Mr. P S Shinoy CMD of Bank of Baroda and Mr. Vinod Rai, Addl Secretary convened Board meeting of Bank of Baroda in U S A .

 
  
Mr. P S Shinoy CMD of Bank of Baroda and Mr. Vinod Rai, Addl Secretary convened Board meeting of Bank of Baroda in U S A . 


Mr. P S Shinoy, is currently Chairman Cum Managing Director Of Bank of Baroda, It is one of the leading and Profitable bank of India. Indian Government owns this bank. Mr. P S Shinoy is working day and night to make his bank loss-making bank. This News Channel exposed numerous corrupt practices adopted by Bank of Baroda under the leadership of  Mr.P S Shinoy. He threatened this news channel from publishing any news against him or be ready for dire consequences. But this news channel continued exposing the misdeeds of Mr. P S Shinoy.
Mr, P S Shinoy, Chairman Cum Managing of bank of Baroda will be retiring in February 2005. He then bribed the officials of Banking Division under the control of Finance Ministry of India. He wants to retire safely and he found a novel idea. Mr. Vinod Rai is Additional Secretary of Banking Division. He is also a Government Director of Bank of Baroda. Mr. P S Shinoy in connivance of Mr. Vinod Rai, Addl Secretary of Banking Divison convened a board meeting in U S A. Bank of Baroda is a Indian Bank. All the facilities are available in India. All Directors are Indian. This is a Nationalized Bank. India is a poor country. The Chairman of Bank of Baroda is a rich man. He has earned millions. 
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Reliance gifted duplicate shares to Government Officials, the net is closing in on (Ambani) from all sides. 


The Government of India is encircling Reliance from all sides. Government of India has already instructed various agencies to investigate about the issue of duplicate shares and insider trading.  The Government of India has come to know that Reliance was bribing Government Officials and Politicians by gifting them shares at a discounted price instead of paying them cash. It has also been learnt that these Government Officials do not trade the shares and hence duplicate shares have been issued to them. 
To understand this, we have to go back few years and understand about the modus operandi of Duplicate Shares and Insider Trading. Mr. Gurudas Dasgupta, had resurrected charges of insider trading over the 1994 merger of two Reliance subsidiaries with the flagship company. People close to Dhirubhai Ambani, including his physiotherapist Dr. Rajul Vasa, bought shares in the subsidiaries months before the deal was made public. 
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