নয়াদিল্লি: অর্থ তছরুপে জড়িত প্রমাণ হলে কঠোর শাস্তি হবে দোষী ব্যাঙ্ক কর্তৃপক্ষের৷ বেসরকারি ব্যাঙ্কগুলির বিরুদ্ধে ওঠা অর্থ তছরুপ কেলেঙ্কারির প্রসঙ্গে শুক্রবার এ কথা জানালেন অর্থমন্ত্রকের আর্থিক বিষয়ক সচিব রাজীব টাকরু৷
এইচডিএফসি, আইসিআইসিআই এবং অ্যাক্সিস ব্যাঙ্ক গ্রাহকদের কালো টাকা সাদা করার উপায় বাতলাচ্ছে৷ বৃহস্পতিবার কোবরাপোস্ট ওয়েবসাইটের গোপন ক্যামেরায় উঠে এসেছে এই তথ্য৷ দেশের তিন বৃহত্ ব্যাঙ্কের বিরুদ্ধে অর্থ তছরুপ কেলেঙ্কারিতে জড়িয়ে থাকার অভিযোগ উঠেছে৷ অভিযুক্ত ব্যাঙ্কগুলি বিষয়টি খতিয়ে দেখতে উচ্চপর্যায়ের তদন্ত শুরু করেছে৷ রিজার্ভ ব্যাঙ্কও অভিযুক্ত একটি ব্যাঙ্ককে এ বিষয়ে নোটিশ পাঠিয়েছে৷ পাশাপাশি, কেন্দ্রীয় ব্যাঙ্কও এই তছরুপ কেলেঙ্কারির তদন্তে নেমেছে৷ এ প্রসঙ্গে টাকরু বলেছেন, কেলেঙ্কারির প্রকৃত তথ্য জানতে আরবিআই এবং অর্থমন্ত্রক দু'পক্ষকেই কড়া পদক্ষেপ নিতে হবে৷ এখন সব তরফ থেকে তথ্য সংগ্রহ করা হচ্ছে৷ সত্য সামনে এলেই পরবর্তী পদক্ষেপ সম্পর্কে সিদ্ধান্ত নেবে মন্ত্রক৷ তবে দোষ প্রমাণিত হলে শাস্তির মুখোমুখি হতেই হবে ব্যাঙ্ক কর্তৃপক্ষকে৷
তবে তিনি এও বলেছেন যে আগে থেকেই ব্যাঙ্ক কর্তৃপক্ষকে দোষী ঠাওরানো যায় না৷ অভিযোগ প্রমাণ না হওয়া পর্যন্ত কর্তৃপক্ষের উপর দায় চাপানো যায় না৷
বৃহস্পতিবার কোবরাপোস্টের ক্যামেরায় ধরা পড়েন, গ্রাহকের হিসাব-বহির্ভূত টাকা সংশ্লিষ্ট ব্যাঙ্কের বিনিয়োগকারী স্কিমে ঢেলে বা বেনামী অ্যাকাউন্টে টাকা রেখে সেই কালো টাকা সাদা করে দেওয়ার পন্থা বাতলাচ্ছেন ব্যাঙ্ক আধিকারিকরা৷ অর্থ-তছরুপ রোধী আইনের তোয়াক্কা না করেই গ্রাহকদের দুর্নীতি কী ভাবে চাপা দেওয়া যায় তার সব রকম উপায় বের করছেন ব্যাঙ্ক আধিকারিকরা৷ তিনটি বেসরকারি ব্যাঙ্কের বিভিন্ন শাখায় এই একই চিত্র ধরা পড়েছে৷ বোঝাই যাচ্ছে, আধিকারিকদের একার মাথা এর পিছনে কাজ করেনি৷ কর্তৃপক্ষের অঙ্গুলিহেলন না থাকলে সব আধিকারিক একই ধরনের কথা বলতেন না৷ কিন্ত্ত টাকরুর মতে, এটা কাকতালীয় হতে পারে যে সকলেই একই কথা বলছেন৷ কিংবা এর পিছনে আরও গভীর রহস্য রয়েছে৷ যেটা উদ্ধার করতে সরকারি তদন্তকারী সংস্থাকে কাজে নামানো উচিত৷ তাঁর মতে প্রাথমিক ভাবে মনে, বিষয়টি খুবই গুরুতর৷
বৃহস্পতিবার সেন্ট্রাল বোর্ড অফ ডিরেক্ট ট্যাক্সেও এ বিষয়ে তদন্তে নেমেছে৷
টাকরুর কথায়, 'এরকম একটা ঘটনা খুবই দুর্ভাগ্যজনক৷ এই রকম অভিযোগ আমরা সকলেই শঙ্কিত৷ তবে অভিযোগ যদি ভিত্তিহীন না হয়ে, তা হলে অপরাধীকে তার মূল্য চোকাতেই হবে৷'
