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How much is your salary Mr. President? 
Joegoauk at yahoo.co. wrote :
Ok, this time, I am talking about the next American President Obama . Obama 
will get about = Rs. 16,00,000 per month (16 lacs)Whereas, Indian President get 
Rs. 1,50,000 net (1.5 lacs)i.e. American President gets over 10 times more than 
the Indian Prez. If the average Indian salary is say Rs. 7000Would that mean 
its is over Rs.70,000 in the US ? 
Joegoauk
Do you think India’s current Prez Ms. Pratibha Patil have to depend on only the 
salary she draws as The President ? She has amassed multiple crores of rupees 
by corruption before she became the President.
Obama and Pratibha Patil are poles apart as far as their integrities  are 
concerned.
Below is some of  the controversial incidents of financial scams  which are  
supposedly have her involment.
Operation Cover-Up : It was alleged that, by a one Rajni Patil that Pratibha 
Patil had used her political influence to protect her brother who allegedly got 
Rajni's husband murdered. Rajni Patil's petition to the Bombay High Court had 
requested that CBI, which was directed by the Bombay High Court to probe the 
case  and  question Pratibha before she became President. 
Financial Fraud I : A cooperative bank set up by Pratibha Patil in 1973 in her 
name, to empower women, had its license revoked in 2003 by the RBI for alleged 
financial irregularities. Among the reasons listed by the RBI for cancellation 
of the license was the faulty loan policy of the bank and loan interest waivers 
given, among others, to Pratibha Patil’s relatives. Pratibha Patil was one of 
the chairperson of the Bank and along with a number of her relatives, was one 
of its Directors. She is currently one of the 34 respondents in an ongoing case 
in the Aurangabad bench of the Bombay High Court on the subject of 
mismanagement of the bank and misappropriation of funds by its Managing 
Directors.
Financial Fraud II : A cooperative sugar factory of which Pratibha is a founder 
member, was declared a defaulter for failing to repay a Rs 17.5 crore bank 
loan. Pratibha Patil had been its chairwoman and director till she became the 
Governor of Rajasthan in 2004. The loan was taken in 1994 when Pratibha was its 
chairwoman, but the factory has failed to repay the full amount. The bank 
sealed the factory on January 23, 2007 after issuing many reminders. 
Financial Fraud III : The Shrama Sadhna Trust, a charitable trust in Mumbai of 
which Ms Patil is the managing trustee, is alleged to have siphoned funds 
totaling Rs 4.16 crore between 2001 and 2003 from an engineering polytechnic 
run by it in Jalgaon.
Financial Fraud IV : As Member of Parliament between 1991 and 1996 Pratibha 
Patil had diverted Rs 36 lakh from her MPLADS fund to a trust run by her 
husband. This was in violation of Government rules which barred MPs from 
providing funds to organisation run by their kin.
Scientist President to Ghost-Whisperer President : Patil claims to have spoken 
to the spirit of the deceased leader in Mount Abu, Rajasthan. The 'Baba' seemed 
to have entered 'Devi’s' body and he communicated to Patil through the 'Devi'. 
All these allegations are based on records available in the public domain - 
past and present media reports, statements of employees union, bank statements, 
RBI notices, payment notices from lenders, police and court enquiries etc.
Confidential inspection reports of the RBI as well as correspondence exchanged 
between the Finance Ministry and the RBI, available with The Indian Express, 
reveal that the Pratibha Mahila Sahakari Bank, which Patil founded in 1973, 
faced several allegations. 
Among the lengthy grounds listed by the RBI for cancellation of the license was 
the faulty loan policy of the bank and loan interest waivers given, among 
others, to Pratibha Patil’s relatives.. 
According to complaints sent by the Bank’s union leaders, as many as a dozen of 
Patil’s relatives were granted loans (totalling Rs 2.2 crore including 
penalties, most declared Non Performing Account holders) by the cooperative 
bank.
Lalurm Salvi
Jogiwada Bicholim Goa


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