PSU banks in general run by most corrupt persons and hence banking culture of seventies gradually vanished and the consequences are now visible to all. I doubt present government can cure the bad culture created by misrule of past government and under a political environment ehere POLITICIANS can go to any extent to serve their self interest.
A FERVENT APPEL TO SHRI PIYUSH GOYAL, S/O. LATE SHRI VED PRAKASH GOYAL,
TH DYNAMIC CABINET MINISTER & I/C.UNION FINANCE MINISTRY:
1. My vindicated allegation is that IBA is the epicenter of entire PSBs’ scams/frauds. Facts follow--------------
C N VENUGOPALAN Former Director (GOI Nominee) State Bank of Travancore & Ex Manager Union Bank of India “Nandanam” Kesari Junction, North Paravur, Kerala -683 513 Mob: 9447747994 E – Mail: ceeyenvee@gmail.com
No.PR:BR:21 18th June 2018
S/Shri. Shyam Srinivasan,
Deputy Chairman, Indian Bank’s Association,
Mumbai – 400 005 / Managing Director & CEO, Federal Bank Ltd, Head Office, Aluva – 683 101
Respected Sir,
Daylight robbery of bank retirees by Indian Banks’ Association.
Kindly bear with me for this intrusion. I write to you as the mysterious ways in which Indian Banks’ Association, the cartel of bureaucrats, functions it is beyond my comprehension.
The Managing Committee of IBA effective from 25th January,2018 consisted of :-
--Ms Usha Ananathasubramanian, Chairman
{ MD & CEO of Allahabad Bank}
---- who was named by the CBI in its charge sheet dated 21.05..2018 in the Rs.15,000 Crores Nirav Modi & Muhul Choksy scam relating to Punjab National Bank,
Mr. M O Rego
Deputy Chairman
{ MD & CEO of Syndicate Bank} ------who was associated with and prosecuted by CBI in the Rs.600 Crores Aircel loan default,
Mr. Ravindra Marathe,
Member representing Public Sector Bank viz. Bank of Maharashtra who was arrested on 22.06.2018 by the Economic Offence Wing along with
Mr. Rajendra Gupta,
Executive Director and Ex Chairman Sushil Manho in the DS Kulkarni Scam of Rs.2,043.18 Crores .
Shri. Sunil Mehta,
member representing Public Sector Bank viz MD & CEO of Punjab National Bank is accused in the supplementary charge sheet in the Rs.11,500 Crores scam in the Punjab National Bank,
Mr. K P Kharat,
member representing Public Sector Bank and MD & CEO of Indian Bank is appearing in the charge sheet of April, 2018 in the IDBI Bank case,
Mrs. Chanda Kochar
member representing the private banks from ICICI Bank who is asked to proceed on leave following the Videocon Scam
Ms. Shikha Sharma,
CEO of Axis Bank, co-opted to the committee as representative of private banks who is also under investigation resulting in RBI refusing to extend her term.
Wao what a team !
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