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ഈ അടുത്തിടെ   ഉണ്ടായ ചില സംഭവങ്ങളി ൽ പ്രതികരിക്കണം എന്ന് തോന്നിയത് കൊണ്ടാണ്   ഇത് കുറിക്കുന്നത് . ബാങ്കി ൽ നിന്ന് എടുത്ത വായ്പ ...

Friday, 12 July 2024

Fabricated cases

 The chargesheet filed by the CBI in the ISRO espionage case exposes a very dangerous position vis a vis cases filed by the police. As per the charge sheet one officer of Kerala police could foist a false case on a foreign citizen and expand the case to implicate a renowned scientist of the country not only damaging his reputation, but also subjecting him to physical torture!! It is quite distressing to note that some senior IPS rank officials also contributed for sensationalising the case, for motives unknown. The media of the state also played into their hands by carrying out daily reports on the progress of the case and also running their own 'investigating.reports'!

Finally the Supreme Court came to the rescue of the accused and made them free and also ordered payment of compensation to the scientist . Now that the cbi has come out with their conclusions on the parts paid by the police officials, shouldn't the government recover the amount of compensation paid to the scientist from them?
The fact that one of the accused could rise in the force and become the chief of state police makes the case all the more serious. How can a citizen believe the veracity of the cases charged by such a force and what is the guarantee that the accused will get justice? The officers, with all the resources at their disposal,  will be able to fabricate or.mamufacture the evidence they require for the 'success' of the case. 
It is high time the 'impartial and independent' nature of kerala police is restored and citizens are assured of justice at any cost

Friday, 5 July 2024

Co operative societies as banks

 It is observed that Reserve Bank of India has been regularly releasing half page advertisements in newspapers informing the public that co operative societies are not authorised to use the word 'Bank' in their names as they are not registered under Banking regulation act and deposits with such societies are not eligible for insurance cover. However, as a regulator, other than releasing the ads, RBI does not appear to take any other steps against such mis leading acts of co operative societies . Bu unauthorisedly using the word Bank in their names these societies are cheating the public to keep their money with them,that too offering interest rate higher than that offered by regular banks. Thus the gullible public are lured to these entities not knowing the fact that their money is not at all safe there.

I would like to appeal to RBI to initiate some proactive steps to ensure against such unauthorised use of the name Bank by the societies. Proper legal action should be initiated against such entities by the RBI, I feel.