeated thefts are not at all possible by security guards alone without the help of insiders / higher executives. CBI is trying to fool whom? Even with respect to my complaint regarding recruitment scandal complaint no: DPG/B/2005/80049 (2) (RBI) new complaint no: DPG/Z/ 2005/90040, neither CBI nor secretary ( finance sector ) department of economic affairs government of india nor the RBI governor has taken any steps till date , why? Hereby, HRW urges the honourable union finance minister & CENTRAL VIGILANCE COMMISSION to look into the matter & to provide speedy justice to all concerned. C.B.I COVERING UP THEFTS IN R.B.I Lie detector tests for C.B.I officers ? Nowadays even free e-mail accounts need password to operate, to operate a bank locker there are multi level security settings. However , it is ridiculous, unbelievable to note that in the high security reserve bank of india currency note press mysore, there were no different key sets , palm readers, pass words, no different authorised persons, no troops of security guards, to access the area. Just only one security guard- a constable. It is a cock & bull story of C.B.I, that all alone a single security guard stole the booty. There must be a crime syndicate. The C.B.I officers themselves must be subjected to polygraph, brain mapping tests to know why they are lying , to cover-up whom? The C.B.I has not answered previous questions raised by HRW. The C.B.I must answer the following questions : 1. who were responsible for selling the good printing machine at security press nasik to scamster karim lala telgi as scrap ? 2. who recruited the candidates below merit rankings in R.B.I for what criminal roles ? 3. how many irregularities have taken place in R.B.I till date ? 4. who is responsible for installing, operating & supervising the security set-up in R.B.I ? 5. how the raw materials ie number of paper sheets, ink, etc are accounted for in inward stores & while issuing for printing ? 6. how wastages, scrap of ink , papers , etc in the printing process are accounted for? 7. How the finished goods ie currency notes are accounted for ? 8. Who keeps physical figures & possession of goods, inventory of all the above? 9. How the scrap paper is disposed off ? 10. From security angle who keeps track from start till dispatch ? ILLEGAL RECRUITMENT IN R.B.I CURRENCY NOTE PRESS RESULTING IN FREQUENT THEFTS ??? Dear sir, I have applied for the post of STORES ASSISTANT in 1995 & for the post of PROCESS ASSISTANT in 1996 for vaccancies at Bharatiya Reserve Bank Note Mudran Private Limited ( BRBNMPL) MYSORE & SALBONI. I didn't even get the interview/written test call letter. However candidates with lesser merit ranking were selected. My requests for a copy of merit ranking list fell on deaf ears. In the end of 1996, i once again applied for the posts of PROCESS ASSISTANT & MAINTANANCE ASSISTANT at BRBNMPL. This time round i got written test call letters for both posts. I have successfully cleared the common written test for both posts. Subsequently i got the interview call letters for both posts. I have successfully appeared for the common interview for both posts. However candidates of lesser merit were selected & i didn't get any communication at all. My repeated requests for MERIT RANKING LIST fell on deaf ears. It is the criminals in R.B.I MANAGEMENT who declared a good printing machine at nasik security press as scrap & sold it to fake stamp paper king pin karim lala telgi It may be possible that the criminals in the R.B.I MANAGEMENT selected candidates who suited their criminal objectives. As a result there is frequent occurrence of currency thefts & related irregularities at R.B.I CURRENCY NOTE PRESS, mysore & salboni. Hereby, i call upon the C.B.I to look into this matter. Also, hereby i urge you to provide me justice by giving merit ranking lists of all recruitments made from 1995onwards till date. Specifically, for the above mentioned 4 posts in accordance with the TRANSPARENCY / RIGHT TO INFORMATION ACT of government of india. MEGA FRAUD BY GOVERNMENT OF INDIA – Rs 85 000 crore tax arrears waiver + non performing assets of banks to the tune of Rs. 200 000 crore - An appeal to Honourable Supreme Court of India India has become an IT power , taken giant strides in the field of science & technology. More & more MNCs are investing in India. However due to our skewed , corrupt economic system , lack of accountability on the part of corporates & public servants – a wide chasm has been created between the ultra rich & the poor , the fruits of development has all been usurped by the rich & mighty. This is the basic reason for growth of black economy , growth of naxalism , terrorism & underworld in