India, Maharashtra, vijay kumbhar, News, Governance, RTI, Transparency, Civic Issues, Real Estate: Cops
Showing posts with label Cops. Show all posts
Showing posts with label Cops. Show all posts

Friday, October 19, 2018

Declare Bank of Maharashtra innocent without investigation trial or hearing…..


Proving that the banking industry is a criminal business all the agencies hand in glove are now are coming forward to declare, the Bank of Maharashtra (BOM) officers innocent without any investigation, inquiry or hearing in the DSK scam case.
 According leading daily, Pune Mirror Pune police have moved an application under Section 169 of the Code of Criminal Procedure (CrPC), to release the accused BoM top officials who were arrested in DSK scam case.
 According to Pune Mirror, the Pune Police have claimed that they have failed to find evidence against the top three officials. Interestingly, in the first charge sheet filed in the Pune court, the police have made serious allegations against the bank officials.




The said paragraph is reproduced here .

It is unusual and astonishing that the Chairman and Chief Managing Director of the Maharashtra Bank, taking interest of visiting the site. And not taking any action after noticing that entire funds of the Bank were not used in the project. 

In this same charge sheet, the police have made a serious claim that this officer sanctioned a loan of Rs. 100 crores to the DSK Dream City and then sanctioned another Rs. 10 crores in April 2017. Specially, instead of acting when it comes to the fore more loans were given.

Is not it serious? There are many other serious allegations against these bank officials too.
Then what happened suddenly, on the basis of which the Pune police are saying that there is no evidence against the bank officials?

Actually, Pune Police has conducted a special forensic audit of all transactions in the DSK scam. The forensic auditor's report has highlighted a serious scandal involving not only the Bank of Maharashtra but also by many other banks. And that is why banks and his political supporters do not want any investigation, trial or hearing of the matter.

That is why they are struggling to exclude the names of the officials in this case.

It is also reliably learnt that one of these accused recently had a meeting with finance minister Arun Jaitley.

It is also pertinent to note here that after BoM officials arrest in DSK Scam prime minister Modi’s had announced zero tolerance towards corruption in banks. However immediately after his announcement, amendment to Prevention of corruption was made and babus were fully protected from arrests in case of corruption.  Not only that swift efforts were also made to get all BoM accused out of police and magistrate Custody.

The way and procedure with which these officers have been released on bail has been challenged by Fix Deposit ( FD) holders of DSK in High Court.

Let us see now how drama unfolds. It is true that no political party in India has come forward to protect interest of victims of investment scams or bank frauds. But it seems that every political party is in favour of protecting fraudsters and scammers

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