Saturday, December 25, 2010
Reality of Black money
In reality the term ‘black money’ is related with cash flow of the currency and only those people know how to use it properly who are the masters in this profession. Firstly black money is deposited in the foreigner countries or properties are bought in and out of the country with this money. Sometimes, people buy land or large farm houses in the names of their relatives which are usually bought in non-existent or bogus names. Whenever some officer or leader is caught red handed taking the bribe they usually decline about their ownership of some property etc. so properties are bought in non-existence names by the corrupt officers and leaders. There are many examples of it that corrupt leaders amassed a lot of property during their rule and they were blamed for corruption. They lost in the elections but after elections their children live the life of kings. CBI raids recovered documents of property that had been bought in non-existent names. Luxury cars were found but they say that their relatives are the owners of these items who are the god fearing people and daily goers to the Gurudwaras or temples. There are many examples when many high class government officials and police officers had collected crores of rupees though corrupt means for the satisfaction of their personal interests.
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