India. As per a recent study by UN organization , majority of Indians ie more than 50 crore Indians are barely sustaining on Rs.13 per day earnings , a whole family depends upon Rs. 13 , they are struggling to get just single meal per day. People are starving to death , farmers are committing suicides , people are selling their own children for a bag of grains. Whereas , corporate biggies , public servants are leading luxurious lifestyles , having big parties full of drinks , non-veg foods not at their papaa's expense but at the expense of public exchequer , out of the tax dues , loan repayments cheated to the public exchequer. The banks insist on matching collateral security even for self employment / educational loans by poor for an amount of Rs.5000. if the loans are not paid in time , rowdies / recovery agents are sent by banks to collect the amount by muscle power. As a final step , banks auction-off properties of collateral security to recover it's dues. Even, the tax authorities mercilessly extract tax dues to the last penny from the middle class. The same banks, overestimate the project cost of corporates , overestimate the project feasibility & it's worth and coolly extend hundreds of crores of rupees loans without matching collateral security. The banks extend overdraft facilities without matching collateral securities , to these corporates. When loans are not repaid, no rowdies are sent by banks. The promoters , directors of such tainted corporates drain – off the companies resources cunningly through insider trading , finally making the company sick. Such companies don't pay taxes , electricity bills , water bills , etc properly to respective authorities. The authorities are deaf , dumb & blind to all these actions of such corporates. At the end , banks write-off such loans as non performing assets (NPA) & file case before courts for recovery of dues. Even if the properties of collateral security are auctioned-off dues cann't be fully realized. Finally public money is swindled . ALL THIS IS POSSIBLE DUE TO THE CONNIVANCE OF KEY BANK OFFICIALS , TAX OFFICIALS WITH CRIMINAL CORPORATES SINCE THE INCEPTION OF SUCH COMPANIES . THIS ALSO POSES UNFAIR COMPETITION TO HONEST CORPORATES. How to stop this ? by making corporate accountability ,accountability of bank , tax officials more stringent with penal provisions . afterall , they are playing with public money not their papa's property. Already , by the connivance of public servants , bank , tax officials we have witnessed many scams like harshad Mehta , ketan parekh , hawala , etc and more than Rs. 2000000 crore NPAs are on the books of the banks. Now, the government of India is planning to waive-off tax arrears of corporates to the tune of Rs.85000 crore , why ? read vijaya Karnataka kannada daily dated 04th January 2007. just look at this in the backdrop of "QUESTIONS FOR MONEY BY SOME MPs" and "MP LOCAL AREA DEVELOPMENT FUND ALLOCATION FOR A PRICE SCANDAL". The government is always unresponsive , careless towards the sufferings of poor , however it is always on toes to help out corporates that too criminal ones but not honest corporates. Why ? HRW has extended it's services to GOI months back itself , to apprehend tax thieves , till date there is no reply from GOI , why ? Hereby , E-VOICE OF HRW requests the Honourable Supreme Court of India to order GOI , 1. to make necessary amendments to companies act , to make the promoters , directors of the corporates personally accountable for all their actions. 2. to constitute committees consisting of public persons with powers to scrutinize & verify all the actions of corporates for insider trading like – selling products , materials , shares to their sister concerns at discounted prices or buying products , materials , shares from their sister concerns at inflated prices or lending loans at discount rates to their sister concerns or taking loans from their sister concerns at high rate of interest or loaning materials , machines to their sister concerns , etc. 3. to constitute committees consisting of public persons , to scrutinize & verify the annual personal tax returns filed by key bank officials & tax officials , who have amassed riches & leading luxurious life styles much beyond the scope of their legal known sources of income. 4. to recover all tax dues , loan dues , etc from the corporates from the personal properties , wealth of promoters , directors of such companies. 5. to put behind bar the key bank officials who have helped the corporates in swindling public money by overestimating project viability , worth and by overlooking the insider trading of promoters and still extending loans to them. 6. to put behind bars tax officials who have helped such corporates in swindling public money. 