The sad story of Indian banks, ministries, Court
Send email to Supreme Court regarding irregularities but it seems they are least concerned
The banks have disbursed loans which they themselves know that they will become NPAs and no recovery possible
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The modus operation in #realestate newspapers full of advertisements with ponzi schemes in convince with banks who approved these ghost projects trapping #CheatedHomeBuyers
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SEBI failed to penalize listed banks and loan companies for non compliance with regulations
They are doing fraud with #depositors #shareholders which will impact future trust on Indian companies by FIIs
![](https://pbs.twimg.com/media/ESmn1lNUEAAsScQ.jpg)
Complaint to auditors but they are least interested as there would be loss of roasted cashews and....
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Sent email to auditors of PNB raising red flags but they only care about their audit fees
No one raised any concern for such ever increasing NPA in last five plus years of their audit
![](https://pbs.twimg.com/media/ESmrw6eVAAAgwHe.jpg)
Warned mutual fund companies regarding high level of risk with banks but they are not bothered to take care of public money under premise of "Mutual Funds are not safe" looting public money who invested money for their better future
![](https://pbs.twimg.com/media/ESmtJZ5U4AA5sG9.jpg)
After no response from audit companies, email sent to ICAI
But same old story, they want me to prove the allegations, it is in public domain that Banks are reeling under NPAs from last 5-6 years at least but no red flag by the auditors
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Tired of fighting but govt, Court, police, media least bothered to save public interest in this largest democracy of world.
Shame for this public loot and this is not going to stop in near future
Best luck to fellow Indians
#CheatedHomeBuyers #SAVEJPWISHTOWN