ARREST OF PRESIDENT OF ALL INDIA IOB EMPLOYEES' UNION BY CBI

[PM]

For Information:

                                      As you  may be aware Mr L Balasubramaniam is the president of  All India Overseas bank Employees Union (AIOBEU) which is affiliated to National bank Employees Union(NUBE) headed by him. NUBE  has submitted Charter of Demands to IBA separately for wage revision( not  part of UFBU)

                                       Perhaps members may also recall the legal fight  with IOB while management restrained Mr.Balasubramaniam,and others in  participating in employees union affairs on the ground that they were retirees.Later court verdict came in their favour.

Now read the latest news:

CHENNAI: Central Bureau of Investigation sleuths on Thursday arrested the president of the All India Overseas Bank Employees' Union (AIOBEU) for his role in a recruitment scam over the appointment of 951 sweepers and messengers in 2010. L Balasubramanian was later remanded in judicial custody.

CBI simultaneously conducted searches at 18 places in TN, including Balasubramanian's houses and AIOBEU offices. Sleuths had arrested all regional secretaries, vice-president and general secretary of AIOBEU and a few officials of IOB's head office in July.

Investigation revealed that Balasubramanian, who had retired as special cadre assistant in IOB, was the brain behind the scam and was instrumental in introducing the permanent absorption criteria to extract illegal gratification from the candidates over a period of time.

He was also instrumental in introducing age and educational qualifications criteria to get a better platform for manipulation, inquiries showed. He got some of the candidates, who worked as domestic help in his house, absorbed in IOB and directed regional representatives of AIOBEU to collect illegal gratification from probable candidates, police said.

Police said the way 951 people, recruited as daily-wagers in the bank over the years, were confirmed as regular employees in IOB in 2010 gave rise to suspicion. The educational qualification for the post of sweeper and messenger was a fail in SSLC examination. However, many applicants who had passed SSLC or Class 12 examinations produced 'certificates' showing they had failed.

Police said the vacancies were manipulated and the recruitment was divided into phases to enable those involved to have greater scope for demanding gratification. All these 'schemes' were against the letter and spirit of the board approval. Most of the candidates so recruited were found ineligible and were subsequently terminated from service, police said.

Earlier, CBI sleuths arrested AIOBEU state general secretary Chinni Krishna and assistant general secretaries Umapathy (Vellore), Rangarajan (Karaikudi region), Swaminathan (Thanjavur region), Kandasamy (Salem region), Thomas Balan (Tuticorin region) and Soundararajan (Puducherry region). All of them were senior clerks in various IOB branches in the state.

Several key office-bearers of IOB's employees union had been placed under suspension after their names were registered in the First Information Report (FIR) filed in the scam. Preliminary inquiries revealed that many daily-wage workers had managed to get the appointment after paying huge sums to some union leaders.

-Times of India 5th Dec

[bhaskara sarma]

It is very unfortunate that serious allegations are levelled against Union leaders,who are authorised to bargain with IBA on behalf of employees.At this crucial juncture it may dent the Bargainig power of the employees.In India nobody waits for final verdict.Mere arrest causes tarnishing the image.Anyway let us wait and see the further developments.

P B Sarma.

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[RAM LAKSHMAN Gupta]

From the leader of Union such acts are not expected.If the issues are factual then he definitely deserves the befitting punishment. Such persons do not damaging the image of union do not deserve any sympathy.

R. L Gupta  

[RAM LAKSHMAN Gupta]

Please delete the previous message. The current one is this-

From the leader of Union such acts are not expected.If the issues are factual then he definitely deserves the befitting punishment. Such persons  damaging the image of union do not deserve any sympathy.

R. L Gupta  

[JSOMA SHEKARA]

No leader is perfect and clean. Every one has skeletons in their c

[JSOMA SHEKARA]

No leader is perfect and clean. Every one has skeletons in their cupboard. .Govt /managements are well aware of it. However Govt/Managements will ignore it. In case any leader takes strong measures against management then they exploit his weakness if nay by filing cases against him by using CBI or any govt controlled investigating agencies. May be govt is sending warning signal for all trade Union leaders of the country. Curbing Union activities and leaders may be the part of their economic reforms.

Hoever the quick action, promptness shown in referring case to CBI and arresting Union leader is not shown in case of Big corporate defaulyers who have defrauded banks to the tune of more than Rs.40000 crores.  None of them has been arrested. Stringent recovery measures promised by FM has not been put into action. Politicians cannot afford to annoy corporates because of whom they gain power.

[Nageswara Rao P]

The act of Mr. L Balasubramanian President of AIOBEU and his team has tarnished the  image of AIOBEU which was which was started and developed by eminent  and iron man Sri G Nagaiah and further improved  by eminent leader like CR Chandrasekharan(CRC) and his team.  Perhaps for doing this he along with his team conspired and expelled  Mr. Mohan another good leader from the union.  When Mr. Mohan was AGS (central) Mr. Balasubramanian is a petty leader without any importance and that was the reason for  his conspiry and ultimately he spoiled the image of the union.  The Bank employees in general and IOB employees had to feel shame because of him.  This clearly shows that leaders, after retirement should not be allowed to hold key posts in unions as they influence authorities in the banks and get all this nonsense to banking community.

rgds

P N Rao

Retd IOBIAN