7. to take all the necessary help from public like as services extended by HRW in apprehending tax thieves. 8. to recover & protect public money at any cost. 9. to confiscate all money , properties possessed by directors of such criminal corporates & properties of corrupt bank , tax officials , public servants. 10. to declare illegal black money kept by corporate criminals , politicians , etc in the banks of tax haven countries like Trinidad , Mauritius , Switzerland , etc as national property of India , as public property of government of India & to secure that money to Indian exchequer. QUESTIONS FOR MONEY – PARLIAMENTARY ACTS/LEGISLATIONS FOR ???? - improper functioning of democracy in india the vohra committee report has proved the criminalisation of politics in india. There are many number of criminals in the parliament & state legislatures. Some of those criminals are cabinet ministers as well as members of vital parliamentary committees. Thereby, they are in a position to manipulate , enact laws favouring , benefitting the criminals their cronies. Just see how the GOI gave export incentive of Rs.1800 crore to reliance petroleum although it didn't even export a barrel. Reliance infocom & tata teleservices were CDMA mobile service providers & have paid license fee of few crores only equal to landline fees without any competitive bidding . They were supposed to provide mobile service to operate like fixed phones within a radius of 40k.m. however they were providing service like mobile service from one state to another like GSM mobile service providers. By this act of RIC & TTSL , the GSM providers who have paid thousands of license fee in competitive bidding were economically hurt , the dispute went to court. The court was on the verge of pronouncing it's verdict awarding damages worth Rs. 18000 crore to GSM players & Rs. 3000 crore of license fees with penalty to GOI. The government announced a unified telecom license regime with retrospective effect. Thereby, the GOI lost thousands of crores of rupees & the share holders of GSM players lost thousands of crores. Onceagain the RIC was charged by PSU bsnl THAT RELIANCE IS RE- ROUTING INTERNATIONAL CALLS AS LOCAL CALLS & SWINDLING THE GOI. This time too, GOI bailed it out. during the dispute between ambani brothers the younger ambani mr. Anil ambani director of reliance himself has stated that for the favours received from the GOI , the company gifted some shares to then IT & COMMUNICATIONS MINISTER mr. Pramod mahajan. Various indian & multinational companies are looting indian exchequer to the tune of thousands of crores of rupees , through lobbying / bribing. Take the recent case of allotment of 3G spectrum. In india, indirect democracy is the form of governance. In this form, people's representatives are bound to raise the questions , issues concerning their constituents on their behalf , on the floor of the house. However the sad part in india even after 58 years of democracy , is the lobbying is at it's peak. The lobbying is a gentleman's white collared crook's way of forming favour seeker's group , creating a corpus to pay lumpsum bribe & influencing decision making. The people's representatives are bound to represent their people first , then their party & party think tanks. India has come to this sorry state of affairs , widespread corruption , huge black economy & rampant poverty, all due to inefficient legislations & enforcements. These think tanks & IAS lobby, consider themselves as most super brains on earth & gives out suggestions . the present state of affairs is a barometer of their brilliance. These think tanks & IAS lobby are the hand maidens of lobbyists / bribers. Now consider the following example : Mr.raj gandhi is a member of parliament from mandya constituency in karnataka state. He is a MBA graduate & member of ruling indian progressive party. The multinational giant M/S GREY HOUND CORPORATION wants to enter into paper manufacturing business in india. It's sight falls on the public sector paper giant mandya national paper mills ( MNPM) in mandya district of karnataka. The MNC effectively lobbies with the government. The ruling party think tank & the cabinet advisory group recommends to the government to make strategic disinvestment in the PSU M/S MNPM. They bring out graph with full power point presentation stating that it is good for the company as well as the government. The lobbyists follows it up with media reports on the positive aspect of strategic disinvestment. A favourable impression is created in the minds of literate public. The cabinet committee okays it. The " strategic dis investment