[rtitimes] Black Money basically is got produced and protected by politicians for their own interest.

In or about 1980 Mr. Pranab Mukherjee was Union Steel and Mines Minister and undue favour for the monopoly aluminium producers, submitted proposal for unfair price rise of controlled aluminium, at the cost of burden on energy ministry, because 50% distribution of aluminum was under control and reserved under the energy ministry. I opposed such proposal  supported by very strong datas, and on the basis of my representation which I delivered almost each the then Member of Parliament, and met personally with Personal Secretary of the then Energy Minister Shri Gani Khan Choudhury, who was ordered for internal enquiry in the matter, since his ministry was important consumer. However each time such proposal was restrained by Smt. Indiira Gandhi, the then Prime Minister. I paid heavy cost for my such opposition to unfair price rise. During the same period of my working as leader of SSI Aluminium Industry I raised the issue of illegal transfer of money by one Aluminium Producers to Switzerland, which was published in the Economic Times and the then Industry Minister Mr. T. A. Pai assured the Parliaament for enquiry, which was never conducted.
 
Milap Choraria  
 

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Date: Wed, 18 May 2011 09:58:36 -0700
From: Jaya Kamlani, USA
 

What Finance Minister Pranab Mukherjee is proposing is undoubtedly outrageous.  Why is he asking that criminals be pardoned?  In the U.S, the Internal Revenue Service would not let them off the hook.  These tax evaders would have to pay big penalties.  Perhaps even serve jail time if there were other illegalities involved.   Pranab Mukherjee's proposal would do further injustice to India and its people.  Such loopholes to the law should NOT be incorporated in the Lokpal Bill.  If added, it gives further credence to labeling India as a "Banana Republic" and the country will become a laughing stock in the legal eyes of the world.   The best thing to do in this situation is to provide amnesty period with some penalties.  If the tax evaders do not cooperate within that timeframe, then they must be heavily punished according to the law, which does not permit criminals to go scot-free.  Similar to what is being done in the tax evasion cases in the U.S.   Regards, Jaya Kamlani, USA