ব্যাঙ্ক ও বিমায় প্রত্যক্ষ বিদেশি বিনিয়োগ টানতে ডিসেম্বরেই বিল পাশ হয়েছে সংসদে৷ দেশের অর্থনীতিকে তুলে ধরতে ব্যাঙ্ক ও বিমা ক্ষেত্রে সংস্কার এনেছেন অর্থমন্ত্রী চিদম্বরম৷ এ ছাড়া কর্পোরেটদের নতুন ব্যাঙ্ক খোলার অনুমতিও দিয়েছে অর্থমন্ত্রক৷ গত মাসেই নতুন ব্যাঙ্ক খোলার নিয়মাবলি প্রকাশ করেছে রিজার্ভ ব্যাঙ্ক৷ এমন সময় বেসরকারি ব্যাঙ্কে এই অর্থ তছরুপ কেলেঙ্কারি সরকারকে খানিকটা লজ্জায় ফেলবে বলেই মনে করা হচ্ছে৷ বৃহস্পতিবারই বিভিন্ন বিরোধী দলের বক্তব্য ছিল, বেসরকারি ও বিদেশি সংস্থাকে ব্যাঙ্ক ব্যবসায় প্রবেশ করতে দিলে এমনটাই হবে৷ এ ধরনের আশঙ্কার জন্য ব্যাঙ্ক ক্ষেত্রে সংস্কারের বিরোধিতা করেছিলেন তাঁরা৷ শুক্রবার শেয়ার বাজারেও এইচডিএফসি, আইসিআইসিআই এবং অ্যাক্সিস ব্যাঙ্কের শেয়ার ১ থেকে ৪ শতাংশ পড়ে যায়৷ এই তিন ব্যাঙ্কের বিরুদ্ধে তদন্ত হচ্ছে শুনে বিনিয়োগকারীরা এদের শেয়ার এদিন বিক্রি করতে থাকেন বাজারে৷
HDFC Bank today said it has appointed accounting and audit firm Deloitte Touche Tohmatsu India to carry out an independent forensic inquiry into allegations of some of its officials facilitating money laundering activities.
The bank has also appointed Amarchand & Mangaldas & Suresh A Shroff & Co to examine the breaches, if any, of the bank's Code of Conduct & Ethical Standards, by any bank officials, HDFC Bank said in a statement.
"The bank is committed to the highest standards of compliance, corporate governance and ethics, and has in place systems and procedures to ensure that its business is conducted in compliance with laws and regulations," it said.
The statement further said internal departmental enquiry is underway to verify the truth or untruth or correctness, as the case may be, in the reported tapings of bank officials.
This process has been initiated without prejudice to the authentication of the video recordings or electronic data, it added.
Country's three largest private banks – ICICI Bank, HDFC Bank and Axis Bank – were accused of indulging in money laundering both within and outside, with an online portal Cobrapost claiming that a sting operation conducted by it has revealed a money laundering scam.
Earlier this week, the portal Cobrapost had played the contents of a purported video recording of officials of private banks including HDFC Bank, allegedly agreeing to
receive unverified sums of cash and put them in their investment schemes and benami accounts in violation of anti-money laundering laws.
The footage taken in 'Operation Red Spider', purportedly shows a number of senior executives of the three banks verbally agreeing to take huge amounts of cash from the undercover reporter and putting them into a variety of long-term investment plans so that the black money ultimately is converted into white.
However, neither any account was opened nor any cash deposited for the purpose in these banks.
