A Press Report-Every year the same old story — Punish the honest, let the dishonest make merry – Whichever the party comes to power the position of the honest remains the same – Pay More


A Press Report-Every year the same old story — Punish the honest, let the dishonest make merry Read more at: //economictimes.indiatimes.com/articleshow/63085228.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

WATER SCARCITY/SHORTAGE REPORTED


With bountiful rains this season, Bangalore is already beginning to experience the water scarcity in some parts and soon will engulf major portion as the 1000`s of borewells drilled every month, the underground water table has depleted to the new lows. The water tanker price has also gone up from Rs.300/- a month ago to … Continue reading WATER SCARCITY/SHORTAGE REPORTED

CBI RAIDS ONE PROFESSIONAL FIRM


Media reported that the CBI has conducted a RAID on a suspected law firm and few XXXXXXXXX XXXXXXXXXXX may also land up in CBI net for having issued or prepared manipulated or fraudulent books of accounts and statements for the absconding the businessmen, without the connivance of these professionals, FRAUDS cannot cheat or swindle money and … Continue reading CBI RAIDS ONE PROFESSIONAL FIRM

THE FUGITIVE ECONOMIC OFFENDERS BILL – 2018 IS BEING DRAFTED TO CHECK THE BAD DEBTS AND TO RECOVER THE LOAN AMOUNT


The Central government may soon bring in the Fugitive Economic Offenders Bill, which proposes confiscation of assets of those who flee the country to evade prosecution or refuse to return, in cases involving more than ₹100 crore. The proposed law assumes significance in view of the reports about major bank frauds. A draft of the … Continue reading THE FUGITIVE ECONOMIC OFFENDERS BILL – 2018 IS BEING DRAFTED TO CHECK THE BAD DEBTS AND TO RECOVER THE LOAN AMOUNT

BANK FRAUD AND LOAN RECOVERY


Public money is looted/laundered by the politicians and the bankers in collusion with cheats by lending public money to undeserving (fraud and cheats) businessmen (wilful defaulters) for monetary favours. There are allegations of scams involving Rs.30,000/- Crores and the recovery is few cars, few rings, few properties and very little or no money in their … Continue reading BANK FRAUD AND LOAN RECOVERY

CHEATING THE BANKS – BANK OFFICIALS, EMPLOYEES, POLITICIANS AND PROFESSIONALS WHO COLLUDE TO CHEAT MUST BE BOOKED


Messages of wilful defaulters are making rounds in the social media and the Government is silent on such important issues affecting the Nation. These scams are not new to our banking system.  The Banking laws, supervisions and procedures have too many loopholes and the bank employees, businessmen, cheats, politicians and all the beneficiaries are involved in … Continue reading CHEATING THE BANKS – BANK OFFICIALS, EMPLOYEES, POLITICIANS AND PROFESSIONALS WHO COLLUDE TO CHEAT MUST BE BOOKED

INDIAN BANKS – SCAM RIDDEN – WRITE OFF BAD LOANS OR NPA AND WRITE OFF OF LOANS OF PRIORITY SECTOR


Which is the affected group or sector or calss? Honest, Hard working middle class, upper middle class and lower middle class comprising of small businessmen, workers, and employees of all sectors!!! They pay the tax so that the Government can write off all loans to its fancy political dictum and financial fraud with the connivance … Continue reading INDIAN BANKS – SCAM RIDDEN – WRITE OFF BAD LOANS OR NPA AND WRITE OFF OF LOANS OF PRIORITY SECTOR

New Management Success Business Model !!! In India


This is the oldest ( Sure shot) success models - throughout the world - and fastest way to make loads of money and property. Indians have learnt this model at the birth of the universe. Money Need not be earned by hard and smart work.  Education is not required to be successful to make money. … Continue reading New Management Success Business Model !!! In India

A press report – RBI Data Shows India’s Bank Fraud is As High As Rs. 60,000 Crore


Reserve Bank of India (RBI) data, which a Reuters reporter obtained through a right-to-information request, shows state-run banks have reported 8,670 "loan fraud" cases totalling Rs. 612.6 billion ($9.58 billion) over the last five financial years up to March 31, 2017.  PNB recorded 389 cases of loan fraud totalling Rs. 65.62 billion over the last five financial years Punjab … Continue reading A press report – RBI Data Shows India’s Bank Fraud is As High As Rs. 60,000 Crore

Rs.26,000 Crores at Stake in Major Banks in India- Allegations of Fraud and Cheating against few businessmen


It is alleged that few businessmen have fraudulently availed loans with the connivance of the Bank Authorities and the enforcement agencies are investigating a major bank scam worth about Rs.11,500 Crores by one business men, in another scam, a business man siphoned off over Rs.6,000 Crore and in yet another major scam, another business man … Continue reading Rs.26,000 Crores at Stake in Major Banks in India- Allegations of Fraud and Cheating against few businessmen

COMMENCEMENT CERTIFICATES AND OCCUPANCY CERTIFICATES ISSUED BY CIVIC AGENCIES – ALLEGATION


A NEWS REPORT- ALLEGATION BY MR.N.R.RAMESH. COMPLAINTS LODGED BEFORE THE HONBLE LOKA AYUKTHA AND ANTI CORRUPTION BUREAU  Over 90 percent of the apartments in the city have been issued with fake 'commencement certificate' and 'occupancy certificate' by corrupt officials of BBMP and BDA. Over 12 lakh apartment dwellers are under the fear of losing their … Continue reading COMMENCEMENT CERTIFICATES AND OCCUPANCY CERTIFICATES ISSUED BY CIVIC AGENCIES – ALLEGATION

BANK ATTACHED OR AUCTION PROPERTIES – WATCH OUT – BEWARE


There are innumerable advertisements in newspapers and on the internet regarding the attachment or taking over the possession of the properties, who have defaulted the repayments by financial institutions/banks and such properties are being auctioned by the financial institutions and the banks. Some very interesting facts: a. The deliberate default of the loan repayment - … Continue reading BANK ATTACHED OR AUCTION PROPERTIES – WATCH OUT – BEWARE

BANGALORE GETS 160 KM OF URBAN TRANSPORTATION NETWORK WITH AN ESTIMATED OUTLAY OF RS.17000 CRORE IN 2018 UNION BUDGET


The Finance Minister Arun Jaitley has announced a proposal for a suburban network at an estimated cost of ₹17,000 crore “to cater to the growth of the Bengaluru metropolis”. The State Cabinet had, on Wednesday, approved investing 20% of the total project cost — ₹1,745 crore — over the next two years.   The project, … Continue reading BANGALORE GETS 160 KM OF URBAN TRANSPORTATION NETWORK WITH AN ESTIMATED OUTLAY OF RS.17000 CRORE IN 2018 UNION BUDGET

Highlights of Budget 2018-19 


Finance Minister Shri Arun Jaitley presents general Budget 2018-19 in Parliament. Budget guided by mission to strengthen agriculture, rural development, health, education, employment, MSME and infrastructure sectors Government says, a series of structural reforms will propel India among the fastest growing economies of the world. Country firmly on course to achieve over 8 % growth … Continue reading Highlights of Budget 2018-19