Обновление к петиции"SOS" CALL FROM THE SENIOR BANK RETIREES!!... "WE ARE HARD HIT BY INFLATION ....!!"MY EARNEST APPEAL TO HIS LORDSHIP Mr.JUSTICE DEEPAK MISRA, HON'BLE CHIEF JUSTICE OF INDIA
Devulapalli Srinivasa MurtiHYDERABAD :(HASTINAPUR -North) 500 079, AP, Индия
19 янв. 2018 г. — https://drive.google.com/file/d/1oF-lfCEOkZzZzgM-oq0Vof5lxuBZlzqC/view My Dear friends, I annex here my latest Communication dated 19th January, 2018 addressed to Hon'ble Chief Justice of India. Contents are self-explicit: Quote: Hard copy together with the enclosures sent By Speed Post : EN296271793IN/19 01 2018 MISAPPROPRIATIONS IN THE BANK EMPLOYEES PENSION CORPUS FUNDS-REQUEST FOR "CAG" AUDIT - "SOS" Srinivasa Murti Devulapalli devulapallimurti@gmail.com 14:17 Vijayawada January 19, 2018 to supremecourt, justice.dipakm. Hon'ble Mr. Justice Dipak Misra, The Chief Justice of India, Supreme Court , Tilak Marg, NEW DELHI 110 201 Your Lordship, RE : MISAPPROPRIATIONS IN THE EMPLOYEES PENSION CORPUS FUNDS- THE LIFE-TIME SAVINGS OF THE THE BANK EMPLOYEES ARE IN DANGER - REQUEST FOR "CAG" AUDIT - "SOS" --------------------------------------------------------------- I solict your kind gesture to extend your helping hand for the safety of the Bank Retirees Pension Trust Corpus made out of our contributions every monthfrom our salaries during the long tenure of our service in the Banks. Pension trust corpus funds must be invested only in the "approved Government Securities" as per the terms of the Pension Regulations as approved by the Parliament- the Highest Law making body of the country. Contrary to the above statutory position, our Pension corpus funds have been diverted by the Trust Boards of the Banks, to "Private Investments" much detrimental to the interests of the innocent retirees like us. It's nothing but AN ACT OF "BREACH OF TRUST" ON THE PART OF THE TRUST BOARDS OF THE BANKS. We have been neglected by the Bank Managements represented by the IBA (Indian Banks Association) and also by the Bank Unions represented by the United Forum of Bank Unions (UFBU) as well - ultimately forcing us to knock the doors of justice to mitigate our hardships. To add salt to the injury, our hard earned pension corpus which have been contributed from out of our monthly salaries for over several years, has been subjected to gross mismanagement by the so called "Trustees" to which we have no access (no representation from the retirees) despite being the sole beneficiaries of the Pension Trust- VIZ: - By not remitting the managements contribution towards the pension corpus promptly as envisaged in the regulations. - By Diverting the Pension Corpus funds to Private investments - Loss of interest for the belated period is not compensated. - Misappropriation of the Corpus Funds to cover up the Banks' losses (Window dressing) In short, the above tantamount to "Embezzlement of Funds " - A criminal Offence. If the same were to be indulged by any erring employee, He/She would have been dismissed from the service mercilessly as per the service conditions. This is besides prosecuting him/her under the IPC for "CRIMINAL BREACH OF TRUST" - EVEN FOR A PALTRY AMOUNT OF INVOLVEMENT FOR THAT MATTER. On the same logic, all the members of the Pension Trust Board/s are also punishable without any exception. Not Withstanding the above, The following latest episode alone, by itself, substantiates my above statements beyond any doubt and stand as an effective testimony with an ocular proof: -In his recent circular No.28/34/2017/34 dated 24th. September, 2017, the General Secretary of All India Bank Employees Association himself, had cautioned all - their nation-wide constituents in all the banks highlighting the following episode-viz: (Points in brief) -The Pension Fund of a Bank was invested in a private company in the form of Non-Convertible Secured Debenture - (NCD). -The same private company was also given huge loans ( around Rs.14,000/- Crores) by that Bank and other banks. In other words, the company which was favoured with such a huge loan was also favoured with the above investment (NCD) from the Employees Pension Fund. - This account has become NPA and is one among the 12 major accounts before the National Company Law Tribunal. Obviously, the investment in the Debenture Bond also became a dead investment and NPA.Consequently, Bank Pension Fund, being a creditor/investor in the NCD bonds has also been advised by the authorities to file its claim with the company which is about to be/already declared insolvent. -Under the circumstances, NEITHER the banks would realise their dues NOR the Pension Fund would get back their investment in the NCD bonds - leave alone the returns part of it." -All India Bank Retirees Federation (AIBRF) in its charter of demands (Ref:2017/67 dtd. 15 06 2017 reiterated its stance for "CAG" Audit of the Pension Trust Corpus in all the banks (enclosed Page 10&11 as annexure) -Recent episode of Punjab National Bank where huge funds from the Pension Corpus diverted for wiping of the losses in the bank's balance sheet (Window dressing) vide letter dated 14th. Sept. 2017 addressed to the RBI Governor (copy enclosed) - One more recent episode of Oriental Bank of Commerce - as already reported by one of our co-retirees vide his letters dtd. 23.12.16, 14.6.17 and 28.08.2017 addressed to the RBI Governor with ocular evidences (copy enclosed) - And Finally, the