Our pursuit in ICAI
18th November 2013:
A complaint was registered in the ICAI along with the copies of the complaints filed in the RBI & CVC.
The ICAI is reminded of its responsibilities to act in perpetuity & brought to its notice the CAG Audit Findings which bring forth.
The complacency of Auditors.
The Misappropriations from the GOI by the banks.
The Evidences of tampered records.
Response of the ICAI to the complaint dated 18.11.2013: NIL
3rd July 2010, we filed a Public Interest petition before the RBI:
We claimed before the RBI that the Banks in India can manipulate their loan claims during Recovery from those secured borrowers who are already in distress /even tinker with the disciplined Repayment process of the unsuspicious secured borrowers.
Post mortem Predation:
Misappropriations from the Distressed Borrowers is an act of "Post mortem Predation" - a Cat culture. Its not only a quote, but its also Science.
17th August 2012, we filed a Public Interest petition before the RBI:
We reiterated our earlier claims with more RTI documents. Moreover, we recorded that Banks in India have become Habitual offenders to exploit the innocuous and un-suspicious Small Secured Borrowers, Farmers, Students and Women.
Banks in India become habitual offenders - a Cat culture. Its not only a quote, but its also Science.
Mentor of a Media for Public Cause has to fear his own Conscience and be fearless in revealing the truth.
We are lucky to came across Sri. Walter L.Dsouza, a person of high integrity.
But, for his, technical experience and innovation and the faith on us, we could not have progressed thus far.
We record our heartful thanks to him.
Else, the guarantor will have to bear the brunt, as a recent incident in Coimbatore reveals
11th November 2014 THE HINDU Businessline
Banks should make their findings public at the end of investigations: CIC
14th December 2014 THE HINDU Businessline
Asks them to enforce client accountability; improve communication with customers
9th December 2014 THE HINDU Businessline
Says e-records without safeguards not admissible as evidence as they are susceptible to tampering
24th November 2014 THE HINDU Businessline
Also, looking at the issue of RBI rationalising the use of ATMs, says petitioner
11th March 2014 THE HINDU Businessline
Aimed at strengthening financial stability of BRICS nations
25th March 2014 THE HINDU Businessline