S.O.S - eVoice For Justice - e-news weekly
Spreading the light of humanity & freedom
Editor: Nagaraj.M.R....... vol.5 . issue.19 .........09/05/2009
EDITORIAL : FINANCIAL TERRORISTS OF
Corporate fraud is nothing new to
The CORPORATE CRIMINALS & RICH CRIMINALS buy favourable government reports , records from the government officials commit bigger crimes , escapes from legal prosecution by proving their innocence , honesty with the aid of BOUGHT GOVERNMENT REPORTS & RECORDS. The courts of justice lacks broad vision , it has only narrow vision as a riding horse’s vision is narrowed . courts of justice is only bothered about technicalities , evidences , records , it lacks the spirit of QUEST FOR TRUTH , it lacks truth finding mechanism out of massive reports , records , evidences. The rich criminals are in a position to manipulate , buy out evidences , government reports , so definitely they will escape from hook. Today , I can convincingly state that our legal system is such that , even the terrorists who attacked our TEMPLE OF DEMOCRACY - THE INDIAN PARLIAMENT will be let free , when they can fully buyout evidences , reports , etc.
In this backdrop , the corporates technically maintain clean public
image although privately they are frauds , criminals. If anybody makes
a statement of truth against them , those corporate criminals will
slap defamatory & other criminal charges against such persons. The
courts of justice upholds the claims of not the speaker of truth but
the corporate criminals , on the basis of bought evidences ,
government reports. The courts doesn’t go into the truthfulness of
those reports , evidences & sends the speaker of truth to prison. If
any person has made any complaints of fraud against Satyam Co , two
months back he would have definitely faced criminal prosecution &
jail term. As all the records , auditor reports , company secretary
report , reports of ministry of company affairs , reports of tax
departments , everything was in it’s favour. The courts are only
bothered about evidences , records which were all in satyam’s favour ,
the courts are least bothered about quest for truth & justice. In this
Just recently after Ramalinga raju’s own statement , does it became public that the reports of auditor , company secretary , related governmet records are all false. Base linbe everything was bought. Do remember that whether it is SATYAM FRAUD , ENRON SCAM or XEROX SCAM , those were not found , revealed either by our investigating agencies or the government. Satyam’s Fraud came to light due to pressure created by the recession , market forces on the company’s promoter Mr.RAMALINGA RAJU & his resultant confession , Enron scam was unearthed by US investigators in USA during the corse of their investrigation , It is the same with XEROX Co . till those revealations , those companies were good , legally abiding cos in govt records. THAT MEANS THEY HAVE BOUGHT OUT INDIAN LEGAL SYSTEM EFFECTIVELY.
In this manner , in India most of the entrpreneurs small shop owners to big corporates buy out tax officials , labour department officials , pollution control board officials , etc & openly indulge in unfair , illegal trade practices , labour practices , legal violations , etc , still go unpunished , as as per book , the government records they are law abiding , persons , corporates.
Entrepreneurs , promoters of big corporations collect public money either through shares , debentures , bank loans or all . so ideally public are also stake holders in such companies . The criminal entrpreneures , promoters siphon-off companies resources in various ways like selling company assets to their sister cos at a lesser value or purchasing assets from sister cos at a higher value , giving loans to sister cos at low interest rate or taking loans from sister cos at higher interest rate , etc. in this way they siphon-off resources of public companies / enterprises with bank loans to their own family owned sister cos. We at e-voice of human rights of watch are ready to catch such corporate criminals & help the government , ofcourse subject to conditions , are you ready ?
The tax officials of central & state governments are hand in glove with these corporate criminals & traders. For a price, they are helping corporates & traders in evading tax. Most of the tax officials are wealthy & leading luxurious lifestyles , much beyond the scope of their legal income. The black money thus generated every year by tax evasion , is many times more than our total annual budget allocation. As a result, all our fiscal reforms fail & inflation is soaring. This black money is the source of illegal funding of political parties , terrorist outfits & underworld. It is a greater threat to national unity & integrity.