above referred to circular (internal communication) ref.No.28/34/2017/34 dated 24 09 2017 reportedly addressed to its nation-wide constituents in various banks, by the General Secretary of All India Bank Employees Association (AIBEA) made a specific reference to an incident to prove our above apprehensions beyond any doubt. No meaningful response have been forthcoming from the authorities concerned to our various letters supported by documentary evidences from time to time. Yours Lordship ! Can their long silence be construed as their "Tacit Approval" of our above apprehensions ? In every Bank's Board, Nominees from the Government and RBI play very important roles. In fact, they head the "Audit Committees" constituted by the respective Bank's boards. In fact, it's the most important assignment given to theses nominee directors. Can any body believe that they are not aware of these happenings? What is their accountability? ...For that matter even the statutory auditors appointed every year by the RBI ? My followup letter dated 2nd December, 2017 addressed to the RBI Governor throws sufficient light as to the gravity of the "mismanagement in the Employees Pension Corpus Funds (copy annexed herewith) Besides, I have been bringing these facts to the notice of the concerned authorities in the Government from time to time - the latest one being , that of my letter dated 8th December, 2017 as detailed out in the attached file annexed to this mail. In the wake of the gravity of seriousness, Only a thorough investigation on the above lines by an accredited Constitutional Authority like "CAG" alone will be able to bring the truth to the surface with full facts and figures to render justice to the Job. Your Lordship ! It's nothing but "stabbing us from behind the back" for the simple reason that we, the retirees are not represented on the Pension Trust Boards. During our crusade for justice many of our colleagues have already attained their "Heavenly Abode" and we still remain waiting for our turn to meet them with "one foot in the grave". Your Lordship ! If this way, the banks resort to cheat their own retired employees, then what would be the fate of the Banking Public in general ? It's indeed a "litmus test" to the Government to prove its credibility to infuse confidence in the minds of the vast banking public. Your Lordship ! This appeal of mine also assumes lot of importance in the current scenario where the Government contemplates to bring about major reforms in the Banking Industry . Your Lordship , Owing to the paucity of time, I earnestly request to take this appeal of mine on record (sumoto) only to cause a "CAG AUDIT" of the Employees Pension Corpus in all the Banks only in the sole interest of justice and fair play. Regards & I remain, Your faithfully, Sd./- (D S Murti) Vijayawada 521108 January 19, 2018 Encls: as above. Note: Your Lordships ! Hard copy of this mail together with the annexed file attachment/s as stated above, are sent by post separately _______________________________________________________________________________________ D S Murti; (Manager-Retd. Syndicate Bank); #3-23, GF:1 “Ragamalika Residency” , Plot#37 Sri Rama co.op Housing Society Layout, Near Chinmaya Dhyana Mandiram, Ramavarappadu (PO) VIJAYAWADA-521108 (Andhra Pradesh) 0866-2843298; 9989318300 9398532066 devulapallimurti@gmail.com ______________________________________________________________________________________ https://drive.google.com/file/d/1_dEWxWQLAKg_VEoQB2NNVvGQ1zZ7SmUm/view https://drive.google.com/file/d/0Bwlxk5JrNIM1UXhrZDg3NE5DOVE/view My Main petition https://www.change.org/p/hon-ble-prime-minister-of-india-sri-narendra-modi-plight-of-the-bank-retirees-urgency-to-constitute-banking-pay-commission My Appeal to the Media/Press dtd. 4th.January, 2018 My Article (pages : 24- 27) of the weekly News letter dtd. 14th January, 2018: https://drive.google.com/file/d/1inHcNs5g-wJdHJB-Bxvu7IRH-8RnlAiX/view My Article published in Andhra Prabha daily: 28th December, 2017 http://epaper.prabhanews.com/c/24885608 My letter addressed to Hon'ble Mr.Justice Deepak Mishra ; CJ:SC https://drive.google.com/file/d/1_dEWxWQLAKg_VEoQB2NNVvGQ1zZ7SmUm/view My letter addressed to the Dept.of AR&PG:Govt. of India https://drive.google.com/file/d/1tYT3IBsNh_dgvHmq3g2RcjicoERgGHpH/view My letter dated 2nd December, 2017 addressed to the RBI Governor https://drive.google.com/file/d/13MXfcZ-CUdYfOvYBIPW34vIkAtxfZL7b/view My letter dated 14th. Septemebr, 2017 -do- https://drive.google.com/file/d/1Y6-yh2h2mB-kJR3EarzeiKbWa0Qt4FEB/view My letter dtd. 28th. October, 2017 to the Law Ministry https://drive.google.com/file/d/0Bwlxk5JrNIM1VDYtSi1nVGJRUzQ/view My letter dtd. 9th October, 2017 RTI https://drive.google.com/file/d/0Bwlxk5JrNIM1Qm5XRUQ1OTFnSUk/view My communication dated 26 10 2017 https://drive.google.com/file/d/0Bwlxk5JrNIM1cFgxdm8zU0VRQWM/view NHRC https://drive.google.com/file/d/0Bwlxk5JrNIM1bUxXVUp1NjlRc2s/view & https://drive.google.com/file/d/0Bwlxk5JrNIM1Rl9XeGRZeGlFcHc/view My appeal to NHRC and others https://drive.google.com/file/d/0Bwlxk5JrNIM1UzZEVVBzaDBJbms/view My appeal to Sri M. Venkaiah Naidu https://drive.google.com/file/d/0Bwlxk5JrNIM1NGNTWnExS3RpTU0/view forwarding letter by the Vice President's office https://drive.google.com/file/d/14oqm1QSPjuk4vr5V9gF8Kibp3zyBVePC/view Unquote:
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