This gentleman is soft spoken, but brings out the hidden truth, like P.T.R Palanivel Thagarajan, the other day observed that " my hands were trembling" with the SBI asking more time. It's just a click away from getting the required documents in seconds in the AI world.Shame on SBI.
A whopping 6500 crores, CJI and ALL very well knew that SBI would give such an answer... that too after 17 days..... its pure planning and a larger teams job...headed, of course, by pm 100% - its a bloody shame
India's people,media neglected thousands of crores pm cares scam,now people,media will neglect electoral bond scam,nothing happens to modi,bjp,sab changa si since modi,bjp has media,corporates support
BJP and RSS paraded lies half truths and media, corporates supported BJP to dislodge Congress from power. And the most corrupt PM ever told the public he is the most honest man and people believed him. All these nine years and 10 months he pulled wool over janta's eyes and made them fools. Not only that he enriched himself with ill gotten money and ran up a loan 205 lakh crores against 55 lakh crores taken by previous 14 PMs. To boot he has PM cares fund on which there is no transparency.
SBI chairman knows like many officers both with and without uniform that Modiji will ensure protection from all criminal charges assured by BJP judges and Police.
A whopping 6500 crores, CJI and ALL very well knew that SBI would give such an answer... that too after 17 days..... its pure planning and a larger teams job...headed, of course, by pm 100% - its a bloody shame
*If serious to establish rule of law in India Supreme Court must dismiss SBI Chairman immediately, stop his salary & pension, presently citizens of India feels rule of law in India is only applicable on helpless citizens of India*
A whopping 6500 crores, CJI and ALL very well knew that SBI would give such an answer... that too after 17 days..... its pure planning and a larger teams job...headed, of course, by pm 100% - its a bloody shame
Since its so complicated, SBI is busy learning latest Microsoft Excel and ChatGPT with AI add-on to collate the information asked by the Honourable Supreme Court. Thats why it needs 90 days time.
A whopping 6500 crores, CJI and ALL very well knew that SBI would give such an answer... that too after 17 days..... its pure planning and a larger teams job...headed, of course, by pm 100% - its a bloody shame
India's people,media neglected thousands of crores pm cares scam,now people,media will neglect electoral bond scam,nothing happens to modi,bjp,sab changa si since modi,bjp has media,corporates support
All that is required is the serial number of bond and where it is credited. If SBI says that bonds have no serial number, it is a greater scam. How did SBI arrived at the balance sheet, without knowing where the bond went! Does SBI say that " money in " and " money out " were not part of their Balance sheet? If that is so , all black money can be monitised.
Proud to be that we are digitization india. Unable to provide small 20000 data eventhough 5th largest economy of the world . Well done PM for you hard work for digitalization.
The supreme court of India in keeping it's commitment and integrity to guardianship of the constitution must issue a notification to election commission of India that in no circumstances it will impose the model code of conduct for 2024 general election until the SBI contempt matter fixed for hearing on 11 th March, 2024 is decided with regard to disclosure of electoral bond money to political parties.
India's people,media neglected thousands of crores pm cares scam,now people,media will neglect electoral bond scam,nothing happens to modi,bjp,sab changa si since modi,bjp has media,corporates support
CMD SBI must appear in court and declare his statement, if other in sbi gets data in a day, He must be sent to jail straight as CRORRS of people's Bank SBI is. 😮
A whopping 6500 crores, CJI and ALL very well knew that SBI would give such an answer... that too after 17 days..... its pure planning and a larger teams job...headed, of course, by pm 100% - its a bloody shame
At 16:17, he made clear what is exactly the issue and that's the reason why the whole debate has started. It is the right of the voters of the country and the right of the shareholders of the company to know, what quid pro quo transactions have happened.
Only sbi has data of who purchased bond. Opposition can't know. Govt if required can know by demand from sbi. Opposition doesn't have that privilege they are not governing
@@kechi_kechi No. In fact opposition could have set examples by not accepting these funds through electoral bonds and should have strongly opposed it but they have failed to do so.
Contempt of courts should be invoked. The information is available by using a finger tip. Bank transactions are closed evey day. The accounts are audited. What is the value of the direction of Supreme Court with respect the Premier Bank of India. ? SHAME , SHAME.......
