Money laundering in India is not a very difficult thing….it could be complicated yes, but not difficult. Also there are many things that you can do with the cash. You could buy tiles for your house, furniture, eat in expensive restaurants, hire a car, air travel…..but beyond an X amount of money that you need […]

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The Reserve Bank of India has just issued (I mean I just saw it at 9.30pm) a circular signed by its CGM – Alpana Killawala.   This says the investigation of the cobrapost.com episode (where they had showed bankers talking about money laundering) will be over by 31st March, 2013. Great. The investigation will exonerate […]

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