Both the central government & karnataka state government have failed to collect the full , actual tax dues from corporates & traders. As a result , the governments don’t have enough money in their coffers even to provide basic needs like health care , education , safe drinking water , etc to the poor & needy. For every Rs.100 tax evaded , one poor patient is dying without medical care , 10 poor persons lack education , 100 persons don’t get safe drinking water , 100 persons barely survive on a single piece meal per day , 20 persons starve. Most of The government officials , ministers & people’s representatives who have deliberately failed in their duties of tax collection & welfare of poor citizens , SHAMELESSLY indulge in luxurious lifestyle at the expense of poor tax payer . they live in paltial bungalows , chauffer driven AC cars , all living food expenses paid by exchequer , dine at 5-star hotels , only drink bottled mineral water , eat non-vegetarian dishes , drink alcohol sitting before mahatma gandhi’s photograph & preaching mahatma’s ideals. Mahatma preached & practiced simple living , vegetarianism & he was teto teller , he paid for his expenses from his earnings . these public servants are parasites , who are making merry at the expense of tax payer.
Some non government organisations ( NGO) have formed trusts and under the aegis of those trusts are running educational institutions , hospitals , community halls , etc , in the name of providing free / subsidised services like education , health care , etc to the poor. It is only in record books , they conduct fake medical camps , self employment training camps . in practice they are running these educational institutions , hospitals & community halls as commercial enterprises & collecting huge fees. they are not even remitting full fees collected to the trust account & swindling the money. no outsider is allowed to become a member of these NGOs , only their cronies & their family members are in these trusts.
Numerous NGOs promoted by religious bodies , mutts
are swindling public & government money to the tune of crores of
rupees. Nobody dares to question the heads , pontiffs of these
mutts , as at his feet VVIPs , ministers fall down. These religious
bodies are hot beds of fundamentalism , terrorism & mafia. Hwere is
the accountability of religious bodies & political parties in
Inspite of bringing specific cases to the notice
of authorities , they are mum ? hereby , E-VOICE FOR JUSTICE
offers it’s services ( subject to conditions ) to the governments of
Jai hind.vande mataram.
CRIMES OF RBI & CBI & IT’S COVER-UP - An appeal to honourable supreme court of India
The central bank of India Reserve Bank Of
Hereby , I do request the honourable supreme court of
SOILED NOTE FRAUD CASE @ RBI
Complete case details also available at http://members.lycos.co.uk/ganapathihariram/
As per allegations of RBI management
As per allegations of the management , the crime took place in the period of 1977-79 at RBI Bangalore. A nexus of employees, took away the currency bundles meant for destruction & substituted it in the place of bundles of reissuables.
Charge sheet issued by RBI Bangalore office to mr.G.Hariram Staff no.3698/156/84-85 dt 1 april 1985 Amended charge sheet staff no 3798/156-84/85 dt 8 april 1985
CBI has charge sheeted 17 employees in connection with this case ,
case olde no. cc34/1989 new no. sc 436/1991 . the
honourable 21 city additional city civil & sessions court
Even after coming out clean, mr.G.Hariram was not reinstated into service by RBI. They gave the ruse of domestic enquiry & showed contempt to the court order. On appeal, the honourable high court of Karnataka ordered RBI to review it’s order with respect to mr.G.Hariram , still RBI failed to reinstate mr.G.Hariram into service , once gain showing contempt to the court of law.
In India as per law , the decisions of court of law are binding on all , orders of court over rides the organisation’s internal rules , service rules , etc. inspite of lack of evidences, in a whimsical manner the higher authorities of RBI , fixed some innocents as the scape goats heaped all charges against them ( against whom they had personal grudge , dislikes ). RBI repeatedly showed contempt to the court orders , dismissed the scape goat - ailing old man mr.G.Hariram from service. RBI snatched away his PF money towards the alleged loss to the bank , didn’t pay his gratuity amount , salary arrears and finally he was even deprived of the pension. As a result , the old man has even lost his social prestige, dignity , his family suffered a lot & he is a mental wreck today.
Why RBI authoroties are hell bent upon to send away the innocents /
scape goats away from service ? why CBI didn’t conduct polygraph tests
of all the accussed , specifically higher officers of RBI , managers
of RBI office
Who will give justice to innocents like old man mr.G.Hariram & who will bell the corrupt , criminals , fat cats of RBI ?
FINANCE SCAMS IN
In “ mysooru mithra” a kannada daily dated 15/06/2005, the editor has
written about a copy of the complaint made by Transparency
International India-Bangalore to central vigilance commission of
In indian banks , there is a strange practice that whenever a cheque is put before the clearing house by a bank, the clearing house sends that cheque to the service branch of bank paying. The service branch then sends that cheque to the appropriate bank branch for deduction of cash from the cheque account. In this travel , if the cheque is lost or misplaced midway, the service branch pays out of it’s suspense account to the cash collecting bank. Logically, afterwards the service branch must initiate a thorough inquiry, get authentication from both persons one who gave cheque & other who collected cheque. Finally, the money must be transferred from the account of cheque giver to the suspense account.