ICICI Bank
ICICI Bank, Case 19: A. Vyas, Branch Manager; A. Singhania, Key Relationship Manager; K.S Bindra, Accounts Manager, Jaipur, Rajasthan
Mar 13, 2013
The advice here is: Get a DD from some cooperative bank or route the cash through an account and there will be no problem Posing as a family friend of a noted politician, the Cobrapost reporter is directed to A. Singhania who is working as Relationship Manager with this branch of...
ICICI Bank, Case 18: Ganpathi R., Branch Manager, Hyderabad, Andhra Pradesh
Mar 13, 2013
"NRI account mein poora amount dump kar dena (Dump the whole amount in the NRI account)" Our reporter tells Ganpathi R. that the money is in cash and belongs to a politician who wants to invest it discreetly. Ganpathi tells his visitor to open an NRI account with the bank: "NRI...
ICICI Bank, Case 17: S.Walia, Branch Manager, Chandigarh
Mar 13, 2013
"Aapko tension lene ki zaroorat nahin hai (You need not take any tension)" Walia politely brings the Cobrapost reporter to his cabin downstairs where he advises him to opt for an insurance plan, GSIP, with guaranteed returns: "Saara cheque se aayega…saara tax-free hoga (All the return will come by cheque and...
ICICI Bank, Case 16: J. Dwivedi, Investment Manager; N. Ghosh, Officer, Faridabad, Haryana
Mar 13, 2013
"Kuch bhi comfortable hai … sab kuch comfortable hai (Anything is comfortable… everything is comfortable)." The moment the Cobrapost journalist announces that he is there to invest a large amount of money, he is taken to Investment Manager J. Dwivedi at this Faridabad branch of ICICI Bank. Within a few seconds,...
ICICI Bank, Case 15: A. Dubey, Assistant Manager, West Delhi
Mar 13, 2013
Showing black money as the proceeds from the sale of property is Dubey's preferred method for making it legitimate: "Profile hum log dikha denge ki ye hai property holder (We will show in the profile that he is a property holder)" Posing as a frontman for a politician, the Cobrapost journalist...
ICICI Bank, Case 14: A. Pathak, ICICI Lombard, Mumbai, Maharashtra
Mar 13, 2013
Advising our reporter to go to HDFC Bank, this ICICI insurance advisor says the way to make black money white is to get DDs made from a cooperative bank and then invest Oddly enough, at this ICICI Lombard branch somewhere in Mumbai (the general insurance arm of ICICI Bank), bank official...
ICICI Bank, Case 13: R. Ranjan, Associate Key Relationship Manager; A. Kumar, Deputy Branch Manager, South Delhi
Mar 13, 2013
"Mantriji's name will not come to light ever." – Ranjan In this branch of ICICI Bank somewhere in South Delhi, the Cobrapost journalist is taken to meet R. Ranjan who looks after investments.After exchanging pleasantries the reporter, posing as a relative of a politician, gets down to brass tacks. A known...
ICICI Bank, Case 12: L. M. Rao, Branch Manager; Ganesh, Investment Manager, Hyderabad, Andhra Pradesh
Mar 13, 2013
"Cash kab dega sir humko?…Kal subah aake hum collect kar sakte hain (When will you give us the cash, Sir … We can come and collect it the next morning)" – L. M. Rao At this branch of ICICI Bank in Hyderabad, the Cobrapost reporter, posing as a relative of a...
ICICI Bank, Case 11: R.Bhardwaj, Branch Manager; H. Chandra, Branch Sales Manager, Faridabad, Haryana
Mar 13, 2013
"Black ko white karne ka yehi sabse best tarika hai (This is the best way to turn black money into white)" Here, H. Chandra and R. Bhardwaj are welcoming and resourceful. On hearing the story about the politician, Bhardwaj suggests: Open an account and deposit the cash. There is no problem...
ICICI Bank, Case 10: A.S. Kumarakrishnan, Branch Sales Manager, Chennai, Tamil Nadu
Mar 13, 2013
"Ismein cash daalna… uske baad sab kuchh wahan se main lena hai (Put in the cash in it after which I would take all from there)" The Cobrapost reporter goes through the same ritual at this branch somewhere in Chennai. After meeting various bank officials, he is Branch Sales Manager A.S....
