Laundering by Politicians and Govt Officers

There have been some reports on how co-operative banks, petrol pumps, state electricity boards, jal boards, municipalities have been used by politicians and bureaucrats to convert their black money.

With this post, we would like to seek your specific inputs on this kind of laundering. Kindly share your insights and we will compile it to develop collective inputs.

Once we know how laundering has been done, we will have a separate discussion on how those who have conducted laundering using the above can be held accountable.

We look forward to your inputs!
Transparency International India more  

View all 55 comments Below 55 comments
Is the government really committed to bring into light all the instances of money laundering involving the politicians and bureaucrats with the ill will of converting their huge black money earned in dishonest manners into white to fix up their accountability and to start legal action against them without prejudice ? But, if you look for a rogue, you find every one in the basket to be one. It is in every ones' knowledge that the institutions and business activities referred to in the post are fully managed by the politicians and their kith & kin. Their illegal activities are continued uninterruptedly enjoying protection of the bureaucrats under the policy of scattering with one hand and gathering with two. Conversion of their huge black money into white utilising these institutions under their control is not a big task for them. more  
It is an organised work. The money changers have to account for money with service provided. If not it is a loop hole provided for some. Only common people to suffer. more  
In some other posts, I had suggested 1) Full amount of the amount whether in Cash or kind, is to be forfeited. 2) A penalty of 500% for the amount concerned is to be realised from all concerned ( owner/carrier/facilitator etc.) individually And (not collectively) 3) other action departmental proceedings, criminal proceedings must follow more  
Are we really working for cashless economy. If yes first set the Govt. house in order and that is the need of the day. One of the person wanted to get register his vehicle with RTO Faridabad. An appox Rs. 50,000 is required to be remitted. Surprisingly RTO is insisting for payment to be deposited in cash. The acceptance of payment by DD has even been refused. I feel stakeholders need to think on such aspects before considering demonetization and cashless economy. more  
Some business men are still accepting old notes for goods .with what plan they are doing the govt should know .Continue to monitor business men in cloth,jewellery ,export industry. more  
Post a Comment

Related Posts

    • Govts position on black marketing of world cup tickets

      14 oct Ahmedabad, IND v PAK VIP box tickets .. Black market price 1.5 Lakhs !!! Is the Govt permitting these black marketers or they are ok to operate. Where to complain?

      By Dinesh Shah
    • Doctors that own pharmacy and lab

      NMC says Doctors cannot receive cuts and commissions from labs and chemists. Howevwr I have noticed that in many cases these are opened by Doctora directly or at an arms length operated by a relati...

      By Sudesh Rai
    • Over 2 lakhs crores written off by ba ks

      Rs.2,09,144 lakh crore loans written off by banks in just 1 year. Over 2 lakh crore. Let that sink in But that's not all Remember how the previous govt used to be c...

      By Ruchika L Maheshwari
    • 20000 per hectare was the bribe rate for re-survey of land

      Gujarat ACB traps District Inspect of Land Record. I suggest district inspector of land records across India must be investigated in a special drive and 90% plus would be corrupt. Also this way the...

      By Dinesh Shah
    • Corruption through kin

      So Logix group transferred 261 flats to Mayawati’s brother and his wife at a 45% discount. It was likely bribe to be paid to madamji for doing something illegal be it allotting pub...

      By Rajani Thakur
    • Request A gazette that puts notification on discontinuation of any car on public domain

      Dear Jeep India, You had plans to discontinue the Jeep Compass Petrol models as on May 2023, and in March 2023 you aggressively sale pitched me by sending your Sales Executive to my hous...

      By Tarit MOHAN
    • Karnataka corruption brought the Govt down

      Corruption was the biggest issue in Karnataka. And the top leadership did nothing to stop it. 40% proved costly. This should be a lesson for 2024. No amount of roadshows can win elections if the tr...

      By SN Mittal
    • Political Funding Tax Evasion modus operandi

      Heard of a tax evasion scheme. Person donates, say, ₹10L to a political party. Gets ~35% IT benefit (for taxable income >50L). The political party returns back ₹9L. Political party converts it's...

      By Rajesh Suri
    • PM/ CM Helplines

      The PM Helpline was very effective when it was launched and it is supporting citizens to a great extent. It has however been observed that for the states that have a CM Helpline, the grievance of P...

      By Pranaya Rawat
    • Adding 5 Adani companies to Nifty indices

      An NSE subsidiary is set to include 5 Adani group firms in 14 Nifty indices. Experts are worried as it would drive lakhs of investors’ savings into the group’s sinking stocks from March...

      By Karuna Dhingra
    • LIC investment in Adani in REF

      ‘LIC investments in AdaniGroup has now turned Negative Initial investment: ₹ 30,127 Cr December: ₹ 62,550 Cr January: ₹ 56,142 Cr Now: ₹ 29,721 Cr

      By Yash Jindal
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)