However , upto 1997 two branches of state bank of india in bangalore & overseas branch sufferred from frequent loss of cheques totally amounting to RUPEES THREE THOUSAND TWO HUNDRED CRORE. In all cases of cheque loss the bank has paid out of suspense account, totally amounting to Rs.3200 crore. However the bank has not initiated any enquiry to recover that amount from the cheque givers.
In the 1997 internal audit report of the bank itself , this has been
clearly pointed out. Till date, even the central vigilance commission
has not initiated any action about it. A member of central vigilance
commission happens to be ex-chairman of state bank of
It is just an instance of two branches of SBI, what about hundreds of branches of SBI, what about thousands of branches of other public sector,private sector & co-operative banks. It is fraud,fraud,fraud all the way. Few months back to cover-up the crimes of global trust bank ( GTB) , it was taken over by oriental bank of commerce ( OBC).
While sanctioning a loan of just Rs.10000 to a common man , he has to comply with lengthy legalities. If he defaults, bankers breath down his neck, bankers send rowdies in the form of recovery agents to humiliate the common man & his properties are auctioned-off, finally all dues to the last penny are recovered. In most of the cases bankers even force the defaulters to commit suicide. However influential persons easily gets loans amounting to hundreds of crores of rupees, coolly defaults, siphons-off the funds & shuts his shop. No recovery at all , just it becomes a non- performing asset (NPA) in the bank ledger. The total NPAs of all public sector banks is more than Rs.80000 crore. This burden is spead over the crores of hapless indians.
The government takes pride in murdering forest brigand veerappan. The
ill-gotten wealth of veerappan is not even pea nuts before this huge
amount. Remember past finance scams – MS SHOES, HAWALA, HARSHAD MEHTA
SHARE SCAM, KETAN PAREKH SHARE SCAM, UTI, etc. totally in all these
scams billions of dollars of public money have gone to the coffers of
criminals. These scamsters put veerappan to shame in their turnover.
However the government is not even exhibiting a fraction of it’s
More than 50 billion indians are barely surviving on a single meal per
day & hundreds are dying due to starvation, billions don’t even have
basic necessities of life. If the government even just collects a
fraction of it’s dues from scamsters, defaulting industrialists –
people won’t die of hunger in
AN APPEAL TO UNION FINANCE MINISTER GOVERNMENT OF
An age old saying – AS THE KING SO DOES THE SUBJECTS. In india various financial scams, crimes & it’s cover-ups have taken place amounting to billions of billions of dollars have taken place, made possible , just due to the involvement of the king – the netas & government officials themselves in the shameful act – the crime.
The tax officials are utterly corrupt, the wards of these officials
spend double their pappa’s salary just during
weekends. Now, realise their financial might. These ill-gotten wealth
is destabilising our economy & might have even found it’s way into the
hands of underworld, terorrists.
Hereby, the HRW urges you to make public:
1. the financial worth of finance minister to tax official at circle level, on annual basis including his spouse’s worth & property details.
2. to make public the NPAs, losses & monies under litigation by both private & public sector banks annually.
3. to make public measures taken to recover these monies.
4. to publish annual accounts with complete details of discretionary funds allotted to the defence ministry, president, prime minister, chief ministers , governors & intelligence agencies.
Public want to know whether proper discretion is being applied while spending.
CORPORATE CRIMES & CORRUPT PUBLIC SERVANTS – Root cause of naxalism ,
The corrupt public servants together with corporate criminals are
looting the state exchequer , looting the resources which rightfully
belongs to all the people , public. Thereby, making those public
utterly poor. This has created a wide chasm between few utterly rich
people & crores of utterly poor. This has generated lot of socio-
economic problems in
The government is trying to tackle the problem of naxalism , terrorism by violence , instant justice like fake encounters , 3rd degree tortures , lock-up deaths , etc. why not government meating out instant justice to corporate criminals & corrupt public servants ?
