Punjab National Bank - Gitanjali - Audit Fraud a lesson in deed for health department
Punjab National Bank is one of the leading public sector bank in India. It was incorporated in the year 1894. Gitanjali - Diamond jewelry retailer brand from India. When I look in to the issue. It is a clear case of gross audit negligence which resulted in the thousands of crores fraud. Like Mr. Mallya Mr. Chowski left India before the bureaucracy entered the field to analyze the depth and magnitude of the fraud committed. Banks are expected to follow the stringiest audit norms in the economy. They are trusted with the ones own money. What if suddenly bank declares that investors, account holders money is gone and they can not with draw the amount. In Health department, it is managed by the doctors, administered by the doctors and it is for the doctors, by the doctors and to the doctors. The rule of others are very minimal. National Health Mission is one of the largest Health mission in the country. Public money is to be spent in the most transparent way....