ICICI Bank, Case 9: R. Sharma, Branch Manager, Faridabad, Haryana
Mar 13, 2013
"We can discuss and figure something out" It was the inauguration day at this branch of ICICI Bank somewhere in Faridabad. Amid the festive mood our reporter first meets Mohit and tells him why he is there. Sometime later Mohit introduces him to Ratan, who works as investment advisor with the...
ICICI Bank, Case 8: K. R. Rao, Key Relationship Manager, ICICI Prudential, Hyderabad, Andhra Pradesh
Mar 13, 2013
For this banker, it helps when a client speaks openly about black money. Says K.R. Rao, "Whenever you are hiding something dono ko hi mushkil ho jayega (it will be difficult for both)" Branch Relationship Manager K.R.Rao in Hyderabad understands the needs of high-value clients and is very co-operative. When told...
ICICI Bank, Case 7: Deepanshu, Branch Manager; H. Maheshwari, Assitant Manager, Aligarh, Uttar Pradesh
Mar 13, 2013
"We will make some jugaad for you" At this ICICI Bank branch in Aligarh, the Cobrapost reporter meets a busy H. Maheshwari who takes him to the Branch Manager, Deepanshu. Since Deepanshu joined the branch quite recently, it is Maheshwari who does most of the talking. What is the source of...
ICICI Bank, Case 6: J. Suneja, Cluster Head; Neeraj, Relationship Banking/Privilege Banking, Central Delhi
Mar 13, 2013
The complicity permeates all levels, with senior managers as willing as junior staff to turn black into white because it is a common practice for them: "Sir, sachi baat ye hai aap bol rahe hain. Ninenty-nine per cent log karte hain wo bolte nahin hain (Sir, the truth is that...
ICICI Bank, Case 5: S. A. Ahuja, Senior Financial Service Manager; G. Raikar, Manager, Bangalore, Karnataka
Mar 13, 2013
Here, the suggested route for laundering black money is to show the fictitious politician as an NRI Posing as a businessman who wants to move to Bangalore, the Cobrapost journalist walks into this branch of ICICI Bank somewhere in Bangalore where the receptionist directs him to Senior Financial Service Manager S....
ICICI Bank, Case 4: N. Kumar, Business Manager; Aastha, Deputy Branch Manager, Noida, Uttar Pradesh
Mar 13, 2013
A stream of reassurances from Kumar and Aastha on how to turn black money into white The Cobrapost journalist strolls into this Noida branch of ICICI Bank in Uttar Pradesh and recites his request to Business Manager N. Kumar: a well-known minister wants to invest a 'handsome amount' of black...
ICICI Bank, Case 3: Gayathri, Branch Manager; C. Sridhar, Sr. Customer Service Associate (Operations), Bangalore, Karnataka
Mar 13, 2013
Gayathri and Sridhar understand instantly that black money has to be turned into white because they deal with so many such customers The guard at this branch of ICICI Bank somewhere in Bangalore directs the Cobrapost reporter to Branch Manager Gayathri. The Cobrapost reporter gives her the same spiel. Initially,...
ICICI Bank, Case 2: R. Gupta, Branch Manager, ICICI Prudential, Agra
Mar 13, 2013
Why it is not good to invest with banks: "Saara paisa aap doh number mein nahin laga payenge (You will not be able to invest all in No. 2)" ICICI Prudential is a sister arm of ICICI Bank. Here, once the pleasantries are over, the reporter tells Branch Manager R. Gupta...
ICICI Bank, Case 1: V. Srivastava, Privilege Banker, Central Delhi
Mar 13, 2013
"Kya ghumana hai kaise ghumana hai bata doonga main (What has to be manipulated and how I will tell you all)" "Returns main saare white mein kara deta hun (I will make all the returns white)" Walking into this Central Delhi branch of ICICI Bank in the national capital,...
ICICI Bank:True to its Motto, Khayal Aapka, ICICI Welcomes Tainted Money to Make It Clean
Mar 13, 2013
A countrywide undercover investigation by Cobrapost finds ICICI Bank committing gross violations of the Income Tax Act, FEMA, RBI regulations and the anti-Money Laundering Act. These activities render the vast assets it manages, the deposits it maintains, the profits it makes, and the spectacular growth it has registered, suspect. It was...