Both government & public must respect law & democratic norms . The government must aim at the root cause of these problems , like providing realistic displacement packages to project displaced persons , ensuring proper supply of ration through PDS in ration shops , ensuring proper implementation of food for work programmes , ensuring proper free medical care & free supply of medicines to poor in government hospitals , to strictly eradicate corruption in public service & to strictly enforce corporate accountability in India. However , the government is not sincere in it’s objectives or intentions.
Our publication has appealed to the authorities numerous times seeking justice about corporate crimes , still there is no word called justice , why this delay by authorities.
THEFTS IN RBI CURRENCY NOTE PRESS
R.B.I CURRENCY THEFT CASE – COVER-UP ACT BY C.B.I?
- AN APPEAL TO THE
Even in ordinary branches of banks , the safety locker room keys &
currency chest room keys are with senior managers only. with advance
of technology various electronic gadgets like burglar alarms, user id
& palm readers are in use. It is quite shocking to know that , in high
security RBI CURRENCY PRESS ,
Even with respect to my complaint regarding recruitment scandal
complaint no: DPG/B/2005/80049 (2) (RBI) new complaint no: DPG/Z/
2005/90040, neither CBI nor secretary ( finance sector ) department of
economic affairs government of
Hereby, eVoice urges the honourable union finance minister & CENTRAL VIGILANCE COMMISSION to look into the matter & to provide speedy justice to all concerned.
C.B.I COVERING UP THEFTS IN R.B.I Lie detector tests for C.B.I officers ?
Nowadays even free e-mail accounts need password to operate, to operate a bank locker there are multi level security settings. However , it is ridiculous, unbelievable to note that in the high security reserve bank of india currency note press mysore, there were no different key sets , palm readers, pass words, no different authorised persons, no troops of security guards, to access the area.
Just only one security guard- a constable. It is a cock & bull story of C.B.I, that all alone a single security guard stole the booty. There must be a crime syndicate. The C.B.I officers themselves must be subjected to polygraph, brain mapping tests to know why they are lying , to cover-up whom? The C.B.I has not answered previous questions raised by HRW. The C.B.I must answer the following questions :
1. who were responsible for selling the good printing machine at
2. who recruited the candidates below merit rankings in R.B.I for what criminal roles ?
3. how many irregularities have taken place in R.B.I till date ?
4. who is responsible for installing, operating & supervising the security set-up in R.B.I ?
5. how the raw materials ie number of paper sheets, ink, etc are accounted for in inward stores & while issuing for printing ?
6. how wastages, scrap of ink , papers , etc in the printing process are accounted for?
7. How the finished goods ie currency notes are accounted for ?
8. Who keeps physical figures & possession of goods, inventory of all the above?
9. How the scrap paper is disposed off ?
10. From security angle who keeps track from start till dispatch ?
MEGA FRAUD BY GOVERNMENT OF
- An appeal to Honourable Supreme Court of
India has become an IT power , taken giant strides in the field of
science & technology. More & more MNCs are investing in
The banks insist on matching collateral security even for self employment / educational loans by poor for an amount of Rs.5000. if the loans are not paid in time , rowdies / recovery agents are sent by banks to collect the amount by muscle power. As a final step , banks auction-off properties of collateral security to recover it’s dues. Even, the tax authorities mercilessly extract tax dues to the last penny from the middle class.
The same banks, overestimate the project cost of corporates , overestimate the project feasibility & it’s worth and coolly extend hundreds of crores of rupees loans without matching collateral security. The banks extend overdraft facilities without matching collateral securities , to these corporates. When loans are not repaid, no rowdies are sent by banks. The promoters , directors of such tainted corporates drain – off the companies resources cunningly through insider trading , finally making the company sick. Such companies don’t pay taxes , electricity bills , water bills , etc properly to respective authorities. The authorities are deaf , dumb & blind to all these actions of such corporates. At the end , banks write-off such loans as non performing assets (NPA) & file case before courts for recovery of dues. Even if the properties of collateral security are auctioned-off dues cann’t be fully realized. Finally public money is swindled . ALL THIS IS POSSIBLE DUE TO THE CONNIVANCE OF KEY BANK OFFICIALS , TAX OFFICIALS WITH CRIMINAL CORPORATES SINCE THE INCEPTION OF SUCH COMPANIES . THIS ALSO POSES UNFAIR COMPETITION TO HONEST CORPORATES. How to stop this ? by making corporate accountability ,accountability of bank , tax officials more stringent with penal provisions . afterall , they are playing with public money not their papa’s property.
