Cleansing the banking system in India from nexus of Rogue bankers, beurocrates,
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I had a hearty laugh seeing Yashwant Sinhas question 'was RBI napping with regard to #PNBfraud. RBI and for that matter every Govt authority,media including judiciary is napping in India all these years,and continues to nap. Do you think such type of transactions violations are not happening in other banks including private banks. You can wake up somebody who is sleeping but not the one who pretends to be sleeping. In India scams will be published only when someone in authority panics or has an axe to grind against the culprit. It is the case with PNBfraud or BOB fraud of past 6000 crore and present 3600 crore. Every authority tries to protect the culprits to the hilt. And those who raise the issues are harassed, punished, with the support of every authority,including judiciary,and even media looks other way.
If an SIT is set up to look into my special reports as internal auditor of corporation bank, on gold banking, investment banking, and forex transactions, how I was treated by the management for bringing out these lacunas in the system, and how every Govt authorities failed in their duty. It will cleanse this rotten system forever. Will the authorities show the courage. It may bring out 1000 time bigger scam in banking Industry.
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