issue " comes before the parliament for legislation / approval. The ruling party issues a party whip to it's members to vote in favour of dis investment. However M.P mr.raj gandhi who is an MBA in his own wisdom also favours the dis investment. However ,most importantly the constituents – people in mandya parliamentary constituency through protest marches , mass post card campaigns lakhs in numbers expresses their disagreement with the dis investment & urges their MP mr.gandhi to vote against the disinvestment legislation. On the D-day in parliament , mr. Raj gandhi as per his party whip & his own wisdom votes in favour of strategic disinvestment legislation, much against the wishes of his people , constituents & mis represents them in parliament. the democracy has failed here. in This way democracy is being derailed since 58 years in india. In democracy, party whip , MP or MLA's own wisdom / brilliance, think tank & IAS lobby recommendations are all secondary , the constituent's of his constituency , people's wishes aspirations are of primary importance & supreme. What people need is a honest representative, who simply delivers the people's aspirations on the floor of the house back & forth , without superimposing it with his own ideas & party ideas. For true democracy , the people's representatives must be true postmans. Towards this end , the people must be educated about their democratic rights & responsibilities. This is an appeal to the honest few in the parliament & state legislatures to weed out their corrupt colleagues , lobbyists, to uphold the dignity of the house & to install democracy in it's true form. THREAT TO INDIA'S SECURITY BY CORPORATE CRIMINALS - An appeal to honourable prime minister of india & honourable chief minister of karnataka In india , since ages certain section of people – dalits , tribals are being oppressed in the name of caste by forward caste people. The name sake independence has not changed the lives of dalits & tribals. The upper caste people were in control of government & economic sector before independence as well as after independence too. The upper caste people are now MPs , MLAs & are running businesses . they have framed rules , laws to suit their ends. They are getting bank loans , subsidies , tax cuts , etc , by greasing the palms of those in power – their own caste men. The reservation policy is just a vote winning gimmick of forward caste politicians , it is neo divide & rule policy. Only few dalits with money & contacts have benefitted , by the reservation policy of government. Majority of them are still sufferring from utter poverty & social oppression. Now, due to rapid industrialisation & globalisation a new economic divide has taken place – rich & poor , haves & have nots. Now, economically poor are also being oppressed along with dalits. The forward caste people in government have framed laws to suit their ends , they have provided concessional priority loans , tax cuts , subsidies , etc from the government to corporate sector . The corporate sector has demanded & got monetary benefits , infrastructure facilities from the government . however the same corporates , MNCs are violating statuotary laws & are averse to social welfare measures of the government . they are averse to provide jobs to dalits , tribals & poor , why ? these corporates are bribing the labour , tax department & other government officials . as a result the government is loosing tax revenues to the tune of thousands of crores every year , the government doesn't have money to provide social welfare measures to common people. The lives of common people are under threat. Now, the number of common people dying due to starvation , lack of health care is more than in a war field. The threat to unity & integrity of india is more from the corporate sector than pakistan or china. Now, the government of india & other state governments are literally under corporate control. we have brought to the notice of government cases of statuotary law violations by various corporate entities , till date no action has been taken. Why ? hereby , we once again offers it's conditional services to the government of india & karnataka in apprehending corporate criminals , corrupt tax , labour , pollution control board offricials. Are you ready sir ???? edited , printed , published & owned by NAGARAJ.M.R. @ : LIG-2 / 761 , HUDCO FIRST STAGE , OPP WATER WORKS OFFICE , LAKSHMIKANTANAGAR ,HEBBAL , MYSORE -570017 INDIA cell :09341820313 home page: http://groups.google.co.in/group/e-clarion-of-dalit/ , http://e-clarionofdalit.blogspot.com/ , http://in.groups.yahoo.com/group/e-clarionofdalit/ , e-mail : nagarajhrw@hotmail.com , naghrw@yahoo.com