Already , by the connivance of public servants , bank , tax officials
we have witnessed many scams like harshad Mehta , ketan parekh ,
hawala , etc and more than Rs. 2000000 crore NPAs are on the books of
the banks. Now, the government of
eVoice has extended it’s services to GOI months back itself , to apprehend tax thieves , till date there is no reply from GOI , why ?
Hereby , E-VOICE requests the Honourable Supreme Court of
1. to make necessary amendments to companies act , to make the promoters , directors of the corporates personally accountable for all their actions. 2. to constitute committees consisting of public persons with powers to scrutinize & verify all the actions of corporates for insider trading like – selling products , materials , shares to their sister concerns at discounted prices or buying products , materials , shares from their sister concerns at inflated prices or lending loans at discount rates to their sister concerns or taking loans from their sister concerns at high rate of interest or loaning materials , machines to their sister concerns , etc. 3. to constitute committees consisting of public persons , to scrutinize & verify the annual personal tax returns filed by key bank officials & tax officials , who have amassed riches & leading luxurious life styles much beyond the scope of their legal known sources of income. 4. to recover all tax dues , loan dues , etc from the corporates from the personal properties , wealth of promoters , directors of such companies. 5. to put behind bar the key bank officials who have helped the corporates in swindling public money by overestimating project viability , worth and by overlooking the insider trading of promoters and still extending loans to them. 6. to put behind bars tax officials who have helped such corporates in swindling public money. 7. to take all the necessary help from public like as services extended by eVoice in apprehending tax thieves. 8. to recover & protect public money at any cost. 9. to confiscate all money , properties possessed by directors of such criminal corporates & properties of corrupt bank , tax officials , public servants. 10. to declare illegal black money kept by corporate criminals , politicians , etc in the banks of tax haven countries like Trinidad , Mauritius , Switzerland , etc as national property of India , as public property of government of India & to secure that money to Indian exchequer.
SC poser to govt over black money
Laundering Act to get information from the Swiss government on the unaccounted money parked in banks and there. A bench comprising Chief Justice K G Balakrishnan, Justice P Sathasivam and Justice M K Sharma sought explanation from the government as to why not even a single individual has been interrogated in the last five years in connection under Money Laundering Act and illicit money parked abroad. Senior Counsel Anil Diwan appearing for petitioners Ram Jethmalani and others in his written submissions said: “The most important factor is that not even a single individual has been apprehended/interrogated by the government or UOI in the last five years in relation to money laundering and slush funds from illicit parked abroad.” Alleging blatant inaction in Hassan Ali’s case, Mr Diwan said: “Why has the source of money of such large amounts not being investigated under Prevention of Money Laundering Act, 2002?” “Prima facie this (Ali’s case) is a clear case which can be brought under the Money Laundering Act. It is clear that the Swiss authorities would be bound to disclose information, if criminal cases were initiated against him apart from evasion,” said Mr Diwan. Mr Diwan alleged: “It is not unreasonable to infer that UOI is interested in protecting powerful individuals who may be using Hassan Ali and his wife as nominee/benamindar.” When additional solicitor-general Gopal Subramanium objected to the plea, Justice Sharma said: “Money Laundering Act could be applied to try such cases.”
WHY MULTINATIONAL COMPANIES ARE INVESTING IN
We condemn the brutal massacre by police on farmers – who are going to
loss all their lands , sources.of livelihood for the sake of special
economic zones , industrial parks , etc in various states of
In every mega projects undertaken by government , both the state government & central government have functioned like REAL ESTATE / COMMISSION AGENTS for the rich & mighty . the government says it is acquiring lands for development of industries , for public good. In reality there is only good of rich & mighty.
For forming S.E.Zs , corporates gets speedy single window approvals from government , lands at concessional rates – lower than market value , soft loans from Indian banks , tax exemptions for years from the government , dedicated power supply , etc , from the government . these corporates are even given free hand to raise share capital in the Indian market. the government has enacted flexible labour laws specifically for S.E.Zs , they can hire & fire without bothering to pay gratuity , etc and they are exempted from providing P.F / E.S.I coverage to their employees ie they need not worry about the occupational health hazards of their employees , they can employ them till they are fit & throw them on streets afterwards. These corporates take our own money, employ our own people , use our own natural resources & finally take away the net profits to their home countries – what they give back ? – environmental pollution , tax evasions , low paid occupational hazardous jobs to locals , stock market scams .
