What is so SHOCKING for Nirav Modi LOOT of Mother-India (PSU Banks), any TOM-DICK-HARRY including this blogger would have LOOTED the PSU Banks same way as done by Nirav Modi or for that matter his predecessors like Vijay MAL LYA as they never LOOTED at GUN-POINT!!! Need to have an effective DETERENT mechanism like “CANNING”, thought of which will make these VIJAY MALLYAs/NIRAV MODIs/DESHBHAKT NETAs/GANGRAPE criminals P in their pant whenever they think of LOOT n GANGRAPE of Mother-India!!!

Yes, its BITTER TRUTH, who in this KALYUG will not LOOT Mother-India (PSU BANKS),
if the Banks issue LOUs against not a single supporting COLLATERAL and that too for 8 LONG YEARS, after all Banks are not LOOTED at GUN-POINT, rather they have opened up their vault for LOOT to happen, as there is no effective Deterent mechanism that could have forced these Bank staff think twice before committing such crime!!!
And this is exactly why Mother-India needs to have an effective DETERENT mechanism like “CANNING”, thought of which will make these VIJAY MALLYAs/NIRAV MODIs/DESHBHAKT NETAs/GANGRAPE criminals "P" in their pant whenever they think of LOOT n GANGRAPE of Mother-India!!!

Now understand the core issues hidden behind this Mega LOOT as under:

Issue is NOT:
Why PNB went on creating LOU after LOU (PONZI game like cheat fund, recent  case of Sharda Scam in West Bengal) without any supporting collaterals so that each LOU clear dues of previous LOU?

Why PNB’s NOSTRO account audit report never exposed this LOOT?

Why none of the LOUs reflect in CBS (Core Banking System) so as to hide such LOOT from Hawkish Eyes?

Why retired Deputy Manager Shetty went SWIFTer & SWIFTer by issuing 143 LOUs in 63 Days starting from 01March2017 with all HAWKISH EYEs closed around him?

How can SWIFT PIN be leaked out of PNB?

Why whistle-blowers complaint were IGNORED, rather they were advised to resign?

Why (the then in 2011) ruling party and (now) ruling party did not stop the LOOT during their respective tenure be it from 2011 to 14 or 2014 till date for obvious reason which is our system allow even today anonymous donation in party fund, thus allowing Nirav Modi or Vijay Mallya leaving Mumbai Airport PROUDLY and BOLDLY with 19 Bags after LOOTING Mother-India?

How can LOUs be issued randomly using SWIFT messaging platform without multi-Layered AUTHORIZATION which is an International Norms of Risk management mandated and practiced  by SOX Audit for all banks and NBFCs?

Jago AAM AADMI JAGO!

Issue is One n Only One: Under which Deshbhakt Neta’s instruction, those Shetty/Karat team misused LOUs to Loot Mother-India on behalf of MNC CEOs like Vijay Mallya or Nirav Modi who in turn filled up the pocket of Party Fund and its Deshbhakt Netas? Mother-India will be greatful if Govt have the GUTS to expose this truth before Shetty/Karat faces the same fate of TELGI who died in jail without exposing a single Deshbhakt Neta for obvious reasons!

How long we shall allow our Political Parties to accept anonymous donation  to the tune of Billions without disclosing the names of DONORs: Can anyone GUARANTEE that under the BURKHA of  “UNKNOWN” sources, List of Donors are not starting with DAWOOD: http://rationale-jay.blogspot.in/2017/02/if-unknown-sources-can-be-legitimized.html ?

Just for the sake of covering Election expenses by political parties and returning favors to Industrialists, how long PSUs will be forced to bleed for filling up the Burkha-Cladded bank A/cs of Political Parties and their DESHBHAKT NETAs? Managing election at a fraction of its cost: http://rationale-jay.blogspot.in/2011/09/managing-election-process-without.html

So, whats the possible mitigation required to stop such Loot:
Need to have an effective DETERENT mechanism like “CANNING”, thought of which will make these VIJAY MALLYAs/NIRAV MODIs/DESHBHAKT NETAs/GANGRAPE criminals "P" in their pant whenever they think of LOOT n GANGRAPE of Mother-India!!! And above all,
Impose SOX Audit (be it FULL or PARTIAL!) on PSUs and Impose QPA and CANNING before its TOO LATE!!!

Its obviously imposing 2 Missing tools in our 70Yrs old ROTTEN, TOOTHLESS, IMPOTENT governance model which are QPA and CANNING as mentioned above;
Imagine a scenario of VIJAY MALLYA or NIRAV MODI or for that matter some DESHBHAKT NETAs getting Multiple strokes of CANNING (in addition to other punishment of Jail terms) in their BUTTOCK for Looting Mother-India; will anyone have the GUTS to Loot after above CANNING example???

AND

Impose SOX audit on war-footing on all PSUs, if not fully, implement PARTIALLY that will at least destroy the attempts of executing SWIFT transaction at the very moment it is attempted by these Shetty/Karat who are Sub-Ordinates of DESHBHAKT NETAs and their Political Party !!!

Above all, How long these Media Channels including Mirror Now (run by Ladies Anchors) will continue its TRP-Oriented journalism by remaining silent over demand of imposing
QPA on Highest Chairs of India!
Why QLY PERFORMANCE AUDIT (QPA) and CANNING is must in any GOVERNANCE, be it for INDIA or for any other nation: http://rationale-jay.blogspot.in/2013/09/why-qly-performance-audit-qpa-and.html
and
CANNING for Rape/Acid attack/Bomb Blast/Communal Riot Criminals alongwith such LOOTERAH Ministers and their henchmen MALLYAs / NIRAV MODIs looting Mother-India ever since AZADI!
Why CANNING is the biggest deterrent to all crimes, be it LOOT by Vijay Mal lya/Nirav Modi or RAPE or Bomb Blast or Communal Riot: http://rationale-jay.blogspot.in/2014/03/in-absence-of-qpa-and-canning-both.html

Deputy Manager Shetty/Karat or for that matter Bank MD or CEOs are mere PAWN in the hands of Ruling Party who had instructed these Bank employees to run this VICIOUS CIRCLE of PONZI LOOT by way of creating LOU randomly year after year against which a fat donation had gone to party fund (be it ruling or opposition) followed by CUT-MONEY flowing down right from Party-Fund in the form of DONATION (that too protected from RTI ambit) to the 17-18 Idiots pocket who were rather forced to bring down their pants (like 3-Idiots did!) by none other than our DESHBHAKT NETAs and their party!! The more you LOOT, more you are protected under POLITICAL BURKHA in India like RTI exclusion: http://rationale-jay.blogspot.in/2014/02/the-more-you-loot-more-you-are.html

This is exactly why Mother-India is run by Two Major ruling and opposition parties who have not filed their Income Audit Report since Azadi till today: http://www.news18.com/news/politics/bjp-congress-continue-to-default-in-filing-income-audit-reports-says-adr-1653649.html even after enjoying all amenities and allowances FREE for full 5years, once elected: http://rationale-jay.blogspot.in/2015/07/still-have-doubt-as-to-who-should-be.html

Finally a challenge to ruling Govt: Have GUTS! Impose QPA ON HIGHEST CHAIRS OF INDIA under the umbrella of Digital India: http://rationale-jay.blogspot.in/2015/07/by-simply-imposing-qpa-on.html, in addition to CANNING for Rape/Acid attack/Bomb Blast/Communal Riot Criminals alongwith such LOOTERAH Ministers/Deshbhakt Netas  and their henchmen MALLYAs / NIRAV MODIs looting Mother-India ever since AZADI!