With millions flowing in illegally, is India in for a major security crisis?

Suresh Gopinath is a young auditor practicing in a small town in Kerala. Live and Let Others Live, Be Happy and Make Others Too Happy are the guidelines of Gopinath, who hails from a family of Left intellectuals. The other day he called a member of Team PGurus and opened up. “I can’t hold it back anymore. The truth is that the country is in for a major security crisis,” said Gopinath.

He said that most of the films produced in India are made out of money mobilised through illegal operations.

Millions of dollars are illegally flowing into India on a daily basis to fund nefarious activities which include terrorism, religious conversion, anti–social activities and Left Wing Extremism. This is not an allegation made by political leaders or social activists or those in charge of Non-Governmental Organisations but by a seasoned auditor.

“Yes, the Narendra Modi government may have tightened the rules to check the flow of illegal money to India. But billions of dollars are flowing into the country illegally without any obstruction. This money is meant for anti-social activities. The money flow is happening with the connivance and concurrence of political leaders and officials,” said Gopinath, a well-known auditor in Kerala.[1]

He said there are innumerable ways to surmount or by-pass the government regulations and bring any amount of money to India. “It was at its peak in the years 2011, 2012, 2013 and 2014. I am speaking based on my own experience. Though there are rules governing the foreign exchange remittances, certain groups of people and political parties are having a field day as they bring into the country whatever amount they want,” said Gopinath[2].

Speaking to Team PGurus in his office in Ernakulam district, Gopinath said this illegal money is used for Love Jihad, religious conversion, hawala transactions and to grease the palms of government officials. “I had read in PGurus about how TV channels bring in hawala money into the country claiming that they are the sale proceeds of television programmes sold to foreign countries. But it is just one of the hundreds of means adopted by the racketeers,” said Gopinath.

He said that most of the films produced in India are made out of money mobilised through illegal operations. “I personally know of many people in my hometown getting benefitted because of these illegal transactions,” he said.

This young auditor recounted the incident when a container stuffed with counterfeit currency notes was unloaded in Kochi Port in the year 2011. “Those were the day of the UPA government and people with right connections could bring in any number of containers packed with currency notes to Kochi. It is true that containers carrying counterfeit Indian currency notes printed in Pakistan were brought into the country through Kochi Port. The entire consignment was unloaded at Kochi and was dissipated to various parts of the State. The price of land in Kerala shot up immediately after the arrival of the counterfeit currency notes,” said Gopinath.

He disclosed that all his counterparts in the State are aware of the arrival of these Pakistani printed counterfeit notes. “When I called my senior to seek guidance on an issue, he asked me whether my doubt was about a certain quantity of money credited into nearly 100 accounts. When I replied in the affirmative, he said the entire quantity was from the consignment that was unloaded in Kochi Port,” said Gopinath.

Kerala may be the only State in the country which has set the floor price for wood. All you have to do is to pay a one-time tax for the consignment of wood/ timber being despatched from the company.

Showing the documents under his possession (sans the identity of the clients), this auditor explained how millions of rupees were credited into the accounts of hundreds of people who have never ever paid Income Tax or have not done any proper business of any kind. The entire cash was from foreign countries, especially West Asia.

According to Gopinath, Perumbavoor, a medium sized town, became prosperous only after 2011 and the arrival of the container controversy. “The town saw a surge in the number of swanky cars and SUVs and palatial buildings after 2011. Hundreds of people got rich, filthy rich after 2011. Their sources of income are dubious,” he explained.

But the killer punch from Gopinath was yet to come. “All these people who got immensely rich after the 2011 windfall belonged to one particular community, Islam,” he said. Demonetisation put all these people in a crisis. “That has been taken care of now,” he said.

The entire money that got dissipated or dispersed in the system has found its way to quarrying, sand mining, plywood companies, real estate and metal crusher. “Interestingly all these units belong to the Muslim community,” he said. Gopinath added that it was not because of any anger or ire that he is disclosing the details. “I owe a responsibility to the society. I don’t have anything against the Muslims. But the kind of prosperity which we see in Kerala is not symmetric or uniform. While one section of the population is getting prospered, the Hindus are getting poorer by the day. The social system is totally against the Hindus because even the poorest of the poor in the Hindu community does not enjoy any kind of reservation in government jobs or in education. But the Muslim community has been designated as other backward community and they corner admissions in professional colleges and pocket government jobs because of the OBC status,” he pointed out.

More shocking news has come from the plywood industry. Perumbavoor is home to nearly 600 plywood industries. “None of them pay tax to the government. The politicians, belonging to the Congress and the CPI(M) help the proprietors of these plywood industries from the tax net. Kerala may be the only State in the country which has set the floor price for wood. All you have to do is to pay a one-time tax for the consignment of wood/ timber being despatched from the company. You prepare the invoice for 10mm thickness wood and send 18 mm thickness wood instead. No questions asked as the ministers have got their dues in advance itself,” said a leading timber exporter from Kerala.

Gopinath says the non-governmental organisations (NGO)s are having a free run all over India. “There are restrictions imposed by the Government and certain NGOs have been blacklisted. But in our country rules and regulations are meant for violation. It is being done with the connivance of the politicians,” he said. Gopinath also pointed out the anti-Nuclear Power Plant demonstration at Kudankulam in Tamil Nadu staged by the People/s Movement Against Nuclear Energy (PMANE) as a foreign-funded agitation[3].

There is enough number of private corporate banks specialising in money laundering, he said. The young veteran asked the government to order a thorough probe into the functioning of these banks with special emphasis on the sources from where the money is flowing…

References:

[1] NIA probes Tahir link with landing of fake currency consignment – Nov 11, 2012, The Hindu

[2]
Container with suspected fake currency held at Cochin port – Jul 6, 2009, Rediff.com

[3] Kummanam seeks probe into `two container full of fake notes’ reached in Kochi during former LDF govt rule – Nov 17, 2016, Times of India

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