One more Vijay Mallya and many more to follow! India has become a haven for fraudsters who operate with the tacit support of some corrupt politicians and bureaucrats! The inefficiency of the government to bring back Vijay Mallya sends a wrong message to these rogues that they cannot be touched with a 10 foot bargepole!
Yes , India really a Good place to do business. Take councilling from Nirav Modi, Vijay Maliya, Lalit Modi, Robert Vadra, they know the best to do business in India.
New rbi rule forced pnb to declare all transactions of over 50 crore to bse , nse . otherwise scams could have continued further many year or untill pnb officially declare bank.
Re: these banks procedures are
by bakchod on Feb 15, 2018 04:21 PM
Actually 90 percent of all Indians are corrupt. Including public/private sector, etc. Just that large number of them do not occupy positions which could enable them to be corrupt. But these people regularly evade taxes, claim fraudulent tax deductions (eg. education loans for non-existent children, etc), pay black money to buy houses, etc.
Since 90% of this country is inherently corrupt, this is what happens. No govt can end corruption if the people are themselves corrupt.
Re: Re: these banks procedures are
by Vijayan Malliyoor on Feb 15, 2018 04:39 PM
Correct! Those who hardly get a chance for corruption cry "wolf, wolf"! It is said that people get the government they deserve! What right we have got to expect that the politicians and judiciary should be above coruuption when the whole system is corupt?