Subhash ji, I respect how you are actually making things easier for us to understand. But, you are repeatedly missing 2 points the supreme court observed while stating that there is a reasonable possibilty that there could be black money coming into Indian politics. 1. The limit of total donation was lifted from 7.5% of total profit. So, in essence even loss making Cos. could make donations. 2. Foreign cos. with an Indian subsidiary can donate. We have to acknowledge that there are top judges in the Supreme court, who know what they are doing! So, calling this a positive step to increase transparency? Well quite frankly this is exactly what the honorable SC's judgement states it doesn't do! Mind you, they have gone through every evidence & document from both sides to come to this conclusion.
The honourable Supreme Court in its verdict has declared the Electoral Bonds illegal. As per information available in public domain the lion's share is received by the ruling BJP. The court also asked the SBI which is the authorised agency to collect Electoral Bonds, to furnish the full information public by submitting it to the Election Commission. Why is the SBI reluctant to provide the information? Furnishing the information within the stipulated time schedule is not a big thing. It should have been done within the time schedule. SBI's strange request seeking extension of time till end of Jun 24 has raised serious doubts in the minds of the people. Is SBI under pressure not to furnish the information immedately? If so, who is behind the SBI's action? Now it is to be seen what exactly is the honourable Supreme Court going to do next.
. ...At the end of every financial year balance sheet will be prepared. .....The SBI should have shown electroral bonds in the balance sheet either as asset or liability. .....so seeking time untenable
Why not this ex burocrat file an application to put forth his solution to submit ? Who is avoiding him ? Is this not his duty towards nation as ex official ?
It is not the engineers who build sky scrappers, it is the workers who build the engineering marvels. Of course, engineers have their role to play. Similarly, it is not the SBI chairman who works in the SBI, it is the employees who work. A subordinate level employee can easily elicit the data called for at the touch of his finger on the keyboard of the PC in which he is the user. Here the SBI chairman has to perform the role of a facilitator- that is when an employee finds it difficult to do a work assigned for him, the man in the executive post should intervene and ease the stress of the employee for which an executive enjoys an elevated status. Here, we see the chairman is acting like a regulator instead of being a facilitator. It is beyond comprehension how such an executive can contribute to increase the efficiency of the bank? Assume a chairman is leave for six months, the SBI will not come to a standstill. Now, assume ten subordinate officials in the SBI are on continuous leave for a month - the branch will be constrained to seek the help of the employees from its other branches on deputation. What does it mean? If the chairman finds it difficult to furnish the data called for, the immediate junior of the chairman should intervene and help him tide over the situation. What we see here is children's "hide and seek" game.
The Former Finance Secretary should know that just because an Act has been passed in the Legislature does not make it a law. It should be in consonance with the Indian Constitution too. If the SC has said that an Act or an amendment thereof is unconstitutional then citizens cannot hide behind the veil of privacy to cry foul.
I even strongly feel that: 1. All economic offenders such as Mallya, modi, Nirav and many more absconders as well ED, IT And CBI targeted companies a kind of “HAFTA VASUL” kind of collection etc will be exposed In case supreme court considers the SBI request based on the lies and misleading act of bank, then the court instead of punishing the bank severely Supreme Court looses its credibility I am not surprised of collusion of modi and SBI, keen to know how supreme court will uphold justice in the matter?
It departnent can also give data becsuse for party must have issued PAN card no Addhar Card and must have provided st the time of applying for putrchase of bonds. From PAN card you can extract the same
In order to flourish democracy in the country, other institutiins should also be democratised. It is right to say that the Electoral Bonds is only one source of income for the political parties. The complete black money used in elections should be eliminiated. When there is a ceiling of expenditure for every candidate, why should political parties spend huge money in election? Misuse of government machiney by the Ministers in the impending elections should be curbed to ensure level playing field.
I'm surprised that a so-called intelligent IAS officer is saying that for 10-15% of the total expenditure on elections, it was better that anonymous bonds were used to make donations to political parties. He admits that neither the corporates nor the political parties have pious intentions. Is it difficult for any sane person to understand that anonymity in such a case would be detrimental to the larger interest of the society? This is where dishonesty in our bureaucrats creeps in.
No. Its not possible. Its all coded to keep it secret at all branches. As assured to buyers. Its against the promise made to bond buyers. SBI had to take legal steps to do so
Misleading? From the number on the bond purchaser, redeemer, amount, date sold, date redeemed. Number identifies the amount moving out of the bank and the amount redeemed. It should tally. Otherwise, nothing makes sense dear secretary. Think about it.
