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Was she aware of his dealings with Dhoot. Are we penalising Chanda becauase Deepak is her husband and assume that she ought to have known every details. What if they were were not sharing so much. Was there any forgery or circumvention of process — these are the objective questions to ask. Indians and indian judiciary and also the media may have their perceptions about people relationships and jump to conclusions without being objective.
Audits are suposed to be designed to catch these gaps. What is their accountability in this. Why no one is examinig the gaps in the processes from this point of view. What is the use of a regulator if they get scot free everytime there is a scam. If all processes were followed then clearly there is a gap in governance. This is for RBI to fix and enforce.
If any processes was flouted then one should explore further what was flouted and in whose direction and these evidences and witnesses have to be brought to the court. Dont they have any role to play? If sufficient processses are not in place, there would be an additional set. And we have to question all banks and their Chairmen too. As Chanda says it was a collective decision, its important to find if anyone else raised any objection.
A public limited company has its liabilities resting with the company and not with the Chairman as an individual. The work load was such that we just did not have a social or private life of our own. Had to start at 8 every morning and the branch would be locked at around pm.
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