During Previous License Regime foreign, investment was not directly
During 1990’s under the international pressure
They are not bringing in new production technologies in the areas like
space research, nuclear energy, bio-technology, pharmaceuticals or
pollution control, to
1. There is lack of comprehensive environmental norms.
2. The enforcement of environmental norms is lax.
3. The cost of health coverage, social security net to be provided to the workers exposed to the occupational hazards is less.
4. The cost of compensation to be paid to the persons-who died or suffered damages due to occupational hazards/environmental pollution is meager.
5. The enforcement of labour laws are lax.
6. Public money can be easily raised through lending Banks, primary
7. The tax can be evaded through various loopholes like transferring
money to holding companies situated at
8. The tax can be evaded, company money can be cheated by lending money to sister / holding concerns at low interest rates or by selling shares, materials to their private companies at low rates or by buying shares, materials from their holding/sister concerns at exhorbitant rates, etc.
9. The corporate governance laws are almost absent in
10. Above all, the time can be bought by very slow Indian legal system, if any dispute arise.
11. On top of it, well trained, technically qualified people are available at low rates through contractors.
Just consider the following cases which highlight the apathy,
irresponsibility of government of
2. The people living near the mines of R.E.M.P. in Kerala are suffering due to exposure to the radio active materials, Same is the case with the people of Jadaguda, Jharkhand, living near the U.C.I.L. plant. Both M/S R.E.M.P & M/s U.C.I.L are department of atomic energy enterprises.
3. Few years back, In
4. In 1984, U.S. based MNC union carbide mass murdered nearly 20,000
people, injured lakhs who are still suffering health problems. The
polluted poisonous accident site i.e. Union carbide plant in
5. In the above union carbide disaster, the Government of
7. The medicines like nimesulide, paracetamol, etc. with hazardous side effects which are banned in U.S.A.& Europe, are easily marketed by the same U.S.& Europe based MNCs in India.
8. In India spurious drugs, medicines, food stuffs are easily marketed.
9. In India, the clinical trials of new medicines under research are done without proper compensation structure to those being tried upon ie. Virtual guinea pigs.
10. In India, the genetically engineered BT crops are being introduced without paying attention to formers, ecology or eco-system.
11. In India, during setting up of large projects, scant attention is paid to environment, eco-system & the displaced persons.
Most of the times, in government projects itself the displaced persons are cheated by the government in numerous ways.
12. In India, various Government as well as private hospitals dumps hospital wastes with deadly viruses in the open, with scant regard to public health.
13. In India, aged ships belonging to foreign countries are breaked down to scrap in ship breaking yards of Gujarath , Maharashtra & AP. Various toxins like the Asbestos, lead, etc & the hazardous, dirty water, Oil inside the ship are drained into Indian seashore. The labourers here are forced to work without any safety gears.
14. When specific cases of human rights violations were brought before the government & Judiciary by us , both of them didn’t respond at all.
All the above cases highlight the fact that, government of India &
Indian judiciary treats it’s citizens lives as cheap, dispensable at
will. This is the major attracting force for MNCs to
CORPORATE ACCOUNTABILITY IN
CORPORATE ACCOUNTABILITY Scandals related to the appalling practices of multinational corporations like Union Carbide (now DOW), Enron, Coke, Cadbury, and others may have shocked the nation and the world in the recent past, but the media rarely highlights corporate crimes that extend to murders, destroying habitats, threatening indigenous cultures, causing disease, contaminating the planet’s food supply, poisoning our groundwater and even destroying the very air we breathe.
You think this is an exaggeration? Well consider this. In Bhopal, India more than 8,000 people died in the first three days after 40 tonnes of lethal gas spilled out from Union Carbide’s pesticide factory in December 1984. People woke in their homes to fits of coughing, their lungs filling with fluid. 520,000 people were exposed to poisonous gases. 150,000 victims are chronically ill, and even now one person dies every two days. Union Carbide merged with Dow Chemical Corporation two years ago and has ceased to exist as an entity while the present owners Dow refuse to accept any pending liabilities in Bhopal including clean-up of the abandoned site.
Monsanto, one of the world’s largest pesticide companies, continues to sell its genetically engineered seeds to farmers around the world despite growing evidence of failure of crops like Bt cotton, that has reduced once well-to-do farmers in the developing world to penury and poverty while the threat of contamination of indigenous species by GE seeds increases everyday.