Where is the check against chrony capital and quid pro quo if the argument of the ex finance secretary is to be accepted. Transparency will be a joke if the details of the purchasers of electoral bonds and the beneficiary political party are kept undisclosed. Voters have a right to know the true bona fides of the party with reference to the funds it is receiving and the quid pro possibilities between them. We have cases of waiver of bank loans of corporate giants amounting to lakhs of crores. This is public money and the public have a right to know whether the beneficiaries of the bank loan waivers are donating electoral bonds to the party in power.
When bureaucrats and high profile officials make such lame excuse, do they not find they are involved in conspiracy. To uplift the society, they should always exercise clean way .
All this is a clear indication as to which direction this country is heading for? The circumstances are such that if not controlled, the things are going to harm this country terribly. Those supporting such things are either associated with their ideology or are not understanding the conspiracy behind all this .
A whopping 6500 crores, CJI and ALL very well knew that SBI would give such an answer... that too after 17 days..... its pure planning and a larger teams job...headed, of course, by pm 100% - its a bloody shame
SBI is asking for time because they are actively changing the data right now. Data in its current form will cause more harm, so they need time to change the data. New companies are being created in back date and bonds data is being changed to point bond being issued to them, so it does not point to the actual corporates/people who originally had purchased.
BJP and othet parties should be asked the source of donations why ask SBI. also proceed against FM SBI chairman and RBI governor and the Finance Secretary and Chief of PMO.
Thieves are more confident than the Former Finance secretary. He stammers so much in every word. Anpad politicians don't care for the Supreme court. Sad story for India.😢
A whopping 6500 crores, CJI and ALL very well knew that SBI would give such an answer... that too after 17 days..... its pure planning and a larger teams job...headed, of course, by pm 100% - its a bloody shame
With all respect Sir, everybody know this but it seems our beloved cji of India is unable to take any decision against the criminals due to the reasons best known to him, so let's hope against jope.
True true what The Finance secretary says the details could be generated with in 3 minutes ie the printing time if it prints in a bank computerised core banking and daily balancing system. SBI and their advocate try to mis lead the hon judges of the highest court of India. It is ridiculous and childish
Yes, the SC has asked for data purchaser-wise and party-wise and in both cases bond-wise. I can only make a guess that compiling bond-wise data could be somewhat difficult. Suppose a company has purchased 50 bonds of one cr each and given say 40 to BJP and 5 to Congress and 5 to some other parties. 50 cr will be the amount in bank account but not bond-wise. In any case there is no reason to delay. Music in SC on 11th. Let us see what happens.
SC has only asked to furnish details of 1. Who bought the bond? 2. Who encashed it? It doesn't take much time at all is what he is saying. So don't try to confuse people with your comment dear.
@@kbps6323 No not just this. The court wants bond wise data. Date of purchase and name of purchaser and denomination. So if I continue my example , SBI cannot write 50 Cr and name of Co. It is required denomination and bond-wise. Still it is very much possible to open envelopes , call for 100 employees in a hall and make statement in one day. No excuse
A whopping 6500 crores, CJI and ALL very well knew that SBI would give such an answer... that too after 17 days..... its pure planning and a larger teams job...headed, of course, by pm 100% - its a bloody shame
It would be better to think as to how right funds are created for politics in this country. This narrative on SBI do not solve issue except those who gathered less bond can blame the other. Don't bond buyers trust govt in power., naturally.?
SBI CHAIRMAN AND SOFTWARE TEAM SHOULD BE SCRUTINIZED. AS MORE TIME THEY NEED THEY ARE TRYING TO TAMPER. THE SOFTWARE DEVELOPERS TOO SHOULD BE WATCHED IE COMPANY LIKE INFOSYS.
A whopping 6500 crores, CJI and ALL very well knew that SBI would give such an answer... that too after 17 days..... its pure planning and a larger teams job...headed, of course, by pm 100% - its a bloody shame
India's people,media neglected thousands of crores pm cares scam,now people,media will neglect electoral bond scam,nothing happens to modi,bjp,sab changa si since modi,bjp has media,corporates support
Listened to his interview with Karan thapar he will not admit the truth. Its redundant. Probably he is defending the govt. He will never speak about the truth.
A whopping 6500 crores, CJI and ALL very well knew that SBI would give such an answer... that too after 17 days..... its pure planning and a larger teams job...headed, of course, by pm 100% - its a bloody shame
A whopping 6500 crores, CJI and ALL very well knew that SBI would give such an answer... that too after 17 days..... its pure planning and a larger teams job...headed, of course, by pm 100% - its a bloody shame
