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BREAKING NEWS ""**If we want PSU bank to compete with Pvt bank ---Give them a break Saturday first****Outcome of Today’s meeting with IBA - 31.01.2023*********

Wednesday, December 28, 2022

Will there ever change our system of promoting big economic criminals?

After all Chanda Kochar and her husband Deepak were arrested !!
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Chanda Kochar is the symbol of the top bulk corruption and our helpless judicial system!
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Former Managing Director of ICICI Bank Chanda Kochar and her husband Deepak Kochar Antatogatwa arrested though this auspicious work should have been done long ago but our system is such that police and govt are not easily handed over big economic criminals Addiction.
Many of my friends often ask me why are you following Chanda Kouture?
This is not my personal resentment or craziness. Actually Chanda Kochar is the symbol of that system, in which crores of people do not get food for two times, while other people sitting on the top like Chanda Kochhar with salary and facilities of crores of rupees are not satisfied!
Chanda Kochar received billions of rupees from salaries, allowances, facilities and shares, despite his stomach was so big that he was not filling.
When these 'big people' fall in the clutches of law, the law is generous to them. While these economic criminals who scam billions of rupees are not ordinary criminals but economic terrorists.
Millions of criminals who cut pockets and small thefts in Hindustan jails have been living hellless for many months and even years but on the other hand criminals like Chanda Kochar do not have to stay in jail for a day.
Her husband Deepak Kochar is allegedly in jail these days. In the name of jail he is enjoying in a five star hospital like Lalu Yadav.
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Serious economic offenders like this should not be bailed and prosecuted in a fast track court and sent to jail but it is happening that their bail is at the fasttrack within minutes. Now after this the lawsuit goes on with the tortoise trick. It is possible that the lawsuit does not reach a rational end for the next 30-40 years and the accused departs the world before.
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Took unfair advantage of the post through husband
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According to the order of special court of money laundering, Judge AA Nandgaonkar said, considering the material provided under PMLA, written complaints and statements registered, it is known that Chanda Kochar misusing his post, the accused Dhoot and/V Group of the videocon Gave loans to the companies. The judge said, it turns out she took bribe/inappropriate advantage through her husband.
The ED had said that the committee led by Chanda Kochar had approved a loan of Rs 1730 crore to Videocon International Electronics Limited. The next day Chanda's husband's company Newpower Renewables Pvt. Ltd (NRPL) was transferred Rs. 64 crore from Videocon Industries Limited.
Chanda Kochar bought a flat in Mumbai from a part of this amount. Only 11 lakh ₹ registration was done to save registration fee in this flat worth crores.
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In our country, the smaller the criminal (pocket) the bigger the punishment, the bigger the criminal, the more fun
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The fun of the big criminal, the younger one is like this. First the public beats the pocket, then the police, the judge also decides quickly, the jailer and the companions kill the prisoners, the big criminals have to massage and have to press the feet. From Vijay Mallya to Salman, everyone is saved, you get bail in minutes. In jail too like home ash. Just need to do a big lawyer like Harish Salve, Jethmalani, Jaitley, Manu Singhvi or Kapil Sibal. By doing scam of billions of trillions only 30 to 50 lakh rupees per day lawyer has to be done.
In Bengaluru, Vijay Mallya hired all big lawyers to fight his case in Debt Recovery Authority (DRT). The result was that when State Bank of India went out to find a good lawyer, there was not a single big lawyer because all Vijay Mallya had already taken.
Common bankers have suffered the most loss of trillions of rupees in banks due to our helpless judicial system because when it comes to hike in their salaries the management asks to give to banks Not enough money for.
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It can't be that Chanda Kochar just took bribe from Videocon. It's natural that a inspector who takes a bribe from a criminal would take bribe from almost all the criminals.
Not the same group of banks or consonsiums led by ICICI banks, many banks together give loan of thousands of crores to one industrialist. In such cases, many government banks would have given loans of crores of rupees to many industrialists on the request of Chanda Kochar for the purpose of making a business and Chanda Kochhar ji would have cleared their hands.
If a white paper is issued on loans given by Chanda Kochar through ICICI Bank and other banks and fair investigation is done then it will be known that Chanda Kocher took so much bribe that it might become a world record. (I guess they would have taken a bribe of at least 20 thousand crore rupees (after sharing the share) )
Corrupt people like Chanda Kochar are not alone in this system. There are dozens of people sitting at the top of the banks who have been bribed and having fun.
The question arises, do people like Chanda Kochar clean goods alone or do they include big leaders, bureaucrats, power brokers and lawyers? The question is also that how do people like Chanda Kochar get Padma Bhushan?
Will there ever change our system of promoting big economic criminals?
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Bank of Polampur
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