When it was conveyed to Sanjay Gandhi, he asked for the Chairman to meet him. Talwar, however, refused to go, saying Mr Gandhi holds no official position to summon him for a meeting.
That was easier said than done. Finance ministry officials were aware of the standing that R K Talwar enjoyed in the industry, as also the limitations under the SBI Act.
So they worked out an alternative. FM called Talwar and
The FM had no choice but to get back to Sanjay Gandhi explaining that due to provisions of the
#CBI was then asked to search the entire history of R K Talwar and come up with sufficient grounds that would justify his dismissal. CBI tried digging everywhere but couldn't find anything except that
CBI spoke to almost each & every borrower of the Bank who had donated to #AurobindoAshram to collect evidence
He then ordered that the Act be amended, to do away with the requirement of "sufficient" ground.
Being #Emergency days, that was easy & the amendment was got passed by parliament w/o resistance.
Such was the reputation & standing of R K Talwar that even with all
The fear that was set in then persists till today.