National
PM should ‘break silence’ on PNB scam: Congress
New Delhi, Feb 17 (IANS) The Congress on Saturday described the PNB scam a “complete failure of regulatory mechanism and fraud detection ability of the banking sector” and demanded Prime Minister Narendra Modi break his silence on India’s “biggest bank scam”.
“The Congress calls upon the Prime Minister to apprise the nation of complete facts about the biggest bank scam instead of remaining a silent spectator,” the party’s newly formed Steering Committee said in a statement after its first meeting here.
The meeting was chaired by Congress President Rahul Gandhi. Beside him, former Congress President Sonia Gandhi, former Prime Minister Manmohan Singh, former Finance Minister P. Chidamabaram and other senior party leaders were present.
The statement said that “it must be brought out as to how the entire banking system was duped through Letters of Understanding (LoUs) under the watch of the Modi government and why were all authorities, including the Finance Ministry, FIU, SFIO, ED, CBI and others found wanting in preventing loss to public exchequer?”
The opposition party demanded that the Prime Minister also tell the nation as to how did a fraud of this magnitude escape the eyes of all auditors and investigators conducting statutory, internal and concurrent audit and even the RBI’s own audit.
“The Prime Minister must tell the nation the reasons for the failure of the fraud detection ability of the entire banking sector and the Finance Ministry,” it said.
Alleging that the matter was notified to the Prime Minister’s Office in May 2015, the party said: “The Prime Minister must also share with the nation the action taken by the PMO and other government agencies/departments on complaints made about the impending bank scam as early as on May 7, 2015, and on numerous occasions thereafter.”
“The manner in which thousands of crores of public money was looted with impunity and the entire risk management system failed completely tell their own story of giving of favours and grant of protection. The truth is that the bank scam has unveiled the culture of crony capitalism that has thrived and flourished under the watch of Modi government,” the Congress said.
Slamming the government for its alleged failure in bringing back black money stashed abroad, the party said: “Over the last 45 months, the BJP-led government has shown zero action and zero results on bringing back black money stashed abroad, as was promised by the Prime Minister, or taking action against the accused in multiple corruption scams.
“Zero tolerance for corruption has become zero tolerance for accountability on corruption,” it said.
The party said people’s money deposited in government banks had become susceptible to repeated frauds that had occurred under the Modi government’s watch.
“Nearly Rs 6,000-crore Bank of Baroda fraud was a case in point. The tragedy is that swindlers of public funds have left India freely as the BJP-led government and its agencies are acting as silent bystanders,” it said.
“The great escape of Lalit Modi, Vijay Mallya, Nirav Modi, Mehul Choksi, and dozens others accused of banking and other frauds is a case in point. Patent and latent complicity at the highest echelons of power is writ large,” the Congress added.
–IANS
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Lucknow: Vishal Singh, a renowned social worker from Lucknow, also known as Foodman, has once again made India proud. He was honored by the Happy Hands Gloves Cooperative Limited Company in Korathai, Thailand, for his work with the Hunger Free World Mission.
The Hunger Free World Mission’s meeting was held in Korathai, Thailand, under Vishal Singh’s leadership. Representatives from several countries, including Mr. Raja Dwivedi (Managing Director of Happy Hands Gloves Limited), Thailand Coordinator Mr. Raja Mishra, and member Mr. Varun Singh, attended the event.
Under Vishal Singh’s leadership, the attendees took a pledge to work together toward creating a hunger-free world.
Speaking on the occasion, Vishal Singh explained that the main goal of the Hunger Free World Mission is social participation. He said the mission is not just about feeding people but also about meeting other basic needs of those who are struggling. The mission focuses on helping families of terminally ill patients in hospitals by providing food and shelter. It also works to fulfill essential needs like education, jobs, and care for the elderly.
For the last 16 years, the Vijay Sri Foundation has been providing free services, benefiting thousands of people. Vishal Singh highlighted that the mission aims to gain global recognition like other organizations such as WHO, WWF, and Red Cross, which work for social causes.
During this meeting, Vishal Singh was appointed as the Chairman of the Hunger Free World Mission by representatives from various countries. They also discussed holding regular meetings in different countries to push the mission forward.
Business tycoon Dr. Abhishek Verma has also supported this humanitarian mission, vowing to promote the idea of “Seva Parmo Dharma” (Service is the highest duty) worldwide. Vishal Singh praised him, stating that people like Dr .Abhishek Verma inspire others to work for the betterment of society.
Recently, Romania’s Ambassador, Mr . Daniela Sezonov Ţane, invited Vishal Singh to the Romanian Embassy in Delhi, where they discussed the mission in detail. Impressed by his humanitarian work, she honored Vishal Singh and invited him to Romania to take the mission forward .
Food man Vishal Singh has been serving the people of India for the past 16 years. Through the Vijay Sri Foundation, he provides free meals to cancer patients & their families ,shelter, and education for women & children along with running free old-age homes in Lucknow.
In addition to his humanitarian work, Vishal Singh also addresses issues like crime and corruption through his role as Chairman of Seva Path Media and Managing Director of Vijay Sri Foundation.
During the COVID-19 pandemic, Vishal Singh and his team worked tirelessly to provide food and help to the needy, including starving children, elderly citizens, and pregnant women. Despite contracting the virus himself, he continued to assist others after his recovery. He even created a life-saving oxygen regulator using household items, which was praised by doctors both in India and abroad.
In his address at the meeting, Vishal Singh spoke about his mission to create a hunger-free world. He pointed out that India’s large population, along with issues like unemployment and poverty, has caused the country to fall on the Hunger Index. He urged people to contribute just one handful of grains daily to help create a hunger-free world.
He concluded by saying that through social participation, we can empower the people around us, meet their basic needs, and work together to build a stronger, more prosperous, and developed society.
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