Excellent but simple summarization of India’s collusion, frauds and grand theft 
within the public banking industry. 

If the aim as the AIBEA (All India Banking Employees Association) thinks, is to 
undermine public confidence with the goal of privatizing public banks, then the 
country is due for another round of massive and long grand theft of public 
resources that will put this PNB scandal in the shade.

One noble objective of public service which is to serve the public, is 
singularly lacking in both the Congress and BJP parties.

All they are concerned with is to mop up as much money for the party and for 
themselves while in power in order to fight the next elections and continue to 
make more money in the future. Any wonder that someone entering politics 
without two red nickels to rub, find themselves worth crores of rupees 
(millions of dollars) before they get the boot.

Democracy such as it is, becomes the victim of this sordid mess, along with the 
welfare of citizens. What a far cry from how the Maharajas treated their 
subjects.

Roland Francis
Toronto.


> On Feb 17, 2018, at 5:58 AM, Frederick Noronha <[email protected]> 
> wrote:
> 
> Everything You Need to Know About the Nirav Modi Case
> <https://newsclick.in/everything-you-need-know-about-nirav-modi-case>
> Billionaire jeweller Nirav Modi allegedly acquired fraudulent letters of
> undertaking from one of its branches for overseas credit from other Indian
> lenders.
> 
> https://newsclick.in/everything-you-need-know-about-nirav-modi-case
> -- 
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> _/  FN* फ्रेड्रिक नोरोन्या * فريدريك نورونيا‎ +91-9822122436
> _/  RADIO GOANA: https://archive.org/details/@fredericknoronha
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> 
> 
> 
> 
> 
> 
> - *'How do we convince people that in programming simplicity and clarity—in
> short: what mathematicians call "elegance"—are not a dispensable luxury,
> but a crucial matter that decides between success and failure?' - Edsger W.
> Dijkstra*
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