- See more at: http://www.cobrapost.com/index.php/topics?cid=28#sthash.NYTiJI4l.dpuf
HDFC Bank
HDFC Bank, Case 20: N. Sharma, Manager,Jaipur, Rajasthan
Mar 13, 2013
Investing half a core of black money is no big deal: "Yeh toh bahut chhota amount hai, koi bada amount nahin hai (It is a very small amount, not a big one)." Visiting the this branch of HDFC in Jaipur, the Cobrapost reporter finds Branch Manager N. Sharma receptive to the...
HDFC Bank, Case 19: S. Yadav, Deputy Manager (Retail),West Delhi
Mar 13, 2013
Don't worry about your black money, it is safe investing with us, "Itna mat daro hum bank mein hain (Don't fear like this)."The reporter meets S. Yadav, who is working as deputy manager with this branch of HDFC Bank in West Delhi. Preliminaries over, Yadav is told upfront that a...
HDFC Bank, Case 18: Venkateswar Rao, Bank Assurance Officer, Hyderabad
Mar 13, 2013
Cobrapost undercover reporter walks in to a Hyderabad branch of HDFC Bank and leads himself to V Rao. V Rao is the Bank Assurance Manager with HDFC Bank. He informs his client about the various lucrative investment plans with the bank.The undercover reporter makes his intent very clear that he...
HDFC Bank, Case 17: J. Bajaj, Branch Manager; N. Sharma, Faridabad, Haryana
Mar 13, 2013
"Bilkul white ho jayega. Account ke through karwa lo koi problem nahin (It will sure become white. Do it through account, there is no problem)." – J. Bajaj At this branch of HDFC in a tony are in Faridabad, Haryana, the Cobrapost journalistmeets Branch Manager J. Bajaj and N. Sharma, her...
HDFC Bank, Case 16: A. Srivastava, Investment Banker; H. Singh, Assistant Branch Manager,West Delhi
Mar 13, 2013
Invest your black money in insurance as "Saat saal baad IT Department bhi nahin poochta isko (After 7 years, the IT Department does not ask any question about it)." – A. Srivastava The Cobrapost journalist visits this branch of HDFC Bank in West Delhi where he meets A. Srivastava, Investment Banker,...
HDFC Bank, Case 15: A.G. Toppo, Senior Manager,Kolkata, West Bengal
Mar 13, 2013
All invest their black money in insurance: "Sub log aise hi karte hain Sir. In fact, saara jo kala paisa hota hai na sub insurance mein hi jaata hai (Yes, yes. Don't worry, Sir. All people do like this only. In fact, all black money goes into insurance)." It did not...
HDFC Bank, Case 14: V. Bana, Cluster Head (Bulandshahar Cluster),Ghaziabad; R. Sharma, Greater Noida, Uttar Pradesh
Mar 13, 2013
Sending money abroad is not a problem. "Ek se dedh kar denge (We will do one to one and a half)." There is an amount of Rs. 50 lakh in cash to be invested to make it white and earn interest on it. Could R. Sharma lend a hand? The...
HDFC Bank, Case 13: S. Sharma, Branch Manager, HDFC Standard Life Insurance, South Delhi
Mar 13, 2013
Invest the black money in smaller chunks through multiple accounts and close them after making the money white When S. Sharma first hears the Cobrapost reporter's proposition, he tries to project himself as clean, calling it risky. But it takes very little cajoling for the manager of this branch of HDFC...
HDFC Case 13: S. Sharma, Branch Manager, South Delhi
Mar 13, 2013
Invest the black money in smaller chunks through multiple accounts and close them after making the money whiteWhen S. Sharma first hears the Cobrapost reporter's proposition, he tries to project himself as clean, calling it risky. But it takes very little cajoling for the manager of this branch of HDFC...
HDFC Bank, Case 12: N. Gupta, Portfolio Relationship Manager/Deputy Manager; K. Jain, Personal Banker, Jaipur, Rajasthan
Mar 13, 2013
Black money is not new to us: "Wo to hota hi hai. Sir naam nahin batayenge. Johari Bazaar mein baithe hain to aap khud hi samajh sakte ho. HDFC Bank aur Johari Bazaar dono cheez aisi hain (That sure happens here. Sir, we won't divulge the names. When are sitting...
