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by New Equipment Leasing on July 10, 2011


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yahoovisitor June 12, 2010 at 4:16 am

How do we recover the national wealth looted in the form of heavy loans? A loan of say Rs 500 million is sanctioned on the name of industry. Rs 350 million are thrown abroad in forex account & Rs 150 million are invested in the industry. After a few yrs when forex account has jumped to double & industry has returned the invested amount with desired profit bankruptcy is declared. The industry is confiscated & auctioned for a meager amount. The same story is again repeated by the new industrialist

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