Bayer AG, a German transnational continues to manufacture and sell
phased out pesticides like Methyl Parathion (brand name Folidol/
Ship-owning companies (and indeed, their countries) like Bergesen (Norway), and Chandris (Greece) meanwhile, regularly violate international and national laws and dump their hazardous wastes at ship-breaking yards in India, Pakistan, China, Turkey and Bangladesh. The voluntary guidelines issued by International Marine Organisation are not enough and it is imperative that these guidelines are made mandatory to make the ship-owners liable and responsible.
In the era of globalization, multinational companies increasingly move around assets, products and wastes on a global chessboard to maximize their profits and minimize their costs. These companies are using differences and loopholes in national environmental and health laws for example to export pesticides and destructive technologies to poorer countries to the detriment of local communities. What international body oversees them, or sets rules for their behaviour, or holds them accountable when they transgress?
It is no longer just the conspiracy theorists who believe our world is increasingly ruled and ruined by large multinational corporations. The World Trade Organisation has supplanted environmental treaties and regulations. Corporations have become accountable only under the rules of a free market, free trade and a free for all on human rights and the environment.
The state of our environment has not improved, in fact it has deteriorated. The gap between the world’s rich and poor has widened. Instead of providing developing countries with the tools for sustainable development, corporations have pushed their dirty technologies and polluting industries on to some of the world’s poorest countries.
A recent UN report revealed that Exxon, with $63 billion, is worth
In the past ten years, corporations have not only resisted environmental challenges, they have lobbied to water down international treaties and even succeeded in getting countries to pull out of environmental agreements altogether. They have maintained their unsustainable practices in all sectors. It is apparent that more than just voluntary measures are needed to control these corporations.
A recent report by WWF states that if we continue at current levels of consumption we will use up all of the Earth’s resources within 50 years, and we will need two more planets to meet our resource needs. We either take urgent action to save the planet, or we get off. The UN Environmental Programme agrees that “the state of the planet is getting worse.” They say “there is a growing gap between the efforts of business and industry to reduce their impact on the environment and the worsening state of the planet.”
At the root of our environmental problems are the unsustainable practices of the corporations that shape our economies. But what is the good of a short-term healthy economy if we can’t drink the water, eat the foods in the fields or breathe the air?
Current systems of governance in
Corporations need to be held accountable for their actions that are destroying the planet, destroying people’s lives around the globe. There is only one answer. We must stand up to the corporations. Our governments must agree on international, legally binding rules for corporate responsibility, accountability and liability: a set of rules that business must follow, and governments must enforce. The list of rules is long, but so are the crimes.
The world needs corporations to be held accountable to the following laws – no matter where they operate in the world. eVoice is calling upon the Indian Government to endorse the Bhopal Principles on Corporate Responsibility, which call on Multinational Corporations to: • Accept liability for environmental damage and compensate victims of pollution; • Accept liability for the damage, no matter when it happens, what the cause or who in the corporation is responsible; • Accept responsibility for damage and injury beyond national borders including accidents in the oceans and atmosphere; • Ensure that they do not infringe upon basic human rights; • Disclose all information regarding releases into the environment to the public; • Protect human and social rights including the highest standards for rights to health care and a clean environment; • Avoid influence over governments, combat bribery and practice transparency; • Allow states to maintain their sovereignty over their own food supply; • Implement a precautionary principle and take preventative action before environmental damages or health effects are incurred; and • Promote and practice clean and sustainable development
SATYAM CO FRAUD , SINGUR AGITATION & GRAZIONO CEO MASS MURDER - An eye opener to irresponsible corporate India & GOI
The recent public agitation at singur west
Now , take the case of Graziono CEO mass murder in noida , it is nothing but fallout of hire & fire policies. Every human being works for survival , on his meager salary there will be family dependents , all of a sudden if a person is fired from service , his whole family will be on streets. O.k , all corporates nowadays preach & breath the mantra of USA , for everything be it infrastructure , flexible labour policies , it compares itself with those prevailing in the USA. Now , the corporate India is getting infrastructure at dirt free prices ( very high in the USA ) , has got hire & fire mechanism by employing contract labour , very lenient environmental norms , very lenient food & drugs safety rules , relaxation in Factory Act , ESI & PF acts , etc add to it the rampant corruption in all govt departments by which you can get any certificate for a price.
The lesson for corporate
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