HDFC Bank Case 11: N. Singh, Backup Branch Manager (Branch Banking), Faridabad, Haryana
Mar 13, 2013
Would it be possible to convert black money white? Yes, as Singh says: "Wo ho jayega (That will be done)."Here the Cobrapost journalist meets N. Singh, Backup Branch Manager, at this branch of HDFC Bank in Faridabad to discuss his proposition: A politician wants to invest Rs. 50 lakh. The...
HDFC Bank, Case 10, A: Pandey, Branch Manager, Ghaziabad, Uttar Pradesh
Mar 13, 2013
Open multiple accounts and invest the black money in insurance in smaller chunks – this is the safest recipe. Asking the same question – can Rs. 50 lakh of black money belonging to a politician be invested in any of the bank's products – the Cobrapost reporter approaches this branch of...
HDFC Bank, Case 9: VP Singh, Branch Head, Central Bank
Mar 13, 2013
"Aapka 50 lakh kaisa hai, black ka hai white ka hai (Is that Rs. 50 lakh of yours black or white)?"Is it possible to invest Rs. 50 lakh of black money with his bank, asks the visitor to this branch of HDFC Bank somewhere in Central Delhi? The money is...
HDFC Bank, Case 8: S. Singh, Branch Head, Central Delhi
Mar 13, 2013
Black money will be routed through an account into investment by DD and then the account would be closed, and any amount of cash would doPlaying the friend of a politician who wants to invest Rs. 50 lakh of black money, the Cobrapost journalist meets S. Singh, head of this...
HDFC Bank, Case 7: V. K. Tandon, Branch Manager, Retail Banking; Navneet, Faridabad, Haryana
Mar 13, 2013
Both bankers are not only willing to make black money white but also help with transferring it abroad A politician wants to make about Rs. 50 lakh of black money white. More black money is due in February. When the Cobrapost journalist, supposedly working for the politician, goes with this proposition...
HDFC Bank, Case 6: A. Kar, Branch Manager, Kolkata, West Bengal
Mar 13, 2013
"Business to aap kar hi sakte hain. Aaloo patti hai, kuch patti hai, to cash transaction to ho sakta hai (It will be known if it is a savings transaction. You can do business, always, like you deal in potatoes, so there can be cash transaction)." The manager of this branch...
HDFC Bank, Case 5: M. Faisal, Deputy Manager; A.R. Miglani, Branch Manager, West Delhi
Mar 13, 2013
"HDFC baitha hi hua hai black money khane ke liye (HDFC is here to eat up all the black money)." – Faisal Here, at this HDFC Bank branch in West Delhi, the Cobrapost journalist first met Deputy Manager M. Faisal, telling him straightaway that a politician wants to invest Rs. 50...
HDFC Bank, Case 4: N. Mahajan, Senior Manager; Shabee, Sales Development Manager, South Delhi
Mar 13, 2013
Investing black money here is made easy by getting DD made for the cash through some other bank. "Humara kaam hi yehi hai. Humare yahan sub ko sub kuchh pata hota hai (This is our job. Everybody here knows about everything)." – Shabee At this branch of HDFC Bank in a...
HDFC Bank, Case 3: K. Gerard, Branch Manager; M. Kumar, Financial Consultant, HDFC Bank, Venkateswaran K, Territory Manager, HDFC Standard Life Insurance, Chennai
Mar 13, 2013
"Cash we do not collect it as such actually. But in other banks mein we deposit cash and take DDs also." – Gerard Posing as a real estate businessman, the Cobrapost journalist visited this branch of HDFC Bank in Mylapore, Chennai. His stated purpose: A certain politician wants to invest black...
HDFC Bank, Case 2: A. Gupta, Sales Development Manager; M. Jain, Circle Manager, HDFC Standard Life Insurance, East Delhi
Mar 13, 2013
Black money is welcome with the approval of superiors. "Ye mujhe aap cash de dijiyega main iski DD banwa loongi (You can give me the cash and I will get the DD made for it)." – Gupta Posing as a decoy customer, the Cobrapost journalist visits the branch of HDFC Standard...
HDFC Bank, Case 1: P. Bhowmik, Personal Banker, South Delhi
Mar 13, 2013
Nothing to fear. "Aapko kuch nahin aayega, humari surety hai (Nothing will come to you, this is the surety we give you)" The Personal Banker, P. Bhowmik, with the HDFC branch somewhere in South Delhi, was quite forthcoming when the Cobrapost journalist sought her help to invest Rs. 50 lakh of...
HDFC Bank: Bank on Us to Make Black Money White
Mar 13, 2013
A nationwide, undercover investigation across dozens of branches by Cobrapost reveals HDFC Bank is involved in extensive money laundering. The bank is blatantly violating various sections of the Income Tax Act, FEMA, RBI regulations and the Anti-Money Laundering Act, making the legitimacy of its deposits and its phenomenal profits and...
- See more at: http://www.cobrapost.com/index.php/topics?cid=27#sthash.sMeCAzmJ.dpuf
Axis Bank
Axis Bank, Case 9: S. Bhattacharya, Deputy Vice President/Branch Head; T. Anand, Deputy Manager,South Delhi
Mar 13, 2013
"Dekhiye rules and regulations jitne hote hain na usse doh kadam zyada aage uske tarike bhi hote hain aur tarike se kiya jaye to wo within laws hota hai (You see for all the rules and regulations there are methods which are two steps ahead of them and if you...
Axis Bank, Case 8: A.K. Gupta, Branch Head; A.K. Bansal, Assistant Manager (Operations),Ghaziabad, Uttar Pradesh
Mar 13, 2013
"Ek hota hai number do ka paisa theek hai. Ab number do ka paisa number one kaise banana hai that is also a problem. Hum wo bhi kar sakte hain (One type of money is No. 2, is that right? Now making number two money number one, that is also...
Axis Bank, Case 7: V. Juneja, Manager (Operations/Investments); S. Singh, Manager (Business Banking), Noida, Uttar Pradesh
Mar 13, 2013
"Ek banda ITR panch lakh dikha raha hota hai, wo saal mein kum se kum panch crore kama raha hota hai …kahan jana hai paisa saara (A fellow who files an ITR of 5 lakh doesn't earn less than 5 crore a year… where will all this money go)?" –...
Axis Bank, Case 6: A. Gupta, Assistant Vice President, Axis Bank; P. Sinha, Relationship Associate, MAX Life Insurance, Sahibabad, Ghaziabad
Mar 13, 2013
"Sir ka account khulna hai urgently char accounts… aur cash uthana hai 60 lakh (We have to open account for Sir, urgently … four accounts … and also pick up Rs. 60 lakh cash)." – A. Gupta When the Cobrapost journalist reaches this branch of Axis Bank, somewhere in Sahibabad industrial...
Axis Bank, Case 5: S. Banerjee, Deputy Manager; D. Bhattacharya, Operations Head, North 24 Parganas, Kolkata, West Bengal
Mar 13, 2013
"Agar aap chahte hain main aapka account PAN ke bina bhi khol sakta hun… PAN ke bina (If you want, I can open your account even without PAN … without PAN). It won't be tracked." – S. Banerjee Yet another branch. Still the same proposition. No disappointment, however.At the very gates...
Axis Bank, Case 4: G. Singh, Senior Manager; R. Seth, Trust/NGO In-charge; N. Gupta, Assistant Manager, Panchkula, Haryana
Mar 13, 2013
Take TCDC card to transfer money abroad or float trust, they suggest, or NGO to make your money clean Walking to the desk, the Cobrapost journalist tells the woman executive he wants to invest a big amount in some long-term insurance plan with good returns. N. Gupta immediately starts telling about...
Axis Bank, Case 3: S. Srivastava, Deputy Manager (Operations); S. Kaur, Branch Head, Noida, Uttar Pradesh
Mar 13, 2013
The bankers at this branch of Axis Bank know it well how to keep such dubious transactions off the radar, and will put all their resources at your command to make it white The Cobrapost reporter walks straight up to the desk of a lady banker at this branch of Axis...
Axis Bank, Case 2: N. Chopra, Assistant Manager, Kolkata, West Bengal
Mar 13, 2013
A refined man that Chopra is, he will never ask the colour of the money, and help make it white whichever way we want, PAN or no PAN routing i
